Sold: High-End Apartments in Downtown Raleigh Net Nearly $49 Million
Beth Voltz represented Banner Apartments in the sale of the The Metropolitan apartments in the Glenwood South district of Raleigh. The Metropolitan sold for $65 Million. Beth also represented Banner in the acquisition of the property, and the initial construction loan for the property. Beth also worked with Banner on the insurance issues and bridge loan to rebuild The Metropolitan after it caught fire during initial construction.
Sold: High-end apartments in downtown Raleigh net nearly $49 million – Triangle Business Journal