Commercial Observer Conserve Holdings has bought Cove at Pine Ridge, a 210-unit apartment complex in Lyman, S.C., for $32.9 million, or $156,667/unit. The Toms River, N.J., real estate investor purchased the property from its developer, Universal Development & Construction of Johnson City, Tenn. The buyer financed the acquisition with a $23.2 million loan from Arbor […]

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