Faison Enterprises is pleased to announce it has named Kris Fetter as its new president and CEO. Formerly senior managing director and head of development for Faison, Fetter succeeds Tom Webb, who retires after serving as the firm’s president and ...

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Faison Enterprises has completed its transition from a development and operating company to a real estate investment firm, spinning off its acquisitions and multifamily teams into new, independent companies, according to a press release. Faison started its restructuring process after ...

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Call it what you want, but South End, which was largely carved out of an industrial, railroad-crossed section of westernmost Dilworth in the 1990s, when people thought developer Tony Pressley might be a little nutty, is now rapidly spreading far beyond the traditional boundaries of its historic district.

Tagged with: Andy Misiaveg Cardinal Partners Charlotte-Mecklenburg Historic Landmarks Commission Crosland Southeast Dan Morrill Faison John Culbertson MPV Properties Nancy Braun Pappas Properties Percival McGuire Publix Sedgefield South End

Heavy precipitation has left contractors and developers in the area wringing out their plans and looking for ways to get back on schedule. This summer, the Piedmont of the Carolinas has seen between 150 and 200 percent of its typical rainfall

Tagged with: construction Faison University of North Carolina at Charlotte

CHARLOTTE – Mecklenburg County has issued a building permit, valued at $3.3 million, to Faison, a Charlotte-based commercial developer, for work on the company’s 200-unit Summit at Church apartment project, at 1449 S. Church St. The permit, issued on Friday, ...

Tagged with: Faison Tom Brasse

CHARLOTTE – Mecklenburg County has issued a building permit valued at $2.9 million to Charlotte-based Faison for foundation and site work for its Summit at Church apartment project. Faison, the developer on the project, said in July it was bringing ...

Tagged with: Faison Tom Brasse

After successful careers in the real estate industry, Stuart Proffitt and Wyatt Dixon found themselves at a crossroads. The economy was in the crapper, their once-lucrative jobs at big Charlotte firms were either in a state of flux or being ...

Tagged with: Camden Property Trust Faison Federal Housing Administration Pappas Properties Proffitt Dixon Partners

The heat could soon be on some Charlotte-area developers to speed up construction on projects before the end of this year. If they don’t, it could cost them their precious building permits, which would mean wasted time and money. It ...

Tagged with: Beverly Perdue Faison Home Builders Association of Charlotte Jim Bartl Joe Padilla Mark Baldwin Real Estate & Building Industry Coalition Tom Brasse

Just last year, Alma Kohuth’s neighbors found themselves regularly dumping asphalt into potholes that scarred the roads running by their Mooresville homes. The developer of Lake Hills Estates had gone out of business and the new developer had passed the ...

Tagged with: Faison North Carolina Department of Transportation

Lat Purser has been looking for new development projects that he can afford to lose. Earlier this month, his company, Charlotte-based Lat Purser and Associates, finished work on The Arden, a new, 16-unit apartment complex in the NoDa neighborhood north ...

Tagged with: Faison Selwyn Property Group