A. Bradley Hill Of Mid-America Apartment Communities Acquires Multifamily Property For $116.3M In Charlotte

The property involved in this transaction is located at 7740 & 7741 Liberty Row Drive, Charlotte, NC. It is a multifamily asset consisting of 239 units, which were sold for a total amount of $116,300,000, translating to approximately $486,611 per unit. The property, initially developed as Modera Liberty Row, had undergone reconstruction after a fire in 2023 that impacted one building and caused significant damage to another. Residents had started moving in during the summer following the renovation.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $116,300,000
• Units: 239
• Price Per Unit: $486,611
• Buyer: A. Bradley Hill - Mid-America Apartment Communities, Inc.
• Seller: William MacDonald - Mill Creek Residential
• Transaction Date: 08/26/2026
• Market: Charlotte, NC

A. Bradley Hill represented Mid-America Apartment Communities, Inc. in this acquisition, while William MacDonald represented Mill Creek Residential as the seller. The transaction highlights the involvement of major players in the multifamily real estate sector within the Charlotte market.