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New Joint Venture to Develop Charlotte-Area Townhome Rental Community

New Joint Venture to Develop Charlotte-Area Townhome Rental Community

by Phil Hall | Aug 20, 2025 | News/Current Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The investment firms Sterling Equities, Eden Multifamily and Peakline Real Estate Funds have partnered to develop a new townhome rental community located in the Steele Creek community of South Charlotte, North Carolina. The joint venture’s Eden Steele Creek will...
Compass Expands in North Carolina with Addition of Cottingham Chalk

Compass Expands in North Carolina with Addition of Cottingham Chalk

by Phil Hall | Jul 30, 2025 | News/Current Events, Real Estate News, WRE News Exclusive

Compass Inc. (NYSE: COMP) expanded its presence in the North Carolina market with the addition of Cottingham Chalk, an independent brokerage based in Charlotte. Co-founded by Dan Cottingham and John D. Chalk in 1983, Cottingham Chalk’s 70 agents closed $589 million in...
Citigroup to Create $16.1 Million Office Facility in Charlotte

Citigroup to Create $16.1 Million Office Facility in Charlotte

by Phil Hall | Jul 10, 2025 | Commercial Real Estate News, News/Current Events, Real Estate News, WRE News Exclusive

Citigroup (NYSE: C) has announced plans to invest $16.1 million in a new office facility in Charlotte, North Carolina. Reuters reports the banking giant opens is aiming to create 510 new jobs at the facility that will focus on personal banking, finance, and marketing....
Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

Macerich Company Acquires 1.3 Million SF Raleigh Mall for $290 Million

by Phil Hall | Jun 24, 2025 | Commercial Real Estate News, News/Current Events, Real Estate Investing, Real Estate News, WRE News Exclusive

The Macerich Company (NYSE: MAC), a Santa Monica, California-based real estate investment trust, has acquired Crabtree Valley Mall, a Class A retail center totaling approximately 1.3 million square feet in Raleigh, North Carolina, for $290 million. The acquired...
North Carolina Foundation for Helping Realtors in Need Removes ‘Realtors’ From Name

North Carolina Foundation for Helping Realtors in Need Removes ‘Realtors’ From Name

by Phil Hall | Jun 11, 2025 | News/Current Events, Real Estate Agent Tools, Real Estate News, WRE News Exclusive

A North Carolina foundation created to assist realtors in need has removed “realtors” from its name. The Wilmington Business Journal reports the Wilmington Realtors Foundation is now called the Housing Foundation of Southeastern North Carolina. 501(c)(3)...
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