North Carolina
RK Properties Snags MF Community in North Carolina for $47M
California-based multifamily owner-operator RK Properties acquired Bainbridge Lake Crabtree, a 200-unit mid-rise apartment community in Morrisville, NC for $46.5 million.… Read more
Seattle, Louisville, Indianapolis Rank Highest for Most Profitable Businesses
By Zoe Stutman Starting a business is no easy feat; in fact, it can be quite daunting juggling a host… Read more
U.S. Office Vacancy Decreased in Q2 2019
The latest research from Los Angeles-based CBRE shows show the U.S. office vacancy rate decreased during Q2 2019, by 10… Read more
Delinquency Rate Drops to Lowest Level in More Than 20 Years
The latest research by CoreLogic shows 3.6% of mortgages nationally were in some stage of delinquency, 30 days or more… Read more
Skender Completes Full Building Office Fit-Out for Retailer HQ
Skender, serving as general contractor, recently completed the interior renovation of the 40,000-square-foot headquarters of Vital Proteins, a private retailer… Read more
Carroll Sells Two Apartment Communities in North Carolina
Atlanta-based Carroll Organization completed the sale of two North Carolina apartment communities in separate transactions. The properties include Spring Forest,… Read more
Jim Dobleske Joining CBRE as Global President of Project Management
Los Angeles-based CBRE announced that Jim Dobleske will join the company this month as Global President of Project Management. A… Read more
Industrial Portfolio in Greensboro Trades for $49M
HFF arranged the $49.3 million sale of a three-building industrial portfolio in Greensboro. The 670,536-square-foot portfolio is located within McConnell… Read more
Duke University, McKinney Sign Office Lease Extensions at ATC in Durham
Duke University and advertising agency McKinney have extended their office leases at American Tobacco Campus (ATC) in downtown Durham. Together,… Read more
354-Unit Charlotte MF Development to Break Ground in July
Developer Northwood Ravin plans to break ground on 500 West Trade, a 354-unit multifamily development in Charlotte, NC. The planned… Read more
Eastdil Adds Capital Markets Veterans Silverman and McCoy
Eastdil Secured has hired capital markets veterans Will Silverman and Matt McCoy as managing directors. Silverman and McCoy will be… Read more
Medical Center in Charlotte Trades for $13M
Net lease brokerage firm Stan Johnson Company arranged the $13.6 million sale of a single-tenant medical center in Charlotte. Located… Read more
Fibrix Sells 310K-SF Portfolio in Sale-Leaseback Deal
Fibrix LLC sold a four-property, 310,000-square-foot Texas and North Carolina portfolio to STORE Capital. The deal, a sale/leaseback transaction, keeps… Read more
Crescent, Nuveen Nab 20-Story Charlotte Office Tower
Crescent Communities and Nuveen Real Estate acquired 101 North Tryon, a 20-story, 546,878-square-foot office tower in Charlotte as part of… Read more
CHP Acquires Winston-Salem Apartment Community for $6M+
Community Housing Partners (CHP) acquired Kensington Village, a 142-unit apartment property in Winston-Salem, NC for a sales price of $6.4… Read more
Colliers’ Carriero Shines Light on Seniors Housing Trends
Connect Healthcare chatted with Ken Carriero, national director and senior vice president of Colliers International’s National Seniors Housing Group. Read… Read more
RK Properties Acquires Charlotte Apartment Community for $57M
HFF arranged the $57.3 million sale of Solis Berewick, a 275-unit apartment community in southwest Charlotte. Located at 9550 Gannon… Read more
Knighthead Provides $34M for Raleigh-Durham Office Campus
Knighthead Funding provided a $34 million loan to Equator Capital Management for the conversion of a vacant outlet mall into… Read more
Cousins Signs 561K-SF Lease for BB&T, SunTrust Headquarters in Charlotte
Cousins Properties signed a 15-year, 561,000-square-foot lease for the proposed combined corporate headquarters of BB&T Corp. and SunTrust Banks Inc.… Read more