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King Properties Completes Deal for New Durham Apartment Complex

Kelby Farms Trades for Nearly $85 Million
The majority of Kelby Farms has been completed with the two remaining buildings scheduled to wrap up in October. (CoStar)
The majority of Kelby Farms has been completed with the two remaining buildings scheduled to wrap up in October. (CoStar)
By Grace Rapoport
September 21, 2023 | 5:38 P.M.

King Properties has acquired Kelby Farms in one of the largest multifamily deals in the Raleigh-Durham area this year.

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