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Foulger Pratt is pleased to announce the acquisition of The Milo, a 252-unit multifamily community in Raleigh, North Carolina.

POSTED

09.04.26

The Milo, a 252-unit multifamily community in Raleigh, North Carolina, was originally developed by Greystar in 2024.

The community features a thoughtfully designed mix of one, two, and three-bedroom residences paired with elevated interior finishes and resort-style amenities. Ideally located within the thriving Triangle region, residents enjoy convenient access to Downtown Raleigh, Research Triangle Park (RTP), Durham, Cary, and Chapel Hill, placing major employment, education, dining, and entertainment destinations within easy reach.

“We are pleased to welcome The Milo to the Foulger Pratt portfolio. The property’s quality of construction, thoughtful unit mix, and access to the region’s major employment centers make it a standout community, and we look forward to building on its success in the years ahead.” Joe Clauser, Chief Financial Officer.

About Foulger Pratt: Established in 1963, Foulger-Pratt is a privately owned real estate investment, development, and operating firm. With a rigorous focus on execution and long-term value creation, the firm has developed millions of square feet of mixed-use, transit-oriented, and multifamily assets across the United States. Foulger-Pratt’s vertically integrated structure enables full-lifecycle oversight, ensuring institutional-grade development that enriches local communities. For more information, visit Foulger Pratt