CHARLOTTE — The days of being able to be “stupid” and still make money by buying troubled commercial properties and turning them around may be over, according to George Dewey IV and other commercial developers, but job growth and a ...

Tagged with: BECO South Bisnow Crescent Communities Jim Merrifield Merrifield Patrick Vermillion

Although the project was announced in March, construction began this month on Park and Kingston Apartments, an $18 million, 153-unit complex being built in South End.

Tagged with: Merrifield Patrick Vermillion

Merrifield Patrick Vermillion and Percival McGuire Commercial Real Estate have been involved in recent sales of Charlotte-area office buildings, according to the Charlotte Region Commercial Board of Realtors.

Tagged with: Merrifield Patrick Vermillion Percival McGuire Commercial Real Estate

When David Walters looks at Charlotte’s growth, he sees haphazardness everywhere. A resident of Charlotte since 1990, the professor of architecture at the University of North Carolina at Charlotte said he has watched the city take shape with little rhyme ...

Tagged with: David Walters Jennifer Roberts Jim Merrifield Merrifield Patrick Vermillion

With no one challenging The Community Builders’ upset bid of $1.24 million, the Washington, D.C.-based affordable-housing developer is now poised to take ownership of two historic NoDa mills that are to be developed into a residential project. Charlotte’s Neighborhood and ...

Tagged with: Merrifield Patrick Vermillion Peter Zeiler Rob Fossi The Community Builders

Carletta Jackson wants to move back to the home that she was kicked out of. It happened in 2006, on Mother’s Day weekend. Jackson had just come home from work and was in the kitchen making food and cocktails for ...

Tagged with: Ark Management Merrifield Patrick Vermillion Peter Zeiler The Community Builders Tuscan Development

The Community Builders Inc. submitted another upset bid Thursday for two historic NoDa mills that are to be developed into a residential project, part of which will include affordable housing. The upset bid of $1.24 million is more than double ...

Tagged with: Ark Management M&J Merrifield Patrick Vermillion Peter Zeiler Rob Fossi The Community Builders

Eligible bidders for two historic NoDa Mills have until March 24 to come up with at least $1.24 million to stay in the running. The bidding war is now in round four since Merrifield Patrick Vermillion submitted an upset bid of ...

Tagged with: Ark Management M&J Merrifield Patrick Vermillion Peter Zeiler The Community Builders

Now in round three, the bidding war for two historic NoDa mills will go into round four if companies file upset bids Monday to redevelop the properties. The Community Builders Inc., a Washington, D.C.-based affordable-housing developer, put in a $1.02 ...

Tagged with: Ark Management M&J Merrifield Patrick Vermillion Noah Lazes Peter Zeiler Rob Fossi The Community Builders

They’re two of the biggest buildings — and competitors — in Charlotte. NASCAR Plaza and Ally Center were built in the same year, 2009, and the two uptown properties contain a total of 755,000 square feet of office and retail ...

Tagged with: Ally Center CB Richard Ellis Merrifield Patrick Vermillion NASCAR Plaza Rubenstein Partners Trinity Capital Advisors Trinity Partners