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In Deal Struck Before Pandemic, North Carolina Rentals Sell for $66 Million

Price for 2-Year-Old Property Measures on Low End for New Apartments in Raleigh-Durham Market
The Lodge at Croasdaile Farm apartment complex in Durham, North Carolina, sold for $65.9 million. (CoStar)
The Lodge at Croasdaile Farm apartment complex in Durham, North Carolina, sold for $65.9 million. (CoStar)
By John Doherty
CoStar News
April 23, 2020 | 4:24 P.M.

In a deal under contract for weeks before the economic shutdown caused by the coronavirus pandemic, a 2-year-old apartment complex in Durham, North Carolina, has sold for $65.9 million.

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