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Closing on foreclosures: Inventory down, but deals still out there (access required)

foreclosures

Some homebuyers associate foreclosures with bargain-basement prices and oodles of profits. Others view the prospect of a distressed-home purchase as rife with potential pitfalls, including hidden rehab costs and multiple title liens. The truth lies somewhere in the middle. Although ...

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Developers confident about Charlotte’s apartment market (access required)

DebraCampbell_WEB

Local developers were bullish on the future of Charlotte’s apartment market at Bisnow’s Tuesday morning panel discussion on multifamily communities in Charlotte. Dubbed “New Development and Rezoning for the Future: Charlotte’s Multifamily Boom,” the breakfast at The Westin had more ...

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Alevo announces plans for Concord plant (access required)

Alevo's "utility-grade" rechargeable batteries will be housed in 40-foot shipping containers called GridBanks. Photo by Eric Dinkins

After six years of research and development, energy service provider Alevo Group announced plans for its 2,000-acre manufacturing facility in Concord at a launch ceremony Tuesday. Alevo is repurposing the 3.5 million-square-foot building, previously the Philip Morris USA Industrial Campus ...

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