GM Development secured $130 million in project financing, enabling the company to begin redevelopment of a historic former Veterans Affairs (VA) hospital campus into a 493-unit Class A mixed-use community in Denver, Colorado. The financing was arranged by Walker &…
Greystar has finalized a public-private partnership with The University of Texas at Austin to develop, design, build, and operate the Law School Village, a new apartment community that is the university’s first dedicated housing for law students. The Law School…
L3 Campus and Aureon Partners have obtained a $53.7 million refinancing for the OnShore apartments, a 210-unit/636-bed student housing project near the campus of Embry-Riddle Aeronautical University in Daytona Beach. A Walker & Dunlop Capital Markets Real Estate Finance led by Will…
Just in time for the FIFA World Cup, US Soccer unveiled its impressive new headquarters just outside Trilith. Situated on a 200-acre site, the $250 million National Training Center occupies 123 developed acres, designed to accommodate future expansion as the…
Hilltop Residential, a Houston-based multifamily investment manager, closed its largest fundraise to date, raising $288M in commitments and planning to acquire up to $2B in assets. Hilltop Growth Fund VI will be used to acquire properties at “compelling bases” created…
Japanese financial giant Sumitomo Mitsui Banking Corp. has selected Charlotte as its second U.S. headquarters, with plans to add roughly 2,000 jobs over the next six years. An aerial view of Charlotte SMBC is the latest big-name banking institution to plant…
The North Carolina Department of Transportation has floated allowing parts of the planned I-77 interstate expansion to be constructed underground, after dismissing the idea as too expensive just a month prior, according to a Charlotte Observer report. NCDOT indicated that underground expansion of…
A major mixed-use project in a northern Charlotte suburb has cleared a key regulatory hurdle. The Huntersville Planning Board voted Wednesday to back a rezoning proposal for a $200M mixed-use development from WLA Enterprises Inc., The Charlotte Observer reported. Knox Crossing,…
The Sonesta Extended Stay Hotel in southwest Charlotte was sold to a New York-based nonprofit on Feb. 12 and is reportedly earmarked to become housing for veterans. Marcus & Millichap announced it had brokered the sale, representing the private seller. The announcement…
A North Carolina developer has acquired a large parcel of land in Durham, five months after receiving rezoning approval from the city for a 300-acre mixed-use development. Charlotte-based Beacon Partners bought 119 acres in southeast Durham in a $20M deal with…
End of content
End of content
