Northmarq arranges sale of 291-unit mid-rise multifamily community in Raleigh
RALEIGH, N.C. — Northmarq’s Charlotte and Raleigh Investment Sales teams, led by Andrea Howard, John Currin, Austin Jackson, James Dorsett and Jeff Glenn, brokered the sale of The Crest at Brier Creek, a 291-unit mid-rise apartment community located at 6450 Viewpoint Circle in Raleigh, North Carolina.
Northmarq represented the seller, Millburn Co, in the transaction. The buyer was Sun Runner.
Built in 2013, The Crest at Brier Creek features a mix of one-, two- and three-bedroom apartments with high ceilings, European-style cabinetry, designer finishes and in-unit laundry. Designed for relaxation and connectivity, the community provides residents with amenities such as a fitness center, on-site dog park and an outdoor living area with gas grills.
Conveniently situated at the intersection of U.S. Route 70 and I-50, The Crest at Brier Creek provides residents with nearby access to the Raleigh-Durham International Airport, Brier Creek Commons and a variety of shopping, dining and entertainment options.
Residents also benefit from proximity to highly regarded schools, including Sterling Montessori Academy, Leesville Road Middle School and Leesville Road High School.
Meet our team
Northmarq is one of the largest privately held commercial real estate firms in the United States, combining a nationwide presence with deep local expertise. With more than 50 offices across the country, we provide a full suite of debt, equity, investment sales, loan servicing and fund management solutions for a comprehensive range of property types. Our unique structure allows us to connect clients with the best opportunities, yet be nimble enough to ensure access to every expert across our company. The firm manages a loan servicing portfolio of over $80 billion and has completed $91.3 billion in transactions over the past four years. At Northmarq, collaboration fuels results, helping clients achieve success in every market, nationwide.
