Newsroom
Jamestown to acquire the Atlanta-based subsidiary of North American Properties that owns Birkdale Village
Aug. 14. Jamestown, a global, design-focused real estate investment and management firm with $11.7 billion in assets, will acquire the Atlanta subsidiary of North American Properties (NAP), a family-owned real estate company founded by William J. Williams, Sr. in 1954. The Atlanta subsidiary, which has $2 billion in assets under management, owns Birkdale Village in […]
Hot Properties: Million-dollar deals
Aug. 14. Recent home sales in excess of $1 million. $2,995,000 Linda Lowrey to Broday & Susan Smith, 17709 Spinnakers Reach Dr., Cornelius $2,400,000 Benjamin & Heather Riddle to Jenifer Dunn, 735 Davidson Run Ln., Davidson $2,000,000 Nang & Luu Ta to Matthew Clatworthy & Jennifer Wilson, 18914 Halyard Pointe Ln., Cornelius $1,780,000 Doug & […]
Mecklenburg New Corporations
Aug. 13. These businesses have registered with the North Carolina Secretary of State. Cornelius 6/18/24 Electron Moves LLC, C. Christopher Clark, 9624 Bailey Rd. Ste. 290, Cornelius 6/18/24 Local Solar Action, Khiminyah Chavies, 19215 Chandlers Landing Dr. Apt. 202, Cornelius 6/21/24 Historical News Journals Inc., Chip Dolfi, 18883 Vineyard Pointe Ln., Cornelius 6/24/24 Grupo Revo […]
Charlotte, 5 towns draft legislation for sale tax increase that would fund transit
Aug. 12. Mecklenburg County, the City of Charlotte, and all but one of the towns within Mecklenburg County are moving toward draft legislation for a countywide referendum on a 1 percent local sales tax that would fund transit projects like the Red Line. The draft legislation would also establish a regional transit authority. Matthews is […]
David Judge is Senior VP at Crescent Health Solutions
Aug. 9. David C. Judge, the pastor of First Baptist Church in Cornelius, has returned to the health insurance industry as Senior Vice President, Strategic Business Development for Crescent Health Solutions, a not-for-profit third-party administrator of employer health plans based in Asheville. He is working remotely from his home in Cornelius while still working as […]
County Manager Diorio will retire next year
Aug. 8. Mecklenburg County Manager Dena R. Diorio will retire effective July 1, 2025. A groundbreaker when she was hired as Mecklenburg County’s first female County Manager in 2013, she started in 2007 as CFO, steering the county through the economic crisis of 2008. She helped maintain the much-coveted AAA bond rating, which was transformational […]
New CEO at Peoples Bancorp
Aug. 1.Bill Cable will be the new president and CEO of Peoples Bancorp of North Carolina effective Sept. 19, in advance of the retirement of Lance Sellers in early 2025. Cable joined Peoples Bank in 1995 and has served in several executive positions including COO responsible for executing strategy across the organization. The Western Carolina […]
Where high-earning households are moving
July 31. When high earners move, they take their money with them. And because their budgets are much larger than most of the population, they can have an outsized effect on the local economy. Thus, states that attract high-earning households can gain an economic advantage over others. Many factors could drive high earners to move […]
New Allen Tate program aims to make homeownership more affordable, accessible
July 31. Allen Tate Realtors has launched “Buy & Borrow Bundle,” a program designed to offer significant savings and convenience for homebuyers. Buy & Borrow Bundle combines mortgage and real estate services, providing a seamless and cost-effective home buying experience that makes homeownership more affordable. Homebuyers who sign an Exclusive Buyer Agency agreement with Allen […]
NC jobless rate, not seasonally adjusted, at 4.1%
July 30. Unemployment rates increased in 98 of North Carolina’s 100 counties in June 2024 and remained unchanged in two, according to the NC Dept. of Commerce. Scotland County had the highest unemployment rate at 7.0 percent while Buncombe County had the lowest at 3.2 percent. All 15 of the state’s metro areas experienced rate […]
