TerraCap Management Acquires Apartment Complex in North Carolina, USA.

MANews-(C)2009-2022

Florida-based investment firm TerraCap Management LLC has acquired 340-unit apartment complex Amberwood at Lochmere, located in Cary, North Carolina, to enter the Raleigh metro area, the company said.

Terms of the transaction were not disclosed.

Howard Jenkins of CBRE represented the seller in the disposition. First Communities Management was hired as property...

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