A bidding war for two historic mills in Charlotte’s North Davidson Street area is now in its second round after three companies submitted upset bids Monday. Last week, The Community Builders Inc., a Washington, D.C.-based affordable-housing developer, put in a winning bid ...Read More »
Construction and Real Estate
Crescent Resources today said it has hired Charlotte real estate attorney Nina Shor to create an in-house legal department for the real estate development company. Shor, who had headed The Shor Law Firm in Charlotte before joining Crescent, will also be the Charlotte-based company’s ...Read More »
Home prices in the Charlotte metropolitan area fell 0.7 percent in December from November and 4.4 percent from a year ago, according to the Standard & Poor’s Case-Shiller Home Price Index released today. Charlotte was one of 18 metropolitan statistical ...
Tagged with: Standard & Poor/Case-Shiller Home Price IndicesRead More »
When Mecklenburg County’s assessor’s office releases its 2011 revaluation of commercial properties in March, apartment owners may be surprised at how little their properties have increased in value since the last revaluation in 2003. Chuck Hicks, the county’s revaluation manager, ...Read More »
It’s anyone’s guess as to what the results of the county’s 2011 revaluation of commercial properties will be. Property owners won’t receive the new values until March. In the meantime, those involved in the revaluation say it’s likely that overall ...Read More »
Some in the real estate industry are big fans of it. Others have questions and suspicions. In a new move for Mecklenburg County’s assessor’s office, commercial properties that are being reassessed for 2011 property tax values will have an income-based ...Read More »
A trio of local companies has until Monday to submit upset bids for two historic Charlotte mills the city put up for sale last month. Earlier this week The Community Builders Inc., a Washington, D.C.-based affordable-housing developer, put in a ...
Tagged with: Aptus Management Argos Real Estate Advisors Ark Management Belmont Sayre Conformity Corp. M&J Merrifield Patrick Vermillion Peter Zeiler The Benoit Group The Community Builders Tuscan DevelopmentRead More »
In Davidson, an ordinance is pitting developers against town officials. At the crux of the conflict is a section of the town’s planning ordinance that is requiring the developer of Summers Walk, a master-planned residential community, to cover the cost ...Read More »
A foreclosure hearing is scheduled next month in Mecklenburg County involving four hotels owned by Hospitality Group of Hickory, a hotel-management company. According to court documents, Hospitality Group signed a promissory note in September 1998 with Wachovia Bank for $13.85 ...Read More »