Mixed-use project planned for church site in SouthPark hits a snag

The redevelopment of the Sharon United Methodist Church property in SouthPark has hit a snag that involves some well-known Charlotte real estate developers. In order for real estate firm Childress Klein and the church to move forward with plans for a major mixed-use project at Sharon Road and Morrison Boulevard, they now need some cooperation from the families of H.C. “Smoky” Bissell, Johnny Harris and his brother, Cameron Harris. Here’s the background: Back in 2011, three couples — Smoky…

Tips for Selling Your House for a Bigger Profit

(TNS)—Existing home sales are on the rise, up 9 percent from last year, according to the National Association of Realtors. Now that buyers are back in the market, read these practical tips to add value to your home so you can get the best possible sale price. Stage Your Property According to an NAR report, […]

Ways to Ease the Burden of College Expenses

(TNS)—College is a large financial undertaking, but with the economy on the rebound more families are willing to shoulder the cost. That’s the finding of the latest annual survey, “How America Pays for College,” by student loan provider Sallie Mae. According to the study, families of undergraduate students says their total cost of college—using savings, […]

Beacon Partners starting work on seven-story office and retail building

Beacon Partners is breaking ground this week for 500 East Morehead, a seven-story office building with ground-floor retail on East Morehead Street, next door to the Dowd YMCA. The commercial real estate firm expects to start demolition today on a vacant, 44,000-square-foot building at the 2.5-acre site. The demolition process will take six to eight weeks, says Mike Harrell, a partner with Beacon, and will be followed by vertical construction of the building, which will total 180,000 square feet…

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…