Deals - Raleigh-Durham

Waterton Purchases NC Portfolio for $169M
The properties include Ashford Green and The Retreat at McAlpine Creek in Charlotte, Atria at Crabtree Valley in Raleigh, and Audubon Parc in Cary. 
Market Rate
Hudson Capital Properties Pays $55M for NC Community
Located in Cary, N.C., the 302-unit property will undergo extensive capital improvements across all units. The seller was White Oak Partners.
Market Rate
Magnolia Sells Raleigh Community After Short Hold
HFF marketed Stonehenge Apartments on behalf of the seller, which purchased the property last year for $56.7 million.
Market Rate

  • NC Community Sold for $38M

    Cushman & Wakefield represented The Sterling Group in the sale to Dasmen Residential.

    14 November 2018 18:38

  • StoneBridge Buys 346-Unit Durham Community

    HFF assisted with the sale and also worked on the new owner’s behalf to secure a $28.9 million Freddie Mac loan for the acquisition. TH Real Estate sold the garden-style asset.

    07 November 2018 10:49

  • Lantower Residential Pays $74M for Luxury NC Community

    An HFF team including Justin Good, Jeff Glenn, Caylor Mark and Allan Lynch marketed the newly built property on behalf of Woodfield Development.

    07 November 2018 10:44

  • Raleigh Community Trades for $24M

    Hawthorne Residential Partners sold the 184-unit asset two years after it acquired it for $15.5 million from Heritage Capital Group.

    06 September 2018 10:06

  • American Landmark Continues NC Expansion

    The company has acquired the 339-unit Sterling Town Center in Raleigh and the 312-unit Integra Springs at Kellswater in Charlotte. Both communities will undergo extensive renovations.

    03 September 2018 07:18

  • American Landmark Expands NC Footprint

    The Florida-based company teamed up with Electra America to acquire a three-property portfolio comprising more than 1,000 units. The new owners plan to invest up to $8 million in renovations.

    02 July 2018 13:48

  • 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