North Carolina
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
Deliveries and Demographics: Q&A with Colliers’ Will Mathews
In this Q&A installment, Connect Media posted questions about apartment deliveries and demographics to Colliers International’s Will Mathews, who is… Read more
Centric Gateway in Uptown Charlotte Sold for $69M
Centric Gateway, a 297-unit, newly completed mid-rise apartment community in Charlotte, North Carolina’s Uptown area, has traded hands for $69.25… Read more
Bellwether Arranges Debt on Properties in Ohio, 3 Other States
Cleveland-based Bellwether Enterprise has closed loans totaling more than $38 million for two multifamily, one hospitality, and one flex-retail property… Read more
Hackers Continue to Target Healthcare; LabCorp Latest Victim
If you’ve ever had any lab tests done at LabCorp, there’s a very good chance your patient records have been… Read more
Hooah! Austin Welcomes Army Futures Command Center
Less than a month after announcing that Austin was one of top five cities under consideration for a new Futures… Read more
Hunt Handles $65M Acquisition Financing for Pair of Raleigh-Durham MFs
Hunt Mortgage Group provided two Freddie Mac conventional loans totaling more than $65 million to finance the acquisition of two… Read more
Connect Apartments Transactions Series: Inside the $1-$20M Deals
By Dennis Kaiser Transactions in the $1 million to $20 million range remain the multifamily sectors’ cashflow kings. A group… Read more
Economic Update: Boom, Bubble or Bust?
By Dennis Kaiser Nearly 400 attendees at 2018’s Connect Apartments heard an economic overview from three real estate economists who… Read more