CAROLINA HOLDCO ACQUIRES TWO SOUTH CAROLINA MULTIFAMILY COMMUNITIES

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GREENVILLE AND ROCK HILL, S.C. — Charlotte, N.C.-based Carolina Holdco has purchased two apartment communities, Grandeagle and Stones Crossing, in Greenville and Rock Hill, for a total of $10.5 million. Atlanta-based Churchill East sold Grandeagle Apartments in Greenville to Carolina Holdco, for $3.8 million. The multifamily community features 152 garden-style multifamily units.
Carolina Holdco acquired Stones Crossing in Rock Hill, a 160-unit, 14-acre garden-style complex, from Stones Crossing LP, an affiliate of Nashville, Tenn.-based Carter-Haston Real Estate, for $6.7 million. Jordan McCarley of Southeast Apartment Partners’ Charlotte office was the sole broker in both transactions.

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