North Carolina
Lincoln Harris Drops the Curtain on Fourth Tower in Charlotte’s Legacy Union
Lincoln Harris, in partnership Goldman Sachs Asset Management Real Estate, has launched 600 South Tryon, the fourth office building at… Read more
Capstone Sees Emerging Asset Class in Two Nashville Hotel-to-Apartment Transactions
Charlotte, NC-based Capstone Apartment Partners has closed the separate sales of two Nashville, TN hotels for conversion into residential communities.… Read more
Armada Hoffler Collects $24M for Properties Leased to Costco, Home Depot
Virginia Beach, VA-based Armada Hoffler has disposed of two single-tenant assets leased to Costco and Home Depot located in Durham,… Read more
Magma Erupts in NC with $222M in 2022 Acquisitions; Latest is $18M Lincolnton Multifam
Magma Equities — in joint venture with Chapel Hill, NC-based Prudent Growth Partners — has acquired The Oaks Apartment Homes,… Read more
Charlotte Industrial Property Trades in All-Cash Deal
CBRE has arranged the all-cash sale of Cordage — a Class A warehouse and distribution facility in the Arrowood industrial… Read more
Parakeet Secures $114M to Acquire 12-Community Mobile Home Portfolio
Madison Realty Capital has originated a $114 million loan to Washington, DC-based Parakeet Communities for a portfolio of 11 mobile… Read more
Wogan Group Secures 88-Unit Memphis Apartment Community for $13M
Charlotte, NC-based Capstone Apartment Partners has closed the $12.5-million sale of Ironworks, an 88-unit apartment community in Memphis, TN. According… Read more
Armada Hoffler Sells Durham Properties Leased to Costco, Home Depot for $24M
Virginia Beach, VA-based Armada Hoffler has disposed of two single-tenant assets leased to Costco and Home Depot located in Durham,… Read more
Capital Square Views $68M DST Raise for Newly Acquired Asheville Multifamily
Glen Allen, VA-based Capital Square has acquired the Retreat at Arden Farms Apartments, a 312-unit apartment community in the Asheville… Read more
Capital Square Acquires Multifamily near Asheville for $68M DST Offering
Glen Allen, VA-based Capital Square has acquired the Retreat at Arden Farms Apartments, a 312-unit apartment community in the Asheville… Read more
642-Unit Acquisition Brings Morgan Properties’ Fayetteville Portfolio to Five
Morgan Properties has acquired two Class A apartment communities totaling 642 units in Fayetteville, NC. Both properties, Westlake at Morganton… Read more
CRC, Brown Close $146M Equity Fund to Acquire Southeastern Multifams
Baltimore, MD-based Continental Realty Corporation, in partnership with Brown Advisory, has closed its Core Multifamily Fund, LP, after a raise… Read more
Bisnow CEO Will Friend, 33, Dies; Led Company’s Growth
Bisnow CEO Will Friend, who oversaw the company’s growth into a global organization, died unexpectedly near his home in North… Read more
Atlanta’s MDH Partners Finalizes $1.26B Sale of 58-Property Logistics Portfolio
Atlanta, GA-based MDH Partners has closed the $1.26-billion sale of its Sunbelt Logistics Portfolio to a global institutional investor. MDH… Read more
Cortland’s Portfolio Acquisition Brings Tally to 85K Units under Management
Atlanta, GA-based Cortland has acquired a portfolio of residential real estate properties across seven states, bringing the firm’s total number… Read more
Clear Path Asset Management Buys $9M Off-Market Office in Raleigh
JLL has closed the $9.3-million sale of 5520 Capital Center Drive, a fully leased office building totaling approximately 36,008 square… Read more
209K-SF Quorum Business Park in Charlotte’s Crownpoint Trades for $24M
CBRE has arranged the $23.5-million sale of Quorum Business Park, an eight-building office park totaling 208,986 square feet in the… Read more
Walker Webcast: QB Taylor Heinicke on Overcoming Odds, Perseverance and Consistency
Taylor Heinicke is not your typical American football quarterback. For one thing, he’s shorter than the average quarterback. He didn’t… Read more
Q&A with MetroGroup’s J.D. Blashaw: The Rise of MOBs & the Future of Lending Within This Asset Class
As medical office buildings (MOBs) garner more hype and media attention as “the darling” of current investment portfolios, Connect spoke… Read more