Laramar Group Acquires 694-Unit Waterford Lakes Apartments in Charlotte, NC.
Property is 13th Fund Acquisition CHICAGO and CHARLOTTE, N.C., Feb. 20 /PRNewswire/ -- The Laramar
Group, a fully- integrated real estate investment and management company,
today announced the acquisition of the Waterford Lakes Apartments , a
694- unit lakeside property in Charlotte, North Carolina, located at 8000
Waterford Lakes Drive .
Waterford Lakes is the thirteenth property acquisition for Laramar
Group's Multifamily Value Fund, which launched in December 2006.
" Waterford Lakes offers residents an ideal living situation :
picturesque, resort- style residences located within walking distance of
rapid transit, near local employment centers , shopping and major
metropolitan areas," said Jeff Elowe, president of Laramar Group.
"With its lush surroundings and terrific locale, Waterford Lakes is
a great addition to Laramar's portfolio, and an excellent way to
round out the first year of the Multi-Famil...