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NewStar Asset Management Launches Land Development Subsidiary

NewStar Asset Management Launches Land Development Subsidiary

by Phil Hall | Dec 15, 2023 | News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

NewStar Asset Management, a real estate-focused alternative investment and asset management company based in Atlanta, has launched NewStar Equity Lot Finance, a subsidiary business focused on investments in residential land development in partnership with select...
Tredway Acquires Affordable Housing Portfolio in North Carolina

Tredway Acquires Affordable Housing Portfolio in North Carolina

by Phil Hall | Nov 20, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Tredway, a New York City-headquartered affordable and mixed-income real estate developer, has acquired a 12-property portfolio across North Carolina. The portfolio consists of 630 affordable apartments for families and seniors in 11 localities. As a result of the...
Alta Town Center, a New Community, Opens in Raleigh

Alta Town Center, a New Community, Opens in Raleigh

by Phil Hall | Nov 8, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Wood Partners, a multifamily real estate development, and PGIM Real Estate, the real estate investment and financing arm of PGIM, announced the grand opening of Alta Town Center, located in Raleigh, North Carolina. Alta Town Center offers 336 apartment homes comprised...
New Joint Venture to Develop Multifamily Community in Charlotte’s NoDa District

New Joint Venture to Develop Multifamily Community in Charlotte’s NoDa District

by Phil Hall | Sep 15, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Canyon Partners Real Estate LLC and The NRP Group have created a joint venture for the development of the Abernethy Lofts, a 392-unit, Class A multifamily community in North Davidson (NoDa), the arts and entertainment district of Charlotte, North Carolina. Abernethy...
Truist Allocates $15 Million to Fund Affordable Housing in North Carolina

Truist Allocates $15 Million to Fund Affordable Housing in North Carolina

by Phil Hall | Aug 11, 2023 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Truist Financial Corp. (NYSE: TFC) and Truist Foundation announced a $15 million program to support affordable housing in North Carolina. According to Charlotte-headquartered company, there will be a $15 million equity investment from Truist Community Capital in the...
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