Recent Posts
Atrium planning Cornelius hospital, medical complex
Oct. 21. By Dave Yochum. Atrium Health has filed an initial application with the North Carolina Division of Health Service Regulation for a Certificate of Need to build a 30-bed acute care hospital in North Mecklenburg. The facility, which will be in Cornelius, would include two operating rooms. Atrium, which has the Augustalee site in […]
Michael Waltrip Raceworld complex under contract to top auto dealer
By Dave Yochum. The owners of Lake Norman Chrysler Jeep Dodge have the old Michael Waltrip Raceworld under contract for an undisclosed amount. LKNCJD owners Robin and Jack Salzman plan a new retail facility that would include a prep shop and 10,000 square feet of space for non-profits and community events. The dealership plans to […]
Aquesta declares 7th consecutive annual dividend
Oct. 18. Aquesta Financial Holdings has declared its seventh consecutive annual cash dividend to shareholders of record as of Nov. 4. The 11 cent dividend is payable on Nov. 18. “We are very pleased that Aquesta continues to show strong earnings and loan growth. In recognition of outstanding results, our Board has authorized the seventh […]
Leading business consultant hops into craft beer
By Dave Vieser. Lost Worlds Brewery has found a place in a strip shopping center on West Catawba in Cornelius. If all goes as planned, the suds will be flowing sometime this winter according to co-owners Dave and Allison Hamme. The brewery was founded to create a “basecamp for adventure-seekers,” said David Hamme, a nationally […]
Bridge loans fill finance gap for sellers in a tight market
By Debbie Griffin. In today’s competitive real estate market, the perfect home seldom stays on the market very long. And while a super quick home sale may be the talk of the neighborhood, it can leave home-sellers in a predicament. How do you find the right home in a short amount of time when your […]
OPINION: Vote ‘Yes’ on sale of Continuum to TDS
By Tricia Sisson, 2019 Lake Norman Chamber Chair. If you’re like me, coming to a decision on how to cast my vote can sometimes be difficult. There might be good arguments on both sides and it’s not always clear cut what the right choice is. Luckily, voters in Davidson and Mooresville have at least one […]
Millennials: A new age for law firms
By Dave Vieser. A law partner was once viewed as a job for life. Becoming a partner in a firm often meant being in a family of attorneys with job security who serviced established clients, while pulling down an impressive salary. Partners rarely left for other firms. Change is happening fast in the profession, especially […]
Aquesta 3Q net soars 43%
Oct. 15. Aquesta Financial Holdings reported third quarter net income rose 43% to $1 million from the same year-ago period. “We experienced another quarter of exciting growth in earnings, core deposits and loans. Our annualized 37.1 percent growth in core deposits continues to demonstrate our employees’ dedication to serving our customers and the community at-large,” said […]
2 Cornelius finance execs sued by SEC
Oct. 11. UPDATE 5:30 pm. By Dave Yochum. Two Cornelius financial executives have been charged with fraud by the Securities and Exchange Commission. The SEC says Marlin Hershey and Dana Bradley fraudulently raised nearly $6 million from investors, some of whom were family and friends. The SEC’s complaint, filed in U.S. District Court in Charlotte, […]
LKN Biz Expo: Networking in a digital world
Oct. 10. The Lake Norman Chamber of Commerce Business Expo is under way right now at the Huntersville Recreation Center. In a digital world, there is room for old-school analog—and dialog. This particular B2B expo—which runs until 5 pm—has held its own since the very first year when Chamber CEO Bill Russell asked a Cornelius […]
