Griffin Capital Company has raised more than $45 million in equity, fully subscribing its 1031 exchange Delaware statutory trust (DST) offering for an apartment community in South Carolina. The Isley at Windsor Hill, acquired in July 2024, is a 332-unit multifamily property in North Charleston, S.C.
Griffin Capital aims to invest in well-located assets in high-growth markets to deliver long-term value for investors, according to Paul De Martini, CIO of Griffin Capital.
This property is near retail, grocery and entertainment options, as well as major employers, making it a strategic location for commuters and families. As a well-positioned asset, it has strong economic and demographic fundamentals.
