Two Columbia Apartment Complexes Sold


Trinity Group Acquires Multifamily Portfolio for $17.5 Million

April 2, 2008

San Francisco-based Trinity Group has purchased a multifamily portfolio, consisting of two complexes in Columbia, from New York-based TGM Associates, for $17.5 million.

1.) Tamarind at Stoneridge (pictured) is a 220-unit property located at 143 Stoneridge Dr. Amenities include a clubhouse, swimming pool, two tennis courts, fitness center and business center.

2.) The Hollows is a 212-unit property located at 1300 Longcreek Dr. The community features a clubhouse, business center, tennis court and fitness center.

Jim Sewell and Steve Mack of Hilton Head Island, S.C.-based Coastal Apartment Advisors were the sole brokers and exclusively represented the seller in the transaction.

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