Multifamily news in Raleigh-Durham
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NC Community Sold for $38M
Cushman & Wakefield represented The Sterling Group in the sale to Dasmen Residential.
14 November 2018 18:38 -
StoneBridge Buys 346-Unit Durham Community
HFF assisted with the sale and also worked on the new owner’s behalf to secure a $28.9 million Freddie Mac loan for the acquisition. TH Real Estate sold the garden-style asset.
07 November 2018 10:49 -
Lantower Residential Pays $74M for Luxury NC Community
An HFF team including Justin Good, Jeff Glenn, Caylor Mark and Allan Lynch marketed the newly built property on behalf of Woodfield Development.
07 November 2018 10:44 -
HFF Secures $50M Durham Acquisition Loan
The company debt placement team working on behalf of borrower Lantower Residential included Senior Directors Jamie Leachman and Roger Edwards.
20 September 2018 13:13 -
Raleigh Community Trades for $24M
Hawthorne Residential Partners sold the 184-unit asset two years after it acquired it for $15.5 million from Heritage Capital Group.
06 September 2018 10:06 -
American Landmark Continues NC Expansion
The company has acquired the 339-unit Sterling Town Center in Raleigh and the 312-unit Integra Springs at Kellswater in Charlotte. Both communities will undergo extensive renovations.
03 September 2018 07:18 -
Work Begins on 318-Unit Luxury Community in NC
Dominion Realty Partners broke ground on The Residences at Shiloh Crossing in Morrisville. Capital Bank provided construction financing for the project.
02 August 2018 15:25 -
NC Community Receives $24M Refi
Signature Property Group secured the loan to refinance 119 South Apartments, a 264-unit Class A property located in Mebane.
11 July 2018 19:01 -
Raleigh Walks With Confidence
The area's healthy multifamily market is underpinned by strong population and job growth, a solid development pipeline and an attractive business climate.
10 July 2018 13:40 -
American Landmark Expands NC Footprint
The Florida-based company teamed up with Electra America to acquire a three-property portfolio comprising more than 1,000 units. The new owners plan to invest up to $8 million in renovations.
02 July 2018 13:48 -
HHHunt Begins Construction on $43M NC Community
Located in Garner, Abberly Solaire will offer 282 units and access to a coffee bar, a dog park and a pool with in-water seating.
21 June 2018 16:55 -
NC Senior Housing Community Receives $14M Loan
Chatham Ridge Assisted Living in Chapel Hill, N.C., received $13.5 million in Fannie Mae refinancing. The property offers 60 assisted living and memory care units.
18 June 2018 14:02 -
Eyzenberg & Co. Arranges Developer, Ground Lease for NC Student Housing
The firm selected Greystar to develop Grove Park, a 339-unit community in Chapel Hill, which is set to replace the current apartment building at the site.
07 June 2018 18:54 -
Planned Durham-Area Project Lands $17M Loan
Trez Forman CEO Brett Forman originated the loan, which will help the borrower in the acquisition of a 138-acre parcel slated for the construction of an 880-unit property.
31 May 2018 11:32 -
Blue Heron Closes Construction Loan for NC Asset
The 164-unit community will rise next to Durham Central Park, replacing a functionally obsolete and underutilized building.
21 May 2018 15:38