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Magma Equities Closes Out 2020 With North Carolina Apartment Buy

Investor Plans Upgrade for Aging Property Outside Raleigh
Expanco sold the apartment property at 409 Galveston Court in Cary, North Carolina. (CoStar)
Expanco sold the apartment property at 409 Galveston Court in Cary, North Carolina. (CoStar)
CoStar News
December 31, 2020 | 9:34 P.M.

Investment firm Magma Equities acquired an apartment complex in North Carolina’s Triangle region, capping off a string of acquisitions of multifamily properties in need of improvement throughout the state.

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