A developer has acquired a stake in an apartment complex and an adjacent parcel in Raleigh, North Carolina, where it plans to build an additional multifamily development. The deal speaks to the insatiable demand for apartments in Raleigh, which is attracting every kind of resident: young tech workers, retirees seeking milder climates and everyone in between.
Developer Buys Apartment Stake and Adjacent Land in Raleigh
Construction to Start on The Residences
CoStar News
January 23, 2020 | 11:36 P.M.
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IN THIS ARTICLE
- Properties
- Sojourn Glenwood Place Apartments
3710 Exchange Glenwood Pl, Raleigh, NC
- Camden Carolinian
2600 Glenwood Ave, Raleigh, NC
- Companies
- Grubb Ventures Services, LLC
Real Estate
- Ascentris, LLC
Real Estate