Tuesday, May 29, 2012

Blue Heron Capital buys raleigh apartment complex

Charlotte-based Blue Heron Capital LLC has acquired Pine Winds Apartments in Raleigh. The real estate investment company paid $13.9 million for the 216-unit multifamily community.

The purchase demonstrates the company's confidence in the Triangle market, said Blue Heron managing partner John Trotter in a statement.

"Raleigh is projected to lead the nation in job growth and we are excited about the opportunity to enter the market with the acquisition of Pine Winds," he said.

Blue Heron owns and operates properties in Mooresville and Columbia, S.C.


Mary Brown said...

we have a tendency to tend to are giving furnished and serviced residences for company housing and extended stay rentals.
charlotte corporate housing

Devendra Bind said...

your blog is to good. I read your all post. I want to submit real estate project information with the help of your blog click hear : Raheja Sampada & Raheja Navodaya.