As part of $700 million portfolio sale, Crescent Dilworth sold for $74.9 million

Charlotte developer Crescent Communities has completed its final sale of nine multifamily communities across the Southeast in a multimillion dollar deal. In a transaction that closed June 16, Crescent Dilworth, a recently opened 296-unit community at the intersection of East Morehead Street and Harding Place, was sold to Boston-based Berkshire Group for $74.9 million, according to Mecklenburg County real estate records. All nine Crescent properties — including properties in Orlando; Atlanta;…

from Charlotte Business News - Local Charlotte News | Charlotte Business Journal http://www.bizjournals.com/charlotte/news/2016/06/20/as-part-of-700-million-portfolio-sale-crescent.html?ana=RSS%26s=article_search