Asheville
Blue Ridge Offloads 384-Unit Jax Apartment Community
Blue Ridge sold the Reserve at Jacksonville Commons apartment complex in Jacksonville for $54 million. The buyer was Southwood Realty.… Read more
North Carolina OKs Mission, Novant Projects Worth $500M+
The North Carolina Department of Health and Human Services approved Mission Hospital (shown) in Asheville to add no more than… Read more
Madison Capital Group Launches North Carolina Multifamily DST Offering
Madison Capital Group launched MCG Arden NC Multifamily DST, a Delaware statutory trust offering comprised of Madison Long Shoals, a… Read more
Penzance Expands MF Portfolio with $200M in Acquisitions
Penzance has acquired approximately $200 million in multifamily and residential assets totaling 1,100 units and over 1.2 million square feet… Read more
Penzance Acquires Two NC Rental Assets
Penzance acquired approximately $200 million in multifamily and residential assets totaling 1,100 units and over 1.2 million square feet during… Read more
Baltimore-Based Continental Realty Acquires NC Multifamily
Continental Realty Corporation (CRC), a Baltimore-based real estate investment and management company, has acquired the Lofts at Reynolds Village in… Read more
Graycliff Picks Up Asheville Rental Community
Carlisle Residential has unloaded Highline North, a 168-unit multifamily property in Asheville. Graycliff paid $43.75 million for the property. Berkadia’s… Read more
BWE Secures $20M to Finance Retail Centers in Chicago, Asheville
BWE has secured $20 million in financing for two retail centers, Mayfair Plaza, located in Chicago, and River Ridge Marketplace,… Read more
Hospitality Bears the Brunt of Hurricane Helene’s Devastation
Hurricane Helene made landfall in Florida’s Big Bend area as a category 4 storm on Sept. 26, 2024. But the… Read more
Delving more Deeply into Global Climate Change
There are better ways to regard climate change and its related dangers than one-size-fits-all. Unfortunately, risk mitigation tends to focus… Read more
TruAmerica Multifamily’s Bob Hart Sees Market Moving Back Toward Equilibrium
Founder, chief executive, and president of Los Angeles-based TruAmerica Multifamily, Bob Hart is the very definition of a commercial real… Read more
TruAmerica Picks Up $50M Asheville Asset
TruAmerica Multifamily acquired Westmont Commons, a 252-unit multifamily community in Asheville, NC. The asset was purchased off-market for $49,875,000 in… Read more
JLL Secures $149M Refi for 3 SE USA Properties
Sunroad Enterprises is the beneficiary of a $149 million refinancing arranged by JLL. The financing involves a portfolio made up… Read more
Tanger Buys Asheville Outlets
Tanger has acquired Asheville Outlets, a 382,000-square-foot open-air shopping center, for $70 million. Originally built in the late 1980s as… Read more
Clarion Partners Real Estate Income Funds Acquires 176-Unit Asheville Community
San Mateo, CA-based Clarion Partners Real Estate Income Fund, Inc. has acquired the Retreat at Weaverville, a 176-unit multifamily community… Read more
Capital Square Buys Asheville Multifamily Portfolio for $73M Equity Raise
Glen Allen, VA-based Capital Square has acquired two-property multifamily portfolio in Asheville, NC on behalf of a private placement offering… Read more
Duo of Asheville Multifamilies Acquired as Part of $73M Equity Raise
Glen Allen, VA-based Capital Square has acquired two-property multifamily real estate portfolio in Asheville, NC on behalf of a private… Read more
LaSalle Investment Management Invests in Weaverville Multifamily
LaSalle Investment Management has acquired The Holston, a newly constructed 238-unit apartment community in the Asheville submarket of Weaverville, NC.… Read more