• Uncategorized

    Future of historic estate, a ‘point of pride’ in Plaza Midwood, unclear after sale

    The VanLandingham Estate in Plaza Midwood. Observer archives The future of a historic estate in Plaza Midwood is unclear after the owner sold the property to a partnership of real estate firms last month. Billy Maddalon, whose family had owned the property for 20 years, sold the VanLandingham Estate for $1.5 million in March, according to county property records. Maddalon was operating the 5-acre estate at the corner of The Plaza and Belvedere Avenue as an inn and event space. A partnership between real estate firms Ascent Real Estate Capital and Stono River Partners purchased the property. Jon Dixon, managing principal at Ascent, declined to comment on whether the firm…

  • Apartment

    How Opendoor is changing the game in real estate – Charlotte Business Journal

    When real estate company Opendoor set foot in the Charlotte market almost two months ago, it brought with it a new, technology-driven transaction experience. Opendoor’s latest offering involves the all-day open house, which allows potential buyers to view a home on their own schedule between the hours of 6 a.m. and 9 p.m. Buyers can sign up on the Opendoor app, and when they are ready to enter a home, the app syncs with a GPS location and sends a code to unlock the door. Potential buyers must be registered and verify their identity for added safety purposes. Opendoor also invests in security systems to monitor any activity at the…

  • Honored in Charlotte

    Fallen Vets honored in Charlotte

    A ceremony in Charlotte Monday morning honored the 19 thousand young men killed in the Battle of the Bulge. The Genesee Valley Chapter of the Veterans of the Battle of the Bulge gathered at Ontario Beach Park. The surviving veterans of the battle that took place 73 years ago are in their 90’s today. In addition to honoring those lost at the Battle of the Bulge, the ceremony also honored all those lost since the battle. Fallen Vets Honored In Charlotte Source Article

  • Apartment

    Tourists stunned as 5-foot shark hunts for food just feet off popular NC beach | Charlotte Observer

    Emerald Isle was just named North Carolina’s best beach by USAToday, but its image is taking a beating online, after a video surfaced of a 5-foot shark flopping around just feet from the sand. The 40-second video was posted Tuesday on Facebook by WRAL and is credited to someone named Nellie who said she filmed it at the popular resort town on Bogue Banks Island. It had been viewed nearly 64,000 times in three hours and shared nearly 2,000 times Tuesday. The shark is first seen about 5 or 6 feet out and appears to be following something parallel to the beach. It stops, struggles to turn around in the…

  • Luxury apartment

    Stunning Homes On The Market Near Charlotte

    Patch has pulled together a list of some of the most gorgeous homes for sale on the market right now in the Charlotte metro area. To view more photos of these homes, you can click on the blue hyperlink below each house and find more information on our partner site, Realtor.com. Want to learn about what’s for sale in your neighborhood? You may find your own hidden treasure or bargain home on the Charlotte Real Estate page. Here are this week’s picks for beautiful homes on the market in the area: 1709 Chatham Ave, Charlotte, North Carolina Price: $949,000 A new four-bedroom home is on the market in Plaza Midwood…

  • huge Blue Line development

    Stalled apartments in a huge Blue Line development are getting new life, fresh design | Charlotte Observer

    A plan to build hundreds of apartments wrapped around a parking garage in uptown Charlotte has restarted with a new design on a prominent site adjacent to the Blue Line extension. The project, by Levine Properties, was delayed after the developer decided to redesign the building last year, adding more floors and apartments. First announced in 2015, it was planned to be a wood-framed apartment, five floors tall with 254 units. The building will now total 11 floors of steel and concrete, completely wrapping the parking garage, with 428 apartments. The amount of ground floor retail space, initially planned at 900 square feet, will now total 4,200 square feet, leaving…

  • New Royal Sibling Arrives

    Princess Charlotte Will Make History When Her New Royal Sibling Arrives

    Princess Charlotte‘s position for the crown won’t be affected by the arrival of her potential little brother. For the first time in history, a female royal’s spot in line to the throne won’t be bumped by the arrival of a male. Thanks to the Succession to the Crown Act 2013, birth order determines who will become the next king or queen of the U.K., regardless of gender. Had it not been in place, Charlotte, 2, would have lost her spot if Kate Middleton gave birth to a boy. The legislation was first passed while Princess Kate was pregnant with Charlotte’s brother Prince George, now 4. It affects all royals born…

  • Charlotte Blocks To Get Complete Makeover
    Honored in Charlotte

    Uptown Charlotte Blocks To Get Complete Makeover With Mixed-Use Project That Includes New Library

    North Tryon between Sixth and Eighth streets is going to be completely transformed with a project called Seventh & Tryon, and Atlanta-based DaVinci Development Collaborative released a request for qualifications Wednesday. A mixed-use public-private partnership has been proposed for 6.8 acres in Uptown as part of the North Tryon Vision Plan. Stakeholders are Charlotte Mecklenburg Library, Mecklenburg County, the city of Charlotte, Bank of America and the Charlotte Housing Authority. A new library will be built as an anchor for the site. The plan also includes creative office spaces, residential space that will include senior housing, market-rate and diverse price-point housing, refurbishing historic Hall House into a boutique hotel, street-level…

  • Apollo Commercial Real Estate Finance

    Apollo Commercial Real Estate Finance, Inc. Announces Pricing of Public Offering of Common Stock

    Apollo Commercial Real Estate Finance, Inc. (the “Company”) (ARI) today announced the Company has priced an underwritten public offering of 13,500,000 shares of common stock for total estimated gross proceeds of approximately $243.0 million. In connection with the offering, the Company has granted the underwriters a 30-day option to purchase up to an additional 2,025,000 shares of common stock. The offering is expected to close on March 16, 2018, and is subject to customary closing conditions. ARI intends to use all or a portion of the net proceeds from the offering to acquire or originate the Company’s target assets, which include commercial first mortgage loans, subordinate financings and other commercial…