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Dallas Office Investor Enters Multifamily Sector With Charlotte, North Carolina, Buy

Velocis Diversifies Portfolio in Bet on Growing Demand for Housing
The Beverley sits in the upscale Ballantyne neighborhood of Charlotte, North Carolina. (CoStar)
The Beverley sits in the upscale Ballantyne neighborhood of Charlotte, North Carolina. (CoStar)
CoStar News
December 30, 2020 | 1:38 P.M.

A Dallas private equity real estate firm made its first entry into apartment investing with the acquisition of a high-end multifamily property in Charlotte, North Carolina, becoming the latest office-focused investment firm to target the housing sector for growth.

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