Marcus Partners Makes First Investment in Raleigh-Durham
Recently Launched Atlanta Office Leads Firm's First Ground-Up Multifamily Development in the Market With Alta Apex
Marcus Partners, a real estate investment, management, and development firm, has acquired a development site in Apex, North Carolina for Alta Apex, a planned 280-unit class-A multifamily community. The investment marks the firm's first ground-up development in the Raleigh-Durham market and is being led by Marcus Partners' recently launched Atlanta office as the firm continues to expand its presence across the Southeast. Marcus Partners will partner with Wood Partners, a national multifamily developer and repeat development partner.
Located on a shovel-ready site off Jenks Road in Apex, the project is expected to begin sitework and construction in August 2026, with delivery anticipated in the fourth quarter of 2027.
"We believe Alta Apex combines a strong location, compelling market fundamentals, an attractive basis, along with the opportunity to partner again with Wood Partners on a high-quality multifamily development," said Andrew Dolinsky, Partner, Investments at Marcus Partners. "This project is an important milestone as we continue expanding our investment activity across the Southeast.”
The community will include a mix of walk-up and elevator served buildings along with a detached clubhouse. The 280-unit development will offer a mix of one-, two-, and three-bedroom apartments featuring LVT flooring throughout, quartz countertops, tile backsplashes, tile tub surrounds, shaker cabinetry, and 9-foot ceilings. Planned amenities include a resort-style pool, indoor and outdoor fitness areas, a clubroom with co-working space, a dog park and pet spa.
Alta Apex is located in one of North Carolina's most affluent and fastest-growing communities, approximately 15 minutes from Research Triangle Park, one of the country’s largest research and technology parks. The area continues to benefit from significant investment fueling a growing job market across life science, healthcare, and industrial sectors. More broadly, North Carolina ranked as the third fastest-growing state in 2025 and led the nation in net domestic migration, making it a prime location for new housing growth.
About Marcus Partners
Marcus Partners is a vertically integrated real estate firm specializing in real estate investment, management and development. The firm focuses on value-add investment strategies across industrial, multifamily, and other property types. Marcus Partners and its affiliates currently own, control, operate, or are developing more than 7 million square feet of real estate and 4,300+ multifamily units. The firm is headquartered in Boston, with regional offices in Metro New York, the Mid-Atlantic, and Atlanta.
3 August 2026