Westplan commences construction on 200-unit apartment community in Raleigh

The project will consist of 200 units with an estimated construction completion time of 22 months. The equity for this new deal (more than $20 million) was mainly funded in The Netherlands. According to partner Brad Johnson, “We have built a strong base of Dutch investors over the last 30 years and they remain focused on the long-term rental housing trends in the US Market. We are committed to multifamily housing development and continue to seek opportunities that deliver consistent results for our investors.”

Westplan Investors, based in Atlanta (US) has been active in the multifamily business for more than 30 years. With nearly 20,000 apartment homes completed we continue to focus on quality apartment developments in high-growth markets across the Southeastern United States. Later this year, Westplan will introduce two more multifamily investments in Atlanta, Georgia.