Real Estate

Hudson Capital Sells Raleigh-area Community For $58M

by multihousingnews.com posted 7months ago 30 views
The 288-unit Class A community in Cary last sold for nearly $47 million in 2017.: PassiveInvesting.com has acquired Hudson Cary Weston, a 288-unit Class A multifamily asset in Cary, N.C. Hudson Capital Properties sold the community for $57.6 million. Berkeley Point Capital provided a 10-year, $42.9 million acquisition loan through Freddie Mac, according to public records. Newmark Knight Frank acted on behalf of the seller. The property last traded in 2017, when Duck Pond Realty sold it for $46.8 million, Yardi Matrix shows.

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