Madison Capital Group has closed $34,265,000 in financing for the development of Madison Aquiline, a luxury garden-style multifamily community located within the Research Triangle, which spans Raleigh, Durham and Chapel Hill.
Planned by Madison Capital Group’s affiliate Madison Communities, the project will consist of 218 units,,with high-end amenities such as granite countertops, an integrated clubhouse with a state-of-the-art fitness center and a resort-style pool and pool deck complete with grilling stations and a fire pit. Additional features will include a café island with a wet bar, a cyber lounge, flexible workspaces and a coffee bar, ensuring residents enjoy a full range of luxury and convenience. Centennial Bank is providing the financing.Â
“Madison Aquiline will provide an exceptional living experience by combining luxury, convenience and access to both small-town charm and the dynamic job market of the Raleigh-Durham area,” said Ryan Hanks, CEO of Madison Capital Group.” The growth of the Research Triangle, particularly in Apex, makes this an ideal location for our next multifamily development.”
Warren Johnson and Travis Anderson with JLL represented Madison Capital Group.
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About Madison Communities
Madison Communities is an affiliated company of Madison Capital Group, a vertically integrated real estate development and investment firm focused on building high-quality, suburban, garden-style apartment communities throughout the Southeast. For more information, visit livemadisoncommunities.com.
