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Construction and Real Estate

Distressed: A look back some of the area’s biggest commercial foreclosures of 2011 (access required)

At the end of last year, RealtyTrac, the Irvine, Calif.-based company that the media frequently rely on for foreclosure data, released its report on 2010. For those who don’t like it when foreclosures are up, it was bad news; one in every 50 homes in the Charlotte metropolitan area had foreclosure filings started against them in 2010, an increase of more than 37 percent over 2009.

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Lincoln County considers commercial subdivision (access required)

Austin Real Estate Investments is seeking plat approval from Lincoln County for a two-lot commercial subdivision. If approved, Austin Commercial Subdivision would have two tracts that are each approximately 4.02 acres. Lincoln County’s planning board has already recommended approval of ...

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