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@businesstodaync

December 2019 Published monthly Business Intelligence for Lake Norman

Volume 18, Number 9 $1.50

Head of TDS sees growth in LKN area

The Office

Don’t be a holiday HR Scrooge

See Scrooge page 8

BY DAVE VIESER When Brett Krueger left his job as VP at Miami based MRK Investments, one of the first projects he dreamed of pursuing was a resort hotel on Lake Norman. “For a region where lake activities are such a major part of life, the lack of a high-quality lodging facility right on the water seemed hard to fathom,” Krueger said in an interview. That may change soon as Krueger plans a $33 million, 82-room resort hotel along Sunset Cove Lane in Mooresville, just to the northwest of Exit 31 on I-77. “Sunset Cove” will also include a beach and pool, a 4,000-square-foot conference center and an Italian steakhouse. The beach will be open to the public for a fee, and all 82 hotel rooms will have water views. Krueger formed Sunset Cove Partners LLC which bought the 15.5 acre site for $ 8 million.

Krueger says there’s plenty of interest among investors in the project. “There’s 520 miles of shoreline on Lake Norman, yet few people realize how important luxury lodging is to investment and positive growth for an area,” Krueger said. He cited the Trump National Golf Club Charlotte on the other side of Lake Norman. “They book some 6,000 rooms a year for their golfing enthusiasts and a good many go down to Charlotte. Having a five-star Krueger hotel ten minutes away makes business sense on all sides,” said Krueger. In addition to the hotel, beach See Sunset Cove page 22

HOT PROPERTIES

Corporations

Transactions Mecklenburg

Page 14

Iredell

Page 16

Foreclosures 6418 Stephens Road Huntersville, $1,440,000

See TDS page 22

RECORDS

Page 20-21

Mecklenburg

Page 18

Iredell

Page 18

Mecklenburg Cabarrus

Page 18 Page 19

Iredell

Page 19

Denver

Page 19

www.businesstodaync.com

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

Plan for more PTO Employers should prepare for an increase in paid time off (PTO) requests. Leaders should ensure their organization has clear

LKN hotelier has luxury pedigree

DATED NEWS - POSTMASTER PLEASE DELIVER By 12/7

Schedule flexibility Between balancing work deadlines and personal commitments, employees may have more on their plate during the holiday season. Managers can offer breaks to allow time for employees to accomplish personal tasks. Additionally, some companies may offer floating holidays, opportunities to work remote or even implement a shorter work week.

An 82-room, 5-star luxury waterfront resort in Mooresville

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

Business owners and managers may see increased stress levels among employees around the holidays. We all know they can be stressful, and sometimes the stress shows up at work. You might not have any control over what happens at home, but you can help team members to remain focused and productive at work. Erin Lau, human resources manager at Insperity, offers the following tips for leaders:

BY DAVE VIESER If you thought TDS Telecom is buying the former Mi-Connection just to be a caretaker, think again. TDS has big plans for the cable system now known as Continuum. It serves Mooresville, Davidson and Cornelius, but it’s owned by Mooresville and Davidson. Voters approved the sale to TDS for $80 million in the November election,. TDS CEO Jim Butman sees the greater Lake Nor- Butman man area as a high-growth region, well ahead of the national average. In an exclusive interview with Business Today, the 62-year-old Wisconsin native said that while Mooresville and Davidson were restricted by state law from expanding beyond their municipal boundaries. TDS will not be bound by that restriction, Butman said. While it’s not set in stone, Davidson officials are looking for the deal to close this month. Butman had high praise for Continuum and the managers who ran it including CEO David Auger. He passed away last May after leading a successful turnaround. “They built a strong foundation and reputation for providing reliable, high-


Business Today

2 December 2019

2020 economic outlook at Newsmakers Breakfast Dec. 13 FEATURED LISTINGS

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Two top-ranking business leaders— one a nationally known economist, the other a nationally regarded CEO—will be the featured speakers at the Newsmakers Breakfast Dec. 13 at The Peninsula Club. The Q&A over breakfast will focus on regional and national trends in the economy. Mark Vitner is the managing director and senior economist at Wells Fargo Securities, LLC, where he is responsible for tracking U.S. and regional economic trends. Pat Riley is CEO of Allen Tate, the No. 1 real estate firm in the Carolinas, based on closed transactions/sides. Riley is an expert in the de- Vitner mographic trends that are helping drive the economy in

and around Lake Norman. Newsmakers Breakfasts, which cost $12 to attend, are open-forum Q&As with people who make the news. Anyone can ask a question. Doors open at 7:15 a.m. for networking. The buf- Riley fet-style breakfast gets under way at 7:30 a.m.

The Q&A begins at 8 a.m. and concludes at 9 a.m. The $12 cost includes a full country breakfast. Reserve a seat by calling 704-8951335 with Visa or MasterCard. The Presenting Sponsor is Ckezepis Law Firm, based in Huntersville. The Breakfast Sponsor is the Dixie Dean and Christina Stone team at Allen Tate Real Estate, and Aquesta Bank. Coffee Sponsors include Master Title , Davidson Wealth Management, and KS Audio.

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Business Today

FDIC data shows bank deposits soared in Cornelius, Huntersville BY DAVE YOCHUM New market share reports from the Federal Deposit Insurance Corp. show big gains in bank deposits in North Mecklenburg, particularly in Cornelius and Huntersville. Between June of 2015 and June of 2019, deposits in Huntersville soared 56.7 percent to $1.29 billion. In Cornelius deposits rose 35.9 Silvia percent to $1.098 billion. Davidson banks—there are only a handful—experienced far less growth: 10 percent to $268 million, according to the FDIC report. More is on the way. Cornelius has given Chase Bank a green light to build a branch on 1.5 acres of prime property at the northeast corner of Jetton Road and West Catawba Avenue where a closed Rite Aid building now stands. Chase plans to demolish the pharmacy building and erect a new one-story 3000 square foot office with a two-lane drive through. Less than a half mile west on Jetton, Select Bank plans a full-service branch in an existing building on the corner of Nantz Road. “The Lake Norman area is a desired area,” said William Hedgepeth, president and CEO of Select. Bankers have their eye on not just deposits and loans, but growth on into the future. It doesn’t look like it’s ending anytime soon. “In Lake Norman you have a fairly large lake near a big growing city,” said nationally known economist John Silvia. “You don’t have that in a lot of places in America.” In an exclusive interview with Business Today, he said the lake is a “phenomenal positive” from an economic development perspective, including net in-migration. The demographics of people moving here are running toward higher income, many with two incomes. “You’re not bringing in a lot of the non-educated. In-migration here is very different from the immigrants that grew cities like New York City generations ago,” Silvia said. “You have diversified the economy so well,” the economist said. It’s music to the ears of bankers like Jim Engel, CEO of Cornelius-

December 2019

ENTREPRENEURS

based Aquesta, whose headquarters is a block of the billion-dollar banking boulevard also known as West Catawba. Based on new customers, Engel said the demographic moving here seems to have a strong component of business owners and professionals—that have “somewhat of a multiplier effect because then you Engel have the service business and their employment too.” It’s a different story from 2006 when Engel started the bank. “You’d move here in order to commute into Charlotte. Now there are people moving here to work in Mooresville and Cornelius,” Engel said. Economist Silvia said over the next 20 years we “will see some blips—if there’s a national recession we’re not immune—but over the next 20 years were seeing continued growth...major new corporate relocations, that just fuels all the subcontractors and the service contracts it becomes selfperpetuating.”

Bank Deposit Growth

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Happy Holidays to all of our tenants and owners at Hyde Park Suites

28031/Cornelius 2019 Total 2015 Total

$1098 billion $808 million 35.9%

28036/Davidson 2019 Total 2015 Total

$268 million $247 million 8.5%

28078/Huntersville 2019 Total 2015 Total Source: FDIC

$1293 billion $825 million 56.7%

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Business Today

4 December 2019

McIntosh Law adds new business attorney

Peoples Bank Newton branch

Peoples Bank awarded Bright Future Award The Newton Business Advisory Committee has recognized Peoples Bank for innovation, economic development accomplishments, commitment to the community and jobs created, retained or improved. The Business Advisory Committee advises the mayor and members of the city council on business issues that im-

pact the city. The ultimate goal is economic development that will benefit all citizens through new business and expansion of existing businesses. According to City-data, the population in Newton is 13,000, about the same as 2010. Newton and neighboring Conover—traditional manufacturing communities—are still coming back

from the manufacturing decline that swept through much of North Carolina 10-15 years ago. Almost 20 percent of Newton residents were living in poverty in 2016. Lance Sellers, president and CEO of Peoples Bank, says decisions they make every day have an impact on business and community.

Jillian Swett has joined The McIntosh Law Firm as a business and corporate law attorney. A Lake Norman native, she received her undergraduate degree from Swett North Carolina State University and her J.D. from William & Mary Law School in Williamsburg, VA. She will focus on business and corporate law, including trademark and copyright matters.

Do you have an item for BT People? Send your personnel news to businesstodaync@gmail.com Photos in PDF format are welcome.

Auditor’s office gets at business of Bill Ingram is new senior VP at governance; now there’s competition HomeTrust Bank in Cornelius Nov. 17. State Auditor Beth Wood has competition in next year’s elections from within her own office: Tim Hoegemeyer, who served as general Hoegemeyer counsel for the Office of State Auditor, will run for the same job as a Republican. He spent 12 years in the office, including time leading the Fraud, Waste

and Abuse Investigative Division. The Marine Corps veteran appears to be the first and only candidate to challenge Wood, a Democrat, in 2020. The primary Wood is scheduled for March 3, next year, but the filing deadline is right around the corner: Dec. 20. The general election is Nov. 3, 2020.

Nov. 7. Bill Ingram has joined HomeTrust Bank as Senior Vice President/Commercial Relationship Manager based in the Cornelius office. He Ingram is responsible for expanding the HomeTrust brand in Charlotte and Lake Norman, as well as cultivating new relationships with small- to medium-size businesses for the North Carolina-based

bank Ingram was formerly a commercial banker with Regions Bank focused on commercial banking relationships in Charlotte. Prior to his tenure at Regions Bank, he was market president for Wells Fargo in Gaston and Cleveland counties, leading a team of business bankers. Ingram graduated with a BA from the University of Kentucky, majoring in finance and management, and earned his MBA at Thomas More University in 2003.


Wishing you and your family a wonderful Holiday Season!

October 2019

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Business Today

6 December 2019

John Aneralla was re-elected in November

Mayor John Aneralla focusing on road improvements in Huntersville BY DAVE VIESER Fresh on the heels of a convincing re-election victory, Huntersville Mayor John Aneralla views the start of the long-awaited Main Street upgrade as the town’s marque project heading into the New Year. He feels the improvements will be a major step forward for businesses, as well as the town’s 55,000 residents. Aneralla defeated former town commissioner Rob Kidwell for a second term. A self-employed investment advisor, Aneralla led Huntersville’s push for a town-owned charter school while Kidwell called for closer ties with Charlotte Mecklenburg Schools. Aneralla won handily, with 56 percent of the vote, but there doesn’t seem to be any traction right now for a split from CMS. Transportation improvements are front and center. “After 20 years of discussion and planning, I’m happy to say that Huntersville’s Main Street improvement project is set to begin,” the mayor said in an exclusive interview with Business Today. “When completed, this will allow easier movement through our downtown, eventually attracting private sector development to the area.” Specifically, the plan calls for establishing an alternative route to NC 115/ Old Statesville Road to run through downtown Huntersville. The objective is to upgrade Main Street and provide a connection to 115 at both Mt. Holly-Huntersville Road and Fourth Street. This connection is

intended to provide significant north/ south capacity in downtown Huntersville without widening 115. The project will take approximately two years to finish. Also slated to start in 2020 are improvements to Gilead Road and US 21. Meanwhile, Aneralla sees continued strength on the economic development front. “All indications are that the North Meck area and Huntersville in particular remain attractive for new businesses to locate here as well as current businesses to grow,” he said. The town’s proximity to Charlotte/ Douglas Airport, the businesses in Charlotte and the other amenities located in Charlotte actually works to Huntersville’s advantage. “We’ve found that our lower tax rate, cheaper land costs and small town feel are very attractive to businesses looking to locate near a major metropolitan area,” he said. When asked what the biggest challenge is to the town’s economic growth, Aneralla’s answer mirrored those from local business leaders: Recruiting and retaining skilled workers. “With unemployment in Huntersville below the national average, many businesses and companies are struggling with this,” he said. He did note that the town continues to connect their business community with area high schools, the community college and other organizations in an attempt to link the work force of the future with the jobs of the future.


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Business Today

8 December 2019

C YBERSECURITY

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American shoppers shelled out $9.4 billion on Cyber Monday, setting a new spending record, almost 20 percent more than last year. Cybersecurity is a growing concern as the Christmas shopping season gets under way in record fashion. Cybercriminals used a third-party vendor’s stolen username and password to break into a retailer’s systems and steal millions of credit card numbers. Cabarrus County Cybersecurity Administrator Jack Dodd trains County employees on best practices and policies to protect information. Cabarrus County was hit with a social engineering scam that resulted in the loss of $1.73 million, which was part of a $2.5 million contractor payment. Conspirators posed as representatives of the contractors in a series of emails that began last year.

Passwords: Hard is good

First step: Know your data

Phishing involves the use of seemingly legitimate emails and other communications with links to “change” or “verify” passwords or other login credentials. Clicking these links can take you to locations designed to steal your login information. Identify and avoid suspicious emails. This will help users avoid phishing attempts with URLs or attachments programmed to download malware into your network, Dodd said. To get around direct emailed links, visit the site on your own, log in to your account and see if the message is replicated.

“Who has access to it, how it floats around...know what’s out there,” he said, explaining that cellphone location tracking is one example. Knowing who has your data is also important. Examples are Google, Facebook and other platform companies. “They have great leverage over the data you give them,” Dodd said. “And they take it, they hold onto it and they use it.” Also, know how your data is shared. Normally, sharing is governed by a privacy policy and various user settings. All these components comprise a user’s “digital footprint,” Dodd said. “That’s kind of your mark you leave out in cyberspace.” Once you know the contents and location of your digital footprint, the next step is to …

Scrooge continued from page 1

guidelines for requesting time off and that all employees are aware of related policies. These should include directions for submitting PTO requests, as well as cover expectations related to accessibility while away from the office.

Refocus deadlines

Keeping employees focused while competing with holiday distractions isn’t always easy. To ensure all tasks are completed on schedule, managers should meet with staff to prioritize proj-

Dodd said use strong passwords. Longer passwords are better for security. Dodd also advised against using the same password for multiple accounts. In a business setting, be sure to Dodd enforce policies to change passwords frequently. Don’t allow password sharing.

Office policy: Be vigilant

Block downloads from suspicious sources. Prohibit users from sharing company-owned laptops and mobile devices. Whether working or not, don’t access sensitive company data—or bank accounts—through public Wi-Fi.

Phishing: Don’t take the bait

Bottom line: Be suspicious

Maintain a healthy dose of suspicion when you’re on the internet. Keep up with software updates, too

ects and set realistic deadlines. Setting shorter deadlines than usual can also help keep team members engaged and productive.

Consider daytime parties While holiday parties can be a great way to encourage team building, they can add stress. Think about hosting a holiday lunch during business hours rather than scheduling an evening or weekend event. Cool ideas include an office potluck or participating in a community service activity during office hours.


Business Today

December 2019

9


10 December 2019

L eading

with

Grace

Business Today

Be the leader who surprises your team BY GINNY MACKIN Max Goodwin, the fictitious medical director on “New Amsterdam,” is terminally optimistic. He jogs the halls of the hectic TV hospital looking for opportunity and purpose. “How can I help?” is his mantra. How can he help the burned-out emergency room docs who are working accident victims? How can he help the administrative staffers who have completed their 40 hours by mid-week? How can he help the staff psychologist heal the vets with PTSD? Max and “New Amsterdam” are fictional but inspired by Eric Manheimer’s 2012 memoir “Twelve Patients: Life and Death at Bellevue Hospital.” The show is intense, warm and a study in leading with grace. There’s lots of buzz about “servant leaders” these days. Max takes it a step further. His introduction to his team throws them off balance: Doctors and staff at New Amsterdam are unsure how to respond to his offer of help. They’re even less sure

about how they might listen to each other’s ideas and feel a shared commitment to improving their work lives. Consider the leaders who have led you. Some have managed through what I call “pass/fail.” Bring me the work, I will review and let you know if it is good or bad. Some delegate

Peace on Earth Good Will to All

businesstodaync.com corneliustoday.com

elegantly. Go get this all done and serve it up. The delegator will let you know what the delegator thinks. Others drop the big, urgent last-minute projects at 5:30 p.m. and expect a polished product by 9 a.m. That’s the real world and we all have to live in it. But remember: You get to choose what type of leader you want to be. You get to write your own leadership script. The best leaders remove barriers in front of their teammates. Leaders’ roles should enable creativity, confidence and, sometimes, healthy conflict. Removing barriers can look like “helping.” Helping does not diminish power or authority. It builds trust and respect. A dose of what I call horizontal thinking—what’s best for the company and team—can shake things up in a healthy way. A great CEO I worked with said “everyone pulls their pants on the same way.” That was his version of a meritocracy and a team reminiscent of his Army days. It taught us that no one is more privileged than the other. We are part of a team that shares in mutual success. And sometimes it starts with “How can I help?” And, maybe, “how can WE help?” I remember the late nights getting ready for an acquisition announcement the next day. My team and I were creating binders so that leaders would have everything they needed to communicate well following the announcement. I could have headed home at midnight or I could stay and help with the

binders. The binders got done earlier with an extra set of hands to help. The result? Loyal, trusting employees who got some sleep and a leader who has empathy for her team. Have you ever lost respect for a manager or leader who asked how he/she could help? Conversely, has an empathetic leader helped you think differently about your own values? “New Amsterdam” is well-written television. It’s also a fine study in leadership. Think about your leadership story and consider surprising your teammates, your family, your community with a more collective, inclusive style of problem solving. The “we” can hit the reset button and build a healthier culture of trust and impact. Go ahead, write your own leadership story.

NEXT STEPS Identify an opportunity to remove a barrier or “help” someone in your office or in your life.

Ginny Stone Mackin is the principal of Grace & Stone Communications, LLC. Based in Cornelius, Ginny led communication functions at Ingersoll Rand, Duke Energy and Wachovia Corp. She also held management roles at Bank of America, CPC International and Bonwit Teller Stores. www.GraceandStoneComms.com


Business Today

December 2019

G rowth Strategies

11

Spot the ‘undertow’ of numbers It can be a good feeling to look at year-end revenue and see a comforting level of sales. It may bring a satisfied sigh of accomplishment; and it generally should. But do you really know what the numbers tell you? Can you interpret financial statement numbers into meaningful information that ties directly to your strategy? Do you know if there are trends lurking beneath the surface that foreshadow potential trouble in operations, sales, or service? I call it the undertow. Numbers in a business are the common communication medium between departments, internal decision makers, and external stakeholders. And like a deep river, the surface may appear orderly, calm and navigable; but beneath, there may be dangerous barriers or a lethal current. In both cases analyzing what lies beneath the surface aids in being able to plan well, adjust one’s course, or maneuver expertly to avoid being stranded. Analyzing sales numbers and trends from many perspectives can offer insight to sales managers and sales professionals. Some may prefer to depend on their instincts about how they think they are doing. But savvy sales professionals want the clarity of insight that data analysis can offer them. • Where did the sales come from, in each customer category? • How many new customers purchased? • What is an average sized new order? • How many customers stopped buying from in this period? • How many customers are purchasing more-or-less in this period than previous periods? • What is the trend of average-sized purchases for customers in each customer category? • What is the average length of time between a first sale and a repeat sale? • How many customer contacts were made by your sales reps for each customer? • What is the rate of return of closed sales from targeted advertising efforts?

• What is the rate of returned products per customer sales? • How is the rate of returned products trending over the last few periods? Each of the above questions should be followed by a why, how, when, who should research the data further, and by when? And your sales professionals should be able to explain the answers to the above questions in a way that assures you they are fully engaged in managing their portfolio effectively on all fronts. When revenue and overall income are strong many business leaders fail to be diligent in analyzing the critical foundation of information financial statement numbers are built upon. It just feels good to be doing ‘well’-according to the numbers. But if close attention is not paid to the front line and behind the scene activities in a business, a strong growth market can bring a wave of easy-toclose sales so strong that the large number of dissatisfied customers who

are not returning are spotted until the growth slows. Then the jolt can be shocking when goals are significantly missed because new sales dried up, and repeat sales had been disappearing for a long time. Once I moved to a bustling community and was disappointed by the low quality of service from a business that by all appearances was robustly successful; this confused me. But when I observed longer, I realized most of their business was from new customers. It seemed they were churning customers more rapidly than they were building a strong customer base; new customers were not becoming longterm customers. Perhaps the business leaders just didn’t see beneath the summary numbers to the real story. When the economy slowed this business seemed to experience a faster fall and incurred a deeper toll than if they had also been building lasting customer relationships.

If they had worked to evaluate the numbers more closely they might have realized the true trending source of sales revenue, avoided the undertow, and shored up their processes to buffer themselves from disappointment. How often do you get beneath the surface of the periodic financial statements you receive?

Cheryl Kane, 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 email: CherylKane@cherylkane.net.


12 December 2019

News-

News from www.Businesstodaync.com

Town supports CON for Atrium hospital in Cornelius Nov. 19. Analysis. By Dave Yochum. The Cornelius Town Board has made clear its druthers around Atrium Health’s plans for a 30-bed acute care hospital on the Augustalee property along Hwy. 21, south of Westmoreland. The board unanimously passed a resolution Nov. 18 supporting the proposal which will have to pass muster under the state’s Certificate of Need process. The resolution said, in part: “Cornelius’ population has grown by approximately 700% over the past 30 years and is projected to continue sustained growth for the foreseeable future, and is part of the exponential growth experienced and continuing for the entire northern Mecklenburg County area; and whereas, Cornelius does not have a hospital facility, meaning its citizens currently have barriers to acute care facilities located outside of Cornelius due to challenging drive times resulting from the long distances to those existing facilities and due to the severe, pervasive, and consistent congestion that exists on northern Mecklenburg County’s and Charlotte region’s road networks.” The Town Board has approved virtually all the construction projects over the last 25 years that have contributed to congestion. In fact, development and traffic issues came up as a major concern last night during a public hearing on a small infill project with 27 dwellings on Washam Potts Road. There’s no telling how much traffic would increase based on a hospital and mixed-use development at Augustalee. There’s also no doubt land owners have rights to put their property to

Rendering of Atrium Health Lake Norman Hospital use. In October Atrium filed an initial application with the NC Division of Health Service Regulation for a Certificate of Need (CON) to build a 30-bed acute care hospital with two operating rooms. Business Today, sister publication of Cornelius Today, first reported the news Oct. 21. Atrium plans a major medical development with an adjacent mixed-use project comprising residential, offices and retail, according to reliable sources in the real estate community. Based on the size and the scope of the development, Atrium could bring hundreds of new jobs to Cornelius. “There’s no question this will create jobs and attract new medical-related businesses,” Mayor Woody Washam said. Business Today reported back in June that the Augustalee site—a crown jewel in the world of economic development—was under contract. The sale price and prospective buyer were not disclosed at the time. But Atrium has confirmed they plan a Cornelius facility that, if approved by the state, would open in early 2023.

Here it gets interesting. The Certificate of Need process allows competing hospitals to protest duplicative plans by another hospital. CONs allow hospitals to recoup their investment in costly equipment and facilities—keeping prices down—and minimize competition—keeping prices up. CONs make providers ask for permission to build a new facility or expand an existing one. North Carolina is one of about three dozen states that impose such restrictions on health care. In essence, CON laws allow established providers to influence if not control who can compete with them. Novant has dominated North Meck healthcare since it opened at the Huntersville Medical Center 15 years ago. Novant Huntersville opened with 50 acute care beds; it now has 139 beds at Exit 23 on I-77. If a new hospital were to make it through North Carolina’s Certificate of Need process, a Cornelius location makes sense because there are existing hospitals four miles south and in Mooresville where Lake Norman Regional Medical Center is located at

Exit 33. Novant might not protest too much. It initially circumvented the CON process when it built its medical center in Huntersville. Outgoing Town Commissioner Dave Gilroy said an Atrium hospital here should anchor an “exceptional development concentrating on satellite specialty medical office, Class A office for technology and service companies more generally, perhaps a high-end flagged or boutique hotel, unique and complementary recreational/retail services, and remarkable architectural standards throughout!” The residential component should be very limited, he said. “The first principle here is economic development—outstanding, local jobs. And with success at Augustalee, we must rededicate ourselves to expanded parks, greenways, and rural land preservation in other areas of Cornelius,” he said. Doing so may take property rights away from some landowners with far less influence than a hospital chain. At last night’s meeting Gilroy said “not saturating every square foot of this town” with residential development was key to maintaining a high quality of life in Cornelius. “We really need to keep our eye on this and I am hopeful the new commissioners will keep an eye on this as well,” Gilroy said. He lost his re-election bid this year after serving 14 years on the town board. Atrium, meanwhile, isn’t saying anything beyond a press release issued three days after the news stories in Business Today and Cornelius Today.

$95


December 2019

News from www.Businesstodaync.com

News-

NEWSMAKERS b r e a k f a s t

Puckett speaking at a Newsmakers Breakfast

Puckett will file to run for his old seat next week Nov. 25. Jim Puckett says he will file next week to run for his old seat on the Mecklenburg County Board of Commissioners. He lost his bid for reelection in November of last year. “In less than a year of governance we have seen a budget that was formed under illegal processes, a singular tax increase on the entire county and two on nearly 60% of Mecklenburg County taxpayers as well as an additional attempt to increase sales taxes all without the benefit of public debate, trans-

parency and inclusion,” he said in a press release this afternoon. Democrats swept many of the 2017 state elections: Elaine Powell defeated Puckett who was a veteran of both the county commission and the Board of Education. Puckett said he will “bust the monopoly” on the current board which is all Democratic. NC Rep. John Bradford also lost to Christy Clark in the District 98 race. He, too, says he will run for his old seat.

At A Glance *Reporting as of 11/15/19. Ongoing data updates/revisions may cause flucuation in job numbers contained in previous monthly reports.

Economic Outlook

Friday, December 13

Mark Vitner

Senior Economist / Wells Fargo

Pat Riley CEO / Allen Tate

The Peninsula Club 19101 Peninsula Club Dr., Cornelius $12 Includes Breakfast 7:30 am - 9:00 am

Call 704.895.1335 to reserve your seat *Reservations needed Presenting Sponsor:

Breakfast Sponsors:

Coffee Sponsors: Oct ‘18 NOV

DEC

JAN

FEB

MAR APR......MAY......JUNE....JULY....AUG....SEPT...OCT’19

Data pulled from NC IT Job Trends Report produced by North Carolina Technology Association 919-856-0393 / nctech.org

13


14 December 2019

On The Record

Business Today

THIS MONTH TRANSACTIONS…………….... 14-18 FORECLOSURES……………..........18 NEW CORPORATIONS………...18-19

REAL ESTATE TRANSACTIONS These recent property transactions in Cornelius, Davidson and Huntersville were recorded by the Mecklenburg County Register of Deeds.

Mecklenburg County 10/25/19 $370,000 Heather & Sidney Linker Jr. to Jonathan & Chelsea Oldhouser, 13615 Thach Ct., Huntersville 10/25/19 $330,000 SPH One to Nicholas & Melissa VerHague, 11713 Kinross Ct., Huntersville 10/25/19 $333,500 Wilbur & Penny Matthews to Wayne & Carol Ballard, 102 Hillcrest Dr., Huntersville 10/25/19 $705,000 Ansle Hudson, Leia & Benjamin Dean to Rebecca & Alissandro Castilllo, 19207 Betty Stough Rd., Cornelius 10/25/19 $256,000 Douglas & Harriett Rosebrough to Tom Palmer Homes, 16858 Hugh Torance Pkwy., Huntersville 10/28/19 $325,000 River Run LP to Dane & Melisse Sullivan, 17318 Gilligan Overlook, Davidson 10/28/19 $430,000 South Creek Homes to Carol Fitzgerald, 11642 Mount Argus Dr., Cornelius 10/28/19 $270,000 Acumination LLC to Briday LLC, 18339 Old Statesville Rd. Unit J, Cornelius 10/28/19 $585,000 Manuel Escribano & Rebecca Few to Meredith Frisch, 17411 Summer Place Dr., Cornelius 10/28/19 $386,000 Benjamin & Catherine Miller to Bryan & Deborah Turtle-Schmidt, 534 Lorimer Rd., Davidson 10/28/19 $995,000 Meredith Frisch to Francisco Crespo, 19601 Stough Farm Rd. Cornelius 10/28/19 $405,000 Benjamin & Eleanor Boylston, Nancy & Robert Rudzki to Fred & Judith Gregory, 1087 S. Faulkner Way, Davidson 10/28/19 $253,500 Bryon & Deborah Campbell to Opendoor Property I, 8153 Bridgegate Dr., Huntersville 10/28/19 $275,000 Brian & Vanessa Rhodes to Riley Keffer, 14251 Holly Springs Dr., Huntersville 10/29/19 $2,050,000 Denise & Dennis Strepps to Michael & Christina Rouleau, 18310 Town Harbour Rd., Cornelius 10/29/19 $262,000 James & Lauren Porter to Brooke Boat, 9846 Bailey Rd., Cornelius 10/29/19 $255,000 JCB Urban Co. to Jared & Julie Blankenship, 12508 Stonebriar Ridge Dr., Davidson

18310 Town Harbour Rd. in Cornelius for $2,050,000 10/29/19 $285,000 Lisa Goode to George Birdsey III, 11459 Potters Row, Cornelius 10/30/19 $423,000 Standard Pacific of the Carolinas to 194 Route 17 M, 17526 Shearer Rd., Davidson 10/30/19 $435,000 Standard Pacific of the Carolinas to William & Elizabeth Waller, 17612 Shasta Daisy Cir., Davidson 10/30/19 $250,000 Robert & Bonnie Godfrey to Cerberus SFR Holdings III, 20349 Harroway Dr., Cornelius 10/30/19 $360,000 Donald & Phyllis Wright to Ervin & Daisy Ramirez, 13807 HuntersvilleConcord Rd., Huntersville 10/30/19 $365,000 Sherry Van Every to Robert Kaveny III, 19411 E. Battery St., Cornelius 10/30/19 $343,000 Capital Investments Solutions to Stephen Whitman, 12523 Surreykirt Ln., Huntersville 10/30/19 $346,000 Michael & Christie Kerr to Justin & Samantha Coleman, 14211 Century View Dr., Huntersville 10/30/19 $275,000 Margaret Pennington to IH6 Property North, 9210 Greenheather Dr., Huntersville 10/31/19 $376,500 Christopher & Nancy Bishop to Bradley Smitek, 9728 Willow Leaf Ln., Cornelius 10/31/19 $250,000 Michael & Jeanine Margreno to Caleb Lemaine, 8806 Westmoreland Lake Dr., Cornelius 10/31/19 $848,000 Maurice & Katherine Cornelison to Timothy & Finely Hardy and Boyd & Shirley Hardy, 21501 Lake Point Ln., Cornelius 10/31/19 $315,000 Cristina Tuason to Eric & Mary Ann O’Brien, 15730 Seafield Ln., Huntersville 10/31/19 $395,000 Curtis & Julie Bruns and Carolyn Anderson to Douglas & Catherine Acheson, 18613 Harborside Dr., Cornelius 10/31/19 $380,000 Nichole Grice to John Thacker & Candice Jordan, 15344 Aberfield Rd., Huntersville 10/31/19 $303,000 Scott & Jill Huber to

Lakshrni Vaideeswaran, 13502 Delstone Dr., Huntersville 10/31/19 $371,500 Standard Pacific of the Carolinas to 194 Route 17 M, 17533 Shearer Rd., Davidson 11/1/19 $395,500 Standard Pacific of the Carolinas to AAR LLC, 17613 Shasta Daisy Cir., Davidson 11/1/19 $1,300,000 Fifth Third Bank to TSG Partners, 120 S. Main St., Davidson 11/1/19 $250,000 Timothy Wayland & Sara Hughes to Caitlin & Benjamin Allison, 21117 Brinkley St., Cornelius 11/1/19 $618,000 Lawrence & Margaret Blecka to Brian & Brenda Fox, 18544 River Ford Dr., Davidson 11/1/19 $425,000 Allen & Kathryn Coogen to Timothy & Lori Smith, 1140 Woodhall Dr., Huntersvillle 11/1/19 $725,000 Garrett & Kathleen Galombeck to Michael & Sharianne McDermott, 9516 Robbins Preserve Rd., Cornelius 11/1/19 $379,000 SPH One to Traci Amick, 12515 Robert Walker Dr., Davidson 11/1/19 $348,000 Matthew & Juna Wolfmayer to Eric Carr & Nicole Eley-Carr, 17629 Harbor Walk Dr., Cornelius 11/1/19 $1,285,000 James Sugg & Jeff Helgerson to Dean & Lee Ann Miller, 19233 Hidden Dove Ln., Cornelius 11/1/19 $575,000 South Creek Construction to Eliezer & Sara Nussbaum, Lot 56 Bailey’s Forest, Cornelius 11/5/19 $286,000 Joseph & Lauren Newell to Garrett & Alexandra Creasor, 13614 Cotesworth Ct., Huntersville 11/5/19 $312,000 Luis Campuzano & Adriana Ramirez to Sajin Das Shrestha & Shailiza Manandhar, 12821 Stella Belle Dr., Huntersville 11/5/19 $460,000 Natasha Getway to Daniel & Caitlin Grady, 8659 Shadetree St., Huntersville 11/5/19 $725,000 Brian & Bettina Gaffney to Greg & Julia Thompson, 16609 America Cup

Rd., Cornelius 11/5/19 $326,500 Lester Stroud & Pamela Parrish to Craig & Kendra Lott, 8438 Bridgestone Dr., Huntersville 11/5/19 $310,000 Jeffrey & Amanda Williams to Carver Family Homes, 5220 Chapel Chase Ln., Huntersville 11/7/19 $1,040,000 Watermark Lake Norman to John & Miranda Srour, 19329 Watermark Dr. Unit 332, Cornelius 11/7/19 $445,000 Richard & Susan Felicia to Bruce & Meredith Lowe, 16721 Setter Point Ln., Davidson 11/7/19 $321,000 John Thacker to Carolyn Carney & Robert Arkus, 11511 Lottingly Dr., Huntersville 11/7/19 $1,075,211 Watermark Lake Norman to Mary & Michael Lamach, 19329 Watermark Dr. Unit 331, Cornelius 11/7/19 $400,000 Jerry & Gersonice Ellison to Kimberly Champion, 14006 Harvington Dr., Huntersville 11/8/19 $365,000 F. Wayne Worley to Ahtasham & Margaret Khan, 12321 Willingdon Rd., Huntersville 11/8/19 $265,000 Opendoor Property J to Richard Adkins, 17526 Harbor Walk Dr., Cornelius 11/8/19 $350,000 Jason & Stephanie Chandler to Andrew Hirsch, 12602 Framfield Ct., Huntersville 11/8/19 $544,000 Elizabeth Norris to William & Jennifer Myers, 15926 Agincourt Dr., Huntersville 11/8/19 $1,110,000 Michael & Karen Howard to Don Wilber III & Michele LeMay, 16621 100 Norman Pl. Lot 30, Cornelius 11/8/19 $300,000 Jodi & Thomas Kurtz Jr. to VSP Charlotte, 15734 Glencastle St., Huntersville 11/8/19 $373,000 Steven & Christina Clarke to Nancy & Robert Hagerman, 8536 Sandowne Ln., Huntersville 11/8/19 $459,000 Brian & Hannah Jurasek to Brett & Jessica Groleau, 21132 Crealock Pl.,


Business Today Cornelius 11/12/19 $1,549,000 Daniel & Stacy Ryan to James Sugg & Jeff Helgesson, 19213 Hidden Cove Ln., Cornelius 11/12/19 $302,500 Michael & Sandy Hodan to David Sharp, 11327 Potters Row, Cornelius 11/13/19 $685,000 Neal & Mary Garelik to Andrew & Jujeiry Hubschman, 17312 Cove View Ct., Cornelius 11/14/19 $397,000 Andrew & Susan Smith to Jacqueline & George Tyson II, 15733 Trenton Pl., Huntersville 11/14/19 $480,000 Dana & Donald McEwan Jr. to Eric & Melanie Zufall, 1134 Woodhall Dr., Huntersville 11/14/19 $300,000 Markus & Anna Hermann to Miriam Hines, 20547 Harbor View Dr., Corneious 11/14/19 $375,000 River Run LP to Phebby & Vanhook Benton III, 16935 Maddy Ln., Davidson 11/14/19 $415,000 Miriam Hines to David & Monica Judge, 19708 Charles Towne Ln., Cornelius 11/14/19 $274,000 Scott & Amy Essex to Ronald & Dorinda Talbott, 8111 Parkton Gate Dr., Huntersville

December 2019

ON T HE RECORD 11/15/19 $370,000 Adrienne Rae to Alessandro Reed & Lisa Bancroft, 8012 Woods Run Ln., Huntersville 11/15/19 $365,000 Manuel Lazaro Jr. & Elsy Rivera to Douglas & Peggy Tosner, 6519 Olmsford Dr., Huntersville 11/15/19 $355,000 James & Amber Riddle to Ronald & Brandy Evans, 12615 Willingdon Rd., Huntersville 11/15/19 $299,000 Janet & Cecil Harwell to Michael & Megan Knorpp, 114 Meadowbrook Ln., Cornelius 11/15/19 $284,000 Opendoor Property N to VSP Charlotte, 13214 Hidcote Ct., Huntersville 11/15/19 $360,000 Julio & Elizabeth Valentin to Charles & Joanne Vaughn, 10514 Blackstone Dr., Huntersville 11/15/19 $354,000 Adriane Malachi to Terence & Mary Meehan, 10113 Blackstone Dr., Huntersville 11/15/19 $315,000 Lennar Carolinas to Craig & Dana Higgins, 13242 Caite Ridge Rd., Davidson 11/15/19 $375,000 CRLDC to Classica Homes, 12027 Huntson Reserve Rd., 13626 & 13622 Huntson Park Ln., Huntersville

Billing Address: PO BOX 2844 Huntersville, NC 28070

ONSITE EMBROIDERY

15725 Old Statesville Rd. Huntersville 15725 Old Statesville Rd. Phone: 704.947.9933 • Fax: 704.947.8833 info@awardsnorth.com • www.awardsnorth.com Huntersville, NC 28078

Phone: 704-947-9933 Email: awardsnorth@gmail.com Bill To:

Business Today + Cornelius Today Dave15926 Yochum Agincourt Drive in Huntersville for $544,000 11/14/19 $259,000 SPH One to Raleigh & Jenafar Watson, 7510 Lullwater Cove, Huntersville 11/15/19 $725,000 Gary McIntosh to Katherine & Craig Palladino, 21334 Harken Dr., Cornelius 11/15/19 $968,000 Michael & Lucinda Harmon to Terry & Laurie Allen, 18951 Peninsula Point Dr., Cornelius 11/15/19 $852,500 JPO Beverly to Scott & Leslie DeRoss, 13710 Quiet Brook Ln,., Cornelius 11/15/19 $344,000 Calatlantic Group to Carolyn Thomas, 13327 Blanton Dr., Huntersville

More Mecklenburg Transactions online at www.BusinessTodayNC.com

11/15/19 $441,500 NVR Inc. to Gary & Jeanine Gregoloff, 15010 Parnell Pl., Davidson 11/15/19 $470,000 Francesca MugnoloKibelbek to Justin Kibelbek, 12520 Old Westbury Dr., Cornelius 11/15/19 $475,000 Jay & Kelly Jefferis to Christine & Eric Van Donge, 9048 Taunton Dr., Huntersville 11/15/19 $326,500 Calatlantic Group to Albert & Helen Knofsky, 13411 Blanton Dr., Huntersville 11/18/19 $240,000 Edi King to Charles Powell, 11231 Heritage Green Dr., Cornelius 11/18/19 $630,000 Ronald & Carrie Pearn to Philip & Sarah Hoblet, 10633 Devonshire Dr., Huntersville

continued on page 16

Description

Qty

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16 December 2019

O n T he Record

Business Today

continued from page 15 11/18/19 $500,000 Sarah & Philip Hoblet to Kristen & Jason Harden, 15730 Agincourt Dr., Huntersville 11/18/19 $237,500 Maria & William Price Sr. to Heather Ellenburg, 11236 Suunto Ln., Cornelius 11/18/19 $253,000 Robert D’Aveto to Marti Pottoroff & Julien Curaba, 15440 Crossing Gate Dr., Cornelius 11/18/19 $1,349,000 Steven & Sheri Wolfe to David Bruton Smith, 19805 Shearwater Point Dr., Cornelius 11/19/19 $382,500 Owen & Mable Setzer to Linda Delius, 419 O’Henry Ave., Davidson 11/19/19 $423,000 South Creek Homes to Lawrence & Kathleen DiMaggio, 17706 Morehampton Ave., Cornelius 11/20/19 $261,000 Jackie & Dee Walters to Lonita & Neil Serdinsky Sr., 103 Higgins Ct., Huntersville 11/20/19 $335,000 David & Monica Judge to Daniel Meinwald & Sophia Boxwald, 20206 Beard St., Cornelius -11/20/19 $414,500 Michael & Linda Pacer to John & Patricia Sechrest, 11823 Cupworth Ct., Huntersville 11/20/19 $330,000 Srikanth & Sahana Ghantasala to George & Loraine Dunn, 10323 Linksland Dr., Huntersville 11/20/19 $325,000 Judith Martin to Betty & Ralph Baird, 18216 Coulter Pkwy., Cornelius 11/20/19 $325,000 Jeremy & Tara Walker

17616 River Ford Dr. in Davidson for $966,000 to Long Van Dang & Thuong The Chau and Loan Dang, 11109 Hollis Hill Ln., Huntersville 11/20/19 $257,000 Opendoor Property C to Cerberus SFR Holdings III, 17636 Harbor Walk Dr., Cornelius

11/21/19 $365,000 Michelle & Wesley Sherrill to Eugene & Verla Lemmers, 10603 Caldwell Depot Rd., Cornelius 11/21/19 $505,000 Lawrence Adkins to Aron & Robyn Oakley, 13917 Bramborough Rd., Huntersville 11/21/19 $1,089,400 Watermark Lake Norman to Greenway Wealth Management, Unit 342 Watermark Lake Norman Condominiums, 19329 Watermark Dr., Cornelius 11/21/19 $335,000 Shane & Sarah Smith to Cheyenne & Samantha Boone, 15439 Davidson East Dr., Davidson 11/22/19 $373,000 John Leggett to Jill Johnson, 136 Harper Lee St., Davidson 11/22/19 $381,000 Heather Vaughan & Debra Conrath to Urszula Pawelko & John Wilde, 12306 Kane Alexander Dr., Huntersville

Iredell County 10/14/19 $655,000 Giuseppe & Amy Cipolla to Michael & Karen Puckett, 214 Bay Crossing Dr. 28117 10/15/19 $289,000 Mary L. Exline to Andrew Martinez & Helena Franco, 148 Bain Ln. 28117 10/15/19 $345,000 Andrew & Tamara Totman to Eric & Erica Neal, 104 Jib Ln. 28117 10/15/19 $260,000 Eric & Cynthia Estes to Michael & Ellen Strickland, 921 Hampton Pl. 28115 10/15/19 $664,900 Walter & Judith Stachnik to Cassandra & Raymond Stone, 344 Barber Loop 28117 10/15/19 $570,000 Michael & Janice Brown to Jon & Melissa Hardecopf, 165 Wynward Ln. 28117 10/15/19 $287,000 D.R. Horton to Juan & Susan Berrios, 161 Atwater Landing Dr. 28117 10/15/19 $373,000 D.R. Horton to Elaine Hughes, 153 Longleaf Dr. 28117 10/15/19 $1,495,000 C&H Investments Hold-

ings to Philip & Lori Michaels, 126 Quaker Rd. 28117 10/15/19 $609,000 Michael & Margaret Grecci to Robert & Francesca Troast, 160 Riverchase Ln. 28115 10/16/19 $278,000 James & Christy Burby to Claudia L. Winter, 105 Colville Rd. 28117 10/16/19 $292,000 Luke Edward Steimke to Eric Daniel Bjerke, 148 Foxtail Dr. 28117 10/16/19 $320,000 Tina M. Russo to Richard & Deborah Shutt, 129 Stumpy Creek Rd. 28117 10/16/19 $288,500 NVR to Gabriel Rios, 116 Lanyard Dr. #C 28117 10/16/19 $418,000 Kurt & Krista Gillick to Sandra Beltran, 117 Windy Knoll Ln. 28117 10/17/19 $343,000 D.R. Horton to Chandubhai & Kalpesh Patel, 155 Longleaf Dr. 28117 10/17/19 $1,175,000 Jon & Amanda Hager to Michelle & Cullen Taylor, 300 Ervin Rd. 28117 10/17/19 $1,125,000 Pamela Strandburg to David & Carrie Magazu, 119 Homer Ln. 28117 10/17/19 $669,000 Jeffrey & Stacie Taylor to Paul & Marcia Ginhoven, 106 Magnolia Farms Ln. 28117 10/17/19 $968,500 Clifford & Ashley Phillips to Rodney & Katrina Childers, 1962 Brawley School Rd. 28117 10/17/19 $806,000 Fred & Deborah Zabala to Howard & Ann Suls, 134 Hidden Harbor Rd. 28117 10/17/19 $298,500 Meeting Street Towns II to Patricia S. Shinnick, 108B Certificate St. 28117 10/17/19 $349,000 Eastwood Construction to Swaminathan Shanmugasundaram, 118 Lantern Acres Dr. 28115 10/17/19 $320,000 Cale Phillips to James & Tabitha Burris, 235 Alexandria Dr. 28115 10/18/19 $324,500 Meeting Street Towns II


Business Today

December 2019

O N T HE RECORD

to Sunset Point Merlot LLC, 108D Certificate St. 28117 10/18/19 $565,000 Karen Finkelstein to Jose E. Perez, 137 Tennessee Cir. 28117 10/18/19 $335,000 David & Aimee LeBleu to John & Barbara Bellissimo, 140 Gray Cliff Dr. 28117 10/18/19 $1,185,000 Carl A. Foulks Jr. to David & Jennifer Weaver, 149 Bay Shore Loop 28117 10/18/19 $256,000 Wells Fargo Bank to Epic Living Real Estate Services, 212 Montibello Dr. 28117 10/18/19 $785,000 Dean & Jenniffer Jamison to William & Pamela Babineau, 101 Atlantic Way 28117 10/18/19 $377,000 Francis & Theresa Solarezyk to Jason & Angela Paul, 180 Elizabeth Hearth Rd. 28115 10/18/19 $312,000 Jane S. Korn to Richard & Mary Rose Rafferty, 455 Sundown Rd. 28117 10/18/19 $322,000 Meeting Street Towns II to Dustin & Laura Johnson, 108A Certificate St. 28117 10/18/19 $427,000 Eastwood Construction to Timothy & Corryn David, 206 Bushney Loop 28115 10/18/19 $285,000 Opendoor Property Trust 1 to Dustin Garrett & Megan Campanella, 161 Stallings Mill 28115 10/18/19 $370,500 D.R. Horton to Aimee & David LeBleu, 128 Sweet Leaf Ln. 28117 10/18/19 $307,500 D.R. Horton to Jospeh Olzewski, 191 Atwater Landing Dr. 28117 10/21/19 $323,500 D.R. Horton to Robin L. Bybee, 116 Cup Chase Dr. 28115 10/21/19 $270,000 Robert Bruce Chestnut to Jeremy & Toni Bohonko, 223 Brook Glen Dr. 28115 10/21/19 $350,000 Matthew & Tamara Strong to Michael & Christin Kennedy, 637 Williamson Rd. Unit 205 28117 10/21/19 $685,000 Lawrence & Kelli Harris to Mary Ann & Rodney Price, 287 Digh Cir. 28117 10/21/19 $410,000 Anthony & Lisa Marcus to Lawrence & Kelli Harris, 127 Corona Cir. 28117 10/21/19 $330,000 Michael & Allison Kiser to Rickie & Lauren Cline, 109 Hanson Pl. 28115 10/21/19 $309,000 D.R. Horton to Allen & Alma Pugh, 147 Coddle Way 28115 10/21/19 $430,000 Carl & Sharon Goebelt to Gary & Bonny Craig, 228 Beracah Rd. 28115 10/21/18 $576,000 David & Carmen Dokell

to Svetlana Jewell & Robert Simonian, 127 Great Point Dr. 28117 10/21/19 $352,500 Stephen & Tracie Hummel to Shawn & Amanda Eller, 117 Blossom Ridge Dr. 28117 10/21/19 $340,000 NVR to James & Sherrie Earwood, 163 Beacon Dr. #B 28117 10/22/19 $573,500 Malcolm & Sherrie Clark to Brian & Hannah Jurasek, 112 Sandpiper Dr. 28117

Mary Ann Galindo, 187 Atwater Landing Dr. 28117 10/23/19 $295,000 Kevin & Eva Harvey to David Elenz, 140 Comata Rd. 28117 10/23/19 $420,000 Taylor Morrison of the Carolinas to Brad & Brooke Jensen, 125 Welcombe St. 28115 10/23/19 $675,000 Hidden Meadows Ventures to Foundation Home Residential, 264 Glencoe Ln. 28117

134 Hidden Harbor Road in Mooresville for $806,000 10/22/19 $307,500 Michelle Johnson to Kevin & Kristi Compton, 120 Louden Dr. 28115 10/22/19 $525,000 John & Traci Roberts to Christine & Nathan Mulder, 121 Dabbling Duck Cir. 28117 10/23/19 $277,500 D.R. Horton to Hai Nguyen & Tram Bui, 178 Atwater Landing Dr. 28117 10/23/19 $525,000 Brian & Elizabeth Holzberger to James & Jan Wildman, 356 S. San Agustin Dr. 28117 10/23/19 $1,060,000 Robert & Sara Long to Noelle & Timothy Breuker, 232 Pinnacle Shores Dr. 28117 10/23/19 $266,000 D.R. Horton to Pedro &

10/24/19 $357,000 D.R. Horton to Raymond Hendon & Tenny Pan, 143 Longleaf Dr. 28117 10/24/19 $298,500 D.R. Horton to Sherri Brower, 116 Boatwright Ln. 28117 10/24/19 $300,500 D.R. Horton to Brittany Wilson, 180 Atwater Landing Dr. 28117 10/24/19 $388,000 D.R. Horton to Jennifer & Jason Hughes, 126 Sweet Leaf Ln. 28117 10/24/19 $375,000 Toby & Cynthia Johnson to Carolyn M. Coryell, 573 Canvasback Rd. 28117 10/24/19 $725,000 Richard & Sarah Hawks to Justin & Tracy Reed, 168 Magnolia Farms Ln. 28117 10/25/19 $815,000 Tesh Holding at Lake

17

Norman to Rose E. Vogel, 163 Cooley Rd. 28117 10/25/19 $1,700,000 Joseph & Sabrina Niggel to The Madson Family Trust, 151 Goathill Rd. 28117 10/25/19 $1,487,000 Olindo & Sandra Mare to James & Carol Hadzicki, 106 Wescoe Ct. 28117 10/25/19 $296,500 Melissa & Brian Everett to OP SPE TPAI LLC, 119 Colborne Dr. 28115 10/25/19 $273,500 Eastwood Construction to Leo & Phyllis Lomangino, 190 Waterlynn Ridge Rd. 28117 10/25/19 $396,000 Eastwood Construction to Melissa & William Everett, 193 Bushney Loop 28115 10/25/19 $474,000 Jeffrey & Kathy Duncan to Paul & Jessica Schrock, 206 Country Lake Dr. 28115 10/25/19 $767,500 Cory Novak to Matthew Pescaia, 111 Stonewall Beach Ln. 28117 10/28/19 $1,100,000 Donald & Jackie Munday to Jason & Amy Bumgarner, 256 Shoreline Loop 28117 10/28/19 $268,500 Chad & Jodie Jones to James & Kristina Thompson, 137 Ridgebrook Dr. 28117 10/28/19 $291,500 D.R. Horton to Dalia Lail, 181 Atwater Landing Dr. 28117 10/28/19 $1,149,000 Jason & Bonnie Porter to David & Jennifer Telfer, 169 Sailview Rd. 28117 10/28/19 $516,000 Richard & Cherie Gauthier to Aaron Gunn & Nhia Hang, 128 Sleepy Cove Trl. 28117 10/28/19 $353,000 Eastwood Construction to Richard & Cherie Gauthier, 139 Morden Loop 28115 10/28/19 $1,265,000 Young Ho Lee & Jacqui Venville to Peter Cai & Mel Yu Xie, 211 Knoxview Ln. 28117 10/29/19 $287,000 Austin & Christina Graham to Opendoor Property Trust 1, 1055 Briarcliff Rd. 28115 10/29/19 $723,000 Alan & Bette Schwartz to Brian & Elizabeth Holzberger, 131 Mayfair Rd. 28117 10/29/19 $273,000 Andrew Robson to Bridget Nolan to Cathleen Madden & Brian Ihm, 382 Almora Loop 28115

continued on page 18

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18 December 2019 continued from page 17 10/29/19 $300,000 Kimberly Fahey to Rebecca L. Rowe, 212 Catalina Dr. 28117 10/29/19 $299,500 D.R. Horton to Amanda Mazzuca & Corey Richards, 115 Chance Rd. 28115 10/29/19 $295,500 D.R. Horton to Byron & Deborah Campbell, 149 Atwater Landing Dr. 28117 10/29/19 $372,000 Thomas C. Jennings to Stephen & Andrea Hull, 119 Taylor Ct. 28117 10/29/19 $640,000 Doris Joan Schmidt to Peter Hay, 558 Lakeview Shores Loop 28117 10/30/19 $285,000 David & Sandra Norton to Christine & David Walls, 442 Almora Loop 28115 10/30/19 $455,000 Dana W. Robinson to Brandon & Stephanie Weber, 150 Bath Creek Dr. 28117 10/30/19 $505,000 James & Carla Large to Amy & David Dougherty, 204 Ponderosa Cir. 28117 10/30/19 $269,000 D.R. Horton to Larry Roberts & Jennifer Sinclair, 147 North Cromwell Dr. 28115

More Iredell Transactions online at www.BusinessTodayNC.com

FORECLOSURES 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.

Mecklenburg County No Foreclosures

Past Mecklenburg Foreclosures online at www.BusinessTodayNC.com

Iredell County 10/15/19 Amber E. Cooper, 874 Rebecca Jane Dr. 28115, Dover Mortgage Company $141,780 10/31/19 Clara B. Underwood, 122 N. Sycamore St. 28115, Branch Banking and Trust Company $122,400 11/7/19 Justin J. Baer, 106 Ketchie Dr. 28115, Farell Lemings $162,800

More Iredell Foreclosures online at www.BusinessTodayNC.com

Business Today

O n T he Record

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

Mecklenburg County 10/14/19 8209 Village Harbor LLC, W. Paul Shoczolek, 8209 Village Harbor Dr., Cornelius 10/14/19 Good Property Solutions LLC, United States Corporation Agents, 19110 Long Pond Ln., Cornelius 10/14/19 Sentinel Solutions Inc., Ronald Arthur Wenzel Jr., 10223 Bayart Way, Huntersville 10/15/19 Adjure LLC, James Gracely, 8716 Cool Meadow Dr., Huntersville 10/15/19 Bona Fide Luxury Hair Boutique LLC, Chasya Ackman, 9911 Rose Commons Dr. #E 1643, Huntersville 10/15/19 Mindful Movement Yoga LLC, Kristy Schiano, 16623 Stonecutter Ln., Davidson 10/15/19 MKT Property Investments Inc., Sayra M. Tineo, 102B S. Main St., Huntersville 10/15/19 Superior Home Buyers of the Carolinas LLC, Thomas Fabbricatore, 19033 Peninsula Point Dr., Cornelius 10/15/19 Williams Custom Fabrication LLC, Corey Matthew Williams, 19908 Wooden Tee Dr., Davidson 10/16/19 Elevated Grounds LLC, Robert B. Newkirk III, 19425 Liverpool Pkwy. Ste. A, Cornelius 10/16/19 Finova Group LLC, Shawn D. Gilmore, 12103 Memory Ln., Huntersville 10/16/19 Galaxy Call LLC, Ridgely Genesse Barringer, 17306 Poole Pl., Cornelius 10/16/19 H Street Properties LLC, Daniel Zywicki, 17106 Arkansas Ln., Davidson 10/16/19 North State Medical Properties LLC, Christopher Shane Buckner, 16930 W. Catawba Ave. Ste. 205, Cornelius 10/16/19 NS Denver LLC, Christopher Shane Buckner, 16930 W. Catawba Ave. Ste. 205, Cornelius 10/16/19 Power of Re Inc., Deloria Minor, 18611 Reflection Rock Ct., Davidson 10/16/19 Real Budz LLC, Hoover Gutierrez, 15906 Old Statesville Rd. Ste. A, Huntersville 10/16/19 We All Kin Ent. LLC, Latondra Wilson, 12221 Cane Branch Way, Huntersville 10/17/19 BenCarl LLC, Martin B. Brennan Jr., 10413 Caneel Ct., Huntersville 10/17/19 CBS Team LLC, Craig Robert Lepage, 18067 W. Catawba Ave. Ste. 102, Cornelius 10/17/19 Illustratit LLC, Bonnie Montgomery, 9024 Torrence Crossing Dr., Huntersville 10/17/19 LKN Purple Parrot LLC, James W. Surane, 20460 Chartwell Center Dr. #3, Cornelius 10/17/19 Tru U Wellness LLC, Jessica Marcello, 15815 Hollingbourne Rd., Huntersville 10/18/19 CB Investment LLC, Chrystel R. Bakong, 858 Windy Falls Dr., Huntersville 10/18/19 G Brokerage Commercial Real Estate Inc., John F. Hanzel, 19425-G Liverpool Pkwy., Cornelius 10/18/19 Pure at Heart Ministry, Breah Rob-

inson, 7038 Church Wood Ln., Huntersville 10/18/19 Reeves & Williams LLC, Evadell Reeves, 20619 Torrence Chapel Rd. #116-523, Cornelius 10/18/19 ReNu Contracting LLC, Daniel Pantis, 18001 Dlemas Dr. Unit 2G, Cornelius 10/18/19 Trio Holdings LLC, Melissa Nazziola Price, 514 North Oak Dr., Huntersville 10/18/19 Utility Solutions Group LLC, Bradley J. Preece, 18611 Nantz Rd., Cornelius 10/21/19 Buzz Buds LLC, Dylan Steimel, 20030 Coral Cove Ct., Cornelius 10/21/19 Mount Pleasant SC Fitness LLC, Alan Huggins, 21323 Baltic Dr., Cornelius 10/21/19 RBX Concord LLC, Jeffrey R. Dudan, 107 Parr Dr., Huntersville 10/21/19 Redwood Tax Specialists LLC,

10/24/19 Oxygen Group LLC, Shannon O’Geen, 210 Delburg St. Ste. 203, Davidson 10/24/19 The Herbal Joint LLC, Tamla Boone, 102 South Main St. Ste. D, Huntersville 10/24/19 Treasure Trove Creations LLC, David R. Sayers, 12232 Mayes Rd., Huntersville 10/24/19 YBL Magazine Corporation, Antoinette Scott, 10634 Holly Village Cir., Huntersville 10/25/19 Forget Me Not, Elizabeth McNea, 18833 Vineyard Point Ln., Cornelius 10/25/19 Green Chalet LLC, Kimberly H. Saxon, 9501 Cedar River Rd., Huntersville 10/25/19 Huntersville Counseling Center PLLC, Travis S. Bobb, 16507 Northcross Dr. Ste. F, Huntersville 10/25/19 Lake Boys Marine and Excavating

Tanner Gray Racing LLC, Tanner Gray, Cornelius William Hall, 19720 Jetton Rd. 3rd Floor, Cornelius 10/22/19 Chantelle Jordan Photography, Chantelle Jordan, 11021 Dry Stone Dr., Huntersville 10/22/19 Locke Health LLC, Susan Locke, 16239 Sasanoa Dr., Cornelius 10/22/19 Tink Ink LLC, United States Corporation Agents, 1018 South St., Cornelius 10/23/19 80 West Group LLC, United States Corporation Agents Inc., 22410 Market St. #2427, Cornelius 10/23/19 Envision CAD Services LLC, Victor M. Rodriguez, 103 Carlos Dr., Huntersville 10/23/19 Gen6 Al Inc., Timothy Bell, 9236 John Hawks Rd., Cornelius 10/23/19 NS Statesville LLC, Christopher Shane Buckner, 16930 W. Catawba Ave. Ste. 205, Cornelius 10/23/19 Plane 2 Sea LLC, Thaddeus J. Sargent, 17110 Kenton Dr. Apt. 202, Cornelius 10/23/19 Tanner Gray Racing LLC, Tanner Gray, 18007 Peninsula Club Dr. N, Cornelius 10/23/19 The Summit at River Run Homeowners Association Inc., Richard J. Kline, 215 S. Main St. Ste. 301, Davidson 10/23/19 Tough Decks and Outdoors LLC, Jonathan A. Hayes, 17003 Winged Thistle Ct., Davidson 10/24/19 Core of the Matter LLC, Jesse C. Jones, 209 Dleburg St. Ste. 203, Davidson 10/24/19 Nordic Distribution Inc., Patrick Mertes, 15416 Barnsbury Dr., Huntersville

Services LLC, Harry N. Fisfis, 400 Gilead Rd. Unit 1648, Huntersville 10/25/19 Life Dad LLC, United States Corporation Agents Inc., 607 Marthas View Dr., Huntersville 10/25/19 Nice Sausages LLC, Gillian Jonathas, 5837 McDowell Run Dr., Huntersville 10/25/19 PIIAJ LLC, Rosa Piirce Ajavon, 15382 Leslie Brook Rd., Huntersville 10/28/19 Dees Consulting LLC, Jesse C. Jones, 209 Delburg St. Ste. 203, Davidson 10/28/19 Petra Energy Holdings LLC, Jesse C. Jones, 209 Delburg St. Ste. 203, Davidson 10/28/19 Power Investment Group LLC, Ricky M. Hickman Jr., 8033 Front Park Cir., Huntersville 10/28/19 SR Investment Partners LLC, Steven Radmann, 18652 Town Harbour Rd., Cornelius 10/28/19 Tima Properties LLC, Brandon Mahaffy, 19701 Bethel Church Rd. Ste. 103-310, Cornelius 10/29/19 AltosGroups LLC, Lidia M. Ingram, 9605 Caldwell Commons Cir. Ste. A, Cornelius 10/29/19 Little Farmhouse Baking Co LLC, Lisa Kreider, 14910 Black Farms Rd., Huntersville 10/29/19 MCS Construction Services LLC, Elvin R. Mitchell IV, 400 Gilead Rd. Unit 145, Huntersville 10/29/19 The Vineyard Road POA, Joe Shipbaugh, 18605 Northline Dr. Unit I-3,


Business Today Cornelius 10/30/19 Buying the Carolinas LLC, David J. Decker, 12805 Hopewell Ave. Apt. 302, Huntersville 10/30/19 Kareduar Renovation LLC, Carlos Molina Poleo, 8815 Pinnacle Cross Dr. Apt. 22, Huntersville 10/30/19 Like the Dawn LLC, Amy Blindt, 14028 Timbergreen Dr., Huntersville

More Mecklenburg New Corporations online at www.BusinessTodayNC.com

Cabarrus County 10/14/19 Crosslin Builders LLC, Adam Crosslin, 42 McArthur Ave. SE, Concord 10/14/19 David E. Thome DDS PLLC IX, David E. Thome, 5641 Poplar Tent Rd. Ste. 201, Concord 10/14/19 Southern Point Investments LLC, Southern Point Homes Inc., 3576 Valiant Ave. SW, Concord 10/15/19 Ferreras Neurology PLLC, Herminia Ferreras, 1225 Blackstone Ct. NW, Concord 10/15/19 Fun 2B Fit! LLC, Frank Kaminski, 1139 Lolabridge St. NW, Concord 10/15/19 Gallery LTD LLC, Reza Saber, 446 McGill Ave. NW Ste. A, Concord 10/15/19 It’s a Garden Life Wellness & Spa LLC, Natalie Coleman Patterson, 192 Church St. N, Concord 10/15/19 Kannapolis Universal Smiles Properties LLC, Andrew T. Cornelius, 71 McCachern Blvd. SE, Concord 10/15/19 MB Construction and Remodeling Services LLC, Ismael Meza Bernal, 613 Old Charlotte Rd. SW, Concord 10/15/19 Rooftop Routes LLC, Thomas Magnano, 3855 Longwood Dr. SW, Concord 10/15/19 Ryde Well Autos LLC, James Moon, 349-I Copperfield Blvd. Ste. 328, Concord 10/15/19 TB Transport Inc., Evan Hopkins, 1158 Old Salisbury Concord Rd., Concord 10/16/19 Medcare Transport of NC LLC, Shamaira McCormick, 7039 Northwinds Rd. NW, Concord 10/17/19 999-CLT LLC, Robbie Lewis, 7132 Weddington Rd., Concord 10/17/19 Davis Heavy Haul LLC, Shaquan Kearse, 1135 Timber Pl., Concord 10/17/19 Empire Freight Solutions LLC, Mateo Gomez-Arango, 6957 Ray Linker Rd., Concord 10/17/19 LS Real Estate Investors LLC, Brandon Lynn, 1036 Branchview Dr. Ste. 106, Concord 10/17/19 Roenix LLC, Zachary M. Moretz, 300 McGill Ave. NW Ste. 100, Concord 10/17/19 ROHLL Management Inc., Robbie Lewis, 7132 Weddington Rd., Concord 10/17/19 Silver Paws East LLC, Robbie Lewis, 7132 Weddington Rd., Concord 10/17/19 Venerable Herbs Inc., Chris Allison, 4981 Blackwelder Rd., Concord 10/18/19 Drywall Doctor Inc., J. Javier Herrera Martinez, 2960 Darwin Trl., Concord 10/18/19 Grace Industrial Service LLC, Reginald Robinson, 693 Shellbark Dr., Concord

O n T he Record 10/18/19 RS Express Inc., Jose E. Salcedo, 384 Church St. N, Concord 10/21/19 Arka Heights LLC, Anne Ramana Kumar, 1630 Shadow Creek St. NW, Concord 10/21/19 BMe Designs LLC, Cassaundra Portolese, 1295 Emory Ln. NW, Concord 10/21/19 BME Media LLC, Cassaundra Portolese, 1295 Emory Ln. NW, Concord 10/21/19 Vanguard Advanced Applications LLC, Douglas Donia, 1032 Hearth Ln. SW, Concord 10/22/19 164 Copeland LLC, Stephanie Cooper Roberts, 5620 Concord Pkwy. S Ste. 103, Concord

More Cabarrus New Corporations online at www.BusinessTodayNC.com

Iredell County 10/14/19 Harvest Kitchen LLC, Derek R. Baughan, 126 Westpaces Rd. 28117 10/14/19 SQ Truck Inc., Heriberto Soberat, 177 Galway Dr. Apt. 307 28117 10/15/19 King Colas Formulators LLC, Bruce Nager, 331 Alcove Rd. Third Floor 28117 10/16/19 Bridging Abilities with Compassionate Hearts Inc., Jamie Juska, 106 Colonial Ridge Cir. #12 28117 10/16/19 Superior Building Services Group LLC, Kimberly Lucey, 134 Paradise Hills Cir. 28115 10/17/19 Harborcoat Management LLC, Arthur H. Piervincenti, 631-300 Brawley School Rd. #225 28117 10/17/19 Magoosie LLC, Scott Murphy, 106 Sea Hide Ct. 28117 10/17/19 Newgate Auto Care Inc., Brian B. Mullins, 132 Iron Gate Cir. 28117 10/17/19 Vizzions Hair + Makeup Studio LLC, Haley Visbaras, 591 River Hwy. Ste. 104 28117 10/18/19 LKN Dumpster & Disposal Inc., Jodie Nash, 137 Gannett Rd. 28117 10/21/19 BLS Properties LLC, Matthew Haines, 276 S. Main St. 28115 10/21/19 Notifi Home Inspections LLC, Brandon Morrison, 134 Trotter Ridge Dr. 28117 10/21/19 Omni Abode Foundation Inc., Clark Miller, 103 Turnberry Ln. 28117 10/21/19 PBF Buildings LLC, Gary Williams, 1049 Briarcliff Rd. 28115 10/22/19 Hypnoguidance Inc., Meredith A. Glazer, 211 Pintail Run Ln. 28117 10/22/19 Wildwood Cultivation Inc., Travis Weddington, 17017 Mooresville Rd. 28115 10/23/19 Background Specialty LLC, Gray P. Land, 125 Trade Ct. Ste. F 28117 10/23/19 BG Management Company LLC, Bruce DeLorenzo, 142 Farm Knoll Way 28117 10/23/19 Drop 3 Inc., Brandon Trego, 231 Bay Shore Loop 28117 10/23/19 Elite Sports Nutrition LLC, Travis Barnett, 119 Magnolia Park Dr. 28117 10/23/19 Foundation Homes Rentals LLC, Justin W. Smith, 438 Williamson Rd. Ste. C 28117 10/23/19 Harig’s Harbor LLC, Sabrina Harig, 121 Swamp Rose Dr. 28117

10/23/19 Hunt Contracting LLC, Graham Hunt, 147 Ringneck Trl. 28117 10/23/19 Hwy 3 LCID LLC, Bradley W. Mills, 284 Barfield Rd. 28115 10/23/19 Living Vitality PC, Rajal M. Patel, 150 Fox Hollow Rd. 28117 10/23/19 Morris Enterprises of Lake Norman LLC, Kenny Newell Morris, 12490-C River Hwy. 28117 10/24/19 360 Franchise Group LLC, Jamie Pilgreen, 113 Farm Knoll Way 28117 10/24/19 Southeast Commodity Group LLC, Darrin K. Furr, 693 Big Indian Loop 28117 10/25/19 EMIS PTO, Rebecca Barker, 1711 Landis Hwy. 28115 10/25/19 Gant Consulting LLC, Chad Aaron Gant, 110 Steam Engine Dr. #201 28115 10/28/19 Home Measure LLC, Jason Boeglen, 119 Jonquil Ct. 28117 10/29/19 Alky G’s Soaps LLC, Karice Gibson, 781 Pinewood Cir. 28115 10/29/19 Allied Nautical Services LLC, Steven Marshall Riggan, 524 Beaten Path Rd. 28117 10/29/19 Endless Fitness Studio LLC, Vanessa Berube, 861 Oak Ridge Farm Hwy. 28115 10/29/19 VFW 12187 Richard Warren Mustang Post 53, David Macfeiggan, 148 Aztec Cir. 28115 10/30/19 Canopy Investments LLC, Rolando H. Leal Jr., 100 Canopy Ct. 28115 10/31/19 Blue Ribbon Farm LLC, Chad Johnson, 139 Greggs Woods Dr. 28115

December 2019

19

10/31/19 Elliott Real Estate LLC, Matthew Elliott, 381 Agnew Rd. 28117 10/31/19 Yellow Spring LLC, Robert Mark McFarland, 424 Shinnville Rd. 28115

More Iredell New Corporations online at www.BusinessTodayNC.com

Denver/Catawba 10/14/19 NormanDoodles LLC, Tammy Ross, 6903 Riverwalk Loop Apt. 14, Denver 10/15/19 Certified Building and Management Co. Inc., Robert Eprifania, 7597 Natalie Commons Dr., Denver 10/18/19 Dry Patio Solutions Inc., Michelle Tierney, 1318 Strawberry Ln., Denver 10/21/19 Iron Joe Transit LLC, Joseph Patrick, 7706 Red Robin Trl., Denver 10/24/19 Paragon Construction LLC, Francis A. Esposito II, 174 Highland Woods Ct., Denver 10/29/19 Dark Valley Inc., Matthew Johnson, 2316 North NC 216 Business Hwy., Denver 10/29/19 Serenity Life Solutions Inc., Kayce C. Staehle, 7921 Silver Jade Ln., Denver 10/30/19 Eagle’s Rest LLC, Thomas H. Townson, 3997 Channel Point Ln., Denver

More Denver New Corporations online at www.BusinessTodayNC.com


20 December 2019

Home for the Holidays

18718 Ramsey Cove Drive, Cornelius $257,500

Jane

Roddy All brick townhome in Water Access Community! Quick walk to the dock to launch paddle board or kayak or just to take a dip in the lake. Home has been updated with new floors on 1st floor, new carpet upstairs, and luxury vinyl plank in master bathroom. Kitchen has granite, stainless appliances and breakfast bar. Private backyard is larger than most. The patio and brick pavers create plenty of outdoor living space. Community pool and tennis courts.

704.607.9090

jane.roddy@allentate.com www.janeroddy.com

Business Today

HOT PROPERTIES

For sellers around LKN, upward climb continues Here’s something new for Charlotte residential real estate: We were among the Top 3 US cities in terms of highest year-over-year gains in home resales. Charlotte real estate has not been prone to the stunning rises or declines in the past. After a long period of decelerating price increases, it’s noteworthy that markets improved in September compared to August. It’s too soon to say it’s a trend, but Craig J. Lazzara, managing director and the head of Index Investment Strategy at S&P Dow Jones Indices, said the news is “reassuring.” Charlotte joined Phoenix and Tampa with gains above 4.5 percent. Phoenix led the way with a 6 percent yearover-year price increase, followed by Charlotte with a 4.6 percent gain, and Tampa at 4.5% increase. Once hot markets like San Francisco—minus .7 percent—and New York—plus a scant .8 percent—are either down or flat. The Top 20 US markets averaged out at 2.1 percent year over year, while the national average for all markets was 3.2 percent. It’s good news for Lake Norman sellers, not so much buyers. Fears about an imminent recession have faded considerably and net inmigration continues unabated. Indeed, Charlotte is among the top markets for homebuilders.

After the market crash a decade ago, less than 600,000 residential building permits were issued in 2009, a 26-year low. By 2018, the housing market trended toward recovery, with about 1.3 million building permits issued for apartments and houses, according to ApartmentGuide. In 2005, the number of building permits issued for new hous-

Price Change September to September Atlanta ..................................... 4.0% Boston ..................................... 3.5% CHARLOTTE ................................ 4.6% Chicago ..................................... 0.6% Cleveland ................................... 3.2% Dallas ......................................... 3.0% Denver ....................................... 3.0% Detroit ....................................... 3.6% Las Vegas ................................... 2.9% Los Angeles ................................ 1.7% Miami ........................................ 3.1% Minneapolis ............................... 4.2% New York ..................................... 0.8% Phoenix ..................................... 6.0% Portland ..................................... 2.7% San Diego ................................... 2.8% San Francisco .............................. -0.7% Seattle ....................................... 1.7% Tampa ....................................... 4.5% Washington ............................... 2.7% Source: S&P CoreLogic Case-Shiller

HOT PROPERTY

6418 Stephens Road, Huntersville just sold for $1,440,000. The listing agent was Mark Ramsey & Brian Bain of Keller Williams University City. The buyers agent was Michelle Rhyne of Premier Sotheby’s Int’l Realty. Days on market: 132


Business Today

December 2019

21

HOT PROPERTY

117 Old Post Road, Mooresville just sold for $2,517,000. The listing agent was Jessica Babington and Jodie Widaseck of Trump Internationl Realty. The buyers agent was Mary Anne Michael of Lake Norman Realty. Days on market: 190

ON T HE R ECORD

ing construction was 2.2 million. As of July 2019, there were 773,567 building permits issued for new residential construction nationwide — and it’s expected that new construction rates will continue to climb into in 2020, according to ApartmentGuide. In the first half of 2019, the South saw the highest number of new housing units authorized with a total of 401,814. Western states were home to 196,610 new residences, while the Midwest and Northeast saw the fewest with 101,245 and 73,898, respectively.

Charlotte-Concord-Gastonia, NC-SC

The South is hot, and we’re not talking temperature. The South is home to 38.1 percent of Americans, but 52 percent of all building permits were issued in the South. The region’s population continues to grow steadily, according to the UNC Charlotte Urban Institute. Between 1990 and 2000, the population grew about 25 percent to 3.1 million. Between 2000 and 2010, there were another 600,000 people. As 2019 comes to a close the population is a little over 4 million.

This beautifully restored mill is a Carolina destination that hosts 450 quality vendors and two restaurants, within more than 85,000 square feet! • Antiques & Vintage Goods • Art & Home Decor • Jewelry & Accessories • Military Memorabilia • Mid-century Modern items • American Art Pottery • Fine Collectibles

500 S Main St, Mooresville

13,402

704.746.3636

www.mainantiques.com Source: Apartmentguide.com


Business Today

22 December 2019

New office suite product offers flexibility, image Commercial real estate office brokers say the open floor plans, entrepreneurial tenants and flexibility of co-working space encourages collaboration and connections with likeminded professionals. A recent Yardi Matrix report found that co-working spaces grew almost 62% in the top 20 office markets from 2017 to 2018. Most don’t look like offices. Coworking space might have a staffed front desk, a casual vibe, a big kitchen and a hip design. Co-working spaces don’t feel like regular offices. But coworking spaces might not present the image some tenants want, nor do they offer a secure, private space or around-the-clock accessibility. Now there’s something in between office space and co-working space. Charlotte-based Elevation Real Es-

tate Group has started construction on Focus Office Suites, an alternative office option in Huntersville Business Park. Slated to open next July, the ready-made private and secure suites feature security cameras, high-speed internet connections and kitchenettes with wet-bars. Companies will be able to sign a lease in the morning and move in that afternoon. “There is a need in the market for affordable, professional office space for small- and medium-sized businesses,” said Dante Massaro, Elevation Real Estate Group principal. Over the course of 20-plus years in the real estate market, Elevation received inquiries from clients seeking space that had less-restrictive leasing arrangements and lessunusable space

that larger office complexes have. “In designing Focus Office Suites, we listened to clients who felt that many office buildings were not designed for their needs,” said Elevation architect Chris La Mack. He designed Focus Office Suites with amenities like a reception desk and storage space. There is built-in expansion capability thanks to connecting doors. There are no long-term lease agreements or substantial up-front costs. Tenants choose an available floor plan that fits their needs, sign a lease, set up furniture* and plug in. Everything needed will be behind the secure door – a reception area, storage space, small kitchen with sink, and conference area.

Sunset Cove continued from page 1

reate The Ivey’s in Uptown Charlotte, as well as the Windsor Boutique Hotel in Asheville. The new hotel will be on a par with those luxury properties. The zoning required for the facility to proceed is already in place, as it was approved last spring by the Mooresville Town Board, according to Planning Director Rawls Howard, explaining they will have to submit plans to the town and county for the required

building permits before construction begins. Krueger is aiming for a February 2020 groundbreaking and a summer 2021 opening. The only other lodging facility on Lake Norman is the 1970’s vintage Lake Norman Motel in Sherrills Ford, a no-frills spot near Slanting Bridge Road.

Wis., employs about 2,800 people. It is a subsidiary of Telephone and Data Systems, Inc. [NYSE: TDS], a Fortune 1000 company. Butmaqn also expects TDS to become very involved with the areas they serve. “Wherever we have grown, TDS becomes an active part of the community. Continuum has a terrific—and loyal— employee base. We look forward to leveraging and growing that talent in the region,” Butman said. He is not overly concerned about cable customers who are cutting the cord and dumping cable in favor of internet services. “We believe the future of the cable industry remains extremely bright and we plan to leverage our local scale with national customer care services to win more customers,” Butman said. He pointed to a video platform which offers a robust high-definition channel line-up, and has access to marquee programming such as the ACC network. Butman has more than three decades in the cable business, having joined TDS

in 1985. He held a variety of leadership positions on his way to becoming president and CEO in 2018. “I place great emphasis on ensuring the company delivers high-quality products and services to all our customers throughout the country. At the same time we must always maintain a transparent, diverse and rewarding work environment for all employees,” he said. One of his proudest achievements was serving as president of TDS Metrocom, which became a $250 million business while he was president. Butman earned a Master of Business Administration in Finance from the University of Wisconsin—Madison and an undergraduate degree from the University of Wisconsin—Eau Claire. He has also been featured in numerous articles, including ISE Magazine and InBusiness magazine and was recently named to the 100 Power Players list by Cablefax—The Magazine. “We are very impressed with the growth and expansion in Iredell and Mecklenburg counties respectively and will consider and analyze future opportunities for network expansion in the year ahead as the takeover moves forward,” he said.

and pool, the facility will have a 3,000-square-foot spa complete with a salt/relaxation room, mineral pool, juice bar and an outdoor relaxation area. The spa will have five hotel rooms and it will be open to non-hotel guests as well. Krueger, who worked for MRK Investments for many years, helped recTDS continued from page 1 speed internet, digital cable and phone services to business and residential customers in Iredell and Mecklenburg counties,” Butman said. He plans to invest in infrastructure to gain additional customers. TDS also plans to increase broadband speeds, provide feature-rich residential and commercial service bundles, maintain and enhance network reliability and introduce more sophisticated video entertainment solutions. “These communities value high-tech solutions and TDS is confident demand will rise once we integrate Continuum into the TDS family of companies,” Butman said. TDS is no stranger to acquiring smaller cable systems and making them work better. TDS is a growing force in building and deploying fiber optic networks to deliver up to 1 Gigabit internet speeds to homes and up to 10 Gigabit internet speeds to businesses. At last count, it provides TV, entertainment and advanced phone services for nearly 900 rural, suburban, and metropolitan communities in the United States. The company, based in Madison

Editor Dave Yochum nebiztoday@gmail.com Sales Director Gail Williams gail.todaypubs@gmail.com Production Director Darren Versace production.todaypubs@gmail.com Contributors Erica Batten, Dave Friedman, Cheryl Kane, Dave Vieser, Cathryn Piccirillo Sherman, To Advertise call Phone 704-895-1335 The entirety of this newspaper is copyrighted by NorthEast Business Today, LLC 2019 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. $6 (if available); $4 to mail FAXED ARTICLES - $5 per page PHOTOS - $200 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. 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.

www.businesstodaync.com


September 2019

Video, Voice, Internet, and Lots of Heart. This holiday season, your Video, Voice, and Internet installation will also install some hope in your community. Because we’re donating 100% of your $9.95 installation fee to the Mooresville Soup Kitchen, The Ada Jenkins Center, or the Mooresville Christian Mission. It’s another example of how your local choice is your best choice. For you, and your neighbors. Visit ourcontinuum.com.

LIMITED TIME OFFER

Video Internet Voice

$30 Get Each for Just

per month when bundled for an ENTIRE YEAR

SAVE OVER $900!

• Expanded Basic Cable • 200 x 10 Internet • Stellar Voice Service • Unlimited Data • 30-Day Money Back Guarantee $9.95 • Installation •

(donated to 1 of 3 local charities) No Contracts – EVER!

Get Ultimate Internet for just $20 more per month!

ourcontinuum.com

704-660-3840 Special offer good for new customers in Continuum residential service areas only and expires December 31, 2019. After promotion ends, regular rates will apply. Internet speeds may vary. Taxes and fees are additional. A monthly modem fee of $5.99 is required. Set-top box required to receive some channels. Credit approval and deposits may be required. Promotional pricing will end if services are involuntarily disconnected. $9.95 instal installation fee for up to four existing outlets, one Internet connection and existing phone jacks. Custom installa installation fees may apply. Other restrictions may apply.

Michael

Continuum employee

23


Price Reduced $3,699,000 | The Peninsula | Waterfront Pool & Hot Tub | Huge Views | Private Dock

$2,899,000 | Waterfront Elevator Pool |Cornelius

$785,000| Davidson Hall| 3800 sq ft| Built in 2016 | Master on Main

Price Reduced $3,795,000| Waterfront | Private Dock Located in Cornelius| 1.48 acres | 9400+ sq ft

$399,000| Commercial Lot | Huntersville 1.25 Acres | Zonesd HWY Commercial

$396,000| Stanley | 5 bedrooms 15 mins to Birkdale Village

$2,149,000 | Waterfront | 1.38 Acres 7945 sq ft |Private Dock

$2,199,000 | Waterfront | Cornelius Private Dock | Master on Main

$2,549,000| Waterfront| The Peninsula Private Dock| Elevator | Walk out Basement

$4,000,000| 22 Acres Commercial Land | Stanley, NC Located on HWY 73 near Pilot Knob Road

Under Contract $299,000| Waterfront Lot 1.8 Acres | Gated Community

Under Contract $2,249,000| Waterfront | The Peninsula |Master on Main | Brand New Pool | Private Dock

Lance Carlyle 704-252-0237

Jim Carlyle 704-252-3047

Terry Byars 704-728-9775

Marci Carlyle 704-451-8399

Terry Donahue 321-402-8543

Al Strickland 704-201-7244

Tammy Godwin 704-650-0296

Blaire Cohn 678-591-6621

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

Profile for Business Today/Cornelius Today

Business Today December 2019  

Business Today December 2019  

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