West Shore Acquires Three Apartment Communities in NC

October 21, 2022

October 21, 2022 – West Shore, a multifamily real estate investment firm, has acquired Ardmore at Price and The Mill on Main, which have been renamed and will now operate together as Waxhaw Mills Apartments. West Shore also purchased The Vive at Kellswater in Kannapolis, NC. This brings the number of West Shore’s properties in North Carolina to six.

“We are pleased that we have acquired three more very attractive properties in North Carolina,” said Steven Rosenthal, chairman of West Shore. “Our resilient investment model and experience has allowed us to continue our growth in North Carolina and all three of these properties are remarkable assets.”

Waxhaw Mills Apartments, the 309-unit residential community spans two properties. West Shore will be offering expanded management services through extended office hours at both properties. Waxhaw Mills Apartments gives residents the choice of a loft-style one-bedroom apartment with exposed brink in a historic mill, a multi-level home with original hardwood floor, or a three-bedroom with granite countertops, designer cabinetry, and wood-style flooring. The community offers two resort-style pools with expansive sun decks, fenced pet parks, scenic courtyards with walking paths, among other amenities.

The spacious apartment homes at the 312-unit Vive at Kellswater offer the office space that many people are seeking in the current work-from-home environment. Residents can also relax poolside, exercise at the 24-hour fitness center, use the yoga and spin studio, lounge and dine outside, and take their dog out to the pet park. The Vive at Kellswater was designed to give residents the best in modern living in Kannapolis with easy access to downtown.

“Population growth is driving an unprecedented level of demand for apartments in Charlotte and the surrounding area,” said West Shore president, Lee Rosenthal. “West Shore has now invested in six unique and well positioned properties, growing our North Carolina portfolio to over 1,500 units. Both Waxhaw Mills Apartments and The Vive at Kellswater offer terrific apartment living experiences for our residents and provide easy access to popular downtown areas.”

About West Shore


West Shore is a fully integrated real estate investment firm with a specific focus on the acquisition and management of multifamily assets. It is a dynamic, fast-growing company that blends an entrepreneurial approach to real estate with institutional investment discipline. Its principals are experienced management and real estate private equity executives. Boston-based West Shore was founded in 2016 and owns and operates a diverse portfolio of 52 multifamily properties in seven states, totaling over 16,500 units with a total market value of more than $4.0 billion. For more information about West Shore, please visit the company’s website at www.west-shore.com. 

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