It's a new twist on a widespread trend: Venture capital firms have been buying up foreclosed homes and then renting them out in markets across the country, including Charlotte.
CHARLOTTE — Some Charlotte-area homebuilders — both those headquartered here and in other states and countries — are starting off the new year with a bang by pulling numerous building permits. As of Thursday morning, Mecklenburg County has issued the national production builder Pulte Home Corp. and Charlotte-based Oakmont Home Builders nine permits apiece so [...]
NORTHWEST CHARLOTTE – Oakmont Homes, a Charlotte-based builder of affordable houses, will construct three new single-family homes in the Stone Creek subdivision, according to Mecklenburg County building permit records. Oakmont was awarded building permits last week (Nov. 21) to build three two-story homes on Stonedale Court, between Pleasant Grove and Oakdale roads in the Oakdale [...]