Round Hill Capital, a global real estate investment, development and asset management firm, on behalf of the U.S. Residential Income and Growth Fund (USRIG), has acquired Cortland Cary, formerly Trilogy Cary, a multifamily apartment community located in Cary, N.C. A sales price was not disclosed.
Cortland Cary is the latest acquisition in an ongoing program of investment in the United States by Round Hill Capital on behalf of the discretionary USRIG Fund, which targets and delivers access to defensive, garden-style U.S. multifamily investments in the Sunbelt region of the U.S. for European institutional investors. USRIG is targeting to grow a significant multifamily housing portfolio, focused on stable, attractive and defensive income-producing assets in areas that will benefit from long-term appreciation.
This acquisition represents a continuation of Round Hill Capitalâ€
