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RALEIGH, N.C. — Bell Partners, a joint venture between Bell Fund III and TRECAP Partners, purchase 284-unit Autumn River Apartments, located at 1302 Rio Valley Dr. in Raleigh. The complex offers 317,352 square feet of rental space in 13 three-story buildings and is currently 94 percent occupied. The addition of this property brings Bell Parts multifamily portfolio to more than 60,000 apartment homes. The apartment complex is being renamed Bell Falls River. Blake Oakland, Dean Smith, Sean Wood and John Heimburger of ARA's Charlotte office represented the seller, FortCap Partners. Bell Partners was not represented.