A New York apartment investor has entered North Carolina and tapped into a multifamily market in the state that has strong rent growth and limited new construction.
Investor Makes Foray Into North Carolina With Apartment Deal in University Town
New York Firm Ashcroft Capital Buys Complex in Area With Strong Rent Growth, Little Construction
CoStar News
January 11, 2023 | 11:10 P.M.
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IN THIS ARTICLE
- Properties
- The Apartments at Midtown 501
545 Ashley Ct, Chapel Hill, NC
- Companies
- Ashcroft Capital, LLC
Real Estate
- DRA Advisors
Finance and Insurance
- Contacts
- John Munroe
Senior Managing Director, Newmark
- Scott Lebenhart
Chief Investment Officer, Ashcroft Capital, LLC