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Lennar begins work on its first Charlotte apartment complex (access required)

Earth is moving this week on a 2.5-acre patch of the Metropolitan district slated to become home to a 261-unit, Class A apartment complex tentatively named in public documents as South Kings Midtown. The project is owned and being built by Lennar Multifamily Inc., according to public records, as part of a $1 billion nationwide dive into the apartment feeding frenzy by the single-family homebuilding giant Lennar Corp.

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Perking up: Are incentives helping 
to sell Charlotte homes? (access required)

The Kannapolis home had been on the market about eight months. The seller, Fred Waite, had lowered the price in September from $1.8 million to $1.5 million. But, still, not so much as a nibble, said the listing agent, Heidi ...

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Charlotte homebuilders pick up where others left off (access required)

They’re victims of the recession: unfinished communities scattered across the Charlotte area. But for homebuilders like Lennar Corp., they’re an opportunity. Just ask Jon Hardy. Hardy, president of the Miami-based company’s Charlotte division, said that this year Lennar has built ...

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