Real Estate - Residential

Jan 15, 2021

Additional Apartments Planned Off South 17th Street

By Cece Nunn, posted Jan 15, 2021

Growth is on the horizon for midtown Wilmington's apartment offerings, with more than 280 units in the works.  Site plans submitted to the city of Wilmington show an apartment project on a 14.5-acre site on George Anderson Drive that would hold 278 apartments in nine buildings and four two-bedroom carriage houses (structures with units above a garage).  ...

Jan 15, 2021

The residential real estate market in Brunswick County set a record in 2020 with more than $2 billion in total sales volume, according to a Brunswick County Association of Realtors report on Friday. That volume is up 51% compared to 2019, a news release stated. The year "was full of unknowns and uncertainty, but Brunswick County’s real estate market did mo ...

Jan 15, 2021

Q&A: Veteran Starts Her Own Real Estate Firm

By Cece Nunn, posted Jan 15, 2021

Kathryn Bruner became a real estate broker in 2017, after leaving an 8-and-a-half year career in the U.S. Coast Guard, where she was an operations specialist second class.  Bruner stared her own real estate firm, Kathryn Bruner Realty, in November, and shares her take on striking out on her own and the local real estate market. GWBJ: What made you decide to open ...

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Caroline Montgomery
Adam Shay CPA, PLLC

New Dec 2020 Government Stimulus and Programs

Posted Dec 28, 2020
This information is current as of December 28th, 2020.
On Monday December 21st, 2020, Congress passed the Consolidated Appropriations Act of 2021. President Trump signed the bill into law on Sunday, December 27th, 2020. This 5,593 page bill (the longest ever passed by Congress) contains expenditure appropriations as well as tax law changes and additional stimulus and entire article
Jan 11, 2021

At Echo Farms, crews have broken ground on a tract that will hold 54 single-family homes as a developer continues to plan 62 townhomes on adjacent land. The upcoming townhomes, part of the Woodlands at Echo Farms, will be different from those in a recent project, Woodlands Landing, in that they will be for sale rather than for lease, the developer said. "We see ...

Jan 8, 2021

For $54M, Gastonia Firm Buys Wilmington Apartments

By Cece Nunn, posted Jan 8, 2021

A Gastonia firm recently bought a Wilmington apartment complex near Monkey Junction for $54 million. Capstone Apartment Partners on Friday announced the sale of Belle Meade, a 324-unit complex at 1109 Matteo Drive off Carolina Beach Road. Capstone sold the property on behalf of Wilmington-based McAdams Homes and procured the buyer, Gastonia-based Southwood Realty, ac ...

Jan 8, 2021

Predictions Mixed For Real Estate

By Cece Nunn, posted Jan 8, 2021

Residential and commercial real estate in the Wilmington area is expected to thrive in certain areas and struggle in others this year.   Apartments   Brian Eckel, GHK Cape Fear Development partner and co-founder of Wilmington-based commercial real estate firm Cape Fear Commercial, said that the area’s growth will continue in 2021“so I see a very p ...

Jan 6, 2021

Luxury home sales in the Wilmington area shattered a 15-year-old record in 2020, outpacing the last high by 97 homes and nearly $190 million in closed sales volume. A total of 363 luxury properties sold during 2020 for $597 million in New Hanover, Brunswick and Pender counties, according to a report by Wilmington-based Just For Buyers Realty. The previous record was ...

Dec 18, 2020

Building In A COVID-19 World

By Cece Nunn, posted Dec 18, 2020

"There’s a surprise every time you turn a corner.”     That’s how Heath Clark, owner of Bill Clark Homes and Legacy Homes by Bill Clark, recently summarized adapting to COVID-19 as a homebuilder.     The first facet Clark mentioned as he spoke this month at a Wilm­ington-Cape Fear Home Builders Association event: pers ...

Dec 18, 2020

A residential real estate agency that opened an office downtown in 2018 is expanding its presence in Wilmington. RE/MAX Executive officials are planning to open a second office in the Port City in 3,000 square feet in Unit 220 at Bradley Creek Station, an 80,000-square-foot retail and office building at 5815 Oleander Drive.   The Oleander Drive space will b ...

Dec 16, 2020

Apartments On Way To Renaissance Park

By Cece Nunn, posted Dec 16, 2020

Crews have broken ground on a high-end apartment community in Renaissance Park off Military Cutoff Road in Wilmington. GHK Cape Fear Development is the firm behind Renaissance Apartments, which includes 198 units in two buildings and 2,530 square feet of ground-level retail space. The community sits on 8 acres off Ashes and Fresco drives and includes one- ...

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Q&A: Veteran Starts Her Own Real Estate Firm

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In The Current Issue

A Closer Look At The Year Ahead

While COVID-19’s impact on the economy will remain a focus this year, other expected newsmakers in 2021 include New Hanover Regional Medical...

Local Advisers Share New Year Tips

With the market tumult of 2020 behind us, financial ad­visers are ready to help their clients navigate the possible challenges and opportuni...

USDA, NC Organization Honor Live Oak Bank

In mid-December, the U.S. De­partment of Agriculture Rural Department named Live Oak Bank its top 2020 commercial lender....

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