Welcome to the CRE News Digest from First American Title NCS, where we explore the biggest stories in commercial real estate. As a legacy brand…
In this episode of ‘The Inside Look,’ Senior Commercial Real Estate Economist Xander Snyder discusses the influence of new excess stock on rent growth. Watch…
Cambridge Properties plans to knock down a shuttered Kohl’s department store in Charlotte and build a 300-unit apartment project along with ground-floor retail space and…
In what must be considered a positive omen for office building investors, Charlotte-based Bank of America Corp., America’s second-largest bank, has sent letters out to…
JLL Income Property Trust has sold Presley Uptown, a 230-unit community in Charlotte, for $65.8 million, nearly $300K/unit. The JLL REIT paid $55 million for the…
Providence Group Capital recently purchased a 6-acre parcel to add to its already sizable holdings in Charlotte. The site is next to the Kimbrell’s Furniture…
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…
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…
The bet on the Lower Tuck development has paid off. Third & Urban has spent $140 million to redevelop six industrial buildings and basically convert…
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…