Sale and financing secured for Raleigh multifamily asset
United States, April 18 -- JLL Capital Markets announced that it has arranged the sale and acquisition financing for the Greens at Centennial, a 292-unit multifamily community in Raleigh, North Carolina.JLL sourced the buyer and co-brokered the sale in conjunction with Capital Associates who represented the seller, an affiliate of Capital Associates. The buyer, an affiliate of a fund managed by Arboretum Partners, was also represented by JLL in securing financing through the Canadian Imperial Bank of Commerce.Greens at Centennial, located at 320 The Greens Cir. on Raleigh's Centennial Campus, offers a unique living experience within NC State University's research and innovation hub. The property benefits from its strategic location, just fi...
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