Greens at Centennial

JLL Capital Markets Arranges Sale of 292-Unit Asset in Raleigh, North Carolina

by Channing Hamilton

RALEIGH, N.C. — JLL Capital Markets has arranged the sale of and acquisition financing for the Greens at Centennial, a 292-unit community located at 320 The Greens Circle in Raleigh. Built in 2014, Greens at Centennial offers a mix of studio, one- and two-bedroom units. The average unit size is 941 square feet. Amenities include a pool, fitness center, fenced dog park and landscaped courtyards with grilling areas.

JLL Capital Markets co-brokered the transaction in conjunction with Capital Associates, who represented the seller, an affiliate of Capital Associates. JLL also represented the buyer, an affiliate of a fund managed by Arboretum Partners, in securing financing through the Canadian Imperial Bank of Commerce.

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