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16

Business Today NC

May 2018 Published monthly

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

NEWS INSIDE LYFT MEANS NO LIFT

Volume 17, Number 2 $1.50

North Carolina women make progress toward parity

Ride hailing services put the brakes on mass transit. Page 2

North Carolina’s Wage Gap by Race/Ethnicity

IREDELL DEVELOPMENT

Russ Rogerson on the prospects for growth in Iredell and Mooresville Page 3

BT PEOPLE

Susan Tillis steps up in Allen Tate; Dobi Financial has a new name; Padgett honored in Concord

Page 4

ESPRESSOWAY

@businesstodaync

Source: Budget & Tax Center analysis of US Census Bureau, American Community Survey 5-year estimates 2011-2015

BY MELISSA ATHERTON American women have come come a long way in the past 236 years: Deborah Gannett, the first female soldier in the US Army, enlisted in 1782 because she disguised herself as a man. And in the past three years, North Carolina has risen from the worst third in the nation to the middle third for both women’s employment and earnings, and poverty and opportunity. “Women in North Carolina have made considerable advances in recent

years, but still face inequities that often prevent them from reaching their full potential,” says Machelle Sanders, secretary of the NC Department of Administration. There is more disheartening news: Since the 2004 Status of Women report was published by the Institute for Women’s Policy Research, the gender gap in North Carolina has narrowed and a higher percentage of women have bachelor’s degrees, yet a larger share of women live in poverty.

North Carolina was ranked 35th in the nation with a D+ grade in the “Work and Family” category and was ranked 31st in the nation with a C grade in the “Employment and Earnings” categories. At the current rate, women in North Carolina will not receive equal pay until 2060. While women have surpassed men in education, they are under-represented in high-skilled jobs. Business Today interviewed four successful women on personal choices, family obligations and how external forces affect their careers: A law firm and retail business owner finds satisfaction in being her own boss; a woman business owner is earning the respect of her customers and peers in a maledominated business; a corporate executive is helping shape a more progressive workplace; and a nurse (she asked that we change her name) who prioritizes flexibility at work and time with her children over increased salary. See NC Women page 14

Golf is back on the upswing BY ELISABETH RICHARDSON If the annual PGA Merchandise Show is any indication, this will be a good year for an industry worth $84.1 billion in 2016— up 22 percent from 2011. It looks like more participation—especially from juniors—will help drive increases in green fees this year, as well as

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RECORDS

Transactions Cabarrus 14 Mecklenburg 15 Mooresville 15 Foreclosures 16909 Jetton Rd goes for $4 million Cabarrus 16

Mecklenburg 16 Mooresville 16 Corporations Cabarrus 17 Mecklenburg 17 Mooresville 17

www.businesstodaync.com

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

Cheryl Kane’s hands-on pointers for hiring and retaining sales staff

Page 20-21

See Golf page 8

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New Starbucks will be one of the very largest in the U.S. It’s also on the way to I-77 southbound to Charlotte Page 6


Business Today

2 May 2018

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BY DAVE VIESER The Northlake Airport Connector bus has been given a reprieve. With ​Mecklenburg County cutting the subsidy for the Airport Connector Express Route from Northlake Mall to ​the airport, the Charlotte Area Transit System (CATS) was considering eliminating the 14-mile route, which carries, among others, workers to and from CLT. ​There was a hue and cry at a public hearing in April​.​“At the airport’s direction, CATS will continue the route until October 2018, while we work with airport employees to develop an alternate form of transportation between North Mecklenburg and the airport​ ,​ “ said CATS spokeswoman Krystel Green. The alternative could be CATS vanpool service. ​No one’s precisely sure—there is not much data available, according to University of California, Davis research— but Uber and Lyft are having an impact on ridership.​ ​The route has experienced a 7.7​percent​decrease in ridership during the past year, while ridership on local buses in Charlotte and many transit systems across the country has dropped even more. ​UC-Davis researchers say r​ide-hailing​ has resulted in a 6 percent reduction in the use of bus services​. ​Nearly 30 percent of urban population​ s​surveyed have adopted ride-hailing and use them on a regular basis, ​according to “Disruptive Transportation: The Adoption, Utilization, and Impacts of Ride-Hailing in the United States​,” a UC-Davis study published in October of 2017. CATS​ ‘ local bus ridership is down by over 15​percent over the past three years​. During the first eight months of the current fiscal year​alone​, the de-

crease is 11 ​percent​. Year​-​to​-​date ridership on the North Meck Rider Route​is down ​14 percent​. Local officials in the Golden Crescent have often taken issue with some of the service elements offered by CATS, suggesting it doesn’t help promote more ridership. CATS plans to release a draft report of Envision My Ride soon. Transit agencies like CATS rely on long-term trends to plan ahead; companies like Uber and Lyft are reluctant to share private research. In March, Huntersville Mayor John Anerella unsuccessfully tried to get CATS to divert study funding from a new north commuter rail route to instead bus system improvements. And Cornelius Mayor Woody Washam sa​id​ some bus riders have to stand in the grass “​​with no protection whatsoever waiting for their bus.” The drop in ridership hasn’t been lost on transit officials. CATS ​Ch ​ ief ​E​xecutive John Lewis started a program last year called “Envision my Ride,” a redesign of the bus system that he hopes will restore an increase in ridership. However, many of the changes Lewis wants will focus more on cross-town routes in Charlotte, and will probably not have a major impact on routes or services in the North Mecklenburg area. A few areas across the country, such as Seattle, have seen ridership increases. However their ridership increase was driven by a sharp increase in bus schedules, and that was paid for by increased taxes, an unattractive option for most communities. CATS has received a 1/2 p ​ ercent​sales tax since 1998 to help fund their services. The tax was approved by voters 58​ percent​to 42​percent​at that time​.


Business Today

May 2018

Chief economic developer says all Iredell is open, ready for business BY MELISSA ATHERTON The economic development czar of Iredell County, Russ Rogerson, says the business of recruiting new business is good. “You’re going to see red dirt from Statesville to the south end of the county,” Rogerson said. “We have a place where people want to live. We have a place where people want to be.” Rogerson, the executive director of Mooresville-South Iredell Economic Development Corporation (MSIEDC) and Statesville Regional Development, is Business Recruiter in Chief for Iredell County. The entities were combined in 2016. He said consolidating Mooresville and South Iredell creates a “stronger voice,” captures more economic op-

“The work force is the No. 1 site selection criteria,” said Rogerson. Corvid is a $29 million headquarters project near Lowes. Corvid provides techRUSS ROGERSON nology-based engineering solutions for the defense, automotive, aviation, and biomedical industries. The project will bring 367 jobs with an average salary of $110,000. Rogerson said Corvid will hire engineers graduating from the top universities in the Northeast and Southeast.

Rogerson said Iredell has plenty of options for industrial land and office users. On deck are $100 million investments with another $100 million expected. portunity, and “casts a wider net.” “We are working on behalf of everyone in Iredell County,” Rogerson added. Rogerson said Iredell has plenty of options for industrial land and office users. On deck are $100 million investments with another $100 million expected. Mooresville-South Iredell reported 171 project inquiries and 38 site visits in the past year, the majority in the manufacturing sector. Rogerson attributed the activity to a thriving economy. Rogerson said targeted sectors for Mooresville-South Iredell include corporate headquarters, high-tech manufacturing, automotive manufacturing, medical device and supply manufacturing, as well as energy and logistics. Rogerson also stressed the importance of workforce development. He said NASCAR not only helped the area survive the mill closures, but also provided an entrepreneurial workforce that is attractive to expanding companies like Corvid Technologies.

The business boom has some concerned about workforce housing and transportation. “We do have an affordable housing problem in the Mooresville community,” said Terrell Blackmon, Mooresville’s community and economic development manager. “Our community is starving for affordable housing,” said Keller Williams Realtor/Broker Debbie Jackson. When Cornelius Mayor Woody Washam asked whether there was “pushback” due to lack of public transportation and infrastructure, Rogerson said: “Our job is to sell our community as it is today.” The MSI Developer Council is a voluntary collaboration of local EDCs, real estate groups, chambers and government officials with a mission to encourage collaboration among the encompassing towns, cities and counties within North Carolina’s Golden Crescent. The next MSI meeting will be held July 9, 2018.

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Business Today

4 May 2018

Joshua Dobi r​ enames firm North Main Financial Group

JOSHUA DOBI

Joshua Dobi, founder of Dobi Financial Group in Cornelius, has changed ​the name of his investment management firm to North Main Financial Group​.​​Dobi, who is the 2018 chair of the Lake Norman Chamber, also opened a new office in Hickory.​ This makes three offices for the firm, which also has an office in Dobi’s hometown of Pittsburgh P​a. ​“​Our decision to make a move into Hickory was two-fold: T ​h ​ e opportunity to partner with an excellent advisor in Hickory and wanting to expand

our local/regional reach​,” said Dobi. The fee-based Registered Invest​ ment Advisor already has​clients in​ more than 30 states​. “T​his particular move was to take advantage of some opportunities to partner with some gifted folks who can provide the level of service and commitment our clients have come to expect​,” he said.​ The veteran planner says 2018 “continues to be interesting.” ​“​We are in a rising interest rate cycle, which knocks into a lot of other macroeconomic dominos—inflation,

savings patterns, capital expenditure costs, etc.— which is some​thing​different than we have seen for the last several years. It doesn’t appear that 2018 will look much like 2017, but that probably is a good thing in that prudent decisions likely have more opportunity to be rewarded in this kind of environment​.”​ The firm’s new name comes from the office location in Cornelius: A vintage bungalow on North Main, just south of the Davidson border.

Spriggs lands Aspen Allen Tate appoints Presidential fellowship new leaders in LKN Dr. Janet N. Spriggs, chief operating officer for the “Division of Student success” at RowanCabarrus Community College, has been acceptJANET N. SPRIGGS ed into the Aspen Presidential Fellowship for Community College Excellence program. She will participate in a 10-month fellowship along with just 39 educators from around the country. “Exceptional presidential leadership will be essential if more community colleges are to deliver the talent sought by employers, to enable the social mobility needed by individuals, and to ensure the levels of citizen en-

gagement critical to our democracy,” said Josh Wyner, executive director of the Aspen Institute’s College Excellence program. The Aspen Institute is an international nonprofit think tank supported by such giants in the world of business and philanthropy as the Carnegie Corp., the Rockefeller Brothers Fund, the Gates Foundation and the Ford Foundation. The fellows will learn from national experts about ways to use data to make their students more successful. Over the next decade, more than 80 percent of community college presidents are projected to retire. Twenty Aspen Presidential Fellows are now sitting community college presidents at institutions that collectively serve more than 250,000 students nationwide.

SUSAN TILLIS

Susan Tillis is the new branch leader for Allen Tate’s Statesville office. She will continue to manage the company’s Davidson office, where she has served as branch leader

since January 2017. Meanwhile, Christy Chaffee is the new branch leader and broker-incharge at Allen Tate’s Mooresville/Lake Norman office. She will oversee branch operations and lead a team of more than 35 Realtors and staff. Tillis, whose husband is U.S. Sen. Thom Tillis, is a real estate veteran

with 18 years of experience, including sales manager and recruiter. Tillis holds a bachelor of arts degree in marketing management from Bentley University in Waltham, Mass. The Huntersville resident founded The Susan M. Tillis Foundation, which supports active duty military families. Chaffee, who jumped from IvesterJackson, has eight years of residential real estate experience. Chaffee also held various senior finance and information technology positions, including vice president, project manager, senior financial analyst and senior business analyst. She holds a bachelor of science degree in psychology from the University of North Carolina-Charlotte. Chaffee and her husband, Chris, live in Cornelius.

Concord Regional renamed for Padgett J. SCOTT PADGETT

Mayor Padgett Concord Regional Airport is getting a new name: Concord-Padgett Regional Airport. J. Scott Padgett, a retired Cabarrus County educator, served as Concord’s mayor from 2001-

2017. The airport opened in 1994 with a 5,500foot runway. It’s now 7,400 feet, and ConcordPadgett Regional is one of the busiest airports in the Carolinas.


Business Today

6 May 2018

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Starbucks goes venti in former fast-food location in Cornelius

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Artist rendering of the new Starbucks in Cornelius

Starbucks will open what will be one of its largest stand-alone coffee shops in the United States in an old fast-food location on West Catawba Avenue in Cornelius. The 3,237 square foot Starbucks is about 50 percent larger than the typical suburban location for the Seattle-based coffee giant. Starbucks store size varies depending on urban versus suburban location, but the newer free-standing locations range from 1,900 square feet to 2,100 square feet, according to Calkain Cos., a boutique real estate advisory firm specializing in single tenant net lease investments. The prototypical Starbucks store— outside of the urban model—offers a drive-thru window and takes advantage of the morning commute to the nearest interstate. The one-acre property is on the right-hand side of West Catawba a block and a half before I-77 southbound into Charlotte. Starbucks is currently located on One Norman Boulevard in a multitenant building—also on the righthand side of West Catawba heading toward I-77. The existing Pizza hut building will be virtually demolished, according to the town Planning Director Wayne Herron. “The existing roof is so icon-

ic that it needs to come down. They don’t want an old Pizza Hut.” Starbucks will erect a new one story building “in the exact same footprint as the Pizza Hut building,” according to their plans submitted to the town. Starbucks has walk-up locations inside two Harris Teeter stores in Cornelius. The premier retailer of coffee has been diving into to larger standalone facilities, with a wider range of food and services. The company typically operates under a 10- or 20year net lease with rental increases every five years, according to Calkain. According to Mecklenburg tax records, the original Pizza Hut property was sold to MREA Cornelius LLC for $1.3 million in August 2017. Although the property may eventually be resold, it is being handled by the town as a renovation. Plans were approved by the town’s architectural review board in April and Starbucks is expected to submit building permit requests within a month. Meanwhile, Pizza Hut has opened in a smaller storefront at the Lake Shore Market Place on the inbound side of West Catawba from I-77.


Growth Strategies

May 2018 7

It’s time to attract and keep best sales talent Sales growth and unexpected turnover can create serious obstacles to achieving your annual sales goals. Both mean you need to hire new sales professionals. This can be challenging when low unemployment in the general economy creates smaller candidate pools as you seek to hire the best people for your sales positions. For one thing, it may take longer to fill open positions. Additionally, if the economy is strong and unemployment is low, you may face a third challenge: Your existing staff may now be more valuable to other employers seeking to lure them away. Today you must do more than an annual survey of employee satisfaction and having an open-door policy to make your talent Sales Coach happy, and to CHERYL KANE be an employer of choice. Quite seriously, you have to become a desirable, attractive employer!

Retain your sales professionals 1. Make sure your existing sales people are well compensated, have clearly defined expectations, sales goals they participated in setting and a supportive work environment that allows for work-life balance-on their terms.

2. Conduct authentic feedback sessions with your sales professionals. Plan the time in advance, tell them what questions you will be asking so they may prepare thoughtfully. Be an attentive listener; ask open-ended questions to learn well what they are telling you; promise to get back to them after you consider their feedback, then keep your word. You may be surprised at the simplicity of their requests and suggestions.

3. Compare your compensation package against your peers in the industry, and those in other industries. Talented sales professionals can easily transition to a different market and as the job market tightens in one industry the compensation it takes to lure new candidates in may attract sales professionals who seem quite content today.

4. Consider the business quality of life your sales professionals lead every day. Are you offering sufficient and up-to-date equipment, training, and perks? Don’t make them slog through unnecessary processes or work with outdated tools. Spend a day with them and really understand what they do to produce for you. You may find they are shouldering much more of a burden in the field than you realize or want them to have to deal with. Remove barriers for them and make their job easier.

Attract potential candidates 1. Find ways to showcase your organization as an inclusive environment where productivity is objectively measured, creativity is valued, and success is rewarded. Create your workplace as a workplace of choice as a part of your brand.

2. Create clear and realistic job descriptions available even when you are not actively in a search, and post them where new talent can find them when they are searching.

3. Have clear processes in place that make it easy for your existing staff to refer top talent to you. Your organization can highlight outstanding achievements of your employees in ways that also publicize your workplace quality. Employees who sincerely like working for your organization can become both the star performer and a lead recruiter.

Look internally for untapped sales talent in non-sales departments. Your human resource department can help you identify people with characteristics that match what you need; they can also help you create formalized career paths transitioning people into sales within the company so it’s easier for all employees to see it as an option as they develop their individualized career path. 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 email: CherylKane@cherylkane.net.

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Business Today

8 May 2018

Golf

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from page 1

decade. We’re in the middle of expanding our fitness facility at Verdict Ridge to three times its former size,” says Scott Knox, general manager of Verdict Ridge Country Club in Denver. A board member of the National Golf Course Owners Association, he says country clubs have to offer amenities for the whole family in order to attract new members. “Our social calendar has tripled in the past few years,” he says. “Club membership is becoming a family activity and the value is there when there is something for everyone.” Courtney Ford, general manager and director of golf at Northstone Country Club, said it’s a practical matter for families who spend money carefully. “Families have a much easier time justifying belonging to a country club if we also offer a fitness center, pools with water slides, tennis courts, and great dining. It’s about value and being attractive to every member of the family. It’s harder to just be one thing and compete.” Meanwhile, Birkdale Golf Club is in the midst of a comeback, having come under the management of Pinnacle Golf Properties. Another local public course—Rocky River Golf Club—continues to thrive, thanks to a partnership with the city of Concord. Ryan Brickley, PGA director of golf at club explains, “We’re very unique in the current market because we’re owned by the City of Concord and that has been very helpful with capital improvement projects.” He’s recruiting some golfers from country clubs because while they were paying full dues, they weren’t enjoying the full amenities because of time constraints. It was rated the top public golf course in the Charlotte area by the North Carolina Golf Rating Panel. Another golfing trend in Lake Norman is a significant uptick in younger golfers. Knox explained that Verdict Ridge “has seen a major increase in the level of interest in golf by women and junior golfers.” Northstone will have a new junior golf practice area open June 1 with two new tee boxes, a new putting and chipping green and a bunker area. Indeed, one of the largest growing groups of golfers is young girls, according to Jon Show, director of the Symetra Classic at River Run. “More than 50,000 girls a year are coming through the USGA-LPGA Girls

Golf Program, up from just 4,500 per year back in 2010,” he says. Here’s a look at area golf clubs and what’s new this year.

BIRKDALE GOLF CLUB, HUNTERSVILLE,

Public Located on 200 acres of rolling terrain, Birkdale is an 18-hole Arnold Palmer designed championship golf course. New golf course superintendent Ben Albrecht has been working hard to ensure that this challenging 7,013-yard, par 72 course is in great shape. The practice area, known as Palmer’s Playground, features a 10-acre lighted driving range and a short game area with sand trap and putting green. Two golf academies operate here—Jay Reid, who is recognized as one of the top five golf instructors in the state of NC by Golf Digest, as well as Tiffany Anselment, an LPGA golf professional who works with juniors and ladies. Call ahead for tee times.

CABARRUS COUNTRY CLUB, CONCORD,

Private The 18-hole George Cobb course is Concord’s only private country club, and is “committed to offer high-quality, consistency, and family fun all year round.” It dates back to 1927, when it was originally located in Kannapolis. it moved to the new location 1966, but the club traditions continue.

COWAN’S FORD GOLF CLUB, STANLEY,

Private Cowan’s Ford offers an 18-hole championship golf course that follows Donald Ross principles by presenting a variety of challenging and fun-to-play shots for all levels of golfers. The course measures almost 7,000 yards from the tips, but there are a variety of tees to accommodate players of all abilities. Golfers can work on shaving off strokes in its 40,000-sq.ft. practice facility (with chipping and pitching greens) and large practice putting green. Members also enjoy a junior Olympic size pool (and swim team), tennis courts, and private access to Lake Norman via its boat ramp and dock.

HIGHLAND CREEK, CHARLOTTE,

Semi-private. This 18-hole championship course has been rated both the best and the toughest public golf course in the Charlotte area. Designed with extra care to preserve the natural beauty of the area, the course features four sets of tees measuring from 5,080 to over 7,000 yards.


Business Today

The practice facility at Highland Creek includes a driving range, 12,000-sq.-ft. putting green, chipping green, and practice bunker. Other amenities include a 15,000-sq.-ft. clubhouse and a restaurant with full bar.

IRISH CREEK, KANNAPOLIS,

Private This 18-hole David Love III Signature Golf Course nestled in a mature forest and encircling a pristine 400-acre lake speaks to both the advanced and novice golfer. Members can dine in the rustic Grill Tavern (overlooking the pool and the first tee) or the main dining room. The bar provides the perfect al fresco experience for a before or after dinner drink. It was rated No. 5 in the Greater Charlotte Region by the NC Golf Panel.

MOORESVILLE GOLF CLUB, MOORESVILLE, Semi-private Newly redesigned by Kris Spence, all 18 holes at the newly renovated facility have a links-style feel. Renovations also include new cart paths, new irrigation/ pump house, and the newly completed 17,000-square foot club house, which features a restaurant, snack bar and grill, pro shop, outdoor seating, and garage facility to house golf carts with top of the line GPS systems. The public can book tee times two weeks in advance, which it recommends as tee times fill up fast.

May 2018

PINE ISLAND, CHARLOTTE,

Private Some people say this beautiful and challenging course, inspired by rolling farmland, requires proficiency, reverence and thought. Throughout the years, it has continually been upgraded and redesigned, but the serenity of the original design has remained. Members can improve their game in its practice area, featuring an 8,000 sq. ft. putting green, expansive turf hitting area, and Wedge Wrx pitching game. The Member Grill is a hole in one for lunch or dinner or a hand-made cocktail.

VERDICT RIDGE, DENVER,

Semi-private This well-conditioned golf course features five sets of tees with yardages playing up to 6,926 yds. Surrounded by custom homes, Verdict Ridge boasts generous fairways, elevation changes, low-lying wetlands, and an abundance of wildlife, truly blending in with the landscape and nature that surrounds it. Upscale amenities include the Guilties Bistro, a full-service golf shop, fitness center (currently under renovation), locker rooms, and more.

Private Consistently ranked as one of the best golf courses in the Carolinas, River Run features 7,300 yards of gorgeous Bermuda fairways and well-manicured Champions Ultra Dwarf greens. Golfers at all levels of play enjoy this course, and customized instruction is available with some of the area’s top golf professionals. From May 17-19 it will host the Symetra Classic with a $175,000 purse. Symetra’s mission is to prepare the world’s best young women professional golfers for a successful career on the LPGA Tour.

ROCKY RIVER GOLF CLUB, CONCORD,

Private Situated on 237 artistically landscaped acres, this P. B. Dye Signature Course scores high with members and guests alike. Golfers seeking to improve their game should explore the state-of-the-art golf studio, which offers instruction from eight golf professionals, two indoor hitting bays, club fitting, video analysis for instruction, and the use of mobile devices in each bay so that golfers can adjust their swing in real time. Major improvements to the tennis facility are coming in June.

THE PENINSULA CLUB, CORNELIUS,

SKYBROOK GOLF CLUB, HUNTERSVILLE,

Private This 18-hole championship golf course is at the top of its game in course maintenance and amenities. Its practice facility offers driving ranges, plenty of sand for golfers to perfect their bunker shots and video analysis from golf instructors to help golfers improve their swing. Members can also relax at the pool, clubhouse or the dining room, which overlooks the fairways and Lake Norman.

Private This immaculate Greg Normandesigned course has lovely views of Lake Norman from two-thirds of its holes. Its state-of-the-art practice facility provides golfers with the knowledge and instruction needed to shave strokes off their game. Overlooking the 18th green, The Tavern offers golfers an upscale pub atmosphere with awesome cuisine.

RIVER RUN, DAVIDSON,

Public This unique course incorporates land features by adapting to the contours of the Rocky River and surrounding wetlands. Over the last 18 months, they have renovated the green side bunkers, which has improved drainage and overall playability, and also updated the irrigation system. Rocky River has a golf shop, Stonehouse Grille restaurant and a clubhouse with a picturesque view that hosts events for up to 150 people. It is also the practice facility for UNC Charlotte men’s and women’s golf teams.

NORTHSTONE, HUNTERSVILLE,

TRUMP NATIONAL GOLF CLUB, MOORESVILLE,

Semi-private This John LaFoy Championship course beckons with its immaculate rolling fairways and incredibly scenic views. Expect elevation changes, challenging holes, and some great par 3’s. PGA professional instructors are available to work with any level golfer, and group lessons and clinics are available as well. Champions Grille offers drinks, sandwiches and salads.

9

Tournaments • Weddings • Memberships Available

www.VerdictRidge.com On The Quiet Side of Lake Norman 704-257-0100


NEWS - e

Business Today

10 May 2018

Uwharrie debuts high-tech branch with ‘interactive’ teller machines April 17. Albemarle-based Uwharrie Bank, one of the first financial institutions in the country to deploy remote deposit capture and mobile technology, has opened a “Branch of the Future” in Ballantyne. Complete with Interactive Teller Machines and video conferencing, the branch a major conceptual step forward for the bank. The new design includes a Tech Bar where customers can learn, ask questions, demo technology and explore product and service options., said David Beaver Uwharrie CFO. The Tech Bar has iPads for customers to self-explore the benefits of product and service options. It also has a large digital display where Universal Bankers can demonstrate and walk customers through products, benefits, technology options, and answer questions all while charging their digital devices. It was a speedy build-out for a

bank branch. Uwharrie started looking for a branch site in Ballantyne in January 2017. After nailing down a site, they designed a new concept branch from scratch in under four months. Construction began in late September 2017 and the branch opened for business in mid-March. Bankers “can not only open accounts, approve business and consumer loans, and assist in transactions and technology; but more importantly, enable a more human and lasting connection by engaging in caring dialogue to assist customers in their financial planning, explore options and customize decisions for whatever life events are affecting them,” said Pat Horton, Regional President for the bank’s retail banking division. The branch also offers free WIFI for visitors and customers in the branch and in the Community Room.

Hoke Lumber site will be up for grabs in Davidson Hoke Lumber, a mainstay in Davidson business, will move to Mooresville. The 70-year-old family-owned company already has 15 acres at Hwy. 21 and Glory Road. Owner Rick Hoke hopes to have the lumber yard completely moved by the spring of 2019. He isn’t saying what will happen to the original five-acre plot at 347 Jetton St. purchased by his grandfather. He plans on selling the property; town officials said they have not received any plans for the site. Development in Davidson became a major boiling point in last

fall’s elections and the future use of the Hoke property will be watched carefully. According to county tax records, the Davidson site has a total appraised value of just over $1 million. “We’ve acquired a 15-acre vacant parcel at the intersection of Hwy. 21 and Glory Road, in the unincorporated section of Mooresville and have begun clearing the land. However, in view of the permits and the construction process we face, I suspect it will be next spring before the move is complete,” Hoke said.

Yokohama Tire will open R&D shop in Cornelius on Bailey Rd April 10. Yokohama Tire Corp. will open up a tire R&D facility in 27,470 square feet of space on Bailey Road in Cornelius . It will be one of a handful of pure R&D facilities in North Meck. ”Attracting an international company’s new research and development facility to Cornelius is an outstanding economic development achievement,” said Mecklenburg County Commissioner Pat Cotham. Y okohama will spend about $5.85 million on the Cornelius facility, which is in a 164, 111 square foot building at 10414 Bailey Road. The project is being developed by Cornelius-based Leg-

acy Pointe Properties. The build-out for Yokohama is expected to be completed late this year or early next year, said Ryan McDaniels, executive director of Lake Norman Regional Economic Development. It will have a mix of lab and office uses . Yokohama Tire , the North American manufacturing and marketing arm of Yokohama Rubber Co. , said Cornelius is a great fit for the company , which is based in Tokyo. Tetsuya Kuze, vice president , said t he proximity to the airport and the skilled workforce i will “make this facility very successful.”

LKN Chamber Expo moving from Davidson to Huntersville this fall A mainstay of spring—the Lake Norman Chamber Business Expo—will move to the fall this year, and the location will change as well. The expo, one of the largest business-to-business trade shows in the state, is moving from Davidson College Belk Arena to the new Huntersville Recreation ANERALLA Center in October. 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 chamber 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. Still to be worked out is precisely how to handle the flooring for the expo. A contract between the chamber and Huntersville will likely have the town footing the bill for the floor-


Business Today

May 2018

11

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Aquesta first-quarter net rises 53% April 24. Aquesta Financial Holdings reports net income for the first quarter of 2018 rose 53 percent to $702,000 from $460,000 during the same yearago quarter. Jim Engel, CEO and president, said he was very pleased with yearover-year growth in earnings along with strong loan production during the first quarter. “With the addition ENGEL of key metropolitan markets and expansion of our SBA Group, we are hopeful that our loan and deposit growth trends will continue,” he said. Engel credited some of the growth to their expansion into the Raleigh and Charleston markets with the addition of new lenders, as well as the expansion of the SBA lending team. Solid Balance Sheet Growth At March 31, 2018, Aquesta’s total assets were $425.3 million compared to $408.6 million at December 31, 2017. Total loans were $324.6 million at March 31, 2018 compared to $305.3 million at December 31, 2017.    During the quarter Aquesta sold $7.6 million of SBA loans but the strong loan production more than offset these sales as noted. Core deposits were $249.4 million at March 31, 2018 compared to $243.9 million at December 31, 2017. Strong Asset Quality Asset quality remains very strong.  Nonperforming assets were at $27 thousand as of March 31, 2018 and December 31, 2017.   Aquesta had no non accrual loans as of March 31, 2018 compared to $27 thousand in non accrual loans as of December 31, 2017.  Foreclosed real estate was $27 thousand at the end of the first quarter 2018, compared to none at the end of

the fourth quarter 2017. Net Interest Income Net interest income was $3.4 million as of March 31, 2018 compared to $2.9 million as of March 31, 2017. This is an increase of $506 thousand or 17.5%.  The increase in net interest income continues to be directly associated with the Company’s continued loan growth. Non Interest Income Non interest income was $1.4 million for the three months ended March 31, 2018 compared to $882,000 for the three months ended March 31, 2017.  The increase was due to the gains on SBA loans sold during the 1st quarter 2018.  During the quarter, Aquesta reduced its investment portfolio – partially to provide cash for the strong loan production, resulting in realized losses on those sales of approximately $117,000.  Gains on SBA loan sales for the first quarter of 2018 were approximately $626,000 compared to no gains on SBA loan sales for the first quarter of 2017. Non Interest Expense Non interest expense was $3.7 million for the three months ended March 31, 2018 compared to $3.1 million for the three months ended March 31, 2017.  The increase in expense was due to additional personnel as the Company continues to expand. Meanwhile, personnel expense rose to $2.5 million as of March 31, 2018 compared to $1.9 million as of March 31, 2017. Occupancy expense increased by $9 thousand for the three months ended March 31, 2018 compared to the three months ending March 31, 2017.  This was due to addition of the Charleston Loan Production office and SBA loan growth.  Aquesta had no OREO losses for the three months ended March 31, 2018 and March 31, 2017.

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Business Today

14 May 2018

Women

from page 1

HERE ARE THEIR STORIES. Kary Church Watson, owner of Church Watson Law, Owner of Pete & Pop’s Findery Davidson resident and attorney Kary Church Watson is an CHURCH expert on workplace-family tradeoffs. She has a Bachelor’s Degree in Communication Studies from UNC Chapel Hill, a Master’s Degree in Applied Philosophy from Bowling Green State University and a Juris Doctorate from Wake Forest University. Watson worked at a firm for 11 years after law school, then left to start her own family law practice, Church Watson Law, with offices in Charlotte and Cornelius. Watson said starting her own firm with her husband, Rush Watson, allowed more flexibility to manage work and their two children. The departure from her former firm was amicable and her former colleagues were supportive. “I left the practice for multiple reasons, most of which centered around wanting to be my own boss and to control my schedule,” Watson said. Watson said there was a glass ceiling at the previous firm, where only two partners were women. Over the years, several other women became equity partners, but they had to jump through more hoops than the men. Watson witnessed the law firm growing and taking on more complicated cases that required her to be constantly connected. She knew that if she wanted to become a partner, the unspoken rule mandated working most days. “No one ever said what the ‘rule’ was, I just knew what was expected if I ever wanted to be a partner,” Watson said. Watson had her first child in 2004 and took an unpaid maternity leave of three months. She had her second child in 2009. Watson said childcare was very expensive at $1,200 per month. Watson recalled the day she decided to leave the practice: “The day I actually decided to leave, I realized that I had never been the one to pick my son up from daycare,” Wat-

son said. But after running her own law firm, Watson wanted a creative outlook. She had always dreamed of owning her own gift shop. Watson made her dream a reality in September 2017 when she opened Pete & Pop’s Findery, a modern-day mercantile featuring local artisans. Watson said she finds the store hugely rewarding. She maintains a large children’s section at Pete & Pop’s because she loves to see children play with the merchandise. Watson has advice for women in the legal field and women seeking to start their own business. “Stick to your vision and do not let anyone patronize you...Find people you trust and ask for help. There are multiple great support systems in our community for women business owners,” Watson said. Nicole Purser, Owner & President, Purser Central Rewinding Co., Inc. Nicole Purser owns Purser Central Rewinding Co. in Concord. Purser’s faPURSER ther, Terry Purser, bought the business in 1981 and she became president in 2009. Purser is an expert in electric motors, drives, pumps, gearboxes and motor accessories. She manages technicians who rewind and rebuild electro-mechanical equipment. Purser is also a Licensed Public Utility Contractor and Licensed Building Contractor. Her company is a Certified Women’s Business Enterprise (WBE), Historically Underutilized Business (HUB) Woman Owned Business and Woman Owned Small Business (WOSB). Purser began working in the shop with her father when she was 15. She spent three years studying biology and chemistry in college. During this time, she worked in various positions including: Restaurant server, biology lab assistant, invertebrate zoology tutor, and shoe store manager. Ultimately, Purser decided to leave school and return to the electric motor business that she knew so well. Purser works in a male-dominated profession and she, too, believes there is a glass ceiling.

“Female CEOs and leaders of industries are still a minority,” Purser said. Early in her career, she had to face earning the respect of her customers and peers. She constantly had to “prove” her knowledge of the industry; she was never easily accepted as the company, which dates back to 1948. “I overcame customers calling in and wanting to speak to one of my ‘guys,’ thinking I would not be able to help them,” Purser said. Purser’s life revolves around her business because she is always on call to handle problems. She rarely leaves the shop until 7 p.m., two and a half hours after closing time. “A benefit of running my company is feeling that I have been part of opening up opportunities for other women and the pride I have in being able to stand toe-to-toe with male counterparts while earning their respect based on my knowledge of our industry,” Purser said. Unfortunately, Purser said she has not had the opportunity to hire women in non-administrative jobs. Vacancies posted on the internet are always answered by male candidates. Purser said she goes above and beyond to help women achieve their potential. “The two females I employ are paid higher than scale for my geographic region and their job skills,” Purser said. Evonne Bennett, Director of Global Diversity and Inclusion, Ingersoll Rand Evonne Bennett is helping pave the way for women to gain equal status in the corBENNETT porate workplace. As director of “Global Diversity and Inclusion” for Ingersoll Rand in Davidson, she not only helps create and lead programs to advance women in the workplace, she also demonstrates the benefits she and other women have professionally derived from involvement. Bennett is a Concord resident and three-time graduate of the University of South Carolina. She earned a Bachelor’s Degree in International Relations, a Juris Doctorate from the School of Law, and a Master’s Degree in Human Resources from the Darla School of Business.

Bennett said Ingersoll Rand, which has its North America headquarters in Davidson, is among global companies competing for a narrow pipeline of talent, while also trying to calibrate the gender balance sheet at all levels of the organization. “Strong female talent is already here in our organization, so we have constructed programs aimed to accelerate their career progression in our company,” Bennett said. “We also set our sights on women entering the workforce, ensuring our pool of candidates for any position is diverse and represents the population of the available labor force.” Bennett said Ingersoll Rand recently united with nearly 40 other companies and joined the Paradigm for Parity coalition and pledged to bring gender parity to its corporate leadership structure by 2030. The program action steps include: minimizing or eliminating unconscious biases in the workplace; significantly increasing the number of women in senior operating roles; basing career progress on business results; and providing sponsors and mentors to potential women leaders. “Joining Paradigm for Parity was an easy decision for us. The coalition goals are a natural extension of our business strategy and a manifestation of our values. And, like other strategic business goals, we know that our progress will be driven by everyone in the company, not just leaders,” Bennett said. Bennett said Ingersoll Rand also runs a four-month long Women’s Leadership Program that brings dynamic cohorts of women together to capitalize on their collective professional network, while also gaining executive sponsorship and shared understanding from formal mentoring relationships. Bennet said: “I know these efforts are working when I look around senior leadership meetings and the faces at the table are women who have successfully elevated their careers at Ingersoll Rand – including peers in my very own Women’s Leadership Program Cohort from 2014. It gets even better when those same female leaders are helping set action plans for reaching gender parity in our career lifetime.”


Business Today

May 2018

14

15

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 CAPTAINS & COMMANDERS: Frank & Lynn Manis • Range at LN & Denver - Greg & 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 Park Avenue Properties - John Bradford • Jeff & Nancy Tarte • Paul Newton • Bentz & Associates • Lake Norman Realty - Abigail Jennings • Jeffry & Amy Sparks • O2 emc / O2 Energies/Joel Olsen • Morningstar Storage of Cornelius SKIPPERS & MATES Dennis & Chantal Bilodeau • Rose Associates - Kathleen Rose • Margaret & Blair Boggs • Woody & Sharon Washam • Dixie Dean Chaz Beasley • Pamela Martin • Helena Lamb • 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 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

Supported by

and

for 14 years


Business Today

16 May 2018

O n T he Record

THIS MONTH TRANSACTIONS……………...16-17 FORECLOSURES……………...… 18 NEW CORPORATIONS……….......18

REAL ESTATE TRANSACTIONS These are recent property transactions over $250,000 as recorded by the county Register of Deeds in Cabarrus, Iredell and Mecklenburg.Mooresville

Mooresville 4/5/18 $300,000 Woods House LLC to Mark Woods & Laura Mueller, 280 Robinson Rd. 28117 4/5/18 $475,000 Robin Phillipson to Robert & Elizabeth Carroll, 278 Tennessee Cir. 28117 4/6/18 $575,000 Steven Vick to Jason Dye, 163 Peninsula Dr. 28117 4/6/18 $335,000 Matthew B. Southard to Dianna Choua Lee, 136 Wood Duck Loop 28117 4/6/18 $225,000 John & Margaret Meade to Tyler & Rachel Mitchell, 139 Clearwater Ln. 28117 4/6/18 $250,000 Craig & Wanda Jackson to James Bellissimo, 166 Gray Cliff Dr. 28117 4/6/18 $467,000 Essex Homes Southeast to Linda & John Miller, 113 Bedford Ln. 28115 4/6/18 $304,000 Charles & Joyce Macnichol to Judith Adkins, 148 Brantley Acres Dr. 28117 4/6/18 $284,000 Michael & Anita Johnson to Kimberly Schueneman & Brandon Woods, 1305 Timberlane Terr. 28115 4/9/18 $2,860,000 Legacy Village LLC to 7 Hills Mooresville LLC, 123 Legacy Village Blvd. 28117 4/9/18 $279,000 Jim & Virginia Streetman to William & Kathryn Dean, 469 W. Lowrance Ave. 28115 4/9/18 $257,000 Daryl & Susan Johnson to Adam & Michelle Barbosa, 137 W. Maranta Rd. 28117 4/9/18 $525,000 John & Laureen Saldo to Shane & Bethany Woody, 157 Palmer Marsh Pl. 28117 4/10/18 $1,175,000 Gary & Kelly Rinaldi to Stephen & Christina LaFont, 109 Kingsbury Ct. 28117 4/10/18 $307,000 Jose & Catherine Pinela to HP North Carolina I LLC, 426 Almora Loop 28115 4/10/18 $737,500 John & Susan Davenport to Gary & Kelly Rinaldi, 640 Stonemarker Rd. 28117 4/10/18 $364,000 D.R. Horton to George C. McKee III, 110 Canoe Pole Ln. 28117 4/11/18 $425,000 J&E Resort Properties to David Merryman, 115 Caladium Dr. 28117 4/11/18 $635,000 Tim & Tracy Carr to Kristen Actis-Grande & Kelly Wilson, 243 Bay Shore Loop 28117

4/11/18 $410,000 Abigail & James Jennings to Caroline Jones Carrick, 112A Argus Ln., #444 28117 4/12/18 $620,000 Scott & Sara Venczel to Christopher & Erin Houdek, 333 South San Agustin Dr. 28117 4/12/18 $1,010,000 Marlene & Stephen Stowe to Darron & Tricia Deal, 171 Waterford Dr. 28117 4/12/18 $279,000 Edwin & Jovanny Ruiz to Raymond & Linda Butcher, 108 Sparta Dr. 28117 4/13/18 $265,500 Colin Davis to Aaron Stottman & Alason Mills, 1085 Briarcliff Rd. 28115 4/13/18 $310,000 Anna Ziecker to Randy & Gloria Hinson, 424 Beaten Path Rd. 28117 4/13/18 $340,000 Thomas & Andrea Mace to Steven & Denise Montemarano, 115 Creekside Crossing Ln. 28117 4/13/18 $368,000 Arthur & Mary Francis to Paul & Jocelyn Stilwell, 117 Yellowbell Rd. 28117 4/13/18 $330,000 William & Carrie Davis to Bruce & Cynthia Carter, 343 Montibello Dr. 28117 4/13/18 $290,000 Spool Houses to Stephen & Selena Knight, 111 Shoreview Dr. 28117 4/13/18 $504,000 Lakeshore Holdings to Nelson & Jacqueline Bassett, 131 Holton Ln. 28117 4/13/18 $1,284,000 Sisters Cove of LKN to Toby & Mary Ruth Williamson, 159 Homer Ln. 28117 4/13/18 $390,000 Robert & Cynthia Long to Richard & Allison Peplin, 108 Jib Ln. 28117 4/13/18 $2,512,500 Jeffrey Blair & Danice Doganiero to Matthew & Pamela Jennings, 138 Brick Kiln Way 28117 4/16/18 $292,000 Scott & Diana McCormick to Michael F. McNeill, 120 Wood Thrush Ln. 28117 4/16/18 $417,500 James & Marjorie Slagle to Joseph & Andrea Stefanski, 931 Linwood Rd. 28115 4/16/18 $250,000 D.R. Horton to Peter & Brittany Lynch, 103 Queensway Ln. 28115 4/16/18 $610,000 Elaine Thompson Drye to Ripple Sekhon & Hark Singh, 345 Linwood Rd. 28115 4/16/18 $390,000 Avery Home LLC to Robert Tyler Benfield, 108 Streamside Pl. 28115 4/17/18 $767,000 Lakeshore Holdings to Gregory & Cherry Rush, 135 Holton Ln. 28117 4/17/18 $429,000 D.R. Horton to Keith & Elizabeth Staninger, 153 Canoe Pole Ln. 28117 4/18/18 $2,425,000 Richard & Cynthia Grove to Larry & Carol Nifong, 118 Brownstone Dr. 28117 4/18/18 $367,000 Pamela Jones to Alex L. Hirschberg, 105 Iris Meadow Dr. 28115 4/18/18 $329,000 NVR to Martin Campbell, 163 Stibbs Cross Rd. 28115 4/18/18 $287,000 Leando & Sharita Henderson to Scott & Amber Eaton, 124 Renville Pl. 28115 4/18/18 $316,500 BMCH North Carolina to William & Catherine Borries, 119 Johnson Manor St. 28115 4/18/18 $294,000 M/I Homes of Charlotte to David & Meagan Tucker, 197 Glastonbury Dr.

28115 4/18/18 $252,000 Lennar Carolinas to Annette & Jason Hermida, 104 Lassen Ln. 28117 4/18/18 $687,000 Noel & Alicia Ibanez to Karen & Paul Celentano, 120 Chandeleur Dr. 28117 4/19/18 $496,000 James Delre & Sherri Teeter to Madeline & Robert Ragone, 135 Riverwood Rd. 28117 4/19/18 $650,000 Adam & Kimberly Drake to Matthew & Alyssa Puccia, 113 Bells Run 28117 4/19/18 $303,500 Live Well Homes to CSHP One LP, 130 Sassafras Rd. 28115 4/19/18 $311,000 Live Well Homes to CSHP One LP, 134 Sassafras Rd. 28115 4/19/18 $273,000 Live Well Homes to CSHP One LP, 104 Sassafras Rd. 28115 4/19/18 $345,000 Gabriel & Erica Barnhardt to Nicholas & Sarah Geers, 155 Huntington Ln. 28117

More Mooresville Transactions online at www.BusinessTodayNC.com

Cabarrus 04/04/18 $250,000 BMS Investment Properties, LLC to Antonio & Raynell Echols, 672 Bright Orchid Ave., Concord 04/04/18 $260,000 Denise White to Gende XU & Hua Yang, 1607 NW Ryan St., Concord 04/05/18 $277,000 Edison Square Holdings, LLC to NVR, Inc., Lots 1901 – 1905 Edison Square Townhomes, Harrisburg 04/05/18 $343,000 Durgarao Kaniti & Jyothirmayi Manivannan, 1854 Briarcrest Dr., Charlotte 28269 04/05/18 $619,000 Danile Sullivan & Mary Connaughty to William & Mary Becker, 5513 Cold Creek Farms Rd., Concord 04/06/18 $570,000 Niblock Homes, LLC to Gary & Elaine Durkin, 2400 Ashbourne Pl., Concord 04/06/18 $265,000 Erik & Kimberly Jonasse to Sean Jackson, 3502 Burnage Hall Rd., Harrisburg 04/06/18 $320,000 Khalid & Noor Khan to Suresh Narayanan & Deepa Duvvuru, 4889 Pepper Dr., Harrisburg 04/06;/18 $277,000 Claudia & Radu Vladea to Prashant Saurav & Reetika Kishore, 10729 Sapphire Tr., Davidson 28036 04/06/18 $425,000 Epic II Holdings, LLC to Joseph Talbot & Megan Horton, 260 Union St., N., Concord 04/09/18 $520,000 Richard & Sara Blasi to Edward & Melissa Masterton, 2489 Christenbury Hall Ct., Concord 04/09/18 $381,000 David & Christina Glass to Erik & Kimberly Jonasse, 8727 Savannah Ave., Concord 04/09/18 $278,000 Timothy & Erin Hyman to Harold & Barbara Rutherford, 625 Peace Haven Rd., Kannapolis 04/09/18 $314,500 The Ryland Group, Inc. to Mark & Eroctonyaq Williston, 2222 Holden Ave., Concord 04/09/18 $302,000 Robin Faggart & Lori

Treiber to Emad Al-Nazer, 6609 Bealgray Rd., Kannapolis 04/10/18 $297,500 Dennis & Vickie Hamann to Benjamin Lindsey, 5807 Stratford Ct., Harrisburg 04/10/18 $352,000 Eastwood Construction LLC to Vincent Carrieri and Katherine & Susan Pausel, 4345 Falls Alke Dr., Concord 04/10/18 $361,500 Philip Starnes to Elaine Daniels & Gary Misenheimer, 5719 Woodridge Ct., Concord 04/10/18 $345,000 Peter & Natalee Skeris to Brandon & Kimberly Dewosky, 1606 Abercorn St., Concord 04/10/18 $370,000 Philip & Joan Dreswsler to Jon & Denise Estus, 2863 Jameson Dr., Concord 04/11/18 $4,150,000 Bedford Village S.A., Inc. to GFI Carolina, LLC, Lot 10 of International Business Park, Concord 04/11/18 $360,000 Frances Medlin Family Farms I, LLC to Raman Singh, 688 Concord Pkwy., Concord 04/11/18 $384,000 John & Tonda Crowe to Angela & Jason Kern, 820 Evergreen Ave., Kannapolis 04/11/18 $318,000 William & Pamela Bilger to Joseph & Kerry Ernst, 829 Livingston Dr., Concord 04/11/18 $913,000 Earl & Edith Propst to John Franklin, 4900 Sherborne Dr., Harrisburg 04/11/18 $305,000 Ida Moore to Ralph & Susan Zerwick, 5465 Morehead Rd., Harrisburg 04/12/18 $292,000 Vincent Fagart to Diego & Dayana Castro, 3210 Kelsey Plaza, Kannapolis 04/12/18 $270,000 Kennika Butler to Ariane Beras & Walter Gonzalez, 1683 Mill Creek Ln., Concord 04/13/18 $300,000 Peter & Linda O’Connor to Amanda & Brian Kuehl, 11686 Crossroads Pl., Concord 04/13/18 $387,500 Joseph & Annmarie Derosa to John Derhodes & Abigail Rutkai, 10996 Alabaster Dr., Davidson 28036 04/13/18 $302,000 NVR, Inc. to Joel & Lauren Shaul, 2159 Stone Pile Dr., Concord 04/13/18 $635,000 Brandon & Amy Roberts to Ronald Blackwell, 6174 Fox Chase Dr., Davidson 28036 04/13/18 $285,000 Miriam Mason to Robert & Amanda McMillin, 6525 Derby Ln., Concord 04/13/18 $900,000 Ronald & Marie Kelly to Gingling Yu, 8680 Hills Dell Dr., Concord 04/13/18 $299,500 Mattamy Homes to Wesley & Tomica Williams, 2815 Berkhamstead Cr., Concord 04/13/18 $355,000 Century Communities Southeast, LLC to John & Katherine Simulcik, 636 Iron Horse Ln., Midland 04/13/18 $350,000 David & Janice Tate to Ava Global, LLC, 140 Cox Mill Rd., Concord 04/13/18 $365,000 Ryan & Lettie Huyghe to Ronnie & Rubina Parson, 6825 Market Way, Harrisburg

More Cabarrus Transactions online at www.BusinessTodayNC.com


Business Today

May 2018

On T he R ecORd

Mecklenburg 4/6/18 $372,000 Stephen Murphy & Tanya Williams to Alan & Darlena Goodwin, 1142 South St., Cornelius 4/6/18 $375,000 Richard & Rita Luber to Clifford Shepard II, 16038 Hallaton Dr., Huntersville 4/6/18 $320,000 Lindsey & Robert Owens Jr. to Justin & Marisa Smith, 7019 Church Wood Ln., Huntersville 4/6/18 $550,000 Faye & Charles Davis Jr. to Jacqueline & William Davenport, 20631 Island Forest Dr., Cornelius 4/6/18 $280,000 Susan Miller to Rosemarie Owens, 21600 Old Canal St. Unit 18, Cornelius 4/6/18 $275,000 Bobbie Jean & Wayne Thompson Jr. to Amy Sweeney, Lot 72 Bordeaux at Vineyard Point, Cornelius 4/9/18 $629,000 Chester & Shirley Williams to Darin Mallory, 17125 Green Dolphin Ln., Cornelius 4/9/18 $348,000 Lynne Bacon to Mesa Verde Assets, 15308 Melon Ct., Hunersville 4/9/18 $302,000 Thomas Pennella & Robert Frey Jr. to Donald & Judith Gundry, 540 Jetton St., Davidson 4/10/18 $180,000 Christopher & Kristen Tranter to Natosha Ham, 17722 Caldwell Track Dr., Cornelius 4/10/18 $248,500 Jamie Copley to Lynne Bacon, 7525 Mariner Cove Dr., Cornelius 4/10/18 $510,000 John Lehnert to Kathyrn & John Cassette, 20330 Middletown Rd., Cornelius 4/10/18 $267,000 Anna & Edward Sage to Judith Holt, 19006 Celestine Ln., Cornelius 4/10/18 $215,000 Christina & Garrett Bryan to David & Mary McEwen, 19519 Deer Valley Dr., Cornelius 4/10/18 $425,000 Carroll & Chong Eason to Christopher Canosa, 16007 Glen Miro Dr., Huntersville 4/11/18 $250,000 Richard & Janet Williams to Elizabeth & Christian Sears, 21429 Pinecrest Pl., Cornelius 4/11/18 $388,500 Dennis & Mary Fischer to Judith Molinaro & Arthur Pitts, 9215 Brentfield Rd., Huntersville 4/12/18 $4,000,000 Thomas & Gail Balousek to Sharon & Ronald McAfee, 16909 Jetton Rd., Cornelius 4/12/18 $480,000 Nancy & Joseph January to Micheal & Deann Mealey, 14211 Salem Ridge Rd., Huntersville 4/12/18 $310,000 Garren Maynard to Steven & Brittany Augustine, 8833 Oakham St., Huntersville 4/12/18 $1,999,000 Scott & Kellie Seese to Randolph Stephenson, 17601 Westward Reach Rd., Cornelius 4/13/18 $286,000 Lewis & Maria Solot to Kimberly Slone, Vinamra Sawhney, Herbert Stone, 13717 Delstone Dr., Huntersville 4/13/18 $480,000 Steven O’Connell to James & Amy Poindester, 7611 Dunsmuir Ct., Cornelius 4/13/18 $431,000 Upscale Realty to Opendoor Property, 10823 Drake Hill Dr., Huntersville

4/13/18 $185,500 Joseph & Cynthia Young to Sherry Stevenson, 8949 Rosalyn Glen Rd. Unit 92, Cornelius 4/13/18 $450,000 Adam & Nicole Willea to Robert Holezman, 21226 Harken Dr., Cornelius 4/13/18 $224,000 Joan McDonough & David Chitwood to Janet Manning, 19911 Marina Village Dr., Cornelius 4/13/18 $335,500 Jerry & Rediet Fletcher to Matthew & Kelly Klug, 17207 Summers Walk Blvd, Davidson 4/16/18 $441,000 Paul Bartman & Marlene Markey to David Himebaugh, 21136 Harken Dr., Cornelius 4/16/18 $460,000 Brian & Mary Carter to Daniel & Kristen Limerick, 9312 Cross Oak Pl., Huntersville 4/16/18 $296,000 Kendra Sale to Valerie & Daniel Hart Jr., 11405 Potters Rowd, Cornelius 4/16/18 $650,000 Geoffrey O’Donnell Jr. & Courtney O’Donnell to James & Kathryn Hardy, 18208 Old Arbor Ct., Davidson 4/16/18 $192,500 Patricia White to Gerard & Karen Reid, 19705 Swiss Stone Ln., Cornelius 4/16/18 $425,000 Christine & Sam L.A. Marshall III to Dana & Jeffrey Andrechyn, 17434 Invermere Ave., Huntersville 4/16/18 $355,000 Mark Clementson & Maria Mesquida to Kristen Hagan, 17530 Invermere Ave., Huntersville 4/16/18 $283,500 Cheri Contes to Jessie & Lara Hill, 9429 Magnolia Estates Dr., Cornelius 4/16/18 $586,000 Joseph & Cynthia Gregory to Matthew & Claire Gidaly, 13339 Robert Walker Dr., Davidson 4/16/18 $250,000 Travis & Nayada Hoyut to Jose & Michelle Masiclat, 7810 Leisure Ln., Huntersville 4/16/18 $170,000 Rita Estes to Warrior Investments, 18036 Delmas Dr,. Cornelius 4/16/18 $265,000 Judith & Donald Gundry to Patti Cover, 20272 Amy Leed Dr., Cornelius 4/16/18 $360,000 Bryan & Sheree Hilton to Laura & Dominic Bellantuono, 15610 Sagefield Dr, Huntersville 4/16/18 $300,000 Jessie & Lara Hill to John & Kathryn Bartlemus 8013 Bridgegate Dr., Huntersville 4/16/18 $237,000 James & Torrie Thompson to Robert & Farrell Boone, 10713 Danesway Ln., Cornelius 4/16/18 $435,000 Peter & Julia Milbery to Gordon & Diana Dill, 11103 Warfield Ave., Huntersville 4/17/18 $709,000 JCB Urban Co. to Lauren & Richard Rasor Jr., 832 Patrick Johnston Ln., Davidson 4/17/18 $489,000 Donald & Rebecca Davis to Rodney & Wandia Creswell, 14508 Northgreen Dr., Huntersville

More Mecklenburg Transactions online at www.BusinessTodayNC.com

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generations our family has worked with other local families to create a meaningful experience, offering funeral options tailored to their needs. We are proud to be a part of the Lake Norman community and proud to carry on the tradition of excellence started by the Raymer family in 1989. Thank you for allowing our family to guide and comfort you through the loss of a loved one.

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16901 Old Statesville Road • Huntersville 704-892-9669 • www.raymerfh.com

17


Business Today

18 May 2018

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 03/26/18 Jeffrey & Bonnie Unruh, 9935 Holly Tree Dr., Charlotte 28215, Branch Banking and Trust Co., $159,183 03/27/18 Kyle & Amy Petty, 949 Coventry Rd., Kannapolis, Freedom Mortgage Co., $148,148 03/28/18 William & Natela McKoy, 10235 Kirkmont Dr., Charlotte 28269, Wells Fargo Bank, $223,200 04/02/18 Raymond & Deborah Davis, 1350 Piper Ct., Concord, Wells Fargo Bank, $247,716 04/02/18 Terry Kristen, 9862 Ravenscroft Ln., Concord, U.S. Bank Trust, $317,035 04/05/18 Alton Jenkins, 1023 Castle Rock Ct., Concord, Federal National Mortgage Assoc., $99,000 04/05/18 Mercedes Edwards, 2624 Brackley Pl., Concord, MB Financial Bank, $143,846 04/12/18 Dean Baker, 9695 Capella Ave., Concord, Federal National MortgageAssoc., $369,990 04/12/18 La’Kanesia Brooks, 1254 Amber Ridge Rd., Concord, Crosscountry Mortgage, Inc., $152,192 04/16/18 Turner-Baxter, Inc., 389 Corbin Ave., Concord, K &T Group, $950,000 04/16/18 Wallace & Gina Helms, 2808 Country Home Rd., Concord, New Penn Financial, LLC, $150,900 04/18/18 Steven & Ann Parrott, 122221 Bethel School Rd., Midland, U.S. National Bank Assoc., $66,000 04/18/18 George & Beth Harewood, 608 Shellbark Dr., Concord, Bayview Loan Servicing, LLC, $202,179

More Cabarrus Foreclosures online at www.BusinessTodayNC.com

Mecklenburg County 4/20/18 Charles Thomas Adams, 15716 Old Statesville Rd., Huntersville, EquiFirst Corporation $116,100

More Mecklenburg Foreclosures online at www.BusinessTodayNC.com

Mooresville 4/6/18 Robin & Jamie Furr, 149 Albany Dr. 28115, Acopia LLC $262,949

More Mooresville Foreclosures online at www.BusinessTodayNC.com

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

Cabarrus County 4/2/18 Chung Properties LLC, Tran Chung, 970 Branchview Dr. NE, Ste. 270, Concord 4/2/18 Impact Carolinas Realty LLC, Neal Pender, 7501 Ruben Linker Rd. NW, Concord 4/3/18 Experience Life LLC, DeVonte Williams, 7905 Waterway Dr. NW, Apt. 303, Concord 4/3/18 Grass Root LLC, Sarit Kumar Nandy, 11120 JC Murray Dr. NW, Concord 4/3/18 North Carolina Secular Homeschool Community, Tracy Burkett, 697 Yvonne Dr. SW, Concord 4/3/18 Willow Tree Realty LLC, Andrea M. Roten, 1243 Blackstone Ct. NW, Concord 4/4/18 GR Premium Concrete Inc., Gerardo Espinoza Rangel, 3072 Winners Cir., Concord 4/4/18 Westbrook 1005 Condominium Association Inc., Benjamin C. Karb, 300 McGill Ave. NW, Ste. 100, Concord 4/5/18 Concord Auto Mall Inc., Bashar Allaban, 701 Concord Pkwy. North, Concord 4/5/18 JRA Enterprises Inc., Thomas J. Almeter, 1283 Braeburn Rd. NW, Concord 4/6/18 Cedarview Properties LLC, Billy W. Larrimore Jr., 3600 Old Salisbury Concord Rd., Concord 4/6/18 Central Carolina PH Land Company LLC, Douglas D. Cleveland, 2331 Concord Lake Rd., Concord 4/6/18 Earl & Diane’s Boutique LLC, Kailey England, 4150 Peyton Ct. NW, Concord 4/6/18 Freedom Mining Corporation, Christopher Horoschak, 297 Halton Crossing Dr. SW, Concord 4/6/18 High Places 1B LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S, Ste. 103, Concord 4/6/18 Hopkins Consulting and Review LLC, Randy W. Hopkins, 287 Union St. S, Concord 4/6/18 JSL Properties LLC, John Ledbetter, 349 L. Copperfield Blvd. NE, #319, Concord 4/6/18 NADO LLC, Jon-Michael Devine, 8410 Pit Stop Ct. NW, Ste. 151, Concord 4/6/18 Potter & Brown LLC, Mary Elizabeth Stewart, 33 Church St. SE, Concord 4/9/18 Fhaolain Group LLC, Brian D. McClellan, 1401 Zion Church Rd. E, Concord 4/9/18 Introduction to your Potential Inc., Shedrick Hall, 516 Winecroff School Rd., Concord 4/10/18 Future Scholars Academy LLC, Crystal Grant, 2324 Concord Lake Rd., Concord 4/11/18 Borras Park LLC, Christopher W. Borras, 811 Shetland Pl. NW, Concord 4/11/18 Champions Transport LLC, Jose Lora Rodriguez, 4477 Fawnbrook SW Ave., Concord 4/11/18 Foo Dogs Defensive Tactics LLC, George Rodriguez, 6818 Babbling Brook Ln., Concord 4/11/18 Jomary’s Professional Painting LLC, Maricela Peralta, 426 Church St., Ste. 105, Concord 4/11/18 K. Beauty LLC, Kyla Alexis Rivers, 3782 Sedgewick Dr. SW, Concord

4/11/18 The Litter Pickup Company LLC, Shaun Caldwell, 1 Buffalo Ave. NW, Apt. 79, Concord 4/11/18 True Destiny Inc., Anthony Perkins, 456 Clearwater Dr., Concord 4/12/18 FAM5 Investments LLC, Michael R. Burgner, 71 McCachern Blvd., Concord 4/12/18 Lopez Landscape LLC, Calixta Bustillo, 1414 Mark Dr., Concord 4/13/18 Frenchy’s Corner LLC, Marietta Lafrancois, 310 Birnamwood Dr., Concord 4/13/18 GILism LLC, Gilbert Horne Jr., 1308 Crystalwood Ct. NW, Concord 4/13/18 Reach Consulting LLC, Aimy S.L. Steele, 1264 Branson Rd., Concord 4/13/18 Split Tail Cycles LLC, Brad Smith, 7140 Weddington Rd. NW, Ste. 120, Concord 4/13/18 TCB Laboratory LLC, John W. Turner, 43 Marsh Ave. NW, Concord 4/13/18 Then I Rise Enterprises LLC, Markelda Rankin, 1282 Branson Rd. NW, Concord 4/16/18 Linden Blossom Properties LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S, Ste. 103, Concord 4/16/18 The Mustard Ricesss Seed LLC, Robert L. Rice, 9893 Walker Glen Dr. NW, Concord 4/16/18 Nana Services Inc., Hampton I. Barnette, 811 Treva Anne Dr. SW, Concord 4/16/18 Sweet Conifer Holdings LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S, Ste. 103, Concord 4/16/18 Tides and Timber LLC, Donna Costantino, 1425 Olive Hill Ave. NW, Concord 4/17/18 Field View LLC, Stephanie L. Cooper, 5620 Concord Pkwy. S., Ste. 103, Concord 4/17/18 Five Doors LLC, Marjorie T. Benbow, 300 McGill Ave., Ste. 100, Concord 4/18/18 Adore Dior Spa LLC, Monique Horton, 315 Southampton Dr. NW, Concord 4/19/18 Austen Holdings LLC, Stephanie L. Cooper, 5620 Concord Pkwy., Ste. 103, Concord 4/19/18 Bannister Rock LLC, Stephanie L. Cooper, 5620 Concord Pkwy., Ste. 103, Concord 4/19/18 Glo Services LLC, Michael Walker, 1706 Daley Cir., Concord 4/19/18 Higherpower Baits & More LLC, Eric Winter, 3595 Valiant Ave. SW, Concord 4/19/18 Investor-Gator Home Inspection LLC, Marshall Bailey, 6012 Bayfield Pkwy., Ste. 157, Concord 4/19/18 Kim Drakulich Realty Inc., Kimberly Drakulich, 732 Yvonne Dr., Concord 4/19/18 Redefined Business Solutions LLC, Sara Ashley Sheppard, 31 Yorktown St. NW, Concord 4/19/18 Zeltech Insurance Group LLC, Gezel Hines, 7725 Sossamon Ln., Concord 4/20/18 ProActive HomeCare Services of the Carolinas LLC, Raheed Saunders, 2174 Laurens Dr., Concord 4/20/18 Speedway Escapes LLC, Sonya Hawkins, 1820 Morrison Rd., Concord

More Cabarrus New Corporations online at www.BusinessTodayNC.com

Mecklenburg County 4/2/18 Antique Farms LLC, John M. Friguglietti Jr., 575 Davidson Gateway Dr., Ste. 101, Davidson 4/2/18 Black Tie Enterprise LLC, John F. Hanzel, 19425-G Liverpool Pkwy., Cornelius 4/2/18 Daisy Chain LLC, United States Corporation Agents Inc., 13508 Crystal Springs Dr., Huntersville 4/2/18 Digital Direct Mail LLC, United States Corporation Agents Inc., 19600 W. Catawba Ave., Ste. A110, Cornelius 4/2/18 Firebird Enterprises LLC, United States Corporation Agents Inc., 20501 Shearer Rd., Davidson 4/2/18 Holden Ridge Raleigh HOA Inc., River Rock Capital Partners LLC, 8015 W. Kenton Cir., Ste. 100, Huntersville 4/2/18 Marlin Phenix Properties LLC, James Brookshire Henderson, 20515 Deep Cove Ct., Cornelius 4/2/18 Usui Reiki With Terry LLC, Jesse C. Jones, 209 Delburg St., Ste. 203, Davidson 4/3/18 DRX Wear LLC, United States Corporation Agents Inc., 13404 Freminton Rd., Huntersville 4/3/18 F&S Industrial Resources LLC, Freda Trimarchi, 9433 Magnolia Estates Dr., Cornelius 4/3/18 The Garden Store LLC, John M. Friguglietti, 575 Davidson Gateway Dr., Ste. 101, Davidson 4/3/18 JW Medical Solutions LLC, James W. Wilson, 16513 Green Dolphin Ln., Cornelius 4/3/18 Muddpuddlez LLC, United States Corporation Agents Inc., 565 Eastway St., Davidson 4/3/18 Parkgate Masonry Inc., Amy Magee, 12009 Ramah Church Rd., Huntersville 4/3/18 Stockwell Real Estate Consultants LLC, United States Corporation Agents Inc., 20339 Christofle Dr., Cornelius 4/3/18 Waterfront Group Mountain Rentals LLC, William N. Adkins, 19421 Liverpool Pkwy., Cornelius 4/4/18 Bella Style Pups LLC, Latosha Levi, 8824 Keller Ct., Huntersville 4/4/18 The Clay Group LLC, Amy B. Lykins, 442 South Main St., Ste. 19, Davidson 4/4/18 hacer Ltd., Dylan Brown, 13135 Windy Lea Ln., Huntersville 4/4/18 Lake Norman Golf Development Group LLC, Erik Herberth, 8317 Viewpoint Ln., Cornelius 4/4/18 WELLTH LLC (Wellness & Total Health), Heidi K. Stoddard, 17914 John Connor Rd., Cornelius 4/5/18 CJT Properties of Davidson LLC, Cynthia B. Tovornik, 6441 Brownhill Dr., Davidson 4/5/18 ClassFit LLC, United States Corporation Agents Inc., 12015 McIntosh Rd., Huntersville 4/5/18 Connections Counseling and Coaching PLLC, Monica Bowen, 13420 Reese Blvd. W, Huntersville 4/5/18 Pink Petal Properties LLC, United States Corporation Agents Inc., 20218 Colony Point Ln., Cornelius 4/5/18 Price Consulting Potnt Corporation, David Price, 18517 Rollingdale Ln., Davidson


Business Today 4/5/18 Pro Way Transportation LLC, Ygnatiy Nikolaycmuk, 8334 Rolling Meadows Ln., Huntersville 4/5/18 Trades Tech LLC, Arlene Douglas, 9024 Hunters Pointe Dr., Huntersville 4/5/18 Y&K Cleaning Supreme LLC, Yefrancy Mora Rangel, 19120 Chandler Landing Dr., Apt. 308, Cornelius 4/6/18 Aussie Pet Mobil of Lake Norman Inc., Julia Krauss, 428 S. Main St., Ste. B-132, Davidson 4/6/18 Kathy’s Customs LLC, Kathleen Italia Wykoff, 16103 Epiphany Ct., Huntersville 4/6/18 SRD Consulting LLC, Shelly R. Doyle, 18619 Vineyard Point Ln., Cornelius 4/6/18 Toya D. Everett LLC, LaToya D. Everett, 13016 East Field Rd., #200-333, Huntersville 4/9/18 Amanda Self Holdings LLC, Amanda Self, 10533 Samuels Way Dr., Huntersville 4/9/18 Bald Eagle Partners Manager LLC, Elizabeth A. Larner, 15303 Moate Ct., Huntersville 4/9/18 Carolina Bells Floral Design LLC, Cory Rindskopf, 15707 Prestwoods Ln., Huntersville 4/9/18 Extreme Marine of Lake Norman Inc., Stephen A. Barb, 18605 Northline Dr., Ste. H11, Cornelius 4/9/18 Ice Salon LLC, Cindy Kiem Bui, 22233 Market St., Cornelius 4/9/18 Juniper Landing Road POA, Joe Shipbaugh, 18605 Northline Dr., Unit I-3, Cornelius 4/9/18 LetsGo Racing LLC, United States Corporation Agents Inc., 605 Jetton St., Apt. 201, Davidson 4/9/18 Melinda’s Books LLC, Melinda H. Humphreys, 19776 Playwrights Way, Cornelius 4/9/18 Tipping Point Wellness LLC, United States Corporation Agents Inc., 21320 Nautique Blvd., Apt. 303, Cornelius 4/10/18 Advanced Innovative Materials Inc., Phillip A. Garner, 19424 Meta Rd., Cornelius 4/10/18 BrickTree Brewing Co. LLC, John Brinsfield, 12216 Palomar Dr., Huntersville 4/10/18 North State Riverbend LLC, Christopher Shane Buckner, 16930 W. Catawba Ave., Ste. 205, Cornelius 4/10/18 Sweet Magnolia Event Services LLC, Christopher S. Boukedes, 10101 Bailey Rd., Cornelius 4/11/18 Believe LLC, Scott Brumley, 14702 Statesville Rd., Huntersville 4/11/18 Belle Creations LLC, Patricia Foster, 20324 Carrington Trace Dr., Cornelius 4/11/18 Daniel Bieber LLC, Daniel Bieber, 16112 Grafham Cir., Huntersville 4/11/18 National Life Benefits LLC, Martin M. Brennan Jr., 13801 Reese Blvd. W, Ste. 110, Huntersville 4/11/18 Old Forge Distillery LLC, Robert Ageenko, 17512 Sail View Dr., Cornelius 4/11/18 RK Equipment Inc., John M. Friguglietti Jr., 575 Davidson Gateway Dr., Ste. 101, Davidson 4/12/18 Andy B. Designs LLC, Andrea Baker, 9632 Andres Duany Dr., Huntersville 4/12/18 Eastcomtrans LLC, Anton Yershov, 20010 One Norman Cir. D, Cornelius 4/12/18 Enterline Capital LLC, Nicholas Ross,

May 2018 18803 Harbor Light Blvd., Cornelius 4/12/18 Summit Sport LLC, Adam Ziegler Leach, 21409 Verano Pl., Cornelius 4/12/18 World Trading & Gift Corp. Inc., Marlyn Norrito, 20311 Chartwell Center Dr., Ste. 1662, Cornelius 4/13/18 All Custom Build Inc., Sebastian Liviu Racziu, 13410 Meadowmere Rd., Huntersville 4/13/18 The Little Sees LLC, Willow Heverley, 12918 Blakemore Ave., Huntersville 4/13/18 Pert Group LLC, Steven Dyer, 17412 Harbor Walk Dr., Cornelius 4/13/18 PXR Concepts, Jim Kerr, 10315 Watoga Way, Cornelius 4/13/18 S&B Rendition LLC, Germaine Kirkland, 7019 Sweetfield Dr., Huntersville 4/13/18 Smart Retirement Strategies LLC, Kenneth Altman, 443 Pinnacle Ln., Huntersville 4/16/18 Ascension Operations NC LLC, Michael Ringuette, 19105 Golden Bear Cir., Davidson 4/16/18 Baskets by Juli LLC, United States Corporation Agents, 10443 Singletree Ln., Davidson 4/16/18 Financial Freedom Group LLC, Carvel B. Faulkner, 16905 Northcross Dr., Ste. 100, Huntersville 4/16/18 Investigative Data Analytics LLC, Kenneth J. Wieczorek, 5803 Stephens Grove Ln., Huntersville 4/16/18 Talbert Park Auto Body LLC, Adam Levinson, 19423 Callaway Hills Ln., Davidson 4/16/18 XEL Operations LLC, Phillips Wiegand, 17433 Springwinds Dr., Cornelius 4/17/18 Arrow C LLC, Becky Cronan, 341 Watson St., Davidson 4/17/18 Black Dog Builders LLC, Kelly Wright, 400 Gilead Rd., Unit 1214, Huntersville 4/17/18 Brandon Kokot Inc., United States Corporation Agents, 178 Winterbell Dr. 28115 4/17/18 Grandfather Oak Road POA, Joe Shipbaugh, 18605 Northline Dr., Unit I-3, Cornelius 4/17/18 LITL Solutions LLC, Mahalia WellsStover, 15914 Stonemont Rd., Huntersville 4/17/18 Loop Financial LLC, Scott Rothenberg, 19512 Trintella Ln., Cornelius 4/17/18 Main St. Investments LLC, May Kin Kung, 14000 Clarendon Point Ct., Huntersville 4/17/18 Nobleman Golf LLC, Brady Bell, 6815 Dunton St., Huntersville 4/17/18 Papemore Real Estate LLC, Mike Wilson II, 19109 W. Catawba Ave., Ste. 100, Cornelius 4/17/18 Pet Brigade LLC, Francie HartsogSlaughter, 15850 Kiser Corner Ln., Davidson 4/17/18 Ramah Executive Park Condominium Development LLC, Richard Tucker, 11326 Harmony Woods Ln., Davidson 4/17/18 RG Glass LLC, Ryan D. Gelzinis, 8153 Rolling Meadows Ln., Huntersville 4/17/18 RGP Holdings LLC, Reginald G. Pfaff, 18597 Vineyard Point Ln., Cornelius 4/17/18 SoftWash LLC, Brian J. Dunning, 21329 Crown Lake Dr., Cornelius 4/17/18 Twelve 31 Jewels LLC, Crystal Crowder, 9523 Renick Dr., Cornelius

4/18/18 Bothwell Bridge LLC, Joe Guerrero, 9911 Rose Commons Dr., Ste. E 1711, Huntersville 4/18/18 B Well Salon LLC, United States Corporation Agents, 20723 N. Main St., Ste. B, Cornelius 4/18/18 Pemvi Alternative Investments LLC, Jared A. Marks, 8225 Lake Pines Dr., Apt. 106, Cornelius 4/18/18 Renovations by Nick LLC, Catalina Atri, 11619 Warfield Ave., Huntersville 4/18/18 Sims Media LLC, Dustin Sims, 15931 Rose Glenn Ln., Davidson 4/18/18 Town & Country Fence and Rail of the Carolinas Inc., Rebecca S. Chaffin, 913 Hudson Pl., Davidson 4/19/18 ForeFront Inc., Roxanne Palermo, 16009 Chiltern Ln., Huntersville 4/19/18 iT Box LLC, Leslie Barnett, 17500 Sail View Dr., Cornelius 4/19/18 Jordan Lauren Properties LLC, Laurette M. Hall, 12831 Forrester Ave., Huntersville 4/19/18 18364 Nantz Road LLC, Bret Chapman, 18501 Peninsula Club Dr., Cornelius 4/19/18 True-Roof Inc., Juan Loreto, 18720 Avery Park Dr., Cornelius 4/19/18 WACM LLC, Michael D. Morgan, 19135 West Catawba Ave., Cornelius 4/20/18 44 Mills LLC, Robert S. Stamey, 18525 Statesville Rd., Ste. D09, Cornelius 4/20/18 Holca LLC, Julie Merrell, 13412 Broadwell Ct., Huntersville 4/20/18 Lakeside Pharmacy LLC, Thanveer Gadwal, 9615 Sherrill Estates Rd., #B, Huntersville 4/20/18 PEDI SPA NAIL BAR LLC, Hong Hai Thi Nguyen, 17039 Kenton Dr., #103, Cornelius 4/20/18 Reliance Realty Partners LLC, Nga Linda Canterll, 16601 Grassy Creek Dr., Huntersville 4/20/18 Shmarky Stables LLC, Shawn Frazer, 12305 Mahafey Ln., Huntersville 4/20/18 Window Genie Cornelius LLC, Thomas C. Jeter III, 18525 Statesville Rd., Ste. D02, Cornelius 4/20/18 Win Graham LLC, Evan Walton, 15141 Hugh McAuley Rd., Huntersville

More Mecklenburg New Corporations online at www.BusinessTodayNC.com

Mooresville 4/9/18 Mooresville Powerhouse Athletics Inc., Diane Phillips, 124 Milroy Ln. 28115 4/9/18 SRP-112 LLC, Kimberly Hoover, 128 Pebble Brook Ln. 28117 4/10/18 Strategic Sponsors LLC, Matthew Moon, 232 Clear Springs Rd. 28115 4/11/18 Hoppin Investment Group LLC, Richard S. Moyer, 132 Jade Ct. 28117 4/11/18 Lake and City Real Estate Group LLP, Michele Canora, 100 Lockerbie Ln. 28115 4/11/18 LC Tile and Renovations LLC, Charles Fisher, 147 Cinebar Rd. 28115 4/11/18 Orchard & Sea Capital LLC, T.

19

Levi Bennett, 111 Steinbeck Way, Unit D 28117 4/11/18 Orchard & Sea Capital Holdings LLC, T. Levi Bennett, 111 Steinbeck Way, Unit D 28117 4/11/18 Red Viking Trucking LLC, Scott Colley, 163 Foxtail Dr. 28117 4/11/18 Team Learning Services LLC, David Koster, 127 Lacona Trace 28115 4/12/18 D Delustro LLC, Donna DeLustro, 293 Corona Cir. 28117 4/12/18 Levcon Builders Inc., Ian Levine, 104 Breakwater Ct. 28117 4/12/18 MortgageLever LLC, Kevin M. Shannon, 116 Town Center Dr. 28117 4/13/18 Calip Walker LLC, Lisa Schaefer, 151 Herons Gate Dr. 28117 4/13/18 Rabear LLC, Martha Ann M. Long, 158 Huntington Ln. 28117 4/13/18 Southern Yankee Communications LLC, Jennifer Hebert, 109 S. Arcadian Way 28117 4/13/18 Triton Ventures LLC, Mark Hemstreet, 384 Oak Tree Rd. 28117 4/14/18 Vanderburg United Methodist Church Inc., Lou Anne Steelman, 1809 Charlotte Hwy. 28115 4/17/18 2 Roots Cooling and Heating LLC, Nicholas John Reuter, 148 Oak Tree Rd. 28117 4/17/18 Horsepower II LLC, Kurt Busch, 151 Lugnut Ln. 28117 4/18/18 EJH Properties LLC, Edward Heller, 120 Southpark Dr., Ste. 403 28117 4/18/18 Mud and Lace Apparel LLC, Sara Williams, 154 Crimson Orchard Dr. 28115 4/18/18 Terrie Fink & Associates LLC, Terrie A. Fink, 136 Goathill Rd. 28117 4/19/18 CBEASTS Inc., Ronnie D. Crisco Jr., 185 Secretariat Ln. 28115 4/19/18 Hammer Time LLC, Charles Ryan Bentley, 444 Williamson Rd., Ste. A 28117 4/19/18 Hunt & York LLC, Jamie Cowles, 160 Sugar Magnolia Dr. 28115 4/19/18 James Embroidery Company, James Policastro, 3270 Jackson Rd. 28115 4/19/18 PearFish Design LLC, Michael Fisher, 168 Stone Ridge Ln. 28117 4/19/18 S.L. Hamilton Corporation, Shawn Hamilton, 159 Autry Ave. 28117 4/20/18 4 DL & K Holdings LLC, Keturah Chambers-Rucker, 209 Pleasant Grove Ln. 28115 4/20/18 LKN Fountain of Youth PLLC, Amber Rebecca George, 147 Marketplace Ave. 28117 4/20/18 Nextgen Benefits LLC, David Contorno, 406 Colborne Dr. 28115 4/20/18 Results Custom Woodworking LLC, Robert Bouts, 172 Williamson Rd. 28117 4/20/18 Speyside Consulting Group LLC, Dana Summers, 135 Ballston Dr. 28117

More Mooresville New Corporations online at www.BusinessTodayNC.com


Business Today

20 May 2018

HOT PROPERTIES Home prices continue rising across the U.S. Home-prices in the Charlotte area continue to climb, according to the latest S&P/Case-Shiller index. Prices increased at an annual rate of 6.4 percent in the Charlotte metropolitan area, less than the national average of 6.8 percent. That’s not a bad thing as prices soar beyond the means of many people in places like Seattle and San Francisco. Seattle continued to lead the nation in highest price growth at 12.7%, while Las Vegas came in second at 11.6 percent. San Francisoc prices rose third fastest, at 10.1 percent. Washington D.C. had the lowest increase, at 3.1 percent. Of the 20 markets tracked by CaseShiller, Charlotte’s price gain was the 10th-highest. Landing in the middle of the pack is not a bad thing. Rapidly rising prices make it harder for companies to recruit knowledge workers—a long-term, sustainable growth strategy. David M. Blitzer, managing director at

S&P Dow Jones Indices, said year-overyear prices have increased continuously for the past 70 months. Over that time, the price increases averaged 6 percent a year, so the rate of increase is growing. This run, which is still ongoing, compares to the previous long run from January 1992 to February 2007—182 months—when prices rose 6.1 percent annually. “With expectations for continued economic growth and further employment gains, the current run of rising prices is likely to continue,” Blitzer said. Increasing employment supports rising home prices both nationally and locally. Seattle had both the largest gain in employment and home prices over the past 12 months. At the other end of the scale, Chicago was ranked 19th in both home price and employment gains, while Cleveland ranked 18th in home prices and 20th in employment increases.

With You From

In Cornelius

A three-level lakefront home at 17701 Springwinds Drive in The Peninsula has sold for $880,000 after being listed at $899,000 by Dixie Dean at Allen Tate. The six-bedroom house, which has a tax value of $739,500, has a total of 4,389 square feet. There are also a screened porch, two terraces and a lake level with a bar and billiard area. Michael Green of Carlyle Properties brought the buyers to the closing table.

Start to SOLD You deserve expert, concierge-level service from the start of the buying/selling process until closing. Using my education & experience, I work directly with you each step of the way to achieve your desired results.

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Patricks Purchase - Private Lot, $1,369,000 UNDER CONTRACT

Sherry K Hickman, MBA 704.728.1905 SchooledInRealEstate.com Christie’s International RE Luxury Specialist


Business Today

May 2018

H OT PROPERTIES

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ROGUESTRATEGICMARKETING.COM 16909 Jetton Road

Lake view

On T he R ecORd

Mansion sells for $4 million The highest-price transaction in Cornelius so far this year is a $4 million deal for a 10,000 square foot lakefront home at 16909 Jetton Road, adjacent to The Peninsula. Lance Carlyle with Carlyle Properties listed the four-bedroom, five-bath estate six months ago. The house, which has a pool, a four-car garage, elevator and wine

cellar, also has a covered pier and boat lift. There are automatic retractible Nano Doors—a moving wall system that allows folding, sliding, and swinging door or window panels to be opened and closed in order to create flowing indoor-outdoor spaces. The tax value of the three-quarter acre property is $3.24 million.

A look at online sales offers Selling a house isn’t easy. Beyond painting and repairs, do you pick the best agent in your neighborhood or your boss’ spouse? Then there’s the prospect of keeping the house beyond neat, like photographers for Architectural Digest just left. Enter online buying services, aka iBuyers, like OfferPad and Opendoor. For the luxury seller, they’re not really an option. Offerpad’s online listings in Charlotte showed 20 homes for sale, priced between about $125,000 and $575,000, with most priced between $200,000 and $350,000. A 2,734 square foot brick Colonial home in Huntersville is listed at $334,900. A check of Mecklenburg County property records showed OfferPad paid the seller $300,000 on Feb. 28. The tax value of the house, which the previous owner purchased in 2000 for $191,000, was $248,000. A house on the other side of Oakham, 18 percent smaller at 2,238 square feet, sold for $310,000 April 12. The selling price per square foot works out to $109.73 per square foot for the OfferPad house, and $138.51 a square foot for the other house. If the OfferPad house sold for the price per square foot as the house across the street it would have closed at $378,600. There are always extenuating circumstances and emotions can run

21


Business Today

22 May 2018

Opinion

Mr. Cooper, tear down this contract

The fight against the managed lane project on I-77 got a subtle boost when the schedule of the I-77 Advisory Group meetings was not just enlarged, but it was changed to accommodate NCDOT Secretary James Trogdon’s schedule. An NCDOT spokeswoman said the governor’s highways boss wants to attend the I-77 meetings and hear feedback from influential members. Members include Mecklenburg County Commissioners Pat Cotham and Jim Puckett; Cornelius Commissioner Kurt Naas, the founder of the original anti-toll group WidenI-77; and former Lake Norman Chamber Chair Mike Russell. “It bodes well for the work that the I-77 advisory board has done to date. It bodes well that he finds this a very informed respectful group that is representing the facts so well for our community,” said Cornelius Mayor Woody Washam. “I believe some improvement to the contract has the potential to occur,” he added. Completing the project and and deleting the contract—aka Complete and Delete—is one of the options the group is looking at. It would add the most general purpose lanes, but it would mean starting up an environmental review.

Naas said the I-77 managed lane project is an exceptional situation which calls for exceptional treatment. He outlined a plan for the legislature to step in and allocate the necessary funding and at the same time eliminate the profoundly odd Charlotte Regional Transportation Planning Organization which gives Charlotte 46 percent of the vote. “We would still have to obtain the environmental approvals, but that process can start now,” Naas said. Bottom line, the project could be completed and deleted by the end of 2019, Naas said. More and more people agree waiting 50 years for the $640 million contract with Cintra to expire would be an economic development disaster. Transportation economist David Hartgen, a retired UNC-Charlotte professor, said the direct economic impact over the life of the contract will approach $34 billion. In other words, the tolls—which NCDOT says will not reduce congestion on I-77—will pull about 6 percent out of the corridor’s gross domestic product. Major highway projects routinely provide a positive economic impact, he says. For those who use the tolls, the benefit over five decades is $600 million, Hartgen explains. “Even though they are paying the tolls, they are getting benefits...in order

to make this work, their value of time has to be quite high,” he says. Hence the name Lexus Lanes. It’s also why the toll lanes, which are priced around congestion and volume, amount to “a huge subsidy by non-users to users of the tolls—because of their lost time,” Hartgen says. A picture of congestion—and business moving aways—becomes more clear when trucks are factored in. Trucks move nearly three-quarters of the nation’s freight. But the 900-page Cintra contract stipulates that the new toll lanes would not be built to carry semi-tractors hauling freight. It means the enormous semis would travel in the general purpose lanes. It also means manufacturers and distributors will think twice about locating up and down the I-77 corridor. “My assessment is there will be a great deal of economic harm to the corridor—$30- to $34 billion in real dollars,” Hartgen says. More than $12 billion in economic benefit goes to Cintra, the American arm of a Spanish company, and on to Spain. There was never an economic impact study done for the toll plan. Hartgen says the environmental review “didn’t look at anything other than a toll option” yet the contract prohibits widening without a congestion management plan. “It’s really remarkable actually,” he said, explaining that managed lanes—as opposed to toll lanes— are “just another one of the experiments in transportation planning that took over the transportation planning profession, beginning in the 1990s.” This contract is so bizarre it defies explanation, according to N.C. Rep. Chaz Beasley—as if it was written by Cintra. It’s time for the state to own up to the mistake and cancel it. If environmental reviews will make us wait till 2019, it’s far better than dealing with an economic disaster for 50 years.

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 production.todaypubs@gmail.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 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.

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UNDER CONTRACT

JUST LISTED $3,100,000 | The Peninsula | Waterfront Amazing Kitchen | Huge Views | Private Dock

JUST LISTED $1,299,000 | Waterfront Lot Huge Views | Located in Cornelius

UNDER CONTRACT

UNDER CONTRACT

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

JUST LISTED $689,000| The Peninsula | Boat Slip |4 Beds | 3 ½ Baths

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

$1,895,000 | 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

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

PRICE REDUCED

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

SOLD

JUST LISTED $929,999 | The Peninsula | Boat Slip 2 Bedrooms on the Main | Room for a Pool

Lance Carlyle 704-252-0237

Marci Carlyle 704-451-8399

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

Jim Carlyle 704-252-3047

Terry Donahue 321-402-8543

Terry Byars 704-728-9775

Blaire Cohn 678-591-6621

JUST LISTED $1,590,000 | 0.66 acres | Waterfront Lot Just off Jetton Road in Cornelius

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

Profile for Business Today/Cornelius Today

Business Today May 2018  

Business Today May 2018  

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