Long Island Business News: ‘LI developer sells two SC properties for $45.4M’

By David Winzelberg

May 14, 2021

Click here to read more : https://libn.com/2021/05/14/li-developer-sells-two-sc-properties-for-45-4m/

“The Kalikow Group has sold two multifamily complexes in South Carolina for $45.4 million.

The Westbury-based company sold Wescott Apartments, a 182-unit rental complex on 28.3 acres in North Charleston for $32.2 million. Kalikow developed the property in 2018 with equity partners KEP Wescott, LLP, BCP Wescott, LLC, Pipe Dream Investments, LLC, and development partner EYC Wescott, LLC.”

“Kalikow also sold Fenwick Apartments, an 80-unit multifamily property on John’s Island, for $13.2 million. Kalikow acquired the property in 2018 and had since renovated many of Fenwick’s rental units.” – David Winzelberg, Long Island Business News