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GREENSBORO, NC-Core Realty Advisors has added to its NorthCarolina holdings with the acquisition of Hidden Lakes, a 483-unitmultifamily community here, for $19.6 million. The deal, whichcarried a 6.31% cap rate, pushes Core Realty's total portfolio inthe state past 2,000 units.

Mark Mimms of Sperry Van Ness in Fresno, CA represented theNewport Beach, CA-based buyer. The seller, a private investor fromBorup, MN, was represented by Jim Scofield of Sperry Van Ness'Raleigh office and Ken Baucom of Pickering & Co., the propertymanager.

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