North Carolina
U.S. Jobless Claims Drop to Near 49-Year Low
The strength of the labor market was reinforced by a report on the numbers of Americans filing for unemployment benefits,… Read more
Cushman & Wakefield Report Highlights Tech’s Critical Impact on CRE
Existing and emerging tech centers are increasingly driving the North American economy, and that’s being felt across the commercial real… Read more
Aftermath of Hurricane Florence: $20B to $30B in Flood, Wind Losses
Residential and commercial flood and wind loss estimates for Hurricane Florence is expected to result in nearly $20 billion to… Read more
ZOM Planning $180M Wellington Green
ZOM Living, which recently acquired 46 acres in Wellington, FL, has plans for the parcel. Specifically, the Orlando-based developer is… Read more
Expansion Continues at North Carolina Industrial Park
The Hollingsworth Companies is starting the second facility in a four-building expansion at its SouthPoint Business Park in Mocksville, NC.… Read more
Berkadia Secures $78M for Six Hotel Properties
Berkadia secured $78 million financing for six hotel properties in a portfolio of eight total hotel properties on behalf of… Read more
A Decade After Housing Bust, California Markets Pace Recovery
A decade after the collapse of the housing market and start of the Great Recession, home values have more than… Read more
San Antonio: Where Millennials Carry the Most Debt
San Antonio comes in first place in a variety of categories. According to a LendingTree study, the Alamo City also… Read more
New Unemployment Claims Fall to Near 49-Year Low in U.S.
The Labor Department reported that initial claims for state unemployment benefits dropped 10,000 to a seasonally adjusted 203,000 for the… Read more
Meridian Arranges $210M Financing for 5-State Healthcare Portfolio
New York-based Meridian Capital Group arranged $210 million in financing for a combination of skilled nursing, assisted living, and continuing… Read more
Industrial Market Sees Increased Absorption Activity in Secondary Corridors
Transwestern’s national industrial report for the second quarter of 2018 revealed that 37 of 47 markets posted positive absorption for… Read more
Logistics Sector Boosts Payrolls as Shipping Demand Rises
Complementing an increase in speculative development of industrial product is fresh evidence that the logistics sector is continuing to add… Read more
LGI Homes Spends $80M, Acquires Wynn Homes Assets
LGI Homes Inc. is extending its range eastward by acquiring the real estate assets of Wynn Homes, a 20-year-old homebuilder… Read more
Mill Valley Investor Acquiring Nearly 50 Chili’s in $156M Deal
Mill Valley, CA-based Four Corners Property Trust (FCPT) plans to acquire up to 48 corporate-operated Chili’s restaurants through a sale-leaseback… Read more
Aspen Heights Grows East, Joins Forces with CampusWorks
Locally-based Aspen Heights Partners, a multifamily and student housing development and management company, joined forces with CampusWorks, which is headquartered… Read more
MBRE Healthcare Buys North Carolina MOBs for $35M
Mission Health and its affiliated physicians sold three medical office buildings in Asheville, NC for $35.2 million. The buyer, Chicago-based… Read more
Exeter Claims Charlotte Industrial Park for $49M
Conshohocken, PA-based Exeter Property Group acquired RiverOaks Corporate Center, a two-building, Class A industrial park totaling 453,206 square feet in… Read more
CBRE Global Investors Divests 4-State MF Portfolio
The Texas Multifamily conference is taking place on Aug. 23! Log on here for information, and to register. Chicago-based Waterton acquired… Read more
Austin Sixth in Tech Talent
Austin moved up to No. 6 on CBRE’s annual Tech Talent Scorecard, effectively outranking Raleigh-Durham and Atlanta (last year in… Read more