[New post] Magnolia Capital Pays $124.25Mln for Morrisville, N.C., Apartments

Dan Moynihan posted: "Triad Business Journal Magnolia Capital has paid $124.25 million, or about $325,262/unit, for the Preston View Apartments, a 382-unit property in Morrisville, N.C., about 12 miles west of Raleigh, N.C. The Chicago company bought the three-story complex" Commercial Real Estate Direct Magnolia Capital Pays $124.25Mln for Morrisville, N.C., Apartments Dan Moynihan Jul 1 Triad Business Journal Magnolia Capital has paid $124.25 million, or about $325,262/unit, for the Preston View Apartments, a 382-unit property in Morrisville, N.C., about 12 miles west of Raleigh, N.C. The Chicago company bought the three-story complex from a venture of The Dermot Co. and BentallGreenOak, both of New York, which had purchased it in early […] Read more of this post Unsubscribe to no longer receive posts from Commercial Real Estate Direct. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://crenews.com/2022/07/01/magnolia-capital-pays-124-25mln-for-morrisville-n-c-apartments/ Powered by WordPress.com