Multifamily news in Raleigh-Durham
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Cush & Wake Secures $22M NC Community Sale
PRG Real Estate sold the 15 two-story buildings to Dasmen Residential. The community last traded in 2012, when PRG Real Estate purchased it for $13.6 million.
16 August 2017 17:39 -
Taurus Snags $34M Raleigh Community
Acquired from Chaucer Creek Capital, the 23-year-old property in the city's Northwest submarket is slated for a major makeover.
15 August 2017 18:29 -
Taurus Lands First NC Property for $34M
The investment firm purchased Olde Raleigh, a 228-unit community in Raleigh, N.C. Chaucer Creek Capital sold the asset after four years of ownership.
14 August 2017 13:31 -
Venterra Realty Sheds $36M on NC Community
The company acquired Chatham Pointe, a 255-unit community built between 2011 and 2015 in Cary, N.C. The asset includes a retail component as well.
27 July 2017 17:27 -
Luxury Multifamily Asset Changes Hands in NC
Autumn Woods is two miles from UNC Chapel Hill Campus and features a wide array of community amenities including a resort-inspired pool and 24-hour fitness center.
26 July 2017 13:58 -
Peak Campus Expands Management Portfolio With Over 2,000 Beds
The property management company was awarded management of four student housing communities located in Texas, Nevada and North Carolina.
25 July 2017 14:33 -
Wood Partners Breaks Ground on 298-Unit Development
The developer is building a community in Chapel Hill, N.C., with leasing expected to begin next summer. Alta Blu will include 5,000 square feet of office space.
21 July 2017 14:50 -
IRT Acquires 328-Unit Raleigh-Durham Community
Previously managing the property on behalf of RAIT Financial Trust, the company recently acquired the asset for $43 million. The community is located in the Raleigh-Durham market, in close proximity to prestigious universities and major employers.
12 July 2017 18:23 -
On the Market: 5 Interesting Listings for the Week of 7/03/17
This week's listings include a recently renovated community in San Antonio and a rustic condo asset located right off the slopes in Steamboat Springs, Colo.
07 July 2017 14:17 -
Electra America Acquires 2nd NC Community
The 300-unit Raleigh property will be rebranded Level at 401 and undergo common-area, apartment renovations and upgrades.
22 June 2017 15:48 -
Durham Liberty Warehouse Trades for $69M
East West Partners sold the asset to a New York-based investment company. The former brick warehouse has been transformed into a 247-unit residential project that also includes 24,000 square feet of retail space.
30 May 2017 13:46 -
Continental Realty Snags $61M Raleigh Community
The NRP Group sold The Edison Lofts, a seven-story, 223-unit property close to the city's central business district.
25 May 2017 17:25 -
HFF Closes Recap of NC Community, Arranges New JV Equity
The Dickson family will co-own Solis Ninth Street with Blue Heron Asset Management LLC. Terwilliger Pappas Multifamily Partners sold its stake in the 229-unit property.
25 May 2017 08:57 -
Ginkgo Residential Lands 201-Unit NC Community
House Co. sold Willowdaile Apartments in Durham for $11.8 million. The property is only a few miles from Duke University’s campus.
18 May 2017 17:14 -
Peak Campus, Blue Vista Capital Team Up in 2 College Towns
The developers plan a fall 2018 opening for student housing projects serving Syracuse University and North Carolina State.
04 April 2017 19:03