Multifamily news in Raleigh-Durham
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Waterton Purchases NC Portfolio for $169M
The properties include Ashford Green and The Retreat at McAlpine Creek in Charlotte, Atria at Crabtree Valley in Raleigh, and Audubon Parc in Cary.
11 January 2019 09:17 -
Hudson Capital Properties Pays $55M for NC Community
Located in Cary, N.C., the 302-unit property will undergo extensive capital improvements across all units. The seller was White Oak Partners.
10 December 2018 16:54 -
Economic Growth Sustains Demand in Raleigh
With 7,400 multifamily units underway, the metro’s 2018 deliveries are likely to exceed last year’s and generate moderate rent growth, as well.
06 December 2018 13:58 -
Magnolia Sells Raleigh Community After Short Hold
HFF marketed Stonehenge Apartments on behalf of the seller, which purchased the property last year for $56.7 million.
04 December 2018 15:19 -
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