North Carolina
Seattle Maintains Top Office Investment Crown in IPA Report
New research by Marcus & Millichap’s Institutional Property Advisors (IPA) division shows the U.S. economy remains structurally positioned for growth… Read more
BB&T, SunTrust’s $66B Merger Creates 6th Largest U.S. Bank Holding Company
The boards of SunTrust Banks, Inc. and BB&T Corporation unanimously approved an agreement to combine in an all-stock merger of… Read more
Johnson Development Enters Austin with 530-Acre Master-Planned Community Buy
Johnson Development Corp. has closed on its first Austin-area master-planned community, Bryson in Leander. The Houston-based investor acquired the 530-acre… Read more
Walden Snags 18-property Southeast MF Portfolio
Atlanta-based Varden Capital Properties divested an 18-property, 1,858-unit portfolio of apartment communities throughout the Southeast. The Walden Group acquired the… Read more
Welltower Claims 12-Market Hammes MOB Portfolio for $400M
The Hammes Medical Office Portfolio, a 979,000-square-foot, geographically-diverse collection of 23 Class A medical outpatient properties, has traded hands for… Read more
Broadstone Bags 18-Building Elliott Bay MOB Portfolio
Rochester, NY-based Broadstone Net Lease bought the Elliott Bay National Medical Office Portfolio, an 18-building portfolio of outpatient facilities leased… Read more
Financing and Multifamily: Q&A with Hunt Real Estate Capital’s Kevin Chadwick
There is a lot to discuss when it comes to multifamily and financing. Sustained demand, combined with macro issues, place… Read more
Estates at San Antonio Sells to Preiss Co.
The Preiss Co. acquired the Estates at San Antonio, a 288-bed, 102-unit, 58-building, off-campus student-housing complex that serves students attending… Read more
CBRE Global Investors Acquires Charlotte’s SkyHouse Uptown for $190M
Los Angeles-based CBRE Global Investors acquired SkyHouse Uptown, two 24-story apartment towers in Charlotte’s popular Fourth Ward, from Novare Group… Read more
Waterton Acquires Four-Property NC MF Portfolio for $169M
Chicago-based Waterton acquired a four-property residential portfolio totaling 1,148 units in North Carolina for reportedly in the neighborhood of $169… Read more
Are Hotels Getting into Co-Working?
Hotel amenities for business travelers vary from full-fledged business centers (complete with computers, printers and free WiFi), to lobbies conducive… Read more
Charlotte’s Capitol Towers Claimed for $209M
Preferred Office Properties purchased Capitol Towers, two newly-constructed 10-story office towers totaling 477,704 square feet in Charlotte, NC from Lincoln… Read more
Opportunity Zone Funds Come in Different Shapes and Sizes
The Dec. 3 update of Qualified Opportunity Zone funds, compiled by the National Council of State Housing Agencies (NCSHA), lists… Read more
The Billion Dollar Club: 2018’s Most Expensive Healthcare Development Projects
In 2018, 12 hospitals and health systems announced or unveiled facility expansions and renovations with price tags of $1 billion… Read more
So What Exactly are Opportunity Zones, and Where are They Located?
Part One of a three-part series By Dave Sorter Opportunity Zones have been a hot-button topic in the real estate… Read more
Charlotte Apartments Divested for $130M
Chevy Chase, MD-based FCP and Terwilliger Pappas Multi Family Partners completed two separate multifamily sale transactions in Charlotte, NC totaling $128.6 million.… Read more
Healthcare Real Estate Insights Names 2018 Award Winners
Healthcare Real Estate Insights™ announced the winners of the 2018 HREI Insights Awards™, the only national awards dedicated to recognizing… Read more
$250M Seaboard Station MXU Planned in Raleigh, N.C.
Washington, D.C.-based PN Hoffman acquired Seaboard Station in Raleigh, NC from William Peace University for a reported $34 million. The… Read more
Deloitte to Anchor Uptown Charlotte MXU Development
Lincoln Harris signed an anchor lease with Deloitte for the 18-story 650 South Tryon, the second phase of its transformational Uptown… Read more