Cortland, Pamera purchase and rebrand 417-Unit Peace Apartments in Downtown Raleigh for $152M ($364k/unit) from Kane Realty

  • 3/26/2025

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Cortland and Pamera North America have purchased Peace Apartments, a 417-unit multifamily community located at 417 W. Peace St. in downtown Raleigh. The new ownership is rebranding the 12-story high-rise as Cortland Glenwood South.

PAMERA North America
Cord Ernst | Managing Director, North America
Cortland
Michael Kolshak | EVP, Investments, Co-Portfolio Manager, Value Add Fund
Kane Realty Corp.
Greg Kuruc | Senior Director, Development

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