Raleigh-Durham
On the Market: 5 Interesting Listings for the Week of 7/03/17
This week’s listings include a recently renovated community in San Antonio and a rustic condo asset located right off the slopes in Steamboat Springs, Colo.
Electra America Acquires 2nd NC Community
The 300-unit Raleigh property will be rebranded Level at 401 and undergo common-area, apartment renovations and upgrades.
Durham Liberty Warehouse Trades for $69M
East West Partners sold the asset to a New York-based investment company. The former brick warehouse has been transformed into a 247-unit residential project that also includes 24,000 square feet of retail space.
Continental Realty Snags $61M Raleigh Community
The NRP Group sold The Edison Lofts, a seven-story, 223-unit property close to the city’s central business district.
HFF Closes Recap of NC Community, Arranges New JV Equity
The Dickson family will co-own Solis Ninth Street with Blue Heron Asset Management LLC. Terwilliger Pappas Multifamily Partners sold its stake in the 229-unit property.
Ginkgo Residential Lands 201-Unit NC Community
House Co. sold Willowdaile Apartments in Durham for $11.8 million. The property is only a few miles from Duke University’s campus.
Peak Campus, Blue Vista Capital Team Up in 2 College Towns
The developers plan a fall 2018 opening for student housing projects serving Syracuse University and North Carolina State.
Berkshire Lands $73M NC Luxury Community
The Boston-based company is the new owner of Alexan Chapel Hill, a 265-unit property on the edge of the Research Triangle. Take a virtual tour of the building with our slideshow.
Stiles, Grubb Launch Pre-Leasing at Raleigh Project
The JV’s 186-unit property features larger floorplans than most other local communities.
Raleigh Luxury Apartment Community to Open in Fall 2017
Banner Real Estate Group is building The Metropolitan, a $51 million, 242-unit mid-rise community in the Glenwood South neighborhood of Raleigh, N.C.