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Towne Properties Enters North Carolina with $20.8 Million Multifamily Investment in Raleigh

Covenant Capital Group Sells 180-Unit Regency Place Apts.
By Steven Kukwa
February 27, 2017 | 6:48 P.M.

Towne Properties, a property management and development company based out of Cincinnati, OH, made its first foray into North Carolina with the acquisition of the 180-unit Regency Place Apts. in Raleigh, NC for $20.75 million, or about $115,278 per unit.

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