Raleigh-Durham
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.
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.
Magma Equities Buys Value-Add Asset in Raleigh
The multifamily investment firm scooped up a 199-unit community neighboring North Carolina State University.
Nuveen Expands North Carolina Portfolio
The firm picked up Bell Wakefield, a 360-unit property, for $70.6 million.
Raleigh Student Housing Assets Change Hands
The Priess Co. has sold a portfolio of three communities totaling 890 beds to a Chicago-based firm.
TruAmerica Buys Multifamily Portfolio for $109M
The firm purchased three properties in Raleigh, N.C., marking its first acquisition in the state.
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.
$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.
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.
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.