INDIAN TRAIL, N.C., August 08, 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.