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University Communities pays $38m for apartments near university
Transactions - SEPTEMBER 20, 2019

University Communities pays $38m for apartments near university

by Andrea Zander

University Communities has paid $38.8 million for a pair of apartment buildings near N.C. State’s North Campus in Raleigh, reported Triangle Business Journal.

The seller was Next Chapter Properties.

The Logan Court property features 81 units in three stories and 113 Chamberlain 81 consists of 42 units in three stories.

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