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Wrightwell acquires 40-unit townhome community BTR in Raleigh-Durham
Transactions - JULY 3, 2025

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Wrightwell acquires 40-unit townhome community BTR in Raleigh-Durham

by RELEASED

Wrightwell, a vertically integrated real estate platform offering comprehensive operational and investment services to captive capital partners and third-party clients, has expanded into the Raleigh, N.C., market with the acquisition and management takeover of Parkside Townhomes, a newly constructed, amenitized 40-unit class A build to rent (BTR) community in Cary, N.C. The transaction closed on May 29, with Wrightwell assuming full operational control and property management responsibilities at closing.

This strategic acquisition marks Wrightwell’s official entry into the Raleigh-Durham region and the expansion of its third-party property management services for BTR, multi-family (MF) and single-family rentals (SFR) across North Carolina.

Located at 2012 Alston Ave. in Cary, Parkside Townhomes features 40 energy-efficient, two-story townhomes delivered in 2023. Each unit offers private garages, modern interiors and access to greenway trails. The property is near emp

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