NEW YORK – The Blackstone Group LP on Thursday reported fourth-quarter earnings of $1.26 billion. The company owns Invitation Homes, a real estate investment trust that has bought 1,220 Mecklenburg County homes to hold as rentals since 2012, according to ...Read More »
CHARLOTTE — The NASCAR Hall of Fame’s sponsorship revenue has dropped sharply in the past few years. The Charlotte Observer reported that sponsorship revenue has dropped from $1.5 million in 2012 to $110,000 for the new budget year starting in ...Read More »
The Department of the Interior has named the town of Matthews a Preserve America Community, making it the 30th in the state to receive the honor. The designation is awarded to communities that protect and celebrate their heritage, use their ...Read More »
More than 80 percent of construction firms nationwide plan to expand their payrolls in 2015, but firms also expect finding workers to fill professional and craft worker positions to continue to be a challenge, according to the Associated General Contractors ...
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CHARLOTTE – Dallas-based Westmount Realty Capital has announced the sale of Logistics Pointe/Charlotte about 2 miles southwest of the Interstate 485 and I-77 intersection in southwest Charlotte. LRC Opportunity Fund and New York Life Real Estate Investors bought the property ...
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CHARLOTTE — Chiquita Brands International expects its move from Charlotte to cost between $25 million and $40 million. The Charlotte Observer reported that the company said Wednesday the estimate includes severance payments for employees and refunds to state and local ...Read More »
RALEIGH — The Pentagon is pairing with Duke Energy to build an 80-acre solar farm at Camp Lejeune, a sprawling U.S. Marine Corps base along the North Carolina coast. Duke announced Thursday it will own and operate the 13-megawatt facility, which the company ...Read More »
Charlotte Chamber of Commerce President Bob Morgan spoke at the American Institute of Architects membership luncheon on Tuesday. In his presentation, “Keeping it Local: Current State of Charlotte Economy,” Morgan said that local efforts, transportation infrastructure, educational institutions and business ...
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