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Investor Enters Hot Southeast Multifamily Market With $50 Million Apartment Acquisition

The Property Sits Near a New Office Tower and a $300 Million Mall Redevelopment
Crabtree Lakeside, a 221-unit apartment property in Raleigh, North Carolina, recently traded hands. The property was developed in 2019. (CoStar)
Crabtree Lakeside, a 221-unit apartment property in Raleigh, North Carolina, recently traded hands. The property was developed in 2019. (CoStar)
CoStar News
October 1, 2020 | 8:39 P.M.

A mixed-use real estate developer based in Charlottesville, Virginia, just made its first entry into the hot Raleigh, North Carolina, multifamily market.

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News | Investor Enters Hot Southeast Multifamily Market With $50 Million Apartment Acquisition