Newsroom
Affordable housing is subject of Newsmakers Breakfast Feb. 28
Hundreds of people stood in line in the cold and rain for hours in late January in hopes they could land a place in a new affordable housing development in Charlotte. People were applying at the Mezzanine at Freedom, which will have 185 units. But the same issue is apparent in North Mecklenburg where many […]
R&D kitchen coming to Cornelius
R&D kitchen, renovations worth $500,000 Jan. 30. Restaurateur Joe Douglas plans to build an R&D test kitchen at the original 131 MAIN restaurant in Cornelius. The total tab, which includes renovations, will be on the order of $500,000. Douglas says the research and development kitchen is being designed to develop new products for both 131 […]
Do toll lanes really cut congestion?
PART 1 of 2 By Kate Martin/Carolina Public Press North Carolina, like many other states, has gambled on toll roads as a way to reduce congestion. While a relatively recent addition to the state’s highways, some estimates say toll roads in the Triangle and Charlotte areas are drawing more drivers than officials initially predicted. So, […]
Tap creativity with teamwork and strategy
Sales professionals by nature have a laser-like, goal-oriented focus, and they push themselves against all odds to produce outstanding results. Along the way they develop skills and habits that make them more efficient. But the world we work in continues to evolve, change, and develop, so we have to make sure we are adapting to […]
Sweet Dream owners are Business Persons of the Year
Jan. 23. Greg and Katy Law, owners of Sweet Dream Mattress and Furniture in Cornelius, were named the Robert T. Cashion Business Persons of the Year at the Lake Norman Chamber of Commerce annual meeting at The Peninsula Club. Robert Cashion’s widow, Louise Cashion, and son Gordon Cashion, assisted 2019 Chamber Board Chair Tricia Sisson, […]
Aquesta net up 46.8% year over year
Jan. 22. Cornelius-based Aquesta Financial Holdings earnings from continuing operations grew at the rate of 46.8 percent for the full year 2019 compared to 2018. Jim Engel, CEO & president, said he hoped the momentum from “excellent earnings and balance sheet growth” for the final quarter of 2019 would carry into 2020 as well. Net […]
Pat Riley named to Swanepoel Power 200
Pat Riley, president and CEO of Allen Tate Realtors, has been named to the Swanepoel Power 200 (SP200) for 2020, a list of the most influential leaders in residential real estate. Riley is ranked No. 73 among the Top 200. Leaders are evaluated based on the office they hold, the decision-making power associated with the […]
Jury awards $21,500 to Sisson in business dispute
Jan. 21. By Dave Yochum. A Lincoln County jury has decided that both Bayport Holdings and Brian P. Sisson breached “a material term” of the management agreement that determined how Sisson would run The Range at Lake Norman in Denver, NC. The agreement between Bayport, a partnership that includes Cornelius businessman Bob Watson and Kevin […]
Number of businesses sold fell during 2019
A total of 2,454 small businesses were reported to have sold in the third quarter of 2019, an 8.6 percent decline compared to the same period last year. BizBuySell (BBS) says the median sale price rose just .1 percent year-over-year. Stagnant sale prices are not for lack of trying. The median asking price of a […]
Nancy Nagy new president of Premier Sotheby’s International
Nancy Nagy has been named president of Premier Sotheby’s International Realty, where she will be responsible for leading all sales operations of the $5 billion brokerage. She succeeds Budge Huskey, who was named chief executive officer on Jan. 1. She previously served as chief executive officer of Berkshire Hathaway Homeservices Chicago, ranked among the top […]
