Raleigh-Durham
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.