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FOSCOE — A 10-acre wetland for birding is now open to the public in Foscoe, thanks to a partnership between High Country Audubon Society and B…

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FOSCOE — A 10-acre wetland for birding is now open to the public in Foscoe, thanks to a partnership between High Country Audubon Society and B…

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RALEIGH, N.C., Oct. 25, 2021 /PRNewswire/ -- Blue Heron Asset Management is pleased to announce, on behalf of its third fund, Blue Heron Real Estate Opportunity Fund III, that it has closed on the sale of the Indigo Apartments. Blue Heron was represented by NorthMarq in this transaction. The 489-unit, 2005-built multifamily community is in the Brier Creek/Research Triangle Park submarket between Raleigh and Durham, NC. Blue Heron acquired Indigo in December 2018 in an off-market transaction, and, shortly after taking ownership of the property, commenced a community enhancement plan that included the renovation of apartment interiors and an expansion and upgrading of the common area amenity spaces. Thoughtful property management and property-wide enhancements led to strong resident satisfaction and retention throughout Blue Heron's ownership.