Raleigh
Brazos Residential Grooves to $41M Purchase of 1970s Community in Wilson
Dallas, TX-based Brazos Residential, LLC, has completed its $41-million acquisition of the Wilson Woods Townhomes in Wilson, NC. The 1974-constructed,… Read more
Partnership Pays $70M for 344-Unit Residential Community in Cary
A partnership between Wellington, FL-based The Bainbridge Companies, LLC, and Austin, TX-based Virtus Real Estate Capital has secured $69.8 million… Read more
JLL Income Property Trust Acquires $15M Retail Center in Durham
JLL Income Property Trust has acquired Patterson Place a 25,000-square-foot retail center in Durham, NC for $14.5 million. The retail… Read more
Alternative Asset Classes Prove to be an Attractive Haven for Capital
A recent capital markets report from Colliers finds that alternative assets, once on the periphery of commercial real estate investors’… Read more
Highwoods Properties Closes $203M Buy of Legacy Union SIX50 in Charlotte
Raleigh, NC-based Highwoods Properties, Inc., has completed the acquisition of the 650 South Tryon building in Charlotte, NC for $203… Read more
CRC Acquires Residential Community in Downtown Raleigh for $37M
Baltimore, MD-based Continental Realty Corporation has acquired 800 St. Marys Apartments in the downtown Raleigh, NC neighborhood of Glenwood South… Read more
CRC Wraps Up Seventh NC Multifamily with $37M Raleigh Buy
Baltimore, MD-based Continental Realty Corporation has acquired 800 St. Marys Apartments in the downtown Raleigh, NC neighborhood of Glenwood South… Read more
Signature Signs Off on Transfer of $129M Fuquay-Varina Multifamily
Capstone Apartment Partners has closed the $129.3-million sale of Elevate Powell & Broad, a 384-unit new construction apartment in the… Read more
TerraCap Management Acquires Second Raleigh-Durham Mutlifamily
Naples, FL-based TerraCap Management LLC, has acquired The Lex at Brier Creek, a 1999-built, 346-unit apartment complex located in the… Read more
Concord Hospitality Secures $75M to Start Westin Hotel in Duluth’s Gas South
ACRES Capital Corp., has originated a $74.6-million loan to fund the construction of the Westin Gwinnett Hotel in Duluth, GA.… Read more
Magma Erupts in NC with $222M in 2022 Acquisitions; Latest is $18M Lincolnton Multifam
Magma Equities — in joint venture with Chapel Hill, NC-based Prudent Growth Partners — has acquired The Oaks Apartment Homes,… Read more
642-Unit Acquisition Brings Morgan Properties’ Fayetteville Portfolio to Five
Morgan Properties has acquired two Class A apartment communities totaling 642 units in Fayetteville, NC. Both properties, Westlake at Morganton… Read more
Cortland’s Portfolio Acquisition Brings Tally to 85K Units under Management
Atlanta, GA-based Cortland has acquired a portfolio of residential real estate properties across seven states, bringing the firm’s total number… Read more
Clear Path Asset Management Buys $9M Off-Market Office in Raleigh
JLL has closed the $9.3-million sale of 5520 Capital Center Drive, a fully leased office building totaling approximately 36,008 square… Read more
Magma Equities Spends $83M for Raleigh Multifamily in Off-Market Deal
Manhattan Beach, CA-based Magma Equities has acquired the Litchford 315 Apartments, a 240-unit multifamily community in Raleigh, NC, in an… Read more
Aventon Begins Construction on 293-Unit Apartment Community in Cary
Raleigh, NC-based Aventon Companies has broken ground on its second apartment community within the Raleigh-Durham-Chapel Hill metro. Aventon Kit Creek,… Read more
BREIT Completes $5.8B Deal for Preferred Apartment Communities
Blackstone Real Estate Income Trust (BREIT) completed its all-cash acquisition of Preferred Apartment Communities (PAC) on the scheduled closing date… Read more
Capital Square Begins Construction on $100M Mixed-Use in Raleigh
Glen Allen, VA-based Capital Square has broken ground on 320 West South Street, a mixed-use high-rise apartment tower located in… Read more
Capital Square Selects Raleigh for Site of $100M Mixed-Use
Glen Allen, VA-based Capital Square has broken ground on 320 West South Street, a mixed-use high-rise apartment tower located in… Read more