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Raleigh-Durham


TODAY’S DEALS: Berkadia Secures $107M in Multi-Layered Financing for Portfolio of Las Vegas Properties

TODAY’S DEALS: Berkadia Secures $107M in Multi-Layered Financing for Portfolio of Las Vegas Properties

Berkadia Commercial Mortgage arranges $102.9 million in financing for Angelo, Gordon & Co. and Interwest; Gelt Inc. wraps up its first purchase in Utah; and Wells Fargo provides $26 million for a mixed-use development in Raleigh, N.C. …

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Q&A with Adam Dunn and Tripp Bell, Founders of The Building, Land & Development Group in Raleigh

Q&A with Adam Dunn and Tripp Bell, Founders of The Building, Land & Development Group in Raleigh

Adam Dunn and Tripp Bell recently launched The Building, Land & Development Group (BLDG US) based in Raleigh, NC.…

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Wood Partners Plans 215-Unit Multi-Family Complex in Raleigh; Design Commission Tests New Zoning Rules with Major Apartment Project in Chapel Hill

Wood Partners Plans 215-Unit Multi-Family Complex in Raleigh; Design Commission Tests New Zoning Rules with Major Apartment Project in Chapel Hill

A new five-story apartment building could soon rise at 616 Oberlin Road in Raleigh’s Cameron Village neighborhood.…

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Giant HCL Tech Outsourcing Project Adds 1,237 Jobs in Wake County

Giant HCL Tech Outsourcing Project Adds 1,237 Jobs in Wake County

Another good news headline for Cary! Global IT services provider HCL Technologies is planning to expand its existing development center in Wake County and create an additional 1,237 jobs there by the end of 2018.…

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Kane Realty Celebrates Construction Start on $90M Spec Office Project in Raleigh

Kane Realty Celebrates Construction Start on $90M Spec Office Project in Raleigh

On September 9, Kane Realty Corp. held a groundbreaking ceremony for its next major office building at North Hills in Raleigh.…

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Highwoods Properties Invests $92M in Acquisition and Renovation of Iconic Office Tower in Raleigh

Highwoods Properties Invests $92M in Acquisition and Renovation of Iconic Office Tower in Raleigh

In a $92.3 million deal, Highwoods Properties has acquired another landmark property in downtown Raleigh, namely the One Bank of America Plaza, a 17-story, 374,000-square-foot multi-tenant office building at 421 Fayetteville St.…

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The Dilweg Companies Buys 12 Triangle Office Buildings from Beacon Partners for $89.5M

The Dilweg Companies Buys 12 Triangle Office Buildings from Beacon Partners for $89.5M

In its largest acquisition to date, The Dilweg Companies has purchased a portfolio of 12 office buildings in the Triangle area.…

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Wheelock Street Capital Acquires 316-Acre Master-Planned Community from NVR; New Student Housing Project Rising in Winston-Salem

Wheelock Street Capital Acquires 316-Acre Master-Planned Community from NVR; New Student Housing Project Rising in Winston-Salem

Wheelock Street Capital of Greenwich, Connecticut has acquired the 316-acre master-planned community of Jordan Pointe in Apex from national home-building holding company NVR, Inc., the parent company of NVHomes and Ryan Homes.…

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Brookline Investment Group Acquires 236-Unit Multifamily Community in Durham for $23.6M; Investcorp Pays $84M for RTP’s Meridian Business Campus

Brookline Investment Group Acquires 236-Unit Multifamily Community in Durham for $23.6M; Investcorp Pays $84M for RTP’s Meridian Business Campus

Brookline Investment Group of Aliso Viejo, California is now the new owner of the newly renovated Yorktown Club apartment community in Durham.…

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New York Investors Acquire Research Tri-Center Industrial Park in Record $115M Deal

New York Investors Acquire Research Tri-Center Industrial Park in Record $115M Deal

An institutional real estate investment group represented by Clarion Partners of New York has acquired Durham’s Research Tri-Center industrial park, the largest property of its kind in the Triangle.…

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164-Key Hyatt Place Hotel Opens in South Durham; Historic Property Conversion in Mebane to Bring 157 Apartments

164-Key Hyatt Place Hotel Opens in South Durham; Historic Property Conversion in Mebane to Bring 157 Apartments

A new limited-service Hyatt Place hotel is now open for business near Southpoint mall in Durham.…

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Highwoods Properties Sells RTP Office Complex for $58.7M

Highwoods Properties Sells RTP Office Complex for $58.7M

In its second quarter earnings report, Highwoods Properties has announced the sale of the Research Commons Office complex in Research Triangle Park. The property, which consists of five buildings and a 13-acre future development site, sold to an undisclosed buyer for $58.7 million.…

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