RockBridge Investment Group Acquires Concord Multifamily For $6.175M From Seller Northway Multifamily

The property asset involved in this transaction is located at 1921 Pine Bough Lane, Concord, NC. It is categorized as a multifamily asset with a total of 44 units and a square footage of 40,000. The transaction was concluded at a price of $6,175,000, resulting in a price per unit of $140,340 and a price per square foot of $154.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $6,175,000
• Units: 44
• Square Footage: 40,000
• Price per Unit: $140,340
• Price per Square Foot: $154
• Buyer: RockBridge Investment Group
• Seller: Northway Multifamily
• Seller's Representatives: Cyrus Mojdehi & Danny Hirschberg
• Broker: Thomas Colaiezzi - Berkadia
• Transaction Date: 07/15/2026

This deal involved key individuals including Thomas Colaiezzi representing Berkadia, who acted as the broker, while Cyrus Mojdehi and Danny Hirschberg represented Northway Multifamily in the sale. The transaction aligns the interests of RockBridge Investment Group as the buyer with the strategic objectives of the seller.