Claremont Companies acquires newly built 288-unit, Ardmore Residential developed NC Community for $73M ($253K/unit)

  • 12/6/2024

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Family office Claremont Cos. has acquired Aventine, formerly Ardmore at Bryton, a multifamily property in the Charlotte suburb of Huntersville, N.C., for $73 million. Ardmore Residential was the seller of the 288-unit property, completed in 2023.

Greystone provided a $41.4 million Freddie Mac loan for the acquisition financing for the transaction while Cushman & Wakefield arranged the sale. The community was 91 percent occupied at the time of the sale, Yardi Matrix data shows.

Claremont Companies
Elias Patoucheas | President
Ardmore Residential
Brantley White | Founding Principal

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