Luxury apartments may not be best for University Area 
By Payton Guion, staff writer
Published: January 2,2013
High-end luxury is what Washington, D.C.-based Fore Properties plans to bring to the university area.
Luxury apartments may not be best for University Area
Crescent sells Circle at South End for $74M
By Scott Baughman
Published: July 23,2012
Charlotte-based Crescent Resources has sold its Circle at South End apartment complex for $74 million. That is easily a record for properties that were designed and built as multi-family rentals," said Ken Szymanski, executive director of the Greater Charlotte Apartment Association.
Charlotte-area contractors repair profits with apartment upgrades
By Scott Baughman
Published: September 13,2011
Kevin Higgins is a busy guy. Higgins, a Charlotte contractor and owner of THS National, and his employees have been working hard all spring and summer. But they aren’t building homes; not many contractors are, thanks to the housing market slump. Instead, companies like Higgins’ are enjoying an uptick in apartment renovation work, a welcome [...]
Bad form?
By Tara Ramsey, staff writer
Published: August 30,2011
This month, 61-year-old John Lee was out in the cold — or, rather, the August heat — when he was evicted from his south Charlotte rental home near the airport. Although he was behind on rent for June, which is what started the eviction process, he says Carolina United Realty, the 4108 Park Road-based property [...]
Rental industry reacts to feds’ foreclosure pitch
By Scott Baughman
Published: August 26,2011
With a glut of distressed properties slowing down the U.S. real estate market, Washington bureaucrats are considering renting out hundreds of thousands of foreclosed, government-owned homes as a last-ditch effort to help the market. On Aug. 10, the Federal Housing Finance Agency sent out a request for information asking the nation to submit ideas on [...]
Rentals
on the radar
By Tara Ramsey, staff writer
Published: August 22,2011
In the past year since Charlotte’s rental ordinance took effect, 643 properties have surpassed the city’s threshold for crime. That means, in theory, that Charlotte-Mecklenburg Police Department officials should have met with the owners of 643 properties, of which 553 were single-family homes. Not all of those meetings took place, though. Instead, CMPD has met [...]
Revaluation manager: Apartment values might increase only slightly
By Sam Boykin, staff writer
Published: February 22,2011
When Mecklenburg County’s assessor’s office releases its 2011 revaluation of commercial properties in March, apartment owners may be surprised at how little their properties have increased in value since the last revaluation in 2003. Chuck Hicks, the county’s revaluation manager, said that although his office is still collecting data, he’s already noticed that there doesn’t [...]
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