J Optimist Park Lands $68.5M Bridge Loan

J Optimist Park, a 350-unit apartment complex at 1130 North College Street in Charlotte's Optimist Park neighborhood, has secured a $68.5 million senior bridge loan. Broadshore Capital Partners closed the loan in November 2026 to fund lease-up and stabilization. Jefferson Apartment Group developed the six-story, 464,105-square-foot mid-rise on a 5-acre site with equity partner Cadre. Niles Bolton Associates served as architect.

The building stacks five residential levels over one structured parking level, with 467 spaces across garage and surface parking. United Bank provided construction financing. The project broke ground in September 2022 and delivered in May 2026 in three phases of 78, 155, and 117 units.

Amenity space exceeds 30,000 square feet and includes a resort-style pool, fitness center, coworking lounges, conference rooms, yoga lawn, pet spa, bike storage, EV charging, package lockers, a grab-and-go market, two courtyards, a game room, a resident lounge, and a covered porch with a double-sided fireplace.

The property sits adjacent to Optimist Hall and is walkable to the Lynx Blue Line Parkwood Station.