Archives

Hunt Mortgage Group Facilitates the Acquisition of a Multifamily Property Located in Charlotte, North...

Hunt Mortgage Group, a commercial real estate lender, announced today that it has provided a $1.4 million Fannie Mae loan facility to enable the acquisition of a multifamily property located in Charlotte, North Carolina.

Bluerock Residential Growth REIT (BRG) Announces Acquisition of Class AA Park & Kingston Apartments...

Park & Kingston is among Charlotte’s premier, luxury multifamily communities, and is situated in a coveted location at the true center of the vibrant South End, with immediate access to both the Bland Station and East/West Boulevard Light Rail Platform.

RICHARD LESTER JOINS REAL ESTATE MORTGAGE NETWORK, INC. AS NORTH AND SOUTH CAROLINA AREA...

CHARLOTTE, NC - June 24, 2011 - (RealEstateRama) -- Real Estate Mortgage Network, Inc. (REMN), is pleased to announce that mortgage industry veteran, Richard Lester, is joining the company. Taking on the newly created role of Area Manager for the Carolinas region, Lester will be charged with growing REMN’s presence across both North and South Carolina. Lester will report directly to Greg Janicki, REMN’s Southeast Regional Manager, who joined the company in February.

Mountain Real Estate Capital Closes on Another Bank REO Acquisition from Bank of America

Charlotte, NC - September 27, 2010 - (RealEstateRama) -- Charlotte-based Mountain Real Estate Capital (MREC) continues the success of its bank REO/NPL acquisition platform by closing its second acquisition from Bank of America in the last three months. The first is a 1,000-unit active adult project located in the U.S. 27 corridor of Orlando, which closed in June. The second is a San Diego partially completed subdivision of 17 lots and four completed models, which recently closed in August

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

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...

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.

Popular

How One Agent Is Surviving In Today’s Market

Raleigh, NC - May 23, 2011 - (RealEstateRama) -- For the 3rd consecutive year in a row Rupert Bryan has not only won all the top awards in the Coldwell Banker Falls Office, but he is also ranked as one of the Top Agents in the Triangle (#18 Triangle Business Journal Residential Realtor)

Recent

Public input opportunities for Project Grace proposal

New Hanover County will host two public meetings to share information about Project Grace and the redevelopment proposal that was submitted by Zimmer Development Company.