Lofts at Midtown

• Lofts at Midtown, a 184 unit multifamily community located in Raleigh, North Carolina, was purchased in August 2018 in partnership with a leading Reston, Virginia based owner/operator of multifamily communities
• Built in 1975, this property principally required modernizing interior unit upgrades, adding common area amenities and targeted exterior renovations
• The property was sold in September 2021, after three years and one month of ownership