Momentum Real Estate Partners Announces the Successful Sale of Provenza at Indian Trail in Indian Trail, North Carolina

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INDIAN TRAIL, N.C.--(BUSINESS WIRE)--Aug 7, 2025--

Momentum Real Estate Partners, LLC ("Momentum") is pleased to announce the sale of Provenza at Indian Trail, a 204-unit Class A apartment community located at 1021 Glenn Valley Lane in Indian Trail, part of the greater Charlotte, NC market.

Mauricio Gruener, Co-President and Co-CEO of Momentum, stated, “When we acquired Provenza at Indian Trail, this submarket was in the early stages of growth. Through a deliberate approach to management, rebranding, and targeted community enhancements, we were able to position this asset to remain competitive in a rapidly evolving market. This sale reflects the value created through our proactive approach.”

At acquisition, the Indian Trail submarket featured only one other Class A community built post-2010 within a five-mile radius. Over the hold period, multiple Class A properties were developed in the area, underscoring the community’s rapid growth and strong demand. Momentum’s strategic timing allowed the property to benefit from this transformation, capitalizing on the submarket’s increasing attractiveness to residents and investors alike.

Under Momentum’s stewardship, Provenza at Indian Trail underwent a rebrand under the Provenza trademark and received several community-focused enhancements. These included the addition of a firepit, grilling area, hammocks, and a community garden — amenities designed to elevate the resident experience and strengthen the property’s appeal in a competitive market.

Eduardo Gruener, Co-President and Co-CEO of Momentum, added, “Our approach is rooted in identifying opportunities where strategic improvements and hands-on management can deliver meaningful results. Provenza at Indian Trail reflects that philosophy — creating a more vibrant community for residents and achieving a strong outcome for our investors.”

The sale of Provenza at Indian Trail underscores Momentum’s ability to navigate dynamic markets while delivering on its commitment to enhancing property value through active management and thoughtful capital investment.

About Momentum Real Estate Partners, LLC

Based in Miami, Florida, Momentum Real Estate Partners, LLC has made a significant mark over the past decade in the real estate industry, with transaction volume across major U.S. markets amassing a total of $1.7 billion in property value. Since its founding, the company has acquired 22 projects, totaling approximately 5,619 residential units spread across 15 dynamic cities. Delve into their story at momentumrep.com.

Disclaimer: INVESTING CARRIES SIGNIFICANT RISKS. PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS. THIS STATEMENT IS NEITHER AN OFFER TO BUY OR SELL SECURITIES NOR A RECOMMENDATION. KINDLY REFER TO OUR PRIVATE PLACEMENT MEMORANDUM FOR ESSENTIAL INFORMATION AND DISCLOSURES.

View source version on businesswire.com:https://www.businesswire.com/news/home/20250807750461/en/

CONTACT: Media Contact

David Ramos

Momentum Real Estate Partners

[email protected]

KEYWORD: NORTH CAROLINA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: REIT OTHER CONSTRUCTION & PROPERTY RESIDENTIAL BUILDING & REAL ESTATE COMMERCIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY

SOURCE: Momentum Real Estate Partners, LLC

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PUB: 08/07/2025 03:53 PM/DISC: 08/07/2025 03:53 PM

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