NorthView Partners, a North Carolina-based real estate development company, raised nearly $12.2 in a private stock offering, according to a Securities and Exchange Commission filing.
The company filed the Form D on Oct. 27, and the funds are to be used for an apartment complex in Apex, North Carolina. The project is called Meridian at Nichols Plaza.
The building will contain 270 luxury apartments in a four-story design. The property is located near the Nichols Plaza shopping center, giving renters nearby shopping and dining. The building is also connected to a 160-acre park containing baseball and soccer fields, volleyball, tennis and basketball courts, playgrounds, a lake and walking trails.
NorthView Partners focuses on multifamily development and construction across the Triangle. The company was founded in May 2009 and has its own in-house general contractor team, NorthView Construction.
The company is led by CEO Mark Baker, President Frank Morisey, and Michael Peele, president of NorthView Construction. Collectively, they have been involved in over 8,000 apartments and numerous commercial transactions.
Companies relying on a Reg D exemption do not have to register their offering of securities with the SEC, but they must file what’s known as a Form D electronically with the SEC after they first sell their securities.
The file can be found here.