Mecklenburg Times: News for Mecklenburg, Union and Iredell counties Real Estate, Development, Construction, and Community News in the Charlotte area and throughout Mecklenburg, Union and Iredell counties

U.S. home-sale prices increased 5.7 percentyear over year in June to a median of $312,700, according to Redfin (www.redfin.com), the next-generation real estate brokerage. This is the lowest price growth since December 2016. At the same time, the number of homes for ...

Tagged with: home prices

Ten-X Commercial, the nation’s leading online and only end-to-end transaction platform for commercial real estate, has released its latest U.S. Office Market Outlook, including the top five ‘Buy’ and ‘Sell’ markets for office properties. The analysis shows recovery of the ...

Tagged with: Office market

Forty-five states and the District of Columbia added construction jobs between September 2017 and September 2018, while 29 states and D.C. added construction jobs between August and September, according to an analysis by the Associated General Contractors of America of ...

Tagged with: construction jobs

HFF announces the sale of Venable Center, an 87,416-square-foot, three-building creative office/R&D complex in Durham, North Carolina. The HFF team represented the seller, FCPSM, and procured the buyer, a joint venture between Wheelock Street Capital, SLI Capital and Trinity Capital ...

Tagged with: HFF

LendingTree, the nation’s leading online loan marketplace, has released a study on the impact of raising a ‘fair’ credit score to ‘very good’ that found consumers could save over $45,000. LendingTree researchers analyzed anonymized loan request and average loan balance ...

Tagged with: Credit Scores

Construction employment increased by 19,000 jobs in July and by 303,000 jobs over the past year, reaching a 10-year high, while the industry’s unemployment rate and level hit an all-time low, according to an analysis of new government data by ...

Tagged with: construction employment

Market-rate apartment developer, Marsh Properties Inc., donated 7.8 acres to help make the financing model for The Housing Partnership’s proposed mixed-income rental housing development work. The donated land is at the corner of Freedom Drive and Camp Greene Street in ...

Tagged with: The Housing Partnership

Black Chicken Wine Cellar has signed a lease with Lat Purser & Associates for an expansion space at the Matthews Station mixed-use development in downtown Matthews, and Edible Art Cake Shop has signed a lease for a new location at ...

Tagged with: Lat Purser and Associates

Beacon Partners is pleased to announce the addition of Jack Riazzi as a broker on its Industrial Team in Charlotte. Riazzi will be responsible for leasing and marketing over two million square feet of Beacon-owned industrial properties, including the 1,350,000-square-foot ...

Tagged with: Beacon Partners

Fannie Mae (OTC Bulletin Board: FNMA) today announced that Antony Jenkins has been elected to the Board of Directors. Mr. Jenkins served as Group Chief Executive Officer and as a member of the Board of Directors at Barclays PLC, one of the ...

Tagged with: Fannie Mae