Colonial Properties Trust said it has purchased the Colonial Grand apartment complex in Cornelius for $23.4 million. In a press release, the Birmingham, Ala., real estate investment trust said the 236-unit Class A apartment community is in the “high-end submarket of Cornelius near Lake ...Read More »
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The Charlotte Mecklenburg Coalition for Housing. The Charlotte Regional Visitors Authority. The Residential Rental Property Review Board. Those are among 19 boards, committees and other panels with vacancies that the Charlotte City Council will make nominations for April 11. The positions ...Read More »
The CEO of Beazer Homes will pay $6.5 million to reimburse the company for bonuses and stock profits he received while the company was committing accounting fraud, the Securities and Exchange Commission said. The SEC said a settlement was reached Thursday with Ian ...Read More »
Mecklenburg County foreclosure cases rose 107 percent in February from the same month last year, according to the North Carolina Administrative Office of the Courts. There were 1,943 cases, up from 937. February foreclosure cases were also up from January, when there were 1,850. That’s a ...
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Charlotte-based Piedmont Natural Gas today said Jerry Amos is retiring from its board of directors. Amos has been a member of the board since 1978. Starting in 1964, Amos began representing Piedmont as outside counsel. He became the company’s general counsel ...
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A day after turning down a buyout offer, Family Dollar Stores said today it has aligned itself with Fort Worth, Texas-based Marketing Management to grow its private-brand business. Under the deal, MMI will help Family Dollar with private-brand sourcing, product ...
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Santa Fe Springs, Calif.-based Kelly Pipe Co. has leased roughly 108,000 square feet of warehouse and office space in Charlotte and created five jobs, the Charlotte Chamber of Commerce said today. The facility is at 9925 Brookford St. The new location enhances ...Read More »
Austria-based Steinbauer Tuning Technologies has moved its U.S. subsidiary from Chicago to southwest Charlotte. A press release from the Charlotte Chamber of Commerce says Steinbauer has bought a 4,200-square-foot office-warehouse condo unit at 364 Crompton St. near the Westinghouse Boulevard interchange with ...Read More »