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Friday, 19 July 2019

Charleston, S.C., Apartments Sell for $36.1Mln

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White Eagle Property Group has paid $36.1 million, or $136,742/unit, for the 264-unit Plantation Oaks apartments in Charleston, S.C.

The Monsey, N.Y., investment manager acquired the property from a venture of FCP and High Real Estate Group, which had owned it since 2016. NKF Capital Markets brokered the latest deal.

FCP is a Chevy Chase, Md., investment firm, while...

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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Charleston
  • States: South Carolina
  • Sector: Multifamily
  • Subject: Property Acquisitions (ACQ)
  • Valuation: Between $25 million and $50 million
  • Private: Yes
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Dan Moynihan

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