Charlotte
Carter Exchange Offloads 249-Unit Burlington Apartment Community
Grimley Capital paid $48 million for the Retreat at the Park, a 249-unit, garden-style community in Burlington, NC. Carter Exchange… Read more
Clear Mountain Snags Financing for 152-Unit Greenville-Area Rental Community
Clear Mountain Properties obtained a $29.75 million construction loan to build Liva Travelers Rest, a 152-unit multifamily property located at… Read more
Shorenstein, Stiles Score $178M Refi on Charlotte East End Office Tower
CBRE has arranged a $178 million refinancing for 110 East, a newly delivered, 23-story, office tower totaling nearly 400,000 square… Read more
Taft Debuts Charlotte Apartment, BTR Community
Taft Family Ventures opened Adler Montford Park + Drexel Townes, a 249-unit multifamily and build-to-rent townhome community at 1351 E.… Read more
Cousins Increases Charlotte Holdings, Spends $317.5M on 25-Story Tower
Cousins acquired 300 South Tryon, a 25-story, 638,000-square-foot building at 300 S. Tryon St., for $317.5 million. Barings was the… Read more
FCP Buys 151-Unit Monroe BTR Community
A joint venture of Taylor Morrison and Varde Partners sold a Charlotte-area build-to-rent community. The sales price of Yardly Monroe,… Read more
Igneo Acquires 7 U.S. Data Centers, Plans to Expand Platform
Global infrastructure investment manager Igneo Infrastructure Partners has acquired the Vault Digital Infrastructure portfolio from a joint venture of CVC… Read more
Siemens Spending $421M on NC Plant Expansions
The company that makes large power transformers for the energy sector plans to invest $421 million in its North Carolina… Read more
Crescent Delivers 237-Unit Charlotte-Area Rental Community
Crescent Communities has opened NOVEL Davidson, a 237-unit multifamily property in Davidson, N.C. The developer broke ground on the project… Read more
Opportunistic Fund Targets Distressed Multifamily in High-Growth Markets
Online real estate investment platform Neighborhood Ventures has launched Opportunistic Fund II, a $25-million vehicle to acquire between five and eight… 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
Phillips Collective Debuts $200M Charlotte Rental Community
The Seventeen Hundred on East opened its doors at 1755 Lombardy Circle. Developer Phillips Collective expects costs to approach $200… Read more
Ares Secures Land for 400-Unit Charlotte Rental Community
Ares Management Corp. bought a 16.4-acre multifamily development site at The Exchange at Indian Land. The Charlotte Business Journal reports… Read more
JJ Rivers Named Co-Managing Director of Gensler’s DC Office
Architecture and design firm Gensler has appointed JJ Rivers as the new Co-Managing Director of its Washington, D.C. office. Rivers… Read more
Carolina Panthers to Kick Off $800M in Stadium Improvements
The Carolina Panthers will soon start an $800 million makeover of Bank of America Stadium. Stadium renovations and additions will… Read more
Charlotte Office/Retail Building Trades for $58M
Crescent Communities and Faison sold the Elizabeth on Seventh, a 100,537-sq.-ft., Class A+ mixed-use office and retail property located at 1942 E.… Read more
Crescent, Fortius Sell 449K-SF Charlotte Warehouse
Crescent Communities and Fortius Capital Partners sold AXIAL Rapid Commerce, a 449,069-square-foot Class A industrial facility located at 500 Rhyne… Read more
$80M Charlotte-Area Rail Line Apartment Project Gets Green Light
The Huntersville Board of Commissioners is allowing Peak Development to rezone 21.3 acres at 17220 Old Statesville Road for Station… Read more