Carolinas

The two firms sold the Solis Waverly, a 375-unit luxury multifamily property to Dallas-based Lan Properties/Lantower Residential for $84.4 million. They also traded the 194-unit Solis Ballantyne for $44.2 million to Continental Realty Corporation of Baltimore.

The three-story building is 100% leased on a triple net basis to CompuCom Systems Inc., with 14 years remaining on the lease.

This project will be the start of several new developments in the Raleigh-Durham area, according to Monty Hoffman.

The firm reports two speculative buildings comprise the final phase of a larger plan to build three buildings at its CLT Logistics Center.

Parks Hospitality also reports that in the near future it will break ground on another Tru by Hilton property in Columbia, SC.

The three portfolio acquisitions include an eight-property, 2,883-unit multifamily portfolio located in the Raleigh-Durham, NC area.

The land acquisition was fueled by a period of sustained economic growth in the Charlotte area as well as continued residential and commercial growth along Kannapolis Parkway. No terms of the transaction were reported.

Greystone leveraged Fannie Mae's Green Rewards program, which provides borrowers committed to making energy or water usage improvements with favorable financing terms.