MHA Brokers Sales of Five South Carolina Apartment Communities for a Total of $52.6M

CHARLOTTE, N.C. — Multi Housing Advisors (MHA) has brokered five separate sales of apartment communities in South Carolina totaling $52.6 million. Marc Robinson, Jordan McCarley and Watson Bryant of MHA’s Charlotte office represented the sellers in the transactions. The transactions include:
• Greystone & Co. sold the 152-unit The Reserve at Cavalier and the 130-unit Hampton Forest, both located in Greenville, to two separate funds controlled by Monument Capital Management.
• Applegate & Co. sold the 312-unit Polo Village, located in Columbia, to an affiliate of EBSCO Income Properties LLC.
• LNR Partners sold the 176-unit Pocalla Springs, located in Sumter, to an undisclosed buyer.
• Southwood Realty sold the 132-unit Heather Heights, located in Rock Hill, to Varden Capital Properties.