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 ...Read More »
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: Cardinal Real Estate Partners Charlotte Chamber of Commerce Childress Klein Crescent Communities Frank Warren John Culbertson Lincoln Harris Mark Vitner Piedmont Properties Portman Holdings Spectrum Properties 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 »
The final segment of the Interstate 485 Outer Loop, which will be completed this spring, will be named after Allen Tate Jr., founder and CEO of Charlotte-based real estate company Allen Tate Co. The N.C. Board of Transportation made the ...
Tagged with: North Carolina Department of TransportationRead More »
CHARLOTTE – The housing market in 2014 was “healthy and measured,” said Maren Brisson-Kuester, the 2015 president of the Charlotte Regional Realtor Association, and she expects the same in the upcoming year. Home sales and prices rose in 2014 in ...Read More »
The North Carolina Real Estate Commission has accepted the voluntary surrender of an agent’s real estate license and temporarily suspended the license of a Mooresville broker. Shena Montgomery surrendered her real estate license to the commission, which in turn dismissed ...
Tagged with: North Carolina Real Estate CommissionRead More »
CHARLOTTE – Several developers are seeking rezonings for projects ranging from huge multifamily housing developments to transit-oriented and mixed-use projects. Along the proposed Lynx Blue Line extension route, property owner Carolina States Regional Center wants to build a 350-unit apartment ...
Tagged with: Light railRead More »
CHARLOTTE – Charlotte-based developer Grubb Properties and New York Life Real Estate Investors have purchased a 19-story office building at 525 N. Tryon St. in uptown, near the two SkyHouse Uptown apartment towers that are being developed by Grubb Properties ...Read More »
WASHINGTON — U.S. home values rose at a measured pace in November, a sign that demand remains weak as many buyers have been priced out of the market. Prices increased 5.5 percent in November compared with 12 months earlier, real ...Read More »