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Raleigh-Durham


City Approves Incentives for Mixed-Use High-Rise, Motel Conversion in Downtown Durham

City Approves Incentives for Mixed-Use High-Rise, Motel Conversion in Downtown Durham

Austin Lawrence Partners of Aspen, Colo. is planning the construction of a 26-story mixed-use tower in the heart of downtown Durham, as well as the renovation of the Jack Tar motel and parking garage on the next block.…

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Equus Capital Acquires Raleigh Multifamily Portfolio for $36M; State Denies Raleigh’s $38M Offer for Dorothea Dix Property

Equus Capital Acquires Raleigh Multifamily Portfolio for $36M; State Denies Raleigh’s $38M Offer for Dorothea Dix Property

Equus Capital Partners, a private equity firm based in Philadelphia, has recently acquired three multifamily properties in Raleigh from a joint venture of Silver Companies and McCann Realty Partners.…

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Raleigh Offers $38M for State-Owned Dorothea Dix Property Near Downtown

Raleigh Offers $38M for State-Owned Dorothea Dix Property Near Downtown

City leaders have offered the state $38 million for the purchase of the 308-acre Dorothea Dix property near downtown Raleigh. The move would allow local officials to move forward with their plans of turning most of the former psychiatric hospital campus into an urban park.…

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Northchase Office Park in Raleigh Welcomes New Tenant

Northchase Office Park in Raleigh Welcomes New Tenant

Phillips Architecture has recently relocated to the newly renovated Northchase office park on SIx Forks Road in Raleigh.…

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DeWitt Carolinas Announces $50M Luxury Multi-Family Project in Wilmington

DeWitt Carolinas Announces $50M Luxury Multi-Family Project in Wilmington

DeWitt Carolinas, Inc. of Raleigh has announced plans to develop a $50 million luxury apartment community along Port City Marina in downtown Wilmington. Construction is expected to begin this fall and be complete in about 16 months.…

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Officials Negotiate Incentives for Major Mixed-Use Project in Downtown Durham

Officials Negotiate Incentives for Major Mixed-Use Project in Downtown Durham

Austin Lawrence Partners of Colorado is planning to redevelop the Jack Tar Motel on Corcoran Street in downtown Durham and build a 26-story mixed-use tower at the site of the former Woolworth store across the street.…

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Raleigh Apartment Market Podcast

Raleigh Apartment Market Podcast

Pierce Eislen's Ron Brock Sr. and MHN's research editor Jack Kern discuss Raleigh-Durham apartment market fundamentals in this edition of our market research podcast hosted by senior associate editor Mike Ratliff. …

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Kisco Senior Living, Health Care REIT to Begin Construction on New CCRC in Raleigh

Kisco Senior Living, Health Care REIT to Begin Construction on New CCRC in Raleigh

Plans are moving forward for The Cardinal at North Hills, a long-delayed Continuing Care Retirement Community in Raleigh.…

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Trade Street to Acquire Pair of Luxury Apartment Properties

Trade Street to Acquire Pair of Luxury Apartment Properties

Trade Street Residential has announced that it plans to acquire two newly-built apartment communities with a combined 502 units. One asset is in Raleigh, N.C., the other is in suburban Atlanta.…

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New Hyatt Place Hotel Planned at Southern Village in Chapel Hill

New Hyatt Place Hotel Planned at Southern Village in Chapel Hill

A new five-story Hyatt Place hotel will soon rise at the Southern Village community in Chapel Hill. According to the Triangle Business Journal, Bryan Properties and its development partner, Beacon ING of Charlotte, have recently finalized a management agreement with the Hyatt Hotels Corp.…

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Award-Winning Heritage Community in Wake Forest Adds 61-Lot Neighborhood

Award-Winning Heritage Community in Wake Forest Adds 61-Lot Neighborhood

Ammons Development has opened 61 private, wooded lots at the Heritage Enclave neighborhood in Wake Forest to the public for presales. The Heritage Custom Builder team will begin construction on the new luxury community this spring.…

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Wood Partners Opens North Carolina Apartment Property

Wood Partners Opens North Carolina Apartment Property

The Bristol is now leasing in Morrisville, N.C. The 260-unit property was developed by Wood Partners as part of Park West Village, a 100-acre mixed-use development. …

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