/

|

Ascent Housing has acquired Woodford Estates, a 228-unit multifamily community in Charlotte, N.C., for $30.2 million, or $141,228 per unit, according to Yardi Matrix information. To aid the acquisition, Newmark—together with the city of Charlotte and Mecklenburg County—issued three separate permanent loans totaling $18 million, $5.4 million and $2.5 million. The first is scheduled to mature in 2042, while the latter two will mature in 2046.