North Carolina
Raleigh Highrise Hits the Market
World Wide Group is selling SkyHouse Raleigh, an apartment building across from Moore Square. The Triangle Business Journal reports World… Read more
Onetime Salisbury Ford Dealership Becoming Senior Housing
A number of government and non-profit agencies are collaborating on an inventive approach to housing. They are converting a shuttered… Read more
Eyeing Self-Driving Vehicles, Raleigh Developer Building $52M Automated Parking Lot
Capital City Urban Development will start construction of an underground parking facility that utilizes automated parking equipment. The Triangle Business… Read more
Tredway Takes on 16 Texas Rental Communities
Tredway closed on a $65.5 million 16-property portfolio across Texas, totaling more than 1,200 apartments. The transaction involves the acquisition… Read more
Alliance Secures Huntersville Site for 358-Unit Rental Community
Alliance Residential acquired a 20.4-acre site at 12420 Hambright Road in Huntersville from American Asset Corp. for $8 million. The… Read more
Aria Snags $53M Financing for Charlotte-Area Apartment Venture
Aria Communities obtained $42.7 million in construction financing and $10.2 million in preferred equity for Skyview at Aria, a 338-unit… Read more
Saks Fifth Avenue to Close Chicago Magnificent Mile Store
Chicago’s Saks Fifth Avenue store on the Magnificent Mile at 700 N Michigan Avenue is closing. The move to shutter… Read more
Trammell Crow Kicks Off Charlotte Foundry Redevelopment Project
Trammell Crow Co. pulled its first permit for a Charlotte mixed-use project featuring apartments, a hotel, office and retail at… Read more
Developer Picks Up Concord Site for 8-Building Industrial Park
McCraney Property Co. closed on the acquisition of 55 acres at 4518 Davidson Highway. The parcel sold for $5.45 million.… Read more
EastGroup Eyeing 1M-SF Frisco Industrial Venture
EastGroup Properties plans to build a 98-acre warehouse development along SH 121 received the blessing from the Frisco City Council.… Read more
Charlotte Developer Trio Breaks Ground on $67.1M Rec Center
Work began recently on Eastland Sports Campus, a 29-acre, 100,000-square-foot indoor sports center with space for 10 full-size basketball courts,… Read more
Centrum, Sorelle File Plans for Charlotte Apartments, Hotel
Centrum Realty & Development and Sorelle Capital filed a development plan for 1.8 acres in Charlotte that calls for a… Read more
Stoa Group Moving Ahead on $60M Charlotte Apartment Community
Stoa Group broke ground on The Waters at Robinwood, a 288-unit garden-style multifamily community at 10700 Harrisburg Road in Charlotte.… Read more
RangeWater Spends $12.4M on NoDa Parcel, Apartments on Way
RangeWater Real Estate will add more than 300 apartment units to the NoDa area’s growing development pipeline following its $12.4… Read more
Charlotte’s 2nd Largest Residential Tower Opens Doors
Riverside Investment & Development and Woodfield Development announced that first move-ins are underway at VIVIAN, the 42-story residential tower at Queensbridge Collective. Rising… Read more
Southwood Acquires 174-Unit Concord Rental Community
Gamma Real Estate offloaded Laurel View Apartments, a 174-unit multifamily community in Concord, North Carolina. Southwood Realty acquired the property… Read more
Beacon Adding Apartments to Charlotte Development
Beacon Partners filed a land development construction plan with the city of Charlotte for a 3.8-acre parcel at 122 Freeland… Read more
GSA to Sell USDA’s 2.1M-SF South Building in DC
The U.S. Department of Agriculture (USDA) and the U.S. General Services Administration (GSA) announced the planned disposition of the Agriculture… Read more
Greystone Provides $80.9M to Rehab 640-Unit NC Affordable Housing Portfolio
Greystone provided both debt and equity financing for the rehabilitation of a 640-unit affordable housing portfolio comprising 10 properties across… Read more