MHA Brokers Sales of Two Triad Apartment Communities Totaling $27.1M

Peak Capital purchased the 192-unit Spring Forest at Deerfield in Mebane, N.C., from Cottonwood Residential.

MEBANE AND WINSTON-SALEM, N.C. — Multi Housing Advisors (MHA) has brokered the sales of two apartment communities in North Carolina’s Triad region totaling $27.1 million. The two transactions include Peak Capital buying the 192-unit Spring Forest at Deerfield in Mebane from Cottonwood Residential and an undisclosed buyer purchasing the 294-unit Chesterfield in Winston-Salem from Brown Investments. Marc Robinson, Jordan McCarley and Watson Bryant of MHA’s Charlotte office represented the sellers in both transactions.