Multifamily news in Raleigh-Durham
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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 -
$300M Multifamily Fund Reaches 1st Close
Atlantic | Pacific Real Estate Group and Blue Arch Advisors have scored $140 million of equity commitments for the vehicle.
23 August 2019 18:22 -
Luxury Senior Community Breaks Ground in Raleigh
The $80 million, 205-unit luxury senior living facility is the developer’s third Optimal Living-branded community. The project is slated for completion in late summer 2021.
20 August 2019 15:28 -
Cedar Grove Capital Buys North Carolina Community
Greystone provided the buyer with $13.2 million in Freddie Mac financing for the 144-unit multifamily asset.
16 August 2019 18:25 -
Riverpoint Partners Buys Raleigh Property for $11M
The firm has expanded its footprint with the acquisition of a 56-unit, boutique community located within less than 1 mile of the city’s downtown.
09 August 2019 15:27