The Charlotte office of global real estate firm CBRE has arranged a $48.5 million loan for the refinancing of Wilmington apartment complex Element Barclay Station, according to a news release. Located at 1841 Dusty Miller Lane, Element Barclay Station is a nine-building, 286-unit garden-style apartment complex completed in 2023. The complex includes one- to three-b ...
The Historic Wilmington Foundation has put its headquarters on the market with a list price of $650,000. The 3,100-square-foot house at 211 Orange St., which has four bedrooms and 2.5 bathrooms, was built in 1912. According to property tax records, HWF bought the property for $375,000 in 2019 from the Walter M. Bullard Jr. Trust. “As an organization ...
Corcoran HM Properties, an affiliate of New York City-based Corcoran Group LLC, has acquired a local residential real estate firm. Corcoran officials announced their acquisition of Wilmington-based agency The Property Shop International Realty in a news release Thursday. Valerie Mitchener, broker and owner of Corcoran HM Properties, stated in the release, & ...
A Virginia-based real estate firm recently announced the acquisition of Seaboard at Sidbury Station in Castle Hayne. Capital Square, a company that sponsors tax-advantaged real estate investments and develops and manages multifamily communities, acquired the rental housing community in a $39.3 million deal on behalf of CS1031 Sidbury Station BFR Housing DST, according t ...
Brunswick County’s real estate market showed some ups and downs in June, according to a report by the Brunswick County Association of Realtors. The county's inventory of homes for sale increased, while prices and total sales volume both dropped compared to June 2023, the report stated. The number of homes sold in June, 551, was nearly identical to last year ...
KBT Realty Group, a Keller Williams Innovate team, has been selected as the exclusive seller's agent for JD Signature Homes' new home developments in Wilmington, according to a news release. "This collaboration marks a significant milestone for both companies," the release stated. JD Signature Homes has multiple residential development projects unde ...
New Hanover County offcials are looking for developers and agencies to vie for funds set aside for workforce and affordable housing. For-profit and nonprofit entities can submit proposals for the money through 5 p.m. Aug. 5. The Workforce Housing Services Program has $3 million allocated for this funding cycle, according to a news release. "This m ...
Developers recently paid $8 million for a 7-acre residential development site on Topsail Island, brokers said Tuesday. The Surf City property includes multiple tracts on N. New River and N. Topsail drives, stretching from the ocean to the sound, according to a news release from Wilmington-based real estate firm Cape Fear Commercial. A few of the tracts pr ...
When Chris Dunbar and his wife, Crystal, decided to build a home on Figure Eight Island, they were attracted to the exclusive community’s look, feel and location. The island’s proximity to I-140 “makes it so convenient from I-40 and the airport,” said Chris Dunbar, president and chief operating officer of High Point-based Blue Ridge Companies.&nb ...
Brunswick County's residential real estate market surpassed $1 billion in sales volume in May, according to a report released recently by the Brunswick County Association of Realtors. The number of homes sold in May was down slightly compared to the same month in 2023, but the total was the highest of any month so far in 2024, the report stated. The market also saw ...
In Wilmington, White House Official Gets In-person Look At Funding Impact
Jenny Callison
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Sep 6, 2024
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A trend the area has seen is the growing popularity of run clubs that meet at breweries or other establishments before and after the run....
For each calcium test an employee completes themselves or shares with a family member, Monteith and Cape Fear Commercial donate a scan to so...
Since its launch almost two years ago, the company has worked to develop predictive models that lenders can use to gauge a borrower’s risk m...
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.