Origin Investments acquires 323-Unit Broadstone Optimist Park in Charlotte, N.C. for $91.5M ($283k/unit) from Alliance Residential

  • 5/5/2025

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Origin Investments
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Origin Investments, a leading multifamily real estate fund manager, has acquired Broadstone Optimist Park (Broadstone), a newly constructed, 323-unit multifamily property at 2010 N. Brevard St. in Charlotte. The acquisition of Broadstone, a property that is being renamed and rebranded, further increases Origin’s holdings in Charlotte and across North Carolina.

Cushman & Wakefield’s Alex McDermott, Paul Marley, Charlie Gravina and Rhodes Marley marketed the property for sale. Drew Barnette, Ben Huckaby and Mike Pfaff, also of Cushman & Wakefield, arranged the acquisition financing for Origin. The final sale price was $91,500,000.

Origin Investments
Kyle Verhasselt | SVP, Acquisitions
Alliance Residential Company
Brian Austin | Senior Managing Director, Development-East Region
Origin Investments
David Welk | Managing Director, Acquisitions

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