This urban asset was acquired in 2017 and is in the Glenwood South neighborhood of Downtown Raleigh. In addition to the many restaurants and night life that the Glenwood South neighborhood offers, this luxury community provides a strong amenity package that includes a pool and hot tub, two-level fitness center, community room, two residential lobbies, secure bicycle storage, private onsite parking garage, and courtyard space with outdoor televisions, fountains, grilling areas and fire pit. This mid-rise asset was originally built as condos, so the property offers a wide variety of spacious studio, one and two-bedroom floorplans. In addition to high-end finishes, the apartment homes include some unique features such as two-story loft apartments, private outdoor roof decks and private entrance townhouse-style apartment homes. In 2024, Nordblom sold this asset.
Pelham Hall Apartments
This pre-war landmark property, originally developed in the 1920s, is located on Beacon Street in Brookline’s trendy Coolidge Corner. The historic nature of the property has been preserved in a multi-million-dollar renovation of its units, common areas and exterior. The eight-story building provides a range from studios to three-bedroom homes, with a variety of amenity offerings including a fitness center and a locally renowned restaurant. Pelham Hall has historic charm with the ultimate convenience of an ideal location. This asset was sold in 2021.
Cambridge Apartments
Located at the heart of the vibrant North Hill mixed-use sub-market, this property was identified as a core-plus investment benefiting from unique home features and a superior market location. This multi-family investment has been re-positioned with a redesigned clubhouse and fitness complex, with swimming pool and volleyball court. This asset is unique in the market and continues to enjoy superior occupancy levels.
Linea Cambridge
Nestled in the heart of Cambridge along the Minuteman Linear Park, Linea Cambridge offers one, two, and three bedroom units along with private-entrance townhouses. Conveniently located near Davis, Porter, Harvard Square, and Alewife, Linea Cambridge offers residents private access to the Linear Park, green courtyard and patio with grills and outdoor seating, state-of-the-art fitness center, private business meeting space, community room with kitchen, pet friendly residences with washing station and dog run area, bike storage room with repair station, and electric car charging stations. Apartment amenities include en suite full-size washer/dryer, high tech video intercom systems, premier kitchens with stainless steel appliances and granite countertops, and private decks, patios, or juliet balconies in select units.