In Surf City, more sewer capacity is on the way. Mayor Teresa Batts updated a real estate industry audience in Sneads Ferry in February on the critical development issue. “Sewer has slowed down the building in our area,” Batts, who owns Teresa Batts Real Estate, told the group. But every lot in Surf City was accounted for, she said, before the to ...
Janet Kane has been named CEO of Wilmington-based Cape Fear Realtors. Kane has served as interim CEO of CFR since January after the departure of previous CEO Anne Gardner, who had served in the leadership role since 2019. "Her wealth of knowledge and extensive background in association management made her an ideal fit to guide the local association of Realtors t ...
The competition is stiff, and the work is hard, but Stephanie Norris wouldn’t give up her job for anything. Norris, who owns Terroir Development LLC, specializes in developing affordable housing, and it’s her mission to help provide homes for the area’s many residents who find it difficult, if not impossible, to afford a house or apartment. &ldqu ...
A nonprofit's partnership with New Hanover County aims to help residents struggling to pay their rent, according to a news release. Wilmington-based New H.O.P.E. CDC will begin accepting applications for its rental assistance program, which will target workforce housing, on Wednesday, the release stated. "In a city where the average rent hovers around $1,600 ...
The Wilmington area’s latest residential real estate report shows an increase in the number of homes sold and in the number of new listings compared to the same period last year. According to the report, compiled from the N.C. Regional Multiple Listing Service by Cape Fear Realtors, the January housing market for the Wilmington Metropolitan Statistical Area (MSA) ...
Tony Harrington, owner of Wilmington-based firm The Property Shop International Realty, is this year’s president of NC Realtors. Below, Harrington shares his thoughts on the state of the residential real estate market in the Wilmington area and the state of North Carolina. What do you think is the biggest challenge facing the residential real estate in ...
On the website for the Amberleigh Shores apartment community in Porters Neck, a banner proclaims, “Now offering 6 WEEKS OFF on all floorplans when you move in by 2/29!” Such concessions aren’t limited to Amberleigh Shores. They indicate a slight but noticeable shift in the Wilmington area’s apartment market, which has seen an increase in vacancy ...
Charleston, South Carolina-based investors paid $67.75 million for an apartment complex in Wilmington, according to a deed recorded Jan. 30. Amberleigh South, 115 Amberleigh Drive off Market Street in northern New Hanover County, has more than 280 units, said Thomas Wagoner, CFO of Middle Street Partners (MSP), in an email. Wagoner’s firm is a real estate ...
Tony Harrington, owner and broker of The Property Shop International Realty in Wilmington, was recently installed as this year’s president of North Carolina Realtors. NC Realtors is a nonprofit trade association with more than 57,000 members and 43 local associations throughout North Carolina, according to a news release. Founded in 1921, the association is headqu ...
The Charlotte-based developer planning apartments near Maides Park in Wilmington is banking on the area’s demand for affordable housing to make its project a success. Greenway Residential Development officials want to build 60 cottage-style apartments for seniors on nearly 8 acres at 516 and 520 Mosley Street. As a result, they’re seeking a conditional distr ...
New Hotel Proposed Along Market Street In Ogden
Emma Dill
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Mar 15, 2024
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Businesses Reopen A Week After Grace Street Facade Collapse
Emma Dill
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Mar 15, 2024
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Tech Upskilling Cohort To Host First Wilmington Class
Audrey Elsberry
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Mar 15, 2024
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As John Willse and Beth Guertin, owners of Wilmington Wine bottle shop and now the recently opened Creative Tastings restaurant on Castle St...
Pender County Manager David Andrews is slated to retire this summer after 33 years in local government....
The N.C. Blueberry Festival, founded in 2003, is one of several events in Pender County that have drawn more attention over the years....
The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.