August 2025 – Charlotte, NC – Ginkgo Residential is pleased to announce the acquisition of the Charleston Portfolio, five multifamily communities totaling 647 apartment homes in the Charleston, South Carolina metropolitan area.

This acquisition marks Ginkgo’s strategic reentry into Charleston, a region experiencing robust growth. According to recent data, the Charleston MSA added approximately 43 jobs per day and welcomed 50 new residents daily between 2023 and 2024—driving strong demand for quality housing.

Portfolio Overview

Investing in Growth

Located in Charleston’s workforce housing corridor, the portfolio is well-positioned near major employers including Boeing, Volvo, MUSC, and the Port of Charleston. Nearly all units have been renovated in recent years, and Ginkgo plans to invest $9.7 million in additional enhancements such as upgraded amenities, landscaping improvements, in-home washer/dryer installations, and privacy patios.

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