North Carolina
Watermark Acquires Land for Charlotte Apartments
Watermark Residential, a wholly-owned affiliate of Thompson Thrift, acquired 15.9 acres in Charlotte for the development of Taylor Farms by Watermark. The resort-style… Read more
U.S. Jobless Claims Drop, California Reports Largest Increase
The U.S. Labor Department reported on Thursday that the number of Americans filing initial claims for unemployment insurance dropped to… Read more
CushWake Hires Singleton as Senior Director in Raleigh-Durham
Cushman & Wakefield has hired James Singleton as Senior Director in the firm’s Raleigh-Durham office. Singleton joins Cushman & Wakefield… Read more
Matthews Real Estate Brokers Sale of 752-Bed Student Housing Property in Tallahassee
Matthews Real Estate Investment Services has brokered the sale of Quantum at West Call, a 752-bed, 225-unit student housing community… Read more
Apartment Fundamentals Rebound from Shaky First Half of 2020
From the standpoint of investor demand, the apartment sector remains at or near the top of the class, rivaled only… Read more
Pandemic Ramps Up Already-Strong Life Sciences Demand
The pandemic has accelerated momentum in the U.S. life sciences industry, particularly amid the race to produce a COVID-19 vaccine,… Read more
Turnbridge Equities Acquires 180K-SF Office Tower in Durham
Turnbridge Equities has acquired Tower at Mutual Plaza, a 15-story, 180,000-square-foot office tower in Durham, N.C. The sales price was… Read more
Reliant Real Estate Snags 438-Unit Self-Storage Facility in North Carolina
Roswell, Georgia-based Reliant Real Estate Management has acquired Storage at 7275 Carolina Beach Road, a 438-unit self-storage facility in Wilmington,… Read more
Compass Group’s Madison Facilities Trade in All-Cash Deal
Stream Capital Partners, a national net lease and sale-leaseback advisory group, has arranged the sale of Compass Group’s industrial facility… Read more
CushWake Brokers $10M Sale of Charlotte MF Development Site
Cushman & Wakefield has brokered the $10.1 million sale of 36th & Tryon, two land parcels totaling more than three… Read more
Carolina Multifamily Portfolio Trades for $505M
Cushman & Wakefield has arranged the $504.5 million sale of a 31-property multifamily portfolio totaling 5,115 units in North Carolina… Read more
RKW Residential Hires Carlos Vilchez as COO
Charlotte-based multifamily property management firm RKW Residential has hired Carlos Vilchez as COO. Based in the company’s Miami office, Vilchez… Read more
Prudent Growth Partners Acquires Winston Salem Industrial Park for $3M
Chapel Hill-based private equity real estate firm Prudent Growth Partners has acquired a 51,450-square-foot industrial park in Kernersville, N.C. The… Read more
RealPage’s Greg Willett: “Apartment Demand is Back”
U.S. rental apartment leasing rebounded strongly in the third quarter, RealPage said Thursday. The occupied apartment count climbed by 146,517… Read more
Skanska Building Data Center in Hillsboro for Flexential
Skanska is building a $64-million data center in Hillsboro for Flexential Corp., a Charlotte, NC-based data center colocation, cloud and… Read more
PAC to Sell Student Housing Portfolio to TPG for $479M
Atlanta-based Preferred Apartment Communities has announced that it has entered into an agreement to sell its student housing portfolio to… Read more
Boulder Group Arranges $3M Sale of Net-Leased Retail Property in North Carolina
Net leased investment brokerage firm the Boulder Group has arranged the $3 million sale of a retail property net leased… Read more
Brennan Investment Group Hires Rob Gage as Senior VP of Carolinas
Private real estate investment firm Brennan Investment Group has hired Rob Gage as Senior Vice President of the Carolinas region.… Read more
JV to Develop 315-Unit MF Community in Raleigh
PCCP and Terwilliger Pappas Multifamily Partners have formed a joint venture to develop Solis Cameron Hills, a 315-unit multifamily community… Read more