Clarion Partners, LLC & Blackfin Real Estate Investors Acquire Multifamily Properties In North Carolina, Tennessee & Florida For $885.5M

The Southeastern Multifamily Properties, located in North Carolina, Tennessee, and Florida, was recently sold in a closed transaction. The multifamily property was sold for a total price of $885,500,000.

Summary of transaction details

• Property Type: Multifamily
• Transaction Amount: $885,500,000
• Buyer: Clarion Partners, LLC & Blackfin Real Estate Investors, LLC
• Seller: Carroll & PGIM Real Estate
• Broker: Eastdil Secured

Clarion Partners, LLC and Blackfin Real Estate Investors, LLC acted as the buyers in this transaction, while Carroll and PGIM Real Estate were the sellers. The deal was facilitated by the brokerage firm, Eastdil Secured.