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Signet Real Estate Sells NC Student Housing Community

December 06, 2018 / Lee Rosario

Signet Real Estate Group has sold Deacon Place, a student housing community in Winston-Salem, N.C. The property serves those attending Wake Forest University. FourPoint Student Housing Investments represented the seller in the transaction.  Located at 2410 Whicker Acres Lane, the property offers 82 four-bedroom units ranging from 1,542 to 1,886 square feet. According to Yardi Matrix, the asset features 10 two- and three-story buildings, situated across 12.8 acres. As of October, the community was at a 97.6 percent occupancy.