Clay Grubb has taken his family’s business in a new direction since he took over as president in 2001, turning Grubb Properties into an employee-owned company and expanding into new markets in the Southeast. The developer, which specializes in multifamily ...Read More »
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CHARLOTTE – Since a development group announced in January 2013 plans to build the tallest residential building in Uptown since the 50-story The Vue, a lot has happened in the neighborhood’s multifamily market. Childress Klein Properties, a local development company, ...Read More »
CHARLOTTE – Commercial real estate veterans Ted Haley and A.J. Whitehead have joined the Charlotte office of Avison Young, a Toronto, Canada based commercial real estate services firm, according to a company announcement. Haley joined as a principal, specializing in ...Read More »
CHARLOTTE – In a livelier-than-usual City Council zoning meeting Monday night, the council’s meeting chamber was packed to the brim with rezoning opposition, but council members offered curiously little opposition in unanimously approving a rezoning for a 39-acre auto mall ...Read More »
Whether it’s Class A apartments, value-added properties or workforce housing, the Queen City’s apartment market is expected to remain strong in the foreseeable future. Five apartment industry leaders said so on a panel Tuesday morning at Bisnow’s third annual Multifamily Summit held in a ballroom at the Omni Hotel in uptown Charlotte.
Tagged with: Bisnow Multifamily Summit Charlie Henley Charter Properties Ginkgo Residential Grubb Properties John Porter Marshall Phillips Phil Payne Terwilliger pappas Todd Williams Tom Barker WRH Realty ServicesRead More »
1200 South Boulevard, a 331-unit project at Carson and South boulevards, has been off the drawing board for more than a year, waiting to join the list of apartment projects coming to South End. The site is soon to change, with apartment construction set to begin within the next month, according to Capstone Building Corp., the Birmingham, Ala.-based general contractor that’s working on the project.
Tagged with: 1200 South Boulevard Boykin Management Co. Cambridge Development Group Camden Property Trust Capstone Building Corp. Carson and South boulevards Charlote Dalton Colonial Property Trust Grubb Properties Merrifield Patrick Vermilion Real Data South End apartmentRead More »
The average U.S. rate for the benchmark 30-year home mortgage climbed over the 4.5 percent mark this month for the first time in more than two years.
Tagged with: 30-year home mortgage rate Alan Banks Evans Coghill Homes Grubb Properties Home Builders Association of Charlotte Karla Knotts Keller Williams Knotts Development Pearson Land Corp. Todd Williams Tom Pearson Virginia PopovichRead More »
Apartment development is like most other for-profit industries. When executives see that a new idea is successful, they ride the trend hoping to make money off it. But where do the apartment-industry trends come from?Read More »
Amenities, such as an eighth-floor tenant lounge, aren’t reserved solely for The Vue, the 51-floor condominium-turned-apartment tower at Fifth and Pine streets. In the booming apartment construction in Charlotte, the days of a simple pool and clubhouse are over as developers are focusing on projects heavy on amenities – the more unusual, the better.Read More »