The CEO of Beazer Homes will pay $6.5 million to reimburse the company for bonuses and stock profits he received while the company was committing accounting fraud, the Securities and Exchange Commission said. The SEC said a settlement was reached Thursday with Ian ...Read More »
Construction and Real Estate
Mecklenburg County foreclosure cases rose 107 percent in February from the same month last year, according to the North Carolina Administrative Office of the Courts. There were 1,943 cases, up from 937. February foreclosure cases were also up from January, when there were 1,850. That’s a ...
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Baltimore-based remodeling company Window Nation said it has entered the Charlotte market by opening a showroom in Huntersville. The showroom, at 15905 Brookway Drive, sells replacement windows. The company also operates in South Carolina, Maryland, Ohio, Virginia and Washington, D.C.
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The Ally Center, a 15-story uptown office tower, is close to filling its vacant retail space, with two restaurants slated to move in. That’s according to Peter Conway, co-managing partner for Trinity Partners, a subsidiary of Trinity Capital Advisers, which owns the ...Read More »
Hotel Sierra has opened in Charlotte’s center city at 435 E. Trade St. The 163-room property opened Tuesday. Owned by Wichita, Kan.-based LodgeWorks, the extended-stay hotel features kitchens in 134 rooms. The building has 17 floors, seven of which are for ...Read More »
Forsite Development today said it has bought a former textile mill in Gastonia. 1925 West Poplar St., a 211,000-square-foot building, has been leased to Wix Filters and Republic Textile Equipment Co., Charlotte-based Forsite said. Wix designs, manufactures and distributes products for automotive, ...Read More »
Charlotte-based Tree.com today said Bruce Cook has been named vice president of business development for Tree.com and LendingTree. Prior to joining Tree.com, Cook was managing director for ConsumerTrack Inc. and director of business development at Experian/LowerMyBills.com.Read More »
Charlotte-based Carolinas Associated General Contractors today named a liaison for CAGC’s highway division members to the South Carolina Department of Transportation. Danny Shealy has served as a SCDOT construction director, CAGC said. “We are thankful to have a professional of Danny’s caliber ...Read More »