North Carolina
Boston Financial Closes LIHTC Fund at $170M
Boston Financial, reportedly the largest syndicator of U.S. Low-Income Housing Tax Credits, has closed Boston Financial Institutional Tax Credits 60… Read more
Cary Mall Owners Moving Ahead on Transformation
South Hills Mall will finally get its new look. Three years after spending $38.4 million to buy the mall in Cary,… Read more
Atrium Health Building $163M Greensboro MOB
Atrium Health Wake Forest Baptist (AHWFB) is kicking off a Greensboro medical campus by building a $163 million medical office… Read more
Crosland Helming Publix-Anchored Mixed-Use Project
A Publix supermarket will anchor a 30-acre Durham mixed-use development that will feature 176 for-sale townhouse units, a 10-acre retail… Read more
Lake Norman Rental Asset Trades for $76M
Blue Heron Asset Management acquired a Lake Norman apartment complex for $76 million. RL West and Langtree Development were the… Read more
Construction Underway on New $206M Raleigh City Hall
Work is heating up at the site for the East Civic Tower, the new city hall complex at the corner of… Read more
Crescent Moving Forward on 31-Story Charlotte Tower
Crescent Communities is hoping to get final approvals from Mecklenburg County to build a 31- story high-rise at 1102 S.… Read more
Pinnacle Partners Raises $90M for Multi-Asset Opportunity Zone Fund
Real Estate investment management firm Pinnacle Partners announced the closure of its twelfth Qualified Opportunity Zone Fund (QOF), securing $90… Read more
Development Team Revamping Historic Charlotte-Area Hotel
The developers behind the Empire Hotel are embarking on a $25 million remake of the building. The project calls for… Read more
Brookhill Village Developers Looking at Mixed-Use Project
A development team of Griffin Brothers Property Services and Quore Real Estate Advisors is trying to get the city of… Read more
Winston-Salem Food Distribution Building Flips for $23.5M
Fresh-food distributor, Foster, has purchased a distribution warehouse in Winston-Salem. Food company Purple Crow sold the 157,878 square foot building… Read more
JV Procures $134M Refi on Raleigh Mixed-Use Project
Barings provided a $134 million loan to refinance the existing loan on Smoky Hollow in Raleigh. The mixed-use development was… Read more
Charlotte Multifamily Developer Inks $43.6M Construction Loan
Vista Residential Partners obtained a $43.6 million construction loan to build a 320-unit apartment complex in Charlotte at 8011 Krenfeld… Read more
Racing Notables Building Concord Speedway Venture
Charlotte citizens are huge car racing enthusiasts. The Charlotte Motor Speedway is home to one of NASCAR’s premier events, and… Read more
Charlotte Apartment Asset Flips for $22.3M
An apartment complex off George W. Liles Parkway in Concord changed hands in a recent sale. Tower Place Apartments sold… Read more
Hotel, Main Event Adjoining Greensboro Top Golf
Realty Link plans to build a Marriott Studio Res hotel and a Main Event entertainment center next to the recently opened Top… Read more
Shipping Company Buys Charlotte Airport Industrial Parcel
J.B. Hunt Transport bought 34 acres at 8329 OId Dowd Road, near the Charlotte airport, from Strategic Real Estate Partners… Read more
Delving more Deeply into Global Climate Change
There are better ways to regard climate change and its related dangers than one-size-fits-all. Unfortunately, risk mitigation tends to focus… Read more