(Part two of a 13-part series) Camden’s growing presence in South End has captured the attention of apartment industry observers, such as Charles Dalton, president of Real Data, a Charlotte-based company that studies the city’s apartment market.
"We love what's happening in that neighborhood with light rail. It's getting more and more use," said Mark Coletta, vice president of real estate investments for Camden Apartment Trust.
After successful careers in the real estate industry, Stuart Proffitt and Wyatt Dixon found themselves at a crossroads. The economy was in the crapper, their once-lucrative jobs at big Charlotte firms were either in a state of flux or being eliminated and they were facing one of the worst real estate markets in U.S. history. [...]
When David Furman started looking in 2001 for a site for McCreesh Place, he discovered that no other single room occupancy developments existed in Charlotte. Furman, owner of Charlotte-based David Furman Architecture, would go on to spearheaded Charlotte’s first and — so far — only SRO. Axiom Architecture, where Furman is principal, designed the 63-unit [...]