DRUCKER & FALK ARRANGES $19.62M STUDENT HOUSING SALE

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RALEIGH, N.C. — Drucker & Falk has brokered the $19.62 million sale of the 518-unit University Suites, a student housing property serving North Carolina State University in Raleigh. David Hudgins, Alan Meetze and Branham Stovall of Drucker & Falk's Newport News, Va., office represented University Suites at Raleigh, the seller. The buyer was OCG Raleigh.

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