MOUNT PLEASANT, SC-Orlando-based CNL Macquarie Global Growth Trust Inc. is planning to construct a Class A multifamily community consisting of 258 units in Mount Pleasant, South Carolina, through a partnership with Ashburn, Virginia-based Woodfield Investments. The new multifamily community will come up on 32 acres of land.
The joint venture purchased the site for an amount of $3.4 million. CNL Macquarie will render capital and administration service, while Woodfield Investments will handle construction as well as development.For the full story, go to Orlando Business Journal.
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