North Carolina
HCP Announces Completion of 55+ Community in Myrtle Beach
Multifamily real estate investment and development firm Hudson Capital Properties (HCP) has announced the completion of Inspire Coastal Grand, a… Read more
Bellwether Closes Loans on Affordable Complexes in Chicago and Elsewhere
Bellwether Enterprise Real Estate Capital LLC recently closed four loan deals totaling $72,069,154 for affordable senior housing in Chicago, Franklin Park, and… Read more
Food Delivery Service is a Game Changer
Several minor league baseball teams have partnered with sEATz App this season as fans get back into stadiums. During the… Read more
JLL Secures 27K-SF Office Lease Near Raleigh
JLL’s Raleigh Agency Leasing team has secured a 27,400-square-foot lease with Korber Medipak Systems (Korber) at Peak City Business Park,… Read more
Institutional Managers Trim Their Sails but Stay the Course on Investments
There seems to be a disconnect between the recent announcements from major tech-sector employers (let’s label them Big Tech) and… Read more
California Population Increases But Less Than National Pace
The U.S. Census Bureau announced the U.S. population (308.7 million) and the statewide breakdown this week. While the state population… Read more
CA, NY, IL to Lose Congressional Seats, TX and FL to Gain in Census-Driven Reapportionment
Six states will pick up seats in the U.S. House of Representatives and seven will lose under the Congressional apportioning… Read more
Passco Companies, Kendra Scott Team Up for Move for Hunger
Six years ago, Passco Companies LLC launched its charitable giving program “Passco Gives Back” to empower its employees to support… Read more
Crescent Communities Expands into Build-to-Rent Single-Family
Charlotte-based Crescent Communities is expanding into the single-family, build-to-rent business. The product segment brand will be unveiled this summer, with… Read more
Deurbanization Means Two Different Things in Charlotte and San Francisco
On the question of office workers returning to the office as the economy reopens, Green Street’s view is that about… Read more
U.S. Governors Call for Priority on Zero Emission Vehicles
Gov. Gavin Newsom joined a bipartisan group of 12 U.S. governors calling for the Biden Administration to create a path… Read more
Broad Reach Retail Partners Acquires Grocery-Anchored Retail Center in North Carolina
Value-add owner and operator of shopping centers Broad Reach Retail Partners has acquired Henderson Pointe, a grocery-anchored retail property in… Read more
WNC Closes Its Largest Institutional LIHTC Fund to Date
WNC, based in Irvine, CA, announced today it has closed WNC Institutional Tax Credit Fund 50 LP (WNC Fund 50). The fund… Read more
Highwoods Properties to Acquire Five-Property Office Portfolio in Southeast
Highwoods Properties has agreed to acquire a four-property office portfolio in Charlotte and Raleigh and one mixed-use development site in… Read more
Middleburg Communities Names Reece Kimsey Principal
Vienna, VA.-based multifamily development, investment, construction and management company Middleburg Communities has promoted Reece Kimsey to principal. Kimsey has helped… Read more
Strategic Capital Partners Breaks Ground on $55M Industrial Project in South Carolina
Indianapolis-based developer Strategic Capital Partners (SCP) has broken ground on Rock Hill Commerce Center, a $55 million, multi-phase industrial development… Read more
Trez Capital Taps Caperton Putt as Managing Director in Atlanta
Private real estate lender Trez Capital has hired Capteron Putt as managing director of its Atlanta office. In his new… Read more
Raleigh Office Building Trades for $28M
JLL has arranged the $27.8 million sale of Trinity Place, a 113,368-square-foot, class A office building in Raleigh, N.C. Located… Read more
Early Movers in Single-Family Rental, Berkadia Now Sees Keen Investor Interest
Although single-family rental is not a new concept, interest in this product type has mushroomed over the past couple of… Read more