North Carolina
Seattle Posts Double-Digit Percentage Gains in Office Rents
CBRE’s Tech-30 report, now in its 10th year, measures the industry’s impact on office demand and rents in the 30… Read more
Origin Investments, Kaplan Residential Join Forces for $76M Multifamily in Charlotte
Atlanta-based Origin Investments and Kaplan Residential have formed a partnership to develop a 322-unit rental apartment and townhome community in… Read more
Harrison Street Adds Six-State Self-Storage Portfolio
Chicago-based Harrison Street has acquired a portfolio of 26 self-storage properties comprised of nearly 2.7 million rentable square feet and 18,765 units across… Read more
CPP Purchases $26M Raleigh Multifamily for Affordable Housing Program
Community Preservation Partners has acquired Chandler Ridge Apartments, a 228-unit mixed-income community in Raleigh, NC, for $26 million. The organization… Read more
J. Scott Adams Named Executive Managing Director for Colliers Virginia, Raleigh
Colliers has appointed J. Scott Adams executive managing director for the company’s Virginia and Raleigh brokerage operations. Adams will focus… Read more
Highwoods Properties Releases Two Atlanta Office Buildings for $67M
Highwoods Properties, Inc., has sold two Atlanta office buildings for a combined $68.6 million The asset at 5405 Windward Parkway… Read more
Carter Funds Sells FL, NC Multifams for $17M Above 2018 Purchase Price
Tallahassee-based Carter Funds has sold two multifamily communities for a combined $73.3 million, $16.7 more than when the properties were… Read more
RESICAP, Rockpoint Venture Aims to Acquire Additional $2.5B of SFRs
Atlanta, GA-based single-family rental services firm RESICAP and real estate private equity firm Rockpoint Group have committed to a series… Read more
Savannah Multifamily Changes Ownership for $29M
Sterling Bluff, a 216-unit apartment community in Savannah, GA, has been acquired by PIA Residential of Miami, FL, for $29… Read more
Charlotte Office Collateralized for $38M from Rubenstein Mortgage Capital
Rubenstein Mortgage Capital has funded a $37.8-million first mortgage loan collateralized by Esplanade at SouthPark, a 213,324-square-foot, Class-A office building… Read more
Highwoods to Begin $94M GlenLake III Development in Raleigh
Highwoods Properties, Inc., is set to begin construction of GlenLake III in Raleigh, NC. The multi-customer development will encompass 218,000… Read more
RREAF Holdings LLC Acquires the TransCoastal 21 Multifamily Portfolio
Multifamily continues to show resilience amid the pandemic, and RREAF Holdings LLC capitalized on that resilience with the recent acquisition… Read more
Gindi Equities Acquires Chapel Hill Multifamily with $30M Loan
Cushman & Wakefield has arranged a $30.3-million acquisition loan on behalf of Gindi Equities for Chapel View, a 224-unit apartment… Read more
Trinity Capital Eyes Charlotte Expansion with Two Industrial Buildings Totaling 1M SF
Trinity Capital Advisors has begun development on Delta Industrial Park, a 876,587-square-foot Class A industrial building located on Delta Drive… Read more
Starwood REIT Acquires 15,460-Unit Apartment Portfolio in Recapitalization Deal
Starwood Real Estate Income Trust (SREIT) said Wednesday it had acquired a multifamily portfolio of 15,460 units across 62 communities from San Diego-based Strata Equity… Read more
Tech Leads the Seattle Office Rent Growth Charge
Tech industry expansion is driving office market rent growth in North America’s tech hubs, according to CBRE’s annual Tech 30… Read more
Morgan Properties Pays $781M for Two Portfolios with Four FL Multifams amid 18 Communities
Morgan Properties has paid $780.5 million for two portfolios encompassing 18 apartment communities and 4,724 units in four Sunbelt states,… Read more
Morgan Properties Pays $781M for Two Portfolios with 14 SE Multifams amid 18 Communities
Morgan Properties has paid $780.5 million for two portfolios encompassing 18 apartment communities and 4,724 units in four Sunbelt states,… Read more
Dilweg Appoints Thorne Gregory Managing Director, Equity Capital Markets
Dilweg has hired Thorne Gregory, Jr., as managing director, equity capital markets. He will be responsible for investor client relationship… Read more