North Carolina
Crescent Communities Sells 344-Unit Apartment Community in Charlotte
Charlotte-based owner and developer Crescent Communities has sold Novel NoDa, a 344-unit mid-rise apartment community in Charlotte. The sales price… Read more
Vacasa Acquiring Wyndham Vacation Rentals in $162M Deal
Portland-based Vacasa is buying Wyndham Vacation Rentals for approximately $162 million. The transaction is expected to close this fall, and… Read more
North Carolina Life Science Portfolio Trades for $405M
Longfellow Strategic Value Fund has acquired a 1.34 million-square-foot life science portfolio in Research Triangle, NC for $405 million. The… Read more
Apartment Turnover Rate Continues to Fall; Lowest in Two Decades
New research by Los Angeles-based CBRE shows multifamily turnover, the percentage of total rented units not renewed each year, fell… Read more
Redwood Capital Claims 245-Unit MF Property in Charlotte
Chicago-based multifamily investment firm Redwood Capital Group has acquired the Lowrie, a 245-unit multifamily property in Charlotte’s upscale Ballantyne submarket.… Read more
NAI Carolantic Arranges $39M Sale of Raleigh Office Campus
NAI Carolantic Realty brokered the $39.7-million sale of the Northchase Executive Center, a two-building office campus in Raleigh. Located at… Read more
Pollack Shores Acquires 494-Unit MF Community in Charlotte
Multifamily developer and investment firm Pollack Shores Real Estate Group has acquired The Bryce North Charlotte apartments, a 494-unit apartment… Read more
Preferred Office Properties Snags 300K-SF Office Tower in Raleigh
Atlanta-based Preferred Office Properties has acquired CAPTRUST Tower, a 16-story, 300,389-square-foot office tower in Midtown Raleigh. The sales price was… Read more
CushWake Brokers $57M Sale of Suburban Charlotte MF Community
Cushman & Wakefield has arranged the $57.7 million sale of The Village at Lake Wylie, a 392-unit, gated apartment community… Read more
Duke Energy Expands Solar Energy Portfolio; Acquires 200 MW Holstein
Duke Energy Renewables, a subsidiary of Duke Energy, made its third solar generation facility purchase in Texas. The Charlotte, NC-headquartered… Read more
California Market Values Flatline Against Backdrop of U.S. Rent Growth Acceleration
U.S. rent values continued their growth streak, accelerating for the ninth-straight month, according to the June Zillow Real Estate Market… Read more
KDC Completes Construction on 205K-SF Office Building in Raleigh-Durham
Developer KDC has completed construction on the expansion of multinational investment banking company Credit Suisse’s office campus at Research Triangle… Read more
Global Mutual Claims 430K-SF Durham Office Portfolio
UK-based investment company Global Mutual has acquired Research Commons, a five-property, 429,758-square-foot office portfolio in the Raleigh-Durham metro. The sales… Read more
Midsize Cities Struggle to Keep Up with Larger Counterparts
The news about the economy is positive, overall. Unemployment continues low, while wages are moving up. The problem, however, is… Read more
Berkshire Residential Sells 12-Property Southeast MF Portfolio
Berkshire Residential Investments sold a 12-property multifamily portfolio totaling 3,904 units in six major U.S. metros. The sales price was… Read more
Seattle, Bay Area Remain Two Hottest Markets for Tech Talent
There is still time to join us tomorrow for Connect Bay Area at the Grand Hyatt San Francisco. Get more… Read more
Seyfarth Shaw Opens Charlotte Office
Law firm Seyfarth Shaw has opened an office in Charlotte, the firm’s first in the region. The location marks the… Read more
CushWake Brokers $49M Sale of Two North Carolina MF Communities
Cushman & Wakefield arranged the $49.5 million sale of The Madison and Southgate, two apartment communities in Greenville, NC. The… Read more
Ram Realty Claims 70K-SF Retail Center in Raleigh
Ram Realty Advisors acquired 601 Midtown, a 70,000-square-foot retail center anchored by Lifetime Fitness in Raleigh. The sales price was… Read more