This information was originally released in the E-News email distributed on 3/5/2019.
Lenox at Patterson Place, a 292-unit property in Durham, was purchased by Chartwell Management from The Connor Group for $42 million.
Pointe at Crabtree, a 336-unit property in Raleigh, was purchased by Dermot Company from Teachers Insurance and Annuity Association of America for $46.1 million.
Stonesthrow Apartments, a 144-unit property in Durham, was purchased by Magma Equities LLC from Stonesthrow Apartments LLC for $15.4 million.
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