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A developer here in Raleigh has plans to build a new affordable housing complex after purchasing seven acres of land in the region. Carolina Project Equities purchased the parcel of land for $1.9 million, which is located next to the Forestville Crossing Shopping Center on the northeast end of town on U.S. 401. The Raleigh […]

An apartment located in North Raleigh has been sold to a Canadian real estate investment firm for $55.6 million, according to Wake County property records. The complex, Perry Point, was a deal sponsored by Pearlmark Real Estate Partners of Chicago, and their sponsored fund paid $50.1 million for the complex. The new owners of the […]

The downtown Raleigh area has consistently undergone fix-ups and remodels, and that effort to freshen the downtown scene continues with a vacant apartment complex near Moore Square that is poised to become a new and modern apartment complex called The Lincoln with 224 individually leased units. In addition to the apartment units, the development would […]

Durham’s central Main Street is getting a $25M apartment complex soon, thanks to the Charlotte real estate development company Crescent Communities. The complex will be called Crescent Main Street and will begin construction this June. The four story project will be located in between West Main Street, 15th Street, and Rutherford Street and will be […]

A project that began and then received the red light is finally resuming progress in Raleigh, according to reports. The Charter Square Tower located in downtown Raleigh is allegedly breaking ground this fall after a four year delay. Dominion Realty Partners will build the 11 story, $54 million development which will consist of 2 towers […]

The Triangle area is experiencing a bit of difficulty in the real estate department, according to recent reports from the Triangle Multiple Listing Service. March saw 2,200 sales close, which is a 25 percent increase from March 2012. The local real estate insiders are excited as this is the most excitement that he local housing […]

The U.K. based company known as Aap3 will be opening a new network operating center in downtown Raleigh, with initial employees set to start at the location on April 9th. Aap3 works on global clients such as IBM, Cisco Systems, Coca Cola, and more. The projected growth of the Raleigh office is to reach 30 […]

A local real estate development group, MJM Group, has officially broken ground on a mixed use retail center and hotel located in Durham. This project has been on hold for about five years, so to finally begin construction and bring the plans to life has been an exciting time for MJM and also for the […]

Homeowners looking to sell property in the Research Triangle area are able to utilize a time in the region where sellers have the advantage in the local real estate market. The average time that a local home spends on the market has reduced from Spring 2011 by 11 percent, bringing the current time spent to […]

Greensboro based real estate investment firm known as Hawthorne Residential Partners of Greensboro has recently purchased an apartment complex in Raleigh called Dunhill Trace. Dunhill Trace is located off of Glenwood Avenue, near Pinecrest Road, and sold for $23.1 million. The Durham movers have learned the property includes 250 apartments and the purchase was made […]