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Carroll and PGIM Real Estate Executes Sale of Twelve Multifamily Communities Totaling More Than 3,500-Units Across Multiple States

ATLANTA, GA - CARROLL, in partnership with PGIM Real Estate, the $209.3 billion real estate investment and financing business of Prudential Financial, announced the sale of 12 multifamily communities representing 3,564 total units across Florida, North Carolina, and Tennessee for a sale price of $885.5 million. The 12 communities were part of a 2017 acquisition of a 28-community portfolio purchased as the first joint venture transaction between PGIM Real Estate s U.S. core-plus equity strategy.

CARROLL and PGIM Real Estate Execute Portfolio Sale of More

CARROLL and PGIM Real Estate Execute Portfolio Sale of More Than 3,500 Units

CARROLL and PGIM Real Estate Execute Portfolio Sale of More Than 3,500 Units
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