Finance - Raleigh-Durham

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.
Retail
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.
Office
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.
Mixed Use

  • 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