Hunt Real Estate Capital has provided a $38.2 million Freddie Mac Conventional Lease-Up Multifamily loan to finance the acquisition of West End Station Apartments, a 229-unit multifamily property in Winston-Salem. The mid-rise apartment community was completed in 2019, and includes…
Walker & Dunlop has provided $44.8 million in financing for the Ambling Portfolio, an eight-property, 741-unit multifamily portfolio in South Carolina, North Carolina and Alabama. All of the units in the portfolio are subject to Land Use Restrictive Agreements, which…
Florida’s Indian River County has for years been battling a new, privately run train. Now, the county will ask the U.S. Supreme Court to decide whether $2.7B in tax-exempt private activity bonds were issued illegally to raise funds for it….
Commercial real estate investor and operator Continental Realty Corp. has acquired Mount Pleasant Towne Centre, a 510,000-square-foot shopping center in Mt. Pleasant, SC. The sales price was $147 million. Located at 1218 Belk Dr., the center is nine miles northeast…
Armada Hoffler Properties has announced plans to develop Chronicle Mill, a new adaptive reuse multifamily project in Charlotte. The total construction costs are expected to be approximately $45 million. Originally built in 1901, Chronicle Mill was Belmont’s first textile mill….
Cushman & Wakefield has arranged the $29.6-million sale of Greenwood at Ashley River, a 280-unit apartment community in North Charleston, SC. Jordan McCarley, Marc Robinson and Tai Cohen of Cushman & Wakefield represented the seller, The RADCO Cos., in the…
Developer Merritt Properties has announced plans to build a 452,500-square-foot speculative light industrial business park in Wake Forest, NC. Located along Ligon Mill Road, the Merritt Capital Business Park will be developed on a 74-acre tract of land and will…
JLL has arranged the $59 million sale of Northside Center, a 15-building light industrial and office portfolio in the Raleigh-Durham metro. Located on more than 33 acres, the 548,560-square-foot portfolio is adjacent to Interstate 440 and offers tenants easy access…
Cedar Grove Capital has acquired Hawthorne Six Forks, a 471-unit apartment community in Raleigh for $66 million. The seller was not disclosed. Henry Stimler, Bill Weber and Nick Webb of NKF secured a $46 million acquisition loan on behalf of…
National real estate investor and operator Waterton has acquired Nashboro Village, a 994-unit apartment community in metro Nashville. The sales price was not disclosed. Located at 115 Nashboro Blvd., the community was built in phases between 1974 and 1987 and…
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