Apartment complex sells in Carolinas

Summit dumps property

Don't miss the real estate event of the summer
Join 4,000 real estate pros at Connect SF, Aug 7‑11, 2017

Summit Properties sold an apartment community in Raleigh, N.C. The value of the transaction was $22.5 million. The community, built in 1990, was formerly known as Summit Square. The size of the property was not disclosed. Summit Properties Inc. is a real estate investment trust that focuses on the operation, development, and acquisition of luxury apartment communities. *** What's your opinion? Send your Letter to the Editor to newsroom@inman.com....