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Sold: Durham Apartments Fetch $65 Million

A Virginia-based real estate investor has bought a large apartment community in Durham for more than $65 million. RST Development of Virginia Beach paid $65.9 million for Lodge at Croasdaile Farm, a 320-unit development in the Croasdaile Farm master-planned community…

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Ohio Buyer Lands High-End Office Building in Chapel Hill

A high-end office and condo building Chapel Hill has a new owner after an Ohio real estate development and investment firm bought the property earlier this month. Shaker Hills, Ohio-based GEM Land Company bought Castalia at Meadowmont for $13.7 million.…

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Million-Dollar Townhomes Set for Durham (Renderings)

Developers have begun work on a new luxury townhome community in Durham with homes priced as high as seven figures. The Florian Companies of Raleigh along with development partner California Commercial Investment Companies have secured funding and started work on…

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