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Hillsborough apartments to see extensive upgrades following $30M sale

Kayli Thompson
·2 min read
Hillsborough apartments to see extensive upgrades following $30M sale

An apartment complex in Orange County has changed hands for more than $30 million. Lory of Hillsborough, a 166-unit apartment complex near Hillsborough Spa and Day Retreat and south of Interstate 85, was acquired in November for $30.825 million by Railfield Partners of Bethesda, Maryland, according to property records. Railfield co-founder and CIO Jon Siegel said the company will upgrade common areas and some of the community amenities within the first year of ownership.

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