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Shareholders approve sale of Starwood Hotels to Marriott
Posted by: The Associated Press on 2016-04-11
NEW YORK – Marriott International has cleared one of its major hurdles on its journey to acquire rival Starwood and become the world’s largest hotel chain. Shareholders in both Marriott and Starwood Hotels & Resorts Worldwide Inc. approved the $14.41 billion sale Friday morning. The vote puts an end to a hectic month in which…
INVESTORS’ CORNER: The all-cash plan for real estate
Posted by: Chad Carson on 2016-04-01
More free time, flexibility, and autonomy are my main reasons for investing in real estate. To accomplish these important life currencies, I recommend a simple but powerful goal of owning a small number of income properties free and clear of all debt. Once you set this kind of free and clear real estate goal, the…
Mayor Jennifer Roberts: Making her mark on the city’s past, present and future
Posted by: Roberta Fuchs on 2016-02-08
Roberts Newly-elected Charlotte Mayor Jennifer Roberts, a graduate of East Mecklenburg High School and UNC-Chapel Hill, has a strong work history in the Queen City. Her resume includes stints as director of the Mayor’s International Cabinet, executive director of the Charlotte World Affairs Council, and chair of the Mecklenburg Board of County Commissioners. Roberts,…
State’s appellate courts to hear Map Act cases
Posted by: Phillip Bantz on 2016-01-22
The North Carolina Supreme Court is expected to hear the state Department of Transportation’s challenge of a landmark Court of Appeals opinion centered on the Map Act next month. The Kirby decision will affect hundreds of property owners throughout the state and could significantly alter the way the DOT handles eminent domain actions. But before…
ON THE LEVEL: Walt Disney’s vision fuels Daniel Levine’s dreams
Posted by: Mark Abramson on 2015-12-07
Daniel Levine, who began in real estate 32 years ago when he started buying up land in uptown, has a vision for uptown Charlotte, and one of the first parts of that dream is expected to be realized Tuesday with a ribbon cutting for First Ward Park. But the park, next to the UNC…
KASS: Condominium board helps itself
Posted by: Benny Kass on 2015-12-07
DEAR BENNY: My name is Dominique and I’m a new owner in a condominium, with a relatively new association and board, where all the members and the previous developer and his daughters have their fingers deep into association funds for self-benefitting ends. They have done nothing to enforce the rules, and all owners are outraged….
Bills still in play: Proposed legislation would change how business of development is done
Posted by: Sharon Roberts, editor on 2015-05-07
Revisions to the way the government acquires property for highway construction or other projects, changes in the way property insurance rates are reviewed, the reinstatement of tax credits for the rehabilitation of historic buildings, and changes in the way local governments regulate zoning, building codes and residential construction are among the bills that were passed…
Home run: Lack of listings, increased demand lead to low inventory and bidding wars
Posted by: Roberta Fuchs on 2015-04-30
Editor’s note: Since this story was originally published, Redfin has said that information it provided was incorrect. The information has been removed. Like many cities in the country, Charlotte’s single-family housing market is suffering from a lack of inventory. But the local shortage is worse than it looks, compounded by economic and demographic conditions that…
ON THE LEVEL: Timothy Hose: The well-traveled Synco Properties CEO narrows his focus
Posted by: Eric Dinkins on 2015-03-17
Timothy Hose Synco Properties CEO Tim Hose went from founding his own real estate company early in his career to working his way up the ladder at the firm he’s been at for 32 years. In his spare time he, like many in his profession, enjoys playing golf. But he said his passion for…
Ante up: NCDOT could be required to pay attorneys’ fees for low-balling landowners
Posted by: Phillip Bantz on 2015-03-16
Lawmakers are considering a bill that would make the North Carolina Department of Transportation pay for offering unfairly low buyout prices to property owners facing condemnation. The legislation proposes several changes that state condemnation lawyers “have been waiting and wishing desperately to have for years,” said Anne Duvoisin Fisher, a land law attorney at HensonFuerst…

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