A Charlotte-based residential real estate investment trust plans to start trading publicly this week with an initial public offering of up to $77.7 million.
RiverBanc Multifamily Investors will trade on the NASDAQ market on under the symbol RMI, according to information included in its offering. The business is based in the Carillon tower uptown.
The company will use the proceeds from the offering to buy the assets of RB Multifamily Investors, formed in 2013 to own debt and equity interests in…Charlotte REIT plans initial public offering
A Charlotte-based residential real estate investment trust plans to start trading publicly this week with an initial public offering of up to $77.7 million.
RiverBanc Multifamily Investors will trade on the NASDAQ market on under the symbol RMI, according to information included in its offering. The business is based in the Carillon tower uptown.
The company will use the proceeds from the offering to buy the assets of RB Multifamily Investors, formed in 2013 to own debt and equity interests in…
Raycom Media Inc. has leased approximately 26,000 square feet at the Charleston Row building in Ayrsley for a new centralized traffic operation based in Charlotte.
In January, Raycom announced the new operation, which manages the on-air commercial inventory for the 51 television stations the company owns or operates. Raycom hired Garrett Pope as general manager. Pope was previously with Univision, serving most recently as traffic director for that company’s television group.
Raycom moved into…
Marsh Properties appears to be moving forward on its planned redevelopment of a shopping center and nearby apartment buildings in Charlotte’s Sedgefield neighborhood.
This week, fencing went up around the site of the estimated $190 million project, located along South Boulevard between Poindexter Drive and Elmhurst Road. Construction equipment sits at the ready in the parking lot of the now-vacant shopping center, once home to a Healthy Home Market Store, and windows and other materials have been…
This week, Boston developer Greg Rudolph of RTG Holdings attended a launch party for 1 Brevard, a condo tower he and his business partner plan to build at the corner of Brevard and Fourth streets. Four years ago, he stood in a federal court in Massachusetts and pleaded guilty to a felony charge of failing to report income in foreign bank accounts and depriving the IRS of $25,507 in taxes.
In 2011, Rudolph was sentenced to one year of probation, including one month of electronic monitoring, and ordered…
Portman Holdings expects to start work on its planned uptown office building “any day now,” an executive with the firm says.
During a commercial real estate panel on Wednesday, Travis Garland, director of leasing at Portman, said he anticipates work for the 19-story office tower next door to The Westin Charlotte hotel will begin very soon.
The 370,000-square-foot office tower, called 615 South College, will rise above the parking deck for The Westin Charlotte hotel, and the first few weeks…
A development company is planing to build a 147-unit apartment complex with 8,900 square feet of commercial space at North Davidson Street and Matheson Avenue and won rezoning approval Monday night for the 1.5-acre property.
The five-story project at 2715 N. Davidson St. will feature three levels of residential units over two levels of parking. The commercial space will include the leasing office, a fitness center, and 1,500 to 2,000 square feet of retail that could accommodate a small coffee shop…
The development team behind the proposed 1 Brevard condo tower in uptown Charlotte is kicking off sales for the project this evening with hopes of breaking ground early next year on the 29-story development.
Boston-based developer Greg Rudolph of RTG Holdings and his longtime business partner, Robert Gunn of Gunn Financial, are planning to build the condo tower, the first in uptown Charlotte since the recession, at the corner of Brevard and Fourth streets.
Plans for the 174-unit building include…
Levine Properties has suspended construction on a parking deck in Charlotte's First Ward due to a funding issue with the state of North Carolina.
The firm started construction in April and will complete the footing and foundation work for a 1,335-space parking deck at 10th and Brevard streets. But it will not begin vertical construction, says Daniel Levine, who heads Levine Properties. That's because the firm has not received $4.2 million in equity funding from the state for UNC Charlotte, he says.…