The same developer that's building the five-story Friendly Apartments next to Stanhope on Hillsborough Street has bought another prominent property across from the N.C. State University campus from the Baptist State Convention. An affiliate of Blue Sky Development Services of Raleigh has paid $860,000 for the 6,000-square-foot Baptist Student Center building at 2702 Hillsborough St., according to county records. The modernist-style building at the intersection of Gardner Stre
RALEIGH :The surge of redevelopment activity along Raleigh’s Hillsborough Street shows no signs of slowing, with developers now actively seeking to transform several large parcels on the western end of the thoroughfare.A Georgia-based student housing developer wants to redevelop a 3.2-acre site along Hillsborough that is now home to the offices of the online book publisher Lulu.com. Athens-based Landmark Properties wants to convert the site into a five-story apartment complex
The SEC just voted on and passed rules to implement Title III of the JOBS Act, bringing non-accredited investors into the fold for equity crowdfunding. This sets the stage for equity crowdfunding to continue its exponential growth over the next 3-5 years, on top of the existing market for accredited investors. As the CEO of equity crowdfunding platform Crowdfunder.com, I’ve had a front row seat as a participant in JOBS Act legislation and the long delayed regulatory rulings.