Charleston
SC Marina Operator Obtains $400M Refi
Newmark Group has arranged a $400 million credit facility for PORT 32 Marinas to refinance its existing portfolio of coastal… Read more
INDUS Snags Majority Share of $575M Carolinas Industrial Portfolio
INDUS Realty Trust, Inc. acquired a majority interest in a 4.3 million square foot logistics portfolio comprising 21 buildings (the… Read more
Blue Vista, Clarion to Acquire Student Housing Portfolio
Blue Vista Capital Management, a Chicago-based real estate investment management firm, in partnership with Clarion Partners, announced the acquisition of… Read more
Richman Group Raises $172M Affordable Housing Tax Credit Fund
The Richman Group Affordable Housing Corporation, headquartered in Greenwich, CT, has successfully raised $171.5 million in equity for a multi-investor affordable housing… Read more
Rushmark Developing 775K-SF Charleston-Area Business Park
Rushmark Properties closed on a $48.3 million construction loan with United Bank to develop Berkeley Commerce Center, a multi-building, Class-A… Read more
New York People and Company News, Week of Sept. 6, 2024
We’re adding executive-level openings to our Friday New York Weekly People & Company News. Please send entries for consideration to [email protected]. Read more
North River Capital JV Acquires 230K-SF Industrial Park in Richmond
A joint venture partnership between North River Capital, LLC, Feldman Bergin Properties, and Queenswood Partners, LLC has acquired 1700 Richmond… Read more
Historic Charleston Navy Storehouse Converts to Housing
A turn-of-the-century navy storehouse has been converted into 78 boutique live/work units, including studio and one-bedroom apartments ranging from 540… Read more
Fairfield Expanding Charlotte Apartment Portfolio
Fairfield Residential, along with Griffin Capital, started building 2300 North Tryon, a 307-unit, five-story apartment community north of uptown Charlotte.… Read more
Monday Properties Names VP of Acquisitions
Monday Properties has appointed Chris Wiederhold as vice president of Acquisitions, focusing on expanding the firm’s multifamily business. With nearly… Read more
Matheson Acquires 248-Unit Savannah Property
Matheson Capital, a Charleston-based real estate investment and asset management firm specializing in value-add multifamily properties in the Southeast, has… Read more
Springer Acquires 8-Property SC Portfolio
Power Properties unloaded a value-add, eight-property portfolio at a price of $240 million. Springer Capital purchased the 2,164 units. MF… Read more
MHT Adds Breeze Airways with Nonstop Service
Manchester-Boston Regional Airport (MHT) adds Breeze Airways to New Hampshire, offering nonstop service to Charleston, Orlando, and Fort Myers starting… Read more
Developer Duo Secures $120M Refi for Charleston Harbor Rental Community
Woodfield Investments and Argosy Real Estate Partners have secured $120 million to refinance the recently completed Morrison Yard Residences, a… Read more
URS Buys Charlotte Property, Assumes Loan
Napali Capital sold Residences at Belmont, a 176-unit garden-style multifamily property located in Belmont, N.C., to URS Capital. URS Capital… Read more
Report: Renters’ Interstate Migration Patterns Settle Down
During the pandemic and its aftermath, America’s residential renters fled crowded cities to more affordable and less densely populated areas.… 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
Capital Development Secures $23M for Charleston Industrial Project
Capital Development Partners has been okayed for a $23 million construction loan for a 39-acre industrial park in Summerville, near… Read more