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Yet Another Investor Snags Charlotte Multifamily Property

North Carolina City Keeps Attention as Rental Rates Fall Amid Coronavirus Pandemic
The Brookridge Apartments in Charlotte, North Carolina. (CoStar)
The Brookridge Apartments in Charlotte, North Carolina. (CoStar)

Saratoga Capital Partners, an investment firm based in New York City, snagged a multifamily portfolio in Charlotte, North Carolina. It's the latest sign that the city, despite declining rents amid the coronavirus pandemic, has no trouble continuing to attract out-of-state apartment investors.

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