Page 1

Get your news online!

15

Business Today NC

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

NEWS INSIDE ROOM AT THE INN

@businesstodaync

March 2018 Published monthly

Volume 16, Number 12 $1.50

LPGA is a coup for River Run North Meck

mayors collaborate

The Web.com Chiquita Classic—a developmental tour for the PGA Tour— was held at River Run from 2013 to 2015. Since then the club has undertaken a thorough renovation of the course that has received national attention. The last time the LPGA held a tournament at a Lake Norman course was the Fieldcrest Cannon Classic at The Peninsula Club, from 1995 to 1997. It was big news back then. The Home Depot Invitational on the Champions Tour was played at the Quail Hollow Club (1983-1989) and at the TPC at Piper Glen (1990-2001). Symetra Tour alums own a total of 418

BY DAVE VIESER A few years ago it’s a sight one would have never seen: The mayors of Huntersville, Cornelius and Davidson sitting side by side in front of the region’s movers and shakers pledgKNOX ing to work together. Yet, that’s precisely what a record crowd heard at the Business Today Newsmakers Breakfast in February. “Healthy comWASHAM petition is OK but for too long our towns had adopted the attitude that if something good happens in one town, it’s a loss for the others,” said Davidson Mayor Rusty ANERALLA

See River Run page 18

See North Meck Mayors page 19

The new owners of the Davidson Inn are hoteliers through and through Page 2

WORKFORCE HOUSING

With soaring property values where will the workers Page 3 live?

REVALUATION Mecklenburg’s tax reval will impact commercial and residential alike

Page 8

UP YOUR SALES

HOT PROPERTIES

Hands-on steps to take to Page 9 build sales

Pages 21

RECORDS

Transactions Cabarrus 14 Mecklenburg 15 Mooresville 16 Foreclosures 15615 June Washam Rd, Da16 vidson sold for $1.145 million Cabarrus

Mecklenburg 17 Mooresville 17 Corporations Cabarrus 17 Mecklenburg 17 Mooresville 17

www.businesstodaync.com

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

Continuum trims costs as net slips in new fiscal year

BY DAVE YOCHUM The Symetra Classic at River Run Country Club will pump between $500,000 and $750,000 directly into the local economy. The overall economic impact will be considerably higher in light of spending at restaurants and entertainment. Set for May 17-19, the Symetra Classic is one of the marquee events on the Symetra Tour, which is the official qualifying tour for the LPGA. Over the course of 2018, the women golfers will compete in 22 events. The top 10 finishers automatically earn their cards for the 2019 LPGA season. Nearly 150 players will compete over 54 holes Thursday through Saturday.

Credit: Scott A. Miller

DATED NEWS - POSTMASTER PLEASE DELIVER BY 3/03

THE CABLE BUSINESS

Allison Emrey: Charlotte native on the Symetra Tour

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

Page 6


Business Today

2 March 2018

Entrepreneurs

New innkeepers take hospitality to heart

​Hoteliers: Mariano and Caroline Doble bought the Davidson Village Inn

BY KATIE PICCIRILLO SHERMAN The new owners of the Davidson Village Inn, Mariano and Caroline Doble, say hospitality comes from the heart. “It runs in your veins…and when properly executed, it’s marvelous and contagious,” Mariano says. The Marianos purchased the charming 18-room boutique hotel in October for an undisclosed amount. Mariano Doble would not say how much he paid for the business, but Mecklenburg County property records indicate the property itself changed hands for $2.585 million. With an average occupancy rate of 76 percent—and an industry that’s guaranteed to not be off-shored—the hotel business is good. Being a block from a revenue-generator like Davidson College is icing on the cake. “We create a hospitable environment by recruiting and retaining a team of people that is truly hospitable, that nurtures, promotes and exemplify this culture in everything they do,” Mariano says. They’ve already repainted rooms and improved the wireless network. There are new breakfast and tea offerings. The Dobles, who by nature are gracious and hospitable, both graduated with degrees in hospitality; Mariano from Florida International University and Caroline from St. Thomas University.

Caroline has worked for Intercontinental Hotels, Ogden Aviation, The Fontainebleau Hilton, Loews L’Enfant Plaza and Casa de Campo Resort. Mariano held a range of positions— from front desk clerk to general manager—at properties like Jaragua Resort & Spa, The Alexander Hotel, The Castle Hotel, Casa de Campo Resort and Boca Chica Resort. He spent several years working at international posts in the telecommunication industry, but longed to return to hospitality. Their decision to purchase Davidson Village Inn had a lot to do with finding the right boutique property with an excellent reputation, strong occupancy and mild weather. “Caroline and I were looking to return to our hospitality roots and initially pursued a property close to the beach,” says Mariano, who is originally from Puerto Rico. The Dobles say Davidson has been idyllic. “From working with the Clark’s [the previous owners] and Town Hall to partnering with Davidson College and local corporations and businesses, everyone’s been very welcoming,” Mariano says. “We would like our customers to arrive as guests, stay as friends and return as family,” Mariano says.


Business Today

March 2018

Newsmakers Breakfast

Share The PASSION

Affordable housing: What’s the impact of rising property values Affordable housing—better known as workforce housing in the world of economic development—will be the topic of the Business Today Newsmakers Breakfast March 21 at The Peninsula Club. Workforce housing is a term used by planners and economic developers to describe suitable living accommodations for people like first responders, single parents, teachers and service workers whose income is not high enough to secure quality housing ​near their jobs. While soaring property values may seem to enhance all demographics at first glance, the high price of housing can increase burdens on roads and highways, contribute to urban sprawl and cause unforeseen societal challenges, like driving grandchildren from grandparents. The speakers at the Newsmakers Breakfast are Chris Ahearn, executive director of Habitat for Humanity; Jim Burbank, founder of Saussy Bur-

bank, a Charlotte-based homebuilder; John Quinn, a member of the Smithville Community Coalition and a community leader, and Andrew Grant, Assistant Town Manager for the Town of Cornelius. Newsmakers Breakfasts are openforum Q&As, driven by current issues and news around us. 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. sharp. The cost to attend, $12, includes a full country breakfast. Reservations are required. RSVP at 704-895-1335 with Visa or MasterCard. The Presenting Sponsor is Realtor Dixie Dean with Allen Tate. Breakfast Sponsors are Jack’s Corner Tap and Premier Sotheby’s International Realty. Coffee Sponsors are Davidson Wealth Management and Master Title.

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

Congratulations to several of our clients: SonaCare Medical, based in Charlotte, manufactures high intensity focused ultrasound technologies for treating cancer. SonaCare recently raised $3 million in growth capital from San Francisco-based Decathlon Capital Partners. Scale Finance managed this capital raise throughout the process The Education Center (TEC) is the Greensboro-based national publisher of The Mailbox and Learning magazine, educational content and resources used by millions of elementary school teachers for decades. TEC was recently acquired by Infobase, a NY-based educational publishing company backed by private equity firm Veronis Suhler Stevenson. SF advised TEC on the sale of the business

BURBANK

AHEARN

QUINN

GRANT

SBA loans hit record in 2017 The SBA provided a record amount of funding for North Carolina small businesses in 2017, guaranteeing 1,460 loans worth nearly $850 million. It was the second year in a row that​ SBA loans in North Carolina exceeded​ $750 million. SBA lending activity in the state increased almost 10 percent over the previous year. During the year, 1,367 loans were approved through the agency’s flagship 7(a) program for over $765 million. Through SBA’s 504 fixed-asset financing program, certified development companies approved 93 loans for more than $84 million.

Businesses owned by minorities and women had the greatest increase in lending activity in 2017. Minority-owned businesses received 314 loans, totaling more than $244 million. This represents a 21 percent increase in the number of loans and a 39 percent increase in dollars compared to 2016. In addition, women-owned businesses received 298 loans, totaling more than $129 million. This represents a 15 percent increase in the number of loans and a 13 percent increase in dollars compared to 2016.

AMTDirect, the Charlotte-based leading provider of lease administration and lease accounting software recently received a strategic growth investment from Luminate Capital Partners, a San Francisco-based private equity firm. AMTdirect’s SaaS platform covers real estate and equipment lease contracts that generate over $40 billion in global accounts payable payments annually. SF advised in closing this transaction DDDigital, based in Denver, CO, provides online ordering and inventory management software for cannabis dispensaries. MassRoots, Inc., also based in Denver, is the leading social media network, mobile apps, and technology platform for the regulated cannabis industry. MassRoots recently acquired DDDigital through a process managed by SF Veritas Collaborative is a specialty hospital system for the treatment of eating disorders, and is now expanding to Charlotte. Veritas is growing rapidly with facilities currently in Durham, Richmond, and Atlanta, and is backed by Vestar Capital Partners. SF has provided business valuation services and contract Controller support for Veritas in recent years CFOs & Controllers - Expert Support, Part-time Cost & Flexibility Raising Debt, Subdebt, or Equity Capital - Best Terms Available in Market Mergers & Acquisitions - Cost Effective, Veteran Support

www.scalefinance.com

Dave Gilroy, 704.258.6653

Closing the GAAP to Scale Your Business

3


Business Today

4 March 2018

Concord promotes from within, Payne is new City Manager 21308 Carina Lane, Cornelius Completely Remodeled with designer touches throughout! You will not be disappointed with the attention to detail that has been put into the renovation. This stunning home features 4 bedrooms with Master on main, plus huge Great Room, Dining Room, Office, and chef ’s dream Kitchen. You will love cooking in this kitchen that boasts white top of the line cabinets, granite, 10’ island, plus Jenn Air gas cook top! The large windows bring the gorgeous Carolina outdoors inside! Enjoy the meticulously landscaped yard while sitting on your 2 level deck – perfect for large gatherings! Home sits on cul-de-sac lot in the Lake Access community of Waterford Point.

Lisa Turley, Broker Associate 704-904-8051 LisaTurleyRealEstate.com

Your protection is personal. Get a quote today from: Don Carney

Jessica Tucker

Carney Insurance

Byrd Insurance

(704)892-1115

(704)786-2108

info@carneyins.com

Jessica.tucker@nationwide.com

www.carneyins.com

www.byrdagencyinc.com

Lloyd Wm. Payne Jr. has been named Concord city manager, after serving as assistant city manager since May of 2015. The City Council appointed Payne, who is the city’s eighth city manager. He replaces Brian Hiatt who retired after 19 years of service. Concord has a council-manager form of government, where a professional city manager serves as the CEO of the government organization at the pleasure of the City Council. The city manager is responsible for implementing policies decisions made by the City Council, serves as the council’s chief advisor. The council-manager form is the most popular type of local government in the United States in communities with a population of 5,000 or greater. North Carolina cities and counties

Catalyst Academy appoints Novant Health names new chief compliance officer new board member The Catalyst Academy has appointed Deborah S. Bosley to its four-member Board of Directors. The Catalyst Academy, located in Huntersville, is a non-profit organization providing personal financial education and individual coaching to help develop financial literacy and economic self-sufficiency. Bosley, a professor emeritus of English at UNC Charlotte, is owner and principal of the Plain Language Group, a Charlotte-based company that works primarily with Fortune 100/500 companies.

Robbins named CEO of SpeakAbility, Inc.

Auto. Home. Life. Business Products underwritten by Nationwide Mutual Company and Affiliated Companies, Columbus, Ohio. Subject to underwriting guidelines, review and approval. Nationwide and the Nationwide N and Eagle are service marks of Nationwide Insurance Company. © 2016 Nationwide NPO0194M1.2(01/15)

helped pioneer the form and all North Carolina local governments of significant size operate under this form of government. Prior to arriving in Concord, Payne PAYNE served 10 years as the Town Manager of Elkin in Surry County, and four years as Town Manager of Lake Waccamaw in Columbus County. Payne has been recognized by the International City-County Management Association as a Credentialed Manager, and holds Bachelor of Science and Master of Public Administration degrees from Appalachian State University.

Frances Gregory Robbins has been named CEO of SpeakAbility, Inc., a Mooresville company providing speech therapy services to children and young adults. Robbins has served as vice president since 2009.

Novant Health has named Lee Decker as its chief compliance officer. In this new role, Decker will ensure Novant Health has a comprehensive, highquality compliance DECKER strategy and culture. Decker will also continue to address the organization’s growth, competitive landscape and regulatory challenges. Previously, Decker served as vice president and assistant general counsel for Novant Health’s legal department. In recent years, she served as the primary legal counsel to the Novant Health compliance team. ROBBINS


Business Today

6 March 2018

‘Mother of all revals’ less than a year away

To book, call 704-455-1200 or email Matt.Zvanut@jqh.com and visit www.rockyrivergolf.com today!

Elevate your savings to new heights. Earn more with Our Primo Floating Rate** Money Market Account®

1.13% 0.68%

APY*

Tier 2 greater than $200,000 (25% of Prime)

APY*

Tier 1 up to $200,000 (15% of Prime)

*APY = Annual Percentage Yield. The initial interest rate is based on the balance in your account. All balances less than $200,000 have an APY that is 15% of the then current published Wall Street Journal (WSJ) prime rate. All balances $200,000 or greater have an APY that is 25% of the then current published WSJ prime rate. **Rates are variable (“Floating Rate”) and rates will adjust on the business day the prime rate is published in the WSJ. If the daily balance falls below $25,000 any time during the statement cycle, a $30.00 Monthly Maintenance fee will be applied. Must have an active checking account with Aquesta Bank. Interest rates are variable and subject to change after the account is opened at any time. Additional terms and conditions or fees may apply. Offer may be withdrawn at any time. Fees could reduce earnings.

test. The “flawed revaluation” resulted in the county paying back millions in refunds . Commercial broker Gordon Allebach says there are three potential results: “If the new assessment is way out of whack, it can be appealed. In 2011 I appealed a few of the values we received. On the other hand, If the owner feels the new assessment is pretty close, he or she has two choices: he/she can accept it and eat the difference and attempt to make up the difference when he negotiates the next lease.” More common, though, is the triple net lease where the tenant is paying the net amount of three major expenses in addition to the base rent: insurance, taxes and maintenance. In those cases, any tax increase will be bumped over to the tenant. Tax bills are not guaranteed to rise. As they prepare their fiscal year 2020 budgets (FY 2020 runs from 7/1/19 to 6/30/20) county and town commissioners can adjust tax rates downward to stay revenue neutral. By state law, each municipality is required to calculate and publish a revenue-neutral tax rate as they prepare their spending plans. Assuming property values go up, the lower revenue neutral tax rate could be theoretically used to generate the revenue needed to continue providing services. However, a sharp rise in values usually translates to a tax increase of some magnitude, according to veteran real estate officials. “From what I’ve seen over the years, if the property values go up, so do the taxes,” Allebach said.

Giving Every Customer The Service They Deserve! • • • • • •

Shipping Packing Printing Gift Wrap Gift Bags/Cards Mailbox Rental

• • • • • •

Notary Greeting Cards Shredding Kangan Water Packing Supplies Blueprints

Small & Large Format Printing | Mailboxes

704-237-4247

BANK NEAR. GO FAR. Branches in SouthPark, Cornelius, Davidson, Huntersville, Mooresville, and Wilmington Rae Farms Coming Soon!

BY DAVE VIESER With property values in the Golden Crescent taking off, the impact of Mecklenburg County’s county-wide property reassessment, or “reval,” is only nine months away. By state law, the “reval” must be done once every eight years; notifications with the new assessments will be mailed out in January 2019. Commercial property owners are facing increases, with post-recession prices per square foot for commercial property up anywhere from 45 percent for industrial properties to 75 percent for retail. The new property values established by the county are effective January 2019. Since the town fiscal years begin on July 1, this gives town finance officials time to digest the new figures, according to Huntersville Finance Director Jackie Huffman. One Huntersville elected official called it the “mother of all revals.” Huffman said estimating is a fine art i​n the budget process, but she HUFFMAN expects the county will​ provide solid figures in January, “well before a draft budget is presented to our commissioners.” Huffman also said that the county has set up additional resources this year for owners, including more extensive use of the county’s web site. They also hired more staff; and created a permanent revaluation division. County officials are hopeful that 2019 will not be a repeat of 2011, when the new values ignited a firestorm of pro-

20619 Torrence Chapel Road | Next to Stein Mart www.aquesta.com • 704.439.4343


Business Today

8 March 2018

Continuum quarterly net falls from prior fiscal year Continuum, formerly MI-Connection, reports total revenue has fallen​ 2.17 percent during the second quarter of the local cable company’s fiscal year which began July 1, 2017. Earnings before interest, depreciation and amortization (EBIDA) were down 11.57​ percent while total expenses rose 1.31​ percent. Customer relationships are also down vs. last year, but by less than 1 percent. For the first quarter, ended Sept. 30, 2017, total revenues fell 2.3 percent to $5.265 million, from $5.389 million. Net income went from a loss of $747,044 in the first quarter of the prior year to a loss of $929,894 during the first quarter this fiscal year. Continuum, owned by towns of Mooresville and Davidson, is the locally operated communications system serving both towns as well as Cornelius. For the second quarter, ended Dec. 31, 2017, total revenues fell 2.17 percent to $5.299 million, from $5.417 million the previous year. Net income went from a loss of $608,291 in the second quarter of the prior year 2017 to a loss of $746,447 in the same period of

FY 2018. Some of the decline had to do with politics writ large. “Approximately $51,000 of the revenue variance is due to a drop in political advertising revenue,” said CEO David Auger. During the calendar year 2016 there was a surfeit of national and state political advertising; not so in 2017. Auger also noted that the AUGER name change from MI Connection to Continuum cost about $105,000, generating incremental marketing expenses compared to the prior year. (Continuum is an advertiser with Business Today.) There’s some good news. Population growth in Cornelius, Davidson, and Mooresville from 2010 to 2016 was 14.7 percent, 13.8 percent, and 11.7 percent, respectively, compared to 6.4

percent in North Carolina for the same period. Local growth rates are key drivers behind the customer gains the company experienced over the last 5 years. At the same time, Continuum has a reputation for friendly service: “Continuum has extremely smart and experienced leadership at both management and board level,” said Cornelius Commissioner Dave Gilroy, “but they are wrestling with complex and fastmoving market forces. The stakes are extremely high for Davidson and Mooresville taxpayers.” The Town of Cornelius opted not to join in the MI Connection deal which was came out of the old Adelphia system, which filed for bankruptcy back in 2002. At the time, it was one of the largest bankruptcies, with more than $2 billion in debt. Adlephia founders John Rigas and Timothy Rigas were accused of securities violations and sentenced to prison in Butner, N.C. in 2007. (John received a sentence of 15 years and Timothy received 20 years. John was released from prison in 2016 due to

poor health.) The local Adelphia operation came with debt—without it Continuum would be profitable. Mooresville and Davidson owe roughly $64 million,​ down from $68 million in the prior fiscal year.

The world of cable is changing, as​ fast-moving market forces include the “cord cutting” trend of some TV consumers to sign up for streaming TV signals rather than hard wired cable. Nevertheless, Auger remains optimistic. “We anticipate full-year positive trends based on growth and the fact that most of the name change expenses have already been incurred” he said. Customer rates increased Feb. 1 because of an increase in video programming costs from Continuum’s content providers. Those fees are being passed along to subscribers and are similar to fee increases by implemented by other cable companies.

500 S. Main Street | Mooresville, NC -next to Merinos Home Furnishings | 704-746-3636 | mainantiques.com


Business Today

March 2018

9

Growth Strategies

Up Your Sales: Best Business Practices Still Work We are told we can buy most anything today without speaking to a person or walking into a business. People are conditioned in their buying habits to automatically use their electronic connectivity to direct their attention and send dollars around the world preferring electronic interaction for its accessibility and seeming efficiency. Do you give up hope? NO. Can you still be competitive? YES. But how do you come up with ideas? How do you build a successful business model today? Read on. If your product or service is in demand you can attract even more customers today than ever. Stay strong, plan well, be agile, adapt and move forward. Best business practices have not changed, but the avenues to how you implement them may have. It can seem mind-boggling but it’s not. Just like anything else, you should do what you do best, and seek business service partners who do other things better than you.

Be the Captain: Create a distinct business model

Make sure your external image in marketing, advertising, communications, and accessible avenues of selling fit together to create clarity and synergy. Confirm your internal operations work in unity to uphold the business model: All employees should understand your business model to embody it as they interact with customers, and as they make daily decisions about everything in your business.

• Do you wish to be distinct? The allure you can build around a product or service can take time, patience, and absolute persistence. A savvy marketing stratSales Coach egy must be preCHERYL KANE cisely designed to your product or service, and your marketing techniques should tie together seamlessly over time.

know they are familiar to you to demonstrate your appreciation. 5) Be the source of distinct assistance about your product or service. Being easy to find when help is needed builds loyalty. 6) Build in memorability: Beyond a good buying experience, make sure all contact with the customer has your business name & contact data on itbuild in the path back to you and only you. 7) Be agile and continue adaptingcontinually ask your expert business partners for new ideas.

Sail Straight: Focus everything in one direction to gain synergy Stay focused, don’t get fractionalized doing too much you are not best at; it wastes time and money. Value profes-

• Do you want to be the most convenient? Demonstrate this to your customers through every interaction with them: Be accessible where they are and through the multiple avenues they want to communicate through; be easy to work with, responsive, punctual, and always accurate (errors waste time).

sionals with business-to-business expertise in marketing, advertising, accounting, employee selection, training, business strategy, design and more. Remember, most of these partners have both traditional and web-based aspects to their expertise. Insist everything everyone does for your business embody your strategy. The philosophy you are trying to build a business around should all fit together and move in the same direction to work best. Cheryl Kane, MBA, PHR, GPHR, SHRM-SCP, is a strategic business consultant, sales trainer, & professional speaker specializing in strategic planning and service quality. If you seek assistance in growing your business, need a business speaker, or have a topic you would like to see in this column, Cheryl welcomes your communication at (704) 595-7188 or through her web site, www.cherylkane.net.

WHAT A DIFFERENCE AN APP MAKES

Use a Compass: Build a clear path

Be the Navigator: Know how you want to compete

• Do you want to be a low-cost provider? Then make sure you are; realize it’s a rigorous way to compete and can be successful—as long as you are lowprice and you make sure your customers always know it. An example is a continual, unconditional commitment to advertising It is the lighthouse beacon to your customers.

1) Create a strong internal culture to support the business, and business image, you want. 2) Develop business partner relationships with experts who, like you, are outstanding in what they do: effectively designing programs that make it easier for you to focus on what you do best saves you time and strengthens your focus. 3) Be where your customers are. Scrupulously identify best locations and use both pull and push strategies in print advertisement and electronic mediums. 4) Find ways to let your customers

We understand your time is limited and your responsibilities many. With the Uwharrie Bank Mobile Banking App (App Store or Google Play), you can access your account any time, anywhere from your Apple® iOS or Android™ mobile device. View your balances, deposit checks, pay bills, transfer funds and more – all available at your fingertips. It’s just one more way we’re making a difference in the way you bank.

Member FDIC

800-453-6864 uwharrie.com


10 March 2018

Q

: I have bought property in other states, and my closing was not conducted by a real estate attorney. Why does North Carolina require that an attorney conduct a real estate closing?

A

: Many aspects of real estate law are State specific. North Carolina has a somewhat unique system that involves a real estate attorney searching and opining on the state of the property’s title to an independent title insurance company or agency. The title insurance company then issues the title insurance commitment or policy, while the real estate attorney conducts the closing, handling of funds, and recording of the documents. A few advantages of the North Carolina JACKSON approved attorney system are: 1. Cost – Involvement of an attorney in the process keeps the overall cost of the transaction down 2. Legal Representation – Attorneys are able to provide legal advice during the closing process 3. Oversight of Attorneys - Attorneys are closely regulated by the State Bar and General Statutes, and most carry malpractice insurance. 4. Oversight of Attorney Trust Accounts - Attorneys’ trust accounts are regulated by both the State Bar and the North Carolina Good Funds Settlement Act These are just a sample of the many benefits to closing your real estate transaction with an approved real estate attorney.

Contact Patrick M. Jackson President, Master Title Agency 8640 University Executive Park Dr., Charlotte

704-348-2866 www.mastertitleagency.com

NEWS - e

Was possibility of canceling I-77 contract falsely reassuring?

Feb. 15. By Dave Yochum. ANALYSIS. The second meeting of the I-77 Advisory Group got under way with former Chamber Chair Mike Russell announcing that there were emergency exits on either side of a packed meeting room. “Just don’t take 77,” Chamber CEO Bill Russell interjected. It was a touch of dark humor at the beginning of a dark meeting. It turns out it’s easy enough to cancel the 50year contract with Cintra, but it will be profoundly difficult to put anything different in its place. An alphabet soup of agencies has signed off on the existing plan, which means they will have to sign off on virtually any kind of new plan. The bureaucrats, policy wonks and technocrats in agencies from the Charlotte Regional Transportation Planning Organization to the Environmental Protection Agency will again make sure that no snail darters are harmed—and that could take years. This, for a $640 million highway contract that was executed without an economic impact study, as first reported by Business Today in June 2015. The advisory board is just that—a group of delegates from business organizations and municipalities trying mightily to find a way to fix a contract that has been described as if it was written by Cintra itself. But even though it could take years to really fix it, it’s better than waiting 50 years for it to end, said Meck-

lenburg County Commissioner Jim Puckett, an early critic of the toll plan which has a roadbed that will not support the tractor trailers that are so crucial to economic development and local warehouse jobs. Commissioner Jim Puckett welcomes the crowd and introduces Mac McAlpine “It is a project that has a number of major negative impacts on the region, as we start to talk about the time frame of making these changes, it is small compared to the 50 year contract…we need to talk about the impact of not changing the project on the business community here,” Puckett states. He wants the NC Secretary of Commerce to comment on the economic impact of the congestion on I-77, which new toll lanes will apparently do nothing to alleviate. Suffice it to say, if the grand opening of the I77 toll lanes were held tomorrow, no elected official in his or her right mind would attend. It’s more and more clear the project is widely perceived as a disaster in Raleigh, poorly executed from beginning to its official end when most of the bigwigs around the table will be dead. “The I-77 tolling issue…we’ve won that argument,” declared Bill Russell, Chamber CEO. (He is not related to Mike Russell, the former chairman.) “I don’t think anyone in the room, including NCDOT and Gov. Cooper’s administration, believes that tolling is the best alternative for Lake Norman.”

Business Today It’s Lake Norman’s “Main Street,” said Mecklenburg County Commissioner Pat Cotham, another long-time toll fighter. She said comparing I-77 to I-40 near Raleigh was faulty in light of it being the principal artery for travel to and from schools, businesses and healthcare. The question at hand is “how do we move forward with the contract in place when we believe the contract needs to be cancelled and we need general purpose lanes for I-77,” Russell said. The advisory group is the single clear road toward some kind of resolution. Convened by the governor, the group will weigh options around cancelling and replacing the contract, leaving it intact and changing the scope of work. Cintra, of course, has no incentive to change the contract. Indeed, it’s a public-private partnership that was written in heaven. In an epically clever move that could be a several chapters in the “Book of Shrewd Moves,” no private equity has been contributed so far. Assurances that the public’s interest was protected by the fact that the contract could be terminated were disingenuous, according to Kurt Naas, the original anti-toll fighter, who landed a seat on the Cornelius Town Board last year. “The point being that what was told in court, that this is the ultimate safeguard [the right to cancel the contract] and reality are two different things,” Naas said. The ultimate decision lies with Gov. Cooper who has the weight of the North Mecklenburg election results behind him. The normally Republican region helped vote his predecessor, Pat McCrory, out of office after only one term. The next meeting of the advisory board is 6-8 pm Feb. 22 in the chamber meeting room. It will be open to the public, as this one was. The initial meeting was closed to the public, a possible violation of North Carolina’s Open Meetings law. The reasoning around closing the meeting was hardly sinister. Strategies around fighting Cintra, perhaps in court, may be discussed. “We’re giving a front-row seat to Cintra to see our tactics and potential changes to the contract and allows them a chance to prepare their defense of an existing contract,” one official said, explaining that Cintra has lobbyists in Raleigh.


Business Today

March 2018

NEWS - e

Natasha Marcus will run for Jeff Tarte’s seat in NC Senate Feb. 7. UPDATE 11.30AM. With litigious redistricting and partisan politics in the news, Davidson resident Natasha Marcus today announced plans to run for the NC Senate District 41 seat held by Jeff Tarte, a former mayor of Cornelius. MARCUS “North Carolina has drifted away from the forward-thinking, desirable place to live, attend school, work and retire it was when I moved here nearly three decades ago,” she said. In 2014 Marcus ran unsuccessfully against John Bradford for the NC District 98 seat in the House of Represen-

tatives. Bradford is a former member of the Cornelius Town Board. Tarte was mayor of Cornelius from 2007 to 2012. Republicans have a super-majority​ in the legislature, while Gov. Roy Cooper is a Democrat. Tarte has raised more than $60,000 for the fall campaign. Although he has endorsements from a wide variety of Republican legislators, Tarte landed a full scholarship to attend the Executive Education program at the John F. Kennedy School of Government at Harvard University based on his bipartisan efforts in the state capitol. He was famously at odds with former Gov. Pat McCrory, a Republican. Tarte told Business Today this will be an “interesting” campaign. “Voters will have a choice that contrasts dramatic differences for what is best for the future of our state,” he said.

Mooresville Uncorked & Artsy tasting event will be April 13 Feb. 19. The Mooresville Downtown Commission’s Uncorked & Artsy event will take place be April 13 in downtown Mooresville. Held each spring and fall, Uncorked & Artsy, features wine and craft beer tastings at multiple downtown Mooresville businesses as welll as regional artists displaying and selling their works along Broad and Main Streets.

On Feb. 7, MDC Board Secretary Kim Saragoni and Board member Mark Fowler presented the most recent check for $500 to Mooresville Arts President Jessica DeHart and Vice President Jeannine Tieri. Part of the NC Main Street Program, the MDC is a non-profit organization dedicated to the improvement of downtown Mooresville. More info: www.downtownmooresville.com.

Newsmakers

b r e a k f a s t

Affordable Housing Wednesday March 21

Chris Jim Burbank Ahearn Saussy Burbank

Habitat For Humanity

John Quinn Smithville Community Coalition

Assistant Town Manager, Cornelius

The Peninsula Club

19101 Peninsula Club Dr. $12 Includes Breakfast Doors open at 7:15 a.m. for Networking Breakfast buffet at 7:30 a.m. Q&A concludes at 8:55 a.m. RSVP Today at 704.895.1335 Presenting Sponsor:

Dixie Dean Breakfast Sponsors:

Coffee Sponsors: MDC Board Secretary Kim Saragoni and Board member Mark Fowler presented the most recent check for $500 to Mooresville Arts President Jessica DeHart and Vice President Jeannine Tieri.

Andrew Grant

11


Mooresville, Concord, Davidson

THE PENINSULA

Coming to the market March 15th!

Call for details

Full brick; .85 acres; On GOLF COURSE Pool – self-cleaning; salt water Master down; Screened Porch; Back yard oasis!

Candy La Monica

(704) 493-3929 Candy@CandyLaMonica.com

11040 Preservation Point | $940,000

Executive Charlotte home with over 6,000 sf, on Mountain Isle Lake with deeded boat slip.

R DE

UN

R NT CO

T AC

IN

K.C. Kercher

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

YS! DA 6 1

Gorgeous 3,372sf home in Huntersville that features 4 bed/3.5 bath, huge bonus room, estate-size lot with room for a pool.

Sandy McAlpine

(704) 746-7513 www.McAlpineTeam.com

18421 Peninsula Club Dr | $1,750,000 Incredible Waterfront Oasis in this exclusive golf and lake community at Lake Norman. Amazing outdoor living area!

(704) 650-6464 kathymerlo@remax.net

MLS #3359689 | $1,275,000

Libby Offnick

Cowan’s Ford Cntry Cb | $435,000

Kathy Merlo

14113 Old Vermillion Dr | $449,000

Beautiful custom waterfront home in The Harbour at The Point. Dock with new boat lift, new roof and lots of updates.

(980) 722-2977 libby4home@gmail.com

Gorgeous all brick custom home with 4 Bedrooms/3 Full Baths. Master on Main Level. Walk across the street to Lake Norman!

Kathy Merlo

(704) 650-6464 kathymerlo@remax.net

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


Cornelius, Huntersville, Denver

THE PENINSULA

1045 Lake Wright Road | $635,000

Located on Warrior Golf Course. Custom-built 5 bedroom 3 full Bath and 2 half bath.

168 Brownstone Drive | $1,099,000

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

Angela Purvis

(704) 707-6632 angelapurvisrealtor@gmail.com

Helen Reece

(704) 929-2848 HelenReece47@gmail.com

5 BR Custom Simonini Home w/ 3000 sq ft. Priced to sell at $569,000 Open Floor Plan, Master on Main! MLS # 3363103

(704) 634-5666 SandyRemax26@aol.com

7915 Harbor Master | $550,000

Frances Dawson

Water view, 4300 sq ft., 5 Bedrooms, 4 Full Baths, Bonus Room & Sunroom. Main flr. Bdrm & Full Bath. 3-car Garage. MLS# 3325223

Sandy Reynolds

(704) 701-7599 Frances@HOMESofLKN.com

Five Star Professional

8 Year Winner Luxury Collection Specialists

Strategic Pricing Specialist

Marie Conway

(704) 661-6555 homes@TheLakePeople.com

3931 Burton Lane | $890,000

Waterfront on wide cove w/open lake view. Master on Main flr. Home completely rebuilt from foundation up in 2010. MLS #3356531

Frances Dawson

(704) 701-7599 Frances@HOMESofLKN.com

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


Business Today

14 March 2018

On The Record

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

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

Cabarrus County 01/18/18 $272,500 Daniel & Sara Brown to AMH NC Properties, L.P., 4290 Red Spruce Ln., Harrisburg 01/18/18 $335,000 Hong Zhang & Danquing Guo to Pinky & Nileshkumar Trada, 9539 Indian Beech Ave., Concord 01/18/18 $319,000 Eastwood Construction LLC to Willie Meeks, 1244 New River Dr., Concord 01/18/18 $315,000 D.R. Horton, Inc. to Ronald & Kimberly Jarvis, 1445 Skygrove Pl., Concord 01/18/18 $295,000 Epic II Holdings, LLC to Mark Holden, 46 Marsh Ave., Concord

01/18/18 $252,500 Timothy & Stefanie Miller to Perry & Nancy Readling, 5580 Berry Ridge Dr., Harrisburg 01/18/18 $273,000 Eastwood Construction LLC to Dalton & Samantha Womack, 1243 New River Dr., Concord 01/18/18 $392,000 Buck & Monica Wicklund to Joseph Kuhns & Nancy Leach, 1290 Braeburn Rd., Concord 01/18/18 $285,500 Antonio & Rebecca Fajardo to Jason & Wendy Shirhall, 11559 Baystone Pl., Concord 01/19/18 $355,000 Taylor Morrison of Carolinas, Inc. to Kevin & Tammie Heintzman, 2265 Prarie Rd., Concord 01/19/18 $255,000 Barret & Heather Roosa to Christopher & Amanda Felt, 1426 Napa St., Concord 01/19/18 $282,000 H & H Constructors of Fayetteville, LLC to Abijahm Simon, 3564 Coleraine Ave., Kannapolis 01/19/18 $490,000 Jon & Kimberly Dressler to Clara Croce, 595 Elizabeth Lee Ave., Concord 01/22/18 $3,100,000 REO Funding Solutions III, LLC to Alluvion Development, LLC, 36,25 ac. 0n Kannapolis Pkwy., Kannapolis 01/22/18 $425,000 Irene Leverett to Ryan & Ashley Stell, 3621 Curtland Pl., Concord 01/22/18 $300,000 Thomas & Julia Brock and Sidney & Suzanne Gulledge to Carolina Properties Division, LLC, Lot 1 of Wilcox Properties Holdings on Hwy. 24/27, Midland 01/22/18 $440,000 Gerald & Sheryl Arru to

Jason Arru, 6354 Harbor Dr., Concord 01/23/18 $360,000 NVR, Inc. to Kalpeshkumar Mistry & Krina Suthar, 2169 Stone Pine Dr., Concord 01//23/18 $297,500 NVR, Inc. to Gloria Mutts, 1744 Mill Creek Ln., Concord 01/24/18 $307,000 Eastwood Construction LLC to Harold & Susan Henderson, 1239 New River Dr., Concord 01/25/18 $308,000 Eastwood Construction LLC to Jesse & Andrea Larson, 4356 Falls Lake Dr., Concord 01/25/18 $300,000 Charles & Bonnie Catalano to Tasha Modranski, 33935 Amarillo Dr., Concord 01/25/18 $310,500 Orleans-Conservatory Group to Katrenia Jordan, 3844 Tea Royal Ct., Charlotte 28215 01/25/18 $359,000 HB22 $359,500 HB22, HB22 to Deborah & Patricia Hanna, 333 Park Ave., Harrisburg 01/25/18 $740,000 Peerless Homes, LLC to Jarrod Layton & Hamer, 11318 Harmony Woods Ln., Davidson 28036 01/25/18 $458,000 Copperfield, Inc. to The Orange Group, LLC, 1516 Concord Pkwy., Concord 01/25/18 $263,000 Sonja Lewis to Kevin Alston, 534 Clearwater Dr., Concord 01/25/18 $833,500 Cannon Boulevard Associates, LLC to Wiki Wiki Kannapolis, LLC, approximately .02 ac. on Cannon Blvd., Kannapolis 01/25/18 $264,000 Valerie Aquilina to Jason & Donna Shaw, 501 Dockside Ln., Concord 01/25/18 $285,500 Pitts School, LLC to Kaylee Graham, 5404 Roberta Meadows Ct., Concord 01/26/18 $462,500 Bremt & Dadre Blevins to John & Meena Smith, 7292 Chamar St., Kannapolis 01/26/18 $340,000David & Martha Soltis to William Seabreeze, 3269 Woodchuck Dr., Kannapolis 01/26/18 $1,168,000 Ruby Tuesday, Inc. to Oreof 2017 Ruby LLC, Lot 3 on Wonder Dr., Kannapolis 01/26/18 $315,000 Century Communities Southeast, LLC to Nasiha Johnson, 11508 Vista Ridge Ct., Midland 01/26/18 $408,500 Jimmy & Rachel Nielson to National Residential Nominee Services, Inc., 9694 Jamestown Rd., Concord 01/26/18 $408,500 National Residential Nominee Services, Inc. to Kenneth & Jennifer Sagert, 9694 Jamestown Rd., Concord 01/26/18 $307,500 Orleans-Conservatory Group General Partner, Inc. to Kevin Waggoner, 11410 Rising Star Ct., Charlotte 28215 01/26/18 $327,500 H & H Constructors of Fayetteville, LLC to Scott & Alisha Shapiro, 3221 Keedy Mill Loop, Kannapolis 01/26/18 $267,000 Deutsche Bank National Trust Co. to Lirong Wang, 4737 Scenic Pine Ln., Concord 01/26/18 $387,500 Eastwood Construction LLC to Edward & Melissa Douglas, 2641 Keady Mill Loop, Kannapolis 01/29/18 $385,000 Century Communities Southeast, LLC to Vito Coraci, 622 Iron Horse

Ln., Midland 01/29/18 $258,500 River Rock Construction NC I, LLC to CSHP One LP, Ptnrp., 5346 Roberta Crossing Dr., Concord 01/29/18 $326,000 D.R. Horton, Inc. to Arghya & Anwesha Bhattacharya, 1442 Skygrove Pl., Concord 01/29/18 $286,000 Richard & Jaclyn Capwell to Terrence Tabor & Krystle Hampton, 636 Peacehaven Rd., Kannapolis 01/29/18 $300,000 Jonathan & Kathryn Hoadley to Mitchell & Mary-Anne Mimier, 155 Tetbury Ave., Concord 01/29/18 $260,000 Robert & Elizabeth Wachter to James & Kym McLean, 5631 Underwood Ave., Charlotte 28213 01/30/18 $375,000 Rajesh & Manju Rohilla to Prasanna Nagarajan & Akila Sundaresan, 4475 Sourwood Ct., Harrisburg 01/30/18 $586,000 Weekley Homes, LLC to Charles McDonald & Ann Brooks, 11315 Savannah Grove Dr., Huntersville 28078 01/30/18 $344,000 D.R. Horton, Inc. to Jagadish Palli & Deepthi Kadambala, 11219 Streamwood Ln., Concord 01/30/18 $347,000 D.R. Horton, Inc. to Subbaraya Returi, 11227 Streamwood Ln., Concord 01/30/18 $358,000 Roddy & Barbara Roseman to Richard & Valarie Flanagan, 5000 Cold Springs Rd., Concord 01/30/18 $391,000 Lennar Carolinas, LLC to Huong Nguyen, 1982 Topaz Plaza, Davidson 28036 01/31/18 $374,500 Lennar Carolinas, LLC to Sobhalatha Chappidi & Thulsasi Sirigireddy, 1981 Topaz Plaza, Davidson 28036 01/31/18 $1,590,000 Harley Tritt & Herbert Tritt, Ptnrp. To R2 Development, LLC, 9245 & 9339 Davidson Hwy., Concord 01/31/18 $317,000 Century Communities Southeast, LLC to David & Kelly Zack, 11504 Vista Ridge Ct., Midland 01/31/18 $302,000 Lennar Carolinas, LLC to Ceberus SFR Holdings, LP, 9936 Travertine Tr., Davidson 28036 01/31/18 $255,000 Diana Basham to Christopher Hold, 8420 Live Oak Rd., Harrisburg 01/31/18 $386,000 M/I Homes of Charlotte, LLC to Alva & Vera Wallis, 257 Carnation Dr., Harrisburg 01/31/18 $315,000 Lennar Carolinas, LLC to Ceberus SFR Holdings, LP, 9863 Travertine Tr., Davidson 28036 01/31/18 $317,500 Daniel & Marianne Armstrong to Joshua Lopez & Jessica Goeller, 10803 Elsfield Ave., Concord 01/31/18 $290,000 Century Communities Southeast, LLC to William & Eloise Gonzalez, 265 Meadow Oaks Dr., Concord 01/31/18 $334,000 Orleans-Conservatory Group General Partner, Inc. to Christopher & Kasia Shepherd, 11422 Rising Star Ct., Charlotte 28215 01/31/18 $325,000 Eastwood Construction LLC to Steven & Danielle Soles, 2635 Keady Mill Loop, Kannapolis

More Cabarrus Transactions online at www.BusinessTodayNC.com


Business Today

March 2018

On The Record

Mecklenburg County 1/19/18 $275,000 Trang Leto Hai Ta & Van Nguyen, Lot 54 The Greens at Birkdale Village, Huntersville 1/19/18 $578,000 South Crek Construction to Marie & Stephen Joseph, 16031 Ayla Ln., Cornelius 1/19/18 $707,000 Classica Homes to Paul & Margaret Dubois, 17810 Jetton Green Loop, Cornelius 1/19/18 $325,000 Mark & Lola Olewski to John & Amy Coughlin, 10211 Halston Cir., Huntersville 1/19/18 $366,000 South Creek Homes to Sharon & Robert Byers Sr., 17738 Morehampton Ave., Cornelius 1/19/18 $414,500 South Creek Construction to Marvin & Christy Thornton, 14110 Boden Ct., Cornelius 1/22/18 $1,100,000 Debra & Thomas Perkinson Jr. to James & Margaret Hodges, 19424 Mary Ardrey Cir., Cornelius 1/22/18 $555,000 Richard Enderby to Laurie & William Lavietes, 744 Amalfi Dr., Davidson 1/22/18 $250,000 Verneena McHam to Rebecca Bleakley, 700 Old Meeting Way, Davidson 1/22/18 $294,000 Robert & Jennifer Stevens to Michael & Donna Quillen, 13812 Holly Stream Dr., Huntersville 1/23/18 $299,000 Jamie & Donna Policz to Fallon & Justin Stapleton, 719 Naramore St. Unit 60, Davidson 1/23/18 $439,000 Compton & Lynette Plummer to Diane & Paul Russo, 16032 Covington Point Ln., Cornelius 1/23/18 $395,000 Nicholas & Laura Able to Christel Keisler, 11928 New Bond Dr., Huntersville 1/24/18 $275,000 Bonnie & Richard John Jr. to AMH NC Properties, Lot 249 Victoria Bay, Cornelius 1/25/18 $273,000 Susan Ritter to AMN NC Properties, 9109 Greenheather Dr., Huntersville 1/25/18 $609,000 Michael & Morgan Belsenherz to Kerry & Christina Devinney, 15904 Robbins Green Dr., Cornelius 1/26/18 $370,000 Fergus & Maria Daly to John & Renee Swope, 8703 Westmoreland Lajke Dr., Cornelius 1/26/18 $340,000 Anthony Bertucci to Steven & Silvia Maples, 15405 Troubadour Ln., Huntersville 1/26/18 $252,900 Elva Heuschkel to Ian & Lauren Combs, 13138 Heath Grove Dr., Huntersville 1/26/18 $375,000 South Creek Construction to Kenneth & Anne Nelson, 14107 Boden Ct., Cornelius 1/26/18 $105,000 Bailey Forest Development Inc. to South Creek Construction Inc., Lot 8 Bailey’s Forest, Cornelius 1/29/18 $379,000 South Creek Homes to Englert Living Trust, 11414 Dublin Crescent Rd., Cornelius 1/29/18 $370,000 Pulte Home Corp. to Justin & Leslie Wright, 12914 Heritage Vista Drive., Huntersville 1/29/18 $420,000 Anita Blowers to Andrew

Bell, 21012 Harken Dr., Cornelius 1/29/18 $230,000 Michael & Peggy Ebner to Miranda Steele, 19602 Shevington Dr., Cornelius 1/30/18 $280,000 Michael & Madeline Naegele to Meng Li, 17728 Harbor Walk Dr., Cornelius 1/30/18 $305,000 Daniel & Maria Jiminez to Cerberus SFR Holdings, 15007 Rosemary Way Dr., Huntersville 1/31/18 $852,500 Harold & Claudia Shinn, Paul & Nora Shinn to Norma Fraser, 17114 Island View Dr., Cornelius 1/31/18 $359,500 Epcon Huntersville to Michael & Madeline Naegele, 14925 Dewpoint Pl., Huntersville 2/1/18 $578,000 Anderson & Francesca High to Jeremy Cash, 18934 River Falls Dr., Davidson 2/1/18 $333,000 Jason & Sara Casiday to AMH NC Properties, 15612 Waterfront Dr., Huntersville 2/2/18 $300,000 Jeffrey & Jeralyn Hanson to Kelly & Jon Eriksson, 21201 Kane Alexander Dr., Huntersville 2/2/18 $339,500 Pulte Home Co. to AINO NC, 12625 Heritage Vista Dr., Huntersville 2/2/18 $470,000 Michael & Lauren Cardwell to Cristine Sizer, 14602 Old Vermillon Dr., Huntersville 2/2/18 $324,500 Darcy & Jan Reid to Carson Isaacs, 8810 Lake Pines Dr., Cornelius 2/2/18 $1,662,500 Christopher & Laura Caffey to Thomas & Sally Meek, 18421 Peninsula Club Dr., Cornelius 2/2/18 $348,000 Epcon Nantz Road LLC to James & Elaine Ravencraft, 16116 Lakeside Loop Ln., Cornelius 2/6/18 $394,500 Jayne Holland to Giovanni & Jenna Gallo, 15411 Hugh McAulay Rd., Huntersville 2/6/18 $380,000 Henry & Susan Cook to Erica & Henry Cook II, 15915 Cramur Dr., Huntersville 2/6/18 $224,000 Matthew & Mary Fountain to Sanyogita Jamadagni & Sreeram Suri, 19713 Playwright Way, Cornelius 2/7/18 $498,000 Kelvin & Cynthia Jamison to Jonathan & Melanie Perry, 8821 Branchside Ln., Huntersville 2/7/18 $250,000 William Ruppel & Jennifer Beasley to AMH NC Properties, 15540 Crossing Gate Dr., Cornelius 2/8/18 $1,750,000 Daniels Co. to Gary & Maria Blase, 16900 Shipswatch Pl., Cornelius 2/8/18 $295,000 David & Sharon Allen to Tara Allen, 19208 Brookgreen Garden Pl., Cornelius 2/8/18 $261,500 Robert & Angela Kozyra to Michael Ankrom Jr., 19215 Celestine Ln., Cornelius 2/9/18 $1,145,000 John & Constance Kufner to Chase & Lauren Riggins, 15615 June Washam Rd., Davidson 2/9/18 $265,000 Gerald & Jazmin Addy to AMH NC Properties, 6820 Sweetfield Dr., Huntersville 2/9/18 $568,000 Wahid Tawfik & Parvana Arkhaft to Bill & Lindsay Ashley, 17416 Summer Place Dr., Cornelius

2/12/18 $400,000 Elizabeth & Robert Jones to Jacob & Heidie Canter, 9911 Devonshire Dr., Huntersville 2/12/18 $475,000 Shannon & David Stout Jr. to Kevin & Amy Wilson, 328 O’Henry Ave., Davidson 2/12/18 $390,000 Richard & Linda Rutsky to Steve & Susan Bumgarner, 1526 Lovers Lawn Trace, Cornelius 2/12/18 $268,000 Gilbert Lovinsky & Samuelle Mereille to Kelly Beasly, 157 Seafeld Ln., Huntersville 2/13/18 $292,000 Greater Carolina Property Group to Mrinalini & Ashish Joshi, 14608 Lyon Hill Ln., Huntersville 2/13/18 $370,000 Todd Stone & Jeremey Bennett to Philip & Caroline Jarvis, 17221 Lake Path Dr., Cornelius 2/14/18 $270,000 Jerzy & Rivka Ostaszewski to Jason Myers, 8319 Townley Rd., Huntersville 2/14/18 $291,000 Bonnie & Courtney O’Leary to AINO NC LLC, 14415 Lyon Hill Ln., Huntersville 2/15/18 $250,000 Michael & Regina Pugliese to Colin Johnson, 19237 Lake Norman Cove Dr., Cornelius 2/15/18 $1,385,000 Gregory & Beth Archer to Vikram & Pooja Singh, 17613 Spinnakers Reach Dr., Cornelius 2/15/18 $208,500 Jessica & Todd Berleson to William & Saranne Wilson, 19612 Heartland St., Cornelius 2/15/18 $305,000 Sean & Melissa Boyle to John & Corine Clemons, 13414 Centennial Commons Pkwy., Huntersville 2/16/18 $350,000 South Creek Homes to The Rice 2013 Family Trust, 17832 Coulter Pkwy., Cornelius 2/16/18 $380,000 Francis & Teresa Wasmus to Andrea Howard, 18641 Harborside Dr., Cornelius 2/16/18 $1,850,000 Jamin Pastore & Natalie Pasquarella to Kathryn Keele, 16915 Shipwatch Pl., Cornelius 2/16/18 $544,000 Michael & Nichole Caldwell to Angelo Tillman, 9905 Hillspring Dr., Huntersville 2/16/18 $395,000 Michael & Mary Burke to Aimee & Richard Janawsky Jr., 13807 Helen Benson Blvd., Davidson 2/16/18 $363,000 Aimee & Richard Janawsky Jr., to Chelsea Viviani & Ernest Pierce, 17327 Summers Walk Blvd., Davidson 2/16/18 $505,000 Epcon Nantz Road LLC to William & Betty Seifert, 16022 Lakeside Loop Ln., Cornelius 2/20/18 $326,000 DR Horton Inc. to Dennis & Cortney Mondzak, 14839 Long Iron Dr., Huntersville 2/20/18 $395,000 KTL Trading to Adam & Michelle Gunning, 15828 Stonemount Rd., Huntersville 2/21/18 $601,000 Tower Inc. to Samuel & Chelseanne Smith 748 Amalfi Dr., Davidson

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

15


Business Today

16 March 2018

On The Record Continued from page 15

Mooresville 1/22/18 $1,250,000 Paresh & Manisha Patel to Stephen & Wendy Lawson, 161 White Horse Dr. 28117 1/22/18 $283,500 Michael & June Giorno to Marshall & Cassie Fincher, 202 Silverspring Pl. 28117 1/22/18 $380,000 Standard Pacific of the Carolinas to Mark & Mindi Furrow, 196 Rustling Waters Dr. 28117 1/22/18 $268,000 Carolyn & Crecencio Muniz to Alice & Thomas Bolden, 107 Pier 33 Dr., Unit 105 28117 1/22/18 $252,500 Ronald & Edith Dover to David & Megan Smith-Tilley, 2193 Coddle Creek Hwy. 28115 1/22/18 $1,456,000 Ronald S. Shaw to Mei Yong Xiao & Zhi Qin Liu, 176 Plantation Dr. 28117 1/23/18 $494,000 Nest Homes LLC to Jeffery & Diane Dopheide, 120 Slocumb Ln. 28117 1/23/18 $1,355,000 George & Roseann Halages to Terrence & Susan Allen, 185 Whippoorwill Rd. 28117 1/23/18 $255,000 Shawn & Cara Coladonato to Jesse Luviano, 252 Glenallen Rd. 28115 1/23/18 $275,000 Eastwood Construction to Rachel M. Hamilton, 103 Emperors Trl. 28115 1/24/18 $418,000 Nest Homes to Nicholas & Laura Able, 178 Country Lake Dr. 28115 1/24/18 $668,000 Darren & Lindsay Montgomery to Ian & Kia Levine, 104 Breakwater Ct. 28117 1/24/18 $600,000 Barbara & Jerry McNinch to Classy Critters Pet Resort, 112 ABJ Way, Unit 116 and 110 28117 1/24/18 $715,000 Stuart & Gloria DeWitt to Darren & Lindsay Montgomery, 314 Barber Loop 28117 1/24/18 $1,705,000 Thomas & Lynette Korte to Jan Mosholt & Mariane Carna, 164 Polpis Dr. 28117 1/25/18 $340,000 Eastwood Construction to Jason & Christa Brooks, 251 Bushney Loop 28115 1/25/18 $395,000 Rickey & Laura Matthews to Riki Rachtman, 121 Cove Creek Loop 28117 1/25/18 $405,000 BMCH North Carolina to Mark Ridenhour & Cynthia Settle, 144 Rain Shadow Dr. 28115 1/26/18 318,000 Beverly Smithberger to Kevin & Melissa Howard, 152 Lavender Bloom Loop 28115 1/26/18 $330,000 Ronald & Jewell Grier to Jose Eduardo Perez, 110 Town Center Dr. 28117 1/26/18 $345,000 Taylor Morrison of Carolinas to Bruce & Julie Guyant, 127 Eagles Landing Dr. 28117 1/26/18 $250,000 Lennar Carolinas to John & Remiza Powell, 107 Congaree Loop 28117 1/26/18 $274,000 D.R. Horton to James Joseph Jansen, 105 Knightsway Dr. 28115 1/26/18 $326,000 Laura A. Telling to Sherman & Kendrick Morton, 117 N. Audubon Ave. 28117 1/26/18 $385,000 Roger & Deborah Neill to

David & Tanya Johnson, 169 McInnis Rd. 28117 1/26/18 $285,000 Steven Franklin Stout to Laura A. Telling, 297 Bridges Farm Rd. 28115 1/29/18 $348,000 D.R. Horton to Kirk Domanick & Elizabeth California, 160 Blueview Rd. 28117 1/29/18 $507,000 Eric & Becky Hughes to Scott & Elaine Hughes, 353 Whippoorwill Rd. 28117 1/29/18 $261,000 CalAtlantic Group to Lawrance Rodney Pratt, 165 Paradise Hills Cir. 28115 1/30/18 $273,000 Live Well Homes to CSHP One LP, 142 Sassafras Rd. 28115 1/30/18 $294,500 Live Well Homes to CSHP One LP, 138 Sassafras Rd. 28115 1/30/18 $330,000 Taylor Morrison of Carolinas to Graeme & Fiona Raffan, 154 Eagles Landings Dr. 28117 1/30/18 $433,000 Sidney Courtney & Sangwian Aunthirot to Adrienne & Vincene Murano, 265 South San Agustin Dr. 28117 1/30/18 $370,000 D.R. Horton to Jamie & Beth Davis, 189 Blueview Rd. 28117 1/31/18 $370,000 Niblock Homes to Michael & Judy Marsalisi, 225 Branchview Dr. 28115 1/31/18 $254,500 Barbara & Arnulfo Ruiz to Dennis & Loretta Berry, 140 Rustic Way Ln. 28117 1/31/18 $295,000 Ketchum Residential LLC to Cerberus SPR Holding, 141 Steeplechase Ave. 28117 1/31/18 $317,000 D.R. Horton to Ronald & Cynthia Biedelman, 121 Hank Bluff Dr. 28117 1/31/18 $310,000 Taylor Morrison of Carolinas to Johanna Trejo & George Naranjo, 116 Stibbs Cross Rd. 28115 1/31/18 $250,000 William & Kim Powell to Joseph Bryan Whitlow, 353 S. Magnolia St. 28115 1/31/18 $250,500 Eric & Jennifer Wilkinson to Donna & Jamie Policz, 119 W. Park Ave. 28115 1/31/18 $450,000 Marcus & Gayle Jones to Eric & Jennifer Wilkinson, 201Brumley Rd. 28115 2/1/18 $465,000 Meritage Homes of the Carolinas to Cathleen & Robert Peterson, 144 Campnile Dr. 28117 2/1/18 $476,000 NVR to Deanna & Robert Carne, 203 Welcombe St. 28115 2/2/18 $420,000 J&S Investments of Lake Norman to Charles & Cheyenne Mangione, 261 Greenbay Rd. 28117 2/2/18 $525,000 John & Maria Dunnigan to Douglas & Leslie Johnson, 113 Brockton Ln. 28117 2/2/18 $460,000 Jamie & Windy Holder to Michael & Heather Bellemore, 199 Canoe Pole Ln. 28117 2/5/18 $450,000 Nest Homes to Kristie Duff & Emily Vandusen, 125 Slocumb Ln. 28117 2/5/18 $417,000 Matthias & Amy Loh to Kurt & Krista Gillick, 117 Windy Knox Ln. 28117 2/5/18 $303,500 Live Well Homes to CSHP One LP, 131 Sassafras Rd. 28115 2/5/18 $303,500 Live Well Homes to CSHP One LP, 135 Sassafras Rd. 28115 2/5/18 $311,000 Live Well Homes to CSHP

One LP, 127 Sassafras Rd. 28115 2/5/18 $294,500 Live Well Homes to CSHP One LP, 139 Sassafras Rd. 28115 2/6/18 $352,500 Kevin & Jennifer Miller to Callis & Maryke Carleton, 128 Farmstead Ln. 28117 2/6/18 $267,500 Meeting Street Towns II LLC to Frances Napier Miller, 110B Mint Ave. 28117 2/6/18 $400,000 Lakewalk Waterfront LLC to Nest Homes LLC, 147 Little Indian Loop 28117 2/6/18 $335,000 Eastwood Construction to Glennis & Manuel Miranda, 246 Bushney Loop 28115 2/7/18 $270,000 CalAtlantic Group to Francis & Patricia Cotter, 190 Paradise Hills Cir. 28115 2/8/18 $290,000 BMS Investment Properties to Robert & Angela Kozyra, 129 Hidden Harbor Rd. 28117 2/8/18 $343,000 James & Marion Graham to Brett C. Henderson, 198 Catalina Dr. 28117 2/8/18 $288,000 M/I Homes of Charlotte to George & Terri Auman, 182 Glastonbury Dr. 28115 2/9/18 $345,500 IQ Custom Construction to Timothy & Katherine Sylvia, 112 Brawley Woods Ln. 28115 2/9/18 $543,000 Steven & Joyce Ziemer to John & Christine Lucas, 143 Palmer Marsh Pl. 28117 2/9/18 $350,000 IQ Custom Construction to Rickie & Lisa Ebanks, 104 Millhouse Rd. 28117 2/9/18 $385,000 James & Ernestine Schuster to Daniel & Vanessa Navarro, 175 Culpeze Rd. 28117 2/9/18 $278,000 D.R. Horton to James & Linda Rogers, 109 Knightsway Dr. 28115 2/9/18 $475,000 Khaled Mohtady & Nagwa Gadallah to David & Terry Burbo, 127 Meadow Run Ln. 28117 2/12/18 $398,000 Nicholas & Kylie Hughes to Richard & Karen Winslow, 131 Waterford Dr. 28117 2/13/18 $1,075,000 Floyd & Lucinda Hensley to Robert & Susan Spencer, 120 Quaker Rd. 28117 2/13/18 $342,000 NVR to Ryan M. Truex, 183 Welcombe St. 28115 2/13/18 $261,000 Kelly & Judy Hewitt to Floyd Douglas Hensley, 113 Clarendon St., Unit E 28117 2/13/18 $515,000 Jesse & Pamela Oates to Stephen & Karin Joyce, 101 Stat Cir. 28117 2/14/18 $862,000 Dale H. Patterson to JD Woodstream, 163 Woodstream Cir. 28117 2/14/18 $265,000 Sean & Jeanine Robillard to Michael & Michelle Devine, 113 Downy Thistle Ln. 28115 2/14/18 $293,000 Taylor Morrison of Carolinas to Aino NC, 116 Hillston Ln. 28115 2/14/18 $378,000 George & Terri Auman to Matthew & Debra Sobolewski, 116 Serravista St. 28117

More Mooresville 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.

Cabarrus County 01/25/18 Debra O’Brien, 146 Cedarwood Pl., Concord, Branch Banking and Trust Co., $45,000 01/26/18 William Leighton, 11080 JC Murray Dr., Concord, PennyMac Loan Services LLC, $234,386 01/26/18 Garland & Kellie Chapman, 4200 Miami Church Rd., Concord, Bank of America, $214,290 01/29/18 Bobby & Deborah Allen, 8496 Bondale Rd., Concord, Bank of New York Mellon, $111,500 01/29/18 David Clark, 2925 Deep Cove Dr., Concord, Bank of New York Mellon, $145,000 01/30/18 Clyde & Amy Simpson, 1045 Lindler Dr., Concord, Bank of America, $191,468 01/30/18 Sean & Diane Cox, 5307 Tanbark Ln., Kannapolis, Bayview Loan Servicing LLC, $108,000 01/31/18 Jeffrey & Melissa Holmes, 1155 Belmont Ct., Concord, Federal National Mortgage Assn., $102,100 01/31/18 Betty Stancil Estate, 2654 Saddlewood Cr., Concord, Nationstar Mortgage LLC, $158,175 01/31/18 Ryan Day & Jennifer Sawtell, 9802 Waltham Ct., Charlotte 28269, US Bank Trust, $193,464 02/01/18 Marie Vargas, 136 Kennedy Ave., Kannapolis, Habitat for Humanity Cabarrus County, $80,000 02/01/18 Rodolfo Rodriquez & Melissa Lopez, 9699 Brandybuck Dr., Charlotte 28269, Nationstar Finance, Inc., $289,567 02/02/18 Thomas & Jennifer Story, 6007 Vanderhorst Dr., Concord, Pingora Loan Servicing, $78,551 02/02/18 Tony & Michele Foster, 2530 Old Plank Rd. Concord, Wells Fargo Bank, $193,600 02/02/18 Kenneth & Kativa Turull, 469 Clearwater Dr., Concord, U.S. Bank National Assn., $165,600 02/02/18 Christopher & Ashley Barnes, 70 Pine Grove Church Rd., Concord, Bayview Loan Servicing, $58,648 02/05/18 Gary & Jodi Cunningham, 5234 Afterglow Ave., Concord, Wells Fargo Bank, $377,821 02/08/18 Lisa Burnette & Tina Brewer, 4631 Birmingham Ave., Concord, Ditech Financial LLC, $235,653 02/08/18 Timothy & Corey Davis, 2745 Lamplighter Dr., Kannapolis, Nationstar


Business Today

March 2018

17

On The Record Mortgage LLC, $187,933 02/12/18 Gregorio & Veronica Gutierrez, 300 Eastway Ave., Kannapolis, Federal National Mortgage Assn., $122,800 02/13/18 Lanita Brooks, 9651 Storybrook Ave., Concord, Nationstar Mortgage, $167,838 02/14/18 Johnnie & Dolly Richardson Estate and Charles Moore Estate, 2335 Ellerbe Dr., Kannapolis, Wells Fargo Bank, $23,000 02/16/18 Stephen & Kimberly Oxendine, 2125 Lane St., Kannapolis, JP Morgan Chase Bank, $85,424 02/16/18 Paul & Kimberly Tobin, 9672 Ravenscroft Ln., Concord, Lakeview Loan Servicing LLC, $244,489

More Cabarrus Foreclosures online at www.BusinessTodayNC.com

Mecklenburg County 2/6/18 Shane E. Farley, 7618 Wynstone Ridge Cir., Huntersville, iFreedom Direct Corporation $181,827 2/6/18 Tyler M. Elliott, 21128 Crealock Pl., Cornelius, Home123 Corporation $259,200 2/6/18 Scott & Carrie Humphries, 9722 Dark Crystal Ct., Huntersville, DHI Mortgage Company $200,000 2/16/18 Judith Shepherd, 8723 Doe Path Ln., Huntersville, Mortgage Electronic Registration $204,676

More Mecklenburg Foreclosures online at www.BusinessTodayNC.com

Mooresville 1/23/18 Ginger & Diriek Nance, 215 E. Wilson Ave. 28115, National Bank of Shelby $84,353 1/25/18 Joby & Elizabeth Adamicka, 215 Beracah Pl. 28115, New Penn Financial $269,685 1/29/18 Palmer B. Chandler, 309 Cedar St. 28115, Bank of America $108,200 2/1/18 Shirley G. Overcash, 309 Johnson Dairy Rd. 28115, Harvard Home Mortgage $127,500 2/5/18 Stuart & Rebecca Lindsey, 250 Colony Dr. 28115, Wachovia Mortgage $404,000 2/15/18 John & Annie Johnson, 533 W. McLelland Ave. 28115, Wachovia Bank $56,974

More Mooresville Foreclosures online at www.BusinessTodayNC.com

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

Cabarrus County 1/22/18 Joest Logistics LLC, Regina Turan, 5650 Sandusky Blvd., #101, Concord 1/22/18 VRAJRAJ Inc., Rusab Patel, 1601 Concord Pkwy. N, Concord

1/23/18 Alpha-1 Auto Parts LLC, Vitality Volokitkin, 242B Ann St. NW, Concord 1/23/18 Andrea Elise Inc, Andrea Hemphill, 389 Honeycutt Dr., Concord 1/23/18 Concord Redevelopment Partners LLC, Justin Mueller, 1151 Biscayne Dr., Concord 1/23/16 KHill Realty LLC, Kyle Hill, 3806 Bent Creek Dr. SW, Concord 1/23/18 United House Ministries, Andrew Olafsson, 4671 Garrison Inn Ct. NW, Concord 1/24/18 Canis Holdings LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S, Ste. 103, Concord 1/24/18 Phillis Holdings LLC, Eslie Rolland Phillips III, 724 Wilhelm Pl. NE, Concord 1/24/18 Skyy Transports LLC, Barbara Anderson, 9632 Estridge Ln., Concord 1/24/18 SNT Solutions LLC, Rahul Palhan, 691 Harris St. NW, Concord 1/25/18 2770 Zion Church Road Inc., Ronnie Wilson, 2770 Zion Church Rd., Concord 1/25/18 Just Let Me Do It LLC, Colleen Pyle, 4178 Roberta Rd., Concord 1/26/18 1932 Barn LLC, Lori D. Diefenbach, 1525 Flowerfield Dr., Concord 1/26/18 Arctic Currant LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S, Ste. 103, Concord 1/26/18 AWR Elite LLC, Anthony Riggins, 5701 Woodridge Ct., Concord 1/26/18 CPR 4 You LLC, Donna Gray, 2182 Prairie Rd., Concord 1/26/18 Destined for Greater LLC, Tirona Pulley, 1336 Blue Sky Dr. NW, Concord 1/26/18 Vegan Love Culture Foundation Inc., Shedrick Hall, 516 Winecoff School Rd., Concord 1/26/18 Villa Holdings LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S, Ste. 103, Concord

More Cabarrus New Corporations online at www.BusinessTodayNC.com

Mecklenburg County 1/22/18 Bullzeye Tax & Bookkeeping Services LLC, Zimean Vickers, 9911 Rose Commons Dr. E, #802, Huntersville 1/22/18 Latitude US LLC, Vanessa Ellis, 13016 Eastfield Rd., Ste. B200, Huntersville 1/22/18 R&D Custom Interiors Inc., Ronald Thiel, 11801 Bailey Rd., Cornelius 1/22/18 Smoke Properties LLC, JSF Management & Consulting Inc., 17724 River Ford Dr., Davidson 1/22/18 Smythe & Associates LLC, Jacqueline B. Smythe, 18015 Kings Point Dr., Apt. C, Cornelius 1/22/18 Wilson Coaching & Consulting LLC, Stanley M. Wilson, 18736 Nautical Dr., #105, Cornelius 1/23/18 Apogee Leadership Consulting LLC, Anna Joyce Bracco, 135 Fairview Ln., Davidson 1/23/18 BWE4 LLC, Estelle M. Carr, 12010 Journeys End Trl., Huntersville

1/23/18 Caddy & Co Video Productions LLC, Brian A. Cox, 13831 Cinnabar Pl., Huntersville 1/23/18 Gimme Paw Designs LLC, George Skelton, 12611 Chantrey Way, Huntersville 1/23/18 Happe Properties LLC, Jason Robert Happe, 19905 Sandyedge Dr., Cornelius 1/23/18 Huntersville Lutheran Church, Douglas Van Sice, 6848 Cascade Dream Ct., Huntersville 1/23/18 Noisy Pulse LLC, Nigel Ross, 12802 Stella Belle Dr., Huntersville 1/23/18 On Demand Home Service LLC, Claudio Cacace, 16700 Stockland Ct., Huntersville 1/23/18 Red Seven LLC, Beann Bailey, 400 Gilead Rd. #20, Huntersville 1/23/18 SCMG – Glen Laurel LLC, Brian Sheehan, 9801 West Kincey Ave., Ste. 165, Huntersville 1/23/18 SMR Holdings LLC, Shelly Li, 21620 Old Canal St., Cornelius 1/24/18 Leeco Equipment LLC, Mark Summers, 18726 Old Statesville Rd., Cornelius 1/24/18 Rosenthal Fit Moms Lake Norman LLC, United States Corporation Agents Inc., 15606 Glen Micro Dr., Huntersville 1/24/18 Tranquil Living Inc., Melissa Lynch, 19401 Old Jetton Rd., Ste. 100, Cornelius 1/25/18 Blue House Investments LLC, Grant Richards, 20001 Shearer Rd., Davidson 1/25/18 Brico LLC, Rosy E. Brito Rosales, 19011 Long Pond Ln., Cornelius 1/25/18 CMS Construction LLC, Martin Covert, 17331 Harbor Walk Dr., Cornelius 1/25/18 DayRunner Inc., Cogency Global Inc., 19109 Catawba Ave., Ste. 200, Cornelius 1/25/18 Heritage Contractors LLC, Kevin Campion, 18705 Vineyard Point Ln., Cornelius 1/25/18 Solidae LLC, Troy Terry, 400 Gilead Rd., Ste. 2937, Huntersville 1/26/18 Ashley Kelly Brokerage Inc., Ashley Kelly, 17412 Midnight Express Way, Cornelius 1/26/18 Axiom Multifamily Consulting Corp., Jaime Miles, 20925 Norman Shores Dr., Cornelius 1/26/18 Kelly Meyers Photography & Design LLC, Kelly Meyers, 13717 Reese Blvd. W, Apt. 201, Huntersville 1/26/18 Lagoona Equity LLC, Greg Hero, 20825 Lagoona Dr., Cornelius 1/26/18 Lucky 7 Motors LLC, Clifford Hecht, 9721 Bethel Church Rd.-Mcnaught 101A, Cornelius 1/26/18 New Age Mindset Marketing Inc., Scott Grasso, 13420 Reese Blvd. W, Huntersville 1/26/18 Paxsal Co. LLC, Manish Jain, 12910 Olive Park Dr., Huntersville 1/26/18 Queen Boss Properties LLC, Farrah Grooms, 10318 Grosson Ct., Huntersville 1/26/18 Raffael Group Inc., Amani Tadross, 101 Maxwell Ave., Huntersville 1/26/18 Upstate Garage LLC, Carmen J. Lagulli III, 13730 Sunset Bluffs Cir., Huntersville

More Mecklenburg New Corporations online at www.BusinessTodayNC.com

Mooresville 1/22/18 A&E Management LLC, Hugh Sykes, 322 E. Center Ave. 28115 1/22/18 Cre8te Design LLC, Kevin C. Donaldson, 149 Welton Way 28117 1/22/18 J.L. Meador & Company LLC, Justin L. Meador, 173 Alexander Acres Rd. 28115 1/22/18 Ozero Massage & Wellness LLC, Larisa Williams, 123 West Maranta Rd. 28117 1/22/18 Performance Planning LLC, Jason Baker, 135 Union Chapel Dr. 28117 1/22/18 Youth Renaissance Project Inc., Marquise Evans, 120 Langtree Village Dr., Ste. 406 28117 1/23/18 Corporate Clash, Hunter Ray, 109 Robin Aubrey Ln., Apt. 207 28117 1/23/18 Durga Ma’at Media LLC, Nelly Dimov, 116 Camforth Dr. 28117 1/23/18 Health Clarity Solutions LLC, Kathy W. Belk, 10505 Unity Church Rd. 28115 1/23/18 J & L Riserva LLC, Richard J. Lutzel, 126 Harbor Cove Ln. 28117 1/23/18 Leuthardt Properties LLC, Daniel Leuthardt, 176 Hickory Hill Rd. 28117 1/23/18 Love Bug Pet Sitting LKN LLC, Samantha Romero, 186 Silverspring Pl. 28117 1/23/18 Miro22 LLC, Jeffery Michael Garver, 100 Wildiris Dr. 28117 1/23/18 The Organic Nest LLC, Shelby Dench, 160 Hedgewood Dr. 28115 1/23/18 Starz Nail & Spa LLC, Laura Weber, 168 F. Norman Station Blvd. 28117 1/23/18 Tre King Band One LLC, Trevina Johnson, 568 Kelly Ave. 28115 1/24/18 A3 Digital LLC, Steven Roznowski, 140 Blossom Ridge Dr. 28117 1/24/18 BlackRock Auctions LLC, Gary W. Preston, 220 N. Main St. 28115 1/24/18 Boyd Holdings LLC, Richard J. Lutzel, 107 Easton Dr. 28117 1/25/18 Aeschliman Investments LLC, Troy Aeschilman, 104 Grand Bay Dr. 28117 1/25/18 Bolder Drones LLC, Natalie Miller, 125 Silver Eagle Ln. 28117 1/25/18 Cervantes Cleaning Services LLC, Monica Cervantes Reyes, 184 Brantley Place Dr. 28117 1/25/18 Details Consulting LLC, M.E. Leaver, 160 Lilac Mist Loop 28115 1/25/18 DGR-Crosley LLC, David Gilliland, 133 Infield Ct. 28117 1/25/18 E3 Entertainment LLC, Edward D. Hondt, 142 S. Cromwell Dr. 28115 1/25/18 Fuel Digital Solutions Inc., Tricia Meier, 138 Clearwater Ln. 28117 1/25/18 HomeAdvocate LLC, James J. Taylor, 157 Market Rd. 28115 1/25/18 Life with Shannon LLC, Shannon Wooten, 237 E. Waterlynn Rd., Unit A 28117 1/25/18 Sagamore Homes NC Inc., Kenneth L. Anson Jr., 121 Chelsea Pl. 28117 1/25/18 Woolford Group Corporation, Deborah Vamcakaris, 140 Dovetail Dr. 28115

More Mooresville New Corporations online at www.BusinessTodayNC.com


Business Today

18 March 2018

River Run

from page 1

Concord native and River Run member Cydney Clanton is a tour graduate The overall purse is $175,000; the winner gets $22,500. “River Run is excited to add to our history of hosting professional golf as we welcome the future stars of the LPGA and Symetra Financial,” said

Credit: Scott A. Miller

LPGA victories and 39 major championships, highlighted by golfers like Christie Kerr, Stacy Lewis, Angela Stanford, Christina Kim, Lorena Ochoa, Stacy Lewis, Karrie Webb, Brooke Henderson, Mo Martin and Inbee Park. Concord native and River Run member Cydney Clanton is a tour graduate. The Symetra Classic was held at Raintree Country Club in Charlotte from 2012–2016 and moved to Atlanta National Golf Club in 2017.

Slade Goldstein, President of River Run Country Club. “Our community is looking forward to rolling out the welcome mat for these talented women to test their skill on our course.” Volunteers are the backbone of any professional golf tournament, according to Jon Show, tournament director.

“We’re excited to show the LPGA how well our region can support an event like this,” he said, explaining that the Symetra Tour pro-am is one of the special experiences in all of sports. Packages include a “Meet the Pros” party, a golf shopping experience, VIP tickets to the tournament and all

The Symetra Tour is designed for up-and-comers in women’s golf. The 2016 season was the first time that a player earned over $100,000; as well as the first time that at least 12 players have earned over $60,000. Pictured here is Cydney Clanton, of Concord.

food and beverages. “There is no experience quite like entertaining clients alongside a professional golfer because you get to see how good they really are,” Show said. A former sports reporter, he is the founder of Show Sports Media a Cornelius-based public relations agency.


Business Today

North Meck Mayors Knox. “Not true. All of our towns can benefit when something positive happens in any of the three.” Knox said that the county’s decision to build the North Mecklenburg Recreation Center in Cornelius and the arts center taking shape also in Cornelius are two examples of accomplishments which will also benefit Davidson and Huntersville. His interpretation of regionalism received strong support from fellow mayors. “I couldn’t agree more with Rusty,” said Cornelius Mayor Woody Washam. “We’re putting a significant amount of time and money into the formation of the arts center, and while it will be physically in Cornelius it should benefit the entire region attracting many performers and artists.” It was only 16 months ago that the mayors of Davidson and Cornelius— on their own—broke ranks with business leaders and Aneralla and traveled to Raleigh to make a case for the toll lanes. It proved incendiary, with the Cornelius Town Board voting unanimously to censure the Cornelius mayor—and hopes for a unified front around I-77 dashed by a pair of politicians whose terms ended in the next election cycle. Political observers say the collaborative nature of all three North Meck mayors provides a rare opportunity to advance regional issues like transportation—and more esoteric ones ranging from cooperating on 911 service to the mechanics of search warrants. There is a renewed effort to get a magistrate in North Mecklenburg. While there are 27 magistrates in the county, none are in North Mecklenburg. In criminal matters, magistrates issue arrest and search warrants and set bail. That means police officers must travel down to Charlotte in order to have cases presented before the county magistrates. “This takes up a whole lot of the officer’s shift, and

March 2018

from page 1

reduces the number of police we can have on the street at any given time,” Aneralla said. He said a joint effort around for such a change would make it much more possible. A strategy session is planned within the next two weeks. Transportation Commuter rail came up. “We may now have regional power among us, but we don’t have the money nor do we control the tracks or right of way,” Washam said. “Norfolk Southern holds the cards.” Aneralla also expressed his displeasure that CATS went ahead and spent millions on yet another North/Red Line commuter rail study last year. Explaining that there is virtually no other possible route for commuter rail than the one already being considered, he said “that money could have been spent on more meaningful projects in our three towns such as bus shelters.” Washam agreed. “I was also concerned to learn that they looked at a new route for the line which would take it out of our downtown. That will not happen under our watch.” All three also said they were carefully monitoring the progress of the I-77 Advisory Board which has begun meeting. Revaluation The county will be doing a reassessment, or revaluation next year. All three mayors expect assessments to rise significantly. The last reval done in 2011 was fraught with complaints, especially regarding seemingly arbitrary values on lakefront homes. “While I am sure property owners will see increases of 20 percent to 25 percent or more in our area, we also have more confidence in the county’s process than last time around,” said Washam.

Mayors Rusty Knox, Woody Washam and John Aneralla

Carpet ● Tile ● Wood ● Laminate

704-737-5222

Making your flooring dreams come true! Flooring United has been providing homes and businesses in the Charlotte & Lake Norman Area with high quality flooring & flooring installation for more than 10 years.

FlooringUnited.com

19


Business Today

20 March 2018

Hot Properties Home prices across the country Metro

This property at 19824 Shearwater Point, Cornelius sold for $1.02 million

Prices rose 5.9% last year, more gains ahead According to the new December Case Shiller Home Price Index, single-family home prices rose by 6.3 percent in 2017 with Seattle and Las Vegas leading the way.

Seattle prices rose at a shocking 12.7 percent last year; Las Vegas, 11.1 percent. Charlotte prices rose at the rate of 5.9 percent last year, which is just fine, thank you, according to real

THE CAMERON TEAM IS HAPPY TO NOW BE A PART OF SOUTHERN HOMES!

704-905-2926

RandyCameron48@gmail.com - 704-232-5536 NancyHCameron@gmail.com - 704-905-2926

estate experts. The steady-Eddie nature of the market, with a combination of closeContinued on page 21

Atlanta Boston Charlotte Chicago Cleveland Dallas Denver Detroit Las Vegas Los Angeles Miami Minneapolis New York Phoenix Portland San Diego San Francisco Seattle Tampa Washington

Monthly change 0.3% -0.2% 0.1% -0.6% -0.3% 0.1% 0.6% 0.0% 0.8% 0.7% -0.1% -0.4% 0.0% 0.2% 0.2% 0.2% 0.5% 0.6% 0.3% -0.2%

12-month change 5.4% 5.5% 5.9% 2.6% 3.5% 6.9% 7.4% 7.1% 11.1% 7.5% 3.6% 5.2% 5.4% 5.6% 6.8% 7.4% 9.2% 12.7% 6.2% 2.8%

Source: Case Shiller Home Price Index


Business Today

March 2018

21

Hot Properties

2463 Christenbury Hall Court NW, Concord sold for $680,000

15615 June Washam Road, Davidson sold for $1.145 million Continued from 20

in properties and suburbs, as well as ongoing in-migration and income growth, make for a healthy market— that’s not way too healthy. Rapid price increases quickly make homes unaffordable, which comes back and bites big employers. Low inventory helps underpin prices, while suburban land outside Charlotte and high-rises inside Charlotte provide an escape valve. Zillow says 52.6 percent of all ​ homes nationwide worth as much or more than they were at the peak of the housing boom in 2007. The online real estate database company forecasts Charlotte will be one of the hot markets in 2018, based on strong income and population growth.​At the same time, there are more jobs. Zillow forecasts a 4 percent price gain in residential properties this year, compared to 8.9 percent in San Jose and 4.7 percent in Dallas. “We in the Charlotte region have traditionally been insulated from market highs and lows due to the economic vitality of our region, the immigration and affordability,” said Stephanie Gossett, regional vice president for Allen Tate, based in Lake Norman. “Even with low inventory pushing on appreciation, this latest report tells us we continue to see sustainable appreciation, which signifies a strong backbone in our real estate market that can withstand outside pressures.”

In Cornelius

A house at 19824 Shearwater Point has sold for $1.02 million after being listed at $1.199 million by Dixie Dean with Allen Tate in Cornelius. The lakefront home sits on more than

three-quarters of an acre, and has 100 feet of shoreline. The 1.5 story house, built in 1987, has 3,227 square feet of living area. The property, which is assessed by Mecklenburg County at $1.024 million, was also listed for sale as a waterfront lot. Dean also represented the buyers.

In Davidson

A 7,000 square foot house at 15615 June Washam Road in River Run has sold for $1.145 million after being listed at $1.195 million by Mary Anne Michael of Lake Norman Realty. The

house has plenty of sizzle, including newly darkened hardwoods, a large hot tub, outdoor bar and a fire pit on a 1.5 acre wooded lot. The basement level has a billiard room and exercise room as well as a second kitchen. On the main floor, there is a chef’s kitchen with a dual brick fireplace and the master suite. The house, which has four additional bedrooms, is taxed at a value of $978,600. Deb House with Berkshire Hathaway HomeServices represented the buyers.

In Concord

A 5,000 square-foot home at 2463 Christenbury Hall Court NW has sold for $680,000 after being listed by Cathleen Staskel with Allen Tate at $725,000. The house which was built in 2008, has five bedrooms and four baths. The master is on the main, which also sports a family room and keeping room, all on a half-acre lot. The house was on the market for a year and a half. Matt Sarver with Keller Williams represented the buyer. The tax value is $732,110.

Schooled in Real Estate Jetton Cove

15525 Jetton Road

C ER D N

Patricks Purchase

T AC R T

ON

U

Three Stories, $515,000

Buyer Representation

Private Lot, $1,450,000

Offering professional guidance and concierge-level service. Focused on clients instead of sales volume. Using education and experience to deliver a higher level of personal attention and desired results.

Call me today to discuss your real estate goals! Sherry K Hickman, MBA 704.728.1905 SchooledInRealEstate.com


Business Today

22 March 2018

Guest Opinion

The politics of guns BY BUDD BERRO The recent mass-shooting tragedy at a high school in Florida was just the latest in a series of all-too-familiar shootings over the past few years that once again ignited intense public debate about guns and public safety. United States history has been highlighted by continual efforts, often characterized by setbacks and acrimony, to address new or unresolved issues involving personal freedoms, the collective well-being and security of the citizenry and the balance between those two areas. Despite many struggles, progress has been made in these areas (recent examples include cars, aviation, drugs and alcohol) through sustained and long-term efforts that offer encouragement for those seeking similar results in the areas of guns and public safety – some of the highlights of those efforts could be as follows: Legal Framework. Much of the discussion around guns and public safety is linked to the Second Amendment to the U.S. Constitution. As with other aspects of the Constitution, the U.S. Supreme Court has provided some interpretation of this Amendment, but might have the opportunity to provide further perspective as other cases seek its consideration. The origins of the Amendment provide a basis for rich discussion: Some of its roots date to the English Bill of Rights; it was drafted over the course of more than 2 ½ years and there are slight variations

in the final text versions. Legislation and Administrative Action. While law-making and Executive action at the Federal level may be considered a daunting possibility, perhaps more likely avenues for policy change could occur at the state and local level, which sometimes serve as “incubators” for new policy initiatives and offer a more constructive timetable for results. Access to Data. There is much information that can inform a discussion about guns and gun safety – strong advocacy for access to this data and the resulting objective analysis of this information can be Berro essential to effective policy-making. Advocacy Organizations. These groups can be very effective in directing policy debate and formulation, but also should be subject to appropriate tests of accountability and transparency. Organizational board members should be accountable, rank-and-file members may not fully agree with all of the institution’s poli-

cies and programs, and corporate partners also must account to their own shareholders, employees and communities. An opportunity does exist for well-positioned advocates of differing policies that can carry equal weight in the public sphere. Business Community. Manufacturers and retailers of guns and related items, along with those businesses focused on safety and security, each have to be accountable to their shareholders, customers and communities, thereby potentially both placing limits on or encouraging their own actions. Voting. As with so many other issues and policies, registering to vote and voting are essential to a healthy democracy and policy evolution, including the area of guns and public safety. ••• There is hope from other policy arenas that the gun and public safety debate can move forward constructively, but it will require committed engagement from all citizens and institutions affected even tangentially by these issues. After a more than 30-year career in banking and finance, Budd Berro worked for Gov. Perdue as her Piedmont (33-county) Director and briefly assisted with the transition to Gov. McCrory. He most recently was the business director for a private school, and is treasurer of the Democrats of North Mecklenburg.

Book Review: Culture Hacker If your employees aren’t happy, your customers won’t be happy. If your employees are unhappy, they’ll leave, and so will your customers. Consultant Shane Green explains how the best corporate culture can catapult a firm to the top. Green comes from the hotel and hospitality industry – specifically, from Ritz-Carlton Hotels. That’s where he learned to put employees first and that if you don’t take care of your people, they won’t take care of your clients. In this intelligent

manual, Green expertly explains why employee wellbeing should be your top goal as a leader. He uses detailed case histories to illustrate why firms with strong corporate cultures are more likely to succeed. To help you reach that target, he explains how to develop a culture that sustains your employees, makes them proud to do their jobs and helps them love coming to work. getAbstract recommends Green’s instructive book to all executives.

Shane Green. Culture Hacker: Reprogramming Your Employee Experience to Improve Customer Service, Retention, and Performance. Wiley, 2017. 224 pages. ISBN-13: 9781119405726. getAbstract is the leading provider of business book summaries, with thousands of titles covered. www. getabstract.com

Editor Dave Yochum nebiztoday@gmail.com Sales & Marketing Director Gail Williams gail.todaypubs@gmail.com Vice President of Revenue Chet Barksdale chet.todaypubs@gmail.com;

Production Director David Beard production.todaypubs@gmail.com Contributing Writers Erica Batten, Cheryl Kane Dave Vieser, Cathryn Piccirillo Sherman Kate Stevens Phone 704-895-1335 The entirety of this newspaper is copyrighted by Business Today, LLC 2018 with all rights reserved. Reprduction or use without permission of any content is prohibited. Business Today is an Equal Opportunity Employer. Business Today P.O. Box 2062 Cornelius, N.C. 28031 BACK ISSUES Payable by VISA & MASTERCARD ONLY. $1.50 (if available); $4 to mail FAXED ARTICLES - $5 per page PHOTOS - $100 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


14

Thank you

2018

Sponsors!

• 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 COMMANDER: Charlotte Ear Eye Nose and Throat Associates - Dr. Michael Miltich • Christopher and Robin Davis • Dobi Financial Group • Eleven Lakes brewing - Teri Lippy • Kiwanis Club Of Lake Norman • KS Audio Video - Nathan Ziegler • Law Firm of Bentz and Associates - Catherine Bentz • The McIntosh Law Firm • Park Avenue Properties - John & Shea Bradford • Jeff and Nancy Tarte SKIPPERS: Denis and Chantal Bilodeau • Jeffrey & Amy Sparks • The Range at Denver • The Range at Lake Norman • Washam Properties - Woody & Sharon Washam MATES: John and Nancy Anarella • Blair and Margaret Boggs • Pat Cotham • John and Pamela Crutchfield • Tom and Ann Dutton • Brian Harris and Scarlett Hays • Marvin and Carol Lee • Karen Tovar • Bob and Lois Watson • Eric Worthington

Supported by

and

for 14 years


UNDER CONTRACT

SOLD

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

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

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

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

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

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

PRICE REDUCED

JUST LISTED

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

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

1,475,000| 6.29 Acres| Built by Ken Bealer 4 car garage| Pool | Covered Patio

UNDER CONTRACT

SOLS

PRICE REDUCED

$1,999,000 | The Peninsula | Waterfront Private Dock | Master on Main

$914,000 | The Peninsula | Waterfront | Private Dock | Master on Main

$679,999| The Peninsula | Boat Slip 4 Bedrooms | 3 ½ Baths

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

Business Today - March 2018  

The March 2018 issue of Business Today

Business Today - March 2018  

The March 2018 issue of Business Today

Advertisement