construction, asset management firm, land acquisition, land acquisition companies, project management firm, site development, land development, land development company, land development firm, residential development, commercial development
L Star closes Kellswater Bridge with Mountain Real Estate Group
Partnership to speed development of 240-acre master-planned community.
by Nate Tennant Tuesday, March 22, 2011
Kellswater Bridge is located approximately 12 miles northeast of Charlotte in Kannapolis, home to the NC Research Campus, a $1.5 billion facility for biotechnology, nutrition research and health.
"This is a great development in great location,"said Kyle Corkum, President of L Star Management LLC. "Repositioning this property will allow for more rapid development and completion which will be good for everyone, Corkum said." LStar partnered with Mountain Real Estate Group to purchase the note from Community One bank.
L Star is a highly experienced site development and asset management firm based in Raleigh, North Carolina. Partnering with some of the country's pre-eminent private equity and wealth management funds, L Star acquires assets across the Southeast.
L Star's senior staff has more than 200 years combined experience in land acquisition, project management, asset management, site development, design, planning, permitting, real estate law, financial risk mitigationand construction.As of February 2011,L Star Management LLC has closed more than 5,000 units in the Carolinas. For more information visit: http://www.LStarland.com
Nate Tennant Kirk Communications (603) 766-4945
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