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Business Today NC

YEARS Business Intelligence for the Golden Crescent: Lake Norman • Cabarrus • University City

BUSINESS AND POLITICS

December 2017 Published monthly

Volume 16, Number 9 $1.50

Toll lane advisors will look at I-77 options, including ‘complete and delete’ contract

The new mayor of Davidson is our Newsmakers Breakfast speaker Page 2 Thursday, Dec. 14

HEALTHCARE

Novant grows in Huntersville, while rural hospitals have their challenges Page 3

THE BUSINESS OF CHAMBERS

DEVELOPMENT

putting together a new advisory group “to learn the advantages, disadvantages, costs and timelines” of the options presented this fall by Mercator Advisors, the

The business of local airports is taking off BY KATE STEVENS​ Expansion and improvement projects are on the horizon at both Concord and Statesville regional airports due to the increasing number of passengers and services offered at both locations. In December, bids will go out for Statesville Regional’s $8 million construction of a parallel taxiway south of the airport’s existing runway, said John M. Ferguson, airport manager. Currently, planes departing from hangars on the airport’s south side must cross

The Antiquity Woods project faces opposition from residents Page 8

MANAGING YOUR SALES TEAM Through October, Allegiant flew 685 flights out of Concord in 2017.

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Page 21

See Airports page 20

RECORDS

Transactions Cabarrus 14 Mecklenburg 15 Mooresville 16 Foreclosures 17301 Belle Isle Dr, Cornelius Cabarrus 17 sold for $2,400,000

Mecklenburg 17 Mooresville 17 Corporations Cabarrus 17 Mecklenburg 17 Mooresville 17

www.businesstodaync.com

PRSRT STD US POSTAGE PAID WINSTON-SALEM, NC PERMIT NO. 319

HOT PROPERTIES

Columnist Cheryl Kane explains the ‘first things first’ approach to selling

See Toll lane advisors page 18

DATED NEWS - POSTMASTER PLEASE DELIVER BY 12/02

Joshua Dobi takes over the volunteer reins in Page 6 Lake Norman

BY DAVE VIESER AND DAVE YOCHUM Just when it seemed as if the state has hemmed and hawed as much as it can on the I-77 toll lane debacle, the NCDOT is

consulting firm hired to look at how we entered into a 50-year contract with a Spanish company. “I welcome the establishment of the Governor’s I-77 advisory group. The more scrutiny of the contract, the more likely we will see some positive changes to the I-77 toll lane debacle,” said Huntersville Mayor John Aneralla. The most hoped-for outcome—in the business community at least—seems to be “complete and delete,” which means Cintra finishes the 18-mile project and the state pays not only for the construction but to delete or cancel the contract. The I-77 toll lane advisory group will

Business Today P.O. Box 2062 Cornelius, NC 28031

NEWS INSIDE

@businesstodaync


2 December 2017

Business Today

Newsmakers Breakfast Dec. 14 with the new mayor of Davidson Newsmakers Breakfasts Newly sworn in Davidare an open-forum Q&As son Mayor Rusty Knox with people who make the will be the Newsmaknews. Anyone can ask a ers Breakfast speaker question. Dec. 14​at The Peninsula Doors open at 7:15 a.m. Club.​A Realtor, singer for networking. The buffetand the son of former style breakfast gets under Mayor Russell Knox, he way at 7:30 a.m. The Q&A defeated John Woods in begins at 8 a.m. and conthe November election. RUSTY KNOX cludes at 9 a.m. The cost to Fast growth, transparattend, $12, includes a full ency in government and social media played major roles in the country breakfast. Reserve a seat at intense debate leading up to Knox’s 704-895-1335 with Visa or MasterCard. Sponsors include Allen Tate Realtor mandate in a three-way race. Dixie Dean, Aquesta Bank, Davidson Former Cornelius Mayor Gary Knox is his cousin. Knox’s uncles, Eddie and Wealth Management, Donna Moffett , Irwin Law Firm, The Joe, where the mayors of Charlotte Accountants​ and Mooresville, respectively, when Knox Group and Raymer Kepner Funeral Home. his father was mayor of Davidson.​

Record number of businesses have changed hands during 2017 BY DAVE VIESER dence among both business owners as With the economy sizzling, a record well as consumers.” Vagnone says many business owners number of businesses changed hands nationwide during the third quarter of believe that a relaxation of federal reg2017. According to BizBuySell’s 2017 ulations is setting the stage for even Insight Report, 2,589 businesses had more growth, especially among small changed hands, a 24 percent increase businesses. The Charlotte area has some very from the same quarter last year. This puts the number of year to-date trans- healthy statistics on business sales, actions at 7,491, positioning 2017 to especially when compared to last year be a record-breaking year of small and the national average. For example: The median asking price of businessbusiness transactions. It also contines for sale in the third quarues a two-year trend of roter of 2017 was $354,000 bust quarter-over-quarter compared to $299,000 in business-for-sale market 2016. growth, with Q4 of 2016 Businesses listed in Charbeing the only outlier. lotte had median revenue of “Not only are more $579,684 up from $570,613 small businesses changing at this same time last year. hands, but healthier busiThe median cash flow for nesses put the new ownCharlotte businesses in the ers in a great position for third quarter of this year continued success,” said VAGNONE was $125,000 vs. a median Bob House, president of cash flow of $110,032 in the BizBuySell.com. “This points to a bright future for small busi- second quarter. What’s ahead? Vagnone believes the nesses overall.” Small business broker and advi- growth trend will continue. “The busisor Joe Vagnone says the business of ness owners I speak with are confident business transactions is “off the chart. that rules which could stifle growth That’s the best way to describe the are not on the horizon and that should stimulate more growth like we’ve seen past two years. We’re seeing a strong sense of confi- in the third quarter.”


Business Today

Novant Health Huntersville will increase bed count 50%

BY DAVE YOCHUM He says maintaining a culture of safety Fast growth around Lake Norman and quality while “creating a remarkis one of the driving forces behind able patient experience” is one of the Novant Health Huntersville Medical big challenges. Indeed, the hospital industry is inCenter adding 50,000 square feet and 48 new patient beds to the 13-year-old creasingly competitive, in part because of declining reimbursements, community hospital. The $50 million expansion, which higher pay for skilled medical staff and includes a 20,000 square foot renova- the cost of new technology. At least 25 tion, will transform the facility into a states have seen at least one rural hos139-bed hospital that is “prepared to pital close since 2010, most of them in meet the healthcare needs of one of the South, according to the North Carthe fastest-growing communities in olina Rural Health Research Program. Thirteen hospitals in Texas have the Charlotte area,” according to Mike closed since 2010, the most of any Riley, president. Literally hundreds of people are state. Closures have been ticking up since moving to the Charlotte area every the recession of 2008-2009, day. When Novant fought to according to the Sheps Center open Huntersville 15-some for Health Services Research years ago, patients in Huntat the University of North ersville and Cornelius had to Carolina. choose between Lake NorThere are likely multiple man Regional in Mooresville contributing factors, includand hospitals in Charlotte. ing failure to recover from the Since then, I-77 has become recession, population demovirtually impassable during RILEY graphic trends, increased rates parts of the day. Riley said the Lake Norman area is of merger and affiliation, decreased above the national average in income demand for inpatient services and new and education levels, which means models of care. The impact of Obamacare—and more people have more access to changes in Medicaid—put hospital health services. “Growth in the area is also well management in a league with rocket above the national average. This has science. “I think everybody is confused been both a challenge and a blessing. It has been challenging in that the hos- about where Obamacare will go at this pital is frequently at or near capacity. point,” Riley said. “We are not making It has been a blessing in that it has fu- any major strategic or policy changes eled our rapid growth and current ex- based on what we think might happen. We believe that as long as we are dopansion,” Riley said. The hospital has expanded several ing the right thing for the patient evtimes over the years including a two- erything else will work out.” Nursing turnover at Novant Huntfloor vertical expansion in 2012 that added 15 new beds, and the transfer ersville is relatively low compared to of 16 beds from Novant Health Presby- other hospitals In the state and the naterian Medical Center to Huntersville tional average, Riley said. “Younger people today don’t stay in in 2014. jobs as long as they used to. They are The hospital, which has 91 beds now, will gain 44 acute care beds, two frequently looking at other options. ICU beds and two beds in neonatal One of the benefits of a nursing career care as well as a new operating room is that there are many different career paths and specialties. One of our core for a total of six. The anticipated completion date for values is personal excellence and we the expansion is spring 2019. Vannoy work hard to grow our team memConstruction is the general contractor bers. Because of this, we want them and McCulloch England Associates to grow and become the best they can be at their current job and or be preArchitects is the architect. Riley is one of the top executives in pared for the next level opportunity,” the healthcare industry in Charlotte. he said.

December 2017

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3


Business Today

4 December 2017

CPCC chef relishes US culinary team

Chef Robert Marilla and intern Sam Hart (background)

Call or email for a free proprietary business valuation & analysis: Joe@Jvagnone.com “I referred Joe to a business friend of mine. He sold their business in less than 60 days. I would recommend Joe and his team to anyone thinking about selling their business.” Shawn Shrader: Business Owner our Preferred program (PRP member)

The former executive chef at The Point Lake and Golf Club and Cramer Mountain Country Club has won a spot on the American Culinary Federation Culinary Team in major international culinary competitions. Fourteen chefs from across the country competed for a place on the eight-member team. Chef Robert Marilla, a culinary arts instructor at Central Piedmont Community College, landed one of the coveted spots. Marilla and CPCC student intern Sam Hart prepared a meal that includes a fish course featuring Brunswick County Strawberry Grouper, a Frisee and Brussels Sprouts salad and a Pork Loin and Sausage Crepinette entrée. “I am extremely excited about this opportunity and representing CPCC on the world stage,” said Marilla, a Denver resident.

“This experience gave me the opportunity to see the best in the country put forward their best work,” said Hart. “The conference and the six months of preparation leading up to the competition with Chef Rob have meant everything to my career. Because of my involvement, I was offered jobs at some of the most prestigious restaurants, clubs and corporations in the country. As a result, my sights are set much higher now – my current floor used to be my ceiling.” A new ACF Culinary Team USA is officially named every four years. Marilla will train, practice and compete with his new teammates in a number of smaller competitions prior to participating in the World Championships in 2018 and the Internationale Kochkunst Ausstellung (IKA) “Culinary Olympics” in Germany in 2020. A graduate of Johnson & Wales University, he has won 13 ACF medals (three silver and one gold) and was named the 2008 winner of the Best Appetizer and Best Tapas/Small Plate Restaurant Award.

Yochem new digital officer at Novant join the Novant Health exNovant Health has ecutive team,” said Carl Arnamed Angela Yochem as mato, president and CEO chief digital officer. She of Novant Health. “Angela will develop the strategic has a consistent record of vision for how the nondigital innovation and Novprofit healthcare giant can ant Health will be stronger engage with patients and and positioned for even improve their healthcare greater success with her experience. She will also leadership in this space. lead the implementation I am excited to see how of digital media solutions she finds new and creative YOCHEM across the system includways to connect with our ing design, development, patients, team members and commuoperations and support. “I am pleased to have Angela Yochem nities.”

Ron DuDonis joins Omnia Construction Ron DuDonis has joined Omnia Construction, a remodeling company based in Cornelius. A long-time construction manager, he was project manager for the 2006 Levine Children’s Hospital Charity House built in The Club at Longview. He has a master’s degree in theology from Ambassador Christian College. DuDonis, a volunteer chaplain with the Billy Graham Rapid Response Team, lives in Concord with his wife and two sons.

DUDONIS


Business Today

6 December 2017

Dobi becomes chairman of LKN Chamber in 2018

Newsmakers

b r e a k f a s t Thursday, Dec. 14 with

Rusty Knox Newly sworn in mayor of Davidson

The Peninsula Club 19101 Peninsula Club Dr., Cornelius $12 - Includes Breakfast Doors open at 7:15 a.m. for Networking Breakfast begins at 7:30 a.m. — Q&A Concludes at 8:55 a.m. RSVP Today at 704.895.1335 Presenting Sponsor:

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Cornelius financial advisor Joshua advisory business since his junior year Dobi is the incoming 2018 chairman in college at age 20. The son of a Presof the 1,000-member Lake Norman byterian minister and a schoolteacher, Dobi, who prefers to be called Joshua, Chamber of Commerce. The owner of Dobi Financial Group takes over the chairmanship from acsays he hopes to “continue to support, countant Jay Lesemann. The I-77 Cintra toll contract is top provide a ‘value-add,’ and advocate” of mind in the Lake Norman business for chamber members. “To that end, we will be relentlessly community, despite attempts to canfocusing on listening to our members, cel. Dobi says the chamber “will conunderstanding their concerns, and tinue to advocate for an alternative to working ceaselessly to provide them the current contract and wholehearta ‘plus-one’ in their business pursuits. edly supports the efforts of our local citizens and elected offiWhether that comes from cials in that pursuit.” our extensive calendar of The Lake Norman networking opportunities, chamber has weathered connecting them with a the recession and changresource which can help ing business sensibilithem grow, or advocating ties better than some. for them to our elected ofIndeed, there’s no plan ficials, we want to be their to aggressively ramp up go-to place as they seek membership. new and greater opportu“I know we get excitnities in our Lake Norman ed about membership community,” Dobi said. DOBI goals and there is a fisThe Cornelius resident, cal reality to supporting a who is 42, runs a financial advisory business with clients in 35 healthy Chamber. However, I’m much states. This past year he has chaired more concerned with attracting and the chamber’s public policy commit- retaining those members who want to not only sustain and grow their busitee. Dobi started his firm in 2009 after nesses, but to help our Lake Norman being a partner in another financial region continue to thrive.”

PreGel America plans to invest $14.4 million in Concord plant PreGel America will invest $14.4 million for equipment and to expand its Concord operations. The Cabarrus County Board of Commissioners and Concord City Council approved a three-year, performance-based tax incentive totaling $249,900 for Cabarrus County and $171,360 for the City of Concord. PreGel America makes semifinished dessert ingredients and supplies. H ​ eadquartered in Reggio Emilia, Italy, the company’s product lines support everything from gelato and ice cream​to pastry and specialty beverages. “PreGel is excited about the opportunity to further expand our facility in the City of Concord,” said Marco Casol, president and CEO of PreGel.

“We have found great success among the diverse network of businesses in the area, and we’re proud to be a part of this infrastructure and grow with the progressive development that Concord is experiencing.” The company has helped shape Cabarrus County’s international economic profile, said Steve Morris, chair of the Cabarrus County Board of Commissioners. “They’ve found the right formula for success, and we’ve got room for them to grow,” he said. The expansion will add approximately 110,000 square feet of manufacturing and warehouse space at its operation located at 4450 Fortune Ave. NW in Concord. The company​, which opened here in 2006, currently​ has 93 workers.


Business Today

8 December 2017

Future of Antiquity Woods project in doubt BY DAVE VIESER In May 2016, with a strong local economy and Cornelius’ Antiquity neighborhood growing day by day, developer Joe Roy of Charlotte-based Meeting Street Co. filed a rezoning application which, if approved by the town, would permit him to build Antiquity Woods, a mixed-use community on 16 acres of vacant land. Eighteen months later, the rezoning is at a standstill, its outcome in doubt.

Nevertheless, Meeting Street just paid a double application fee to keep the application active until April 30

next year. “Other than that, we have no indication of any additional direction in which to move the project forward,” said Cornelius Planning Director Wayne Herron. Despite enormous demand for new housing, developers are being stymied by new and better organized citizen movements calling for slower and more sensitive growth, especially in light of lagging

NCDOT TO HOLD PUBLIC MEETING FOR THE PROPOSED EXTENSION OF NORTHCROSS DRIVE FROM N.C. 73 (SAM FURR ROAD) TO WESTMORELAND ROAD MECKLENBURG COUNTY TIP PROJECT NO. U-5108 The N.C. Department of Transportation will hold a public meeting regarding the proposed project to extend Northcross Drive from its end near N.C. 73 (Sam Furr Road) in Huntersville to Westmoreland Road in Cornelius. The meeting will take place on Thursday, December 7, 2017 from 5 p.m. to 7 p.m. at the Christ Community Church located at 16301 Old Statesville Road in Huntersville. The purpose of the project is to improve the roadway network connectivity and provide an alternate northsouth route for local traffic. Since the February 2017 public meeting, a preferred alignment has been chosen. The public may attend at any time during the above mentioned hours. NCDOT representatives will be available to answer questions and listen to comments regarding the project. A map showing the detailed design of the selected alignment will be available for review. The opportunity to submit written comments will also be provided at the meeting or via phone, email, or mail by January 5, 2018. Comments received will be taken into consideration as the project develops. Please note that no formal presentation will be made. Project information and materials can be http://www.ncdot.gov/projects/publicmeetings.

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For additional information, contact Sean Epperson, NCDOT Division Team Lead by mail: 716 W. Main Street, Albemarle, NC 28001, by phone: (704) 983-4400, or via email: smepperson@ncdot.gov. NCDOT will provide auxiliary aids and services under the Americans with Disabilities Act for disabled persons who wish to participate in this meeting. Anyone requiring special services should contact Caitlyn Ridge, P.E., Environmental Analysis Unit via e-mail at ceridge1@ncdot.gov or by phone (919) 707-6091 as early as possible so that arrangements can be made. Persons who speak Spanish and do not speak English, or have a limited ability to read, speak or understand English, may receive interpretive services upon request prior to the meeting by calling 1-800481-6494. Aquellas personas que hablan español y no hablan inglés, o tienen limitaciones para leer, hablar o entender inglés, podrían recibir servicios de interpretación si los solicitan antes de la reunión llamando al 1-800-481-6494.

infrastructure. Efforts to reach Meeting Street officials were unsuccessful, but so far, it appears citizens are winning. The proposed development would be a combination of town homes, along with a central garden and the Village Tavern Inn, a mixed-use building. The project would be bounded by an old screw factory, the Antiquity development, a greenway, a covered bridge, Davidson Elementary and McEver baseball field in Davidson. It is currently zoned Neighborhood Residential but a change in zoning to a conditional zoning status would be needed to increase density. In reality, Meeting Street could erect approximately 50 homes without getting a change in the zoning. However, their plans call for about 100 townhomes, or a density of about twice the amount they could build “by right.” The year-and-a-half of waiting has enabled residents to fortify their opposition to the project based on traffic/ safety issues. Antiquity resident Kelly Gardner started a group called Citizens Advocating Responsible Development, better known as CARD. “Our members really care about traffic/safety issues on South St and in Antiquity,” Gardner said. The biggest concern around traffic is that the only entrance and exit to Antiquity Woods would be precisely where traffic on South Street from Davidson approaches the quaint and narrow covered bridge which connects the two towns. In December of last year, the required traffic impact analysis (TIA) for the project was completed by A. Morton Thomas & Associates of Raleigh. The 50-page document includes information on the traffic flow which the development would generate. Neighbors were already concerned with some of the information included in the study, and with no direction from Meeting Street, the time elapsed may result in the need for a new TIA. “That depends” said Herron. “Did the plan change? Did any circumstances related to items evaluated change? If things did change, does it change the outcome or the recommended mitigation? We do not know what plan the applicant will choose so, we will just have to wait and see.”


Business Today

December 2017

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10 December 2017

are G S What is the first things about sales? rowth

trategies

tion is often the one who will be unhappy in the end. Always get all the facts before pricing something. 1. If you quote a price for a customer and they add other requirements after the fact, as you re1. Before you try to sell, first price it make sure to relearn everything you can about mind them of the added your product or service; customSales Coach value for the added cost. ers instinctively know when you CHERYL KANE 1. You may be smart are ignorant if you try to tell tales. but others are smarter. Worse, they will perceive you as arrogant, too. You won’t get a second audi- Know who in your organization is better than you in sales and learn from them. ence with them. 1. When a customer complains, the first Don’t be too proud to do this; it’s how they thing to do is to thank them for taking learned, too. 1. Start your day by knowing what ortheir time to tell you so you could make it right; then immediately apologize and cor- der your priorities should be in—today, this week, and this quarter. See your work rect the error. 1. Customers forgive and buy again efforts from a strategic view as you work the faster if you fix their complaint correctly tactical plan. 1. Don’t waste time. Make every minute and promptly the first time they alert you to the problem. Never miss the chance to count. Use a calendar as your intimate partner solidify a customer’s loyalty through your in making specific progress every day. Learn how to anchor your activity to a clear plan. customer service practices. 1. Be agile and resilient. Each day’s goals 1. The first person to name a price before all facts are known about a transac- may become jumbled but don’t let yourself

There is so much to know about sales if you want to sell well. The complexity and fast-paced nature of sales understandably intimidates many. The sheer thought of having your sales pitch, your personality, and your skill scrutinized by customers every day terrifies others. But sage sales professionals are intrigued by the complexity, energized by the challenges, and excited every day to test themselves in the demanding world of sales processes. So you might ask: “What is the first thing I need to know about sales?” Here are my thoughts, and you can quote me: 1. Do one thing well at a time. Misspoken names, errors in orders, mistaken quotes can all be avoided if you don’t multi-task. 1. Learn to strive for excellence above production cycle times. Superior quality speaks for itself and is generally remembered long after the due date. It builds strong customer loyalty. 1. Pay attention to your customer first, so they will pay attention to you. Always be fully in the moment when conversing with them. The verbal and nonverbal cues they send are nuggets of gold to understanding them. 1. Before you try to approach a customer learn all you can about their business and how your product or service fits. Know how you add value in order to demonstrate it to the customer.

Business Today

feel that way. Land on your feet, adapt and move to the next objective. 1. Always keep learning. When call-backs are slow have self-improvement materials on hand to devour or seek someone out of a part of your company you need to learn more about and shadow or interview them. 1. Know what you love about selling and it will become your strength when some days are not so easy. 1. Resolve to learn from your mistakes—the best lessons sometimes come from a failed task. Whew! There is a lot to know about how to be successful in professional sales. Yes, at times it can be daunting but, oh, overall it can be exhilarating and rewarding. You just have to know the first thing about it. Cheryl Kane, MBA, PHR, GPHR, SHRMSCP, is a strategic business consultant, sales trainer, & professional speaker specializing in strategic planning and service quality. If you seek assistance in growing your business, need a business speaker, or have a topic you would like to see in this column, Cheryl welcomes your communication at (704) 595-7188 or through her web site, www.cherylkane.net.

A GREAT HOME LENDER MAKES THE DIFFERENCE. You need more than a mortgage. You need a home lender to guide you through the financial confusion. We’re here to help make sense of it all. Get started by finding out how much house you can afford with our online calculator. Tap into all the great home-buying resources on our website. Or just give us a call to speak to one of our experienced mortgage lenders, people who know you and want to help make your home-buying experience a breeze.

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6/28/16 5:13 PM


Business Today

NEWS - e

December 2017

11

Uwharrie assets rise 8 percent so far this year Nov. 27. Uwharrie Capital Corp. and its chief subsidiary, Uwharrie Bank, reported consolidated total assets of $592 million at Sept. 30, up from $548 million at the beginning of the year. Net income for the first nine months was $1.8 million, about level for the same period in 2016. For the nine months, net income available to common shareholders was $1.4 million or $0.20 per share compared to $1.3 million or $0.19 per

share during the first nine months of 2016. Net income available to common shareholders takes into consideration the payment of dividends on preferred stock. The difference in earnings for the nine-month period ended Sept. 30, 2017 vs. the same period in 2016 reflects the additional interest income associated with “strong growth in the loan portfolio.” Net income for the three-month

Cabarrus College offering 2 new programs in 2018 Nov. 27. Cabarrus College will add two new options to its array of academic programs that focus on the health sciences. New to the Louise Harkey School of Nursing is the Clinical Research Certificate Program. This online Certificate Program is for registered nurses with a bachelor’s degree. The Certificate can be earned in two consecutive semesters, or six to eight months. Graduates of the Clinical Research Certificate Program can be eligible for National Certification as a Certified Clinical Research Coordinator by the Association of Clinical Research Professional (ACRP), after successful completion of the Clinical Research Coordinator (CRC) Certification Exam. There is an increasing

demand for Certified Clinical Research Coordinators. Also new in 2018, the Medical Assistant diploma program will begin offering an online hybrid program where the lab component is held on the Charlotte campus of Carolinas College of Health Sciences. For students closer to Charlotte, this program allows the student to earn their Diploma in Medial Assistant in only one year. Students of this program may also take advantage of Carolinas HealthCare System’s Educational Loan Forgiveness Program, worth $5.000. There is currently a demand for Certified Medical Assistants (CMA) within Carolinas HealthCare System. More info: Office of Recruitment at 704-403-1556 or www.cabarruscollege.edu.

Cindy Michael will lead Executive Women of LKN Nov. 28. Cindy Michael, vice president of A+Network Transcription, is the new incoming president of Executive Women of Lake Norman, an organization for women leaders in the Lake Norman area. Michael was a 2016 recipient of Business Today’s Top Women Award.

period ended Sept. 30, 2017, was $588,000 vs. $540,000 for the same period in 2016. For the three months ended Sept. 30, net income available to common shareholders was $440,000 or $0.06 per share compared to $391,000 or $0.06 per share

for the same period last year. The Uwharrie Capital board of directors declared a 2 percent stock dividend to be paid to common stock shareholders of record Dec. 27, 2017. The dividend will be paid electronically via book-entry.

Share The PASSION “It is a beautiful thing when a career and a passion come together” Blue-J’s Janet Schultz is passionate about providing opportunities to those on the Autism spectrum, and she wants to share that with others Now offering Blue-J start-up business packages that include Schultz’s already successful business plan Expanding the Blue-J model offers employment to even more individuals on the spectrum Perfect for parents, families, schools and groups Blue-J is now accepting new clients for commercial cleaning settings For more information, call 704-589-3148 Bluejsmallofficecleaning.com

Offering Congratulations

to several of our clients making good news recently:

SonaCare Medical, based in Charlotte, manufactures high intensity focused ultrasound technologies for treating cancer. SonaCare recently raised $3 million in growth capital from San Francisco-based Decathlon Capital Partners. Scale Finance managed this capital raise throughout the process The Education Center (TEC) is the Greensboro-based national publisher of The Mailbox and Learning magazine, educational content and resources used by millions of elementary school teachers for decades. TEC was recently acquired by Infobase, a NY-based educational publishing company backed by private equity firm Veronis Suhler Stevenson. SF advised TEC on the sale of the business AMTDirect, the Charlotte-based leading provider of lease administration and lease accounting software recently received a strategic growth investment from Luminate Capital Partners, a San Francisco-based private equity firm. AMTdirect’s SaaS platform covers real estate and equipment lease contracts that generate over $40 billion in global accounts payable payments annually. SF advised in closing this transaction DDDigital, based in Denver, CO, provides online ordering and inventory management software for cannabis dispensaries. MassRoots, Inc., also based in Denver, is the leading social media network, mobile apps, and technology platform for the regulated cannabis industry. MassRoots recently acquired DDDigital through a process managed by SF Veritas Collaborative is a specialty hospital system for the treatment of eating disorders, and is now expanding to Charlotte. Veritas is growing rapidly with facilities currently in Durham, Richmond, and Atlanta, and is backed by Vestar Capital Partners. SF has provided business valuation services and contract Controller support for Veritas in recent years CFOs & Controllers - Expert Support, Part-time Cost & Flexibility Raising Debt, Subdebt, or Equity Capital - Best Terms Available in Market Mergers & Acquisitions - Cost Effective, Veteran Support

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7968 Silver Jade | $550,000

5 Bedrm, 4 full baths, Resort Style Living! Deeded Boatslip, Screened Porch, Deck overlooking patio/pool. Private, fenced backyard. .61 acre lot.

K.C. Kercher

(919) 475-8025 kc.kercher@gmail.com

Syd Grant

(704) 307-7003 sgrant1@remax.net

Frances Dawson

(704) 701-7599 Frances@HOMESofLKN.com

Mooresville Office RE/MAX Mooresville: 121 Rolling Hill Rd, Mooresville, NC 28117 (704) 662-0095


Cornelius, Huntersville, Denver

229 Birdie Drive | $448,000

Lake Norman custom home featuring 4 Bedrooms with private baths and walk-in closets. 3 Car Garage and Fenced Yard.

117 Singleton Road| $214,900

Former Model home with all the bells and whistles with Dual Master Suites, hardwood floors, and Plantation Shutters throughout.

Kathy Merlo

(704) 650-6464 kathymerlo@remax.net

Angela Purvis

(704) 707-6632 angelapurvisrealtor@gmail.com

16548 Pender Point | $989,000

Sandy Reynolds

Over 300’ on the water beside the Peninsula, and no HOA! Absolutely Stunning!

(704) 634-5666 SandyRemax26@aol.com

168 Brownstone Drive | $1,099,000

Helen Reece

Stunning W/F Ranch, serene setting with water views from almost every room

(704) 929-2848 HelenReece47@gmail.com

Five Star Professional

8 Year Winner Luxury Collection Specialists

Strategic Pricing Specialist

Marie Conway

(704) 661-6555 homes@TheLakePeople.com

7815 Chapel Creek | $535,000

SailView Custom home - 5 Bdrms & 4 Baths, 3,800 sq feet. Master on Main. MLS #3325303

Frances Dawson

(704) 701-7599 Frances@HOMESofLKN.com

Cornelius Office RE/MAX Cornelius: 19600 W Catawba Ave, Ste B101, Cornelius, NC 28031 (704) 815-3200


Business Today

14 December 2017

On The Record

THIS MONTH TRANSACTIONS……………...14-16 FORECLOSURES……………........17 NEW CORPORATIONS……….......17

REAL ESTATE TRANSACTIONS These are recent property transactions recorded by the county Register of Deeds in Cabarrus, Iredell and Mecklenburg.

Cabarrus County 10/17/17 $290,000 Miguel Rivera & Betzaida Gonzalez to Brian & Heather Drum, 10918 River Oaks Dr., Concord 10/18/17 $258,000 NVR, Inc. to Jun Song & You Kang, 11941 Discovery Dr., Concord 10/18/17 $385,000 Thomas & Melissa Horn to Elizabeth Gaston, 2010 Dairy Farm Rd., Concord 10/18/17 $926,000 SAY 49, LLC to HFD RE LLC, Lots 1 – 16 of Harrisburg Heights Subdivision, Harrisburg 10/18/17 $450,000 Weekley Homes, LLC to Naveen & Parinitha Chitti, 10391 Ambercrest Ct., Huntersville 28078 10/18/17 $283,000 Virginia Watkins to Gary & Patricia Derosa, 10986 River Oaks Dr., Concord 10/18/17 $362,500 Stephen & Ellen Brown to Delroy & Jennifer Ross, 7539 Chasewater Dr., Harrisburg 10/18/17 $256,000 Phil & Tonya Clayton to Jonathan & Kylie Kopp, 1925 Oberhaus St., Mount Pleasant 10/19/17 $345,000 Laureldale, LLC to D.R. Horton, Inc., Lots 413 – 417 of The Villages @ Skybrook Subdivision, Concord 10/19/17 $304,000 Christopher & Janet Smith to Domenic & Immacolata Dadio, 123 Pointer Ct., Concord 10/19/17 $363,000 Lennar Carolinas, LLC to Ulrich & Eulogia Babsaay, 9972 Travertine Tr., Davidson 28036 10/19/17 $362,000 HB22, LLC to Arnold &

Jenette Alexander, 4538 Ideal Way, Harrisburg 10/19/17 $434,000 Judson & Kellie Spears to Kevin & April Norman, 98805 Vineyard Rd., Mount Pleasant 10/20/17 $310,000 Lennar Carolinas, LLC to Pavan Pratap & Swathi Aytha, 9937 Travertine Trail, Davidson 28036 10/20/17 $399,500 M/I Homes of Charlotte, LLC to Deepak Khetan & Priyanka Simgekar, 10508 Skipping Rock Ln., Concord 10/20/17 $329,000 Catherine Brown to Douglas Lepre, 11738 Crossroads Pl., Concord 10/20/17 $308,500 NVR, Inc. to Christopher & Colleen Jones, 11074 Discovery Dr., Concord 10/20/17 $305,000 Noelle Donovan to Jonathan & Jenny Wager, 7549 Long Valley Dr., Harrisburg 10/20/17 $254,500 NVR, Inc. to Sara Minerva, 11043 Discovery Dr., Concord 10/20/17 $315,000 Timothy & Shellene Castilaw to Jason & Elizabeth Cregg, 9543 Indian Beech Ave., Concord 10/20/17 $272,500 Bruce & Beth Arrigo to Mathew & Kelly Fitzwater, 5805 Montecello Dr., Concord 10/20/17 $370,000 Todd & Leah Cooper to James & Alisa McCulloch, 8801 Landsdowne Ave., Harrisburg 10/23/17 $325,000 Darlene Wells to Lederick & Joelyn Blackburn, 4827 Annelise Dr., Harrisburg 10/23/17 $1,550,000 Thomas & Deborah Logano to Timothy & Debra Marburger, Lot 17 of Arbor Oaks Subdivision, Concord 10/23/17 $309,500 NVR, Inc. to Linda Ruggiero, 11076 Discovery Dr., Concord 10/23/17 $405,000 M/I Homes of Charlotte, LLC to Venkatarao Adusumilli & Sreevani Ponugupati, 10517 Skipping Rock Ln., Concord 10/23/17 $350,000 John & Goldie Ball to Acnyts Family, LLC, 8870 Archer Rd., Concord 10/25/17 $425,000 Gregory & Kerry Bean to David & Danielle Stewart, 781 Barossa Valley Dr., Concord 10/25/17 $529,000 David & Allison Eddy to Gregory & Kerry Bean, 717 Barossa Valley Dr., Concord 10/25/17 $385,000 Michael McHale to

Robert & Jocelyn Smilie, 553 Dogwood St., Concord 10/25/17 $281,000 NVR, Inc. to Shane & Costella Hopper, 1745 Mill Creek Ln., Concord 10/26/17 $351,000 D.R. Horton, Inc. to Vishal Navale & Swapnalata Ligade, 11215 Smokethorn Dr., Concord 10/26/17 $255,000 John & Wanda Sloop to Lucas & Amanda Hoyle, 10397 Nugget Place Rd., Midland 10/26/17 $338,000 The Ryland Group, Inc. to Hari Krishna & Lakshmi Pulimi, 6981 Founders Way Dr., Harrisburg 10/26/17 $410,000 Robbin Rothgeb to Jason & Aileen Mackall, 15072 Northgreen Dr., Huntersville 28078 10/26/17 $295,000 William & Shanna Coles to Timothy & Michelle Davis, 9696 Ravenscroft Ln., Concord 10/26/17 $397,000 Bonterra Builders, LLC to James & Marquitta Earle, 10058 Dressage Ln., Midland 10/26/17 $351,000 NVR, Inc. to Prasad Challagundla & Kamakshi Penuballi, 1748 Mill Creek Ln., Concord 10/26/17 $351,000 D.R. Horton, Inc. to Vishal Navale & Swapnalata Ligade, 11215 Smokethorn Dr., Concord 10/27/17 $278,000 William & Regina Barnett to Kyle & Kelli Collins, 10135 Montrose Dr., Charlotte 28269 10/27/17 $382,000 Lennar Carolinas, LLC to Vicki Cason, 1976 Topaz Plaza, Davidson 28036 10/27/17 $292,000 Niblock Homes, LLC to Ronald & Betty Davis, 2361 Ashbourne Pl., Concord 10/27/17 $320,500 Eastwood Construction LLC to Gamiel Gamble, 4339 Falls Lake Dr., Concord 10/27/17 $326,500 NVR, Inc. to Robbin Rothgeb, 11070 Discovery Dr., Concord 10/27/17 $293,500 JOPO Peach Orchard, L.P., Ptnrp. to Timothy & Tabitha Paulin, 111478 Rising Star Ct., Charlotte 28215 10/27/17 $274,000 Robert & Bernadette Holyoke to Travis & Blair Montgomery, 4694 Pascal Ct., Concord 10/27/17 $341,500 Shareef & Jennifer Stimpson to Toi Meade, 2320 Elendil Ln., Charlotte 28269 10/27/17 $349,000 Patrick & Cathy Jones to Philip & Cynthia Thompson, 10984 Sunstone Dr., Davidson 28036 10/27/17 $294,000 NVR, Inc. to Vindal & Setonya Ogletree, 1829 Mill Creek Ln., Concord 10/27/17 $301,000 Eastwood Construction LLC to Todd & Shannon Fowler, 2656 Keady Mill Mill Loop, Kannapolis 10/27/17 $301,000 Century Communities SE, LLC to Melinda Barrett, 334 Pleasant Hill Dr., Concord 10/27/17 $480,000 Taylor Morrison of Carolinas, Inc. to Raymond & Adela Lowers, 2536 Red Maple Ln., Harrisburg 10/27/17 $310,500 Eastwood Construction, LLC to Gary & Michele McClure, 4817 Laymore Ln., Kannapolis 10/30/17 $310,000 Lennar Carolinas, LLC to

Taehoon Koo & Lanhee Kim, 2010 Limestone Ct., Davidson 28036 10/30/17 $275,000 Brian & Melissa Morehouse to AMH NC Properties, L.P., Ptnrp., 5359 Hackberry Ln., Concord 10/30/17 $331,500 Niblock Homes, LLC to Claudia Wilson, 2392 Ashbourne Pl., Concord 10/30/17 $263,000 SDH Charlotte, LLC to Shawna Scharritter & Alexander Melda, 3230 Keady Mill Loop, Kannapolis 10/30/17 $405,000 M/I Homes of Charlotte, LLC to Mohan Gopal & Rathina Bawthavachalam, 10512 Skipping Rock Ln., Concord 10/30/17 $441,000 M/I Homes of Charlotte, LLC to Dinesh & Sumita Singh, 1324 Sandy Bottom Dr., Concord 10/30/17 $365,000 Lennar Carolinas, LLC to Alexander & Veronika Galitsky, 9890 Travertine Trail Dr., Davidson 28036 10/30/17 $251,000 Stacie Paulson & Phongxay Senesombath to Kingsley & Chevernese Gooden, 3598 Cedar Springs Dr., Concord 10/30/17 $347,500 HB22, LLC to William & Virginia Woods, 325 Park Pl., Harrisburg 10/30/17 $309,000 Vinesh Korlakunta & Rohini Bogineni to Pavalli & Chandramohan Ishwadd, 4817 Annelise Dr., Harrisburg 10/30/17 $611,000 Niblock Homes, LLC to Brian & Virginia Gould, 650 Transit Ct., Concord 10/30/17 $472,000 Cheri Parker to Edward & Karey Brindle, 8838 Mauney Rd., Mount Pleasant 10/31/17 $280,000 William & Brenda Rose to Kevin & Ashley Dean, 2061 Solway Ln., Charlotte 28269 10/31/17 $255,500 Billy Scott to Paul & Donna Meyer, 8119 Buckingham Ln., Harrisburg 10/31/17 $350,000 Vernon & Nancy Brewer to John & Dorothy Kilgore, 6164 Village Dr., Concord 10/31/17 $360,000 Clyde & Ann McLeod to Joseph Fraundorfer & Gail Elwell., 1130 Matchstick Pl., Concord 10/31/17 $462,000 Carlo & Evelyn Parillo to Austin & Darlene Derogatis, 9359 Leyton Dr., Harrisburg 10/31/17 $270,000 Michael & Tracie Morse to Jay & Phyllis Ginder, 1504 Ians Turn, Kannapolis 10/31/17 $262,500 Eastwood Construction LLC to Darryl Thompson, 1315 Soothing Ct., Concord 10/31/17 $401,500 Lennar Carolinas, LLC to William & Colleen Willis, 1990 Smokey Quartz Rd., Davidson 28036 10/31/17 $1,025,000 JC Blacker Properties, LLC to JCJ Development, LLC, Unit No. 30, Northgate Commons Condominiums, Concord 10/31/17 $350,000 Alan & Amy Readling to Michael & Tracie Morse, 805 Waverly Ct., Concord

More Cabarrus Transactions online at www.BusinessTodayNC.com


Business Today

December 2017

15

On The Record

Mecklenburg County 10/23/17 $431,000 Epcon Nantz Road LLC to Amy Hutchinson, 16219 Lakeside Loop Ln., Cornelius 10/23/17 $450,000 National Transfer Services to Scott & Shay Clark, 11708 Morgan Horse Trl., Huntersville 10/23/17 $450,000 Chad & Sarah Blanton to National Transfer Services, 11708 Morgan Horse Trl., Huntersville 10/23/17 $409,000 Richard & Dorothy Welsh to James & Tracey Abruzzini, 12631 Longstock Ct., Huntersville 10/24/17 $271,500 Brian & Shannon Zaph to AMH NC Properties, 15016 Almondell Dr., Huntersville 10/24/17 $425,000 Dan & Patricia Land to Lydia Parrish, 16018 Stonemont Rd., Huntersville 10/24/17 $415,000 Taylor Morrison of Carolinas to Nastasha & Eric Getway, 8659 Shadetree St., Huntersville 10/25/17 $271,000 Pulte Home Co. to Socrates & Fatimarie Tatunay, 12812 Stella Belle Dr., Huntersville 10/25/17 $315,000 Joseph & Holly Davis to Brian & Shannon Zaph, 12605 Kemerton Ln., Huntersville 10/25/17 $315,000 Robyn Brodsky to Reyhan Kose, 9810 Skybluff Cir., Huntersville 10/25/17 $481,000 Robert Ransom & Susan Barnhill to Michael & Donna Gruber, 19102 Glouster Ct., Cornelius 10/26/17 $397,000 Kevin & Crystal Parrish to Norbert & Evelyn Wilson, 11829 Ulsten Ln., Huntersville 10/26/17 $452,000 South Creek Homes to John & Judy Shedden, 11504 Dublin Crescent Rd., Cornelius 10/27/17 $358,000 Michael & Anne Feldman to Michael & Christena Lassonde, 8538 Camberly Rd., Huntersville 10/27/17 $389,000 Epcon Nantz Road LLC to Anita Smith, 16104 Lakeside Loop Ln., Cornelius 10/27/17 $415,000 Epcon Huntersville LLC to Thomas & Mary Ann Taylor, 8109 Parknoll Dr., Huntersville 10/27/17 $386,500 Epcon Huntersville LLC to Mark & Mardi Longley, 8023 Parknoll Dr., Huntersville 10/27/17 $209,000 Bryan Foy & Jamie Perdue to Carrie Young, 9412 Glenashley Dr., Cornelius 10/30/17 $407,000 William & Angela Ivey to Douglas & Mariela Noto, 11236 Canoe Cove Ln., Huntersville 10/30/17 $335,000 Tanya & James D’Amico to Walter & Angela Buckman, 6909 Church Wood Ln., Huntersville 10/30/17 $589,000 Bryan & Meredith Emery to Rico Tyson, 9943 Coley Dr., Huntersville 10/30/17 $373,000 Heather & Derek Davis to Louis Dipietro & Katherine Welsh, 21400 John Pines Dr., Cornelius 10/30/17 $408,000 Taylor Morrison of Carolinas to Gina & Leonard Short, 9524 Hightower Oak St., Huntersville 10/30/17 $310,000 Pulte Home Co. to Andrea Lyons, 12822 Stella Belle Dr., Huntersville

10/31/17 $270,000 Karl & Janet Joreid to AMH NC Properties, 16029 Hollingbourne Rd., Hutnersville 10/31/17 $390,000 Chessman Homes to Daryl Moore, 18715 Bartlette Creek Dr., Davidson 10/31/17 $775,000 JKH Properties to Palillo Holdings, Lot 4 North 77 Business Park, Huntersville 10/31/17 $440,000 Donald & Ann Whipp to Jeremy Parrott, 19743 Valiant Way, Cornelius 10/31/17 $335,000 Pulte Home Co. to Edward & Andrea Bishop, 12629 Heritage Vista Dr., Huntersville 10/31/17 $302,000 JCB Urban Co. to Shawn & Xuan Lockamy, 14021 Old Vermillion Dr,. Huntersville 10/31/17 $409,000 Thomas & Patricia Lackey to Michael Tibbetts, 18726 Nautical Dr. Unit 104, Cornelius 10/31/17 $304,500 Brian McNitt to Patrick & Kelly Mixon, 166546 Knox Run Rd., Huntersville 10/31/17 $357,000 South Creek Homes to Suzanne Gazzaway, 17725 Morehampton Ave., Cornelius 10/31/17 $70,000 Bluestream Partbers to South Creek Homes, Lot 312 Bailey’s Glen, Cornelius 10/31/17 $374,000 Pulte Home Co. to John & Theresa Purr, 15230 Liberty Ridge Ln., Huntersville 11/1/17 $274,000 Franklin & Sandra Sharpe to Jason Bingham, 725 Naramore St., Davidson 11/1/17 $353,000 Epcon Nantz Road LLC to Antonio Aiello & Colette Knox, 16107 Lakeside Loop Ln., Cornelius 11/1/17 $540,000 Christian & Susan Olsen to Gran & Jill Adams, 7309 Swansea Ln., Cornelius 11/1/17 $1,925,000 Michael & Lynda Rasmussen to Ronald & Sharon McAfee, 18410 Balmore Pines Ln., Cornelius 11/1/17 $407,000 Epcon Nantz Road LLC to Richard & Vicki Ratliff, 16111 Lakeside Loop Ln., Cornelius 11/2/17 $262,000 Ryan & Roxanne Castle to AMH NC Properties, 18729 Ruffner Dr., Cornelius 11/2/17 $555,000 Tower Residential Construction to Richard Enderby, 744 Amalfi Dr., Davidson 11/2/17 $733,000 Jason & Julianne Colvin to Michael & Meredyth Holdenrid, 19641 Meta Rd., Cornelius 11/2/17 $270,000 Steve Bradley to Richard Christy, 14016 Helen Benson Blvd., Davidson 11/2/17 $256,000 Keith & Jennifer Knag to Joseph & Shiekia Broussard, 8718 Westmoreland Lake Dr., Cornelius 11/2/17 $305,000 Nagina Minhas to Joseph Gallaher Jr., 1418 Tooley St., Huntersville 11/6/17 $282,000 Sharon Sells to Inge Diamond, 18849 Cloverstone Cir., Cornelius 11/6/17 $335,000 Cynthia Smith to Mark Thomas Owen Parish & Rachel Murray, 15925 Trenton Place Rd., Huntersville 11/6/17 $620,000 Charles & Donna Aird to Donald Brown, 18518 Square Sail Rd., Cornelius

11/6/17 $565,000 Arthur & Carol Kostaras to Bruce & Sally McMillen, 450 O’Henry Ave., Davidson 11/6/17 $266,000 Julie Smith to Ricky & Kaitlin Burke, 20024 Beard St., Cornelius 11/6/17 $299,000 David & Linda Sterka to Ryan & Roxanne Castle, 19516 Coachman’s Trace, Cornelius 11/6/17 $340,000 Rinaldo Condo & Renee Daigneault to AMH NC Properties, 17539 Harbor Walk Dr., Cornelius 11/7/17 $369,500 Brad & Pamela Mulvhill to Jon & Julie Scarmecchia, 18055 Northport Dr., Cornelius 11/8/17 $370,500 South Creek Homes to Stephanie Poillon, 11520 Dublin Crescent, Cornelius 11/8/17 $310,000 Lena Turbeville to Douglas Moreton, 18723 Coachman’s Trace, Cornelius 11/8/17 $350,000 Frederick & Diane Heck to Jill & William Smith, Unit 11 Villas at Harborside Condominium, Cornelius 11/8/17 $287,000 Greg & Susan Hero, Andreas Hero, Nicole Hero to IH6 Property North Carolina, 1412 South St., Cornelius 11/8/17 $342,000 Archie & Connie Clinger to Mary Elizabeth Apostolacus, 13410 Hazelbrook Ln., Cornelius 11/9/17 $309,500 James & Frances Bateman to Wendy Wolf & Neil Neuschatz, 9826 Willow Leaf Ln., Cornelius 11/9/17 $2,400,000 Paul & Jennifer Menard to Richard & Sheila Brown, 18432 Harbor

Light Blvd., Cornelius 11/9/17 $367,500 Ralph & Pamela Garcia to Christopher & Angela Watson, 1034 South St., Cornelius 11/13/17 $268,000 River Run LTD Partnership to Sudhir & Neelima Sharma, 16532 Reinsch Dr., Davidson 11/13/17 $367,500 Patrick & Joyce Szewcyzk to Elizabeth Farro & Christopher Richardson, 15933 Prestwoods Ln., Huntersville 11/13/17 $300,000 Louis & Diane Pagliaro to Linda Hughes, 18840 Nautical Dr. Unit 56, Cornelius 11/13/17 $297,000 Larry & Toni-Anne Stoltz to Robert Flynn III & Shannon McBride, 15324 Abbey House Ln., Huntersville 11/14/17 $313,0000 Arthur & Kimberly Elliott to Christopher & Michelle Davis, 7909 Bridgegate Dr., Huntersville 11/14/17 $443,000 Taylor Morrison of Carolinas to Shirley Pearson, 8515 Shadetree St., Huntersville 11/14/17 $280,000 Jennifer & William Joyce III to Patricio & Melanie Herrera, Lot 214 Summers Walk, Davidson 11/16/17 $510,500 Taylor Morrison of Carolinas to Jameson & Jackleen Govoni, 8702 Shadetree St., Huntersville

More Mecklenburg Transactions online at www.BusinessTodayNC.com Continued on page 16

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Business Today

16 December 2017

On The Record Continued from page 15

Mooresville 10/23/17 $325,000 William & Denise Bond to Bradley Kenny & Michelle Thomas, 179 Huntington Ln. 28117 10/23/17 $259,000 Angela Reckley to Geraldine Hunter, 17635 Trolley Crossing Way, Cornelius 28031 10/23/17 $303,000 Steven & Susan Paul to Madison & Susan Cloninger, 152 Longboat Rd. 28117 10/23/17 $460,000 Michael & Christina Kaszuba to Deann & Michael Champagne, 106 Huntfield Way 28117 10/23/17 $495,000 Joseph Rempson to Matthew & Victoria Rose, 124 Grove Creek Ln. 28117 10/23/17 $420,000 Emily & William Byrne to Steven & Susan Paul, 130 Red Brook Ln. 28117 10/24/17 $2,230,000 Paresh & Manisha Patel to Charles & Lisa Sawickl, 108 Whaling Ln. 28117 10/24/17 $380,000 Peter Philo to Kenneth & Sue Smith, 359 Canvasback Rd. 28117 10/25/17 $610,000 Darla Sane & Shaun Presser to Frank & Gay Baldasare, 107 Knox Haven Ln. 28117 10/25/17 $275,000 RPM of Lake Norman to Mickey & Xochil Kealy, 147 Double Eagle Dr. 28117 10/25/17 $368,500 Kevin & Heather West to Michael & Kara Coulter, 136 Esquire Ln. 28117 10/25/17 $335,000 David & Mary Dechene to Holly A. Davis, 120 Southhaven Dr. 28117 10/25/17 $277,500 Dena Alleman to Edward & Kelly Pfleuger, 316 Whippoorwill Rd. 28117 10/26/17 $322,000 Taylor Morrison of Carolina to Michael McCloskey & Alexandra Crimi, 109 Torridge Ave. 28115 10/26/17 $264,500 Lennar Carolinas to Robert & Donna Sada, 132 Sequoia St. 28117 10/26/17 $275,000 Lennar Carolinas to Jay Ray & Abhilasha Joshi, 115 Sequoia St. 28117 10/27/17 $258,000 Charles Richard Dickey to Andrew & Jacqueline McGrath, 110 Water Ash Ct. 28115 10/27/17 $426,000 Todd & Jessica Zaninelli to Brenton & Patricia Achee, 350 Montibello Dr. 28117 10/27/17 $260,000 Eastwood Construction to Gina Layug & Michael Wagner, 107 Beam Dr. 28115 10/27/17 $312,500 Michael & Allison Ahrens to Gregory & Aprilia Kuhn, 216 Laurel Glen Dr. 28115 10/27/17 $365,000 Diane Skinder & Fredrick Avezzano to Timothy & Julie Harris, 324 Blume Rd. 28117 10/27/17 $400,000 Taylor Morrison of the Carolinas to Michael & Karen Lungarini, 161 Welcombe St. 28115 10/27/17 $540,000 Heidi & William Kelley to David & Mary Dechene, 114 Henry Ln. 28117 10/27/17 $287,000 Lennar Carolinas to Jayanthi Marneni & Sridevi Muvva, 135 Sequoia St. 28117

10/27/17 $560,000 Kevin & Janelle Newell to Daniel & Susan Enerson, 143 Dobbin Ln. 28117 10/27/17 $325,000 Tony & Laura Jordan to Peter & Donna Carpentier, 134 Folkstone Rd. 28117 10/30/17 $600,000 Meritage Homes of the Carolinas to Bradley & Cindy Larson, 329 South San Agustin Dr. 28117 10/30/17 $1,075,000 Donald & Barbara Sherrill to David & Rhea White, 288 Tennessee Cir. 28117 10/30/17 $389,000 Meritage Homes of the Carolinas to William & Margo Derry, 138 Campanile Dr. 28117Sol 10/30/17 $422,000 Essex Homes Southeast to Danielle & Christopher McCoy, 160 Shinnville Ridge Ln. 28115 10/30/17 $348,000 Pulte Home Company to Arnold & Edwina Caldwell, 147 Farmers Folly Dr. 28117 10/30/17 $329,000 D.R. Horton to Elena & Drew Solomonides, 113 Hanks Bluff Dr. 28117 10/30/17 $384,500 Taylor Morrison of Carolinas to David & Hailey Logan, 163 Welcombe St. 28115 10/30/17 $315,000 Paul D. Monroe to Gregory & Jean Hills, 816 Big Indian Loop 28117 10/30/17 $397,000 True Homes to Lakshman & Rama Manem, 117 Farm Knoll Way 28117 10/30/17 $275,000 John & Mitzi Costello to William & Kelly Allen, 217 River Birch Cir. 28115 10/30/17 $412,000 Meritage Homes of the Carolinas to Michael & Janet O’Grady, 148 Campnile Dr. 28117 10/30/17 $725,000 Michael B. Watson to Garry & Kevin Murphree, 150 Wild Iris Rd. 28117 10/30/17 $860,000 Billy & Glenda Hess to CMI Property Holdings, 143 English Ivy Ln. 28117 10/30/17 $359,000 Mary & Michael Nifong to Sean & Mimi Gallagher, 181 W. Statesville Ave. 28115 10/30/17 $290,000 CalAtlantic Group to James & Rachelle Gano, 213 Paradise Hills Cir. 28115 10/31/17 $925,000 Robin Lee Curci to Daniel & Gina Cassinelli, 119 Willow Bend Ct. 28117 10/31/17 $320,000 Henry Dana & Marie Southworth to William & Carrie Davis, 121 Harborcrest Ln. 28117 10/31/17 $667,500 Richard & Melissa Heinrich to Kevin & Linda Fox, 129 Alder Springs Ln. 28117 10/31/17 $269,000 M/I Homes of Charlotte to Robert & Amanda Nguyen, 119 Willow Valley Dr. 28115 10/31/17 $324,000 D.R. Horton to Barbara Haggart & Jennifer Sibole, 111 Hank Bluff Dr. 28117 10/31/17 $257,000 M/I Homes of Charlotte to Sharon H. Weaver, 113 Willow Valley Dr. 28115 10/31/17 $265,000 Bonnie & Neil Myers to Mark & Sheryl Lewis, 145 Surfside Ln. 28117 11/1/17 $280,000 CalAtlantic Group to Da-

vid & Zena Dail, 121 Paradise Hills Cir. 28115 11/1/17 $303,500 Live Well Homes to CSHP One LP, 167 Sassafras Rd. 28115 11/1/17 $303,500 Live Well Homes to CSHP One LP, 171 Sassafras Rd. 28115 11/1/17 $311,000 Live Well Homes to CSHP One LP, 179 Sassafras Rd. 28115 11/1/17 $812,000 Michael J. Cole to John & Cynthia Briesch, 135 Patience Place Ln. 28117 11/1/17 $303,500 Live Well Homes to CSHP One LP, 175 Sassafras Rd. 28115 11/1/17 $272,000 NVR to Eric & Genevieve Barber, 145 Stibbs Cross Rd. 28115 11/1/17 $550,000 Marion & Jewell Welborn to Harry C. Spell, 241 Kenway Loop 28117 11/1/17 $281,000 Essex Home Southeast to Matthew & Trisha Greene, 105 Clear Springs Rd. 28115 11/2/17 $285,000 Kenneth & April Monroe to Steven & Teresa Bradford, 1112 Wellshire St. 28115 11/3/17 $255,500 Zhu Yang & Shui Wang to Barbara Hupman, 134 Riding Trl. 28117 11/3/17 $274,000 NVR to Rudy & Nataly Ostermann, 147 Stibbs Cross Rd. 28115 11/3/17 $409,000 Bonanza Development Company to Ronald J. Bellengi, 103 E. Vista View Pl. 28117 11/3/17 $435,000 2014-3 IH Borrower LP to Rick & Patricia Hicks, 186 Digh Cir. 28117 11/3/17 $4,450,000 Bertolami Family Limited Partnership to 6K Properties, 215 W. Plaza Dr. 28115 11/6/17 $1,137,000 NRI Relocation to Amy & Scott DeLoach, 121 Chesterwood Ct. 28117 11/7/17 $450,000 Tina & Carl Brinkley to Philip & Debra Sahley, 198 Kenway Loop 28117 11/7/17 $278,000 Brian & Kirstie Green to Jeanne Sachs, 146 S. Cromwell Dr. 28115 11/7/17 $600,000 William & Tamara Weiss to Sumter Investments, 236 Raceway Dr. 28117 11/7/17 $973,000 Nest Homes to William & Tamara Weiss, 118 Sisters Cove Ct. 28117 11/7/17 $252,000 Randy & Megan Hint to Tamara & Xenophon Williams, 162 Wellshire St. 28115 11/8/17 $655,000 Justin & Susan Zimmerman to Mark & Lisa Thompkins, 177 Walking Horse Trl., Davidson 11/8/17 $396,000 Taylor Morrison of Carolinas to John & Pamela Domiano, 108 Heron Cove Loop 28117 11/8/17 $273,000 Joseph & Barbara Defeo to Robert & Jennie O’Hara, 119 Fontanelle Dr. 28115 11/8/17 $570,000 IQ Custom Construction to Scot David Gelinas, 226 Barber Loop 28117 11/8/17 $275,000 Thomas & Angela Rocchio to Kevin Tarpey, 128 & 130 Double Eagle Dr. 28117 11/9/17 $670,000 OHMS Properties to Natalie Deyenson, 270 Kemp Rd. 28117

More Mooresville Transactions online at www.BusinessTodayNC.com


Business Today

December 2017

17

On The Record

FORECLOSURES

Mooresville

Foreclosure actions have been started on the following properties. Items show the date foreclosure documents became public, owners, property address, lien holder, lien amount. After required notices are published, the property is sent to auction. The property then can be sold, not sold (examples: bankruptcy files or action dismissed without prejudice) or the sale postponed.

10/23/17 Jay & Amanda Godfrey, 149 Driftwood Dr. 28117, WR Starkey Mortgage $106,217 10/23/17 Jeremy & Rebecca Ware, 144 Oakhurst Dr. 28115, Allen Mortgage $148,392 11/13/17 Clinton D. Whitley, 374 Brook Glen Dr. 28115, Local Government Federal Credit Union $202,000

Cabarrus County

NEW CORPORATIONS

10/02/17 Gary & Tamra Measimer, 3888 Poplar Tent Rd., Concord, State Employees Credit Union, $60,000 10/06/17 Vicki Conn, 8568 Cabot Ct., Harrisburg, Cenlar FSB, $213,750 10/06/17 Brett & Amber Owens, 307 Cadillac St., Kannapolis, Loan Depot, $94,751 10/13/17 Mike & Cynthia Hinson, 1151 Randal Ct., Concord, Bank of New York Mellon, $64,600 10/16/17 Cory & Amanda Hendrix, 713 Nannyberry Ln., Concord, Carrington Mortgage Services, $203,801 10/16/17 John & Donna Kluttz, 4847 Chadwick Dr., Concord, Federal National Mortgage Assoc., $114,525 10/19/17 Enrique Guilbe & 509 Martin Cr., Concord, U.S. Bank.National Assoc., $92,000 10/18/17 TonyTaylor, 1304 Lowrance Ave., Kannapolis, U.S. Bank, $79,000 10/20/17 Jerry & Kristine Holt, 9442 Coast Laurel Ave., Concord, Lakeview Loan Servicing, $260,200 10/24/17 Gaetano & Tonya. Turano, 4689 Falcon Chase Dr., Concord, JP Morgan Chase Bank, $111,125 10/25/17 Charles Lilly Trust, 156 Princess Ave., Concord, One Reverse Mortgage, $45,000 10/25/17 Felicia Wilson, 6140 Gordon Ln., Harrisburg, Ditech Financial, $162,700 10/25/17 Wilma Smith, 6314 Miller Rd., Kannapolis, Envoy Mortgage, $115,200 10/27/17 Adam & Rachel Lee, 3697 Old Airport Rd., Concord, Mid America Mortgage, Inc., $157,502 10/27/17 Richard Williamson, 543 Homer St., Concord, Bayview Loan Servicing, $46,787

More Cabarrus Foreclosures online at www.BusinessTodayNC.com

Mecklenburg County 11/7/17 Billy Mills & Jillian Ventrello, 10205 Vixen Ln., Huntersville, Countrywide Home Loans $550,000 11/14/17 Lee & Tonya Hamilton, 8210 Coristar Pl., Huntersville, First Financial Services $146,800

More Mecklenburg Foreclosures online at www.BusinessTodayNC.com

More Mooresville Foreclosures online at www.BusinessTodayNC.com

These businesses have registered with the N.C. Secretary of State.

Cabarrus County 10/23/17 Kenna LLC, Kenneth A. Diblasi, 350 George W. Liles Pkwy. NW, Concord 10/23/17 La Bonne Vie LLC, Linda La, 9916 Violet Cannon Dr. NW, Concord 10/23/17 Mike’s Deli and Bagels Inc., Michael Mishkin, 5303 Poplar Tent Rd., Ste. 110, Concord 10/23/17 Optima Partnering Associates LLC, Traci A. Locke, 3954 Morris Burn Dr. SW, Concord 10/23/17 Sychar Investments LLC, Heather Littrell, 2679 Jameson Dr., Concord 10/24/17 Lichtenberger Land Holding LLC, Jon-Michael Devine, 8410 Pit Stop Ct. NW, Ste. 151, Concord 10/25/17 34 Rollingwood LLC, Douglas Donia, 1032 Hearth Ln. SW, Concord 10/25/17 Home Elements LLC, Stephanie L. Cooper, 5620 Concord Pkwy., Ste. 103, Concord 10/25/17 JC Building LLC, Juan Garcia Cruz, 772 Nannyberry Ln., Concord 10/25/17 OHTACOM LLC, Maxwell Ofori, 1425 Overlea Pl. NW, Concord 10/25/17 Palatine Parcels LLC, Erin A. Gary, 162 Georgia St. SW, Concord 10/26/17 Statesville Allergy Building LLC, Jon-Michael Devine, 8410 Pit Stop Ct. NW, Ste. 151, Concord 10/27/17 Little Truck Solutions Inc., David T. Harrison, 86 Church St. NE, Concord 10/27/17 Mind, Body, Energy Centers LLC, Joni D. Ryan, 1331 Watson Mills St. NW, Concord 10/30/17 AYA House Inc., Alexander Porter, 17 Georgia St. SW, Concord 10/30/17 Dogwood Kustoms LLC, Allen Hightower, 2510 Eva Dr. NW, Concord 10/30/17 Fortius Capital Partners LLC, Harris Morrison, 363 Church St. N, Ste. 240, Concord 10/30/17 Jones Home Buyers USA LLC, Lisa Jones, 349 L Copperfield Blvd., Box #420, Concord 10/30/17 North Carolina Default Services LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S, Ste. 103, Concord 10/30/17 Sorghum LLC, Stephanie L. Cooper,

5620 Concord Pkwy. S, Ste. 103, Concord 10/31/17 Global Hand in Hand Properties LLC, Michelle Wilson, 263 Perennial Dr. NW, Concord

More Cabarrus New Corporations online at www.BusinessTodayNC.com

Mecklenburg County 10/23/17 Tymeless Photographie Inc., Thibisay Deyanira Lugo, 421 Hamilton St., Davidson 10/24/17 Dan Jones LLC, Daniel Jones, 8117 Antigua Rd., Huntersville 10/24/17 Icarus Holdings 1 LLC, Robert B. Newkirk III, 19810 W. Catawba Ave., Ste. E, Cornelius 10/24/17 Jessica Higgins Jones Fine Art LLC, Jessica Jones, 9715 Northdowns Ln., Huntersville 10/24/17 See me Photo Booths LLC, David Kazinec, 14910 Rosemary Way Dr., Huntersville 10/25/17 AIS Real Estate LLC, Michael F. Tolbert, 19721 Bethel Church Rd., Cornelius 10/25/17 Chacin Group LLC, Harid J. Chacin, 20305 Sterling Bay Ln., Apt. J, Cornelius 10/25/17 Grace & Stone Communications LLC, United States Corporation Agents, 19825 B North Cove Rd., Cornelius 10/25/17 NC Indrio Vacations LLC, Richard J. Kline, 215 S. Main St., Ste. 301, Davidson 10/25/17 The Pile Holdings Group LLC, Christine Hull, 126 Anniston Way, Davidson 10/25/17 Precise Brokerage LLC, Daniel McLawhorn, 13428 Bryton Gap Blvd., #01207, Huntersville 10/25/17 QT Products & Services LLC, Timothy Scott Nichols, 15808 Stonemont Rd., Huntersville 10/26/17 Balsam Holdings LLC, Watson Commercial Development, 568 Jetton St., Ste. 200, Davidson 10/26/17 head2toe physical therapy LLC, United States Corporation Agents, 13506 Bryton Gap Blvd., Apt. 16305, Huntersville 10/26/17 Homestead Lodge at Eagles Nest LLC, Todd Bowland, 16029 Glen Miro Dr., Huntersville 10/26/17 MadElf Productions LLC, Mark Durstewitz, 126 Anniston Way, Davidson 10/26/17 Maids to the Rescue Cleaning Services LLC, La’Tina Ingels, 400 Gilead Rd., #841, Huntersville 10/26/17 Rampro Construction LLC, Mordekhav Cudykler, 19909 Henderson Rd., Unit J, Cornelius 10/26/17 Speech Therapy Zone PLLC, Roshonda Nicole Epps, 8150 Bridgegate Dr., Huntersville 10/27/17 Cooper Group Properties LLC, G Lee Cooper Jr., 20400 Shearer Rd., Davidson 10/27/17 Crs of the Carolinas LLC, Luis Mario Machado, 13648 Alston Forest Dr., Huntersville 10/27/17 Eric S. Krone CPA PLLC, Eric S. Krone, 11330 Vanstory Dr., Ste. 107E, Huntersville

10/27/17 Jarhead Land LLC, Matthew M. McGee, 18855 Vineyard Point Ln., Cornelius 10/27/17 Vision in Sight LLC, Merribeth Butler, 16919 Pennington Dr., Huntersville 10/30/17 DDSC Inc., Brett Portaro, 19801 Bustle Rd., Cornelius 10/30/17 Faith Solar LLC, Bradley Fite, 14327 Lyon Hill Ln., Huntersville 10/30/17 Shover Imports LLC, Wayne Bennett, 20236 Middletown Rd., Cornelius 10/31/17 Allstar Locating LLC, Todd Sax, 137 Ohenry Ave., Davidson 10/31/17 Girls’ Space, Elizabeth E. Morse, 4224 Amwell Dr., Huntersville 10/31/17 God’s Precious Diamonds Inc., Tammy Allen, 9349 Portage Dr., Unit 103, Cornelius 10/31/17 McCahan Realty LLC, Dan McCahan, 13016 Eastfield Rd., Ste. 200-263, Huntersville 10/31/17 Moonrise Distillery Inc., Robert Ageenko, 17512 Sail View Dr., Cornelius 10/31/17 Mountains and Maritime LLC, Dale Townsend, 18593 Vineyard Point Ln., Cornelius 10/31/17 Shaffner Rocks Cleveland Corp., Traci Swenson, 21229 Pine St., Cornelius

More Mecklenburg New Corporations online at www.BusinessTodayNC.com

Mooresville 10/23/17 Compliant Construction Group LLC, Kevin Cole, 516-D River Hwy., #123 28117 10/23/17 Fast Lane Condominium Association Inc., Willis Spivey, 128 Fast Ln. 28117 10/23/17 SKSM Inc., Snimar Grewal, 107 Bantam Pl. 28117 10/23/17 Twisted Fork Catering LLC, Danielle Agnew, 119 Gilden Way 28115 10/24/17 Bond Distribution LLC, Suzanne Bond-Phetterplace, 146 Market Place Ave. 28117 10/24/17 Moonlight Hood Cleaner LLC, Timothy Luffman, 189 Springtime Ln. 28115 10/24/17 Planet Earth Recycling LLC, Daniel Saulnier, 156 Shavender Dr. 28117 10/24/17 Wolfe Underline Design LLC, Marcus Wolfe, 184 Laurel Glen Dr. 28115 10/25/17 Duck’s Painting LLC, Pascual Gonzalez-Solis, 127 Woodwinds Dr. 28115 10/25/17 LKN Enterprises LLC, Brian L. Thompson, 144 Mariner Pointe Ln. 28117 10/25/17 TammyK LLC, Tammy Knowles, 147 Shelbourne Pl. 28117 10/25/17 ZeroFued LLC, Richard Wayne Breeden Jr., 503 Performance Rd. 28115 10/26/17 Glo-Up Sunless LLC, Diane Hall, 136 Meandering Way Ln. 28117

More Mooresville New Corporations online at www.BusinessTodayNC.com


Business Today

18 December 2017

Toll lane advisors

from page 1

be comprised of 11 members, with representatives from Huntersville, Cornelius, Davidson and Mooresville; Mecklenburg and Iredell counties; the chambers of commerce for Charlotte, Lake Norman, Huntersville and Mooresville-South Iredell and the City of Charlotte. “Debacle” is putting it mildly. The convoluted, 900-page Cintra contract—which imposes toll lanes on I-77 between Charlotte and Mooresville for the next 50 years—brought down Gov. Pat McCrory in the general election last year. It also brought down Huntersville Mayor Jill Swain the year before. But in a bizarre twist that only state government is capable of, Swain herself is apparently on the advisory board— simply because she launched her own anti-chamber, the Huntersville Chamber of Commerce, soon after losing the election to Aneralla, a staunchly anti-toll candidate who soundly defeated Swain two years ago. Of course, the Lake Norman Chamber has been part of the anti-toll movement, so having Swain on the advisory board is like having McCrory on it.

ANERALLA

HETTWER

NAAS

TARTE

MCCRORY

SWAIN

PUCKETT

COOPER

Former Lake Norman Chamber Chairman John Hettwer will be the chamber’s representative on the advisory board. Newly elected Cornelius town board member Kurt Naas, leader of the Widen I-77 group, described the advisory board as “a hopeful sign but much of the committee’s impact will depend on the format and the com-

mittee members.” The DOT wants the members named by Dec. 4, a speedy timetable for a bureaucracy which has been better known over the years for dragging its collective body parts. N.C. Sen. Jeff Tarte said that the advisory group will stay in place indefinitely or until the group is either not needed or no longer effective. “State

Legislators will not be part of this group. However, local elected officials may be members,” Tarte added. Mecklenburg County Commissioner Jim Puckett suggested the idea to create such a group after meeting with Gov. Roy Cooper. “He and Secretary Trogdon would never have gotten into this and they would like to find a good way out of it,” Puckett said. Puckett will serve on the board as an at-large member. Trogdon’s letter says “extensive public engagement is critical to community success.” One of the options under consideration will be the “complete and delete” option backed by many Lake Norman toll-lane opponents. In that scenario, the contractor, I-77 Mobility Partners, will complete the construction of the toll lanes from Charlotte to Mooresville. Thereafter, the state would buy out Cintra and take over the project. It’s unclear whether all the new traffic lanes would be converted into free, general-purpose lanes under this option, but in any event it would be expensive.

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Business Today

December 2017

19


Business Today

20 December 2017

Airports

from page 1

the airport’s active runway which is a STATESVILLE REGIONAL AIRPORT (KSVH) safety issue, Ferguson said. CORPORATE APRON DEVELOPMENT - CONCEPT 6 This new taxiway will eliminate MARCH 2016 these active runway crossings, Ferguson said. “There’s not really a hard deadline so we expect completion by the fall of 2018,” said Ferguson. In 2018, Concord Regional will begin a runway strengthening project to add three inches of asphalt to accom- VANDERLEEST modate the larger and heavier planes that frequent the airport, said Dirk B. Vanderleest, aviation director for the city of PREPARED BY: Concord. The strengthening project will stabilize and extend city of Statesville, Vanderleest officials have said. Once catering to team-owned, prithe life of the 7,500 foot-long said. FERGUSON and 100-foot wide runway, The runway strengthen- vate charter flights serving the motor Vanderleest said. ing project comes at the heels of the sports industry and other local corpoThe project is tentatively set to begin completion of Concord Regional’s rations, when Concord Regional startApril 1, 2018 and could take up to 45 new passenger terminal complex and ed service with Allegiant Air in 2013, days with construction crews working 700-space parking garage that opened it drastically increased the number of from 11 p.m. - 5 a.m., Vanderleest said. in September 2016, a direct result of airport passengers, Vanderleest said. “It’s all Allegiant,” Vanderleest said. Most of the $7.5 million project cost the airport’s gaining popularity as an will be covered by federal and state alternative to the sprawling Charlotte “That’s the bottom line.” Low-fare carrier Allegiant Air is the funding with the rest coming from the Douglas International Airport, airport only airline operating from Concord Regional. The number of annual Allegiant flight departures from Concord Regional has steadily increased from just four flights to Orlando, Florida in 2013 to 520 flights to four cities in Florida and New Orleans, Louisiana in 2016, said Vanderleest. Through October 2017, 685 Allegiant flights have departed Concord Regional, said Vanderleest. “Exponentially, we have grown pretty significantly the last three years or so,” Vanderleest said. Statesville Regional, which houses Lowe’s Corporate Aviation Facility’s three jets and a helicopter, has seen the number of private charter company planes utilizing the airport increase in less than two years, said Ferguson. Champion Air and Victory Air both transport NASCAR pit crews to races all over the country and local university sports teams to games, said Ferguson. Victory Air came to Statesville Regional with two jets just 18 months ago and now the company has increased its fleet to nine 50-passenger jets with a tenth jet arriving before the end of the year, Ferguson said. COLLIER PROPERTY LINE

POSSIBLE WETLANDS AND STREAM

RIGHT OF WAY (TO BE DONATED) COLLIER ROAD

FLEETWOOD ROAD EXTENSION

400

EXISTING AIRPORT PROPERTY

200

100

0

100

200

400

Champion Air has three 50-passenger jets. “We’ll have 13, 50-passenger jets operating this coming February when the Daytona 500 starts,” Ferguson said. In 2016, Champion Air and Victory Air totaled 16,300 private charter passengers. That’s a “significant” increase from 2015 but Ferguson said he did not have the total passenger numbers at hand for two years ago. Passenger numbers for 2017 are not yet available but Ferguson said he expects the passenger totals to increase due to the addition of more private charter jets at the airport. Both Vanderleest and Ferguson said Concord and Statesville city officials are in full support of the airports’ efforts to expand and become gateways to the Charlotte metro area. “We feel we have a niche market here we can grow,” said Vanderleest. As part of Statesville Regional’s taxiway construction project, the airport must first relocate a portion of Old Airport Road to allow passengers to access hangars on the south side, Ferguson said. The $8 million cost of the taxiway project and road relocation comes from a full grant from the state. Other future plans possibly include linking the airport with other transportation options like rail lines, said City of Statesville Planning Director David Currier. “We’re really pushing multimodal up here,” he said. And, in the design phase, is a $5.1 million construction of a new road on the airport’s south side connecting Old Mountain Road to Bethlehem Road, Ferguson said. While considered a “low-level priority,” also in development is the airport’s and city’s efforts to gather funds for the construction of a new corporate hangar site that would double the amount of corporate hangars at the airport, Ferguson said. The city recently purchased 33 acres adjacent to the airport for about $1.1 million, said Ferguson.​​The proposed project would bring the total number of corporate hangers from 21 to about 40. Other possible future plans for Statesville Regional include re-orienting the airport’s entrance on the south side instead of the north to accommodate important clients from Lowe’s who travel from Mooresville to depart from the airport, said Ferguson.


Business Today

December 2017

21

Hot Properties Housing market keeps sizzling, mirroring national trend New data from S&P Dow Jones show that the upward climb in housing prices is continuing unabated in most markets, including Charlotte, where prices are up 6.2 percent year over year. S&P’s Case-Shiller Indices, the leading measure of U.S. home prices, show Seattle led the way with a 12.9 percent year-over-year price increase. Charlotte came in at a more sustainable 6.2 percent increase between September of last year and September of this year. Apparently the 12.9 percent increase isn’t sustainable in Seattle. Prices there between August and September of this year fell .3 percent, according to Case-Shiller. In Charlotte, where prices rose 6.2 percent year over year, they also rose between August and September—a more reasonable .3 percent gain. It’s been a remarkable year for real estate in Lake Norman and Cabarrus

As of the end of October this year, the median sales price for the Lake Norman market was only $365,000. “Our market appreciation is due in part to the lack of inventory in the under $400,000 market, which has brought back the return of multiple offers and sales exceeding listing price,” the real estate veteran says. In the upper brackets, there is still more than six months of inventory, with considerably more above $1 million and even more above $1.5 million. “This puts us in a buyers market in the above $450,000 range,” Jennings says. In spite of a considerably larger supply in the executive and luxury markets, those houses that are priced well, updated and staged are going to move faster. “We are anticipating our local real estate market to stay on course for another stellar year in 2018,” Jennings says.

17031 Belle Isle Drive in Cornelius sold for $2.4 million

In Concord

A nearly 5,000 square foot home on 10.75 acres has sold for $750,000 after being listed at $749,900. Diane Honeycutt of Team Honeycutt/Allen Tate in Concord had the listing. The distinctive property has a gated entry, coffered ceilings, decorative 105 Standish Lane in The Point in Mooresville arches and guest cottage. The tax sold for 900,000 value is $725,000. It was on the market for 15 months. Timothy Harrell from Benham Real Estate represented the buyers of the Southern style home, built in 2003.

In Mooresville

1200 Old Salisbury Concord Road in Concord sold for $750,000

with strong appreciation. Combined home sales in all price ranges of the Lake Norman market are up 13.9 percent year-to-date as of the end of October, according to Abigail Jennings, CEO of Cornelius-based Lake Norman Realty. She says not to worry about a real estate bubble despite double-digit growth. “Although prices are steadily appreciating, our median sales price in the Lake Norman market has not exceeded the peak median price of July 2008 of $380,000,” she says.

In Cornelius

A large lakefront home at 17031 Belle Isle Drive has sold for $2.4 million after being listed at $2.575 million by Lisa Cernuto and Leland Oxenford of Mooresville Realty for a little over three months. The house, which sits on nearly an acre lot, has a two story foyer, travertine tile floors, a study and a cabana kitchen next to the saltwater pool. The tax value for the 12 year-old, 7,250 square-foot home is $2.1 million. Mary Deininger of eXp Realty represented the buyers.

A house at 105 Standish Lane in The Point has sold for $900,000 after being listed at $920,000 almost six 15630 June Washam Road in River Run sold months ago. The traditional two-story for $940,000 home has a large saltwater pool and a boat slip across the street at a neigh- $940,000 after being listed at $969,000 borhood pier. The 4,300 square foot almost three months ago. The 4,400 home is valued at $681,360 by the tax square foot house, which has a tax man. Stephanie Richard of Allen Tate/ value of $842,000, has a screened Mooresville brought the buyers to the porch with Tennessee bluestone table. Annie Livingston had the listing. floors, an upper porch and a threecar garage. Beth Sullivan of Allen Tate/Davidson listed the two-year-old In Davidson property; Anita Hallman of BerkA stately abode at 15630 June Wash- shire Hathaway HomeServices was am Road in River Run has sold for the selling agent.


Business Today

22 December 2017

Editor’s Notebook

Sexual harassment happens in companies big and small, well-known and obscure BY DAVE YOCHUM I know I was surprised Monday morning Nov. 20, when Charlie Rose didn’t host “CBS This Morning.” He was a hero of mine; his avuncular demeanor, as well as low-key approach to interview subjects appealed to me. Four or five cups of coffee, a B-complex supplement and Charlie Rose, Gayle King and Nora O’Donnell and I am good to go for a long time. Next thing you know, the Washington Post reported on a series of Rose’s profound misdeeds at his television production company and PBS. Soon thereafter, there were reports of similar behavior at CBS. And then Matt Lauer. Wow. In a relatively small organization, like a news room, a production company or a small business, the person at the top is always right, invincible and not to be argued with. The arrogance that comes with sycophantic behavior by those around him (or her) begets arrogant behavior. Rose’s arrogant behavior included intimidation, unwanted touching and​ exhibitionism. The women who came forward were brave, having gone up against a powerful and admired individual who could influence their careers. The same holds true for women who might be harassed in small business settings. An ABC News-Washington Post poll found that 3 in 10 women “have put up with unwanted advances from male co-workers” and “more than half of American women have experienced

unwanted and inappropriate sexual advances from men.” Sexual harassment is prohibited in the United States by Title VII of the federal Civil Rights Act of 1964​. Only those employers with 15 or more employees are required to comply with Title VII in the workplace. In a small business, employees who are harassed might not know where to turn. An employer who thinks that’s a good thing may be in for a serious surprise down the road.​ The law defines sexual harassment​ as​“unwelcome sexual advances, requests for sexual favors, and other verbal or physical conduct.” Deanna Arnold started Employers Advantage in August specifically to help small businesses with the HR function on the scale they need—typically companies with fewer than 50 employees. “A small business is just as exposed to sexual harassment as a large company is and sometimes it is more exposed because of the more intimate working environment,” Arnold says. The difficulty for an employee is this: Who do you go to if the boss is the HR department and the one doing the harassing...or allowing it. An Employee Handbook and/or Policy Manual is essential, but only if it is consistently followed. “Small businesses can’t rest on the fact that they have a handbook. They need to actively utilize it and reinforce the policies of the company,” Arnold said.

She offered these pointers about sexual harassment in the workplace: • A handbook should let the employee know what steps to take and what is the company’s responsibility. • Men and women can protect themselves by speaking up when an inappropriate situation arises. Talking about it is imperative. Steps to take if you feel you are harassed: 1. Act immediately. Timing is of the essence and it is important to take immediate action. 2. Ensure your personal safety and protect yourself. If it is a situation in which you feel that it is crossing the line into sexual assault and a crime, call the local police. 3. Tell them to stop. Let the alleged harasser know that they don’t appreciate their behavior and ask them to stop. 4. Document as much as possible. Include specifics as far as dates, times, witness names (if any) and details related to the incident(s). 5. Report the incident(s) to a manager and/or the business owner, provided they aren’t the one doing the alleged harassing.

Sales & Marketing Director Gail Williams gail.todaypubs@gmail.com Account Executive Rose Schell-Wilson rose.todaypubs@gmail.com Production Director David Beard production.todaypubs@gmail.com Contributing Writers Erica Batten, Cheryl Kane, Dave Vieser, Cathryn Piccirillo Sherman, Kate Stevens Phone 704-895-1335 The entirety of this newspaper is copyrighted by Business Today, LLC 2017 with all rights reserved. Reproduction or use without permission of any content is prohibited. Business Today is an Equal Opportunity Employer. Business Today P.O. Box 2062 Cornelius, N.C. 28031 BACK ISSUES Payable by VISA & MASTERCARD ONLY. $1.50 (if available); $4 to mail FAXED ARTICLES - $5 per page PHOTOS - $100

Managers and business owners have a duty to protect the employees and provide a safe work environment. Smart managers and owners must understand that employees are not their subjects, that they have rights and they will use them if violated.

Book Review: Learning Technologies in the Workplace Adult learners are embracing new tools and techniques, and using multiple online sources, including social networks and YouTube, to gather information and learn new skills. More and more, learners are self-motivated to find the information they need – whether through web searches or peer networks – and apply it to their work. Many learning professionals cling to a bygone era when learning & development (L&D) departments

Editor Dave Yochum nebiztoday@gmail.com

created and controlled learning, instead of maximizing the potential of this participatory revolution. Learning and Performance Institute chairman Donald H. Taylor challenges learning professionals who resist and deny change to open their horizons and offers a clear path to the L&D unit’s renewed relevance and contribution. getAbstract recommends this visionary, practical workplace learning guide to L&D professionals.

REPRINTS - Reprints on high-quality , framable stock are available, starting at $65. NEWS AND CALENDAR ITEMS Business Today is a local business publication. If you have news items, they may be e-mailed to businesstodaync@gmail.com. Business Today is published on the first Friday of every month. SUBSCRIPTIONS May be purchased for $36.

Donald H. Taylor. Learning Technologies in the Workplace: How to Successfully Implement Learning Technologies in Organizations. Kogan Page Publishers, 2017. 242 pages. ISBN-13: 9780749476403 getAbstract is the leading provider of business book summaries, with thousands of titles covered. www.getabstract.com

LETTERS TO THE EDITOR Do you have an opinion you’d like to share? We offer a forum for ideas, opinions and dissenting opinions. You can e-mail your thoughts to nebiztoday@gmail.com or mail to Business Today at P.O. Box 2062, Cornelius, N.C. 28031. Your letter, or a longer opinion piece, may be edited for brevity and/or clarity. Please include a phone number.

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13

Thank you

2017

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COMMANDER: AlphaGraphics of Lake Norman • Charlotte Ear Eye Nose and Throat Associates - Dr. Michael Miltich • Dobi Financial Group • Jim and Carolyn Duke • Brian Harris and Scarlett Hays • Shelley Johnson and Craig LePage • Kiwanis Club Of Lake Norman • KS Audio Video - Ken Ziegler • Lake Norman Realty - Abigail Jennings • The McIntosh Law Firm • Park Avenue Properties/John & Shea Bradford • Payroll Plus • Rose & Associates - Kathleen Rose • Troy and Della Stafford • Jeff and Nancy Tarte • Dirk & Heidi Tischer • Brian and Tricia Sisson & Erica Erlenbach (The Range) • Stonewall Capital SKIPPERS: Chris and Sally Ashworth • Rod Beard • Law Firm of Bentz and Associates - Catherine Bentz • Denis Bilodeau • Blair and Margaret Boggs • Crafty Burg’r • Dixie Dean • Dressler’s Restaurant • Tom and Ann Dutton • Angela Higbea • Rusty Knox • Rhonda Lennon • Thurman Ross • Brent & Amy Sparks • Jennifer Stoops • Washam Properties - Woody & Sharon Washam MATES: Integrity Heating & Cooling • Freedom Boat Club • John and Nancy Aneralla • Chaz Beasley • Kathleen Byrnes • Martin and Bernadette Fox • Richard and Benjamin Knight • James Hicks FOOD & BEVERAGE VENDORS: Alton’s Kitchen and Cocktails, Big Bite’z Grill, Brickhouse Tavern/Port City Club, Brixx Wood Fired Pizza, Bruster’s Ice Cream, Coca-Cola, Dressler’s Restaurant, Herrin Brothers Ice, Mama’s Pizza Express, Tenders Fresh Food, The Harp and Crown

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PRICE REDUCED

NEW LISTING

$615,000 | The Hamptons | Great Outdoor Living Amazing Kitchen | 3 Car Garage | Huge Master Suite

$1,650,000 | Waterfront Lot Huge Views | Located in Cornelius

NEW LISTING

PRICE REDUCED

$2,999,000| Waterfront | The Peninsula | New Construction | Completed March 2018

$995,000 | Waterfront | Cornelius 3 car garage| Patricks Purchase

$3,499,000 | Waterfront | Cornelius Private Dock | 4 Car Garage

PRICE REDUCED

COMING SOON

$1,965,000 | Waterfront | 8000+ sq ft | 4 Car Garage | The Peninsula

Call for Price | 6.29 Acres| Built by Ken Bealer 4 car garage| Pool | Covered Patio

UNDER CONTRACT

PRICE REDUCED

$975,000 | The Peninsula | Waterfront | Private Dock | Master on Main

$699,000| The Peninsula | Boat Slip 4 Bedrooms | 3 ½ Baths

$5,600,000 | Waterfront | The Point| Pool & Spa 4+ car garage |13,000+ sq ft

$2,900,000 | 8486 sq ft | Pool & Hot Tub Gated Community | 7 Car Garage

Lance Carlyle 704-252-0237

Marci Carlyle 704-451-8399

Jim Carlyle 704-252-3047

Terry Donahue 321-402-8543

Terry Byars 704-728-9775

Blaire Cohn 678-591-6621

$4,199,000 | Waterfront | Cornelius| Elevator 10,000+ sq ft | Just Reduced $500k

Al Strickland 704-201-7244

Tammy Godwin 704-650-0296

Michael Green 704-954-4489

19520 W Catawba Ave Suite 113 | Cornelius, NC 28031 | 704-895-4676 Office | www.CarlyleProperties.com

Business Today - December 2017  
Business Today - December 2017  

The December 2017 issue of Business Today

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