Raleigh-Durham
Tribridge, Bluerock Joint Venture on $175K-Per-Unit Triangle Acquisition
In a joint venture partnership with Bluerock Residential Growth REIT (BRG), Atlanta-based Tribridge Residential LLC has closed on its third acquisition of a large multifamily community in the Triangle region.
Modern Apartments Replace Crumbling Warehouse in Downtown Durham
An innovative Class A apartment building proposed by award-winning real estate developer Roger Perry will soon rise at the site of the former Liberty Warehouse in the Central Park neighborhood of downtown Durham.
New-to-Triangle Militello Capital Buys Chapel Hill Apartments
The Villages of Chapel Hill, a 321-unit multifamily apartment community in Carrboro, has recently been purchased by an out-of-state investment group.
Starwood Capital Buys Three Triangle Apartment Communities for $72M
After closing on its 10th opportunistic real estate fund in March, Starwood Capital Group has acquired three multifamily properties in Raleigh and Durham that offer a total of 942 apartments.
Q&A with Scott Orrantia, Senior Vice President & CIO at Oakwood Worldwide
We’re very pleased to have added what is now known as Oakwood Raleigh at Brier Creek to our portfolio.
CBRE Secures $29.3M Financing for Kane Realty’s Multifamily Project at North Hills in Raleigh
Through its Debt & Structured Finance team, CBRE Capital Markets has arranged $29.3 million in construction and mezzanine financing for The Dartmouth, a 171-unit luxury apartment building rising at 104 Dartmouth Road in Raleigh.
Oakwood, Mapletree Group Expand in Raleigh with Joint Venture Acquisition
In a joint venture partnership with Singapore-based Mapletree Group, corporate housing leader Oakwood Worldwide has acquired a 300-unit apartment complex in Raleigh.
Developers Celebrate Groundbreaking of 164-Key Marriott Hotel at University’s Campus in Raleigh
Construction on Raleigh’s new StateView Hotel at N.C. State University’s Centennial Campus is under way.
Blue Heron Buys Historic Boylan Apts. in Raleigh for $6.3M
In a $6.3 million deal, an affiliate of Blue Heron Asset Management LLC has acquired the historic Boylan Apartments at the corner of Hillsborough Street and Boylan Avenue near downtown Raleigh.
Duke Realty Completes $1.1B Sale of Office Portfolio in Triangle, Three Other Markets
Duke Realty Corp. has closed on the previously announced $1.12 billion disposition of its entire office portfolio in the Triangle and three other markets, including Nashville, St. Louis and South Florida.