Harrisburg
REAL ESTATE
Cresswind Charlotte sells 750th home
CHARLOTTE – Cresswind Charlotte is 90% sold with the sale of its 750th home, according to Kolter Homes. Cresswind Charlotte is the builder’s debut active adult community in the greater Charlotte market. It has won awards, including the 2023 Active Adult Community of the Year by the Home Builders Association of Greater Charlotte.
'Chipping away at the core of our neighborhood | Neighbor worried about proposed apartments in Plaza Midwood area
CHARLOTTE, N.C. — The Plaza Midwood area could soon be home to more apartments. Right now, Charlotte city leaders are considering a proposal for mid-rise apartments and some retail space on Central Avenue near Uptown. Developers want to replace businesses on Central Avenue and residential lots on Sunnyside Avenue with an eight-story apartment building.
Changes coming to the way we buy and sell homes
Starting this month, home buyers and sellers in the Charlotte area will notice changes due to a significant national legal settlement aimed at changing Realtor compensation. This could result in lower commissions for agents and end the common practice of buyers' agents being paid by sellers — a practice that led to national lawsuits claiming it was anti-competitive and lacked proper disclosure.
Lansing Melbourne Group and Denholtz Properties Open Stadium Lofts in North Carolina
Lansing Melbourne Group (LMG) and Denholtz Properties knocked it out of the park with the completion of Stadium Lofts, a 43-unit boutique mixed-use community located in Kannapolis, North Carolina. Developed in partnership by Temerity Baseball and LMG, Stadium Lofts boasts views of Atrium Health Ballpark, the home of the Kannapolis...
Build-to-Rent Residential Sector Remains in a Sweet Spot, Say InterFace Panelists
CHARLOTTE, N.C. — Build-to-rent (BTR), or purpose-built neighborhoods of single-family rental homes, has been an emerging subsector of the multifamily continuum the past several years. The housing type fills a niche for renters as it offers more living space and privacy than typical apartments, but is more affordable and amenitized than for-sale homes.
Northmarq Announces $55M Sale of Braxton at Lake Norman in the Charlotte North Carolina MSA
Northmarq’s Carolinas Multifamily Investment Sales team led by Andrea Howard, Caylor Mark, John Currin, Allan Lynch, Jeff Glenn and Austin Jackson successfully brokered the $55 million sale of Braxton at Lake Norman, a 232-unit multifamily luxury townhome style community in the Charlotte MSA. Northmarq represented the seller, Passive Investing,...
Charlotte real estate agents navigate shakeup in industry
CHARLOTTE, N.C. — Real estate agents across the state are navigating new rules that could reduce the cost of buying and selling a home. These new rules come after the National Association of Realtors announced a $418 million settlement in March that will shift the industry’s traditional payment structure.
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