Multifamily news in Raleigh-Durham
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Top 5 Southeast Markets for Multifamily Deliveries in 2019
Developers added more than 35,000 units to the region’s inventory over the past year, with even more on the way for 2020.
18 February 2020 11:52 -
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 -
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.
28 January 2020 14:59 -
Raleigh Multifamily Report – Fall 2019
Fueled by a strong economy and sustained demographic expansion, the Triangle’s multifamily market remains one of the fastest-growing major metros in the U.S.
14 January 2020 13:00 -
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 -
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.
18 December 2019 17:56 -
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 -
Raleigh Student Housing Assets Change Hands
The Priess Co. has sold a portfolio of three communities totaling 890 beds to a Chicago-based firm.
03 October 2019 15:12 -
TruAmerica Buys Multifamily Portfolio for $109M
The firm purchased three properties in Raleigh, N.C., marking its first acquisition in the state.
11 September 2019 14:52 -
Raleigh Multifamily Report – Summer 2019
Population growth, coupled with proximity to higher education and a bustling tech sector, has spurred strong rent increases in the metro.
29 August 2019 10:20