North Carolina
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
Rockpoint, Oppidan Sell Off First of 4 Apex Warehouses
Rockpoint and Oppidan Investment Co. have sold the 233,818-square-foot Building I at their $100 million Apex Commerce Center, a four-building… Read more
Skanska Creates New Mid-Atlantic Region to Focus on Key Markets
Skanska has created a new Mid-Atlantic Region to enhance its building operations in four important markets: Washington D.C., Maryland, Virginia… Read more
NMHC Applauds Creation of Bipartisan Congressional YIMBY Caucus
A bipartisan group of lawmakers in the U.S. House of Representatives has launched the Congressional Yes In My Back Yard… Read more
Concord Apartments, Retail Okayed by Town Council
Besides approving the project which will permit Hood Ventures to build a 210-unit multifamily community, the Concord City Council approved… Read more
First Project Completed at Former Eastland Mall Site
The old Eastland Mall is now called Eastland Yards, and the developer, Crosland Southeast, has delivered its first project. Evoke… Read more
Duke Health Building $235M Cary Medical Campus Expansion
Eight years ago Duke Health began acquiring land to build out the campus in Cary. In 2022, the health system opened its… Read more
Waxhaw Mixed-Use Project Attracts Anchor Tenant
The Shops at Prescot Village is an 83,000-square-foot neighborhood shopping center in Waxhaw. The Widewaters Group is developing the 100-acre,… Read more
Fallon Company Breaks Ground on $100M Charlotte Apartments
The Fallon Company started work on The Colwick, a $100 million, 234-unit multifamily rental project at Colwick and Chiswick roads in Charlotte.… Read more
Investor Fund to Focus on Sunbelt Self-Storage Deals
Madison Capital Group launched the Go Store It Opportunity Fund, LP, a $250 million self-storage investment initiative aimed at acquiring… Read more
Chicago/Midwest People & Company News, week of November 15, 2024
The Opus Group announced the promotions of Paul Robertson and Mike Robinson to vice president of real estate development in… Read more
$260M Secured for MF Portfolio with Portland Property
BWE has secured a $260 million loan to refinance a portfolio of six multifamily properties, including the Victory Flats apartment… Read more