Real Estate Partners Inc., a national real estate investment and management services company, on Thursday announced the sale of a multifamily portfolio including eight properties in North Carolina and Virginia.

Newport Beach, Calif.-based Core Realty Holdings LLC purchased the properties totaling approximately 2,400 units.

The deal was valued at $166 million.

Real Estate Partners had purchased the portfolio in December 2003.

The buyer, Core Realty Holdings, LLC, represented themselves. The seller, Real Estate Partners, Inc., represented REP Fund Apartments LLC.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top