Case Study
Overview
Our team was engaged as the exclusive sales broker of this luxury 460-unit complex in booming Raleigh, NC.
Location
Raleigh, NC
ABOUT THE PROPERTY
“The surroundings are spectacular, the apartments modern and spacious, the amenities amazing, the location superb. If you’re hunting for a home that meets all of your social and professional needs, you’ve found it.
The finishes in our apartments are sleek and modern while still warm and welcoming. Each of our 460 units is fully equipped, and boast higher-than-average square footage compared to other apartment homes in the Raleigh area.
Our high-tech luxury conveniences are truly unique, featuring remote entry, customized coding for access, remote settings for climate control, customized security features, remote lighting. The best part is it is all controlled by your phone!”
ABOUT THE PROJECT
The asset was sold at stabilization with the final Certificates of Occupancy being awarded during the marketing period. Our process yielded exceptional pricing and allowed an assumption execution which saved the sellers a substantial prepayment penalty.
Foundry Multifamily was engaged to be the exclusive sales broker for the disposition of the Luxury Apartments at Foxwood.