Real Estate - Residential

Nov 20, 2020

Apartments On Randall Parkway Sell For $36.5M

By Cece Nunn, posted Nov 20, 2020

An apartment complex near the University of North Carolina Wilmington sold recently for $36.5 million. Friedlam Partners of Teaneck, New Jersey, bought Pinewood Apartments from Greensboro-based Pinewood LLC. Pinewood, located on Randall Parkway, has 384 units in 48 buildings. Marcus & Millichap (NYSE: MMI), a commercial real estate brokerage firm specializing in ...

Nov 17, 2020

What's Next For More Than 500 Acres Of Trask Land?

By Cece Nunn, posted Nov 17, 2020

The New Hanover County Board of Commissioners voted unanimously Monday to approve two rezoning requests for what would be two separate communities on more than 500 acres. The separate rezonings allow a developer to eventually put a mix of housing in the two communities, one with 158.65 acres at the northeast quadrant of the interchange of Interstate 40 and Interstate 14 ...

Nov 13, 2020

A New Jersey-based company invested recently in two apartment communities in Wilmington. Eskay Management bought Osprey Landing and 34 North for a total sales price of more than $35 million, according to a news release from Aline Capital’s Multifamily Advisory Division. Combined, the apartment complexes contain 368 units. Osprey Landing is located at 800 Walden ...

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Democracy Is Not A Spectator Sport

Posted Oct 15, 2020
At this point in an election cycle, we are all fatigued by the political ads that appear on TV and in our social media feeds. However, we cannot let the angst in our political system dissuade us from being involved.
 
While it was baseball player Jackie Robinson that was quoted as declaring that “life is not a spectator sport,” historians credit Lotte Scharfman, a re...read entire article
Nov 12, 2020

Management Firm Selected For Pier 33 Apartments

By Cece Nunn, posted Nov 12, 2020

A management company has been named for luxury apartment project Pier 33 in downtown Wilmington. According to a news release, DF Multifamily, a division of multifamily management company Drucker + Falk (DF), recently assumed the leasing and management of Pier 33, which sits on 5 acres along the Cape Fear River. “Pre-leasing has already begun and the community e ...

Nov 10, 2020

Brunswick County Home Sales Spike In October

By Staff Reports, posted Nov 10, 2020

Brunswick County experienced a 63% jump in October in the number of homes sold and a 114.5% spike in sales volume compared to October 2019, the Brunswick County Association of Realtors reported Tuesday.  October’s figure marks the third highest number of homes sold in a single month so far in 2020, trailing only July and September, according to a news release ...

Nov 9, 2020

The developer of the northern Brunswick County community of Brunswick Forest near Wilmington is working with builders and other developers on a long-term plan to sell the remaining land of the Brunswick Forest parcel. That’s according to an Oct. 27 update from developer Jeff Earp of Funston Land & Timber to Brunswick Forest residents. The update also said t ...

Nov 6, 2020

The 34th annual Parade of Homes begins this weekend, presented by the Wilmington-Cape Fear Home Builders Association (WCFHBA). The event, postponed from the spring, aims to showcase “the craftsmanship, diversity, and quality of the region’s premier homes,” according to a news release.  Homes are open from noon to 5 p.m. each day and next weeken ...

Nov 5, 2020

Local Luxury Home Market Continues Breaking Records

By Cece Nunn, posted Nov 5, 2020

Luxury home sales in the Wilmington area broke records again in October, including in the number of high-end homes sold, total dollar volume and highest number of super luxury homes, according to a report released Thursday. "The previous record for most luxury homes sold during the month of October was set in 2005 in Brunswick County, when five sold; and in 2017 in ...

Oct 30, 2020

Wilmington-based Real Estate Firm Again Surpasses $2B

By Staff Reports, posted Oct 30, 2020

With two months left in 2020, a Wilmington-based residential real estate firm has already surpassed $2 billion in closed sales volume for the year. The milestone marks the second consecutive year Coldwell Banker Sea Coast Advantage has exceeded $2 billion in annual sales, "a significant milestone that has never been reached by any other real estate firm in Southeas ...

Oct 30, 2020

Redevelopment Adds Homes To Downtown Wilmington

By Cece Nunn, posted Oct 30, 2020

In the 300 block of Eighth Street in downtown Wilmington, a grouping of nine homes is under construction, replacing a derelict house that used to sit on a little less than an acre. The walls are up for three of the three-bedroom, two-bathroom single-family houses in the cluster, dubbed Wetherill Square. Five of the two-story, 1,550-square-foot homes will face Eighth ...

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