In an update to its first-quarter performance, URS Capital announced the purchase and sale of two vintage multifamily properties in the Southeast. The deal comes after earnings reports from some of the largest publicly traded U.S. apartment owners showed no acquisition activity in the first quarter as expectations from buyers and sellers remain at a distance.
URS Capital Goes Against the Grain With $23 Million Multifamily Purchase in First Quarter
Deal Comes As Transaction Volume Has Reached Near-Record-Low Levels
By Jon Leckie
CoStar News
May 17, 2024 | 8:51 P.M.
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IN THIS ARTICLE
- Properties
- Belmont Heights
199 Belmont Mt Holly Rd, Belmont, NC
- Latitude Richmond Hill
1821 Buckeye Dr, Richmond Hill, GA