Woodfield Development and American Asset Corporation Announce Stabilization of The Keaton at Brier Creek in Raleigh, North Carolina

RALEIGH, NC - Woodfield Development, one of the nation’s top 20 developers of Class A multifamily communities, and American Asset Corporation announce the successful stabilization of The Keaton at Brier Creek, a boutique-inspired luxury apartment community located in the heart of Raleigh’s thriving Brier Creek Town Center.

Located at 3930 Macaw Street, The Keaton comprises 264 luxury apartment homes, is 92% leased, and has now reached stabilized occupancy at 96%. Since opening, the community has seen strong leasing activity, bolstered by its walkable location, thoughtful design, and resort-level amenities. The Keaton is the first multifamily development to offer direct sidewalk access to the 800,000-square-foot Brier Creek Commons Shopping Center, which blends retail, dining, and entertainment in one of

Raleigh-Durham’s most sought-after neighborhoods. “The Keaton at Brier Creek was designed to offer a living experience that feels as refined and elevated as a boutique hotel,” said Principal Partner of Woodfield Development Scott Underwood. “We’re thrilled to see how positively the market has responded to the community and are proud to bring this exceptional development to stabilization.”

Spanning eight acres, The Keaton offers one, two, and three-bedroom residences ranging from 668 to 1,331 square feet. Shelton Taylor + Associates designed interiors, and features luxe finishes, sleek appliances, and open-concept floor plans that fuse form and function. Residents enjoy a wide range of upscale amenities, including an 8,000-square-foot clubhouse, rooftop sky terrace, resort-style pool, fitness center with yoga and cycle studio, and courtyards with grilling stations and outdoor dining spaces. Pet lovers benefit from an on-site dog park and spa, while additional conveniences include a game room, car wash station, electric vehicle charging stations, and detached garages.

Just minutes from Research Triangle Park (RTP) and RDU International Airport, The Keaton offers easy access to major employment hubs, while placing residents within walking distance of retail and dining. Its pedestrian-friendly location also neighbors the newly opened Westin Brier Creek, further integrating The Keaton into the area’s ongoing transformation into a vibrant, mixed-use destination.

About Woodfield Development: Woodfield Development is a premier developer and operator of Class A multifamily communities. Amongst its peer group, the Woodfield partnership has unmatched experience in multifamily development and asset management. Since its founding in 2005, Woodfield has completed 74 communities, has 16 communities under construction, and numerous projects in various stages of entitlement and design. Woodfield’s earliest developments were located predominantly in the southeast and Mid-Atlantic, but the company has since expanded its footprint to include markets in the Northeast, Florida, Tennessee, and Texas. From the first project to each thereafter, the singular goal is to deliver well-conceived, thoughtfully designed, market supported projects that hit each market’s sweet spot and create value for Woodfield’s investors and partners. Relying on local knowledge with experienced development partners, Woodfield sets the new high bar with each development it delivers. With a track record that stands above, Woodfield Development sets out to assemble the best team of designers, consultants, architects, generalcontractors, and capital sources – every development, every time.

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