Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company active in 15 states with more than $4.2 billion in assets under management, has added to its South Carolina multifamily portfolio with the acquisition of Elevate at Brighton Park, a property with 329 apartment homes located at 115 Great Lawn Drive in Summerville, S.C. American Landmark was represented by Newmark in the sale of this property, within the Nexton master-planned community.
“Elevate at Brighton Park boasts a superior location and premier visibility with multiple entry points within the Nexton community, and this investment presents a strong opportunity to drive performance through select value-add enhancements and further add to the economies of scale created by our company’s broader presence across the Charleston submarket,” said Matthew Joiner, senior managing director, multifamily acquisitions at CRC. “Our deep market expertise and proven ability to exec