Mill Creek Residential Trust Acquires Multifamily Property In Raleigh, NC For $79M

The multifamily property located at 6421 Campus Dr in Raleigh, NC has been sold in a transaction that took place on September 18, 2022. The property was acquired by Mill Creek Residential Trust from the seller, American Landmark, for a total sale price of $79,000,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $79,000,000
• Address: 6421 Campus Dr, Raleigh, NC
• Market: Raleigh, NC

Mill Creek Residential Trust acted as the buyer in this transaction, while American Landmark served as the seller. This sale represents a significant investment in the multifamily market in Raleigh, NC.