Turnbridge Equities has commenced site demolition and will soon break ground on Highline Glenwood, a 37-story, 306-unit luxury residential tower in Downtown Raleigh, North Carolina.
In connection with the start of construction, Turnbridge has closed on approximately $147 million of construction financing provided by Axos Bank and managed accounts of the Manulife Investment Management Real Estate Credit Strategies Team. Turnbridge is providing the equity for the project.
When completed, Highline Glenwood will be Raleigh’s tallest residential tower. Its 306 units will include:…