North Carolina
Divaris Real Estate Brokers Double $4M Sales of VA Office Buildings
Virginia Beach-based Divaris Real Estate, Inc., has brokered the disposition of two VA office properties: *The company represented seller Manan… Read more
Riverside Investment & Development Kicks off $750M Charlotte Mixed-Use with Land Buy
Riverside Investment & Development Company has closed on a 2.75-acre parcel of land in the South End neighborhood of downtown… Read more
Drive Shack Bringing Puttery Concept to Fulton Market
Drive Shack Inc., a leading owner and operator of golf-related leisure and entertainment businesses, will bring Puttery, its newest competitive socializing and entertainment… Read more
S2 Capital Finishes 2021 with $1.9B in Deals Under its Belt
As one of the most active investors in the sunbelt, S2 Capital experienced its most successful year yet after finishing… Read more
Excelsa Properties Acquires Fort Mill, SC Multifam for $62M
Excelsa Properties has acquired Fox Hunt Farms Apartments in Fort Mill, SC from York Investment Properties in an off-market transaction… Read more
Greystone Closes $30M for Senior Housing Construction in Holly Springs, NC
Greystone has placed $30.1 million in financing for the construction of a 159-unit active adult community in Holly Springs, NC.… Read more
Merchants Capital Closes on Tax Credit Equity Funds
Merchants Capital has closed on two tax credit equity funds totaling more than $233.4 million. They include the $172.5-million Fund V, the Carmel, IN-based… Read more
NAI Legacy Completes Syndication of $43M DST Portfolio
NAI Legacy has fully subscribed the $42.5-million Essential Net Leased Midwest DST offering. As a sponsor of the DST, Minneapolis-based NAI Legacy helped 50 1031 Exchange investors from 18 states:… Read more
Capstone Arranges $126M Sale of Charlotte Multifamily Duo
Capstone Apartment Partners has facilitated the sale of two adjacent apartment communities in Charlotte’s University City submarket for a sale… Read more
Finmarc Management Acquires Raleigh Retail Center for $58M
Bethesda, MD-based Finmarc Management, Inc., has purchased Plantation Point Shopping Center, a 383,000-square-foot retail complex in Raleigh, for the price… Read more
Charlotte-based Seller, Buyer Exchange 133K-SF Office Building for $66M
CBRE has arranged the sale of Morehead Square, a 133,107-square-foot office building on Morehead Square Drive in Charlotte for $65.5… Read more
Eller Capital Enters Charleston Market with $130M Portfolio Acquisition
Eller Capital Partners has paid $130 million for a portfolio of three multifamily communities in the Charleston area. The purchase… Read more
Atlanta’s OA Development Rakes in $121M for Dual Office Sale
Atlanta, GA-based OA Development has secured $120.5 million through the sale of its six-building office portfolio in NC and its… Read more
JLL Helps Toyota Land on NC’s Greensboro-Randolph Megasite for Battery Plant
The 1,825-acre Greensboro-Randolph Megasite in Liberty, NC, has been chosen for Toyota’s new $1.29 billion automotive manufacturing plant. Toyota Battery… Read more
CTO Realty’s Been Busy Acquiring Beaver Creek Crossings in Raleigh for $71M
CTO Realty Growth, Inc., has acquired Beaver Creek Crossings, a 320,600-square-foot multi-tenant retail property in the Apex submarket of Raleigh,… Read more
Duke Footballer Turned CRE Owner Named to ACC Honors Class of 2021
Anthony Dilweg, former Duke University quarterback and founder of Durham-based Dilweg real estate investment firm, was honored prior to kickoff… Read more
Charlotte 454-Unit Multifamily Exchanged for $75M
Cushman & Wakefield has arranged the $75 million sale of Country Club, a 454-unit apartment community located in Charlotte, NC.… Read more
JLL Arranges $690M Financing on BREIT Industrial Portfolio
A Dallas-based JLL Capital Markets team arranged a $690-million financing on behalf of Blackstone Real Estate Income Trust for a portfolio of… Read more
Austin Ranks in 2021 STEM Job Growth Index’s Top 10
RCLCO Real Estate Consulting recently unveiled the results of its 2021 STEM Job Growth Index (STEMdex), which projects which metro… Read more