Raleigh
Duke Footballer Turned CRE Owner Named to ACC Honors Class of 2021
Anthony Dilweg, former Duke University quarterback and founder of Durham-based Dilweg real estate investment firm, was honored prior to kickoff… Read more
JLL Arranges $690M Financing on BREIT Industrial Portfolio
A Dallas-based JLL Capital Markets team arranged a $690-million financing on behalf of Blackstone Real Estate Income Trust for a portfolio of… Read more
Austin Ranks in 2021 STEM Job Growth Index’s Top 10
RCLCO Real Estate Consulting recently unveiled the results of its 2021 STEM Job Growth Index (STEMdex), which projects which metro… Read more
Latest Transaction Brings Trinity Capital’s Eastgate 540 Sales Tally to $182M
Trinity Capital Advisors has closed on two buildings totaling 240,067 square feet at Eastgate 540, an industrial park in the Raleigh… Read more
CPP Purchases $26M Raleigh Multifamily for Affordable Housing Program
Community Preservation Partners has acquired Chandler Ridge Apartments, a 228-unit mixed-income community in Raleigh, NC, for $26 million. The organization… Read more
J. Scott Adams Named Executive Managing Director for Colliers Virginia, Raleigh
Colliers has appointed J. Scott Adams executive managing director for the company’s Virginia and Raleigh brokerage operations. Adams will focus… Read more
Highwoods Properties Releases Two Atlanta Office Buildings for $67M
Highwoods Properties, Inc., has sold two Atlanta office buildings for a combined $68.6 million The asset at 5405 Windward Parkway… Read more
RESICAP, Rockpoint Venture Aims to Acquire Additional $2.5B of SFRs
Atlanta, GA-based single-family rental services firm RESICAP and real estate private equity firm Rockpoint Group have committed to a series… Read more
Highwoods to Begin $94M GlenLake III Development in Raleigh
Highwoods Properties, Inc., is set to begin construction of GlenLake III in Raleigh, NC. The multi-customer development will encompass 218,000… Read more
Tech Sector Leads Rebound in U.S. Office Demand
The tech industry led a rebound in U.S. office-leasing activity in 2021, fueled by increased hiring and demand for tech… Read more
Blue Heron Sells Raleigh-Durham Apartments for Company Record of $122M
Blue Heron Real Estate Opportunity Fund III has closed on the sale of the Indigo Apartments, a 489-unit, 2005-built multifamily… Read more
Ivanhoé Cambridge Invests $150M With Mount Auburn Multifamily
Ivanhoé Cambridge is expanding its relationship with Mount Auburn Multifamily by investing $150 million of preferred equity directly into the… Read more
JLL Brokers $24M Sale of North Carolina Office Property
JLL has arranged the $24 million sale of 6501 Weston Parkway., a 93,582-square-foot office property in Cary, North Carolina. The… Read more
DivcoWest, Blackfin Acquire 384-Unit Raleigh MF Community
A partnership between DivcoWest and Blackfin Real Estate Investors has acquired The Proper, a 384-unit residential community located at 403… Read more
TCC to Develop 365K-SF MXU Project in Raleigh
Trammell Crow Co. has announced the start of construction on 400H, a 365,000-square-foot mixed-use development in Raleigh, N.C. TCC’s residential… Read more
DFW/Arlington Top Labor Market Rankings
ThinkWhy recently released its U.S. labor market rankings following the news from the Bureau of Labor Statistics that the U.S.… Read more
BentallGreenOak Acquires Seven-Building Industrial Portfolio in Raleigh-Durham
Global real estate investment management advisor BentallGreenOak has acquired Eastgate 540, a seven-building industrial park in the Raleigh-Durham submarket. Originally… Read more
Multifamily REITs Independence, Steadfast Strike $7B Merger Agreement
Independence Realty Trust, Inc. (IRT) and Steadfast Apartment REIT, Inc. (STAR) said Monday afternoon that they had agreed to merge, with… Read more
Magma Equities Acquires Duke Student Housing Property for $42M
Multifamily investment firm Magma Equities, in partnership with Viking Partners, has acquired University Apartments, a 359-unit apartment community located in… Read more