The Novus

Otten Johnson represented CIBC Bank USA as the agent and lead lender in connection with the syndicated financing of The Novus in downtown Durham, North Carolina. The Novus will consist of 54 for-sale condominiums, 188 for-rent apartments units, structured private and public parking, over 22,000 square feet of ground floor retail, and related amenities. Construction of the Novus is underway and is expected to be completed in the Fall of 2025

More information on the Novus can be found here.