JV Sells Charlotte Community for $63M

The project broke ground in early 2014 and delivered the first units in late 2015.

Charlotte, N.C.—Ram Realty Services and LMC announced the sale of Midtown 205, an apartment community located at 205 S. Kings Drive in Charlotte, N.C. to CWS Capital Partners for $63.35 million. Ram and LMC formed a joint venture partnership in 2013 to develop the community in a pedestrian-friendly location alongside Metropolitan, Midtown’s premier shopping plaza located minutes away from downtown.

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