Finance - Raleigh-Durham
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Blackstone Gets $120M Loan for North Carolina Industrial Buy
PGIM Real Estate arranged the variable-rate loan for the 3 million-square-foot portfolio in Greensboro and Durham.
19 November 2020 12:57 -
Hines JV Gets $199M Loan for Research Triangle Project
Bank OZK originated one of the largest commercial construction mortgages in the market's history.
05 November 2020 12:44 -
Turnbridge Equities Pays $37M for Durham Office Asset
Knighthead Funding originated a one-year, $21 million loan for the acquisition of Tower at Mutual Plaza.
13 October 2020 10:30 -
Downtown Raleigh Office Tower Lands $80M Refi
Heritage Properties secured the M&T Bank financing for One Glenwood. The deal closed immediately after the company obtained a $73 million construction loan for its Bloc[83] project.
24 September 2019 14:30 -
Global Mutual Buys Triangle Office Park for $81M
BBVA Compass Bank provided the buyer of the nearly 430,000-square-foot Class A research campus with a five-year, $61.6 million acquisition loan.
26 July 2019 18:32 -
JV Picks Up Raleigh-Area Office Park
Pinnacle Financial Partners provided financing for the acquisition of the two-building portfolio in Cary, N.C. Avison Young will lead the leasing efforts.
19 July 2019 21:01 -
JV Acquires Raleigh-Area Power Center for $53M
Collett Capital and Long Warf Capital purchased the 321,000-square-foot retail asset. HFF arranged acquisition financing on behalf of the borrower, which plans to upgrade the property.
03 July 2019 13:33 -
Founders Properties Buys Raleigh Office Portfolio for $23M
The three-building Class C office campus contains nearly 155,000 square feet. The buyer landed $14.5 million in financing for the deal.
22 May 2019 06:17 -
Thackeray Partners JV Sells NC Distribution Center
Boston-based NorthBridge Partners acquired North 70 Distribution Center. The 260,000-square-foot facility in Durham was fully leased at the time of sale.
28 January 2019 08:09 -
Raleigh Office Building Lands $85M Construction Loan
HFF worked on behalf of Kane Realty and Lionstone Investments to secure financing for Tower IV, an upcoming 326,600-square-foot high-rise within the North Hills mixed-use development.
01 November 2018 10:37 -
Nearly $1.5B in CMBS Possibly at Risk from Hurricane Florence
Morningstar Credit Ratings has identified more than 180 securitized commercial mortgages on properties in North Carolina counties that have been declared disaster areas because of the storm.
24 September 2018 12:07 -
Preferred Apartment Communities Buys NC Office Tower
The buyer completed the acquisition of Wells Fargo Capitol Center in Raleigh through its subsidiary, Preferred Office Properties. New York Life Insurance Co. provided the financing.
03 August 2018 06:55 -
HFF Arranges Loan for Mixed-Use Raleigh High-Rise
The residential and grocery-anchored retail property will be developed in two phases and will include 445 units, 61,000 square feet retail space and 257,000 square feet parking space.
21 February 2018 15:29 -
NC Office Asset Fetches $56M
HFF marketed the property on behalf of an institutional owner advised by Clarion Partners, and arranged acquisition financing with Citizens Bank.
25 January 2018 18:12 -
Hock Plaza in Durham Fetches $142M
The medical and educational office building is home to 34 different Duke University institutes and research functions, including the Center for Autism and Brain Development.
25 January 2018 13:05