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Author Archives: Scott Baughman

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Real estate execs pump cash into next month’s Charlotte elections (access required)

Charlotte-based Spangler Construction used to be in the commercial construction business. These days it’s known as a real estate investment company. And in the upcoming Charlotte City Council and mayoral elections, Spangler’s known as the company whose employees have donated ...

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Bank Bailout: CommunityOne takes control of failed subdivision site from Gaston commissioner (access required)

Joe Carpenter made his living cutting grass with his own landscaping business. This month, the 75-year-old Gaston County Commissioner is just cutting his losses. Instead of foreclosing, CommunityOne Bank accepted land from Carpenter meant for two failed subdivisions: Kings Pinnacle ...

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Convention Tension (access required)

On April 28, former Charlotte Mayor Harvey Gantt stood behind a podium at the Bechtler Museum of Modern Art, addressing the crowd that had gathered for the press conference. The focus of the event was the 2012 Democratic National Convention, ...

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Homebound: Many Charlotte-area 
owners are staying put in 
the downturn rather than downsizing (access required)

News stories, pundits and blog entries across the U.S. have recently trumpeted the return of the smaller home as consumers look for ways to cut expenses as the economy limps along. But the trend has skipped over the Charlotte area, ...

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