Northwestern Mutual Real Estate Disposes of Durham Multifamily
Northwestern Mutual Real Estate has sold Trinity Commons at Erwin, a 342-unit, five-story multifamily property located at 2530 Erwin Road in Durham, NC.
Jeff Glenn, Allan Lynch, Andrea Howard, Caylor Mark, John Currin and Ryan Bergin of Northmarq represented Bellevue, WA-based Northwestern Mutual Real Estate, a commercial real estate mortgage and equity investment company.
“The closing is the culmination of months of teamwork alongside Northwood Ravin, the original developer and long-time manager, in this transfer of ownership,” said Glenn.
Duke University and the Duke Medical Center are within a short walk of Trinity Commons at Erwin. Downtown Durham is three miles away while the major tech and research companies that makeup Research Triangle Park are a 15-minute drive away.
Community amenities include fitness center with yoga studio, resistance pool, hot and cold tubs, dry sauna, saltwater, three private serenity courtyards, outdoor kitchen and bar with pizza oven and secured parking garage.
Lisa McDuffie arrives at ConnectCRE via REALTOR® world, where she served for nearly two decades as communications director for one of the nation’s largest REALTOR® organizations. She supported two membership-elected presidents who were commercial real estate practitioners, and managed the communications initiatives of the organization’s commercial special interest group.
When not following the latest commercial real estate news, Lisa is zeroed in on her charismatic off-the-track thoroughbred as she makes the transition from an utterly failed racehorse to a lovely show hunter.
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