Colliers International Brokers $32.5 Million Sale of 332-Unit Multifamily Portfolio in Charlotte, NC
Charlotte, NC, September 6, 2017 – The Colliers International East Region Multifamily Advisory Group represented the buyer, Cedar Grove Capital, in the $32.5 million purchase of a 332-unit portfolio located in Charlotte and Concord, NC. Doital USA, Inc. was the seller.
The team from Colliers International East Region Multifamily Advisory Group consisted of Brooks Colquitt and Max Kemether who are the Carolina’s market specialists as well as Will Mathews who leads the Platform as a whole.
“This transaction presents an inimitable opportunity for a buyer to gain economies of scale with one single transaction in a market that presents a robust growth story.” said Colquitt, Associate and market leader of the Carolina’s for the Colliers East Region Multifamily Advisory Group.