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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...