Argyle Real Estate Capital Acquires Exchange at Westgate Apartments in Wilmington, NC

Tampa, FL (June 18, 2026): Argyle Real Estate Capital ("Argyle"), in partnership with Battery Global Advisors (“BGA”) and Dimora Capital (“Dimora”), announced the acquisition of Exchange at Westgate (“Exchange”). The 312-unit, 2023-vintage Class A multifamily community is located in Leland, North Carolina, within the rapidly growing Wilmington MSA.

Completed in 2023, Exchange at Westgate is a best-in-class garden-style community offering studio, one-, two-, and three-bedroom floor plans averaging 931 square feet. Apartment interiors feature granite countertops, full ceramic tile backsplashes, stainless steel appliances, walk-in and oversized closets, wood-style flooring, and designer light fixtures. Community amenities include a grand clubhouse with resident lounge, a cyber café, a resort-style saltwater pool with a poolside grilling area, a fitness center, and a dog park. The Property sits within the Westgate community of Leland and is walkable to Chick-fil-A, Starbucks, Harris Teeter, Walmart and more. Additionally, Exchange is roughly 12 minutes from Downtown Wilmington, with convenient access to the Port of Wilmington, Wilmington International Airport, New Hanover Regional Medical Center, and UNC Wilmington.

"Exchange represents a very compelling opportunity in one of North Carolina’s most attractive growth corridors offering residents walkability to countless retail and entertainment options and quality housing,” said Ryan Reyes, CEO of Argyle. “We are thrilled to kick off our partnership with Battery Global Advisors and Dimora Capital.”

Argyle plans to implement a light value-add and operational program designed to finish the lease-up and reposition the community within the submarket, including the addition of in-unit washer-dryer appliances and targeted exterior and amenity enhancements. Argyle has selected Greystar to oversee onsite operations.

“Exchange at Westgate is a great addition to our growing portfolio and exemplifies the type of assets we target – institutional quality communities at an attractive going in basis in desirable, high growth markets,” said Mike Cacciatore, Partner at Argyle. “We look forward to implementing our business plan and creating long-term value alongside our partners.”

“The Wilmington MSA is one of the most compelling growth stories in the Southeast, and Exchange at Westgate checks every box – a best-in-class 2023 vintage asset at an attractive basis with a clear path to value creation. We couldn't be more pleased to launch our partnership with Argyle on this deal and look forward to building on this momentum together,” said David Rothenhaus, Co-CIO of Real Estate for Battery Global Advisors.

The acquisition further expands Argyle's presence throughout the Carolinas and broader Southeast as the firm continues to scale its multifamily investment platform targeting core, core-plus and value-add opportunities in high-growth markets.

About Argyle Real Estate Capital:

Argyle Real Estate Capital is a vertically integrated, opportunistic real estate investment firm based in Tampa, FL. Founded in 2023, Argyle is focused on the acquisition and repositioning of core-plus and value-add multifamily assets in primary and secondary markets throughout the Southeast. To date, Argyle and its affiliates have acquired over 2,400 units spanning over $500M. For more information, please visit https://www.argylerep.com.

About Battery Global Advisors:

Battery Global Advisors (“BGA”) invests through an institutional family office framework. Serving sophisticated investors worldwide, BGA manages over $8 billion in assets, blending traditional wealth management with exclusive access to unique investment opportunities. BGA has a core capability in real estate investing, having deployed more than $1 billion across a diversified portfolio of real estate and digital infrastructure assets, demonstrating its expertise in identifying, structuring, and executing attractive deals within its integrated investment platform. For more information, please visit www.bga.com.

About Dimora Capital:

Dimora Capital is a family-owned real estate firm dedicated to preserving and growing intergenerational wealth through disciplined multifamily investments. Our name – Italian for "residence" – reflects our founders’ shared heritage and our exclusive commitment to the residential asset class. We do not simply acquire properties; we forge programmatic alliances with best-in-class sponsors, operating as true partners to unlock value through operational expertise, value-add strategies, credit enhancement and rigorous asset management. For more information, please visit https://dimoracapital.com.