Building Success: News from Cape Fear’s Companies

Spotlight on newsworthy CFC projects

Modern apartment complex with a pool area, lounge chairs, and blue umbrellas where people are mingling on a terrace.

May 7th, 2026

Cape Fear Development Celebrates The Opening of Proximity Watermark

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News Spotlight

Highlighting Our Latest Projects, People & Progress

Aerial view of a housing construction site with partially built apartment buildings and cranes among fall-colored trees.

September 30, 2026

Proximity Chesapeake Continues to Take Shape as Construction Progresses

Construction is progressing at Proximity Chesapeake, Cape Fear Development’s 215-unit mixed-use community, with major milestones reached and completion expected in August 2027.

September 15, 2026

Cape Fear Commercial Featured in WilmingtonBiz Magazine’s “Women Who Mean Business”

Cape Fear Commercial is proud to be featured in WilmingtonBiz Magazine’s Fall 2026 “Women Who Mean Business” section, celebrating the women making an impact in Wilmington’s business community.

Aerial view of a coastal town with a long wooden pier extending into the sea, a sandy beach, and rows of houses along a grid of streets.

May 28, 2026

Legacy Seven Seas Inn in Kure Beach Transitions to New Ownership

Cape Fear Commercial facilitates sale of the 32-key Seven Seas Inn in Kure Beach, positioning the beachfront asset for modernization, operational upgrades, and future expansion.

May 7, 2026

Cape Fear Development Celebrates The Opening of Proximity Watermark

Cape Fear Development proudly celebrated the Grand Opening of Proximity Watermark on May 7th, welcoming 150+ guests to Wilmington’s newest riverfront community.

March 26, 2026

CFD’s Proximity Carolina Beach Wins 2026 CREW Award of Excellence

Cape Fear Commercial is proud to announce that Proximity Carolina Beach, developed by Cape Fear Development, has been recognized as a winner of the 2026 Cape Fear CREW Awards of Excellence

March 12, 2026

Cape Fear Commercial Brokers Named 2025 CoStar Power Broker Award Winners

This year’s awards mark another strong showing for our firm, with Cape Fear Commercial recognized across every brokerage category in the Wilmington market.

February 20, 2026

Hard Hat Tours Now Underway at Proximity Watermark

Cape Fear Development is pleased to share a major milestone at Proximity Watermark, our waterfront luxury apartment community in Wilmington, North Carolina.

December 2, 2025

Cape Fear Development Brings on Aubrey Parsley to Spearhead Public-Private Initiatives Across the Region

Cape Fear Development is pleased to announce that Aubrey Parsley has joined the firm as Managing Director of Public-Private Partnerships, a pivotal role