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South Carolina Private Equity Firm Picks Up Mooresville Apartment Complex

Hawthorne Residential Partners Sells 232-Unit Multifamily Property About 2 Miles from Lowe's HQ
Hawthorne at Lake Norman, a 232-unit apartment complex in Mooresville, North Carolina, sold for almost $50 million, according to county records. (JLL)
Hawthorne at Lake Norman, a 232-unit apartment complex in Mooresville, North Carolina, sold for almost $50 million, according to county records. (JLL)
By Monique Whaley
CoStar Research
May 28, 2020 | 4:56 P.M.

Private equity real estate firm PassiveInvesting.com has purchased Hawthorne at Lake Norman, a 232-unit apartment complex located about 2 miles north of home improvement retailer Lowe's corporate headquarters in Mooresville, North Carolina.

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