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River Towne

APG Capital led an investor group to acquire 307 acres in East Raleigh along Buffaloe Road and Robertson Grove Road, River Towne.


Tract is zoned and planned for a development of up to 981 single-family and townhome lots, which are under contract for acquisition by three prominent national and regional builders. The property also contains a multifamily site for future development, which is expected to yield 300 to 350 apartment units. APG Founder and CEO, Jim Anthony, is the sponsor and manager of the LLC that acquired the property. Landeavor, LLC is APG’s development partner for the project, a leading real estate development company based in Florida that specializes in master-planned residential communities.”
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