Holiday Inn Express in Charlotte, North Carolina Metro Area to Open with Brand’s New Sign

ATLANTA, GA - January 19, 2010 - (RealEstateRama) — IHG (InterContinental Hotels Group) [LON: IHG, NYSE: IHG (ADRs)], the world’s largest hotel group by number of rooms, announced the recent opening of the Holiday Inn Express and Suites Matthews.

EastGroup Properties Acquires Two Buildings in Charlotte for $5.3 Million

Jackson, MS - January 14, 2010 - (RealEstateRama) — EastGroup Properties (NYSE-EGP) today announced the acquisition of two business distribution buildings containing 193,000 square feet in Charlotte, North Carolina for a combined purchase price of $5,250,000. The buildings, which will be renamed Commerce Park 2 and 3, are located in Charlotte’s southwest submarket. They were constructed in 1981 and 1987 and are presently 87% occupied by nine customers. The buildings are projected to generate an annualized 11.7% yield at their current occupancy and rents.

Duke Energy Tests Solar Panels And New Smart Grid Technology in Charlotte

CHARLOTTE, N.C. - June 16, 2009 - (RealEstateRama) - An array of 213 solar panels will soon provide electricity to homes served by Duke Energy’s McAlpine Creek substation in south Charlotte – all part of an effort to implement new smart grid technology.

AG Cooper goes after Charlotte foreclosure rescue scams

Firms take struggling homeowners’ money, fail to save their homes
Charlotte, NC - October 30, 2008 - (RealEstateRama) — Attorney General Roy Cooper is taking legal action to stop three Charlotte area foreclosure rescue companies from charging high fees but failing to save consumers’ homes.

HUD Secretary and Mayor McCrory announce $10 million loan guarantee to Charlotte

WASHINGTON - August 25, 2008 - (RealEstateRama) — U.S. Department of Housing and Urban Development Secretary Steve Preston today announced that he is approving a $10 million loan guarantee to the City of Charlotte to purchase 70 acres in the Double Oaks neighborhood.

Housing North Carolina Awards Recognize Developments Across The State

Six affordable housing developments received Housing North Carolina Awards on Nov. 15 at the 18th annual awards luncheon in Raleigh. Sponsored by the N.C. Housing Finance Agency, the awards recognize excellent properties that can serve as models for other communities.