Tag: Raleigh

Litchford 315 Apartments

Magma Equities eclipses $500 million in multifamily investment volume in 2022 with largest single...

Magma Equities (Magma) has acquired the recently completed Litchford 315 Apartments, a 240-unit multifamily community in Raleigh, North Carolina, in an $83 million off-market...
Prose New Hope

Joint Venture between PCCP, LLC and Alliance Residential Company is formed for the ground-up...

PCCP, LLC and Alliance Residential Company have formed a joint venture for the ground-up development of Prose New Hope, a 344-unit garden-style apartment community...
Edition on Oberlin

Mesa West provides The Preiss Company with $97.7 million to finance acquisition of two...

Mesa West Capital has provided a joint venture between The Preiss Company (TPCO) and an institutional equity partner with $97.7 million in first mortgage...
Chandler Ridge Apartments

CPP Housing undergoes $46.3 million affordable housing project in Raleigh, North Carolina

Community Preservation Partners (CPP), one of the nation’s most active affordable housing preservation developers, announced the acquisition of Chandler Ridge Apartments, a 228-unit mixed-income...
Abode Townhomes

PCCP, LLC and Abode Communities, LLC form joint venture to develop build-to-rent communities in...

PCCP, LLC announced that it has formed a joint venture with Abode Communities, LLC for the ground-up construction of three build-to-rent (BTR) communities in...
The Proper

DivcoWest and Blackfin purchase 384-unit Raleigh multifamily community

A partnership between DivcoWest and Blackfin Real Estate Investors has completed the purchase of The Proper, a 384-unit residential community located at 403 Wolf...
Tree Top Apartments

FCP announces sale of Tree Top Apartments in Raleigh, NC for $31.5 million

FCP announces the sale of Tree Top Apartments in Raleigh, NC for $31.5 million. The 206-unit apartment community was acquired by FCP in October 2013...
2251 Charles Dr.

Magma Equities purchases Richmond Hills, a 1970s vintage apartment community for value-add in Raleigh,...

JLL Capital Markets announced it closed a $6.2 million sale of 51 existing multihousing units in the Richmond Hills multihousing community located at 2251...
Windemere Apartments

Windemere Apartments in Raleigh sold for $26 million

JLL Capital Markets announced that it has closed the $26 million sale of the 168-unit Windemere Apartments in North Raleigh, North Carolina. JLL represented the...
Columns at Wakefield

Stonebridge acquires 324-unit Raleigh, North Carolina apartment community

StoneBridge Investments of Washington, DC, has acquired The Columns at Wakefield, a 324-unit rental apartment community in Raleigh, NC. Howard Jenkins and Kevin Kempf...
Solis Cameron Hills

PCCP, LLC and Terwilliger Pappas form joint venture to develop Class a multifamily community...

PCCP, LLC and Terwilliger Pappas Multifamily Partners have formed a joint venture to develop Solis Cameron Hills, a 315-unit Class A multifamily community located...
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...
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,...
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...

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