Greystone and Harmony Housing paid $22 million for four affordable housing communities in Forsyth County. The Triad Business Journal reports the lending giant previously owned three of the properties. Three of the properties are in Winston-Salem and one in Kernersville. The portfolio added up to 212 units. Foresight Affordable Housing was the seller.
The company’s paid $8.3 million for Pine Valley, a 108-unit complex at 5300 Countryside Drive in Winston-Salem, $6.5 million for Whitford Place, a 76-unit complex at 400 Whitford Place Court in Winston-Salem, $5.33 million for Lyons Walk, a 72-unit complex at 500 Lyons Walk Drive in Kernersville and $2.15 million for Andrews Height, a 56-unit complex at 125 Ferrell Heights Court in Winston-Salem
Harmony Housing Affordable Development was formed in 2023 when it acquired the property development and advisory business of Greystone Affordable Development.
Find out what still pencils in Phoenix today and be part of the conversation shaping the region’s multifamily, SFR, and BTR landscape going forward. Don’t miss the event where capital leaders, strategy experts, and new opportunities converge on April 8.www.ConnectPHXMF2026.com | Connect Phoenix Multifamily, SFR & BTR | Wednesday, April 8th at The Westin Kierland Resort & Spa, Scottsdale.
An RK Investors-led team obtained an $81 million construction loan for Sutherland at Piper Glen, a 299-unit multifamily development underway in Charlotte’s Piper Glen neighborhood. The financing was provided by Western-Southern Life Insurance Company. The financing was arranged by Nate Sittema, Kristen Reilley and Elliott Voreis with CBRE’s Debt & Structured Finance team. Currently under...
Learn more
NAI Capital Commercial EVPs John S. Archibald and Guillermo Olaiz, alongside senior associate Stephen Lam of the Investment Services Group in the Pasadena office, represented the seller, Star Horizon, LLC, in the sale of ZK Plaza, a 41,586-square-foot office building in Pasadena. The property sold for $13,400,000, representing a 3.5% premium over asking. Located at...
Learn more
Berkadia announced the sale of Orchard Corners & Suites, a 139-unit, 264-bed, garden-style student housing property serving The University of Kansas in Lawrence, Kansas. Berkadia’s Student Housing and Kansas City investment sales teams collaborated to facilitate the transaction on behalf of the seller, Utah-based Redstone Residential. The Berkadia team included Senior Managing Directors Travis Prince...
Learn moreRe/Max Real Estate Professionals
Central CA Commercial | California
Recckio Real Estate & Development
Northgate Real Estate Group
California
California