Charlotte-based Forsite Development said it has sold its Continental Tire headquarters building at MacMillan Park, although it is not disclosing the purchase price. Last week, Forsite said it sold the 74,844-square-foot Class A office building to I A Fort Mill, ...Read More »
Construction and Real Estate
The Midtown, Morehead and Cherry Area Plan is expected to be voted on by the Charlotte-Mecklenburg Planning Commission’s planning committee today. The plan encompasses approximately 455 acres bounded by South Tryon Street and the John Belk Freeway to the north, ...
Tagged with: Charlotte-Mecklenburg Planning CommissionRead More »
With all of the controversy over union labor and the 2012 Democratic National Convention, a group is offering free legal aid for nonunion workers who are forced from jobs during the convention next fall. The Springfield, Va.-based National Right to ...Read More »
A new tax law that would require 3 percent withholding from all checks paid to contractors for construction projects from the federal government has been repealed. The statute, set to start in January, was voted down 95-0 in the U.S. ...Read More »
Miami-based Lennar Homes says it has purchased land in Matthews to develop the new 36-home Pleasant Ridge community. Construction is expected to start this month, with the first homes to be complete by January, Lennar spokeswoman Liz Baker said. The ...Read More »
If low-income people in Cabarrus County want to weatherize their homes for the winter, many will have to pay for it without government help. Cabarrus County commissioners have rejected $75,000 in federal funds to weatherize homes and lower power bills. ...Read More »
The former Premiere Manufacturing Knitting Co. plant in Morganton has a new lease on life, since it’s now home to City Hall and residential and commercial properties. About 10 years ago, the 100,000-square-foot Burke County building was a decaying hulk ...Read More »
A Gaston County Realtor was scheduled to have her broker’s license suspended for 12 months, but instead she’s been put on probation for 12 months. On Nov. 1, the North Carolina Real Estate Commission issued a stay of the suspension ...Read More »
The Obama administration rolled out revisions to a program last month designed to prevent some homeowners from going into foreclosure. But many question the Home Affordable Refinance Program’s effectiveness and say that it’s too narrow and limited to make an ...
Tagged with: Bruce Marks Charlotte Regional Mortgage Lenders Association Fannie Mae Federal Housing Finance Agency Freddie Mac Home Affordable Refinance Program John Connaughton Kip Byrne Neighborhood Assistance Corporation of America Republic Mortgage Insurance Co. U.S. Department of Housing and Urban DevelopmentRead More »