North Carolina
JV Delivers 23-Story, $186M Charlotte Office Building
The joint venture of Stiles and Shorenstein Properties has delivered 110 East, its newest Class A, 23-story office tower in… Read more
Durham Bottling Plant Redevelopment Advances
Ardent Companies has updated its plans for redeveloping a Durham Coca-Cola Bottling Company warehouse. The new development will include 370… Read more
RentCafe Says Adaptive Reuse on the Rise, YoY Growth is 17%
A recent article from RentCafe reported that adaptive reuse projects gained steam in 2023. Specifically, 17.6% more apartments were converted… Read more
Lion Picks Charlotte 225-Unit Value-Add Property
Lion Real Estate Group, a value-add property buyer, purchased The Apartments at Radbourne Lake, a 225-unit multifamily property in Charlotte.… Read more
CBRE Arranges $215M in Financing for LIC 417-Unit MF
CBRE has arranged a $214.5 million construction loan for Link Apartments QPN, a 417-unit high-rise multifamily development in Queens, New… Read more
Walmart Adding 600K SF to Mebane Distribution Center
Walmart plans to build a nearly 600,000-square-foot distribution center next to another that, combined, will exceed one million square feet.… Read more
Driftwood Adds Research Triangle Marriott to Portfolio
Driftwood Capital acquired the Marriott Raleigh Durham Research Triangle Park, a 225-key full-service, hotel located in North Carolina’s Research Triangle… Read more
Can Legislators Step In Against Institutional Home Buyers?
Institutional investors first stepped in to buy single-family homes after the Great Financial Crisis. Plenty of foreclosed and empty homes… Read more
Long Vacant Greensboro Lot Set for Mixed-Use Project
A one-time Greensboro car dealership may be converted into a mixed-use project that could include office, multifamily and restaurant space.… Read more
BWE Secures Financing for Midwest Affordable Housing Properties
BWE closed the three financings totaling over $31 million to finance three multifamily affordable housing properties, including two located in… Read more
Student Housing Rents Reach Record High
Preleasing at Yardi 200 schools hit 67.7% in March, exceeding last year’s pace by 2.4%, while rent growth accelerated to… Read more
Bolour Arranges Debt to Redevelop Three LA Properties into Multifamily
Bolour Associates Inc. provided more than $20 million in debt financing for the redevelopment of three Southern California retail projects. Upon… Read more
Christopher Todd Picks 217-Unit Avondale BTR Project
Christopher Todd Capital has completed its first purchase of a newly completed Build-to-Rent (BTR) community in Avondale. The company, with… Read more
Private Equity Firm Blue Ops Relocates, Expands Chicago Office
Blue Ops, a private equity and M&A services firm, has signed a deal to occupy 27,762 square feet at 200… Read more
Peak Construction Expands Into North Carolina
Rosemont, Illinois-based Peak Construction Corporation has announced its recent expansion into North Carolina. The move follows the firm’s expansion into… Read more
$100M Luxury Sr. Housing Project Opens in Charlotte
Bridgewood Property Corp. and Harrison Street have delivered The Village on Morehead, a $100 million, 12-story Charlotte luxury rental community… Read more
Specialty Builder Spending $40M on Siler City Factory
An off-site construction services company is spending $40 million on a new factory in the Town of Siler City. The… Read more
MCR, BLT Secure $632M Refi on Lodging Portfolio
MCR and partner Building and Land Technology (BLT) have closed a $632-million, three-year, fixed-rate financing on a portfolio of 53 hotels across… Read more
Club Office Concept Catching on in Southeast
It’s a relatively new office concept…work clubs. Switchyards is an idea that came out of the effect Covid had on… Read more