Charlotte
Providence Group Adds to Raleigh Office
The Providence Group, a Charlotte-based retail real estate brokerage firm, has added Kerri Dunlevy and Alex Miller to its Raleigh… Read more
Investor Duo Inks $48.5 Refi for Wilmington Apartments
A joint venture between Childress Klein and Cameron Management obtained a $48.5 million loan for refinancing the Element Barclay Station,… Read more
QuadReal Property Group Buys Annapolis Multifamily
QuadReal Property Group, a Canadian real estate company, acquired four multifamily residential properties, including the Maria luxury apartment complex in Annapolis,… Read more
Investor Team Obtains $77M for UNC Charlotte Student Housing Property
SR Real Estate Partners and Circle Squared Alternative Investments procured $77 million for the refinancing of Junction 49, a new… Read more
CTO Picks Up Discounted Charlotte Retail Center
CTO Realty Growth Inc. acquired three open-air shopping centers last week for $137 million. Two were in Florida and one… Read more
Lake Norman Apartment Asset Trades for $55M
Passive Investing has unloaded a 232-unit Lake Norman apartment complex for $55 million. Inwood Holdings was the buyer. Built in… Read more
Charlotte Airport Area Chosen for $70M Apartment Project
Middleburg Communities and KDM Development will break ground next month on a 280-unit apartment community near Charlotte Douglas International Airport.… Read more
Atlanta-Based Cortland Raises $1.5B for Value-Add Multifamily Fund
Cortland has closed its Cortland Enhanced Value Fund, securing $1.5 billion in commitments. The value-add, multifamily fund is meant to… Read more
State Agency OKs $262M Greensboro Hospital
Atrium Health Wake Forest Baptist has been greenlighted for a $262.8 million Greensboro Medical Center on Horse Pen Creek Road. It… Read more
Crescent Adding Greensboro to BTR Portfolio
Crescent Communities will soon break ground on HARMON Jefferson Village, a 130-unit build-to-rent townhome project at 1500 Highwoods Blvd in… Read more
Wood Partners to Add 2 Charlotte Rental Communities
National multifamily developer Wood Partners will expand its presence in Charlotte with Alta 10th and Seigle and Altera Mint Hill, bringing its… Read more
Zillow: One Third of U.S. Apartment Listings Offer Concessions
Amid cooling growth in apartment rents, more property managers are offering concessions to new tenants, Zillow reported. Nationwide, 33.2% of… Read more
Charlotte’s Abacus Capital Unloads Dilworth Property
Cornerstone Commercial Properties bought The Dilworth at 1315 East Blvd. from Abacus Capital for $10.5 million. Abacus sold it for… Read more
Charlotte Office, Retail Mixed-Use Project Flips for $18.6M
CBRE has arranged the sale of two mixed-use buildings at The Quarter, a Class A adaptive reuse project in the… Read more
Car-Free Apartments to Open in Charlotte
The location of the Link Apartments Cykel is suitable for biking, which nudged the company into building a car-free apartment… Read more
Towers at SouthPark Debut $20M Revamp
One of the area’s most prominent office buildings has received a $20 million facelift. Crestlight Capital delivered this week on… Read more
Lion Expands Nashville Apartment Portfolio
Lion Real Estate Group acquired Bradford Woods, a 312-unit multifamily property in Nashville. The latest purchase increases the company’s stake… Read more
Commercial Real Estate is . . . People
When seeking out the best commercial real estate opportunities, investors examine many factors. These include pro formas, supply, market and… Read more