Bank takes over Cary property once marketed as future downtown
CARY – A set of properties on Three Oaks Road, once marketed as the future downtown of the village, now are being marketed by a bank.
Parkway Bank and Trust has taken over almost 47 acres of land along Three Oaks Road between Routes 14 and 31 once owned by developer Bill Kaper.
The bank foreclosed on Kaper in June, according to online court records.
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