Berkadia, a distinguished leader in the commercial real estate sector, announced the sale of Poplin Trace, a 99-unit, townhome property in Indian Trail, North Carolina constructed in 2021.
Managing Director Caleb Troop and Associate Director Matt Robertson of Berkadia Charlotte and Senior Managing Director Mark Forrester and Managing Director Andrew Curtis of Berkadia Phoenix led the transaction on behalf of the seller, Arizona-based Belleview.
“We continue to see a strong appetite from institutional capital for well-located build-to-rent communities across the Charlotte market,” Troop said.
Located at 857 Tyler Matthew Lane, Poplin Trace affords convenient access to major highways including US-74, I-485, and US-601. Poplin Trace offers three-bedroom townhomes with 2.5 baths and attached two-car garages. Residents benefit from modern features like direct access garages and energy-efficient appliances. Each home is equipped with vinyl plank flooring, granite countertops, and a 5-burner gas range.
Berkadia, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is a leader in the commercial real estate industry, offering a robust suite of services to our multifamily and commercial property clients. Through our integrated mortgage banking, investment sales and servicing platform, Berkadia delivers comprehensive real estate solutions for the entire life cycle of our clients’ assets.
