Renters Feeling Heat from Heightened Housing Costs

The gap between rental costs and household income is widening to unsustainable levels in many parts of the country, and the situation could worsen unless new home construction meaningfully rises, according to new research by the National Association of REALTORS®. NAR reviewed data on income growth, housing costs and changes in the share of renter and […]

Synchrony Financial leases Rushmore One building at Ballantyne Corporate Park

Synchrony Financial has leased the Rushmore One building at Ballantyne Corporate Park and has begun renovation work at the property, including the creation of additional parking spaces. The Charlotte Business Journal reported in October that Synchrony was in talks to the lease the building, which has 152,000 square feet of office space and was formerly occupied by AXA Financial. Earlier this year, Synchrony withdrew a request for $750,000 in state and local incentives tied to a 400-job expansion…