As a general rule in North Carolina, lenders typically do not owe a fiduciary duty to borrowers. But the state Court of Appeals has noted an exception to that rule in a case involving a lender that also served as ...Read More »
Construction and Real Estate
CHARLOTTE – The City Council unanimously approved several rezoning petitions Monday, paving the way for mixed-use projects in NoDa and other prime spots near uptown and further south. Council members granted deferrals on other requests, and listened to concerns from ...Read More »
The share of homes that were bought with cash in the Charlotte area fell 3.7 percentage points in April from April 2014, according to real estate information and analytics provider CoreLogic. Cash sales in the Charlotte-Concord-Gastonia area accounted for 28 ...
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The N.C. Senate has transformed a one-page House bill on gravel-transport regulation into 54 pages of omnibus provisions that would, among other things, raise the stakes for conservationists seeking to halt state transportation projects. House Bill 765 includes many proposals ...Read More »
RALEIGH — A bill eliminating one outlet for North Carolina homeowners to protest local development has passed the General Assembly and is headed to the governor, where it will likely receive final approval. The House voted 82-28 Wednesday in favor of ...
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Developers target retirees, transit-oriented projects: Rezoning requests submitted for residential and office mixed-use projects
CHARLOTTE – Developers are betting on the booming rental market, with several filing rezoning requests with the city to add apartments across Charlotte. Others are promoting townhome and single-family construction, both with and without mixed uses. The largest project by ...
Tagged with: Charlotte City Council rezoning applications Copper Builders Crescent Acquisitions Crescent Communities Cresswind FCD Developments Kolter Homes New Carolina Income Properties Randolph Road Redevelopment Wade MillerRead More »
Editor’s note: This story is part of a package created by The Associated Press, and including local information, taking a look at transportation infrastructure challenges faced by the nation’s urban centers as population growth outpaces funding and construction. More stories ...
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Charlotte’s reputation as a financial powerhouse can be traced back to a 12-year-old boy in Midland. One spring Sunday in 1799, Conrad Reed went fishing in Little Meadow Creek and took a liking to a 17-pound, wedge-shaped object jutting from ...Read More »