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Terwilliger Pappas & Federal Capital Partners Start Construction in Ballantyne Area

Terwilliger Pappas & Federal Capital Partners Start Construction in Ballantyne Area

The 194-unit apartment complex situated in the Ballantyne area of South Charlotte is ready to go under construction. Apartment developer firm Terwilliger Pappas Multifamily Partners and real estate investment firm Federal Capital Partners team up for the project.…

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Velocis Acquired Communications Hub in Charlotte for $10M

Velocis Acquired Communications Hub in Charlotte for $10M

Private equity real estate company Velocis acquires a telecom carrier hotel and data center located on 701 E. Trade St. Company’s latest acquisition is the second asset purchased in North Carolina after medical office complex, Sunset I & II.…

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Velocis Acquired Communications Hub in Charlotte for $10M

Velocis Acquired Communications Hub in Charlotte for $10M

Private equity real estate company Velocis acquires a telecom carrier hotel and data center located on 701 E. Trade St. Company’s latest acquisition is the second asset purchased in North Carolina after medical office complex, Sunset I & II.…

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DEAL OF THE DAY: New Construction Sells in the Carolinas

DEAL OF THE DAY: New Construction Sells in the Carolinas

Cushman & Wakefield closed two Class A communities in the Carolinas. …

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FelCor Sells Three Hotels to Repay Outstanding Debt

FelCor Sells Three Hotels to Repay Outstanding Debt

A real estate investment trust, owner of a diversified portfolio of upper-upscale and luxury hotels throughout the U.S., has recently announced the sale of three non-strategic assets.…

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DAC Grabs Fully Leased Portfolio at FedEx Ship Center

DAC Grabs Fully Leased Portfolio at FedEx Ship Center

An industrial real estate investment manager and operator just added a Charlotte-area light industrial park to its national portfolio.…

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Nutec Wraps Up Industrial Deal in Metrolina

Nutec Wraps Up Industrial Deal in Metrolina

A manufacturer of high temperature insulation fibers is expanding its business in the Charlotte metropolitan area.…

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Conn’s Expands in Tar Heel State

Conn’s Expands in Tar Heel State

A popular Lone Star State retailer celebrated Independence Day in style with the opening of two new stores in North Carolina.…

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Charlotte Seals Job Deals

Charlotte Seals Job Deals

Charlotte continues to be fertile ground for job creation, with corporate relocations and expansion bringing thousands of jobs to the Queen City.…

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Matthews ACTS on Expanding Senior Living in the Charlotte Area

Matthews ACTS on Expanding Senior Living in the Charlotte Area

Plantation Estates, one the most sought-after retirement communities in the greater Charlotte area is expanding and expanding big…

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New York Life Refinances Apartments for Praedium

New York Life Refinances Apartments for Praedium

By Eliza Theiss, Associate Editor New York Life Real Estate Investors has originated a $24.5 million mortgage on behalf of institutional investors for a 270-unit multifamily asset in North Charleston, S.C., the New York Life Insurance Co. subsidiary announced. The loan represents acquisition funding for The Praedium Group. According to…

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Independence Is Financed in Charlotte

Independence Is Financed in Charlotte

By Eliza Theiss, Associate Editor NorthMarq Capital has arranged acquisition financing for one of the biggest office transactions this year, intermediating a $79.8 million loan for the purchase of a highly-prized office tower in Charlotte’s CBD “Square.” The floating-rate transaction was arranged by Keith Braddish, managing director of NorthMarq Capital’s…

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