Eller Capital and DRA Advisors Completes $100 Million Disposition of Apartment Portfolio Across Multiple Markets in Carolinas
CHAPEL HILL, NC - Eller Capital Partners, a private equity real estate investment firm with specialized experience in multifamily acquisitions, renovation, and asset management, announced today the disposition of the Apartments at Midtown 501, 248-units in Chapel Hill, NC and Alta Surf Apartments, 216-units in Myrtle Beach, SC. The assets were each owned by Eller in partnership with a fund managed by DRA Advisors, a New York-based real estate investment manager. The Apartments at Midtown 501...
Source: multifamilybiz.com