South Carolina
PRC Secures $28M Financing for Development of Charleston MF Property
Phillips Realty Capital has secured $27.8 million in equity financing on behalf of Woodfield Development for the development of Morrison… Read more
Hamburger Chain Krystal Co. Files for Bankruptcy
Atlanta-based hamburger chain Krystal has filed for Chapter 11 Bankruptcy. The company reported assets between $10 million and $50 million,… Read more
CushWake Brokers $169M Sale of 1,544-Unit Southeast MF Portfolio
Cushman & Wakefield has arranged the $169 million sale of an eight-property, 1,544-unit portfolio in Georgia and South Carolina. National… Read more
Capital Square Launches OZ Fund to Develop Luxury Charleston Hotel
National real estate firm Capital Square has announced the launch of CSRA Opportunity Zone Fund IV. The project-specific opportunity zone… Read more
J.C. Penney to Shutter 6 Stores & Call Center
Plano, TX-headquartered J.C. Penney announced plans to close down six stores by the end of April, as well as a… Read more
Eller Capital Launches $50M MF Acquisitions Fund in Southeast
Private equity real estate investment firm Eller Capital Partners has announced the launch of a new multifamily acquisitions fund focused… Read more
CBRE Capital Markets Adds Sewell, Maston to Southeast Team
Jim Sewell and Erika Maston have been hired to CBRE’s Capital Markets team based in the firm’s Charleston office. The… Read more
Examining Supply’s Effect on U.S. Self Storage Industry
New supply is continuing to depress U.S. self storage street rates, which dropped in around 75% of the top U.S.… Read more
Q&A: Population, Job Growth Driving Southeast Multifamily Growth
Ongoing population growth has been fueling commercial real estate growth in the Southeast for the past several years, and the… Read more
CushWake Brokers Sale of 215-Unit MF Community in Greenville
Cushman & Wakefield has arranged the sale of Trailside at Reedy Point, a 215-unit apartment community in Greenville, SC. Marc… Read more
Fairstead Snags $160M National Housing Portfolio
Real estate investor, developer and owner Fairstead has acquired a 1,568-unit affordable housing portfolio with 16 properties in six states… Read more
Legislation Introduced to Reform Opportunity Zones Program
In the wake of criticism and media reports about potential abuses pertaining to the Opportunity Zone program, legislation has been… Read more
Essex Snags Pair of Seattle MF’s from Greystar for $133M
San Mateo, CA-based Essex Property Trust acquired two apartment assets in Seattle’s Fremont neighborhood from South Carolina-based Greystar. The deals’… Read more
Flagship Healthcare Acquires 57K-SF Medical Office Building in Columbia
Private healthcare real estate investment trust Flagship Healthcare Trust has acquired a 57,375-square-foot medical office building in Columbia, SC for… Read more
JLL’s Boston Office Closes $143M Sale of 50-Property National Healthcare Portfolio
Mindy Berman and Brannan Knott of JLL’s Boston office, along with Peter Bauman and Tivon Moffitt of the firm’s Phoenix… Read more
Blaze Partners Acquires 256-Unit MF Property in Charleston
Blaze Partners has acquired Planters Crossing Apartments, a 256-unit apartment community in North Charleston. The sales price and seller was… Read more
Continental Realty Acquires Hilton Head MF Community for $70M
Baltimore-based real estate investment and management company Continental Realty Corp. acquired The Bluestone, a 360-unit multifamily community in the Hilton… Read more
CushWake Arranges $60M Sale-Leaseback of 4-State Industrial Portfolio
Cushman & Wakefield has arranged the $60.2-million sale and leaseback of a seven-property industrial portfolio totaling 791,000 square feet in… Read more
Metro Greenville MF Property Trades for $29M
Full-service real estate investment, development and management firm RAS Realty Partners has sold Garden District Apartment Homes in Simpsonville, S.C.… Read more