Multifamily news in Raleigh-Durham

  • Inland Group Lands $50M NC Community

    Inland Real Estate Acquisitions closed the purchase of a 304-unit community in Knightdale, N.C. Senior Vice President Mark Cosenza completed the deal with assistance from Brett Smith, assistant vice president & associate counsel of The Inland Real Estate Group.

    07 December 2017 15:55
  • Former Durham Hotel to Become 342-Unit Community

    Alliance Residential purchased Crown Park Hotel, the company’s first asset in the Triangle. Karl Hudson with Foundry Commercial represented the buyer in this $10.5 million transaction.

    29 November 2017 17:02
  • Taurus Nabs NC Apartments for $54M

    The company plans to renovate the 302-unit Brook Arbor Apartments, located in Cary. Additionally, it intends to work with The Dolben Co. to incorporate select sustainability upgrades and a renewable energy system.

    27 November 2017 16:02
  • Beverly Hills Firm Enters NC Market With $37M Buy

    Peter Sherman, Craig Cadwallader, Grant Linderman and Sam Chow with Avison Young represented Inco Montera, the buyer of Woodfield Glen Apartments in Raleigh. ARA Newmark worked on behalf of the seller, Grayco Inc.

    02 November 2017 18:20
  • CalAtlantic Homes Opens Raleigh-Area Community

    Silver Grove is a new townhome property in Cary, N.C., five miles from the Research Triangle Park. Pricing starts in the low $300,000s.

    09 October 2017 14:29
  • Raleigh: Solid Fundamentals Round Triangle’s Edges

    Population gains and steady rent growth are luring multifamily investors and developers to the Research Triangle. Demand is outstripping supply, but with more than 5,000 units scheduled for completion by year-end, that trend is likely to moderate.

    29 September 2017 16:52
  • Peak Campus Launches Theory Brand

    The company is introducing its brand at two new student housing developments in Raleigh, N.C., and Syracuse, N.Y. Theory Raleigh and Theory Syracuse are slated for completion by the fall of 2018 and will feature a combined 1,126 beds.

    25 September 2017 14:42
  • 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