Bank of America said Monday it has reached an agreement with Fannie Mae and Freddie Mac over bad residential mortgage loans sold to them by Countrywide Financial Corp. As part of the agreement, Bank of America made a $1.28 billion ...Read More »
Construction and Real Estate
Mecklenburg County said Monday it has completed a $3.1 million purchase of half of flood-prone Doral Apartments. The county, which bought 128 units on eight acres, plans to tear down the portion it bought. The complex features 260 units on ...Read More »
As the economy has forced some home builders out of business, it has also slowed down complaints against those in the industry, according to the Southern Piedmont/Charlotte chapter of the Better Business Bureau. But when those complaints do come in, ...Read More »
In 2010, 18 companies opened new offices, headquarters or facilities in Mecklenburg County, according to the Charlotte Regional Partnership’s By the Numbers report. Here are profiles of four businesses that decided Mecklenburg is the right spot for them to put ...
Tagged with: ABB Alan Milinazzo Alan Simonini Babcock & Wilcox Berry Plastics Corp. Brandon Bethards Business Investment Program Charlotte Regional Partnership Charlotte/Douglas International Airport Citco Fund Services Cooper Wiring Devices Corder Philips Deere & Company Jay Pellar John Gowlett John May Linet Americas McDermott International North Carolina Department of Commerce Orthofix International Prentis Trickett Simonini Builders Summer Zifko Sun Chemical Corp.Read More »
For the second quarter in a row, contractors in the Heartland North Carolina region, which includes Mecklenburg County, predicted much stronger demand for labor in 2011 than 2010, according to the third-quarter Carolinas Associated General Contractors Construction Barometer released today. ...
Tagged with: Carolinas Associated General ContractorsRead More »
Charlotte was one of six markets that hit their lowest levels since home prices started to fall in 2006 and 2007, according to the S & P/Case-Shiller Home Price Indices released Tuesday. That means the average home prices in those ...Read More »
In 2005, buyers began signing sales agreements for The Vue, a condominium project in uptown Charlotte. Today, The Vue’s developers are suing at least four buyers over claims that they failed to finalize the sales. Such litigation is uncommon and ...Read More »
After nearly a decade of working as a talent agent, Bryan Geers was tired of the Hollywood hustle and bustle and in 2008 moved to Charlotte. In addition to representing producers and directors for cable and network television shows, Geers ...Read More »
Foreclosure sales left their mark on Mecklenburg County in 2010, affecting all parts of the county. Some areas have been hit harder than others, though. A Mecklenburg Times review of residential and commercial foreclosure records through Dec. 14 shows the ...Read More »
It doesn’t look good for Cornelius in the next 10 years. According to a report by the Urban Resource Group, which in September finished a study of Cornelius, the north Mecklenburg town’s population could peek at about 37,000 by 2020. ...Read More »