BVT invests in apartment project development in Charleston, South Carolina.
Munich, Germany (https://www.bvt.de - April 26, 2023) – BVT Group (BVT) announced that it has acquired a development site on Daniel Island in Charleston, South Carolina for its residential fund “BVT Residential USA 18”.
The garden-style apartment complex named “Mikasa” will be built on approximately 20 acres of land and contain 336 Class-A apartments spread across five buildings, each with four stories and generous open space.
The gated community will have attractive amenities including a clubhouse, a swimming pool with sundeck, fitness and yoga studios, and EV charging stations, among others.
The acquisition marks the second successful closing for BVT’s Residential fund USA 18, a fund structured under Luxembourg law (BVT LUX Invest S.C.S. SICAV-RAIF).