Construction employment fell 4.5 percent in May from a year ago, according to the Associated General Contractors of America. The Arlington, Va.-based trade group said the state shed 8,000 jobs over the year. Construction employment in May stood at 170,700. ...Read More »
Construction and Real Estate
Campus Crest Communities said its board of directors has declared a second-quarter dividend of 16 cents per common share. The dividend is payable July 13 to shareholders of record as of June 29. Campus Crest is a developer, builder, owner and manager ...Read More »
As executive director of the North Carolina Manufactured and Modular Homebuilders Association, Brad Lovin is constantly promoting ownership of mobile homes. It’s not an easy gig. Lovin said that since the Great Recession hit, he’s heard from many — from ...Read More »
Charlotte’s Crowne Plaza hotel sold Wednesday to Greenville, S.C.-based JHM Hotels, which plans a major renovation of the property. Charlotte Hospitality LCC, which is based in Michigan, sold the property, the hotel’s general manager, Bill Moore, told The Mecklenburg Times. Moore said ...Read More »
Mortgage rates fell this week from last week, Charlotte-based LendingTree said today. As of Tuesday, average home loan rates offered by LendingTree network lenders were 4.67 percent for 30-year fixed-rate mortgages, 3.88 percent for 15-year fixed-rate mortgages and 3.31 percent for 5/1 adjustable-rate ...
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Distressed properties dominated 22 percent of the Charlotte metropolitan area real estate market in May, according to a report released today by the Charlotte Regional Realtor Association. According to the report, 22.6 percent of the homes for sale were lender-mediated ...
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There aren’t many lulls in the truck traffic coming in and out of the Norfolk Southern Corp. intermodal rail yard on North Brevard Street in Charlotte. Trucking companies like Lowell, Ark.-based J.B. Hunt steadily bring in trailers of products for ...Read More »
The Tuesday Interview: Mark Baldwin, Home Builders Association of Charlotte executive vice president
Age: 64 Lives in: SouthPark Family: wife, Elaine; children, April, 38, Chris, 45, Kim, 46, Michele (deceased), 49 Education: attended University of Maryland but did not graduate In was November 1979. Mark Baldwin was working in the hospitality industry and ...Read More »