North Carolina
“YIGBY” Movement Supports Different Uses for Houses of Worship
Pictured: Childress Klein’s redevelopment of Sharon United Methodist Church The closures of large churches, synagogues, mosques and other places of… Read more
Amenity-Rich Rental Community Opens in Raleigh
When it comes to apartment amenities, some tenants favor extensive security measures, others prefer a patio/balcony, and if a pool… Read more
JV Scores $80.8M Refi for Charlotte Apartments
A joint venture team made up of SYNCO Properties and Schlosser Development obtained an $80.8 refinancing for The Colony Southpark,… Read more
Atlas Stark Greenlighted for 1,000+ Raleigh Apartment Units
The Raleigh City Council recently approved a zoning request that will allow developer Atlas Stark to build a 20-story residential,… Read more
Carroll Cos. Eyeing 760-Unit Greensboro Apartment, Townhome Community
The Carroll Cos. is moving forward on a $210 million construction project in Greensboro. The venture entails 480 apartments and… Read more
Cortland Trades Nashville Rental Asset for $88M
General Services Corp. paid $88.2 million for a 322-unit apartment complex in West Nashville, which is just over $270,000 a… Read more
Lovett to Build 2nd NC Industrial Park
Lovett Industrial purchased a 27-acre lot in northeast Durham for $16 million. The industrial developer bought the site with a… Read more
CIP Obtains $66M Refinancing for Charlotte-Area Warehouses
CBRE has arranged two loans worth $66 million to refinance two separate industrial portfolios in the Charlotte, North Carolina, metropolitan… Read more
Providence Group Adds to Raleigh Office
The Providence Group, a Charlotte-based retail real estate brokerage firm, has added Kerri Dunlevy and Alex Miller to its Raleigh… Read more
Investor Duo Inks $48.5 Refi for Wilmington Apartments
A joint venture between Childress Klein and Cameron Management obtained a $48.5 million loan for refinancing the Element Barclay Station,… Read more
QuadReal Property Group Buys Annapolis Multifamily
QuadReal Property Group, a Canadian real estate company, acquired four multifamily residential properties, including the Maria luxury apartment complex in Annapolis,… Read more
Investor Team Obtains $77M for UNC Charlotte Student Housing Property
SR Real Estate Partners and Circle Squared Alternative Investments procured $77 million for the refinancing of Junction 49, a new… Read more
CTO Picks Up Discounted Charlotte Retail Center
CTO Realty Growth Inc. acquired three open-air shopping centers last week for $137 million. Two were in Florida and one… Read more
Lake Norman Apartment Asset Trades for $55M
Passive Investing has unloaded a 232-unit Lake Norman apartment complex for $55 million. Inwood Holdings was the buyer. Built in… Read more
Texas People & Company News, August 23rd, 2024
We’re adding executive-level openings to our Friday Texas Weekly People & Company News. Please send entries for consideration to [email protected]. Read more
Charlotte Airport Area Chosen for $70M Apartment Project
Middleburg Communities and KDM Development will break ground next month on a 280-unit apartment community near Charlotte Douglas International Airport.… Read more
ZOM Living Planning Cary Apartments, Townhomes
ZOM Living paid $12.55 million for 19.21 acres along Carpenter Fire Station Road west of Highway 55 to develop a… Read more
Developer Eyeing Sanford for Hotel, Shopping Center
Urban Design Partners hopes to get approval from a local planning agency in Sanford to build a new shopping center… Read more
Atlanta-Based Cortland Raises $1.5B for Value-Add Multifamily Fund
Cortland has closed its Cortland Enhanced Value Fund, securing $1.5 billion in commitments. The value-add, multifamily fund is meant to… Read more