Griffin-American Healthcare REIT III Inc. has entered into an agreement to buy the 58,000-square-foot Carolina Commons Medical Office Building in Fort Mill, S.C., the company said in an announcement. The Class A building was built in 2009 at 6237 Carolina ...Read More »
Construction spending in July reached its highest level in 5 ½ years according to data released by the U.S. Commerce Department. Spending on both private and public construction projects rose 1.8 percent from June to a seasonally adjusted rate of ...Read More »
The Charlotte metro area experienced the fastest rate of growth in exports in the country, from 2012 to 2013, with exports growing by 69 percent. Strong exports of transportation equipment and machinery accounted for the increase, according to the U.S. ...Read More »
For the first time in seven years, the Charlotte Housing Authority will open the waiting list for its Housing Choice Voucher program. The program, which was formerly known as Section 8, is administered by the U.S. Department of Housing and ...Read More »
Home prices in Charlotte including distressed sales rose 6.5 percent in July compared to July 2013, according to new data released by CoreLogic. On a month-over-over month basis, home prices in the Charlotte-Concord-Gastonia metropolitan statistical area were also up slightly, ...
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CBRE Auction Services will hold an online auction Oct. 1 for a nearly 25-acre tract that it bills as the “largest remaining undeveloped waterfront parcel in downtown New Bern.” The land, at 912-1000 N. Craven St., has 1,797 feet of ...Read More »
Pending home sales in the South rose to a seasonally adjusted index level of 119.0 in July, an increase of 4.2 from June, but still 1.0 percent below where they were last July. The South had the highest index among ...Read More »
Thirty percent of construction companies nationally have turned down a job because of the unavailability of skilled labor, a new survey of industry members conducted by the Associated General Contractors of America has found. While employment in the construction industry ...
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Two California men were sentenced to federal prison after pleading guilty to conspiring to illegally access and use computerized database information from Charlotte-based online mortgage broker Lending Tree.com. Brian Matthew Rich of Laguna Beach, Calif., was sentenced to two years ...Read More »