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0.000439045807112559 0.00102444021659604 -0.000439045807112559 7.31743011855651E-05 -0.00234157763793351 -0.00278062344504607 -0.00146348602370839 -0.00146348602370839
Stock impact report

Why Madison Communities tripled down on Asheville [Yahoo! Finance]

CoStar Group, Inc. (CSGP) 
Last costar group, inc. earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: costargroup.com/investors/stock-info
Company Research Source: Yahoo! Finance
Property: Madison Long Shoals Buyer: Madison Communities Seller: Withheld Year completed: Units: Location: Arden, North Carolina Price: Withheld Right now, landlords in Asheville, North Carolina, like many others in the Southeast, are dealing with abundant apartment supply. But that doesn't mean long-term investors don't see long-term upside in the market. For instance, Madison Communities already has two properties in the area and sees strong demand drivers. “We own deals in the market,” Collin Ross, senior vice president of portfolio management at the company, told Multifamily Dive. “The market reports tell us what's happening, but we own live data in real-time.” That gave the Charlotte, North Carolina-based multifamily development and investment company the confidence to acquire Venture at Long Shoals, an 86-unit class A property in Arden, North Carolina. It closed on the deal in late November and announced it last week. “We feel like we're buying a Show less Read more
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