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National  + South Carolina  + Apartments  |  February 14, 2020
David Cohen
By: David Cohen

North Charleston Apartment Community Trades for $30M

Cushman & Wakefield has arranged the $29.6-million sale of Greenwood at Ashley River, a 280-unit apartment community in North Charleston, SC.

Jordan McCarley, Marc Robinson and Tai Cohen of Cushman & Wakefield represented the seller, The RADCO Cos., in the transaction. Brick Lane was the buyer. Under RADCO’s ownership, Greenwood at Ashley River received more than $4.3 million in capital upgrades for curb appeal and amenity improvements.

“Greenwood at Ashley River demonstrates once again what RADCO does best,” said Norman Radow, CEO at RADCO. “We identified a struggling property, we modernized and substantially improved it, and then transformed it into a vibrant community. We wish our buyer the same success with the community that we enjoyed.”

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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  1. Pingback: North Charleston Apartment Community Trades for $30M - VRJ Properties
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