Jan
31

Two Charlotte Apartment Complexes Sold

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Two Charlotte-area real estate investors have teamed with outside investors to purchase the 44-unit Pines on Wendover apartment complex in Charlotte’s Cotswold area.

Eric Speckman, and Thomas Norman partnered late last month with investors based in Virginia, New Jersey, New York and Pennsylvania on the acquisition of the property, which is on North Wendover Road.

The new ownership entity is called The Pines on Wendover. The group’s members include Ed Peete, a developer based in Arlington, Va.; New Jersey-based Dearborn Holdings; New York-based Mascia Development; and JMJ Property Co. in Pennsylvania, as well as Speckman and Norman.

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