Raleigh-Durham
Admiral Capital, McCann Realty Nab NC Property
The joint venture partners acquired Springfield Apartments, a 288-unit community in Durham.
Morgan Properties Reaches for a $316M ‘Star’
Berkadia negotiated the sale of the portfolio, which comprises more than 2,800 units in four states.
CBRE’S Carolinas Multifamily Group Makes Top Addition
In his role as senior vice president, Howard Jenkins will focus on expanding the firm’s institutional practice in the Carolinas.
Fractured Condo Property in Raleigh Wins Refi
Greystone oversaw the loan refinancing 134 units.
Preiss Adds 3 Student Housing Properties to Portfolio
The acquisition consists of properties in Tampa, Fla.; Indianapolis, Ind.; and Raleigh, N.C.
Yardi Matrix: Dynamic Triangle
North Carolina’s Triangle metro—which encompasses Charlotte and Raleigh-Durham—has been one of the more dynamic areas of the country in recent years.
Preiss Acquires Two Student Housing Facilities in Raleigh
The Preiss Co. has partnered with a private investment group to acquire two Raleigh student housing properties totaling 668 beds.
Preiss Acquires 546-Bed Student Housing Community in North Carolina
Campus Edge was acquired by Raleigh-based The Preiss Co. in joint venture with a private investment group.
Cedar Grove Capital, ROSS Take Over Chesterfield Apartments
Cedar Grove Capital has acquired Chesterfield Apartments in Winston-Salem, N.C., tapping ROSS Management Services to manage the property and help upgrade the community.
The Triangle’s Largest Rental Projects Delivered in 2015
The Triangle area added just shy of 5,000 units to its apartment inventory.