PROPERTY DESCRIPTION

St. Mary’s Square is a 134-unit apartment property located in downtown Raleigh, North Carolina. Northwood acquired the St. Mary’s Square development site in August 2011 and Northwood’s residential affiliate, Northwood Ravin, began construction of the property in December 2011. The property achieved final completion in October 2013 and features studio, one-, and two-bedroom apartments as well as four commercial units with an average size of 726 square feet.

INVESTMENT PERIOD

August 2011 – November 2013