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Welltower Cautiously Optimistic as Senior Housing Occupancy Rises

Despite ongoing senior housing headwinds, executives with Welltower (NYSE: WELL) are encouraged by occupancy increases that occurred in the fourth quarter of 2018. “We’re cautiously optimistic about the recent performance of our senior housing operating portfolio,” Executive Vice President and Chief Investment Officer Shankh Mitra said Tuesday, on an earnings call with analysts and investors. […]

ICE agents arrest at least a dozen people in Charlotte raids, according to local group

CHARLOTTE, NC (WBTV) – Comunidad Colectiva, a grassroots community organization focused on advocating for and protecting the human rights of immigrants in Charlotte, released a statement Wednesday morning claiming at least a dozen people have been arrested as a part of targeted raids by I.C.E. “This morning more than a dozen immigrant neighbors were arrested […]

Car crashes into apartment in northeast Charlotte

CHARLOTTE, NC (WBTV) – A car crashed into a unit at an apartment complex in northeast Charlotte Wednesday. The wreck happened just after 1 p.m. at the Hunters Pointe apartment complex near Reagan Drive. From WBTV’s Sky3, the vehicle – a silver sedan – could be seen halfway into the wall of the building. Police […]

Epproach Communications: New Charlotte, NC Apartment Community to Provide State-of-the-Art Smart Apartment Solution for Residents

CHARLOTTE, NC / ACCESSWIRE / January 22, 2018 / Riverbend Apartments, a luxury Charlotte-based apartment community, is partnering with Epproach Communications to provide its residents with a state-of-the-art Smart Apartment solution controlled via a branded smartphone app. The 266-unit site, which opens in Spring 2019 and is managed by Brown Investment Properties, will be one […]

HFF Announces Financing of Capitol Towers in Charlotte, North Carolina

Holliday Fenoglio Fowler, L.P. (HFF) announces the financing of Capitol Towers, a state-of-the-art, two-tower office property totaling 477,704 square feet in Charlotte, North Carolina. The HFF team worked on behalf of the borrower, Preferred Office Properties, to secure the 18-year, fixed-rate loan with New York Life Insurance Company. Loan proceeds were used to acquire the […]

Mecklenburg commissioners prepare for revaluation, affordable housing and more in 2019

Stakes high for county revaluation CHARLOTTE, NC (WBTV) – 2019 promises to be a big year for the Mecklenburg Board of County Commissioners. It’s the first time the county goes through the revaluation process since 2011, when residents complained about drastic tax hikes and the county manager was fired. At large commissioner Pat Cotham was […]

2018 in review: What mattered for affordable housing in WNC

GRAND PLANS: The Rev. Jim Abbott of St. Matthias Episcopal Church in the East End/Valley Street neighborhood looks at the rendering of a proposed affordable housing complex on city-owned property on Charlotte Street. Photo by Leslie Boyd With apologies to Jane Austen, it is a truth universally acknowledged that a resident of Western North Carolina […]

High-end restaurant from N.C. mountains heads to south Charlotte

CHARLOTTE, NC (Kathleen Purvis/Charlotte Observer) – Fans of Banner Elk’s acclaimed restaurant Artisanal have been wondering for months about the owners’ plan to open in Charlotte. The wait may almost be over. Chef/owner Bill Greene and his wife and partner Anita Greene announced Tuesday that they’ll open a new restaurant, Peppervine, in Charlotte’s Piedmont Town […]

4-year-old boy found safe less than 100 yards from home

CHARLOTTE, NC (WBTV) – A 4-year-old boy reported missing from his south Charlotte home early Friday morning has been found safe. Justin Villeda Idiarte was reported missing around 12:50 a.m. from his apartment, located in the 6600 block of Montcrest Drive. Police say Idiarte was found at an apartment less than 100 yards from his […]