Turnbridge Equities announced the acquisition of Skyhouse Raleigh, a multifamily community in downtown Raleigh, N.C. The transaction closed Aug. 6, 2026.
“Skyhouse Raleigh checks every box we look for: a well-located, differentiated asset in a market we know well, backed by demographics that continue to trend in our favor and a supply pipeline that is effectively zero,” said Jason Davis, managing director at Turnbridge. “The acquisition represents a very compelling basis for recent high-rise construction, even after completion of our planned renovation. The building has great bones, including floor-to-ceiling windows, balconies in every unit, and a 23rd-floor rooftop saltwater pool, sky terrace, fitness center and tenant lounge."
Turnbridge is planning a comprehensive value-add renovation program to update the 2015 building. The renovation will commence in the fall and include upgrades to the building’s common spaces, amenities and units. Nestled in
