Eastham Capital and Eller Capital Partners Announce Disposition of Multifamily Asset in Winston-Salem, North Carolina

Eastham Capital, a private equity real estate firm dedicated to providing superior, risk-adjusted returns to investors through the transformation of undervalued multifamily real estate, announced the $28.75 million disposition of Northcliffe Forest Apartments, a 288-apartment community, located in Winston-Salem, North Carolina.  The Property was acquired by a joint venture between Eller Capital Partners and Eastham Capital Fund V, LP in May 2019. The buyer was Conserve Holdings, a Brooklyn, New York-based real estate company that focuses on acquiring and managing multifamily properties nationwide.

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