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Construction and Real Estate

US pending home sales fall in August (access required)

cash for home

WASHINGTON — Fewer Americans signed contracts to buy homes in August, as pending sales slumped amid broader concerns about the U.S. stock market and global economy. The National Association of Realtors said Monday its seasonally adjusted pending home sales index ...

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Waverly development gets three new tenants (access required)

Waverly Ground View

Charlotte-based developers Crosland Southeast and Childress Klein have signed three new tenants for the Waverly development. ULTA Beauty, the country’s largest cosmetics retailer, will lease 11,000 square feet in the 90-acre development near the intersection of Providence and Ardrey Kell ...

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AvidXchange breaks ground on new campus (access required)

Charlotte software company AvidXchange plans on moving into 200,000 square feet at the NC Music Factory site when construction is completed on a six-story building in early 2017. This rendering shows the company’s headquarters after a second building is added.

Locally owned software company AvidXchange Inc. broke ground Monday on its new “state-of-the-art” corporate campus north of uptown and announced it had closed on a $225 million investment led by Bain Capital Ventures. AvidXchange said it will use the funding ...

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