NJ Group Purchases Lake Brandt Apartments

Lake Brandt Apartments was recently purchased by The Solomon Organization of New Jersey:

The Solomon Organization of Summit, N.J., has purchased a 14-building apartment community in northwest Greensboro for $20 million.

The 284-unit Lake Brandt Apartment Homes community becomes the group’s third North Carolina complex, according to its website.

Zach Solomon, managing director of The Solomon Organization, said his group will continue to look at properties around North Carolina.

“We find the Triad and the Triangle to be very desirable places to own real estate,” Solomon said. “We’re happy to be there, and we’re going to be there for a long period of time.”