Miami Twp. company sells Raleigh property for $36M
The Miami Twp. real estate investment firm bought the property in 2010 for $17 million and sold it to AP Ocean Acquisitions LLC for $36 million earlier this month.
“We’ve been forecasting a shift in the market for quite some time,” managing partner Larry Connor said in a statement. “Although we think it’s imminent, there are still great opportunities to sell. That was the case with Brookwood Valley.
The Connor Group says it has more than $2.2 billion in assets, including luxury apartments in Ohio but also metro areas across the U.S. like Austin, Nashville, Atlanta, and Chicago.