North Carolina
WNC Secures $192M for 16-State Affordable-Housing Fund
Here’s some recent affordable-housing math from WNC: 10 investors + 24 properties (across 16 states) + an Institutional Tax Credit… Read more
EDENS Lands 8 Open-Air Properties on West Coast
When people think “West Coast” images of beaches, mild climate and rich flora frequently pop into mind. How about open-air… Read more
Clark Ventures Sells Atlanta Multifamily, Plots Capital Redeployment Plan
Clark Ventures has sold its 460-unit Park at Peachtree Corners in Norcross, GA, where the property is proximate to more… Read more
CCP Commercial Real Estate Completes $15M Buy of Office Pair in Charlotte
CBRE has arranged the $15 million sale of Forest Park II & III, two Class A office buildings in Charlotte,… Read more
The Preiss Company Acquires 828-Bed University Trails College Station
North Carolina-based The Preiss Company (TPCO), a privately-held, student housing owner-operators, announced the acquisition of the 828-bed University Trails College… Read more
Arch Companies Sells Carolinas, Jacksonville Multifamily Portfolio for $199M
Arch Companies has completed the $199-million sale of 1,993 multifamily units across six properties in NC, SC and Jacksonville, FL.… Read more
Dilweg Expands Into Texas with Purchase of Royal Tech Business Park
Dilweg, a North Carolina-based real estate investment firm with 5.5 million square feet of assets under management in the Southeast,… Read more
Site Selection Magazine Has Awarded Texas the “Governor’s Cup” For 10th Consecutive Year
Texas has won the “Governor’s Cup,” a designation that is awarded to the state with the most major corporate locations… Read more
Praelium Commercial Real Estate Services Acquires 85% Leased Charlotte Office for $21M
CBRE has brokered the $21-million sale of Three Resource Square, a 125,728-square-foot Class A office building in Charlotte, NC to… Read more
Charlotte-Area Regional Shopping Destination Sells to NY Investor
JLL has closed the sale of Poplin Place, a fully leased, 196,462-square-foot regional shopping center with a premier anchor tenant… Read more
Nitya Capital Closes Multi-City, Multifamily Property Deal Adding Properties in High-Growth US Markets
Houston-based Nitya Capital, a privately-owned real estate investment firm and operating company, announced an acquisition of 11 multi-family properties across… Read more
Michael Nelligan to Lead America’s Capital Partners Industrial Venture
Coral Gables-FL based America’s Capital Partners has launched ACP Industrial with the intent of expanding into industrial real estate development… Read more
Trio of Partners Acquire Four-Story, 127K-SF Office Building in Charlotte
Shopoff Realty Investments, Praelium Commercial Real Estate and Singerman Real Estate, LLC, have acquired Three Resources Square, a four-story, Class… Read more
Brightspeed Establishes Corporate HQ in Charlotte with 27K-SF Lease
Brightspeed has signed a lease agreement to establish its corporate headquarters in Charlotte, NC with plans to occupy over 27,000… Read more
CREC Closes Second Multifamily Fund at $80M
Private equity real estate investment firm CREC Real Estate has closed its second real estate fund, CREC Real Estate Fund II… Read more
Comunidad Partners Closes Inaugural Impact/ESG Housing Fund Totaling $300M
Austin-based Comunidad Partners, who was recently named Freddie Mac’s 2021 Impact Sponsor of the Year, closed its inaugural discretionary, commingled… Read more
The Beach Company’s $44M Buy Expands Multifamily Footprint in Raleigh
Charleston, SC-based Beach Real Estate Funds, LLC, an affiliate of The Beach Company, has acquired North Oaks Landing, a 200-unit… Read more
Harrison Street Sells 8 Med. Office Buildings Across California
Eight medical office buildings spread across California – worth nearly $215 million, combined – are on the move. Harrison Street… Read more
CRG Hires New VP of Development and Construction
National real estate development and investment firm CRG announces that Dan Hrankowsky has joined its residential team as vice president… Read more