North Carolina
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
NAHB Applauds Harris Housing Proposal, with Reservations
The National Association of Home Builders (NAHB) applauded Vice President Kamala Harris’ plan to increase housing production, announced Friday during… Read more
State Agency OKs $262M Greensboro Hospital
Atrium Health Wake Forest Baptist has been greenlighted for a $262.8 million Greensboro Medical Center on Horse Pen Creek Road. It… Read more
Lowes Foods to Open in Concord Mixed-Use Project
Lowes Foods is putting the finishing touches on a 50,000-square-foot store in Concord. It will be part of Christenbury Village,… Read more
Crescent Adding Greensboro to BTR Portfolio
Crescent Communities will soon break ground on HARMON Jefferson Village, a 130-unit build-to-rent townhome project at 1500 Highwoods Blvd in… Read more
Wood Partners to Add 2 Charlotte Rental Communities
National multifamily developer Wood Partners will expand its presence in Charlotte with Alta 10th and Seigle and Altera Mint Hill, bringing its… Read more
Battery Maker Chooses Rocky Mount for $1.4B Plant
A new battery manufacturing plant is set to open at the Kingsboro megasite in Edgecombe County. Natron Energy, headquartered in… Read more
Zillow: One Third of U.S. Apartment Listings Offer Concessions
Amid cooling growth in apartment rents, more property managers are offering concessions to new tenants, Zillow reported. Nationwide, 33.2% of… Read more