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 »
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 ...Read More »
ROCK HILL — City officials and community leaders continue exploring viable transportation options for the city’s Knowledge Park project ahead of a York County Council decision that will determine some of the project’s funding. The Knowledge Park Leadership Group, a ...
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Renewed activity has boosted the outlook for Charlotte’s uptown office market this year, a welcome change from the doldrums experienced in the fourth quarter of 2014. Corporate demand for space has caused the vacancy rate to drop, new capacity is ...Read More »
Rising rents and falling vacancy rates are boosting the outlook for Charlotte’s industrial real estate sector, with build-to-suit properties popping up around the metro area and some 2 million square feet of speculative space up for grabs. Meanwhile, capital is ...Read More »
A stronger labor market and increasing household formation should boost commercial real estate slightly, but a tepid economy and funding woes will prevent any real revving of the office, retail and industrial markets. However, young adults’ continued robust demand for ...Read More »