Madison Communities secured an $80 million construction loan for its latest project, a 320-unit multifamily community in the Lower South End (LoSo) neighborhood in Charlotte, N.C. META Real Estate Partners and Bank of America provided the financing. Patterson Real Estate…
A lot is known about the requirements of a Japanese life sciences project slated for Sanford, NC. Besides the expected investment by the company, it will create over 100 jobs at a new industrial park on 70 acres at Helix…
Elmwood Development has completed its assemblage of Downtown Raleigh lots, and now it can get moving on a 12-story building. The Triad Business Journal reports Elmwood recently acquired three lots in the Warehouse District near the Fairweather Condos for $6.48…
Landmark Properties acquired a 15-acre site near the University of Colorado Boulder (CU Boulder). The firm will begin construction on The Standard at Boulder, a 936-bed student housing community. The project caps off approximately $700 million in year-end transactions for Landmark in 2023. The…
A Northmarq team led by Allan Lynch brokered the sale of Alta Filament, a 352-unit luxury multifamily property, for $107 million. The newly built community is located in the Mill District neighborhood. Northmarq represented the seller, Wood Partners. The buyer was…
Developers are finding that hundred-year-old flour mills and textile factories are too tough to die. A nationwide trend to renovate and repurpose the buildings is spreading. About a year from today, an adaptive reuse project in a 400,000-square-foot mill in…
A renovated 100+ year old Charlotte textile mill is ready for tenants. The $70 million revamp of the Savona Mill is basically complete. Portman Holdings is helming the project, consisting of 180,000 square feet of office space, 20,000 square feet…
A development group, Gateway Jax, has been assembling downtown parcels to ensure it has the critical mass to get going on a project that looks to add a thousand apartment units and an abundance of retail space. The Jacksonville Business…
Data center developer Flexential is planning to dramatically expand its data center footprint with new construction in the coming years, and it is kicking off the push with a big project in the Atlanta market. Courtesy of Flexential A rendering of the data center Flexential is building…
Courtesy of CBRE 25-01 Queens Plaza North, where Grubb Properties plans to build a 317-unit building. A new-to-New York developer just dropped $63M on a Long Island City property. Charlotte, North Carolina-based Grubb Properties, known for its workforce housing development, picked up…
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