In one of the largest multifamily sales to close in North Carolina's capital so far this year, an investment fund sponsored by San Diego-based Fairfield Residential purchased the Park Central Apartments, a 286-unit apartment building, for $132.5 million, or about $463,300 per unit.
Fairfield investment fund buys apartment building in popular area of NC capital
Two largest multifamily transactions in Raleigh this year have both involved properties in mixed-use districts
CoStar Analytics
October 7, 2025 | 4:06 P.M.
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IN THIS ARTICLE
- Properties
- Midtown Plaza
305 Church At North Hills St, Raleigh, NC
- Park Central
200 Park At North Hills St, Raleigh, NC
- Captrust Tower
4208 Six Forks Rd, Raleigh, NC
- Companies
- Fairfield Residential
Real Estate
- KBS
Real Estate