This month, Wells Fargo announced that it is expanding homebuilder lending after slowing the flow of construction loans during the housing downturn.Read More »
Now that Crescent Resources has announced the possibility of building 150,000 square feet of office space on an uptown site, some aren’t so sure that’s the best idea. Industry officials say that, given the amount of vacant office space across the Charlotte area, now might not be the best time to dump more office space into the market.Read More »
Tommy Turner specializes in finding industrial sites in small markets for commercial real estate clients. So it was only natural that he found himself working with a company like Ontario, Calif.-based Niagara Bottling, which came to him in 2010 looking to open a distribution center in Virginia or the Carolinas.
Tagged with: industrial spaceRead More »
Average U.S. rates on fixed mortgages have risen for a fourth straight week, remaining slightly above record lows. Cheap mortgages have helped fuel a modest housing recovery this year.Read More »
In 2007, the Urban Land Institute published a report on what should happen with Eastland Mall. According to the plan, "Reinventing the Eastland Mall," the site, and surrounding area, would benefit from a mixed-use redevelopment featuring retail and community spaces and a residential component.Read More »
Americans bought more homes in July than in June, the latest evidence that the housing market is slowly recovering.Read More »