By Tara Ramsey, staff writer
Published: January 22,2012
Commercial real estate prices have hit their bottom. That’s according to Mark Vitner, chief economist for Wells Fargo, who spoke Wednesday in Charlotte during a “State of the Charlotte Commercial Real Estate Market and Outlook” forum. Commercial construction has seen positive growth for the past three quarters, he said, adding that 85 percent of that [...]
By Tara Ramsey, staff writer
Published: January 22,2012
On Wednesday, Mark Vitner, managing director and senior economist for Wells Fargo, was the featured speaker for a “State of the Charlotte Commercial Real Estate Market and Outlook” forum. But most of his presentation ended up being focused on the homebuilding industry. And the overall theme? Don’t expect 2012 to deliver a complete turnaround. “There [...]
By Sam Boykin, staff writer
Published: July 12,2011
(Editor’s note: Part four of a five-part occasional series on the top cities that Charlotte competes with.) This year, Charlotte and Tampa, Fla., got some major convention news. The Queen City found out that it is going to be the site of the 2012 Democratic National Convention, while the GOP picked the Cigar City to [...]
By Sam Boykin, staff writer
Published: March 25,2011
(Part one of a five-part occasional series on the top cities Charlotte competes with) Shortly after moving to Charlotte in 1993, Mark Vitner was talking to a female friend when he mentioned that he was originally from Atlanta and had graduated from the University of Georgia in Athens. “She was very surprised,” said Vitner, a [...]
By Sam Boykin, staff writer
Published: January 28,2011
The recovery of Charlotte’s commercial real estate market might take longer than other major cities. That was the message of one speaker Wednesday during a real estate forecast forum in Charlotte. “Charlotte’s clouds may not clear as quickly as others markets,” Thomas Dennard, CEO of Grandbridge Real Estate Capital, said at the event, “Real Estate [...]
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