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TPEG FUNDS ACQUISITION OF MULTIFAMILY COMMUNITY IN CHARLOTTE, NC


Trinity Private Equity Group has partnered for the 22nd time with S2 Capital to acquire and renovate Pinetree Apartments, a 220 unit, 1974-vintage multifamily asset located in Charlotte, North Carolina. The investment will include a full renovation and stabilization of the asset, with upgraded unit interiors and common area amenities.


Trinity provided $9.8 million in equity capital for the transaction.