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Real Estate Trail
Institutional Press Wire
Connect CRE

Gilbane-Led Team Breaks Ground on 200-Unit Raleigh Affordable Housing Project

Via Connect CRE · October 29, 2026
Compiled by Real Estate Trail Editorial · October 29, 2026

Why this matters

Commercial real estate continues to digest a multi-year reset in cost of capital. Transaction velocity is below the 2019-2021 trend but improving, cap rates have stabilized across most stabilized property types, and the bid-ask gap has narrowed materially in the past two quarters. Sponsors with permanent capital and operating platforms have an advantage in the current execution environment. The next twelve months will continue to reward underwriting discipline and operational sophistication over balance-sheet aggression.

Editorial analysis · Real Estate Trail Editorial

Excerpt from Connect CRE:
Gilbane, in partnership with Harmony Housing Affordable Development Inc. (HHAD) and F7 International Development, started work on Chapanoke, a 200-unit residential community in Raleigh. The property will also include…
Read the full article at Connect CRE →

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