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Atlanta & Southeast  + Southeast  + Apartments  |  June 20, 2019
David Cohen
By: David Cohen

CHP Acquires Winston-Salem Apartment Community for $6M+

Community Housing Partners (CHP) acquired Kensington Village, a 142-unit apartment property in Winston-Salem, NC for a sales price of $6.4 million. Located at 479 Louise Wilson Lane, the community was fully renovated in 2009.

Jennifer D. Stein of JDS Real Estate Services and Jeffrey Clousing of Affordable Housing Investment Brokerage Inc. represented seller, The Finch Group, in the transaction. The Finch Group had owned the property since 2005.

“Community Housing Partners is excited about the opportunity to serve the residents at Kensington Village Apartments and the greater Winston-Salem area,” said Kirsten Anderson, vice president of asset management at CHP. “We have a growing multifamily rental portfolio across six states in the Southeast and Mid-Atlantic, and Kensington Village will be a welcome addition to our North Carolina presence.”

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.
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