Crescent Dilworth Sold for $74.9 Million
Troutman Sanders was mentioned in a June 20 Charlotte Business Journal article about Charlotte developer Crescent Communities completing its sale of nine multifamily communities across the Southeast, including properties in Orlando, Atlanta, Tampa, Raleigh and Durham for an aggregate price of approximately $700 million.
Charlotte partner Walter Fisher counseled Crescent on the portfolio sale, which began about two years ago.
Per the article, the firm negotiated the listing brokerage agreement with CBRE Inc. and separate purchase and sale agreements with Berkshire Property Advisors LLC and affiliates of UBS Realty Investors LLC.