Charlotte
Capstone Sees Emerging Asset Class in Two Nashville Hotel-to-Apartment Transactions
Charlotte, NC-based Capstone Apartment Partners has closed the separate sales of two Nashville, TN hotels for conversion into residential communities.… Read more
Magma Erupts in NC with $222M in 2022 Acquisitions; Latest is $18M Lincolnton Multifam
Magma Equities — in joint venture with Chapel Hill, NC-based Prudent Growth Partners — has acquired The Oaks Apartment Homes,… Read more
Charlotte Industrial Property Trades in All-Cash Deal
CBRE has arranged the all-cash sale of Cordage — a Class A warehouse and distribution facility in the Arrowood industrial… Read more
Wogan Group Secures 88-Unit Memphis Apartment Community for $13M
Charlotte, NC-based Capstone Apartment Partners has closed the $12.5-million sale of Ironworks, an 88-unit apartment community in Memphis, TN. According… Read more
642-Unit Acquisition Brings Morgan Properties’ Fayetteville Portfolio to Five
Morgan Properties has acquired two Class A apartment communities totaling 642 units in Fayetteville, NC. Both properties, Westlake at Morganton… Read more
CRC, Brown Close $146M Equity Fund to Acquire Southeastern Multifams
Baltimore, MD-based Continental Realty Corporation, in partnership with Brown Advisory, has closed its Core Multifamily Fund, LP, after a raise… Read more
Atlanta’s MDH Partners Finalizes $1.26B Sale of 58-Property Logistics Portfolio
Atlanta, GA-based MDH Partners has closed the $1.26-billion sale of its Sunbelt Logistics Portfolio to a global institutional investor. MDH… Read more
209K-SF Quorum Business Park in Charlotte’s Crownpoint Trades for $24M
CBRE has arranged the $23.5-million sale of Quorum Business Park, an eight-building office park totaling 208,986 square feet in the… Read more
Q&A with MetroGroup’s J.D. Blashaw: The Rise of MOBs & the Future of Lending Within This Asset Class
As medical office buildings (MOBs) garner more hype and media attention as “the darling” of current investment portfolios, Connect spoke… Read more
Stoneweg Spends $91M to Secure Multifamily in Charlotte’s NoDa District
St. Petersburg-FL based Stoneweg U.S. LLC, has acquired Amaze @ NoDa, a recently developed 298-unit complex in Charlotte, NC, for… Read more
TKC Brokers $91M Sale of Multifamily in Charlotte’s NoDa District
The Kirkland Company has arranged the $90.9-million sale of Amaze @ NoDa, a recently developed 298-unit complex in Charlotte, NC.… Read more
Anchor Health Snaps $46M Off-Market MOB in Healthcare-Heavy South FL
Colliers and Avison Young have closed on the $45.5-million ($475psf) sale of Crossroads III, a Class A medical office building… Read more
BREIT Completes $5.8B Deal for Preferred Apartment Communities
Blackstone Real Estate Income Trust (BREIT) completed its all-cash acquisition of Preferred Apartment Communities (PAC) on the scheduled closing date… Read more
JLL Charlotte Appoints Three to Elevated Leadership Positions
JLL Charlotte has appointed Chase Monroe as east region leader for its occupier and tenant representation business. In addition, the… Read more
CrowdStreet Investors Flock to Participate in $93M Charlotte Multifamily Project
JLL has arranged $28 million in equity and a $65.2 million construction loan for The Joinery Phase II, a two-building,… Read more
CARROLL Acquires Three Sun Belt LP Deals with Collective Price Tag of $200M
Atlanta, GA-based CARROLL has acquired three limited partnership deals across NC, TX and AZ for a combined purchase price of… Read more
Criterion Spends $45M to Acquire Industrial Outdoor Storage Properties in Eight States
Criterion Group, a Queens-based investor and developer with 20 years of experience building across multiple asset types, has acquired eight… Read more
Barings Buys $132M Life Science Property in Bedford, MA
Charlotte, NC-based Barings has acquired for $132 million One Patriots Park, a nearly 144,000 square foot Class A life science… Read more
CBREIM Purchases The Line Office Property in Charlotte’s South End
The CBRE Strategic Partners U.S. Value 9 fund has acquired The Line, a 314,221-square-foot, recently constructed office building with 24,000… Read more