Capital Square Lands $105M Refi for Newly Built Raleigh Rental Asset
Capital Square obtained a $105 million loan to refinance Maeve, a newly delivered 297-unit luxury high-rise community located in an opportunity zone in the heart of Raleigh’s Warehouse District.
Walker & Dunlop Capital Markets Real Estate Finance arranged the refinance. Alexandra Huffman, Justin Nelson, and PJ Feichtmeier arranged the floating-rate, interest-only bridge loan with TPG Real Estate Finance.
Completed in 2025, Maeve features 297 apartment homes and more than 10,000 square feet of street-level retail space. The community offers studio and one- to three-bedroom residences and a full suite of amenities, including a resort-style pool, rooftop lounge, coworking spaces and golf simulator.
The property offers walkable access to entertainment venues, restaurants, cultural landmarks and major employers. Its proximity to U.S. Route 70 also provides convenient connectivity to the Research Triangle and several nationally recognized universities, including Duke University, the University of North Carolina at Chapel Hill and North Carolina State University.
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RK Investors Lands $81M Construction Loan for 299-Unit Charlotte Rental Community
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...
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Pasadena Offices Sell for Residential Conversion
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...
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Berkadia Negotiates Student Housing Property Sale in Kansas
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...
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Brokers
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Remax Real Estate Professionals
Re/Max Real Estate Professionals
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Jared Ennis
Central CA Commercial | California
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Rick Recckio
Recckio Real Estate & Development
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Greg Corbin
Northgate Real Estate Group
Lenders
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Essex Property Trust, Inc.
California
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Josh A
California
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Bob Tuteur
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Andrew Schildcrout