David Simon Passes Away After Battle with Cancer
March 23, 2026
CREFC’s Lisa Pendergast Retiring in August
March 20, 2026
Brookfield Revives GGP Name for Malls
January 7, 2026
City: Durham
Vero Capital Recapitalizes Office Portfolio; Brings in New Equity, Pays Loan Off at Discount
Vero Capital has partnered with Prime Finance to recapitalize a portfolio of four office properties with 987,072 square feet in a deal that involved the discounted pay off of a $198 million loan.
501 Estates
The 501 Estates property, at 240 Ivy Meadow Lane, serves as collateral for a $5.365 million loan that's securitized through FREMF, 2022-KJ43FX. The loan pays a fixed rate of 6.47 percent and becomes open to prepayment in January 2029, three ...
IBM 500 Campus
Hines Global Income Trust has paid $66 million, or just more than $85/sf, for the IBM 500 Campus, a four-building office property that sits on a 146-acre parcel next to the Research Triangle Park in Durham, N.C. The Houston REIT, ...
Logistics Company Building 250,000-SF Life-Sciences Facility in Durham, N.C.
Triangle Business Journal LifeScience Logistics is building a nearly 250,000-square-foot facility at 2324 Ferrell Road in Durham, N.C. The Dallas logistics company is building the life-sciences property as part of the Durham 85 industrial development that's owned by Scannell Properties ...
270-Unit Apartment Property in Durham, N.C., Sells for $73Mln
Triangle Business Journal Jefferson Apartment Group has bought the 501 Estates, a 270-unit apartment property in Durham, N.C., for $73 million, or about $270,370/unit. The McLean, Va., apartment investor purchased the property from Spyglass Capital Partners of Hackensack, N.J., which ...
Hines REIT Pays $66Mln for IBM Campus in Durham, N.C.
Hines Global Income Trust has paid $66 million, or just more than $85/sf, for the IBM 500 Campus, a four-building office property that sits on a 146-acre parcel next to the Research Triangle Park in Durham, N.C. The Houston REIT, ...
250-Room Hotel Coming to Durham, N.C., Mixed-Use Development
REBusiness Online An affiliate of NexPoint Advisors has purchased a development site in North Carolina's Research Triangle Park, where it plans to build a 250-room hotel. NexPoint, in a venture with Alamo Manhattan of Dallas, is building the property at ...
Beacon Partners, Trammell Crow to Bring 760 Apartment Units to Durham, N.C.
Triangle Business Journal Beacon Partners has been approved to build a 360-unit apartment property in Durham, N.C. The Charlotte, N.C., developer is building the property on a nearly 13-acre site at 4101 and 4117 North Roxboro St. and 3304, 3308, ...
Square at University Hill North and South buildings
Dilweg has sold the Square at University Hill North and South buildings in Durham, N.C., for $11.3 million, or about $95.84/sf. The buyer was not identified. The North building, with 59,650 square feet at 3708 Mayfair St., is a three-story ...
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