North Carolina
Avanath, Opportunity Assets Group Launch $300M QOZ Fund
Irvine, CA-based Avanath Development, LLC and Opportunity Assets Group, LLC launched a Qualified Opportunity Zone Fund with a target raise… Read more
Berkadia: Student Housing & Opportunity Zones
Opportunity Zones and their properties might conjure up visions of lower-income housing or retail establishment in and around urban cores.… Read more
Colliers Expands to Charlotte Via Affiliate Acquisition
Colliers International Group Inc. acquired affiliate Colliers Charlotte to further augment Colliers’-owned operations by adding service capabilities in one of… Read more
Bellwether Closes Nearly $50M in Loans for Diverse Mix of Assets
Cleveland-based Bellwether Enterprise Real Estate Capital LLC closed five loans totaling $48 million for retail, office, and mixed-use residential properties… Read more
2019 MOB Construction Forecast
Medical office building construction exceeded 12 million square feet in 2018, the highest total since 2009. But this year, despite… Read more
Asana Partners Closes $800M Retail Fund
Charlotte, NC-based Asana Partners closed its second value-add fund, Asana Partners Fund II, LP with $800 million in equity commitments.… Read more
W. P. Carey Completes $188M in Investments
New York-based W. P. Carey Inc. completed five investments across multiple state totaling roughly $188 million. The investments comprise mission-critical… Read more
Can Artificial Intelligence Freshen Up Your Groceries?
By Dennis Kaiser A growing list of the U.S.’s biggest grocery chains are tapping into artificial intelligence as a way… Read more
Slowdown in Home Price Growth Comes to Chicago
Chicago home price increases have begun to lag after nearly a year of steadiness amid declining annual gains nationally. The… Read more
Cousins, TIER REIT Combine in $7.8B Deal, Create 21M-SF Sun Belt Portfolio
Atlanta-based Cousins Properties is merging with Dallas-based TIER REIT, Inc. in a 100% stock-for-stock transaction. The deal will create a… Read more
Lincoln Harris Unveils Bold Vision for Trendsetting Charlotte MXU
Lincoln Harris plans a major renovation for Phillips Place, a ground-breaking SouthPark mixed-use development that changed the Charlotte, NC retail… Read more
Top Broker Honorees: David Burden and Tom Berarducci
Colliers International’s David Burden and Tom Berarducci had an exceptional year in 2018, closing 94 office leasing transactions totaling more… Read more
Pacer, Drake JV Claims 1.5M-SF North Carolina Distribution Facility
A joint venture between Pacer Partners and Drake Real Estate Partners acquired a 1.5-million-square-foot industrial building in Greensboro, NC from… Read more
U.S. Overall Delinquency, Foreclosure Rates Lowest Since at Least 2000
CoreLogic’s latest Loan Performance Insights Report shows 4.1% of mortgages nationally were in some stage of delinquency in December 2018,… Read more
Brisk Job Growth Spurs U.S. Office Market Demand, Yardi Matrix Reports
A new report from Yardi Matrix shows that the U.S. office market is continuing its strong performance into 2019. Asking… Read more
Amherst Residential Pays $404M for SFR Portfolio
Amherst Residential LLC of Austin closed on the purchase of 2,400 single-family rental properties, over several transactions valued at $404.1… Read more
Avanath Launches Multifamily Development Group
Irvine, CA-based Avanath Capital Management, LLC launched a new entity focused on new multifamily development opportunities. The group will initially… Read more
Investcorp Acquires Eight U.S. MF Assets for $330M
Bahrain-based alternative investment manager Investcorp’s U.S.-based real estate investment team acquired eight new multifamily properties. The 2,510-unit portfolio was purchased… Read more
PGIM Provides Record $18B in Financing in 2018
Chicago-based PGIM Real Estate Finance originated a record $18.1 billion in financing in 2018, led by record production in multifamily and… Read more