When it comes to community development, we usually stick to Durham. But through our partnership with the National Community Stabilization Trust, we committed to resolve 20 distressed properties across the state of North Carolina. 499 Adam’s Apple Dr, Building #6, Unit 3 was one such property in the town of Banner Elk.
Reinvestment Partners spent 18 months resolving this blighted property. We procured all 4 units between 2016 and 2017, and by May 2017 the building was demolished. We then smoothed the land for future use.