Multifamily news in Raleigh-Durham
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Raleigh-Durham Multifamily Report – Spring 2019
The metro's multifamily market is on the upswing, boosted by favorable demographic trends and a diversifying economy.
07 May 2019 12:57 -
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.
23 April 2019 14:46 -
Fairfield Residential Buys NC Community for $27M
Capital One originated nearly $22 million in Fannie Mae financing for the acquisition of the 266-unit, mixed-income Durham community.
23 April 2019 14:23 -
FCP Buys Raleigh Apartments for $33M
Seeing strong demand for workforce housing, the value-add investor plans capital improvements for the 279-unit community in the city's North Hills area.
26 March 2019 12:08 -
Why a Smart Business Strategy Includes the Triangle
What makes the Raleigh-Durham area great for investment, in addition to strong demographics and a healthy economy? NorthView Partners CEO Mark Barker shares the reasons behind the company's expansion plans in the market.
20 March 2019 14:30 -
Nuveen Real Estate Sells 336-Unit Raleigh Asset
The 14-building community changed hands for $46.1 million. The buyer used a $27.7 million loan originated by Prudential Financial to finance the acquisition.
21 February 2019 15:00 -
CBRE Secures $33M Acquisition Loan for New Durham Property
Chaucer Creek Capital is the new owner of 54 Station, a 264-unit community completed last year. The company plans to build an additional 24-unit building.
29 January 2019 13:16 -
Preiss Co., Nuveen Real Estate Buy NC Student Housing
The joint venture has acquired Signature 1505, a recently completed student housing community in Raleigh.
25 January 2019 12:45 -
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.
11 January 2019 09:17 -
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.
10 December 2018 16:54 -
Economic Growth Sustains Demand in Raleigh
With 7,400 multifamily units underway, the metro’s 2018 deliveries are likely to exceed last year’s and generate moderate rent growth, as well.
06 December 2018 13:58 -
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.
04 December 2018 15:19 -
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