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Magnolia Capital Secures First Investment in Raleigh

Chicago Firm Enters Market with Acquisition of 452-Unit Apartments of Stonehenge
By Bryce Meyers
CoStar News
January 18, 2017 | 8:07 P.M.

Magnolia Capital, a Chicago-based real estate investment company launched last year by three partners with more than $2.5 billion in multifamily transaction experience, has closed on its first investment in Raleigh, NC with the purchase of the Apartments at Stonehenge from Ram Realty Services.

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