Deals - Raleigh-Durham

  • Waypoint Buys NC Apartments

    The company acquired the 214-unit Capital Creek at Heritage, located in Raleigh's submarket Wake Forest, from TWO Capital Partners for $36.4 million.

    19 April 2018 16:13
  • JV Buys 176-Unit Raleigh-Area Senior Community

    Cushman & Wakefield brokered the sale of Woodland Terrace in Cary, N.C., comprising 104 independent living, 36 assisted living and 36 memory care units.

    17 April 2018 17:13
  • Raleigh-Area Property Trades for $43M

    The new owner, a joint venture between DRA Advisors and Fogelman Properties, plans to implement both in-unit and amenities upgrades.

    29 March 2018 09:23
  • Audubon Enters Raleigh-Durham Market

    The company acquired and rebranded a 501-unit Durham community and plans to invest $5 million in capital improvements.

    26 March 2018 13:58
  • PAC Sells $43M Suburban Raleigh Asset

    Built in 1997, the 328-unit Lake Cameron was the oldest property in the company's portfolio, having most recently traded in 2006 for just above half the current price.

    22 March 2018 13:30
  • JV Acquires Land for Senior Housing Project in Raleigh

    The fourth and final 8.5-acre parcel of the St. Albans at Midtown development has traded for $3.9 million. The new owners are planning to use the site for the construction of a 189-unit retirement community.

    14 March 2018 16:52
  • Hudson Capital Buys 512 Units in NC, GA

    The company purchased two communities—Cary Reserve at Weston and Willow Trail—for $66 million, with the aim of investing an additional $7 million for capital improvements.

    25 January 2018 17:48
  • JV to Invest $550M in National Portfolio

    Cortland Partners, Canada Pension Plan Investment Board and GIC plan to acquire and renovate 8,000 to 10,000 Class B multifamily units across the U.S.

    15 January 2018 16:44
  • Inland Group Lands $50M NC Community

    Inland Real Estate Acquisitions closed the purchase of a 304-unit community in Knightdale, N.C. Senior Vice President Mark Cosenza completed the deal with assistance from Brett Smith, assistant vice president & associate counsel of The Inland Real Estate Group.

    07 December 2017 15:55
  • Former Durham Hotel to Become 342-Unit Community

    Alliance Residential purchased Crown Park Hotel, the company’s first asset in the Triangle. Karl Hudson with Foundry Commercial represented the buyer in this $10.5 million transaction.

    29 November 2017 17:02
  • Beverly Hills Firm Enters NC Market With $37M Buy

    Peter Sherman, Craig Cadwallader, Grant Linderman and Sam Chow with Avison Young represented Inco Montera, the buyer of Woodfield Glen Apartments in Raleigh. ARA Newmark worked on behalf of the seller, Grayco Inc.

    02 November 2017 18:20
  • Cush & Wake Secures $22M NC Community Sale

    PRG Real Estate sold the 15 two-story buildings to Dasmen Residential. The community last traded in 2012, when PRG Real Estate purchased it for $13.6 million.

    16 August 2017 17:39
  • Taurus Snags $34M Raleigh Community

    Acquired from Chaucer Creek Capital, the 23-year-old property in the city's Northwest submarket is slated for a major makeover.

    15 August 2017 18:29
  • Taurus Lands First NC Property for $34M

    The investment firm purchased Olde Raleigh, a 228-unit community in Raleigh, N.C. Chaucer Creek Capital sold the asset after four years of ownership.

    14 August 2017 13:31
  • Venterra Realty Sheds $36M on NC Community

    The company acquired Chatham Pointe, a 255-unit community built between 2011 and 2015 in Cary, N.C. The asset includes a retail component as well.

    27 July 2017 17:27