Multifamily REIT dumps Charlotte apartments

Relinquishes 16-year-old property
Published on Jun 25, 2004

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by CareyBot

The Town and Country Trust sold Forest Ridge Apartments in Charlotte, N.C. The transaction was valued at $14.5 million. The 330-unit community was built in 1988 and was originally acquired by the company in March 1998. The buyer’s identity was ...