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Industry insiders on watching the rates rise
The average U.S. rate for the benchmark 30-year home mortgage climbed over the 4.5 percent mark this month for the first time in more than two years.
Trend spotting
Apartment development is like most other for-profit industries. When executives see that a new idea is successful, they ride the trend hoping to make money off it. But where do the apartment-industry trends come from?
Amenity rich
Amenities, such as an eighth-floor tenant lounge, aren’t reserved solely for The Vue, the 51-floor condominium-turned-apartment tower at Fifth and Pine streets. In the booming apartment construction in Charlotte, the days of a simple pool and clubhouse are over as developers are focusing on projects heavy on amenities – the more unusual, the better.
On the Level with Todd Williams, shiny-headed senior VP for investments at Grubb Properties
Let’s get this straight: On the Level is not bald. The mugshot might make it look that way. But OtL shaves.
On the Level: Land-use attorney Collin Brown is moving up representing developers in rezoning cases
At 35, Charlotte land-use attorney Collin Brown is moving up, literally and figuratively. As the Charlotte area comes to grips with development and density issues, you can often find Brown advocating for developers at public meetings, which are just as often packed with protesters.
Grubb Properties blames recession, roadwork for slowing Elizabeth project
2014 was supposed to be when Grubb Properties would wrap up its massive redevelopment of Elizabeth Avenue. But Todd Williams, vice president of acquisitions and investments for Grubb, says meeting that deadline hasn’t been easy.
Grubb Properties wins extension for $220M Elizabeth Avenue project
Grubb Properties has been given a six-year extension from Mecklenburg County to complete its roughly $220 million redevelopment of Elizabeth Avenue.
These Wall: Sound and vision
From silent-film house to concert venue and other uses in between, the Visulite Theater keeps being reinvented.
Chiquita finds NASCAR Plaza appealing
Chiquita Brands International ended months of speculation today when it announced that it will relocate its worldwide headquarters to Charlotte from Cincinnati. It’s new home: NASCAR Plaza, built in 1999 […]
Latest News
- A rising number of rentals drives down rent prices for third straight month
- CP Group announces four new leases at Harris Corners in Charlotte
- Developer files plans for 384-acre mixed-use project in Kings Mountain
- Equity improves for U.S. homeowners as housing market boom shows signs of revival
- Construction firms add 19,000 jobs in July as sector’s unemployment level hits 3.9 percent
- Profits on home sales rebound across U.S. in second quarter as housing market revives
- 47% of employees say they’ll quit if employer orders return to office full time
- U.S. housing market avoids crash, but challenges remain for buyers and sellers
- Rate-lock tipping point: Homeowners are nearly twice as willing to sell if their mortgage rate is 5% or higher
- Equity improves for U.S. homeowners as housing market boom shows signs of revival
- 50 Most Influential Women announced
- Frampton Construction completes Delta Industrial Park facility
Features
- SCORE Charlotte intake team honored in matching potential new client needs with one of the chapters 72 volunteers
- Bidding Wars – 6 Tips to Help a Homebuyer Win the Bid
- ABC Carolinas Construction Conference Features New SC Chamber CEO, Bob Morgan as Keynote
- How to Buy Your First Home
- Buying and Selling in the time of COVID-19
- PERSONNEL FILE: Peters joins Showcase Realty
- PERSONNEL FILE: Mellor joins Henderson Properties of Charlotte
- REZONING ROUNDUP: Greenway Residential Development seeks rezoning of 12.3 acres
- PERSONNEL FILE: Berkshire Hathaway HomeServices recieves award
- PERSONNEL FILE: McCarty has joined LS3P
- PERSONNEL FILE: Graham joins Paragon Bank
- PERSONNEL FILE: Bowman is licensed professional engineer
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