Raleigh-Durham
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.
Upscale Apartments in Downtown Durham Change Hands
In a nearly $55 million deal, Bell Partners has acquired the 340-unit apartment community at 605 W. Chapel Hill St. in Durham, which it rebranded Bell West End.
Suburban Raleigh-Durham Rental Building Sold for $41M
In a deal brokered by HFF, The Village at Marquee Station, a 265-unit apartment community located in Fuquay-Varina, changed hands for $41.5 million.
Stiles, Grubb Ventures Team Up in Raleigh
Stiles Residential Group and Grubb Ventures are set to break ground on a 186-unit luxury multifamily community in Raleigh.
Big Deal! Durham Mixed-Use Community Sells for $187M
Federal Capital Partners and Bell Partners sold West Village, an expansive mix of 609 apartments and commercial space in Durham, to The Connor Group for $187 million.
World Wide Group Pays Record Price for NC Apartment Property
A partnership led by World Wide Group snapped up the newly finished property developed by Novare and others.