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December 05, 2018  


Raleigh-Area ApartmentsHudson Capital Properties paid $55 million for a garden-style apartment complex in a suburb of Raleigh. The New York investment shop closed Nov. 20 on the $182,000/unit purchase of the 302-unit Cornerstone Apartments, at 100 Terrastone Place in Cary, N.C. Newmark brokered the sale for White Oak Partners of Columbus, Ohio. Hudson plans extensive upgrades to the 1997-vintage property, which consists of 19 three-story...

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