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Turnbridge Equities secures $51m construction loan for single-family BTR community in Raleigh, N.C.
Transactions - FEBRUARY 12, 2025

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Turnbridge Equities secures $51m construction loan for single-family BTR community in Raleigh, N.C.

by Denise Moose

Turnbridge Equities has secured a $51.2 million financing for Mailman Post, a 302-unit single-family build-to-rent (BTR) community in Knightdale, N.C., being developed by Turnbridge Equities.

Mailman Post, located on a 74-acre site just 15 minutes from downtown Raleigh, will offer a mix of two- to five-bedroom units averaging approximately 1,650 square feet across two- and three-story buildings. Each unit will feature its own backyard, garage and front porch. The development includes 21.6 acres of open space, with 4.5 acres dedicated to active recreation areas featuring pickleball and bocce courts, a putting green, playing fields, a dog park and multiple tot lots. Residents will enjoy access to a clubhouse with a fitness center, resident lounge and co-working space, along with a resort-style outdoor pool.

Strategically located at 409 and 438 Mailman Rd. in Knightdale, the project offers connectivity to the Raleigh-Durham metro area. Its proximity to the Interstate 87 a

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