that produce insight!
Many industry experts predicted in early 2023 that “the” economy and therefore the construction industry was not going to be so well off. Construction spending went significantly up more than expected in 2023. That supported consistent employment growth. Homebuilder sentiment improves for a second straight month, following drip in mortgage rates This news article was […]
Continue Reading
One of the most successful developers is taking on Dun and Bradstreet in court over incorrect publishing and ratings. Roy Carroll Jr.’s Carroll Management and five of his other business units part of The Carroll Cos filed a civil suit against the national credit and business company Dun and Bradstreet (Dnb). https://dockets.justia.com/docket/north-carolina/ncmdce/1:2023cv00483/95804 https://dockets.justia.com/docket/north-carolina/ncmdce/1:2022cv00592/92836 According to […]
Continue Reading
The City of Raleigh and gave the $50 million Birch and Branch Apartment project at Middle Branch Road the green light at the end of October 2023. Site Plan and notes of the Application filed with the City of Raleigh specify eight 3-story buildings with a mix of one-, two and three-bedroom units. The project […]
Continue Reading
Cleveland, Ohio, — Compass Self Storage, a member of the Amsdell family of companies, proudly announces the opening of their brand new state-of-the-art, Class A self-storage center in in Acworth, Georgia. This location has over 70,000 net rentable square feet and represents the company’s 18th location in the state of Georgia. The Amsdell Companies is […]
Continue Reading
Get Ready for a 20-story mixed-used project to replace old Diocese of North Carolina, Raleigh. Convexity Properties out of Chicago bought the Diocese building on 200 W. Morgan Street for a bit over $9 million in 2023. This area is currently considered extremely desirable amongst investors. A development hotspot so to speak. Convexity Properties is […]
Continue Reading
Construction and development around Raleigh’s Blue Ridge Corridor is not slowing down any time soon. Trinsic Residential’s project on 1520 Blue Ridge in one of many developments in the pipeline that will be transforming the so-called Blue Ridge Corridor. The project and planning has been in the works for a while and once the City […]
Continue Reading
Miami based real estate developer Timothy Wheat and his company, Pinnacle at the Wesleyan, LLC or Pinnacle Housing is the driving force behind the Affordable Housing Community close to Shingle Creek Trail in Osceola County. The Price Tag is $34 million for this 6 plus acre development with 96 units for low income families. Pinnacle […]
Continue Reading
5M Solar Shingles per year or 300 megawatts – enough to install solar roofs on about 50,000 homes per year. The featured image shows Gabriela Bunea, Senior Vice President of Solar R&D at GAF Energy, holding the company’s new solar shingle. 5M Solar Shingles per year or 300 megawatts – enough to install solar roofs […]
Continue Reading
Kairoi Residential a real estate and developer based in San Antonio, filed a petition with the City of Charlotte on Jan 2. to rezone 6 acres at 650 State St. from industrial to mixed-use development. Tyler Sibley, principal of development with Kairoi Residential, said the project will be about 500,000 square feet with 450 luxury […]
Continue Reading
In December of 2022, Edward Holmes Jr. the previous owner of the Holmes Oil Company together with developers Buddy Keller and his son Carter purchased 500 –acres of land from the Reeves family. The price tag per was $19.6 million for this prime real estate property according to the Chatham News and Records as well […]
Continue Reading