Capstone Arranges $24.3M Sale of Apartment

Posted by Rebusiness Online on 26 Jun 2020

CHARLOTTE, N.C. — Capstone Apartment Partners has arranged the $24.3 million sale of Arcadian Village, a 348-unit apartment community in Charlotte. Lerner & Co. Real Estate sold the property to an investment group with offices in New York and Miami. Brian Ford, Alex McDermott, Ron Corrao and Austin Green of Capstone brokered the transaction. The new owner plans to improve the community with added amenities and interior renovations. Constructed in 1970, Arcadian Village features two laundry facilities, a playground and an onsite leasing office.


To view the original post, click here


Telephone: 347-619-2595


    Los Angeles Office 269 South Beverly Drive Suite 1352
    Beverly Hills, CA 90212

    New York Office 157 Columbus Avenue, Suite 517
    New York, NY 10023