North Carolina’s legislators returned to Raleigh on Wednesday, and contractors, real estate professionals and developers are watching to see what legislation may be considered that will make their work easier or more difficult, more lucrative or less profitable. Among issues ...Read More »
While Charlotte’s uptown area will continue to develop and benefit from an improving economy, the region’s suburbs are next in line to attract development, according to Kimley-Horn economist Frank Warren, who spoke Tuesday at the year’s first luncheon of the ...Read More »
BELMONT – Site work has begun on McLean, a 670-acre master-planned development in Belmont that will include 800 homes, a marina, commercial space and a public park along the largest undeveloped portion of the Lake Wylie shoreline. The community also ...Read More »
National mortgage lender Movement Mortgage LLC has announced the relocation of its national headquarters to the Bailes Ridge Business Park in Lancaster County, S.C. Movement Mortgage plans to invest $22 million to build a 104,000-square-foot office building on 24 acres ...Read More »
CHARLOTTE — Chiquita Brands International will close its corporate headquarters in uptown after its buyout, the banana producer said Wednesday. Chiquita’s Charlotte operations where about 300 employees work will shut down over the next year to 18 months, interim Chief ...Read More »
Matthews-based Landmark Development Partners LLC has plans for a mixed-use development on 115 acres of land in northwest Charlotte, the same site where Cambridge Properties’ Mountain Island Promenade project failed to come to fruition following the Great Recession. Landmark Development ...
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The number of the Charlotte area’s mortgaged homes with negative equity fell to 6.8 percent in the third quarter of 2014 from 8.4 percent in third quarter 2013, according to CoreLogic. The third-quarter 2014 figure rose slightly, however, from the ...Read More »
Commercial outlook 2015: Population and job growth expected to support apartments, offices, industrial space
While the rapid growth of apartments in the Charlotte region has some industry professionals concerned that vacancy rates could rise in the near future, they believe job growth and projected population growth will fill the supply in the long run. ...
Tagged with: Capitol Towers Cardinal Real Estate Partners Charlotte Chamber of Commerce Childress Klein Cornerstone Real Estate Advisors Crescent Communities Frank Warren Greater Charlotte Apartment Association. The Silverman Group JLL John Culbertson Karnes Research Kimley-Horn and Associates Inc. Lincoln Harris Mark Vitner Paul Hendershot Piedmont Properties Portman Holdings Scott Hensley Spectrum Properties tryon place Wells FargoRead More »
Institutional investors bought nearly 18 percent of all single-family homes sold in Mecklenburg County in 2012, and own one in every 31 homes in the county, one of the highest rates in the country, according to figures released Thursday by ...Read More »