Real Estate

Banner Real Estate Group Sells Raleigh Luxury Apartments

by multihousingnews.com posted 11months ago 93 views
JLL Capital Markets represented the seller in its disposition of the 224-unit Lincoln. : Six years after beginning construction on The Lincoln, a 224-unit luxury housing community in Raleigh, N.C., Banner Real Estate Group has sold the mid-rise apartment property to an undisclosed high-net worth private investor. The price paid for the 2-acre asset in the historic Moore Square District was not disclosed. JLL Capital Markets represented Banner Real Estate Group, a Northbrook, Ill.-based group of real estate companies that develops, acquires and manages multifamily, senior housing and self-storage properties across the nation.

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