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North Carolina multifamily investment firm teams up with JPMorgan REIT to acquire Charleston portfolio

Ginkgo Residential and JPMREIT purchase a five-property multifamily portfolio totaling 647 units in Berkadia-arranged deal
The 168-unit Brackenbrook Apartments in North Charleston was the largest of the five Charleston-area apartment properties acquired by a joint venture between Ginkgo REIT Inc. and J.P. Morgan Real Estate Income Trust, Inc. (CoStar)
The 168-unit Brackenbrook Apartments in North Charleston was the largest of the five Charleston-area apartment properties acquired by a joint venture between Ginkgo REIT Inc. and J.P. Morgan Real Estate Income Trust, Inc. (CoStar)
By CoStar News Staff
August 26, 2025 | 10:14 P.M.

This article was updated on Aug. 27 to add the portfolio sale price of $86.25 million and the investment sales brokers who arranged the transaction.

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News | North Carolina multifamily investment firm teams up with JPMorgan REIT to acquire Charleston portfolio