Saturday, February 22, 2025

Tag: North Carolina

North Carolina is a state in the Southeastern region of the United States.

Magnolia Terrace

Stonebridge acquires 264-unit Charlotte, NC apartment community for $40.7 million

StoneBridge Investments of Washington, DC, has acquired Magnolia Terrace, a 264-unit rental apartment community in fast-growing Charlotte, NC for $40.7 million. The seller, Atlanta-based...
Davis Park East Site

Fully entitled development site in Durham sells for $10.9 million

JLL Capital Markets announced it has closed the $10.9 million sale of Davis Park East, a 21.07-acre, shovel-ready, multihousing development site adjacent to the...
Calhoun Gardens

Ambling sells $106 million affordable housing portfolio

JLL Capital Markets announced that it has closed the final transaction of a 20-property Project-Based Section 8 (HAP) portfolio sale totaling 1,763 units and...
Hawthorne at Lake Norman

JLL completes sale and financing of Hawthorne at Lake Norman

JLL Capital Markets announced that it has completed the sale and financing of Hawthorne at Lake Norman, a 232-unit, Class A multihousing community in...
Independence Park Apartments

Magma Equities closes on a $50 million purchase of Durham, NC apartment community in...

Magma Equities has acquired Independence Park Apartments, a 312-unit garden-style community in Durham, NC for $50 million. Independence Park is Magma’s fifth apartment investment...
Lodge at Crosadaile

JLL closes $65.9 million sale of Durham, North Carolina apartments

JLL Capital Markets announced it has closed the $65.9 million sale of Lodge at Croasdaile Farm, a 320-unit, garden-style and townhome apartment community in...
Chapel View Apartments

Magma Equities builds research triangle multifamily portfolio with $26 million acquisition of 224-unit apartment...

Multifamily investment firm Magma Equities in joint partnership with Henley Investments has closed on its second apartment acquisition in the Raleigh, NC metro in...
Broadstone Ayrsley

Alliance Residential Company acquires 15 acres for Broadstone Ayrsley

Alliance Residential, one of the largest multifamily developers in the nation, has closed on the acquisition of nearly 15 acres located at 2215 Silver...
Tradition at Stonewater

JLL closes sale of Cary, North Carolina, apartments

JLL announced that it has closed the sale of Tradition at Stonewater, a 351-unit, suburban, garden-style apartment community in Cary, North Carolina. JLL marketed the...
The Carolinian

Grubb Ventures, Stiles sell luxury multifamily development The Carolinian in Raleigh, North Carolina

A joint venture of Stiles Residential Group (SRG), a division of Fort Lauderdale-based Stiles, and Raleigh-based Grubb Ventures has sold The Carolinian, a new...
The Forest

Cushman & Wakefield arranges $29.5 million multifamily sale for The Sterling Group

Cushman & Wakefield has arranged the sale of The Forest, a 272-unit multifamily property in Durham, for $29.5 million. Cushman & Wakefield’s Watson Bryant,...

Milling around

The Lofts at Sterling Mill located in Franklinton, N.C. opened in November. The 124 year old structure, formerly known as Sterling Cotton Mill, was...
University Apartments

Magma Equities acquires 199-unit apartment community in Raleigh, NC

Multifamily investment firm Magma Equities has made its third investment in the Raleigh-Durham MSA this year, with the off-market acquisition of a 199-unit garden...

Greystar announces $2 billion final close for 10th U.S. Multifamily Value-Add Real Estate Fund

Greystar Real Estate Partners, LLC (“Greystar”), a global leader in the investment, development and management of high-quality rental housing properties, announced, on behalf of...
Alta Prosperity Village

JLL closes sale of Charlotte apartment community

JLL announced it has closed the sale of Alta Prosperity Village, a recently completed, 292-unit apartment community in Charlotte, North Carolina. JLL marketed the property...

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