Multifamily news in Luxury Housing - Raleigh-Durham
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Kane Realty Reveals Raleigh Mixed-Use Project
The company will build a 200-unit Class A apartment community as part of a $1 billion innovation district in the city’s North Hills neighborhood.
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Bell Partners to Manage 8 More Communities
The company will operate Signature Property Group's existing apartments in North Carolina along with its future developments.
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Banner Real Estate Group Sells Raleigh Luxury Apartments
JLL Capital Markets represented the seller in its disposition of the 224-unit Lincoln.
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Raleigh-Durham Multifamily Wrap-Up – July 2020
Wood Partners starts two luxury projects. Alliance Residential sells property for $87 million. Catch up on our July list of Raleigh-Durham must-reads.
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Wood Partners Begins Research Triangle Luxury Project
First Citizens Bank is funding the 403-unit development with more than $45 million in construction financing.
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North Carolina Community Changes Hands
The Class A multifamily property came online in 2019 and includes 5,000 square feet of coworking office space.
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Luxury Senior Community Breaks Ground in Raleigh
The $80 million, 205-unit luxury senior living facility is the developer’s third Optimal Living-branded community. The project is slated for completion in late summer 2021.
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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.
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Zaremba Group Buys NC Community for $45M
The sale of the 191-unit luxury multifamily asset near Raleigh comes less than four months after the property opened its doors.
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Raleigh-Durham Community Sells for $38M
The deal marks Centennial Holding Co.’s second major sale of the year. The firm acquired the asset from Dominion Realty Partners in 2014 for $32.3 million.
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Wood Partners Opens NC Luxury Property
The developer broke ground on the nearly 300-unit project in 2017, financing construction through a $34 million loan from TD Bank.
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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.
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HFF Secures $50M Durham Acquisition Loan
The company debt placement team working on behalf of borrower Lantower Residential included Senior Directors Jamie Leachman and Roger Edwards.
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Work Begins on 318-Unit Luxury Community in NC
Dominion Realty Partners broke ground on The Residences at Shiloh Crossing in Morrisville. Capital Bank provided construction financing for the project.
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NC Community Receives $24M Refi
Signature Property Group secured the loan to refinance 119 South Apartments, a 264-unit Class A property located in Mebane.