Auburn Apartments
The South Terrace at Auburn
Durham, North Carolina
Auburn Apartments Associates
Joint Venture
Year: 2001
Partners
Edward Kalikow and
Ellis Coleman (EYC Development)
Bank
GMACC Mortgage Bank - $23,750,000
Property Information
328 Unit 30 Building Class A Apartments on 25.6 ± acres
in Durham, North Carolina. Project Completion Date Fall 2003.
Equity Raised
$3,250,000
News Updates:
- The South Terrace at Auburn of K & S Auburn Associates was sold in May 2007 to National Commercial Ventures LLC, a California-based real estate company for $30,475,000.
- HFF refinances The South Terrace at Auburn (May 4, 2005)
- Triangle adding jobs at fast clip
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