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IMT Residential Expands Nationwide Portfolio with the Addition of First Community in North Carolina

SHERMAN OAKS, CA. October 20, 2020 — IMT Residential, a leading nationwide apartment operator with multi-family communities that extend through Arizona, California, Colorado, Florida, Georgia, Tennessee, Texas and now North Carolina, announced the acquisition of IMT Ballantyne.

Located at 12600 District South Drive, Charlotte, NC 28277, IMT Ballantyne residents have access to the Ballantyne Corporate Park, Ballantyne Village and other nearby retail, dining and entertainment in the area. In addition to everything the greater Ballantyne area has to offer, with close proximity to I-485 and I-77, IMT Ballantyne provides residents an easy commute to Uptown Charlotte and access to neighboring South Carolina.

Totaling 397 apartment homes, IMT Ballantyne offers studio, one-, two- or three-bedroom floorplans. Each home includes an array of amenities from stainless steel appliance packages and granite countertops to in-home washers/dryers and large walk-in closets. Residents can come home to relaxing community amenities such as a resort-style pool, 24-hour package lockers, pet spa and dog park.

IMT Ballantyne is currently IMT Residential’s first community in the Charlotte submarket as well as the state of North Carolina. “We are thrilled about the addition of IMT Ballantyne to start our portfolio of communities in North Carolina. The Charlotte submarket is an ideal location that we have wanted to expand to and one that hope to see continuous growth in the coming years,” said Joseph Elhabr, Vice President, IMT Residential.

Continuing IMT’s standard of excellence in residential living nationwide, residents can expect the high-level of customer service IMT Residential provides and also enjoy all of the comforts of their apartment home.

About IMT Residential

IMT Residential is a Los Angeles based privately held full-service operator of multifamily residential communities. The company currently manages over 17,000 residential units and 50 communities in eight U.S. states. Founded in 1992, IMT Residential has been recognized on the lists of Top 50 multifamily firms nationally by the National Multifamily Housing Council (NMHC) and Multifamily Executive Magazine. Additional information on IMT Residential can be obtained by going to

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IMT Residential is a leading nationwide apartment operator with a portfolio that extends through Arizona, California, Colorado, Florida, Georgia, North Carolina, South Carolina, Tennessee and Texas. IMT is fully invested in being America’s best apartment operator.

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