Investors can find some pretty good deals in Mecklenburg County, and they don’t have to buy one of the many foreclosures sitting on the market. Eye-popping purchases — like a $555,500 property that sold earlier this year for a mere ...Read More »
Construction and Real Estate
The purchase of the collapsed Abersham subdivision site has got to be one of the most unusual and complicated real estate deals in Mecklenburg County history. And most of those involved in the sale agree that they’ve never seen anything ...
Tagged with: Abersham Ann Pilkington CommunityOne Bank Fifth Third Bank Frank Jacobus Horack Talley Jason Karo Jim Garges Marble Properties Rachel Karo RBC Bank Saxby Chaplin Slade Gleaton Trust for Public LandRead More »
There might be price stabilization in the Charlotte real estate market soon, the chief economist for the National Association of Realtors said this week. Lawrence Yun, speaking Tuesday to 236 real estate professionals during a Charlotte Regional Realtor Association event, ...Read More »
A proposed 66-bed psychiatric-care facility that spawned nasty exchanges between Mecklenburg County officials and Carolinas HealthCare System has won state approval. The roughly $33 million, 71,700-square-foot project would be built on CHS-owned land near Huntersville Oaks nursing home. Earlier this ...Read More »
Charlotte-based student housing developer Campus Crest Communities reported earnings in the third quarter, a reversal from the same period last year. On Tuesday, it said it had net income of $408,000, or 1 cent per share, in the third quarter, compared with ...
Tagged with: Campus Crest CommunitiesRead More »
Roger Dean Bailey, 38, of Hickory, pleaded guilty Sunday to conspiring to defraud buyers of manufactured housing and the mortgage lenders used for their financing. Prosecutors say Bailey, a former manufactured-housing sales manager, was charged with one count of conspiracy ...Read More »
The Southern Environmental Law Center is challenging a ruling that paves the way for the more than $700 million Monroe Bypass project to move forward. On Monday, the SELC filed an appeal in federal court after U.S. District Court Judge James Dever III ...
Tagged with: Anderson Columbia Boggs Paving Clean Air Carolina Federal Highway Administration James Dever Monroe Connector-Bypass North Carolina Department of Transportation North Carolina Turnpike Authority North Carolina Wildlife Federation Rummel Klepper & Kahl Southern Environmental Law Center United Infrastructure Group Yadkin RiverkeeperRead More »
The Stewart Group has won approval from Cornelius officials on a contract to buy a lot on which it plans to build a two-story, 15,000-square-foot commercial center. Last week, Cornelius’ Town Board OK’d allowing Stewart to purchase the vacant lot next to Town Hall. ...Read More »
Greenville, S.C.-based RealtyLink can move forward with construction on a 67,000-square-foot commercial building. The Statesville Board of Adjustment has granted the company a variance. Approved Tuesday, it allows the building to have flat exterior walls on the back and sides, ...Read More »
Mike McElroy’s made a career out of turning around homebuilding companies. His secret? Don’t micromanage. Lives in: Waxhaw Age: 53 Family: wife, Brenda; daughter, Ella, 6 Education: bachelor’s in construction sciences from the University of Florida Mike McElroy started his ...Read More »