North Carolina
Hunt Provides $38M Acquisition Financing for Winston-Salem MF Property
Hunt Real Estate Capital has provided a $38.2 million Freddie Mac Conventional Lease-Up Multifamily loan to finance the acquisition of… Read more
North State Express Signs 157K-SF Industrial Lease in Durham
Cushman & Wakefield has arranged a 157,000-square-foot industrial lease for trucking company North State Express at Regional Commerce Center in… Read more
JLL Brokers Sale of 67K-SF Value-Add Office Property in Charlotte
JLL has brokered the sale of a 67,949-square-foot, value-add office property in Charlotte. The sales price was not disclosed. Located… Read more
Walker & Dunlop Provides $45M Financing for SE Multifamily Portfolio
Walker & Dunlop has provided $44.8 million in financing for the Ambling Portfolio, an eight-property, 741-unit multifamily portfolio in South… Read more
Fast Absorption of New Industrial Tempers Concerns About Oversupply
Developers completed construction of 289 million square feet of industrial and logistics real estate across the U.S. in 2019, but… Read more
Starwood REIT Snags Southeast Affordable Housing Portfolio for $461M
Starwood Real Estate Income Trust Inc. (SREIT) has acquired an 18-property, 3,336-unit affordable housing portfolio in Florida and North Carolina.… Read more
CushWake Brokers $34M Sale of Charlotte MF Community
Cushman & Wakefield has arranged the $33.5 million sale of The Flats at Arrowood, a 301-unit multifamily community in Charlotte’s… Read more
SREIT Acquires 3,300 Affordable Units in Southeast
Starwood Real Estate Income Trust (SREIT) acquired a stabilized Southeast affordable housing portfolio with 3,336 units across 18 Sun Belt… Read more
CushWake Secures 157K-SF Industrial Lease in Durham
Cushman & Wakefield has arranged a 157,000-square-foot industrial lease for North State Express, a trucking company that includes logistics, transport… Read more
Armada Hoffler to Develop Adaptive Reuse Project in Charlotte
Armada Hoffler Properties has announced plans to develop Chronicle Mill, a new adaptive reuse multifamily project in Charlotte. The total… Read more
Life Sciences: The Newest Recession-Resilient Space?
Industries ranging from genetic engineering, to medical technology development and manufacturing, to pharmaceutical research are broadly categorized as “life sciences.”… Read more
Merritt Properties to Develop 452K-SF Light Industrial Park in Wake Forest
Developer Merritt Properties has announced plans to build a 452,500-square-foot speculative light industrial business park in Wake Forest, NC. Located… Read more
Raleigh Industrial Portfolio Trades for $59M
JLL has arranged the $59 million sale of Northside Center, a 15-building light industrial and office portfolio in the Raleigh-Durham… Read more
PAC Snags 75K-SF Grocery-Anchored Shopping Center in Raleigh
Preferred Apartment Communities (PAC) has acquired Wakefield Crossing, a grocery-anchored shopping center in Raleigh. The sales price was not disclosed.… Read more
Cedar Grove Capital Snags Raleigh Apartment Community for $66M
Cedar Grove Capital has acquired Hawthorne Six Forks, a 471-unit apartment community in Raleigh for $66 million. The seller was… Read more
Avison Young Secures 168K-SF Industrial Lease in Charlotte
Avison Young has secured a 168,480-square-foot industrial lease in Charlotte, on behalf of real estate development and investment firm Scannell… Read more
Bridge Investment Group Acquires 227K-SF Office Portfolio Near Charlotte Airport
Bridge Investment Group subsidiary Bridge Office has acquired LakePointe Corporate Center 3 and 5, a two-building, 226,863-square-foot, office portfolio adjacent… Read more
Cohen Financial Secures $45M Refinancing for SE Retail Portfolio
National real estate capital services firm Cohen Financial has secured a $45 million loan to refinance a portfolio of six… Read more
Hines Opens Development Office in Raleigh
Privately-owned global real estate investment firm Hines has announced that it has opened a new investment and development office in… Read more