North Carolina
NEIP Acquires Charlotte Highrise Office Building
IPA Capital Markets (a division of Marcus & Millichap (NYSE: MMI)) and Green Harbor Capital secured $18 million in financing for the $32 million… Read more
PMT Unloads Steele Creek Shopping Center
PMT Partners sold York Ridge Shopping Center in the Steele Creek area of Charlotte for $16.9 million. Old York LLC… Read more
Raleigh Apartment Investor Defaults on Loan, Forced to Sell
The Brentmoor Apartments, located at 2080 Brentmoor Drive just outside the Beltline, sold for $45.6 million after the former owner,… Read more
ExCap Picks Up Charlotte Rental Asset for $54.7M
Mesirow sold a 216-unit Charlotte apartment community to Expedition Capital Advisors (ExCap) for $54.7 million. Northmarq’s Andrea Howard, John Currin, Allan Lynch, Caylor Mark, Jeff… Read more
NASCAR Race Team Building Concord Manufacturing Plant
Hendrick Motorsports is proposing a $35 million investment to develop a 260,000-square-foot manufacturing facility adjacent to its Concord campus. The… Read more
Charlotte Tower Sells at Deep Discount
New England Investment Properties purchased the 342,162-square-foot 121 W. Trade Street building for $32 million. The Charlotte Business Journal reports… Read more
U.S. Apartment Rent Growth Eases to 1% in Q4 2024
National year-over-year asking rent growth eased to 1.0% in December 2024 compared to 1.1% at the end of September 2024,… Read more
MDH Completes 700K-SF Charlotte Industrial Center
MDH Partners recently wrapped up work on the Northcross Commerce Center Phase II in the Huntersville neighborhood of Charlotte. Phase… Read more
Developer Trio Teaming Up on $500M Charlotte Development
Levine Properties, Northwood Ravin and Horizon Development Properties are working together on a $500 million redevelopment of the former Providence Square… Read more
Lion Acquires 3rd Charlotte Rental Asset
Lion Real Estate Group acquired a two-property, 208-unit apartment portfolio in Charlotte that was rebranded as Creekside Canopy. The acquisition expands the… Read more
Crosland Eyeing Matthews for Mixed-Use Project
Crosland Southeast hopes to get permits for a project with residential and commercial uses in the Charlotte suburb of Matthews.… Read more
Dream Capital Building Dual-Branded Nashville Hotel
An Atlanta-based hotel developer bought the East Nashville site where it is planning a Marriott hotel. Dream Capital paid $5 million… Read more
Leon Lands Financing for 231-Unit Gilbert Project
Leon Multifamily, a subsidiary of Leon Capital Group secured $41.5 million in construction financing from Alerus Financing for a multifamily… Read more
Leon Capital Procures Financing for Mansfield Rental Asset
Leon Multifamily, a subsidiary of Leon Capital Group, secured $33.5 million in construction financing from Broadway Bank for a multifamily… Read more
70K-SF NC Shopping Center Flips to Ziff
The Camfield Corners shopping center in south Charlotte has sold for $11.2 million. Camfield purchased the center in 2015 for… Read more
Leon Closes Financing on Morrisville Apartment Project
Leon Capital Group secured $58.5 million in construction financing for its 303-unit multifamily development in Morrisville. ACORE Capital Capital was… Read more
Fast Growing NC Town Greenlights Transformative Rezoning
Fuquay-Varina had 18,000 people in 2010. Now it’s near 40,000, and town leaders are moving fast to accommodate the growth.… Read more