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Oakwood, Mapletree Group Expand in Raleigh with Joint Venture Acquisition

Oakwood, Mapletree Group Expand in Raleigh with Joint Venture Acquisition

In a joint venture partnership with Singapore-based Mapletree Group, corporate housing leader Oakwood Worldwide has acquired a 300-unit apartment complex in Raleigh.…

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Developers Celebrate Groundbreaking of 164-Key Marriott Hotel at University’s Campus in Raleigh

Developers Celebrate Groundbreaking of 164-Key Marriott Hotel at University’s Campus in Raleigh

Construction on Raleigh’s new StateView Hotel at N.C. State University’s Centennial Campus is under way.…

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Blue Heron Buys Historic Boylan Apts. in Raleigh for $6.3M

Blue Heron Buys Historic Boylan Apts. in Raleigh for $6.3M

In a $6.3 million deal, an affiliate of Blue Heron Asset Management LLC has acquired the historic Boylan Apartments at the corner of Hillsborough Street and Boylan Avenue near downtown Raleigh.…

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Duke Realty Completes $1.1B Sale of Office Portfolio in Triangle, Three Other Markets

Duke Realty Completes $1.1B Sale of Office Portfolio in Triangle, Three Other Markets

Duke Realty Corp. has closed on the previously announced $1.12 billion disposition of its entire office portfolio in the Triangle and three other markets, including Nashville, St. Louis and South Florida.…

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PRG Buys 396-Unit Raleigh Apartment Complex, Plans Major Upgrades

PRG Buys 396-Unit Raleigh Apartment Complex, Plans Major Upgrades

PRG Real Estate has acquired The Falls Apartment Homes, a 396-unit garden-style apartment community in northwest Raleigh.…

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Q&A with Daniel Eller, President & CEO of Eller Capital Partners

Q&A with Daniel Eller, President & CEO of Eller Capital Partners

Eller Capital is committed to offering apartment units with modern, upscale finishes at an accessible price. This spring, the company has launched an incentive program for public employees.…

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Armada Hoffler Sells Newly Built Multifamily Property in Durham for $35.6M

Armada Hoffler Sells Newly Built Multifamily Property in Durham for $35.6M

Armada Hoffler Properties is selling the Whetstone Apartments community in Durham for $35.6 million to an undisclosed buyer.…

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21c Museum Hotel in Durham Welcomes First Guests

21c Museum Hotel in Durham Welcomes First Guests

The 21c Museum Hotel in the heart of downtown Durham is now open.…

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JHM Hotels Buys Embassy Suites in Raleigh, N.C. for $22M

JHM Hotels Buys Embassy Suites in Raleigh, N.C. for $22M

The 225-key Embassy Suites Hotel near Crabtree Valley Mall in Raleigh has a new owner.…

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Eller Capital Partners Acquires Value-Add Opportunity in Chapel Hill for $3.6M

Eller Capital Partners Acquires Value-Add Opportunity in Chapel Hill for $3.6M

Eller Capital Partners has recently acquired the Colonial Arms Apartments on Hillsborough Street in Chapel Hill. The company paid $3.6 million for the 41-unit, townhouse-style community, which it rebranded as 612 Hillsborough.…

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Out-of-State Investor Group Buys Crabtree Valley Office Building for $7M

Out-of-State Investor Group Buys Crabtree Valley Office Building for $7M

The five-story TrustAtlantic Bank office property at the corner of Glenwood Avenue and Creedmoor Road in Raleigh has a new owner.…

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Two Capital Breaks Ground on $30M Multi-Family Development in a Top 50 Master Planned Community

Two Capital Breaks Ground on $30M Multi-Family Development in a Top 50 Master Planned Community

Construction has begun on Capital Creek, a 214-unit multi-family complex within the Heritage master-planned community in Wake Forest.…

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