Yearly Archives: 2015

“The EPA wants to regulate our mill ponds, irrigation ditches and creeks. This is a tremendous threat to our private property rights, which is why I voted to protect North Carolina’s farms and dam up the EPA’s out-of-control regulatory agenda.”

Capitol City Homes, a new home builder serving Raleigh, North Carolina and surrounding areas, is the recipient of the 2015 Major Achievements in Marketing and Excellence (MAME) award for Best Outdoor Space at an awards ceremony on April 30, 2015. The MAME awards are presented as the highest honor given by the Home Builders Association of Raleigh-Wake County.

Rep. Virginia Foxx, R-N.C., today voted in favor of legislation that would require the Obama administration to withdraw its flawed “Waters of the United States” rule, which would negatively impact North Carolina farmers and landowners

Bluerock Residential Growth REIT, Inc. (NYSE MKT: BRG) (“BRG”) today announced that its Board of Directors has approved an investment of approximately $13.7 million in a joint venture that will acquire a 204-unit Class AA multifamily project known as Whetstone Apartments (“Whetstone”).

Hampton Pitts, a veteran Raleigh real estate executive, recognized for managing top homebuilding organizations and developing distinctive residential communities, has been named a partner and Chief Operating Officer of LStar Management, a privately held real estate investment firm based in Raleigh, North Carolina.

Durham residents interested in issues regarding the finance and development of affordable housing near future light rail transit stations should mark their calendars now to attend a workshop later this month

Institutional real estate investment manager American Realty Advisors has announced that its ongoing strategy to boost sustainability throughout its national portfolio has had a substantial effect on water consumption for its office property South Tryon Square, located at 201 S. Tryon in Charlotte, North Carolina.

North Carolina Commerce Secretary John E. Skvarla, III and Assistant Secretary for Rural Economic Development Dr. Patricia Mitchell have announced the creation of the Commerce Fellows/Building Community through Capacity and Knowledge program. The program, which will be offered to local governments, will be administered by the Rural Economic Development Division.

The Kannapolis City Council met today to begin the Downtown Revitalization planning process. Members of City Council met with the Development Financial Initiative (DFI) who outlined the process which will be used over the next year. DFI is a group of development professionals who are affiliated with the UNC-Chapel Hill School of Government to aid local governments who are working to revitalize their cities.

“I am pleased to sign Senate Bill 372 to bring new renewable energy projects online in North Carolina,” said Governor McCrory. “Renewable energy is an important part of an all-of-the-above energy policy that produces clean power, creates jobs and generates revenue in communities that need it most.”

Raleigh: More than 2,200 North Carolinians who lost their homes to foreclosure by SunTrust are eligible for direct cash payments totaling approximately $2 million but must file to claim their money by June 4, Attorney General Roy Cooper reminded consumers today

The economic reality for North Carolinians varies greatly depending on where one lives and works, according to the latest labor market data on conditions in the the state's metro areas and counties.

Monthly Workshop to Help Landlords Effectively Manage Properties and Halt Illegal Activity; Pre-Registration Deadline May 18. City of Durham Neighborhood Improvement Services Department, Durham Police Department, Solid Waste Management Department, Public Works Department Stormwater & GIS Services Division, Water Management Department, and the Durham City/County Planning Department. Other sponsors include Durham Housing Authority and Legal Aid of North Carolina, Inc.

WHR Architects, one of the nation’s leading healthcare architectural practices, has expanded its healthcare presence in North Carolina, establishing an office in Raleigh. While WHR has been working with clients in the region since 2009, the strategic decision was based on increased demand for healthcare services in North Carolina, as well as WHR’s dynamic growth and its recent merger with EYP, a recognized leader in the design of facilities for higher education and government. WHR’s office is located at 811 West Hargett Street

Avanath Capital Management, LLC, a private real estate investment manager, has acquired a two-property, 553-unit affordable housing portfolio in Orlando, Florida and Cary, North Carolina for $45.9 million through an off-market transaction.