Finance & Investment - Raleigh-Durham
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Raleigh-Durham Multifamily Wrap-Up – April 2020
RST Development pays $66 million for Durham asset. DeWitt Carolinas grabs construction financing. Here is our April selection of Raleigh-Durham must-knows.
08 May 2020 06:08 -
RST Development Acquires Durham Asset for $66M
The property is located within the Croasdaile Farm master-planned community in the submarket of North Durham.
24 April 2020 12:49 -
North Carolina Community Changes Hands
The Class A multifamily property came online in 2019 and includes 5,000 square feet of coworking office space.
31 January 2020 16:16 -
Raleigh Senior Living Asset Trades for $31M
Buyer Green Courte Partners plans to convert the recently completed property to a full-service independent living community.
09 January 2020 16:16 -
Durham Condos Land $11M Construction Loan
The two-year mortgage will finance the development of 25 townhomes close to the city’s downtown.
09 January 2020 07:12 -
Lexerd Expands North Carolina Footprint
The firm's purchase of Ashford Lakes in Hillsborough, N.C., represents its second investment in the area.
08 January 2020 14:18 -
Dasmen Residential Pays $30M for Durham Community
The new owner plans to begin capital improvements to update the 26-building property's units and common areas.
09 December 2019 12:57 -
Ginkgo Residential Buys Back Durham Property
A NKF team of Alex Okulski, Jason Kon, John Munroe, Sean Wood, John Heimburger and Dean Smith brokered the sale of 501 Towns.
25 November 2019 17:13 -
Magma Equities Buys Value-Add Asset in Raleigh
The multifamily investment firm scooped up a 199-unit community neighboring North Carolina State University.
12 November 2019 14:12 -
Nuveen Expands North Carolina Portfolio
The firm picked up Bell Wakefield, a 360-unit property, for $70.6 million.
25 October 2019 14:14 -
$300M Multifamily Fund Reaches 1st Close
Atlantic | Pacific Real Estate Group and Blue Arch Advisors have scored $140 million of equity commitments for the vehicle.
23 August 2019 18:22 -
Cedar Grove Capital Buys North Carolina Community
Greystone provided the buyer with $13.2 million in Freddie Mac financing for the 144-unit multifamily asset.
16 August 2019 18:25 -
Riverpoint Partners Buys Raleigh Property for $11M
The firm has expanded its footprint with the acquisition of a 56-unit, boutique community located within less than 1 mile of the city’s downtown.
09 August 2019 15:27 -
KETTLER Pays $119M for Raleigh-Area Apartments
Pacific Life Insurance provided the buyer of the newly completed 493-unit Class A multifamily asset with $76 million in acquisition financing.
08 August 2019 14:02 -
Public-Private Partnership Kicks Off Durham Project
DHIC, Self-Help and local authorities broke ground on Willard Street Apartments, downtown’s first newly constructed, fully affordable community for households earning 60 percent or less of the area’s median income.
18 July 2019 13:27