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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.

Charlotte
North-carolina
United-states
Clear-run
Tennessee
Northlake
Mallard-creek
Florida
Lake-pointe
Williamsburg
Clearwater
Harris-pond

CARROLL and PGIM Real Estate Execute Portfolio Sale of More

This Disposition Represents the Majority of the Remaining Assets from a 28-Community Acquisition in 2017.

Clearwater
Florida
United-states
Charlotte
North-carolina
Clear-run
Tennessee
Northlake
Mallard-creek
Lake-pointe
Williamsburg
Harris-pond

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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Dallas
Texas
United-states
Tampa
Florida
North-carolina
Fort-worth
United-kingdom
Raleigh
Mallard-creek
Williamsburg
Tennessee
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