Raleigh-Durham
Raleigh-Durham Multifamily Wrap-Up – April 2020
RST Development pays $66 million for Durham asset. DeWitt Carolinas grabs construction financing. Here is our April selection of Raleigh-Durham must-knows.
RST Development Acquires Durham Asset for $66M
The property is located within the Croasdaile Farm master-planned community in the submarket of North Durham.
Top 5 Southeast Markets for Multifamily Deliveries in 2019
Developers added more than 35,000 units to the region’s inventory over the past year, with even more on the way for 2020.
North Carolina Community Changes Hands
The Class A multifamily property came online in 2019 and includes 5,000 square feet of coworking office space.
Jamestown JV Begins Adaptive Reuse Project in Raleigh
Phase I of Raleigh Iron Works will include renovation of the historic steel mills and the warehouses that were previously part of Peden Steel.
Raleigh Multifamily Report – Fall 2019
Fueled by a strong economy and sustained demographic expansion, the Triangle’s multifamily market remains one of the fastest-growing major metros in the U.S.
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.
Durham Condos Land $11M Construction Loan
The two-year mortgage will finance the development of 25 townhomes close to the city’s downtown.
Lexerd Expands North Carolina Footprint
The firm’s purchase of Ashford Lakes in Hillsborough, N.C., represents its second investment in the area.
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.