Charlotte
HFF Marketing Loan for The Vue
By Eliza Theiss, Associate Editor
Real estate firm HFF L.P. recently began marketing $130 million in junior debt tied to The Vue–Charlotte, a luxury uptown condominium project. Miami-based investors are said to have shown interest for the note.
Current owner MCL Cos. […]
Retirement Home Planned for Davidson; Charlotte Emergency Facilities Receive State Approval
By Eliza Theiss, Associate Editor
Hawthorne Retirement Group is planning to construct a 33,000-square-foot retirement home on 4.19 acres of land on the shore of Lake Cornelius in Davidson. If built, the senior-housing community would feature a public trail and boat […]
Britax Considering Move to York County; Positec Opens Second Charlotte Site
By Eliza Theiss, Associate Editor
Britax Child Safety is considering moving its Charlotte-based facilities to neighboring York County. The company currently leases two facilities in Charlotte — a corporate center and assembly operation in South Point Business Park, as well as […]
AT&T to Build $200 Million Data Center; RATO Headquarters Planned for Lincoln County
By Eliza Theiss, Associate Editor
Telecommunications and wireless provider AT&T announced it will build a $200 million data center in Kings Mountain, N.C. The development will create up to 100 permanent jobs and an additional 1,000 temporary construction positions. The data […]
Proffitt Dixon Partners Breaks Ground on New Developement in Charlotte; Senior Community Planned for Tega Cay
By Amalia Otet, Associate Editor
Charlotte-based Proffitt Dixon Partners, a multifamily investment and development firm currently focused on Class A apartments in North Carolina, South Carolina and Virginia, recently broke ground on a new development in the Queen City. The 208-unit […]
Bank of America Offices Up For Sale; Charlotte Multifamily on the Rise
By Amalia Otet, Associate Editor
Charlotte-based Bank of America recently announced plans to sell its interest in Hearst Tower and Fifth Third Center, two of the largest office towers in the Queen City, and a third building in New York, 222 […]
$30-million Residential Community Planned for Queen City; Wake Forest Celebrates Opening of Uptown Campus
By Amalia Otet, Associate Editor
Orlando, Fla.-based Global Growth Trust Inc., a real estate investment trust focused on building a portfolio of real estate and real estate-related assets in the United States and abroad, recently announced plans to enter the Charlotte […]
Laurel Street Residential Aquires Crosland’s Multi-family Affordable Housing Division
By Amalia Otet, Associate Editor
Laurel Street Residential has purchased the multi-family affordable housing development division from Crosland, LLC for an undisclosed price, according to MHN online.
Charlotte-based Crosland, LLC had decided in 2011 to divest its operating divisions and focus mainly […]
Turner Construction to Occupy Space in SouthPark; Ballantyne Development Moves Forward
By Amalia Otet, Associate Editor
Turner Construction Company plans to relocate from its current location at 5955 Carnegie Boulevard to the Roxborough Building in Charlotte’s SouthPark neighborhood, in which it will occupy 20,022 square feet on the fourth floor. Built in […]
Campus Crest Acquires Two Student-Housing Projects; Cureton Town Center Sold for $13.9M
By Amalia Otet, Associate Editor
Campus Crest Communities Inc., a leading developer, builder and manager of purpose-built student housing under The Grove brand, recently announced it has closed on the purchase of the remaining 50.1 percent interests in The Grove at […]