North Carolina
CMC Opening Cary Hotel, Another on Way
CMC Hotels has one hotel opening soon and another on the way. Hive House is opening this week at 1121… Read more
NC State Building $180M Integrative Science Building
North Carolina State University in Raleigh is planning a $180 million high-tech facility focused on student education, training and workforce… Read more
PGIM Real Estate Provides Financing for Seattle MF
PGIM Real Estate has provided a total of $107.2 million in fixed-rate financing to AEW Capital Management for two multifamily… Read more
Red Oak Capital Holdings Provides Acquisition Financing for Norfolk MF
Red Oak Capital Holdings, LLC has provided $1.5 million for the acquisition and repositioning of 32 Fenner Apartments, a 32-unit… Read more
Former World Golf Hall of Fame-Area Resort Trades Hands
A well-known golf resort near what used to be the World Golf Hall of Fame in St. Augustine has sold… Read more
Charlotte Office Tower Sells for $71.5M
JLL Capital Markets arranged the $71.5 million sale of Ballantyne Tower, a Class A office building with 260,958 square feet in… Read more
Northwood Ravin Unloads 402-Unit Huntersville Rental Community
Northwood Ravin has sold a 402-unit Huntersville multifamily community for $119.5 million, or about $300,000 a unit. The Holly Crest… Read more
Children’s Hospital to Anchor Massive Apex Development
The $3 billion Veridea mixed-use project in Apex will be the site for a children’s hospital run by the UNC… Read more
200-Unit Affordable Housing Development on Way in Charlotte
Coldwell Banker Commercial Realty brokered the $3.4 million sale of 3.5 acres of multi-family-zoned land (TOD zoning) in Charlotte, North… Read more
ATCO Lands Refi for Camp North End Rental Community
ATCO Properties & Management closed on a $66 million refinancing for Kinship, the first multifamily buildings to rise at Camp… Read more
LDG Lands Low Income Housing Tax Credits for $100M DFW Project
LDG Development qualified for low-income housing tax credits for its latest DFW apartment project. The 330-unit development will be designated… Read more
Way Capital Names McDonough to Run BTR Unit
Way Capital named Kyle McDonough Executive Director. He’ll be based in Phoenix and focus on arranging financing for Build-to-Rent (BTR)… Read more
Town Lane Purchases Raleigh-Durham Warehouse Portfolio for $555M
Town Lane acquired 2.7 million square feet of shallow bay industrial real estate in Raleigh-Durham from Corebridge Real Estate Investors… Read more
Chapel Hill Investor Inks Innovation Hub Refinancing
Grubb Properties obtained a $26 million bridge loan to refinance Chapel Hill’s Innovation Hub, a newly renovated 122,000-square-foot mixed-use development… Read more
PGIM Funds Beacon Partners Refinancing of 11 Charlotte/Raleigh Warehouses
PGIM Real Estate provided $100 million in fixed-rate financing to Beacon Partners for an industrial portfolio in the Charlotte and… Read more
Spruce Pays $68.75M for 300-Unit Charlotte Rental Property
Spruce Properties acquired Evolve at Parkway, a new 300-unit, garden-style multifamily property in Concord, North Carolina, approximately 25 minutes north… Read more
Yardi Matrix Reports Sluggish May Multifamily Metrics
Yardi Matrix’s May 2025 National Multifamily Report noted that rent growth achieved a “steady if unspectacular growth pattern in May,”… Read more