Magma Equities has partnered with Prudent Growth Partners to pay $23.68 million, or $117,203/unit, for the 202-unit Keystone Apartments in Fayetteville, N.C. The venture bought the property, which was constructed in 1974 on just more than 19 acres at 425 Woodstream Trail, from an investor group led by a Toms River, N.J., syndicator that was […]

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