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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.