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Crescent issued permits for $58 million Dilworth project (access required)

Crescent Communities, the Charlotte-based commercial developer, has been issued almost $14 million in building permits to get started on Crescent Dilworth, its $58 million mixed-use apartment project at the intersection of Morehead Street and Harding Place.

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Cornerstone Core Properties buys three assisted living facilities in N.C. (access required)

Irvine, Calif.-based Cornerstone Core Properties REIT Inc. has purchased three assisted living facilities in North Carolina for a combined price of $15.23 million from Meridian Senior Living LLC, one of the ten largest providers of assisted living communities in the country.

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Charlotte foreclosure rate drops nearly 43% in September from previous year (access required)

Charlotte’s foreclosure rate in September decreased by 42.70 percent from the same time last year, according to new data from real estate tracking company RealtyTrac. Nationally, foreclosure activity was down 27 percent year-over-year in September, but increased 2 percent from the previous month.

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Three Prudential offices join Berkshire Hathaway HomeServices (access required)

Berkshire Hathaway HomeServices, a new real estate brokerage network based in Irvine, Calif., has added three N.C. Prudential Realty offices to its lineup, bringing the company's number of offices in its N.C.-based Berkshire Hathaway HomeServices Carolinas Realty to 13, according to a news release from Berkshire.

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Foreclosure activity declining in N.C., nationally (access required)

Foreclosure inventory in August was down 34 percent nationally from a year ago, according to CoreLogic, the residential property information, analytics and services provider. CoreLogic’s report, released Tuesday, shows that there were 48,000 completed foreclosures in August compared to 72,000 in August 2012.

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