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Affinity at Hudson (Formerly Forestview Crest Townhomes)
Build-to-Rent |
Gastonia, NC
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Opportunistic acquisition of a newly constructed build-to-rent townhome community upon completion, located in suburban Charlotte.
Deal Highlights
- Substantially below-market acquisition basis relative to comps
- Charlotte ULI’s #10 Market for Real Estate Prospects 2023
- Opportunistic timing of acquisition seeks to mitigate typical development risks
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