Real Estate - Residential

Sep 21, 2021

More Than 51 Acres Sell In Leland

By Cece Nunn, posted Sep 21, 2021

A real estate investor recently bought more than 51 acres on Mt. Misery Road in the northern Brunswick County town of Leland. Pura Vida Partners LLC sold the property to Wilmington-based firm SKF ILM LLC for $700,000, according to deeds. The land, which contains a manmade lake, is adjacent to Leland Industrial Park and Leland Plaza and in between the Inters ...

Sep 17, 2021

Brunswick County’s residential real estate market showed higher prices and low inventory in August, which also came with a dip in sales, according to a news release from the Brunswick County Association of Realtors. The number of units sold in August was down 11% compared to August 2020, from 667 to 593, according to the BCAR statistics from the N.C. Regional Mult ...

Sep 10, 2021

Developers are working on creating hundreds of apartment units in Wilmington and surrounding communities, with some proposals farther along in the development process than others. The following are updates on three of the many projects in the area that include apartments.   Switchyard Description: A community planned to contain 192 apartments on 10 acres off 3804 M ...

Sep 8, 2021

An exchange this week between city officials and developers proposing to build affordable housing on Carolina Beach Road in Wilmington revealed some of the challenges such proposals can face. Bradley Development and Kelley Development Co., two workforce housing developers that have projects across North Carolina and South Carolina, want to build 278 apartments at 2346, ...

Sep 3, 2021

Q&A: An Intro To The New COO Of Cape Fear Realtors

By Cece Nunn, posted Sep 3, 2021

Stephania Bloodworth has joined Cape Fear Realtors as the organization's chief operations officer. A Pender County native who lives in Wilmington, Bloodworth has more than 20 years' worth of experience spanning finance, budgeting, operations, data analysis and fundraising, according to a CFR news release. “Stephania is an excellent fit for this newly cr ...

Sep 1, 2021

Redevelopment Projects On Planning Panel's Agenda

By Cece Nunn, posted Sep 1, 2021

A couple of high profile redevelopment projects are part of the agenda for tonight’s Wilmington Planning Commission meeting, including a mixed-use project that would be built where a car dealership used to be on South College Road and the transformation of two Market Street motels into apartments. The commission is holding public hearings on conditional district r ...

Aug 26, 2021

Rental Home Neighborhood Coming To Riverlights

By Staff Reports, posted Aug 26, 2021

A rental home neighborhood is underway at Riverlights, the 1,400-acre master planned community on River Road in Wilmington. The project, The Cottages at Riverlights, will hold 279 homes for rent and is a partnership between Riverlights and Birmingham-based Capstone Communities, a news release stated. Construction on The Cottages at Riverlights began in early August w ...

Aug 20, 2021

Taking Stock Of Rental Homes

By Cece Nunn, posted Aug 20, 2021

While it can be a challenge for a potential homebuyer to find a property in the Wilmington market these days, the same is true for those who want to rent a house.   Local experts can cite numerous examples. Wilmington-based Sweyer Property Management manages about 1,200 rental homes in the region and in the past, its occupancy rate percentage has hovered around the ...

Aug 20, 2021

Real Estate Firm Hits, Then Exceeds, $2B Sales Mark

By Cece Nunn, posted Aug 20, 2021

A Wilmington-based residential real estate firm surpassed $2 billion in sales this week, according to an announcement Thursday. The closed sales volume milestone, achieved Aug. 17 by Coldwell Banker Sea Coast Advantage, marks the third consecutive year the brokerage has exceeded the $2 billion mark, a news release stated. “This milestone represents the tremendo ...

Aug 13, 2021

At Mayfaire, Apartments Sell For $76M

By Cece Nunn, posted Aug 13, 2021

A Baltimore-based real estate investment and management firm bought The Reserve at Mayfaire in Wilmington for $76 million, according to an announcement Friday. The upscale 264-unit community was acquired by Continental Realty Corp. on behalf of Continental Realty Fund V, a $210.8 million private equity fund that has purchased 12 assets overall since it was formed in 201 ...

Ico insights

INSIGHTS

SPONSORS' CONTENT
Ubs chadpearson headshotresized

The Three Dimensions Of Selling Your Business

Chad Pearson - UBS Decision Point Wealth Consulting
Natalieenglish headshot

MODERNIZE OUR DOWNTOWN LIBRARY AND MUSEUM

Natalie English - Wilmington Chamber of Commerce
Jc300 dsc 2735

Did We Waste This Disaster?

JC Lyle - Wilmington Area Rebuilding Ministry

Trending News

Restaurants, Retailers Among 192 Businesses Receiving Pandemic Relief Grants

Staff Reports - Sep 22, 2021

Mayfaire Announces Opening Dates For New Stores

Cece Nunn - Sep 21, 2021

More Than 51 Acres Sell In Leland

Cece Nunn - Sep 21, 2021

For Local Tech Firm, County Approves $120K In Incentives

Cece Nunn - Sep 20, 2021

Hallingse To Head Wilmington Chamber's New Small Business Development Initiative

Jenny Callison - Sep 20, 2021

In The Current Issue

Spotlighting This Year's MADE Awards

Each year, a spotlight shines on manufacturers and makers in the Cape Fear region, revealing that the area is home to more made-in-Wilmingto...


MADE Winners: Manufacturer Category

Cape Fear Catamarans, CDB Corp. and Mojotone were winners in the MADE Awards Manufacturer Category....


Economist To Share Local Prognosis

“The way I’m thinking about the current situation is that it’s like taking a drug if you’re ill,” he said. “There’s the benefit in that it t...

Book On Business

The 2021 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

Trying to Grow a Business?
2020 Health Care Heroes
2020 WilmingtonBiz 100