July 27, 2022

Magma Equities, in a joint venture with Prudent Growth Partners, recently purchased The Oaks Apartment Homes, a 111-unit garden-style multifamily community in the Charlotte, N.C. metro submarket of Lincolnton, in an off-market transaction, for $17.75 million. “We definitely see a changing dynamic in the multifamily market, which has resulted in a widening disconnect between sellers More