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New Jersey Firm Buys Burlington Apartment Complex for $14.3 Million

Silver Point Picks Up 140-Unit Summerlyn Place
By Robert Ibanez
CoStar Research
April 3, 2019 | 9:03 P.M.

Lakewood, New Jersey-based Silver Point Group LLC purchased a 140-unit apartment complex in Burlington, North Carolina, dubbed Summerlyn Place, for $14.25 million, or about $102,000 per unit.

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IN THIS ARTICLE


  • Properties
  • Contacts
    • Paul Vetter

      Senior Managing Director of Investment Sales, Berkadia Real Estate Advisors

    • Mark Boyce

      Senior Managing Director, Berkadia Real Estate Advisors

    • Blake Coffey

      Senior Director, Berkadia Real Estate Advisors

    • Andrew Mays

      Senior Managing Director, Investment Sales, Berkadia Real Estate Advisors