433-Unit Community in Winston-Salem Sold to Colorado Company

The Triad Business Journal reported that Interurban Companies of Centennial, CO has purchased The View at 5010, a 433-unit apartment community located off of University Parkway south of Shattalon Drive. Interurban bought the community from Elite Street Capital (Houston, TX) for $26.3 million, and Elite Street paid $19.49 million for the community, then known as Ambercrest, in December 2016.

Synco Properties will manage The View at 5010, and assistant property manager Mark Longwill told the Business Journal that the new owners will continue with renovations that Elite Street Capital had started.