CHARLESTON, SC—Middle Street Partners has completed the acquisition of six apartment communities in South Carolina and North Carolina. The combined purchase price for the six properties was approximately $97 Million. The portfolio was acquired in partnership with an undisclosed majority equity investor. Debt financing was arranged by CBRE Realty Finance.
The apartment communities acquired are:
• Gable Hill Apartments in Columbia, SC • Forest Brook Apartments in West Columbia, SC • St. Andrews Commons Apartments in Columbia, SC • Hampton Greene Apartments in Columbia, SC • Chason Ridge Apartments in Fayetteville, NC • Waterford Apartments in Columbia, SC
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David Phillips
David Phillips is a Chicago-based freelance writer and consultant with more than 20 years experience in business and community news. He also has extensive reporting experience in the food manufacturing industry for national trade publications.
