Multifamily news in Market Rate Housing - Raleigh-Durham
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FCP, Kane Realty Sell Raleigh Mixed-Use Community for $236M
JLL represented the sellers in the disposition of The Dillon, which features residential, office and retail space.
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Raleigh Apartment Project Receives $29M Loan
Cadence Bank and Atlantic Bank provided construction financing for the 248-unit development.
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Cushman & Wakefield Arranges $33M Durham Sale
Watson Bryant, Paul Marley and Hunter Bowling facilitated the disposition of the 400-unit community on the city's northern side.
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StoneBridge Buys Raleigh Community
The Columns at Wakefield features 324 units and will undergo an extensive renovation by the new owner.
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FriedLam Partners Acquires 6 Southeast Properties
Cushman & Wakefield represented the two sellers whose combined portfolio in Georgia and North Carolina totaled 872 units.
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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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Round Hill Pays $49M for Suburban Raleigh Community
The company financed the purchase with a 12-year, $29.5 million Freddie Mac loan from Walker & Dunlop.
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Wood Partners Expands Research Triangle Portfolio
The developer broke ground on Alta Wren in Cary, N.C., a 250-unit community near the business, science and education hub.
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Hines JV to Develop North Carolina Mixed-Use Project
The development will be located adjacent to the American Tobacco Historic District in Durham, which will feature a 14-story residential building.
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RKW Residential Adds 5 Communities to Management Portfolio
The properties total more than 1,500 units and are located in North Carolina and Florida.
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Knightvest Capital Pays $42M for First Raleigh Asset
The 250-unit Ashton last changed hands for a little over $23 million in 2013.
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RST Development Acquires Durham Asset for $66M
The property is located within the Croasdaile Farm master-planned community in the submarket of North Durham.
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Jamestown JV Begins Adaptive Reuse Project in Raleigh
Phase I of Raleigh Iron Works will include renovation of the historic steel mills and the warehouses that were previously part of Peden Steel.
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Lexerd Expands North Carolina Footprint
The firm's purchase of Ashford Lakes in Hillsborough, N.C., represents its second investment in the area.
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Goldman Sachs Division Buys North Carolina Property
JLL’s Jeff Glenn, Justin Good, Allan Lynch, Caylor Mark and Andrea Howard acted on behalf of the seller.