Aventine, previously known as Ardmore at Bryton, a 288-unit multifamily property in Huntersville, North Carolina was recently acquired and sold by Greystone and Cushman & Wakefield. The buyer of the property was Claremont Companies, a family office based in Massachusetts.
The seller was represented by Cushman & Wakefield’s team consisting of Alex McDermott, Louis Smart, Paul Marley, John Phoenix,
Richard Montana,and Jacquelyn Aaron. The transaction amounted to $72.9 million.
Financing for the acquisition was provided through a $41.4 million Freddie Mac loan originated by Executive Director Alex Basile from both Greystone and Cushman & Wakefield along with Michael Zelin and Drew Barnette from Cushman & Wakefield’s Equity,
Debt and Structured Finance team.
Located at 13035 Ardmore Forest Rd., Aventine offers various amenities including a fitness center,
car care center,resident lounge with complimentary Starbucks bar,petspaand park,and resort-style swimming pool.
This deal marks another successful collaboration between Greystone,Cushman&Wakefielddemonstrating their expertise in arranging complex transactions within the commercial real estate market.