West End Station
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West End Station

Winston-Salem, NC

One of the largest institutional private equity investment firms

Due Diligence and Development Oversight

Our Role

RPL provided due diligence and development oversight services on behalf of an institutional equity partner.

Unique Approach

  • Urban redevelopment.
  • Adjusted grade and foundations to deal with challenging site topography.

Outcomes

  • Work completed with high quality.
  • Leased up quickly and sold property to buyer.

Scope of Work

Development of a 229-unit multi-family project in Winston-Salem, NC with a 3-story podium garage and 4 full levels of wood-framed apartments resting above. Two elevated courtyards located over the parking garage with large pool and amenity plaza.

Project Summary

  • Client: One of the largest institutional private equity investment firms
  • Location: Winston-Salem, NC
  • Size: 229 units, 4 floors, 188,700 SF
  • Timeline: 2017 to 2019
  • Services: Due Diligence and Development Oversight
  • Cost: $40 million