Raleigh
Core Spaces Helming 2,195-Bed Housing Property Near NC State
Core Spaces and TPG Real Estate are co-developing the Hub Raleigh, a 665-unit, 2,195-bed student housing property in Raleigh, N.C.… Read more
TradeMark Picks Up Raleigh Office Asset
A commercial real estate firm has made another investment in North Raleigh with its latest purchase of an office building.… Read more
Multifamily Rent Growth Rate Ticks Upward in July
Consistent economic growth and demographic trends sustained multifamily demand at the start of 2024’s third quarter, Yardi Matrix said Thursday.… Read more
JV Delivers 288-Unit Raleigh Rental Project
A joint venture between Origin Investments, Spandrel Development Partners, and Capital City Urban Development has completed the first phase of… Read more
Lion Expands Nashville Apartment Portfolio
Lion Real Estate Group acquired Bradford Woods, a 312-unit multifamily property in Nashville. The latest purchase increases the company’s stake… Read more
Highly Rated Raleigh Assisted Living Community Sells for $26.2M
Focus Healthcare Partners acquired Treeo Senior Living for $26.2 million. Columbia Pacific Advisors was the seller. The Triangle Business Journal… Read more
Residential Rents Post 11th Consecutive Monthly Decline
Rents for residential units fell again in June, with especially large declines in the South, where there’s been an influx… Read more
Raleigh Mixed-Use Highrise to Open in Early 2025
Capital Square will open its 20-story mixed-use building at the corner of Dawson and Lenoir streets near Red Hat Amphitheater in February… Read more
Spruce Properties Partners with New Urban Residential on MF Investment
Spruce Properties and New Urban Residential have announced a partnership to enhance value for investors at their existing properties and… Read more
Raleigh Developer Exploring 700-Unit Rental Community
The Halle Companies is looking to rezone about 20 acres at 5009 Louisburg Road in Northeast Raleigh to develop a… Read more
Mixed-Use Project Planned Near Old Raleigh Train Depot
The site where the Downtown Raleigh train station once stood has been rezoned and is primed for redevelopment. North Carolina… Read more
Hoffman & Associates Appoints New CEO
Hoffman & Associates has appointed Brian Dawson as its new Chief Executive Officer. Mark Dorigan, who previously served as Hoffman & Associates’ Chief… Read more
Report: Five Lab Sector Trends Point to Opportunity
Life sciences real estate has struggled in recent years due to falling demand, increased deliveries of space and a decline… Read more
Eastgroup Pays $54M for Durham Warehouse
Publicly traded Eastgroup Properties (NYSE: TPX) announced it purchased a 275,000-square-foot newly constructed industrial property just outside Raleigh for approximately… Read more
Construction Supplier Building $83M Selma Plant
Crystal Window & Door Systems, a manufacturer of replacement and new construction windows, plans to establish manufacturing operations in Selma at… Read more
Driftwood Adds Research Triangle Marriott to Portfolio
Driftwood Capital acquired the Marriott Raleigh Durham Research Triangle Park, a 225-key full-service, hotel located in North Carolina’s Research Triangle… Read more
BWE Secures Financing for Midwest Affordable Housing Properties
BWE closed the three financings totaling over $31 million to finance three multifamily affordable housing properties, including two located in… Read more
GoodHomes Converting Triad Hotel to Apartments
Forman Capital provided a $9.41 million construction loan to a developer who will convert a vacant hotel into an apartment… Read more
Co-Warehousing Catching On in Raleigh
The co-warehousing trend seems to be catching on. The Raleigh Business Journal reports Blue Co. Warehousing is building a third… Read more