WILMINGTON – We were 34 miles from land with only black waves and stars in every direction. Atop the abandoned light house tower, wind stung our sunburned faces. The lights flickered, sharks prowled the water 85 feet below and Jim ...Read More »
Commercial Real Estate
With the economy rebounding, Charlotte’s housing market is no different from those in other major metros experiencing a drop off in all-cash and distressed sales. But that doesn’t mean institutional investors have lost interest—the Queen City is still one of ...Read More »
Developers target retirees, transit-oriented projects: Rezoning requests submitted for residential and office mixed-use projects
CHARLOTTE – Developers are betting on the booming rental market, with several filing rezoning requests with the city to add apartments across Charlotte. Others are promoting townhome and single-family construction, both with and without mixed uses. The largest project by ...
Tagged with: Charlotte City Council rezoning applications Copper Builders Crescent Acquisitions Crescent Communities Cresswind FCD Developments Kolter Homes New Carolina Income Properties Randolph Road Redevelopment Wade MillerRead More »
Charlotte’s reputation as a financial powerhouse can be traced back to a 12-year-old boy in Midland. One spring Sunday in 1799, Conrad Reed went fishing in Little Meadow Creek and took a liking to a 17-pound, wedge-shaped object jutting from ...Read More »
It’s not every day that North Carolina’s courts recognize a new cause of action, but a North Carolina Business Court judge did just that in a June opinion allowing a borrower to bring a claim against his bank alleging that ...Read More »
ROCK HILL — The city could break ground on the first phase of its Knowledge Park redevelopment project as early as the end of the year, now that it’s put to rest a revised finance agreement with York County. Knowledge ...Read More »
The Charlotte region and North Carolina followed last month’s national trend of an increased number of homes reverting to bank ownership, the result of a foreclosure backlog wending its way through the regulatory system. According to RealtyTrac, the number of ...
Tagged with: repossessedRead More »