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Crescent Communities Breaks Ground on 63-Acre Mixed-Use Alexander Village in Charlotte

Crescent Communities Breaks Ground on 63-Acre Mixed-Use Alexander Village in Charlotte

Crescent Communities (formerly known as Crescent Resources) has announced breaking ground on the 63-acre health club-inspired Alexander Village.…

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New Apartment Projects Rumored in Charlotte

New Apartment Projects Rumored in Charlotte

New apartment project rumors have been abundant lately. Following Gvest Partners’ recent announcement of developing a $37 million 342-unit apartment complex in the artsy NoDa neighborhood of Charlotte, another hot Charlotte area could see a brand new apartment community.…

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$37M Apartment Complex Planned for NoDa, Speculative Office Space for Mooresville

$37M Apartment Complex Planned for NoDa, Speculative Office Space for Mooresville

Gvest Partners, LLC, a closely held real estate investment partnership that focuses on the acquisition, development and management of commercial real estate and renewable energy assets has announced plans for a $37 million apartment development in Charlotte.…

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SunTrust to Anchor 105,000-Sq.-Ft. Sharon Square Office Component

SunTrust to Anchor 105,000-Sq.-Ft. Sharon Square Office Component

Atlanta-based SunTrust Banks Inc. is consolidating its Charlotte area operation and has chosen Pappas Properties’ SouthPark mixed-use development as its future location.…

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Three Multifamily Communities Trade for $83M

Three Multifamily Communities Trade for $83M

Richmond, Virginia-based Landmark Apartment Trust of America, Inc. (LATA), has announced the acquisition of three Charlotte multifamily communities for an estimated $83 million. The three assets, Mallard Creek, Abbington Place and Ashley Court have a combined 795 units and are 93 percent occupied.…

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$20M ER Breaks Ground; Roby Commercial Completes VA Outpatient Clinic Renovation

$20M ER Breaks Ground; Roby Commercial Completes VA Outpatient Clinic Renovation

Carolinas Healthcare system broke ground on its newest free-standing ER facility. The new venture will rise on Rocky River Road in Harrisburg, Cabarrus County…

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Mixed-use Midtown Asset Sold for $94M; Suburban Medical Facility Trades for $14M

Mixed-use Midtown Asset Sold for $94M; Suburban Medical Facility Trades for $14M

Birmingham, Alabama-based Colonial properties Trust, Inc. has announced the sale of Metropolitan Midtown in Charlotte, North Carolina. The mixed-use property, developed in 2008 with Pappas Properties brought in sales proceeds of $94.4 million…

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Brookdale Senior Living Therapy Clinics Upgraded; Historic Building Becomes Medical Office Suite

Brookdale Senior Living Therapy Clinics Upgraded; Historic Building Becomes Medical Office Suite

Robycross, a national retirement community and healthcare center renovation company has announced completing renovation work started in mid-2012 on eight Brookdale Senior Living communities in North Carolina.…

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$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County

$16.5M Refinancing Set for The Village of Ballantyne; Library Plans Approved by County

Southwood Realty Company, Inc. a privately owned property management company headquartered in Gastonia, NC has secured first mortgage refinancing of $16.5 million for The Village of Ballantyne, Southwood’s 240-unit multifamily property located in Gastonia.…

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Carolina Pavilion Sold for $106M

Carolina Pavilion Sold for $106M

The start of a new year, as always, is the time of reports in the real estate industry. And so, DDR Corp., an owner and manager of value-oriented shopping centers in the Americas has as also released its sales and acquisitions activity report for the fourth quarter of 2012.…

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Regency Buys Interest in Philips Place; 476-Unit Apartment Community Sold in $95M Portfolio

Regency Buys Interest in Philips Place; 476-Unit Apartment Community Sold in $95M Portfolio

Regency Centers Corporation ended December like most of us: on a shopping spree. Regency, a national owner, operator, and developer of grocery-anchored and community shopping centers acquired four shopping centers in the last month of November, at a total purchase price of $188.5 million.…

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Crescent Resources Announces $36M Student Housing Project

Crescent Resources Announces $36M Student Housing Project

Charlotte-based real estate development company Crescent Resources has announced Circle University City, a 546-bed student housing project near the University of North Carolina (UNC) Charlotte campus. onstruction one the $36 million is set to start by December 23rd. Continue reading

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