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Evolve Companies Secures $38M Loan for 210-Unit Evolve Crossing Project in Burlington

Evolve Companies secures $38 million in construction financing for the 210-unit Evolve Crossing multifamily development in Burlington, North Carolina.

By Colin Percy · May 22, 2026

Evolve Companies has secured $38 million in construction financing for Evolve Crossing, a 210-unit Class A, garden-style apartment community in Burlington, North Carolina. The financing was arranged by a Northmarq Debt + Equity team led by Chris Hammel through CrossHarbor Capital Partners.

The project is slated for completion in 2028 and will feature one-, two-, and three-bedroom floor plans. Residents will have access to a resort-style pool, outdoor kitchens, co-working spaces, a fitness center with a yoga studio, and a pet spa station.

Companies mentioned

developer

Evolve Companies

other

CrossHarbor Capital

broker

Northmarq

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