REBusinessOnline

Hudson Capital Properties Acquires Apartment Community in Raleigh-Durham Area for $55M

Cornerstone, a 302-unit apartment community in Cary, N.C., is set to undergo a full renovation.

CARY, N.C. — Hudson Capital Properties has acquired Cornerstone, a 302-unit apartment community in Cary, for $55 million. Hudson Capital plans to renovate all 302 studio- and townhome-style units and improve the property’s amenity offerings. Cornerstone is located about 17 miles west of Raleigh and about 16 miles south of Durham. The seller was undisclosed.

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