Raleigh-Durham
Bainbridge Cos. JV Buys Luxury Community
The Research Triangle property last traded in 2019, for $70.5 million.
Mill Creek Acquires Raleigh Apartments
Raleigh-Durham remains a hotbed of multifamily in-migration due to its lower cost of living compared to other Southeast markets.
RKW Residential Expands Management Portfolio
More than 2,800 units have been added to the firm’s holdings.
Grubb Properties Lands $51M Loan for North Carolina Development
The construction of the 304-unit project is expected to be completed late next year.
TerraCap Management Expands Raleigh Footprint
A capital improvement plan will upgrade unit interiors and common area amenities.
Raleigh Multifamily Report – June 2022
Demand continues to outstrip supply in the Triangle.
ZOM Living JV Lands $49M for North Carolina Project
Located in downtown Durham, the development is slated to encompass 248 units.
TerraCap Acquires Raleigh-Area Community
This is the company’s first acquisition in the metro.
Corvias Completes 3 Student Housing Buildings in Durham
The on-campus facilities add more than 1,200 beds to the institution’s residential inventory.
American Landmark Buys 2 North Carolina Assets
The transaction totals 627 units in Charlotte and Hillsborough.