Archives

DURHAM, N.C. - June 24, 2010 - (RealEstateRama) -- Three non-profit development partners are joining together with the City of Durham, Duke University, and the West End neighborhood to celebrate the grand opening of Maplewood Square Apartments and Maplewood Park.

Raleigh, NC - June 18, 2010 - (RealEstateRama) -- A Charlotte foreclosure rescue operation, which previously operated in Colfax, NC, is barred from collecting any money from consumers for foreclosure assistance or loan modifications, Attorney General Roy Cooper announced Friday.

CHARLOTTE, N.C. - May 26, 2010 - (RealEstateRama) -- A one-megawatt solar power project owned and operated by a Duke Energy commercial business unit is now producing clean, renewable electricity for North Carolina Municipal Power Agency Number 1 (NCMPA1), which serves the city of Shelby, N.C.

GREENSBORO, NC - April 21, 2010 - (RealEstateRama) -- The City of Greensboro has been awarded $5 million in funding from the US Department of Energy (DOE) for building energy efficiency retrofitting on more than 5,000 housing units and 125 non-residential buildings.

Raleigh, NC - April 20, 2010 - (RealEstateRama) -- Gov. Bev Perdue today announced that U.S. Department of Veterans Affairs (USDVA) has approved $24.2 million in grants for new North Carolina State Veterans Homes in Kinston and Swannanoa, with funds coming from the American Recovery and Reinvestment Act of 2009.

CHARLOTTE, N.C. - April 20, 2010 - (RealEstateRama) -- North Carolina Municipal Power Agency Number 1 (NCMPA1) and its 19 member organizations will soon begin providing homes and businesses in Shelby, N.C., with clean, renewable solar energy produced by a photovoltaic project recently acquired by a Duke Energy commercial business unit.

GREENSBORO, NC - April 15, 2010 - (RealEstateRama) -- In recognition of April being Fair Housing Month, the City of Greensboro’s Human Relations Department will hold a Fair Housing Program to discuss the closure of Lutheran Family Services and the impact that will have on Greensboro’s immigrant population

Washington, D.C. - March 30, 2010 - (RealEstateRama) -- Just moments before the House adjourned last week, Reps. Brad Miller (D-NC) and Keith Ellison (D-MN), both Members of the Financial Services Committee, introduced legislation that will eliminate a conflict of interest that may be preventing large mortgage companies from modifying troubled mortgages voluntarily.

RALEIGH, NC - March 23, 2010 - (RealEstateRama) -- Commerce Secretary Keith Crisco announced today that two North Carolina counties have been awarded Community Development Block Grants to provide down-payment assistance and financial literacy training for first-time homebuyers.

Raleigh - March 11, 2010 - (RealEstateRama) -- Attorney General Roy Cooper got consent judgments this week against two of the defendants in the Village of Penland real estate scheme, Richard Amelung and J. Kevin Foster

DURHAM, N.C. - January 15, 2010 - (RealEstateRama) -- On Thursday, January 14, 2010, the U.S. Department of Housing and Urban Development awarded nearly $2 billion in funding under the Neighborhood Stabilization Program (NSP2) to states, local governments and non-profit housing developers.

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.

DURHAM, NC - December 22, 2009 - (RealEstateRama) -- A homeless family of seven will wake up in their own apartment this Christmas Eve, thanks to the efforts and generosity of a public-private partnership with the City of Durham.

RALEIGH, NC - December 22, 2009 - (RealEstateRama) -- Gov. Bev Perdue announced today that Zenta Mortgage Services will expand its Charlotte presence significantly, creating 1,002 jobs over the next five years and investing $2.19 million.

Raleigh, NC - December 5, 2009 - (RealEstateRama) -- A Kannapolis foreclosure rescue operation is barred from collecting any money from consumers for foreclosure assistance or loan modifications, Attorney General Roy Cooper announced Friday.