URS Capital Partners completed the acquisition of The Palms at Edgewater for $58.5m.

URS Capital Partners, a real estate investment firm, completed the acquisition of The Palms at Edgewater, a 288-unit Class A multifamily community, for $58.5m. "We're proud of the speed and precision our team demonstrated on this deal. In a volatile rate environment, we were able to secure 5-year fixed agency debt at 4.77%—a rare win, with timing on our side. That speaks to the strength of our lending relationships and discipline in underwriting," Chris Urso, URS Capital Partners Managing Partner.