The buyer assumed a Fannie Mae loan on the property.
Walde Enterprises has purchased Collins Crossing, a 268-unit multifamily community in Carrboro, N.C., according to Yardi Matrix information. Laramar Group sold the asset for $31.5 million.
The buyer assumed an approximately $29 million, 10-year term Fannie Mae loan originated by Berkadia Commercial Mortgage in 2019. Cushman & Wakefield represented the seller.
Collins Crossing had previously traded in 2019, when Laramar Group acquired the property from Aspen Square Management in a $38.5 million deal…