Triad Arranges $13.8 Million Sale of 216-Bed Community in North Carolina

by Katie Sloan

Wilmington, N.C. — Triad Real Estate Partners has arranged the $13.8 million sale of The Lofts at Randall, a 216-bed student housing community located near the University of North Carolina, Wilmington campus.

The property offers four-bedroom units with bed-to-bath parity. Shared amenities include a resort-style pool, 24-hour fitness center, TV and media room, tanning bed, pool table and a grilling and picnic pavilion. Triad represented the buyer, Newcastle Realty Services LLC, and the seller, Solstice Partners LLC, in the transaction.

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