North Carolina

Greystar Sells 252-Unit Milo in Raleigh, North Carolina

by Lynn Peisner August 28, 2026

RALEIGH, N.C. — Greystar has sold Milo, a 252-unit property at 821 Hanbury Way in West Raleigh to an LLC for an undisclosed sum. John Mikels, John Gavigan, Chase Monroe, William Martin and Mccullough Campbell headed up the JLL team that represented Greystar, the original developer, in the deal. Completed in 2024, Milo consists of eight three-story residential buildings and a leasing and clubhouse building. Units are available in one-, two- and three-bedroom floor plans along with a pool, poolside cabanas, yoga lawn, coworking space, fitness center, cardio and cycle …

August 28, 2026

Affordable Housing Development News North Carolina Southeast

Standard Communities Breaks Ground on 141 Units of Affordable Housing in Charlotte’s Camp North End

by Lynn Peisner August 27, 2026

CHARLOTTE, N.C. — Standard Communities has broken ground on Joyfield Rise at Woodward, a 141-unit affordable housing redevelopment project in Charlotte’s North End. Apartments will be reserved for renters earning between 30 and 80 percent of area median income. Completion is slated for 2028. The community is located within Camp North End, a 76-acre redevelopment of a former industrial site first occupied by the Ford Motor Co. in 1924 and later, in the Cold War era, by the U.S. government for missile manufacturing. Jamestown, which is the owner and operator …

August 27, 2026

Development Finance News North Carolina Southeast

GMH-led JV Secures $114.2M Construction Loan for Charlotte High-Rise

by Lynn Peisner August 19, 2026

CHARLOTTE, N.C. — JLL has arranged a $114.2 million construction loan for ANOVA The Pearl, a 20-story, 382-unit unit high-rise under construction in Charlotte. GMH Communities, AEW Capital Management and Wexford Science & Technology broke ground in spring of this year. Completion is slated for 2028. The lender was Santander Bank. ANOVA The Pearl will feature studio, one-, two- and three-bedroom units complemented by 6,621 square feet of ground-floor retail, a fitness center, resort-style pool, rooftop lounge, golf simulator and coworking space. The development is located within The Pearl, a …

August 19, 2026

Investment Sales News North Carolina Southeast

Marcus Partners Follows Research Triangle Development With New Raleigh Acquisition

by Lynn Peisner August 17, 2026

RALEIGH, N.C. — Marcus Partners has acquired Aventon Nora, a 372-unit community in North Raleigh. This purchase represents the Boston-based firm’s second investment in the Raleigh-Durham market — the first being the development of Alta Apex, a 280-unit Class A project under construction in Apex with completion slated for 2027. Aventon Nora is also a Class A property. Built in 2024, it consists of four residential buildings with one-, two- and three-bedroom units as well as some carriage-house style floor plans that include attached garages. Amenities include a resort-style pool …

August 17, 2026

Investment Sales News North Carolina Southeast

Tishman Speyer Acquires Charlotte Asset for $76.3M

by Lynn Peisner August 14, 2026

CHARLOTTE, N.C. — Tishman Speyer has acquired Berkshire Dilworth, a 296-community in Charlotte. The purchase was completed with equity from a core-plus fund. The seller was Berkshire Residential. This marks the seventh acquisition by TS Plus fund which has raised $973 million to date. Previous fund acquisitions include industrial properties in Northern California and South Florida, as well as residential communities in Chicago, Dallas, Raleigh, North Carolina and Montclair, New Jersey. The Charlotte Business Journal reports the sale price was $76.3 million. The property was completed in 2016 and currently …

August 14, 2026

Development News North Carolina Southeast

Wood Partners, Marcus Partners Team up for Development in Raleigh-Durham Metro

by Lynn Peisner August 7, 2026

APEX, N.C. — Wood Partners and Marcus Partners have broken ground on Altera Heights in Apex. The 280-unit community is located at the intersection of Jenks and Wimberly roads and will be comprised of one-, two- and three-bedroom units, some of which will be income-restricted. Marcus Partners is providing an undisclosed sum of equity for the project. Altera Heights will have a freestanding clubhouse featuring a fitness center, coworking space and gaming and lounge areas. Additional amenities include a resort-style pool, outdoor fitness area, dog park and pet spa. The …

August 7, 2026

Berkadia Investment Sales News North Carolina Southeast

Berkadia Arranges Two Trades in Concord, North Carolina

by Lynn Peisner July 29, 2026

CONCORD, N.C. — Berkadia has arranged the sale of two properties in Concord, Meadow Creek Townhomes and Northway at Cabarrus. Thomas Colaiezzi, Caleb Troop, Matt Robertson and Drew Kwiatkowski of Berkadia Charlotte represented the buyer, Virginia-based RockBridge Investment Group, in its acquisition of Meadow Creek Townhomes from California-based Serra Vista Partners. The Berkadia team also represented the seller, Charlotte-based Wickenden Partners, in the sale of Northway at Cabarrus to RockBridge Investment Group. Both transactions were completed off-market. Neither sales price was not disclosed. Located at 609 Easy St. and built in 1997, Meadow …

July 29, 2026

Investment Sales News North Carolina Southeast

Hathaway Cos. Sells Exchange at Westgate in Eastern North Carolina for $58.7M

by Lynn Peisner July 20, 2026

LELAND, N.C. — Hathaway Cos. has sold Exchange at Westgate in Leland to Argyle Real Estate Capital for $58.7 million. JLL represented Hathaway in the transaction. The 312-unit property is located at 5214 Browning Lane about 9 miles west of Wilmington. Completed in 2023, Exchange at Westgate features studios, one-, two- and three-bedroom units averaging 931 square feet. The community offers a saltwater pool, fitness center, cyber cafe, clubhouse and grilling areas. Unit interiors are outfitted with granite countertops, stainless steel appliances, wood-style flooring and ceramic tile backsplashes. JLL Capital …

July 20, 2026

Development News North Carolina Southeast

Woodfield Development, Eagle Realty Group Break Ground on 330-Unit Project in Cary, North Carolina

by Lynn Peisner July 20, 2026

CARY, N.C. — Woodfield Development and equity partner Eagle Realty Group — a subsidiary of Cincinnati-based Western & Southern Financial Group — have broken ground on a 330-unit community at 2818 Macedonia Road in Cary. The five-story development will feature approximately 13,500 square feet of interior amenity space including a leasing office with a conference room and outdoor patio; a coworking center; a coffee and gaming lounge; a resident clubhouse with a kitchen, game area, maker’s room and library; a two-story fitness center; dog spa; and a sky lounge with …

July 20, 2026

Finance Florida News North Carolina South Carolina Southeast

Walker & Dunlop Arranges $223M Refinancing for Madison Capital Portfolio

by Lynn Peisner June 17, 2026

BETHESDA, MD. — Walker & Dunlop has arranged approximately $223 million in bridge financing for five communities across the Southeast on behalf of Charlotte, North Carolina-based Madison Capital Group. The bridge loans will refinance existing debt for five properties (1,345 units) in Florida and the Carolinas. Walker & Dunlop arranged the loans with multiple debt fund lenders. A team led by Walker Layne, Austin Sneed and Tyler Evenson closed the five refinancings over the past nine months. The portfolio includes: The Caroline in Indian Land, South Carolina; Madison Shores in …

June 17, 2026

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