Multifamily news in Raleigh-Durham
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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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Hudson Capital Sells Raleigh-Area Community for $58M
The 288-unit Class A community in Cary last sold for nearly $47 million in 2017.
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Raleigh-Durham Multifamily Wrap-Up – October 2020
Apex community trades for $60 million. Concordia Properties buys asset for $33 million. Catch up with our October selection of Raleigh-Durham must-reads.
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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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Raleigh Multifamily Report – Summer 2020
With the metro's economy relatively well insulated going into the downturn, rent growth was already rebounding at the end of the summer.
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Raleigh-Durham Multifamily Wrap-Up – September 2020
Duck Pond Realty pays $80 million for upscale property. Bell Partners expands management portfolio. Catch up with our September list of Raleigh-Durham must-reads.
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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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Why the Triangle’s Multifamily Market Is Less Vulnerable to COVID-19
Eller Capital Partners’ CEO Daniel Eller provides insights on Raleigh-Durham's multifamily sector and reflects on the area’s overall economy.
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Raleigh-Durham Multifamily Wrap-Up – August 2020
Luxury apartments trade for $65 million. Cortland JV buys 205-unit community. Here’s our August selection of Raleigh-Durham must-knows.
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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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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 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.