Denholtz, a leading privately held investment management firm, and Lansing Melbourne Group (LMG), a boutique developer specializing in public-private partnerships, have named Greystar the exclusive leasing agent for the NOVI portfolio in Concord, North Carolina.
The NOVI portfolio, comprising NOVI Rise, NOVI Lofts, and NOVI Flats, is a collection of three interconnected, lifestyle-branded mixed-use communities located in downtown Concord. The portfolio includes over 300 luxury studio, one- and two-bedroom apartments and more than 10,000 square feet of retail space. The NOVI buildings are the first mid-rise developments of their kind in downtown Concord, underscoring the success of the town’s ongoing multi-million-dollar revitalization spearheaded by the Concord City Commissioners and the Cabarrus Economic Development Corporation.
“Greystar has established a global reputation for driving leasing success, and their proven track record in the Charlotte area in particular make them a strong partner for our NOVI communities,” said Warren Loy, Senior Vice President and Head of Asset Management at Denholtz. “We are thrilled to work with Greystar’s team and welcome future residents to experience all that NOVI and the town of Concord have to offer.”
“Greystar is excited to be the exclusive leasing agency for the NOVI portfolio,” Michael Susen, Senior Director of Real Estate at Greystar, said. “We provide a professional level of service, and together with Denholtz, we elevate the resident experience for those who choose to call NOVI communities home.”
Denholtz is a leading privately held investment management firm bringing a highly innovative approach with institutional execution to commercial real estate. Backed by decades of experience, we leverage a dynamic vertically integrated platform to create value for our investors.
Founded in 1953, we manage over $2B in high-performing assets across industrial, residential, retail, office, and mixed-use strategies. With a portfolio of over seven million square feet, we operate throughout the north and southeastern US with a staff of over 100 employees.
Lansing Melbourne Group (LMG) is a trusted development partner specializing in tax-advantaged commercial real estate investments that generate positive societal impact guided by a mission to provide high-net-worth investors and institutions with exceptional returns while focusing on demanding and unique projects in urban locations. With a track record of success spanning over 40 years, LMG stands out as an industry leader through its ability to unlock value from existing assets via public-private partnerships and expertise in planning and developing large-scale projects. From revitalizing downtown areas to constructing hospitals, universities, and institutional projects, LMG is a comprehensive P3 development specialist dedicated to optimizing the development process and creating value for underutilized communities in the eastern United States.
