Cortland Partners, a leading real estate investment firm, has recently acquired the Spectrum South End apartments in Charlotte for $104 million. In order to enhance the value of this property, Cortland is implementing a comprehensive renovation plan that includes upgrading apartment interiors, clubhouse space, courtyard and pools. The project will also be rebranded as Cortland South End.
The aim of this initiative is to elevate the property’s status to Class A level. Developed by The Morgan Group from Houston in 2010, this 331-unit complex offers studio, one- and two-bedroom apartments with rental rates ranging from $1,490 to $2