North Carolina
SC Marina Operator Obtains $400M Refi
Newmark Group has arranged a $400 million credit facility for PORT 32 Marinas to refinance its existing portfolio of coastal… Read more
High Competition in the Rental Housing Market During 2024
Developers have been busy building apartment buildings this past year. According to RentCafe, more than half a million rental units… Read more
100-Year-Old Charlotte Office Tower Converting to Hotel
KHP Capital Partners plans to convert the historic Johnston Building into a 245-room hotel. To be called The Beckwith Hotel,… Read more
Cousins Lands Austin’s Sail Tower for $521.8M
Cousins Properties is under contract to acquire 601 West 2nd Street, also known as Sail Tower, an 804,000-square-foot office property in Austin,… Read more
Cortland Adds to Atlanta Apartment Portfolio
Cortland bought the former Gardens at East Cobb in Marietta, a 484-unit apartment community previously owned by NALS Apartment Homes.… Read more
Amgen Announces $1B Holly Springs Factory Expansion
Amgen announced a $1 billion expansion to establish a second drug substance manufacturing facility in North Carolina. This brings the company’s total… Read more
INDUS Snags Majority Share of $575M Carolinas Industrial Portfolio
INDUS Realty Trust, Inc. acquired a majority interest in a 4.3 million square foot logistics portfolio comprising 21 buildings (the… Read more
Owners Hope to Expand Birkdale Village
The owners of Birkdale Village in Huntersville want to add office space, a hotel, apartments and expand the retail offerings.… Read more
Newmark Lands 3-Member Nashville CBRE Office Team
Jay O’Meara, Justin Parsonnet and Ryan Reethof have left CBRE and joined Newmark to lead office investment sales in the… Read more
RXR Launches 1,100 Acre Apex Mixed-Use Community
RXR has broken ground on its first project within the 1,100-acre Veridea mixed-use community in Apex. Phase I of Veridea… Read more
Greystone, Cushman & Wakefield Arrange $72.9M NC Apartment Deal
Greystone and Cushman & Wakefield provided acquisition financing and arranged the sale of Aventine, previously known as Ardmore at Bryton,… Read more
430K-SF Person County Logistics Park Sells for $61.8M
Colliers facilitated the $61.8 million sale of POLYWOOD’s 930,250-square-foot manufacturing and warehousing campus in Person County, North Carolina. Colliers’s Jimmy… Read more
Two Charlotte Rental Assets Trade for $183.5M
Two heavyweight apartment investors have spent over $183 million gobbling up Charlotte commercial real estate. St. Regis Properties acquired Crown… Read more
Dune, TF Cornerstone Launch $1B Office-to-Residential Venture
Dune Real Estate Partners and development firm TF Cornerstone (TFC) said Tuesday they had created a $1-billion venture, Alta Residential,… Read more
Digital Realty Adding to Robust Charlotte Data Center Sector
Digital Realty completed the purchase of 155 acres at 12899 Moores Chapel Road in Charlotte to build a data center.… Read more
Core Switching Out Denton Bitcoin Mining Site
Core Scientific says it will spend $6.1 billion to turn its Denton bitcoin mining site in Denton from a crypto… Read more
Atlantic Pacific Obtain Refis on 3 DFW Properties
Atlantic Pacific Cos. received Freddie Mac loans totaling $112.4 million to refinance a trio of multifamily properties in the Dallas-Fort… Read more
KISCO Obtains $71.3M Refi of Greensboro Sr. Care Facility
KISCO Senior Living obtained a $71.3 million refinancing of the Abbotswood at Irving Park, a senior living community in Greensboro.… Read more
Origin Forecasts Continuing Rent Growth for Class A Apartments
A widening supply and demand imbalance for apartments across the U.S. will drive national annual year-over-year Class A multifamily rent… Read more