Ares Management buys 350-unit, Artizia at Loso, in Charlotte for $95.5M ($272K/unit) from RangeWater

  • 12/4/2024

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The Aritzia at LoSo, a 350-unit complex in Charlotte’s lower South End neighborhood, sold on Nov. 19 for $95.5 million. Ares Public Fund acquired the property from RangeWater Real Estate.

The Class A development, located at 200 E. Cama St., was built in 2020. It has studio, one- and two-bedroom units. Monthly rent rates range from $1,402 – $2,854.

RangeWater Real Estate
Palmer McArthur | Managing Director, Development-Carolinas/Tennessee
Ares Management Corp (NYSE: ARES)
Marshall Hayes | Partner, Head of U.S. Multifamily Acquisitions

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