North Carolina
Brazos Residential Expands Footprint in North Carolina with $41M Acquisition.
DALLAS, Sept. 1, 2022 /PRNewswire/ — Brazos Residential, LLC, a Dallas-based actual property personal funding agency specializing in multifamily investments, broadcasts the $41M acquisition of the Wilson Woods Townhomes situated in Wilson, NC. The transaction marks the agency’s tenth acquisition in 2022.
“Wilson Woods has an exceptionally distinctive story,” explains James Roberts, Managing Associate, and Cofounder
Constructed in 1974, Wilson Woods Townhomes is located on an expansive 31 acres at 1706 Winery Dr. in Wilson, NC, about 40 miles from jap Raleigh. The group has 376 models and presents a fascinating mixture of beneficiant one, two, and three-bedroom ground plans, with a mean unit measurement of over 1,000 sq. ft.
“Wilson Woods has an exceptionally distinctive story,” explains James Roberts, Managing Associate, and Cofounder. “The asset has been owned by the vendor for over twenty-five years. This kind of long-term, privately owned property could be very uncommon, particularly in extremely sought-after markets in North Carolina.”
The group is the agency’s seventh North Carolina acquisition this yr and highlights the corporate’s funding technique of buying value-add alternatives with important operational upside in rising cities close to well-established markets like Raleigh-Durham.
“This funding continues to help our thesis of concentrating on robust rising markets with immense potential. Given its proximity to Raleigh-Durham, the property offers strategic synergies to Brazos’ increasing portfolio in jap North Carolina,” proclaims William Hancock, Managing Associate, and Cofounder. “We’re excited to reposition this asset and capitalize on its operational inefficiencies to maximise returns to our investor companions and enhance the residing expertise of the tenants.”
Based in 2022, Brazos Residential owns over 1,700 multifamily models throughout the American sunbelt, predominately situated in Texas and North Carolina. Brazos employs a dynamic staff of actual property, personal fairness, accounting, and capital market professionals and controls over $215 million in multifamily actual property investments.
For extra data, please contact Taylor Leander, Director of Investor Relations, at (214) 432-8065, Traders@BrazosResidential.com.
View unique content material to obtain multimedia:https://www.prnewswire.com/news-releases/brazos-residential-expands-footprint-in-north-carolina-with-41m-acquisition-301617104.html
SOURCE Brazos Residential
North Carolina
North Carolina 63-61 NC State (Jan 11, 2025) Game Recap – ESPN
RALEIGH, N.C. — — Ian Jackson scored 21 points and Jalen Washington made the game-winning basket then sealed it with a block to give North Carolina a 63-61 victory over N.C. State on Saturday.
It was tied at 61-all when Washington’s dunk ended the scoring with 24 seconds left. Washington then blocked Jayden Taylor’s layup attempt to end it.
Washington blocked three shots and recorded his first career double-double, scoring 11 points and grabbing 12 rebounds. Jackson made five 3-pointers and finished 8-of-15 shooting. RJ Davis added 11 points for North Carolina (11-3, 7-1 ACC).
Marcus Hill scored 20 points and grabbed nine rebounds for N.C. State (9-7, 2-3), which has lost three of its last four. Taylor added 12 points and Ben Middlebrooks had 14 rebounds.
The Tar Heels led for most of the game and by as many as nine points, 56-47, with about six minutes. Hill scored six points during a 12-2 run to give the Wolfpack a 59-58 advantage with 2:28 remaining.
North Carolina will look to extend its three-game win streak with a home game against California on Wednesday.
N.C. State plays at Virginia Tech on Wednesday.
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North Carolina
North Carolina governor pushes FEMA to extend temporary shelter assistance as winter storm rolls in
North Carolina Gov. Josh Stein said he will continue to use every resource at his disposal to ensure that residents impacted by Hurricane Helene stay warm, as winter storms sweep across the state – potentially affecting power grids and other critical infrastructure impacted by the prior storm.
Federal Emergency Management Agency (FEMA) temporary housing assistance will end Saturday for thousands of North Carolina residents, some of whom are facing frigid temperatures this weekend in the Appalachian Mountain region.
“At our request, FEMA has extended temporary shelter assistance through Tuesday in light of the winter storm impacting western North Carolina,” Stein’s office confirmed to FOX Business.
AMERICANS SPENDING THANKSGIVING IN TENTS AS HEAT, ELECTRICITY, FOOD STILL HARD TO FIND
The Transitional Sheltering Assistance (TSA) program, which cannot be requested and was only granted to survivors identified by FEMA beginning in October, was set to end on Friday and later pushed back to Saturday.
FEMA’s local disaster recovery centers will be closed through Monday, “due to winter weather.”
“I will continue to use every resource at my disposal to get folks into safe and warm shelter,” said Gov. Josh Stein.
North Carolinians started receiving letters on Jan. 3 informing them their hotel or motel rooms would no longer be covered, Fox News Digital reported. When eligibility ends, they are given a week’s notice to check out.
HUNDREDS OF LA HOMES EXPECTED TO BURN IN WILDFIRES
Thousands of Hurricane Helene survivors continue to be supported by the program in western North Carolina, following the September storm.
There are currently 5,600 households currently checked into hotels, according to FEMA.
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The agency said those with questions about eligibility should contact the FEMA helpline at 1-800-621-3362.
Fox News Digital’s Audrey Conklin and Brooke Singman contributed to this article.
North Carolina
North Carolina's starters with Seth Trimble back still unclear
Posted Jan 11, 2025
Who will Coach Hubert Davis start with the return of Seth Trimble and the continued ascent of freshman Ian Jackson? Trimble came off the bench in Tuesday’s win over SMU because the junior guard had only practiced once and hadn’t played since Dec. 21. If Trimble returns to the starting lineup for UNC at N.C. State, it isn’t clear who else will start.
(Tar Heel Tribune)
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