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 ...Read More »
One percent of homes with mortgages in the Charlotte-Concord-Gastonia metro region were facing foreclosure in September. That’s the same as in August, but a 0.8 percentage point decrease from September 2013, according to real estate data firm CoreLogic. North Carolina’s ...Read More »
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 ...Read More »
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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Charlotte City Council on Monday night approved a three-year extension of a stormwater mitigation fee program for redevelopment projects across the city. The city staff had originally recommended an extension of five years to the fee-in-lieu program, but reduced it ...Read More »
HUNTERSVILLE – Following 15 years of abandoned plans and false starts, the possibility of redevelopment for the former Magla Mills property near downtown is back in play. The town Board of Commissioners last week instructed Manager Greg Ferguson to craft ...Read More »
CHARLOTTE – The rise of commercial real estate in urban areas and investors’ willingness to move forward following the Great Recession were two of the themes discussed by panelists at a breakfast hosted by JLL at the Mint Museum on ...Read More »
Lennar Carolinas LLC hopes to develop an age-restrictive residential development on a 622-acre former children’s camp that failed to come to fruition for developer Mattamy Homes earlier this year. The development at 9070 Van Wyck Road, about 2 miles southwest ...
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