North Carolina
CBRE Brokers $33M Sale of Charlotte MXU Tower
CBRE has arranged the $32.7 million sale of Tranquil Court, a 62,983-sqaure-foot mixed-use office tower located at 2820 Selwyn Ave.… Read more
American Landmark Acquires 338-Unit Apartments in Charlotte
American Landmark Apartments has acquired V& Three, a 338-unit apartment community built in 2019 in the Autumnwood submarket of Charlotte.… Read more
CBRE Secures 7K-SF Office Lease in Uptown Charlotte
CBRE has secured a 7,442-square-foot office lease on behalf of tenant Preferred Parking Service at 128 S. Tryon in Uptown… Read more
TrueRate’s Dan Gorzycki on What’s Fueling the Build-to-Rent Boom
Capital markets veteran Dan Gorzycki heads the recently launched TrueRate Services, an online debt placement marketplace. The platform’s launch coincided with an upsurge of activity… Read more
Shamah Properties Adds Luxury Complex in Princeton
Shamah Properties acquired Copperwood Apartments in Princeton NJ, for $70.35 million. The seller wasn’t identified. The 153-unit luxury complex at 300 Bunn Dr. is located near downtown Princeton and Route 1. It was built in 2015. “Shamah Properties… Read more
Bellwether Enterprise Provides $38M Construction Loan for Workforce Housing Project in Charlotte
Bellwether Enterprise, the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc., has provided a $37.9 million construction… Read more
JLL Brokers $24M Sale of North Carolina Office Property
JLL has arranged the $24 million sale of 6501 Weston Parkway., a 93,582-square-foot office property in Cary, North Carolina. The… Read more
Four BTR Developments, Two States Add Up to $108M in Financing
Tower Capital arranged nearly $108 million in combined financing for four single-family build-to-rent (BTR) developments in two states. The larger… Read more
DivcoWest, Blackfin Acquire 384-Unit Raleigh MF Community
A partnership between DivcoWest and Blackfin Real Estate Investors has acquired The Proper, a 384-unit residential community located at 403… Read more
San Antonio Office Properties Breathe Easier with UL Rating
KBS recently committed to the verification of 16 million square feet of class-A office space in its client portfolio to… Read more
TCC to Develop 365K-SF MXU Project in Raleigh
Trammell Crow Co. has announced the start of construction on 400H, a 365,000-square-foot mixed-use development in Raleigh, N.C. TCC’s residential… Read more
CRC Acquires MF Property in Wilmington, N.C. for $76M
Continental Realty Corporation (CRC) has acquired The Reserve at Mayfaire, an upscale 264-unit community in Wilmington, N.C. The sales price… Read more
Charlotte Office Portfolio Trades for $78M
JLL has arranged the $78 million sale of Harris Corners, a three-building office portfolio in Charlotte. The portfolio consists of… Read more
JLL Income Property Trust Acquires SFR Portfolio for $560M
JLL Income Property Trust recently acquired an approximately 47 percent interest in a stabilized, core and geographically diverse single-family rental… Read more
Northwood Ravin Secures Refinancing for 823-Unit Charlotte MF Property
CBRE Capital Markets’ Charlotte Debt & Structured Finance team has arranged the refinancing of The Village at Commonwealth, an 823-unit… Read more
DFW/Arlington Top Labor Market Rankings
ThinkWhy recently released its U.S. labor market rankings following the news from the Bureau of Labor Statistics that the U.S.… Read more
The Leading Market for CRE Recovery is Not in the Sunbelt
“Nearly 17 months since the start of the coronavirus pandemic, the world is still working on a recovery,” reports Trepp’s… Read more
Barings Taps Maureen Joyce as Head of U.S. Real Estate Equity Asset Management
Global investment manager Barings has tapped Maureen Joyce as Head of U.S. Real Estate Equity Asset Management. Based in Charlotte,… Read more
U.S. Industrial Posts Absorption of 100M+ SF for Third Straight Quarter
U.S. industrial continues to prosper during the pandemic, posting 102.2 million square feet of positive net absorption for the third consecutive… Read more