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July 2018 Published monthly
YEARS Business Intelligence for the Golden Crescent: Lake Norman • Cabarrus • University City
NEWS INSIDE THE BUSINESS OF BEER
Southern Grace Distilleries’ Leanne Powell: The Bourbon industry is booming as ‘premiumization’ continues
THE ROAD MORE TRAVELED
Hwy. 73 widening is still years in the future—as development awaits
Volume 17, Number 4 $1.50
Behind bars: Distiller doubles 2017 output
D9 and Eleven Lakes as well as economic developer Ryan McDaniels head up our Newsmakers Breakfast discussion July 11 Page 3
The economic development of the historic downtown district continues with Johnson Y. Bray
BY DAVE YOCHUM Southern Grace Distilleries in Mt. Pleasant is adding a second shift to handle the increasing demand for the awardwinning Bourbon it distills in an old state prison. And half-way through 2018, Southern Grace revenue this year has already surpassed all of 2017, says Leanne Powell,
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CEO of Southern Grace. The distilling industry is booming as “premiumization” continues among booze connoisseurs. Affluent consumers are willing to spend more on quality products. Meanwhile the population growth among adventuresome, drinking-age Millennials is outpacing See Distillery page 22
New head of Sotheby’s LKN is industry leader at 35
END OF AN ERA The new broker in charge at Sotheby’s in Cornelius compares and contrasts the Lake market with Charlotte. Jason Gentry is also president of the Charlotte Regional Realtors Association
Aquesta Insurance, the old OTC-The Lake, has been acquired by NFP Page 8
Judges set for 14th Annual Top Women in Business awards The 2018 judges for Business Today’s 14th Annual Top Women leadership awards include women leaders from the worlds of business and politics in Lake Norman and Cabarrus. All are prior winners and include: Cabarrus County Commissioner Diane Honeycutt; Business Today columnist Cheryl Kane; Cornelius-based Champion Tire executive Shelley Mahl, Cabarrus County real estate agent Dakeita Johnson; events entrepreneur Karen Lawrence; Davidson-based real estate and planning authority Kathleen Rose; Visit Lake Norman Executive Director Sally Ashworth; and Aquesta Bank Marketing Director Laura Engel. The awards will once again honor the region’s most dynamic women in business, community service, education and politics. The winners will be honored at the 14th Annual Top Women Champagne Reception and Mini Business Expo at River Run Country Club. The awards have a tradition of recognizing career achievement, community service and impact. Top Women winners exemplify the contributions women have made to business and the community. “Seeing these successful women year after year shows how much we See Top Women page 10
Transactions Cabarrus 17 Mecklenburg 16 Iredell 18 Foreclosures Cabarrus 19
Mecklenburg 19 Mooresville 19 Corporations Cabarrus 19 Mecklenburg 19 Mooresville 19
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Business Today P.O. Box 2062 Cornelius, NC 28031
2 July 2018
A tale of two markets
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Lake price points higher,but it takes longer to sell Jason Gentry leads the 10-agent branch of Sotheby’s International Real Estate in Cornelius
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BY DAVE YOCHUM The new Managing Broker at Sotheby’s in Cornelius grew up in modest circumstances in Elkin. An industry leader, he gets his work ethic from his father, a truck driver who still puts in 40 hours a week at the age of 71. Jason Gentry at age 35 is the president of the Charlotte Regional Realtors Association, as well as the leader of 10-agent branch of Sotheby’s International Real Estate in Jetton Village, just outside The Peninsula. Across the street is a Helen Adams office, and a block away is the Allen Tate office where luxury agents like Dixie Dean and Anita Sabates hang their shingles. As the head of the Realtors Association, he’s regularly in touch with the heads of other real estate companies as well as political leaders. Gentry describes Sotheby’s as as a boutique real estate firm specializing in the high end, while offering “white glove service” to a wide range of buyers and sellers. It traces its roots to Sotheby’s auction house, founded in 1744. “It’s like Tiffany,” he says, “you get the same service and the same blue box whether it’s a $100 charm or a $100,000 necklace.” Gentry has bachelor of arts (2005) and a bachelor of science (2006) in architecture from UNC-Charlotte, and graduated as real estate and the architecture profession were taking historic nosedives. After stints at a couple of architectural firms he became a licensed broker associate in 2010 and was identified as a Rising Star by the Realtors Association in 2012. Gentry says data around the Lake Norman market are intriguing: - In May the average price point in Lake Norman was $523,167 vs. $299,690 for all of Charlotte, he said. - Total days on market for Lake Norman was 70—for Charlotte as a whole, 38. - Percent of list price received for the lake region was 95.8 percent, vs.
97.5 percent for the entire Charlotte region. - There was a 4.6 month supply of inventory in Lake Norman during May, vs. 2.2 months for all of Charlotte. While prices are higher in Lake Norman, brokers and real estate companies face higher costs because of the days on market (DOM) and the supply of inventory. “Everybody thinks the market is really hot right now,” he says. Well, it is and it isn’t. Anything under $350,000 will likely see multiple offers due to low inventory and strong demand, as well as steady appreciation, the head of the Realtors Association says. But if you’re hitting the MLS above $350,000, the market shifts and becomes hyper local, Gentry says. The luxury market around the lake has experienced a big drop in inventory since the peak in the fall of 2009, when there was a 53-month supply of homes priced at more than $750,000. Inventory in the luxury range is now around 10 months, Gentry says, about the same as pre-recession levels. Sellers in the luxury ranges should be prepared for more haggling. “The higher the price point, the more likely a buyer has the ability to negotiate on price due to the fact that there is more supply…and these homes traditionally take longer to sell,” Gentry says. Demographic segments are behaving differently, too. Baby Boomers are staying in their larger homes and renovating, Gentry says. “People are aging better; this gives them an ability to stay in their homes longer.” In the past, they have moved from homes in the 3,000 square foot range to something on the order of 2,400 square feet. “Now the issue is there’s no inventory…they can’t move because there is nothing for them to move into,” Gentry says. Meanwhile, Gentry hears stories of some Millennials spending $3,000 a month to rent an apartment in Upcontinued on page 3.
Newsmakers Breakfast July 11 taps into business of craft beer
Andrew Durstewitz D9 Brewing Company
Ray Hutchinson Eleven Lakes Brewing
Two craft beer industry leaders, as well as the head of Lake Norman Economic Development, will be the Newsmakers Breakfast speakers July11 at The Peninsula Club. Joining LKN economic developer Ryan McDaniels are Andrew Durstewitz, founder of D9 Brewing Co.and Ray Hutchinson, brewmaster at 11 Lakes Brewing. Both craft breweries are located in Cornelius. More than 6,000 American craft breweries constitute a $26 billion industry. These small local businesses now account for more than 23 percent of the $111.4 billion U.S. beer industry. While total volume of U.S. beer sales fell 1 percent in 2017, craft brewer sales grew at a rate of 5 percent. In Cornelius and Huntersville, brewers are making a positive impact on tourism, not to mention the strip malls and industrial parks where they are located. Olde Mecklenburg Brewery plans to
LKN Economic Development Corp.
build a craft brewery and beer garden just north of downtown Cornelius, which is expected to help with an economic revival centered on a proposed multimillion-dollar arts center. Newsmakers Breakfasts are an 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 buffet-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 cost to attend, $12, includes a full country breakfast. Reserve a seat at 704-8951335 with Visa or MasterCard. The Presenting Sponsor is Corneliusbased G Brokerage, a commercial real estate broker. The Breakfast Sponsor s are Charlotte-based Master Title Co. and Newton Construction Services, of Cornelius. Coffee Sponsors include Carolina Trust Bank, Davidson Wealth Management and Irvin Law, a Cornelius-based real estate law firm.
Gentry from page 2 town Charlotte. There is plenty of lots of new construction inside the inner loop, “but it’s all rentals,” he says When Millennials do enter the market, they’re not going after the lowerprice product, Gentry says, explaining that a young banker was at that moment closing on a $485,000 house—his first house. Often younger buyers are looking for walkability and amenities nearby including restaurants and entertainment. Will prices keep climbing? No one knows for sure. But in Charlotte, prices don’t seem to soar at a dizzying rate,
nor do they crash as hard. Gentry says Charlotte is a “conservative, banker town” where homebuyers tend to be smart investors. “The folks here are more conservative and not willing to participate in that heated demand, but they will participate just enough to get the deal done. That’s good for us.” Premier Sotheby’s International has 40 offices and more than 1,000 agents, mostly in Florida and North Carolina. It’s affiliated with Sotheby’s International which is owned by Realogy Holdings, one of the top real estate ventures in the nation.
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4 July 2018
New director of Concord Downtown has ‘passion for economic development’
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Johnson Y. Bray, who is currently the planning director in Troy, says he was quickly impressed by downtown Concord. “It immediately felt like a place that I could call home,” the new executive director of Concord Downtown Development said. “The City and CDDC have approached economic development in a way that has not only improved downtown but also the entire community. That is the kind of organization I want to be associated with,” said Bray, who will officially become CDDC director July 2. Bray, who is also Main Street coordinator for Troy, a small town in Montgomery County near the Uwharrie National Forest. It’s also the county seat, just as Concord is the county seat of Cabarrus. Bray has a Bachelor of Arts Degree from Virginia Polytechnic Institute and State University with a major in Public and Urban Affairs. He went on to obtain a Master of Public Administration degree with a specialization in Town, City and County Management from Appalachian State University. Bray said the CDDC “offers a platform for me to develop my passions for economic development and public service while immersing myself in the community of Concord.”
He replaces Diane Young, the CDDC’s executive director during the past seven-plus years. During the past 18 years, some $180 million has been invested in downtown Concord, which has a ground floor vacancy rate of 6 percent. “I am excited for the opportunity not only to work in Downtown Concord but also call it my home. I understand the great work that has been done up to this point,” Bray said. “My primary goal is to maintain that momentum and build upon the success,” Bray said.
“It immediately felt like a place I could call home. The City and CDDC have approached economic development in a way that has not only improved downtown but also the entire community. That is the kind of organization I want to be associated with.” — Johnson Bray The CDDC was formed in 1990 to carry out the Main Street program on behalf of the City of Concord. It is an accredited Main Street organization by both the North Carolina Main Street Center and the National Main Street Center.
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BY DAVE VIESER Development along Hwy. 73 near Beatties Ford Road is stuck in the slow lane awaiting a decision on the preferred path for widening the key east-west connector. The road—much of it two lanes— supports commerce and commuters from Lincolnton to Huntersville to Concord and points east. The NC DOT and local towns have talked about widening Hwy. 73 and creating a major east-west thoroughfare from Concord to Lincoln County for more than two decades. Meanwhile, land along the route is poised for development. “As a regional artery, crossing several major highways, Hwy 73 is a fantastic flex space corridor,” said Lisa Dula, a veteran commercial real estate broker in Lake Norman. She expects to see local and regional flex space development proposals once the planning is completed and right of way acquisition begins. The NCDOT has combined what originally were seven separate widening projects from Hwy. 16 in Lincoln County to US 29 in Cabarrus County into one major project, at an estimated total cost of $343 million. The work would include either widening the bridge over the Catawba River or building a second parallel bridge. “Developers have been wisely waiting for the talk to end and the road improvements to begin,” Dula says.
But it may be a while before a final route is known. Preliminary design should be completed within a matter of weeks, according to Wilson Stroud, the DOT’s Project Manager. Next up are public meetings to show the proposed improvements as well as anticipated right of way and easement impacts.” Stroud says the final project design will not likely begin until early next year, with right of way acquisition in 2020, and construction not beginning until 2022. The Beatties Ford Road intersection is especially complex, with several large parcels nearby ripe for development. Before that happens, traffic officials from the town and the state must agree on the new shape for the intersection. According to the NCDOT, Hwy. 73 widening won’t be completed until three or four years after construction begins, which would mean the widening would not be completed until 2025-2026. Dula forecasts new development at major intersections, with Class B space following “to support the residential that has been built in the past two Lisa Dula decades and continues to grow. “
July 2018 7
North Harbor Club could expand banquet facilities in Davidson
With gratitude to our clients who made our recognition possible.
• 2018 Barron’s Top Advisor Rankings: North Carolina, 12th.* • 2018 Forbes Best-in-State Wealth Advisor Ranking, 6th North Carolina.*
The owner of the North Harbor Club in Davidson, one of a handful of lakefront eateries, is considering an expansion plan which would renovate and enlarge their kitchen and also provide larger banquet facilities in an adjacent building. Entrepreneur Sid Morris, the owner of The Lake Norman Co., said a new North Harbor Club banquet facility—if he decides to go ahead with tentative plans—would seat 200 to 300 people. “We’ve already know over the last five years that we have had to turn down a record number of events,” he said. The 15-year-old eatery is located in a low-rise waterfront office complex The Lake Norman Co. owns at Exit 30 west of I-77. If the banquet expansion goes forward, it could open in 2019. The existing parking lot would be sufficient to handle cars from both buildings, though he would be work-
ing with the town to finalize those precise numbers. The Lake Norman Co. specializes in commercial real estate and marina development on Lake Norman. It owns the Waterstreet Seaport building on West Catawba in Cornelius as well as two adjacent marinas and two marinas in Davidson. A restaurant is also under consideration for the Waterstreet building but no plans are imminent. Morris said the marina or boat slip business is “fantastic.” For one thing, they’re building new marinas at about the same rate they’re making new waterfront property. While private individuals can get a permit for a boat slip, there are no more commercial slips being allowed by the Federal Energy Regulatory Commission, which regulates Lake Norman. “This is another banner year with 91 percent rented,” Morris said.
Advisors recognized on these lists typically are the founders of a practice who have remained steadfast and client focused during industry turbulence, mergers, and financial crises. They are passionate about what they do, would do it under any name, and undeservingly, get the credit that their teammates deserve. The rankings are based on data provided by thousands of advisors. Factors included in the rankings were assets under management, revenue produced for the firm, regulatory record, quality of practice and philanthropic work. Investment performance isn't an explicit component
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8 July 2018
Aquesta Financial sells its insurance division
Aquesta Bank headquarters
NFP, one of the nation’s largest insurance brokers, has acquired Aquesta Insurance Services. It is estimated the sale will result in an after-tax gain to Aquesta’s parent company, Corneliusbased Aquesta Financial Holdings, of approximately $1.7 million or 43.1 cents per share. NFP will continue to operate from the current Aquesta Insurance locations, with current employees remaining at the rebranded NFP company. NFP will remain in Aquesta’s headquarters on
Jetton Road for at least a year, but most likely fewer than five years. Aquesta’s own growth as a banking company will impact NFP’s ability to stay on site. The all-cash deal comes from one of the biggest players in the insurance brokerage and consulting industry. NFP, with more than 4,000 employees, is the fourth-largest U.S.-based privately owned broker, and the fifth largest benefits broker by global revenue. The insurance agency it acquired is the old OTC-The Lake Insurance Agency
that was based in Shops on the Green a decade ago. When Aquesta Bank bought Lake more than 8 years ago it grew under the leadership of Denis Bilodeau, now a Cornelius Town Commissioner, and more recently Ken McGee. Aquesta Bank CEO Jim Engel Jim Engel explained the sale: “It recently became clear that a sale of Aquesta Insurance would help Aquesta Bank continue its own excellent growth by providing significant capital enhancement.” The cash proceeds from the sale will be used for general corporate purposes, including but not limited to reduction of outstanding AQFH lines of credit and supplementing the capital levels of Aquesta Bank to facilitate continued growth of the Bank. The results of the sale will be reflected in second-quarter financial results.
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10 July 2018
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Top Women from page 1 continue to see women thriving in the workforce, many in jobs that years ago you would not have seen women doing,” said Cabarrus County Commissioner Diane Honeycutt. “The Top Women Awards sends a message to young girls that the sky is the limit and you have no boundaries. Go for your dreams.” Nominees are often owners, founders or partners of small, medium and large companies or nonprofits. The judges’ criteria includes, in part, leadership skills, progress in achieving business or personal goals, charitable work, length of tenure with an organization, management of important projects and involvement in major programs and events. Applications may be submitted online beginning July 16. Applicants are invited to self-nominate. The essay question this year is simple: Define Success. To be eligible for this awards program, women leaders should be based in the “Golden Crescent,” a business region that stretches from Lake Norman to Cabarrus. They should have a track record that includes impact in their industry, giving back and longevity.
2018 Judges for Business Today’s 14th Annual Top Women Leadership Awards
14 Dianne Honeycutt
Join Business Today as we celebrate the Top Women in the Golden Crescent
CLASS OF 2018
Champagne Reception, Expo & 14th Annual Awards 6 - 9 p.m., Wednesday, October 17 River Run Country Club • 19125 River Falls Drive • Davidson Call 704-895-1335 to reserve seating
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Sponsorships available. Call 704.895.1335. Dakeita Johnson
LKN Chamber Expo moving from Davidson to Huntersville
Lake Norman Expo Floor
Huntersville Mayor John Aneralla says he is excited to have the Lake Norman Chamber Expo come to the new Huntersville Recreation Center in November. A mainstay of spring, the Lake Norman Chamber Business Expo is moving from Davidson College to the $6 million facility in Huntersville Oct. 11, as first reported by Business Today back in April. Companies and non-profits show their game faces at business expos. They’re opportunities to hawk their wares, get a handle on the competition and network with other business owners. There were some 170 exhibitors at the LKN expo June 7 last year. The $6 million-plus municipally owned Recreation Center in Huntersville has two gyms and meeting space on Verhoeff Road, less than a mile west of Commerce Station Business Park. “I’m excited to have people come and experience our new Recreation Center,” said Huntersville Mayor John Aneralla. The facility, which opened in January, has indoor space for a variety of sports, ranging from pickle ball to soccer. The Business Expo, celebrating its 18th anniversary, is the largest business to business trade show in the lake region. Davidson College hosted previous Expos outside of the first Expo held in Cornelius in 2001 and one at CPCC in 2010. “This new location, while smaller, allows our Expo to showcase about 110 businesses in one location. The new recreation center also allows us to capitalize on a larger population and business district than in previous years,” said Bill Russell, LKN Chamber CEO. As in prior years, sponsors will be al-
lowed to choose booth location and a pre-event reception is being scheduled for sponsors only the evening before the Expo. For more information contact the Lake Norman Chamber at 704-892-1922 or visit www.LakeNormanChamber.org.
The new location, while smaller, allows the Expo to showcase about 110 businesses in one location.
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14 July 2018
A balancing act Managing your sales staff includes when to cut Managing a sales force is tough—-note the word force, as in source of power, influence or strength. But if the energies of an individual sales professional are weakening your team or draining you of time and wasting your own energy, you need to redirect that person’s force in a more appropriate direction or release it to self-destruct or fit better somewhere else. Here are some to-do’s around balancing your team: Vigilant Processes Vigilance in fact-keeping may assist you in the balancing act of managing sales professionals. Sometimes in the midst of confronting a problem with a subordinate a manager may be too busy to precisely deal with the issue on the spot—the most urgent need may be to fix it and move the larger process ahead. But it’s important to make time to document and contemplate issues when you see a repeat problem or a sales professional with reoccurring problems. Keep track of facts Because recruitment, selection, hiring, and retaining excellent staff is critical, difficult to do well and expensive, it’s normal to dread the thought of creating a void in the sales force by letting someone go. But being diligent
in documenting situations and making time to put them into thoughtful context can give you options. It can help you create a collective and more accurate view of the root cause of the undesirable situation; it can help you put the impact of the outcome in objective perspective; and it can assist you in implementing high-impact re-training, corrective instruction, or make a purposeful decision. Balance What You See
1. Are you managing individuals in
a sales department, or are you coaching a team? Do you need conforming behaviors or are your professionals allowed autonomy? Your perspective can influence your expectations. 2. Are you working with a highly creative person who frequently finds better ways to do things, or are they breaking necessary prudent policies? 3. Does their behavior toward others create goodwill and synergistic collegiality, or do they create divisive wrangling among peers? 4. Do they display spontaneous inspiration, or a lack of reasonable selfcontrol or low emotional intelligence? Boundaries of acceptable behaviors and activities toward customers, peers, and other staff generally mean after an interaction everyone feels whole, respected, and their dignity is intact. 5. Is an occasional lack of punctu-
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ality due to their conscientiousness toward completing an important task in line with organizational values, or is their chronic tardiness a trademark of carelessness? 6. Does the sales professional tout their high sales numbers but their delinquent completion of paperwork hinders the final process? 7. Is your busiest person really producing, or are they just working in circles? Efficiency can yield effective outcomes, but make sure the activity is organized chaos not just insanely high piles of incomplete work. Be a good problem solver Step one: Define the problem. Without documentation you might lack reliable evidence except for your emotions of frustration and perhaps anger-and that is not a good way to make effective decisions. So document; measure; compare; analyze. Then ask yourself:
1. In context of the whole picture of performance, is the behavior an anomaly or a trend? 2. Is the situation just annoying or is it building momentum? Your historical documentation trail may shed objective light on determining if what is frustrating you is rare-or is it an accumulation of many different situations, each one rare? If you don’t document
you may write off dysfunctional behaviors again and again. 3. Do their actions block others’ success-yours included? 4. Can you discern a pattern of harmful intent or carelessness (willful) or just a lack of awareness (often trainable)? 5. What is the acute and the rippleeffect cost of the undesirable behaviors? Do you ignore them, retrain the person, or take other action? Plan to manage well Don’t risk a ripple effect of negative outcomes in your sales team, organization, and customers. Training staff vs. reprimanding them when awareness is needed can be a low-cost, high reward outcome. And though involuntary turnover is difficult to do, sometimes it is too expensive not to do. Making time to document well so you can contemplate a situation thoroughly later on may add powerful strength to your sales force Cheryl Kane, MBA, PHR, GPHR, SHRM-S CP, 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 Cheryl Kane see in this column, Cheryl welcomes your communication at email: CherylKane@cherylkane.net.
16 July 2018
On T he Record
THIS MONTH TRANSACTIONS……………...16-19 FORECLOSURES……………...… 19 NEW CORPORATIONS……….......19
REAL ESTATE TRANSACTIONS July 2018 - Business Today: These recent property transactions in Cornelius. Davidson and Huntersville were recorded by the Mecklenburg County Register of Deeds.
Mecklenburg County 6/1/18 $231,000 Lisa & Kenneth Bloch two Mark Durstewitz & Christine Hull, 9725 Cadman Ct., Cornelius 6/1/18 $267,000 Vincent & Jennifer Hart to Rober & Crystal Francesconi, 10428 Caldwell Depot Rd., Cornelius 6/1/18 $252,500 SPRIP LLCt Zenon & Beata Beyer, 17907 Crossing Cir., Cornelius 6/1/18 $295,000 Janice Adams to Richard & Elizabeth Lorey, 405 Armour St., Davidson 6/1/18 $700,000 Michael & Kathryn Goldsmith to Yanki & Lara Turner, 19223 Captains Watch Rd., Cornelius 6/1/18 $655,000 Jeff & Elizabeth Lorey to Robert & Dawn-Marie Elder, 19202 Compass Rose Ct., Cornelius 6/1/18 $555,000 John & Carrie Eddleman to Sara & William Hoover III, 12932 Olive Park Dr., Huntersville 6/1/18 $1,100,000 Gary & Sharon Knox to Allan & Sari Farber, 17709 Spinnakers Reach Dr., Cornelius 6/1/18 $625,000 Brian & Sarah Jenests to Jonathan & Melissa Martin, 401 Woodland St., Davidson 6/4/18 $247,000 Clayton & Cortney Ward to Property Owner 6 LLC, 15513 Crossing Gate Dr., Cornelius 6/4/18 $337,500 Jason Wilson to Lui & Tiffany Tai, 8926 Glade Ct., Huntersville 6/4/18 $1,065,000 Brent & Cynthia Belch to John & Chris Wisdom, 21307 Norman Shores Dr., Cornelius 6/4/18 $261,316 Ann & Ronald Griffin Sr. to B&C Investment Group, Unit 402 Cornelius Commerce Center Condominium, Cornelius 6/5/18 $1,750,000 William & Kathryn Adams to Casa Lago LLC, 19506 Mary Ardrey Cir., Cornelius 6/5/18 $359,000 Theodore & Jennifer Marshall to Luis Cortez & Adriana Acevedo, 302 Three Greens Dr., Huntersville 6/5/18 $1,416,000 Bank of America to Max Daetwyler Corp., Lot 1 The Park - Huntersville, Huntersville 6/5/18 $149,000 Kevin & Nancy McKee to Sherry Cunningham, 10649 Trolley Run Dr., Cornelius
6/5/18 $376,000 Allison Rowett & Christopher Sewell to Faithe Andrews-Conrad, 15751 Trenton Place Rd., Huntersville 6/5/18 $1,094,500 Monterey Bay- Charlotte to Jean-Phillips Therrien & Dominique Bradette, 17107 Arkansas Ln., Davidson 6/5/18 $834,000 Tower Inc. to Jonathan & Aimee Cangalosi, 724 Amalfi Dr., Davidson 6/5/18 $235,000 Karen Hennig to Mesa Verde Assets, 17111 Graves Ct., Cornelius 6/6/18 $280,000 Epic Homes to Phonesavanh & Christa Chanthaboury, 20317 Hanoway Dr., Cornelius 6/6/18 $635,000 Todd & Michelle Lautzenheiser to Thomas & Susanne Dissinger, 16616 Redding Park Ln., Cornelius 6/6/18 $373,000 Michael Stroben & Cheryl Medlin to Scott Matheson, 8416 Brentfield Rd., Huntersville 6/7/18 $265,000 Sylvain Nzeyang & Daniele Tsafack to Olsie Robinson III & Jacquetta Elmore, 9718 Cadman Ct., Cornelius 6/7/18 $392,000 Ralph & Patricia Schaer to OfferPad (SPVBorrower1) LLC, 12114 Willingdon Rd., Huntersville 6/7/18 $235,000 Diana Lee to Mary Anne & Michael Cavendish, 18828 Silver Quay Dr., Cornelius 6/7/18 $2,650,000 Mary & David Harry to Christopher & Julie Bennett, 16716 Belle Isle Dr., Cornelius 6/7/18 $355,000 Carol & Arthur Krieg to Mark & Kathleen Golden, 8726 Glade Ct., Huntersville 6/7/18 $254,000 Timothy & Jamie Here to OfferPad (SPVBorrower1) LLC, 6936 Cascade Dream Ct., Huntersville 6/7/18 $260,000 Tyler & Autumn Rusin to Kenneth Baldwin, 20264 Amy Lee Dr. Unit 153, Cornelius 6/8/18 $933,000 Charles & Kristen Mather to William & Pamela Berry, Lot 26 100 Norman Place, Cornelius 6/8/18 $412,000 Dominic & Allison DeSieno to Brendan Schriber, 15117 Hugh McAuley Rd., Huntersville 6/8/18 $391,000 Standard Pacific of the Carolinas to Marcelo & Mina Warner, 15427 Davidson East Dr., Davidson 6/8/18 $650,000 Roy & Dawn French to Gabriel & Alicia Vazquez, 22501 John Gamble Rd., Cornelius 6/8/18 $1,295,000 Ross & Gilliam Agre to Kerry Shafran, 19319 Betty Stough Rd., Cornelius 6/8/18 $488,500 Karen & John Fesperman II to Kellie & Christopher Nowak, 193 Ashby Dr., Davidson 6/11/18 $1,365,000 Gregory & Donna Hoerdemann to MacAdam & Alison Smith, 19701 Bustle Rd., Cornelius 6/11/18 $374,000 Dan & Patricia Land to Thomas & Linda Lowe, 9020 Brentfield Rd., Huntersville 6/11/18 $469,000 Judy & William Kirby Jr. to Jacqueline & Mark Orsini, 217 O’Henry Ave., Davidson 6/11/18 $400,000 Alison & MacAdam Smith to Opendoor Property W25, 14225 Harvington Dr., Huntersville
6/11/18 $357,000 Ian & Jennifer Elliott to Matthew & Morgan Robinson, 6616 Olmsford Dr., Huntersville 6/11/18 $519,000 Matthew & Anne Darlin to Steven & Kristy Crist, 8703 Branchside Ln., Huntersville 6/12/18 $443,500 John & Lydia Cornacchione to Ting-Lun & Tina Chuang, 7801 New Market Ln., Huntersville 6/12/18 $245,000 Douglas Van Den Brink to James Farmer, 10057 Switchyard Dr., Cornelius 6/12/18 $469,000 Epcon Nantz Road LLC to Luigi & Judy La Pietra, 16115 Lakeside Loop Ln., Cornelius 6/12/18 $275,000 Benjamin Warner to Katherine Gridley, 7034 Church Wood Ln., Huntersville 6/12/18 $455,000 Christopher & Kacey Traeger to Michele & Jason Rippy, 12625 Longstock Ct., Huntersville 6/12/18 $275,000 Michael & Linda Gragilla to Jerrad & Rochelle Holloway, 18015 Train Station Dr., Cornelius 6/13/18 $940,000 Thomas & Jennifer Jones to Scott Bavis & Lauren Zavodny, 21901 Satilla Dr., Cornelius 6/13/18 $415,000 Robin Miller to Mauro Cabrera & Nathalie Balao, 7706 Epping Forest Dr., Huntersville 6/14/18 $420,000 Kevin & Stephanie Ealahan, to Andrew & Ashley Sabourin, 9918 Cockerham Ln., Huntersville 6/14/18 $438,000 Garrett & Jeanne Kroll to Laura & Brook Zevan, 15519 Aberfeld, Huntersville 6/14/18 $321,500 Andres & Leslie Arboleda to Alexa Mancillas & Keith Wittmer, 8720 Magnolia Estates Dr., Cornelius 6/14/18 $665,000 Lauro & Delia Mercado to Southside Neighborhood LLC, 15035 Holbrooks Rd., Huntersville 6/15/18 $500,000 Gerald & Sherry Craig to Armin & Ashley Kakas, 11919 Farnborough Rd., Huntersville 6/15/18 $290,000 Patience & Brian Compton to Tomato & Zerek Palmer, 9941 Sky Vista Dr., Huntersville 6/15/18 $492,000 Bradley & Alison Ellison to Michael & Jill Cope, 17015 Winged Oak Way, Davidson 6/15/18 $326,500 Richard & Geraldine Crifasi to Mesa Verde Assetts, 8861 Magnolia Estates Dr., Cornelius 6/15/18 $396,000 William & Julia McKee to McClane &Katie Madden, 13426 Fremington Rd., Huntersville 6/15/18 $783,000 Stewart & Elizabeth Bledsoe to Wade & Lori Hobbs, 736 Concord Rd., Davidson 6/15/18 $360,000 Ulrich & Adele Woher to Gregory & Jennifer Miner, 15400 Tuxford Dr., Huntersville 6/15/18 $349,000 Sean & Brittany Viehmann to Peter & Jaclyn Bourke, 16136 Grafham Cir., Huntersville 6/15/18 $699,500 Classica Homes to Sunil Chandrasekharan Unni & Aparna Nandakumar, 9020 Golden Rock Ln., Huntersville 6/15/18 $296,000 Hunter & Johanna Rob-
bins to Jason McRee, 10212 Victoria Blake Dr., Cornelius 6/15/18 $485,000 Karen & Ronal Lindquist Jr. to Michael & Nora McCormick, 12939 Cadgwith Cove Dr., Huntersville 6/15/18 $399,000 Livia Bottcher & Eduardo Costa to Melody & Robert Parker, 17426 Calverton Rd., Huntersville 6/18/18 $278,500 Anna Rosenlind to Mesa Verde Assets, 8229 Ballymore Ct., Huntersville 6/18/18 $455,000 George & Kimberly Post to Trustees of Davidson College, 219 N. Downing St., Davidson 6/18/18 $438,000 Mark Cowher & Kimberly Krueger to Opendoor Property WS LLC, 1129 Woodhall Dr., Huntersville 6/18/18 $368,500 Gerald Roberts III to Jose & Ana Andrade, 17821 Overland Forest Dr., Cornelius 6/18/18 $288,000 Mark & Cynthia Amatuzzo to Daniel Cardoso & Barbara Araujo, 6925 Church Wood Ln., Huntersville 6/18/18 $332,000 Robert & Denise Curren to Anna Rubin, 16214 Hollingbourne Rd., Huntersville 6/18/18 $465,000 Bryan & Heather Allen to Eric & Marian Tempel,. 11242 Warfield Ave., Huntersville 6/18/18 $348,000 Colin & April Branch to April& Derrick Boulware, 121 Three Greens Dr., Huntersville 6/18/18 $315,000 David & Billie Katherine Hansen to Stacie Thompson, 8510 Lake Pines Dr., Cornelius 6/18/18 $458,500 Anna Rubin to Michael Wenning & Leigh Davy, 12404 Willingdon Rd., Huntersville 6/18/18 $757,500 Temple Day to Randall & Freesia Stein, 13025 and13037 Westmoreland Farm Rd., Davidson 6/19/18 $250,000 John Hearn III to OfferPad (SPVBorrower), 16017 Hollingbourne Rd., Huntersville 6/19/18 $732,500 Peachtree Residential to Andrew & Stephanie Smith, 18029 Bear Track, Davidson 6/20/18 $537,500 John& Cara Stanford to David & Sharon Orr, 16006 Glen Miro Dr., Huntersville 6/20/18 $391,000 Standard Pacific of the Carolinas to Paul & Mary Shingledecker, 15451 Davidson East Dr., Davidson 6/20/18 $569,000 George & Lelia Veltri to Yongyue Chen & Yan Yang, 18418 River Ford Dr., Davidson 6/20/18 $453,000 Damion & Rebecca Pirolli to Justin & Ashley Winge, 9049 Salford Ct., Huntersville 6/20/18 $392,000 Paul & Mary Shingledecker to Glenn & Teresa Lebby, 11730 Kinross Ct., Huntersville 6/20/18 $760,000 Cary & Gina Fishburne to Michael & Kristin Deegan, 13604 Robert Walker Dr., Davidson 6/20/18 $224,000 Fahrudin & Aida Ajanovic to Richard & Kimberly Davis, 18849 Silver Quay Dr., Cornelius 6/21/18 $374,000 Timothy & Heather Schuldt to Elizabeth Sutherland & Craig Mc-
O n T he Record Coy, 8117 Strandhill Rd., Huntersville 6/21/18 $350,000 South Creek Homes to Claudia Ritchie, 17714 Morehampton Ave., Cornelius 6/21/18 $410,000 Amy & Danny Simmons Jr. to Michael & Janice Duggan, 136 N. Lynbrook Dr., Davidson 6/21/18 $407,500 Joshua & Verena CrockerOsborne to Stephen & Brittany Bordes, 2019 Bishops Ct., Cornelius 6/21/18 $700,000 Kaneel Bay Development to Michael & Kimberly Conlan, 20506 Hansels Way, Cornelius 6/21/18 $371,500 Elizabeth McDonald & Steven Schmidt to Franlisa & Stephen Krupa, 537 Delburg St., Davidson 6/21/18 $498,500 Kathleen & John Wages to Steven Taylor, 13315 Robert Walker Dr., Davidson 6/21/18 $419,500 Michael & Amanda Taylor to Shannon VanDeren, 13725 Helen Benson Blvd., Davidson 6/21/18 $350,000 Claude & Nancy Craig to Zane & Allison Elrod, 203 Caldwell Ln., Davidson 6/21/18 $277,000 Carolyn Mahoney, Andrew & Carol Millunzi to Kristen & Levi Barrantes, 10015 Willow Leaf Ln., Cornelius 6/21/18 $795,000 Hugh & Mary Margaret Morrison to Lawrence & Elizabeth Morrison, 19813 Bustle Rd., Cornelius 6/22/18 $375,000 Lisa & Devoe Casagrande to Donna Dudeck, 13419 Hazelbrook Ln., Cornelius 6/22/18 $267,900 Beth Ann Garner to Michael & Tanya Knutson, 14914 Almondell Dr., Huntersville 6/22/18 $459,000 Taylor Morrison of Carolinas to Lee & Laurie Herendeen, 9814 Quercus Ln., Huntersville 6/22/18 $1,645,000 Madeline & Donald McMullen Jr. to Jeff & Deborah Newman, 18213 Mainsail Pointe Dr., Cornelius 6/22/18 $965,000 Brian & Juliana McNeely to Emily Kingsley & Joshua Knichel, 17823 Stuttgart Rd., Davidson 6/22/18 $246,000 Michael & Christa Henry to Crista Renouard, 10028 Caldwell Depot Rd., Cornelius 6/22/18 $265,500 Scott & Cynthia Chapman to Laurie & Ben Winnell, 14128 Holly Springs Dr., Huntersville 6/22/18 $1,685,000 Kaneel Bay Development to Patrick & Karen Schneider, 20315 Norman Colony Rd., Cornelius 6/22/18 $410,000 Christopher & Tracy Landreth to William & Kayla Minton, 14625 Harvington Dr., Huntersville 6/22/18 $368,000 Standard Pacific of the Carolinas to Ryan & Stephanie Giffin, 15447 Davidson East Dr., Davidson 6/22/18 $363,000 Marcus & Kimberley Moore to Timothy & Heather Schuldt, 17311 Lake Path Dr., Cornelius 6/22/18 $250,000 Tammy & Kenneth Hoyle Sr. to Lisa & Stephen Clacherty, 16455 Leavitt Ln., Davidson 6/22/18 $455,000 Elaine Woods to David & Susan Uibel, 17802 Mesa Range Dr., Cornelius 6/22/18 $277,000 Patti & John Sugg Jr. to
OfferPad (SPVBorrower), 16810 Summers Walk Blvd., Davidson
More Mecklenburg Transactions online at www.BusinessTodayNC.com
Cabarrus County 06/01/18 $315,000 Taylor Morrison of Carolinas, Inc. to Cheryl Masters, 4417 Hunton Forest Dr., Concord 06/01/18 $310,000 All 4 U Homes, LLC to Caitlin Hill & Joshua Sullivan, 577 Peigler St., Concord 06/01/18 $313,500 Eastwood Construction LLC to Thomas & Rosemarie Anderson, 3323 Lock Erne Ave., Kannapolis 06/01/18 $485,000 Bailey & Ashley Walker to Joshua Nunley & Leigh Anne Wooten, 8946 Landsdowne Ave., Harrisburg 06/01/18 $259,000 Nicholas & Kelly Lowe to Caliph & Suzanne El, 3323 Linetender Dr., Davidson 28036 06/01/18 $280,000 Century Communities Southeast, LLC to Rhonda Arrowood, 865 Double Oak Ln., Concord 06/01/18 $550,000 William & Carole Purser and Thomas & Deloria Rowell to Bree Properties, LLC, 501 W. NC 24-27 Hwy/. Midland 06/01/18 $278,000 Hodges Family Trust to David & Susan Simmons, 3418 Streamside Dr., Davidson 28036 06/01/18 $315,000 Eastwood Construction LLC to Jon & Sheree Dyer, 2670 Keady Mill Loop, Kannapolis 06/01/18 $349,000 Mattamy Homes to Frank & Janice Sutherland, 2651 Cheverny Pl., Concord 06/01/18 $353,000 D.R. Horton, Inc. to Rekhmina & Jawad Babar, 11258 Trailside Rd., Concord 06/01/18 $362,000 Chad & Tracy Theiry to Divyesh & Sejalben Patel, 2220 Barrowcliffe Dr., Concord 06/01/18 $580,000 Darren & Madeleine Zusack & Silvia Delong to Brian & Heather Lollar, 4500 Branch Rd., Concord 06/01/18 $360,000 Chad & Tracy Chriscoe to Chad & Tracy Theiry, 9864 Fontana Ct., Concord 06/01/18 $285,000 TPM Properties Limited Partnership, Ptnrp. to Gregory Galbavy, 5444 Hammermill Dr., Harrisburg 06/04/18 $280,000 Michael & Herminia Castellano to Joseph & Christina Perna, 531 Sutro Forest Dr., Concord 06/04/18 $310,000 Matthew & Rachael Trebes to Victor & Rachel Sfera, 10336 Fresh Water Ct., Concord 06/04/18 $340,000 Laura Skinner to Mark & Michelle Bigos, 6186 Mountain Vine Ave., Concord 06/04/18 $252,500 Ryan & Rachel Leonard to Kevin & Carolyn Fisher, 2620 Shallow Creek Tr., Mount Pleasant 06/04/18 $3,100,000 Robin & Marsha Hood, Theresa & John Bowles, Merl & Carole Herrin and Poplar Tent Management, LLC to Epcon Poplar Tent, LLC, 9000 Poplar Tent Rd., Concord 06/04/18 $409,500 NVR, Inc. to Tanuj
Adabala & Yamini Kuthuri, 4321 Oldstone Dr., Harrisburg 06/05/18 $315,000 Robert Ciccolella to Don & Toya Ballard, 7315 Waterwheel St., Concord 06/05/18 $365,000 Zaheeruddin Ahmed & Sara Sallat to Jacob Carpenter, 9161 Kensington Forest Dr., Harrisburg 06/05/18 $445,000 M/I Homes of Charlotte, LLC to Jerry & Michelle Jude, 9161 Bluebell Pl., Harrisburg 06/05/18 $346,000 Larry & Christina Rutledge to Theodore & Jennifer Marshall, 1136 Donelea Ln., Concord 06/06/18 $300,000 True Homes, LLC to Jason & Stacey West, 318 Wyndham Forest Cr., Midland 06/06/18 $303,000 Kenneth & Angie Wherry to Jackson Poulson & Dawn Gagnon, 5303 Hackberry Ln., Concord 06/06/18 $265,000 Amos & Erica Darnell to Juvelle Johnson, 2650 Sunberry Ln., Concord 06/06/18 $5,422,000 GRE Properties Concord LLC to Curis at Concord Propco, LLC, property located on the west side of Lake Concord Rd., adjoining All Saints Episcopal Church, Concord 06/06/18 $340,000 Scott & Alissa Deeter to David Reppenhagen, 4396 Bridge Pointe Dr., Harrisburg 06/06/18 $283,000 Damon & Amanda Hudgens to Anne Alphonso, 1802 Independence Sq. Dr., Kannapolis 06/06/18 $266,000 Allen & Sharon Halquist to Charles & Regina Morris and Arthur Eberhardt, 8406 Bampton Dr., Concord 06/07/18 $312,500 JRN, Inc. to Wisdom Realty, LLC, approx. 2 ac. on Cannon Blvd., Kannapolis 06/07/18 $300,000 Spencer & Aurora Swain to Allyson Parker, 682 Judge Pl., Concord 06/07/18 $360,000 Helen Kiser Living Trust to Karen Beal, 8170 Flowes Store Rd., Concord 06/07/18 $315,000 Samuel & Erin White to Amy Rodgers, 15031 Northgreen Dr., Huntersville 28078 06/07/18 $320,000 Christopher & Catherine Bowen to Mitchell & Kelly Reedy, 6313 River Front Dr., Harrisburg 06/08/18 $387,000 Timothy & Shelley Bridle to Benjamin Brill & Brandi Misenheimer, 681 Burrage Rd., Concord 06/08/18 $260,000 Warren & Doris Reisinger to Damon & Amanda Hudgens, 3368 Garrett Dr., Concord 06/08/18 $350,000 Nathan & Martha Suri to Charlotte Home Buyers, LLC, 81 Bridlewood Pl., Concord 06/08/18 $370,000 Avery & Tristin Turner to Shawn & Terryn Oxendine, 1416 Simplicity Rd., Concord 06/08/18 $335,000 Ryan & Tiffany Webber to Jeffrey & Josiefe Demattos, 3783 Burnage Hall Rd., Harrisburg 06/08/18 $363,000 Marc Puchalski to Knock Homes A LLC, 7909 Tottenham Dr., Harrisburg 06/08/18 $365,000 Derrick & Rachelle Adams to David & Sharon Kilburn, 10653
Coronet Ct., Harrisburg 06/08/18 $1,600,000 Donald & Angela Whitaker Whitaker to Achieve SPV 1, LLC, 3661 Richwood Cr., Kannapolis 06/08/18 $258,000 Richard & Heidi Brausch to Chase & Rebecca Harper, 10064 Paisley Dr., Charlotte 28269 06/08/18 $379,000 The Ryland Group, Inc. to Manishkumar Bhagat & Binal Sangani, 2119 Grist Mill Dr., Concord 06/08/18 $405,000 Glenn & Kimberly Thomson to Mona Shaban, 901 Tartan Ln., Concord 06/08/18 $290,000 Robert & Helen Gromm to Gary & Pamela Cline, 8206 Blackjack Oak Ct., Harrisburg 06/08/18 $270,500 Henry & Mary Ryan to Opendoor Property D LLC, 786 Treva Anne Dr., Concord 06/11/18 $742,500 Valley Development, Inc. to Century Communities Southeast, LLC, Lots 120-123, 130 & 259-263 of Cedarvale Farm Subdivision, Midland 06/11/18 $263,000 Atlas Capital Partners, LLC to Justin & Sandradee Harris, 8111 Chatham Oaks Dr., Concord 06/11/18 $415,000 Clint & Brooke Cagle to Joseph & Jill Pascarella, 9864 Flower Bonnet Ave., Concord 06/11/18 $344,000 Jeremy & Lacee Jacobs to Kathleen Zielinski & Jeremy Wagner, 5500 Monticello Dr., Concord 06/11/18 $365,000 Christopher & Lisa Wright to Gene & Lisa Edwards, 10148 Falling Leaf Dr., Concord 06/11/18 $365,000 Lakshminarayanan Kalyanaraman & Swetha Krishnan to Jay & Durga Shanear, 2284 Barrowcliffe Dr., Concord 06/11/18 $290,000 Mattamy Homes to Ruiz Gold Star Family Residence Trust, 2766 Berkhamstead Cr., Concord 06/12/18 $325,000 Andrew & Lisa Kitchen to David & Michelle Allman, 4177 Glen Eagles Ln., Concord 06/12/18 $375,000 James & Marilyn Brinkley to Daniel & Brandi Stephens,2516 Treeline Dr., Concord 06/12/18 $430,000 George & Tess Flowers to Jon-Michael & Kerri Devine, 617 Georgetown Dr., Concord 06/12/18 $600,000 John & Bethany Hutchinson to Ryan & Brianne McAnelly, 3785 Panthers Den Ct., Concord 06/12/18 $420,000 Sara Garrod to Kevin & Ashley Frazier, 8765 Savannah Rd., Harrisburg 06/12/18 $380,000 Jeffrey & Sharon Knight to Timothy & Thresa Scott, 2914 Donegal Dr., Kannapolis 06/12/18 $352,000 NVR, Inc. to Robert & Patricia Black, 2122 Stone Pile Dr., Concord 06/13/18 $305,000 Patrick & Colleen Fitzgerald to Matthew Bodine, 9309 Guildbrook Rd., Davidson 28036 06/13/18 $416,000 David & Jeannie Walton to Jason & Michelle Benoit, 10314 Kirkmont Dr., Charlotte 28269 06/13/18 $385,000 Paul & Kristin Toler to Donald & Maria Ellis, 2090 Feldspar Dr., Davidson 28036
18 July 2018
O n T he Record 06/13/18 $415,000 David & Erin Ostroff to David & Jeannie Walton, 2639 Stonewood View, Kannapolis 06/13/18 $280,000 NVR, Inc. to Jimmy Tant & Tina McCargo, 1754 Scarbrough Cr., Concord 06/13/18 $700,000 David & Courtney Drye to Niblock Homes LLC, approx. 11.6 ac. on Eva Dr. & 3.5 ac. on Albany Dr., Concord 06/13/18 $331,500 Niblock Homes, LLC to Roseann Garrigan, 2362 Ashbourne Pl., Concord 06/14/18 $292,000 Samuel & Lauren Denny to Brian & Karen Hinkle, 1245 Boyden Pl., Concord 06/14/18 $305,000 Niblock Homes, LLC to Thomas & Deaven Niblock, 3400 Eva Dr., Concord 06/14/18 $304,500 NVR, Inc. to Gerrod & Naomi Sinclair, 1509 Scarbrough Cr., Concord 06/14/18 $285,000 Herbert & Lisel Friedmann to Shirley & Allyson Ezell, 2712 Sunberry Ln., Concord 06/14/18 $460,500 Weekley Homes, LLC to Brian Parsley, 10413 Ambercrest Ct., Huntersville 28078 06/14/18 $260,000 Tony & Donna Thomas to MJ Rental I, LLC, 10835 River Oaks Dr., Concord 06/14/18 $436,500 Fred & Jill Trull to Samuel & Lauren Denny, 6375 Hawk Nest Dr., Concord 06/14/18 $400,000 Bonterra Builders, LLC to Courtney Lovett, 10058 Fox Trotter Ln., Midland 06/14/18 $249,000 Timothy & Rebecca Davis to David & Natalie Kubicek, 3838 Bent Creek Dr., Concord 06/14/18 $345,000 Jared & Tracy Hansen to Jared & Jade Heintz, 1431 Bedlington Dr., Charlotte 28269 06/14/18 $307,000 John & Cynthia Avallone to Sudhir & Robita Bhasin, 10950 Trout Creek Pl., Davidson 28036 06/14/18 $252,000 Regina Orr to Stefan Georgiev & Nena Shopova, 1577 Bay Meadows Ave., Concord
More C abarrus Transactions online at www.BusinessTodayNC.com
Iredell County 6/1/18 $440,000 Roddy & Diana Rayl to Benjamin & Josephine Marotta, 143 Mandarin Dr. 28117 6/1/18 $447,000 Todd & Alesia Preece to Kevin Charles Cuddihy, 151 Yellow Jacket Cir. 28117 6/1/18 $550,000 Todd Stroup & Alesia Preece to Julie & Daniel Callan, 174 Gannett Dr. 28117 6/1/18 $1,900,000 Thomas & Harriet Baldwin to Mark & Caroline Wagner, 141 Union Chapel Dr. 28117 6/1/18 $300,500 Taylor Morrison of Carolinas to Detong Wang & Nuan Lin, 113 Torridge Ave. 28115 6/1/18 $390,000 Patrick & Elena Brooks to Steven Iocca & Laura Kerley, 177 Longboat
Rd. 28117 6/1/18 $369,000 D.R. Horton to Meredith Hill, 129 Tomahawk Dr. 28117 6/1/18 $400,000 Jeffrey & Lory Hosack to Sean & Carolyn McGeever, 111 Jib Ln. 28117 6/1/18 $267,000 Brian & Lisa Neel to Cody & Jilliam Campbell, 142 Bald Cypress Ln. 28117 6/1/18 $430,000 D.R. Horton to Brent & Erica Erikson, 150 Canoe Pole Ln. 28117 6/1/18 $492,500 W.C. & Nicole Van Ness to Kathryn & John Dye, 426 Catalina Dr. 28117 6/4/18 $762,500 Peachtree Residential to Julianne Christy, 2590 Brawley School Rd. 28117 6/4/18 $282,000 CalAtlantic Group to William Ocasio & Nelly Perez, 163 Paradise Hills Cir. 28115 6/4/18 $324,000 BMCH North Carolina to Carl & Kate Saufley, 165 Johnson Manor St. 28115 6/4/18 $250,000 John & Christina Sands to Christina Gravinese, 124 River Birch Cir. 28115 6/5/18 $540,000 David & Betty McKay to CKS Ventures, 421 Richard Ln. 28115 6/5/18 $330,000 BMCH North Carolina to Dwight & Elise Shoe, 123 Johnson Manor St. 28115 6/5/18 $405,000 Joseph & Christina Thomas to Glen S. Wheeler, 226 Patternote Rd. 28117 6/5/18 $345,500 Taylor Morrison of Carolinas to Eric & Amanda Rose, 115 Torridge Ave. 28115 6/5/18 $1,761,000 Michael & Paula Dane to Peter & Roberta Hong, 195 Knoxview Ln. 28117 6/5/18 $285,500 NVR to Vanessa & Rances Garcia, 198 Stibbs Cross Rd. 28115 6/5/18 $380,000 D.R. Horton to Keith & Mechelle Allison, 106 Cane Pole Ln. 28117 6/5/18 $568,000 Martyn & Julia Holmes to Brian & Lindsey Wilson, 218 Indian Trl. 28117 6/5/18 $250,000 Robert & Patricia Clontz to Raymond Schlueter & Masako Mori, 137 High Hills Dr. 28117 6/6/18 $650,000 Michael & Nancy Connery to James D. Botta, 164 Ragsdale Trl. 28117 6/6/18 $383,000 D.R. Horton to Keith Austin Johnson, 138 Tomahawk Dr. 28117 6/7/18 $300,000 Jo Ann Gibbs to David & Marsha Goodge, 104 Meadow Crest Ln. 28117 6/7/18 $266,500 John & Kimberly Maddocks to Dennis & Wendy Leccese, 104 Four Seasons Way 28117 6/7/18 $250,000 Brian & Michelle Steager to Matthew & Erica Crane, 389 Presbyterian Rd. 28115 6/7/18 $377,000 Eastwood Construction to Philip & Christina Deppen, 238 Bushney Loop 28115 6/7/18 $460,000 Jeffrey & Jacquelyn Pollard to Jorge & Marixa Gonzalez, 129 Flowering Ln. 28117 6/7/18 $407,500 Amrish & Jyotika Patel to Tyler & Autumn Rusin, 159 Corona Cir. 28117 6/7/18 $355,000 Jeffrey D. Morris to John & Kimberly Maddocks, 132 Monterey Dr. 28117 6/8/18 $360,000 Taylor Morrison of Caroli-
nas to Rebecca Gonzalez & Arlene Mele, 164 Stibbs Cross Rd. 28115 6/8/18 $915,000 E. Davis & Tammy Birmingham to Stewart & Elizabeth Bledsoe, 156 Wades Way 28117 6/8/18 $429,000 Barry & Deborah Dumond to George & Jodie Nash, 137 Gannett Rd. 28117 6/8/18 $460,000 Ralph & Jill Passaro to Brian & Jan Harper, 127 Tea Olive Ln. 28117 6/8/18 $317,000 Tracy & Tonya Wood to Edward & Deborah Hren, 106 Aragon Ct. 28115 6/11/18 $275,500 Lennar Carolinas to Joel & Anna Sweitzer, 142 Sequoia St. 28117 6/11/18 $365,000 David Idol & Jennifer Minton to Eduardo & Jenna Gonzalez, 112 Sunhaven Ln. 28117 6/11/18 $720,000 Michael & Kellie Bickenbach to Brian & Molly Bernarding, 132 Colvard Farms Ln. 28117 6/11/18 $303,500 Eastwood Construction to Melissa & Carol Young, 242 Bushney Loop 28115 6/11/18 $730,000 Eddie & Katheryn Hampton to Lee & Dorothy Waninger, 161 Castles Gate Dr. 28117 6/11/18 $346,000 Taylor Morrison of Carolinas to Rodney Freeman & Jenea Crooms, 160 Stibbs Cross Rd. 28115 6/11/18 $310,000 Christopher & Laura Russell to Eric & Tanisha Williams, 198 Wellshire St. 28115 6/11/18 $305,000 Richard & Terri Smith to Courtney Hamilton, 198 Winterbell Dr. 28115 6/11/18 $548,000 Rodney & Carrie Arnold to The Jennifer Judy Lim Trust, 382 Riverwood Rd. 28117 6/11/18 $309,000 Debra & Thomas Morgan to David & Pamela Kafer, 1060 Briarcliff Rd. 28115 6/11/18 $1,250,000 Grant & Jodi Blair to Mark & Elizabeth Dosier, 139 Heathland Ln. 28117 6/11/18 $448,000 D.R. Horton to Matthew & Lori Gonzalez, 126 Canoe Pole Ln. 28117 6/11/18 $741,000 Sisters Cove of LKN to Peter & Sharon Bouchard, 128 Sisters Cove Ct. 28117 6/11/18 $250,000 Marshall & Kristeena Croom to Michael & Karen Swedick, 613 Kemp Rd. 28117 6/11/18 $665,000 Catherine A. Crepps to Lawrence & Donna Patterson, 134 Chandeleur Dr. 28117 6/11/18 $290,000 Gaspar & Mary Raj to Knock Homes A LLC, 141 Silverspring Pl. 28117 6/12/18 $695,000 Alisha & Gary Wilson to Monica Webb & Brian Lordi, 300 Ponderosa Cir. 28117 6/12/18 $265,000 Jeffrey & Dennis Lipman to Stephan & Melissa Schmidt, 118 Red Tip Ln. 28117 6/12/18 $499,000 Romaine M. Berczek to Rodney & Carrie Arnold, 135 Golden Pond Ln. 28117 6/12/18 $985,000 Michael & Abigail Rapier to Gregory & Susan Nell, 115 Chinook Ct. 28117
6/12/18 $955,000 Daniel & Virginia McDonnell to Paul & Barbara Warnell, 121 Marstons Mill Dr. 28117 6/12/18 $1,071,000 Brian & Michele Elmore to Paul & Julie Ferdenzi, 123 Patternote Rd. 28117 6/12/18 $573,000 Terry & Margaret Thompson to Donald & Grace Murray, 409 Bayberry Creek Cir. 28117 6/12/18 $250,000 Jason & April Swaney to Robert & Rebecca Jablonski, 113 Old Willow Rd. 28115 6/12/18 $518,000 Gus & Brandy Campbell to David Atkins, 234 Honeysuckle Creek Loop 28117 6/13/18 $300,000 NVR to Rynn & Colleen Pope, 192 Stibbs Cross Rd. 28115 6/13/18 $790,000 David & Susan Pierantoni to Scott & Lisa Henderson, 132 Long Cove Ln. 28117 6/13/18 $300,000 D.R. Horton to John & Joanne Yelverton, 109 Chasewater Dr. 28117 6/13/18 $474,000 D.R. Horton to Christopher & Morgan Schill, 118 Canoe Pole Ln. 28117 6/13/18 $326,000 Justin & Kelly Askew to Calin & Kristi Martin, 114 Forest Walk Way 28115 6/13/18 $479,000 Rena E. Pender to Melinda W. Shipley, 1026 Briarcliff Rd. 28115 6/14/18 $289,500 Stephen & Linda Gomberg to Matthew & Lauren Brock, 121 Rougemont Ln. 28115 6/14/18 $280,000 Brian & Gracie Gadeberg to Matthew & Allison Farkas, 143 Spring Grove Dr. 28117 6/14/18 $500,000 Nest Homes to Lynn Brewton, 116 Slocumb Ln. 28117 6/14/18 $466,000 4G Design Build to Eric & Carrie Williams, 179 Webbed Foot Rd. 28117 6/14/18 $543,000 D.R. Horton to Vasiliki Valsamakis, 162 Canoe Pole Ln. 28117 6/15/18 $700,000 Tony & Petra Garlety to James & Linda Halliday, 299 Big Indian Loop 28117 6/15/18 $252,500 Marina P. Latham to RMR & ABI Investments, 100 Ashford Hollow Ln. 28117 6/15/18 $500,000 Jeffrey & Kelly Kent to Jeff & Melissa Sutherland, 690 Normandy Rd. 28117 6/15/18 $410,000 Robert & Sherry Leslie to John Anderson & Lisa King, 120 Rio Vista Dr. 28117 6/15/18 $338,000 Jenelle & Bryan Finger to Colin York & Katherine Fink, 118 Ferngrove Ct. 28117 6/15/18 $333,000 D.R. Horton to Stacy Tucker, 147 Blueview Rd. 28117 6/15/18 $355,000 Heather D. Osborne to Adam & April Rorabaugh, 193 Sparta Dr. 28117 6/15/18 $410,000 Taylor Morrison of Carolinas to Aimee Cooper, 114 Hillston Ln. 28115 6/15/18 $780,000 Matthew & Victoria Rose to David & Jeannelle Horvath, 124 Grove Creek Ln. 28117 6/15/18 $302,500 CalAtlantic Group to Vester & Jennifer Jennings, 114 Empyrean Loop 28115 6/15/18 $603,000 Loyce & Stephanie Baker
On T he Record to James & Tammy Dubois, 108 Brawley Harbor Pl. 28117 6/15/18 $332,500 Matthew & Leah Sauer to NC Property, 114 Arcata Ct. 28117 6/15/18 $408,000 Donna J. Snyder to Nat & Connie Smith, 312 Heritage Pl. 28115
More Iredell Transactions online at www.BusinessTodayNC.com
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 5/23/18 Goeffrey & Jennifer Ginn, 10935 Emerald Wood Dr., Huntersville, Northstar Mortgage $589,350
More Mecklenburg Foreclosures online at www.BusinessTodayNC.com
Cabarrus County 06/05/18 Paul Nash 10830 U.S. Hwy. 601 S., Midland, Wells Fargo Home Mortgage, $150,356 06/05/18 Terry Crowell, 3597 Cold Springs Rd., Concord, U.S. Bank Assn., $52,000 06/05/18 Toye Brown, 4716 Stoney Brook Ln., Harrisburg, Wells Fargo Bank, $171,600 06/06/18 John & Janelle Eads, 570 Bent Oak Tr., Concord, Fifth Third Bank, $91,300 06/07/18 Kevin & April Winkler, 6229 Rose Way Ct., Harrisburg, Wilmington Saving Funds Society, $236,725 06/11/18 Norman & Tracy Pierce, 554 Iron Horse Ln., Midland, PennyMacLoan Services, $309,065 06/12/18 Cecil & Brenna McClenney, 11760 Mount Olive Rd., Gold Hill, Wells Fargo Bank, $154,246 06/12/18 Kenneth & Melanie Shumaker, 1109 Dogwood Park, Concord, JP Morgan Chase Bank, $106,372 06/12/18 David & Astrid Francis, 3050 Hawick Commons Dr., Concord, Ocwen Loan Servicing, $33,777 06/14/18 SAR International Inc., 2260 & 2270 Dale Earnhardt Blvd., Kannapolis, Surrey Bank & Trust, $270,000 06/14/18 Eric & Cathy Lubamba, 3608 McDuff Ct., Harrisburg, Wilmington Savings Fund Society, $161,545 06/18/18 Robert & Nicolett Little, 11021
Bowman Barrier Rd., Mount Pleasant, Wells Fargo Bank, $116,000 06/19/18 Bobby Lambert & Cara Drye, 1721 NW Lexington Pl., Concord, Bank of New York Mellon, $143,000 06/20/18 Timothy & Shawntel Turner, 1260 Farm Branch Dr., Concord, Round Point Mortgage Servicing Corp., $216, 547 06/20/18 James Kouteric & Heirs of Pamela Kouterick, 611 Broad St., Kannapolis, Wilmington Trust, $45,000 06/21/18 Clarence Harris & Darnice Jones, 8959 Happiness Rd., Harrisburg, U.S. Bank Assn., $335,000 06/21/18 Rebecca Parker, 11420 Kluttz Rd., Gold Hill, Federal National Mortgage Assn., $69,000 06/21/18 David & Clara Wiser, 6107 Raintree Cr., Concord, U.S. Bank Assn., $63,750 06/22/18 Vanessa Hall, 10395 Wesson Hunt Rd., Huntersville 28078, Bank of America, $177,608 06/22/18 George Moss, 4928 Atlanta St., Kannapolis, U.S Bank Assn., $86,000
More Cabarrus Foreclosures online at www.BusinessTodayNC.com
Iredell County 05/23/18 Patrick W. Gabriel, 142 Quail Hill Dr. 28115, Bank of America $60,304
More Iredell Foreclosures online at www.BusinessTodayNC.com
NEW CORPORATIONS These businesses have registered with the N.C. Secretary of State.
Mecklenburg County 6/13/18 AHGIE LLC, Nosal & Jeter LLP, 18525 Statesville Rd. Ste. D-02, Cornelius 6/13/18 Demi Mabry Photography LLC, Demi Mabry, 200 Pinehurst Ct. #213, Huntersville 6/13/18 JaCern Transit LLC, Anthony M. Davis, 21309 Cornelius St., Cornelius 6/13/18 Joyful Sun Landscape and Design LLC, Regan Murphy, 3617 Catherine Creek Pl., Davidson 6/13/18 Life Song Christian Fellowship, John Rigney, 12127 Willingdon Rd., Huntersville 6/13/18 Thunder Road Investments LLC, Kayce C. Staehle, 16905 Northcross Dr. Ste. 100, Huntersville 6/14/18 1606/8 Larkin St LLC, John D. Wagoner, 19132 Lake House Pointe Dr., Cornelius 6/14/18 Caramel Chic LLC, Joanna Sobjanek, 20311 Chartwell Center Dr. #54, Cornelius 6/14/18 Christopher Thomas LLC, Charles C. Adkins, 9620 Sherrill Estates Rd., Hunters-
ville 6/14/18 EnterSection Brands LLC, United States Corporation Agents Inc., 3592 Catherine Creek Pl., Davidson 6/14/18 Force Fitness LLC, United States Corporation Agents, 15006 Marymont Ave., Huntersville 6/14/18 Kekoa LLC, United States Corporation Agents, 12706 Cliffcreek Dr., Huntersville 6/14/18 Lokal Tribe Spa LLC, Amy Hamilton, 6644 Park Meadow Pl., Huntersville 6/14/18 Ministry Nutz and Boltz LLC, Deborah M. Wilson, 20311 Chartwell Center Dr. #724, Cornelius 6/14/18 National Veterans & Disability Advocate LLC, Peter J. Todaro, 13240 Reese Blvd. W, Huntersville 6/14/18 Puzzles from the Past LLC, Allison Hamme, 19339 Peninsula Shores Dr., Cornelius 6/14/18 Sun Health Solutions Inc., United States Corporation Agents Inc., 11121 Asbury Chapel Rd., Huntersville 6/14/18 Wood-Dog LLC, United States Corporation Agents, 13425 Hiwassee Rd., Huntersville 6/15/18 Argo Services Inc., United States Corporation Agents, 1212 Torrence Cir., Davidson 6/15/18 Barnabas Capital LLC, James Cooper, 19520 W. Catawba Ave., Cornelius 6/15/18 Coddle Creek Capital LLC, John E. Allen Jr., 14632 Holly Springs Dr., Huntersville 6/15/18 Electek Inc., Tricia Negri, 19207 Coachmanâ€™s Trace, Cornelius 6/15/18 Fantastic Maids LLC, Wagner Gaspar, 805 Hunters Rd., Huntersville 6/15/18 Hawk Mobile AUD NC PLLC, Del Lynn Hawk, 17536 Harbor Walk Dr., Cornelius 6/15/18 In-Sync Couples, Kenyon Harris, 8206 Rolling Meadows Ln., Huntersville 6/15/18 Interventional Orthopedics and Restorative Medicine Specialists PLLC, Michael John Meighen, 8712 Lindholm Dr. #302, Huntersville 6/15/18 Modives Corporation, United States Corporation Agents Inc., 13502 Long Common Pkwy., Huntersville
More Mecklenburg New Corporations online at www.BusinessTodayNC.com
Cabarrus County 6/12/18 X2C Carriers Inc., Carlton Holmes, 1749 Red Bird Cir., Concord 6/13/18 Experience Exposure Foundation Inc., DeVonte Williams, 7905 Waterway Dr. NW Apt. 303, Concord 6/13/18 Mighty Logistics LLC, Angel R. Juarez, 1208 Doncastle Ct., Concord
6/13/18 SMP Consulting Inc., Stacey Pilczak, 1091 Matchstick Pl. SW, Concord 6/13/18 Strong Walls LLC, Guillermo Ayala, 3814 Weejuns Dr., Concord 6/14/18 Agile2advance LLC, Ashley D. Vance, 371 Havenbrook Way NW, Concord 6/14/18 K. Rene Boutique LLC, Rasheeda Parker, 1217 Hydrangea Cir. NW, Concord 6/14/18 My Safe Harbor Inc., Wayne L. Parks, 4478 Fawnbrook Ave., Concord 6/14/18 Pasture Holdings LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S Ste. 103, Concord 6/14/18 QC Distributing Group LLC, Scott Moore, 298 Church St. N, Concord 6/14/18 RCI Trucking LLC, Robert Eric Allen, 668 Wilshire Ave. SW, Concord 6/14/18 Residential Property Solutions LLC, Marshall Bailey, 3 Union St. S Ste. 210, Concord 6/14/18 Royanah LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S Ste. 103, Concord 6/14/18 Sacred Plant Wellness LLC, Kelly W. McQueen III, 6587 Derby Ln. NW, Concord 6/15/18 Julie Haldane LLC, Jon-Michael Devine, 8410 Pit Stop Ct. NW Ste. 150, Concord 6/15/18 Old Glory Power Wash LLC, Andrew J. Dollar, 2550 Parks Lafferty Rd., Concord 6/15/18 Whatâ€™s the Move LLC, Tammy Lanier, 3120 MBA Ct., Concord
More Cabarrus New Corporations online at www.BusinessTodayNC.com
Iredell County 6/13/18 Reel Shine Inc., Brian Kirchner, 109 Crimson Orchard Dr. 28115 6/13/18 Sailview LLC, William A. Chase, 119 Sailview Rd. 28117 6/13/18 Toy Curator Media LLC, Katherine Snider, 1116 Pine St. 28115 6/13/18 Voyvoyage Travel Group LLC, Aundrea Smallwood, 111 Bradberry St. 28115 6/14/18 Anointing LLC, Cassandra Leazer, 154 Flanders Dr. 28117 6/14/18 Diloris LLC, Herbert L. Wettreich, 531 Big Indian Loop 28117 6/14/18 Mooresville Motor Cars LLP, Andrew S. Thompson, 109 Wrangell Dr. 28117 6/14/18 NDC Partners LLC, Laura Chilcoat, 149 Clipper Ln. 28117 6/14/18 Southern Truck and Equipment Leasing LLC, Mark Dancy, 142 Mangum Cir. 28117 6/14/18 Sunset Cove Partners LLC, Robert Joseph McCreary, 110 Ventana Ct. 28117 6/15/18 Hoppin Greenville LLC, Richard S. Moyer, 132 Jade Ct. 28117 6/15/18 PDM Properties LLC, Diane Denicola, 141 Cedar Woods Dr. 28117
More Iredell New Corporations online at www.BusinessTodayNC.com
20 July 2018
H OT PROPERTIES
Home prices continue their upward climb in Charlotte
b r e a k f a s t
The Business of Beer Wednesday, July 11 Sold for $2.95 million: This Nantucket mansion at 19129 Peninsula Point was listed at $3.1 million by Lance Carlyle of Carlyle Properties and sold in 19 days. Catherine Webb of EXP Realty represented the buyers.
RAY Andrew Durstewitz HUTCHINSON D9 Brewing Company
Eleven Lakes Brewing
LKN Economic Development Corp.
The Peninsula Club 19101 Peninsula Club Dr. $12 Includes Breakfast 7:30 am - 9:00 am Presenting Sponsor:
Home-price gains moderated just a little in April, a sign that the hot, hot market for mid-priced homes may be one-word hot, thanks (or no thanks) to rising mortgage rates. A new Case-Shiller report says Charlotte home prices rose .8 percent April over March, vs. 1 percent March over February. Compared to last yearâ€™s prices, April home prices rose 6 percent from last year.
Itâ€™s a different story in Seattle where home prices rose 2.7 percent April over March, and 13.1 percent year over year, according to Case-Shiller, a unit of Dow Jones. Seattle leads the nation in both yearover-year and month-over-month home price gains. The only other metro areas with double-digit price growth from a year earlier in April were Las Vegas at 12.7 per-
H ot Properties cent and San Francisco at 10.9 percent. The Charlotte market has a history of gentler increases and more moderate declines in the housing price cycle. Prices in New York City, once one of the hottest markets, are down .6 percent April vs. March, according to Case-Shiller. Looking back to the peak of the boom in 2006, 10 of the 20 cities tracked by Case-Shiller are posting higher than their peaks—and the same number are below their 2006 peaks. Inflation-adjusted prices show only Dallas, Denver
and Seattle are ahead of 2006 levels in real terms, suggesting there’s still upward mobility for the rest of us, including Lake Norman and Cabarrus. “The national index is 14 percent below its boom-time peak,” says David M. Blitzer, Case-Shiller managing director. Las Vegas, the city with the longest road to a new high, is still 47 below its peak when inflation is factored in. The ongoing diminished supply of homes for sale is continuing to support price gains here and in major cities.
Summer is Here! Are You Ready?
141 Agnew Road sold in 6 days for $880,000
A 4,487-square-foot lakefront house at 141 Agnew Road off Brawley School Road has sold for $880,000 after being listed at $885,000 by Marie Conway of Re/Max Executive. The selling agent
was Tammy Kennedy of Tarheel Realty. The house, which has views from most of the rooms, sold in six days.
SOLD ONE Home a DAY in 2017!
Yours Can Be Next!
21330 Olde Quarry Lane
An “Olde World” home in a gated neighborhood has sold for $888,750 after being listed by Neal Crites of Crites Properties at $899,000. The house at 21330 Olde Quarry Lane, has two fireplaces, a chef’s kitchen, solid oak doors throughout and a three-car garage. The 4,148-square-foot home sits on a third of an acre in the Shadowcreek subdivision. The tax value of the house is $735,000. The buyers were represented by Pam Boileau of Ivester Jackson
18231 Mainsail Pointe Drive
A lakefront home at 18231 Mainsail Point Drive in The Peninsula has sold for the list price of $1.645 million after just one day on the market. The house, which has a total of 4,958 square feet on two levels, has a tax value of $1.357 million. Dixie Dean of Allen Tate had the listing. Reed Jackson of Ivester Jackson represented the buyers.
22 July 2018
Editor Dave Yochum firstname.lastname@example.org Sales & Marketing Director Gail Williams email@example.com Vice President of Revenue Chet Barksdale firstname.lastname@example.org
Head Distiller Sebastian Correa overseeing both stills at Whiskey Prison
Distillery from page 1 the general population. And the explosion in craft distilleries is showing no signs of slowing down. Ten years ago, there were roughly 50 craft distilleries in the United States. Today, there are more than 750, according to the American Craft Spirits Association. Southern Grace launched in Concord in 2014. “At that time, we were the 19th in the state,” says Powell, who was chief of staff for former U.S. Rep. Larry Kissell. “Now there are close to 80.” Southern Grace moved to the old Mt. Pleasant prison in 2016 when economic developers were looking for a business that would tap into an abundant water supply. “Some people thought it was a long shot, but we made it work ,”says Powell. Getting a genuine bourbon distillery up and running isn’t cheap. “We pumped almost $1 million in 2016 when we rehabbed the former state prison in Mt. Pleasant,” Powell said. She has recently expanded the distribution to Connecticut, Oklahoma, Illinois, Louisiana and Minnesota. Southern Grace is also becoming a tourist attraction, more good news for the Mt. Pleasant economy. Southern Grace is a regular stop on familiarization tours for travel agents and writers: The “Whisky Prison After Hours Tour” July 6 was sold out at $19 per person. Bourbon is an American thing, like genuine Champagne is from a particular region in France. “Most people don’t realize it, but by law, bourbon sold in the U.S. must also be produced in the U.S.,” Powell said. Bourbon, made with at least 51 percent corn, is amber in color and a little sweeter and heavier than other whiskies. Tax changes gave the industry a boost. The federal tax overhaul which went into effect this year created a tier system of taxes, lowering the excise
tax on the first 100,000 gallons of distilled spirits from $13.50 per gallon to $2.70 per gallon. According to the U.S. Distilled Spirits Council, this is the first time the excise tax on distilled spirits has been lowered since the Civil War. On the flip side, a trade war between the U.S. and Canada is unfolding. Ottawa’s new 10 per cent tariff on American whiskey could force bourbon aficionados in Canada to shell out more for a drink, or switch to a domestic blend. Meanwhile, Statesville-based Southern Distilling has landed a Double Gold Medal from the Great International Spirits Competition and a Gold Medal from the Los Angeles International Spirits Competition. There were more than 300 entries from some 100 distilleries nationwide. Southern’s $4 million distillery is off I-77 near the Statesville line. Statesville was the “liquor capital of the world” in the 1880s. Prior to prohibition, the city was widely known for the production of high-quality whiskeys and bourbons. Hundreds of local farm distilleries and some of the largest spirits wholesalers in the East called Statesville home from the 1880s to the early 1900’s. Statewide prohibition came in 1909, putting an end to the industry here. Powell says changes in North Carolina laws have been a game changer. The craft beer industry has taken off, too, creating an economic development boom, especially in hip, downtown districts with a ready supply of Millennials. Distilleries and breweries can be equally expensive, but distilleries that make aged products have to invest years into aging—and warehousing.
Production Director Darren Versace email@example.com Contributors Melissa Atherton, Erica Batten, Dave Friedman, Cheryl Kane, Dave Vieser, Cathryn Piccirillo Sherman, Vickie Weant Phone 704-895-1335 The entirety of this newspaper is copyrighted by NorthEast Business Today, LLC 2018 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. $1.50 (if available); $4 to mail FAXED ARTICLES - $5 per page PHOTOS - $100 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 firstname.lastname@example.org. 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 email@example.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.
• Provide a full day of fun for kids in Big Brothers Big Sisters • Raise money for an efﬁciently run non-proﬁt • Recruit mentors for children in BBBS
Rotary Club of North Mecklenburg
Jim & Carolyn Duke
Bill & Ericka Cain
CAPTAINS & COMMANDERS: Advance Wealth Strategies • Frank & Lynn Manis • Range at LN & Denver - Brian & Tricia Sisson • Duke Energy • Bank of America • Alpha Graphics • Christopher & Robin Davis • KS Audio Video • McIntosh Law Firm • CEENT/Dr. Miltich • Lake Norman Kiwanis Club • Eleven Lakes Brewing • Dobi Financial • Pure Fishing - Neil Eibler • Payroll Plus • Park Avenue Properties - John Bradford • Jeff & Nancy Tarte • Paul Newton • Bentz & Associates • Lake Norman Realty - Abigail Jennings • Brent & Amy Sparks • O2 emc / O2 Energies/Joel Olsen • Morningstar Storage of Cornelius SKIPPERS & MATES • Alton’s Kitchen • Dan and Tracy Stehle • Denis & Chantal Bilodeau • Rose Associates - Kathleen Rose • Margaret & Blair Boggs • Woody & Sharon Washam • Dixie Dean • Thom and Susan Tillis • Gary and Tracy Davis • Tom and Gail Belousek • Sid Morris • Dressler’s Restaurant • Dave and Dee Gilroy • Merrill Lynch - Tom Francomano • Greg and Anne Wessling • Chaz Beasley • Pamela Martin • Helena Lamb • Integrity Heating and Cooling • Thurman Ross • James Hicks • Brian Harris and Scarlett Hays • John & Pamela Crutchfield • Bob & Lois Watson • Tom & Ann Dutton • Chris and Sally Ashworth • John and Nancy Aneralla • Eric Worthington • Karen Tovar • Marvin & Carol Lee • Pat Cotham • Andrew Fellows • Marvin & Vicki Lich • Patrick Penuch • Wendy Hartley • Sean Travis • Rob Bennett • Randy Stephenson • Max Yochum FOOD & BEVERAGE VENDORS: Big Bite’z Grill, Brickhouse Tavern/Port City Club, Harvey’s In Cornelius, Midwood Smokehouse at Birkdale, Tenders Fresh Food, Dressler’s, Alton’s Kitchen, Mama’s Pizza
for 14 years
$2,599,000 | The Peninsula | Waterfront Pool & Hot Tub | Huge Views | Private Dock
$1,299,000 | Waterfront Lot Huge Views | Located in Cornelius
$1,199,000 | On Golf Course | The Peninsula| Pool & Hot Tub | Beautiful Kitchen
Luxury Condos in Cornelius | Approx 3000 sq ft Construction has begun | Available Spring 2019
$899,999| Waterfront | Mooresville Private Dock | 5000+ sq ft | Built in 2016
$3,199,000 | Waterfront | Cornelius Private Dock | 4 Car Garage
$4,2000 | Waterfront | The Point| Pool & Spa 4+ car garage |13,000+ sq ft
$1,499,000 | Golf Course | Pool & Hot Tub Amazing Kitchen | The Peninsula
1,399,000| 6.29 Acres| Built by Ken Bealer 4 car garage| Pool | Covered Patio
$909,999 | The Peninsula | Boat Slip 2 Bedrooms on the Main | Room for a Pool
Coming Soon | The Peninsula | Waterfront Private Dock | Master on Main
$1,590,000 | 0.66 acres | Waterfront Lot Just off Jetton Road in Cornelius
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
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