North Carolina
Redgate Announces Promotions
Redgate, a real estate investment and advisory firm, has announced a series of promotions across its offices in Boston, the… Read more
HVPG Buys 1140-Unit Portfolio for $208M
New York-based Hudson Valley Property Group (HVPG) has acquired a five-property portfolio comprising 1140 units across the D.C. metropolitan area… Read more
Auto Parts Maker Investing $100M in Georgetown Factory
Hanwha Advanced Materials plans to invest $100 million into a 200,000-square-foot industrial building on 38 acres just outside the city… Read more
Nation’s Largest Pickleball Center Slated for Raleigh
The pickleball craze shows no sign of slowing, and when you add golf simulators to the mix, you’re on top… Read more
Kairoi Committing $500M to Charlotte Projects
Kairoi Residential is expecting to invest $500 million on projects in Charlotte. So far, the company has a handful of… Read more
URS Buys Charlotte Property, Assumes Loan
Napali Capital sold Residences at Belmont, a 176-unit garden-style multifamily property located in Belmont, N.C., to URS Capital. URS Capital… Read more
Quirky NC Short-Term Rental Units on Market
Who would have guessed? A county called Buncombe is home to a number of quirky, whimsical short term dwellings that… Read more
Big V Property Group Acquires Shopping Center in IN
Big V Property Group, along with the firm’s partner, Equity Street Capital, has acquired Merchants’ Square located in Carmel, Indiana.… Read more
Cambridge Properties Bringing New Life to Aging Charlotte Center
Cambridge Properties plans to knock down a shuttered Kohl’s department store in Charlotte and build a 300-unit apartment project along… Read more
Equus Buys Back 3 NC Rental Communities
Equus Capital Partners paid $66.65 million for three North Carolina apartment complexes. The Triangle Business Journal reports the firm previously… Read more
Charlotte Tower Revamp Complete
Crescent and Nuveen jointly purchased the 20-story One Independence highrise in Charlotte in 2019 for $132 million. Since then, they’ve… Read more
Placer.ai Spotlights East Coast Migration Hubs
Although much has been written about the recent population outflows from New York, Massachusetts and other Northeastern states, many states on the East… Read more
Chicago Apartments Close to Bally’s Casino Site Sell for $42M
An apartment building near the planned Bally’s casino traded at a 26 percent loss for the seller late last year.… Read more
CIP Real Estate Receives $300M Allocation from Almanac
Irvine-based CIP Real Estate received a second $300-million capital allocation from its institutional investment partner, Almanac Realty Investors, a business… Read more
Duke Buys Rental Community for Student Housing
Duke University paid an apartment owner $43 million to take over the Blue Light Living apartments. The school will add… Read more
Charlotte’s B of A Warns At-Home Workers
In what must be considered a positive omen for office building investors, Charlotte-based Bank of America Corp., America’s second-largest bank,… Read more
Report: Renters’ Interstate Migration Patterns Settle Down
During the pandemic and its aftermath, America’s residential renters fled crowded cities to more affordable and less densely populated areas.… Read more
Providence Group Opens Raleigh Office
The Providence Group is adding a new office in Raleigh, North Carolina and welcomes two seasoned Raleigh-based brokers, Reagan Crabtree… Read more
JLL Secures $149M Refi for 3 SE USA Properties
Sunroad Enterprises is the beneficiary of a $149 million refinancing arranged by JLL. The financing involves a portfolio made up… Read more