North Carolina
Summerwind Properties Buys $10M Commercial Site in Davie in 1031 Exchange
Summerwind Properties, LLC, has acquired a 6.6-acre commercial site at 10450 W. State Road 84 in Davie, FL for $9.8… Read more
Square Mile Capital Provides $184M for Construction of 600 South Tryon in Charlotte
Square Mile Capital Management, LLC, has originated a $184.3-million loan to facilitate the construction of 600 South Tryon, a 410,000-square-foot… Read more
CRC Wraps Up Seventh NC Multifamily with $37M Raleigh Buy
Baltimore, MD-based Continental Realty Corporation has acquired 800 St. Marys Apartments in the downtown Raleigh, NC neighborhood of Glenwood South… Read more
Olympus Properties Acquires $42M Raeford Multifamily Community
Capstone Apartment Partners has closed the $41.9-million sale of Stone Gables, a 192-unit, garden-style apartment asset in the Fayetteville, NC… Read more
The Solomon Organization Splits with Charlotte Multifam Portfolio for $174M
The Solomon Organization has sold a portfolio of three Charlotte, NC garden apartments with 762 combined units for $173.5 million:… Read more
Halpern Enterprises Adds to Southeast Portfolio with $13M Birmingham Retail Buy
Atlanta, GA-based Halpern Enterprises, Inc., has expanded its retail portfolio with the $13.4-million acquisition of Inverness Plaza, a 74,719-square-foot shopping… Read more
CARROLL Founder Gives $1.5M to UNICEF for Ukrainian Children; Exceeds $4M YTD Philanthropic Donations
The founder of Atlanta, GA-based CARROLL, Patrick Carroll, has surpassed the $4 million mark in personal donations to various charities… Read more
One Oaks Investments Acquires $21M Super-Regional Retail Center in Hickory
JLL has closed the $20.7-million sale of Valley Crossing, a 191,431-square-foot super-regional retail center located in Hickory, NC. The center… Read more
Signature Signs Off on Transfer of $129M Fuquay-Varina Multifamily
Capstone Apartment Partners has closed the $129.3-million sale of Elevate Powell & Broad, a 384-unit new construction apartment in the… Read more
Aldon Spends $129M to Acquire Raleigh Area Residential Asset
Bethesda, MD-based Aldon Management Corp., has purchased Elevate Powell & Broad, a 384-unit new-construction apartment in the Raleigh suburb of… Read more
Portman Holdings Taps Dotan Zuckerman as Head of Retail and Activation
Atlanta-based Portman Holdings has appointed Dotan Zuckerman as head of retail and activation. He is responsible for the retail programming,… Read more
Manufactured Housing Properties Appoints Bill Boscow as EVP, Capital Markets
Pineville, NC-based Manufactured Housing Properties Inc., has selected Bill Boscow as EVP, capital markets. Boscow is a 35-year veteran of… Read more
Parakeet Acquires Florida Mobile Home Community Portfolio with $114M Loan
Madison Realty Capital has originated a $114 million loan to Washington, DC-based Parakeet Communities for a portfolio of 11 mobile… Read more
BWE Closes $25M San Diego Office Property Loan
Bellwether Enterprise Real Estate Capital LLC (BWE), a commercial mortgage banking company, has closed a $25 million bridge loan to… Read more
TerraCap Management Acquires Second Raleigh-Durham Mutlifamily
Naples, FL-based TerraCap Management LLC, has acquired The Lex at Brier Creek, a 1999-built, 346-unit apartment complex located in the… Read more
SunCap Fills North Charleston Industrial Property with Life Science Tenant
Charlotte, NC-based SunCap Property Group has leased the entirety of Palmetto Trade Center II in North Charleston, SC to SHL… Read more
Retail Property in Great Smoky Mountains Town of Highlands Trades for $2M
Mag Mile Capital has closed a loan for $1.6M to help a client purchase a former Bank of America branch… Read more
$64M Secures Newly Constructed Distribution Center in Winston-Salem
Cushman & Wakefield has arranged the sale of Union Cross Distribution Center, a newly constructed 610,000-square-foot cross-dock logistics facility at… Read more
Concord Hospitality Secures $75M to Start Westin Hotel in Duluth’s Gas South
ACRES Capital Corp., has originated a $74.6-million loan to fund the construction of the Westin Gwinnett Hotel in Duluth, GA.… Read more