{"id":1003844437,"date":"2008-08-29T12:00:00","date_gmt":"2008-08-29T20:00:00","guid":{"rendered":"https:\/\/64.70.41.235\/2008\/08\/29\/nts-takes-raleigh-m-f-in-39m-deal\/"},"modified":"2022-12-06T13:04:48","modified_gmt":"2022-12-06T21:04:48","slug":"nts-takes-raleigh-m-f-in-39m-deal","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/nts-takes-raleigh-m-f-in-39m-deal\/","title":{"rendered":"NTS Takes Raleigh M-F in $39M Deal"},"content":{"rendered":"<p>NTS Realty Holdings L,P, has announced an agreement to purchase Courtney Estates in Raleigh, N.C., from Courtney Estates Holdings L.L.C. for a price of $39 million. NTS will conduct due diligence on the property by Sept. 26 and must close on the purchase by Oct. 26 if satisfied with the results. The firm will fund the purchase with working capital and a mortgage secured by the Country Estates property. Country Estates is a 300 unit multi-family property located within North Carolina\u2019s Research Triangle, affording the property access to a wide variety of universities and businesses. The property has convenient access to Interstates 40 and 540 and is situated close by Research Triangle Park and Brier Creek Commons Shopping Center. The individual units are fully equipped with modern appliances and design, and residents have access to a wide array of community amenities, including a clubhouse and recreational areas. NTS Realty Holdings is a subsidiary of NTS Development, a real estate company operating out of the southeastern United States.  NTS Realty Holding currently owns and operates 22 properties, 12 of which are multi-family. The firm also owns office buildings, business centers, and retail properties. NTS recently made news in June, as CPN reported the firm entered into a partnership with Colonial Realty to purchase a $41 million multi-family property in Memphis, Tenn..<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NTS Realty Holdings L,P, has announced an agreement to purchase Courtney Estates in Raleigh, N.C., from Courtney Estates Holdings L.L.C. for a price of $39 million. NTS will conduct due diligence on the property by Sept. 26 and must close on the purchase by Oct. 26 if satisfied with the results. The firm will fund&hellip;<\/p>\n","protected":false},"author":1314,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21742],"tags":[],"class_list":["post-1003844437","post","type-post","status-publish","format-standard","hentry","category-latest"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>NTS Takes Raleigh M-F in $39M Deal - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/nts-takes-raleigh-m-f-in-39m-deal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NTS Takes Raleigh M-F in $39M Deal\" \/>\n<meta property=\"og:description\" content=\"NTS Realty Holdings L,P, has announced an agreement to purchase Courtney Estates in Raleigh, N.C., from Courtney Estates Holdings L.L.C. for a price of $39 million. NTS will conduct due diligence on the property by Sept. 26 and must close on the purchase by Oct. 26 if satisfied with the results. The firm will fund&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/nts-takes-raleigh-m-f-in-39m-deal\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2008-08-29T20:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-06T21:04:48+00:00\" \/>\n<meta name=\"author\" content=\"the Editors of Commercial Property Executive\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nts-takes-raleigh-m-f-in-39m-deal\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/nts-takes-raleigh-m-f-in-39m-deal\/\",\"name\":\"NTS Takes Raleigh M-F in $39M Deal - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"datePublished\":\"2008-08-29T20:00:00+00:00\",\"dateModified\":\"2022-12-06T21:04:48+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nts-takes-raleigh-m-f-in-39m-deal\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/nts-takes-raleigh-m-f-in-39m-deal\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/nts-takes-raleigh-m-f-in-39m-deal\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"NTS Takes Raleigh M-F in $39M Deal\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/1d2a393e4a57d6d45707374e94ab4fef\",\"name\":\"the Editors of Commercial Property Executive\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4a1f01b65b63f52e71ac6af809a4afbf3c978600fbf7dee759ae70950f9604c7?s=96&d=mm&r=g\",\"caption\":\"the Editors of Commercial Property Executive\"},\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/cpeadmin\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"NTS Takes Raleigh M-F in $39M Deal - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/nts-takes-raleigh-m-f-in-39m-deal\/","og_locale":"en_US","og_type":"article","og_title":"NTS Takes Raleigh M-F in $39M Deal","og_description":"NTS Realty Holdings L,P, has announced an agreement to purchase Courtney Estates in Raleigh, N.C., from Courtney Estates Holdings L.L.C. for a price of $39 million. NTS will conduct due diligence on the property by Sept. 26 and must close on the purchase by Oct. 26 if satisfied with the results. 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