Pinehurst apartment complex

Multifamily | Pinehurst, NC

Investment highlights

  • The apartment complex, built between 2021–2022, features 288 units across 12 buildings in Pinehurst, NC.
  • Community amenities at the property include a clubhouse, fitness center, pool, two dog park wash areas, fire pits, BBQ areas, a business center, an Amazon parcel hub, coffee bar, two elevators and bicycle storage stations.
  • The property is located only three miles from the historic Pinehurst Golf Resort, which has hosted multiple United States Open Championships in golf. The golf resort features nine golf courses, three hotels, as well as many villas, condos, restaurants, and other leisure facilities.

Investment details1

Total loan size
Portfolio weight
A 2021/2022 vintage, class A multifamily property situated in North Carolina

  • As of September 30, 2023. Portfolio weight is based on the amortized cost of the funded portion of the loan.

  • Class A buildings represent the highest-quality buildings in their market and area. They are generally properties built within the last 15 years with top amenities, high‑income tenants and low vacancy rates. Class A buildings are well-located in their market and are typically professionally managed.

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