Newsroom
New budget director in Cabarrus
The new Cabarrus County Budget Director is Rosh Khatri. He has 30-plus years of government budgeting, finance and audit experience. He was formerly director of budgeting for Seminole County Public Schools in Florida. A Certified Public Accountant and Chartered Global Management Accountant, he joined Cabarrus County in September 2020.
Allen Tate: Closed volume topped $6 billion last year
Jan. 22. Allen Tate Cos. says its closed volume last year was $6.15 billion, a record for the 64-year-old Charlotte-based real estate company. They reported 19,949 closed transaction sides in 2020 and listed 9,589 homes for sale. “In the face of a global pandemic, we pivoted. We had clients who needed to buy and sell […]
Aquesta full year 2020 rose 21% vs. 2019; 4th quarter up 72%
Jan. 21. Fourth quarter 2020 net rose 72 percent at Cornelius-based Aquesta Financial compared to the fourth quarter of 2019. For the full year ended Dec. 31, 2020 net income rose 21 percent to $5.3 million (96 cents per share) compared to the $4.4 million (82 cents per share) during 2019. CEO Jim Engel said […]
In bipartisan letter, all former US Treasury secretaries endorse Yellin
Jan. 19. All the living former US Treasury Secretaries have signed the letter urging the US Senate to confirm President-elect Biden’s Treasury Secretary nominee Janet Yellen. In part, the letter says: “As former Treasury Secretaries, we are well aware of the demands of the job and the steepness of the learning curve for new officials. […]
New senior VP at Sotheby’s International
Jan. 18. Premier Sotheby’s International has a new senior vice president. Kristine Newell will be responsible for directly overseeing the $7 billion real estate company’s operations in Central Florida, North Carolina and Tampa Bay. Previously she was part of the leadership team at William Pitt Sotheby’s International Realty, where she led multiple offices in Connecticut […]
LKN Chrysler plans major expansion in Cornelius
Lake Norman Chrysler Dodge Jeep has filed an application to build a new showroom—complete with an off-road test drive area—on 30 acres on Chartown Road along I-77. The Cornelius-based auto dealership will invest more than $17 million in the project, according to owner Jack Salzman. Ground-breaking is tentatively scheduled for March or April of next […]
New agents at Sotheby’s
Jan. 17. New agents at Premier Sotheby’s International Realty are Leslie Fisher and Saideh Brown, in Charlotte, and Thomas E. Underwood, in the Cornelius office.
Virtual trade show focuses on supply chain
Economic development organizations from 16 Charlotte-area counties will present a business expo designed to build business connections among Charlotte region manufacturers and strengthen regional supply chains. “Of the many changes and impacts experienced this past year, there have been many instances in our Lake Norman region where local manufacturers have experienced significant supply chain disruptions,” […]
US Chamber ‘welcomes’ Biden economic rescue plan
Jan. 15. Officials at the US Chamber of Commerce are welcoming President-elect Biden’s $1.9 trillion American Rescue Plan which includes a $1,400 payment per person, raising the minimum wage and a national vaccination program that includes safely opening schools. “We applaud the President-elect’s focus on vaccinations and on economic sectors and families that continue to […]
Mooresville new corporations: January 2020
These businesses registered with the North Carolina Secretary of State 11/16/20 Ferrari Property Management LLC, Sarah Nelson Ferrari, 165 Quiet Cove Rd. 28117 11/16/20 Randy Marion Family Foundation Inc., Ben Goins, 215 W. Plaza Dr. 28117 11/16/20 Sea at the Beech LLC, Daniel Barker, 131 Shavender Dr. 28117 11/17/20 Gardyloo LLC, Chris Venneman, 106 Four […]
