News: Brokerage

Outside the Region: The Dolben Co. named managing agents for Brook Arbor Apartments

Cary, NC The Dolben Company, Inc. has entered the market, as managing agents for Brook Arbor Apartments. Brook Arbor consists of 302 apartments. Taurus Investment Holdings owns the property. 

Built in 1998, Brook Arbor is situated on over 30 wooded acres. Apartment homes consist of one, two, and three bedroom floorplans, with features including nine-foot and vaulted ceilings, brick masonry, fireplaces, garden tubs, in-home washers and dryers, stainless steel appliance packages, oversized closets, and private balconies. Many apartments also have direct garage access. Community amenities include a pool, hot tub, five tennis courts, and a 5,000 s/f fitness center, as well as a clubhouse and business center. A renovation program is planned, which includes upgrading the units to include hardwood floors and granite countertops, as well as an enhanced clubhouse and amenity space. In addition, the community will undergo select sustainability upgrades and a renewable energy system.

Deane Dolben, president, said, “A significant part of our growth over the last 12 months has stemmed from our clients’ increased activity, and we are delighted to be working with Taurus as managing agents for their newest acquisition in North Carolina. Brook Arbor is an ideally-located, well-maintained community, and we are looking forward to working with our client to maximize their investment.”

With offices in Massachusetts and Maryland and more than 16,000 residential units throughout the New England and Mid-Atlantic regions, The Dolben Company, Inc. is built on a deep heritage of performance and stewardship. Since 1929, four generations of the Dolben family have upheld a proud tradition of unparalleled success and profitability, fulfilling the property and investment needs for a wide array of businesses, financial institutions, organizations and private investors.

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