Raleigh-Durham
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.
Riverpoint Partners Buys Raleigh Property for $11M
The firm has expanded its footprint with the acquisition of a 56-unit, boutique community located within less than 1 mile of the city’s downtown.
KETTLER Pays $119M for Raleigh-Area Apartments
Pacific Life Insurance provided the buyer of the newly completed 493-unit Class A multifamily asset with $76 million in acquisition financing.
The Beach Co. Catches Some Sun in the Carolinas
The firm’s Dan Doyle explains why the area will continue to play a starring role in the nation’s economic growth and weighs in on the biggest challenge for multifamily developers.
Public-Private Partnership Kicks Off Durham Project
DHIC, Self-Help and local authorities broke ground on Willard Street Apartments, downtown’s first newly constructed, fully affordable community for households earning 60 percent or less of the area’s median income.