URS Capital Partners has paid $58.5 million, or $203,125/unit, for the Palms at Edgewater, a 288-unit apartment complex in the Charleston, S.C., suburb of Summerville, S.C. The Huntington, N.Y., investor, which last year had acquired six apartment properties with 736 units in the Carolinas, financed its purchase in part with a five-year loan that pays […]
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