@businesstodaync
November 2019 Published monthly Business Intelligence for Lake Norman
Volume 18, Number 8 $1.50
Jobless rate falls, in-migration to continue NC SURVEY:
Atrium plan in Cornelius is a gamechanger BY DAVE YOCHUM
Since December of 2007, Charlotte and Raleigh have both seen their job number leap 30 percent. Meanwhile, Charlotte added nearly 100 people per day in 2018. More than 25 firms announced major expansions or reloca-
At A Glance: Home prices, value forecast, household income
Cornelius Cornelius Median Home $270,900 Value Forecast: +3.5% Household income $86,355
Davidson Davidson Median Home $325,600 Value Forecast: +3.4% Household income $109,907
Huntersville Huntersville Median Home $270,300 Value Forecast: +3.3% Household income $90,633
Charlotte Charlotte MSA MSA
Median Home $183,800 Value Forecast +3.7% Household income $55,821 Sources: Zillow, US Census, Town of Davidson
In-migration, expansion Charlotte, however, continues to be a
RECORDS
Page 21-22
Corporations
Transactions Mecklenburg
Page 14
Iredell
Page 15
Foreclosures 168 Broadsound Place, Mooresville, $6,995,000
OUTLOOK
See Economic Outlook page 22
Mecklenburg
Page 18
Iredell
Page 18
Mecklenburg Cabarrus
Page 18 Page 19
Iredell
Page 19
Denver
Page 19
www.businesstodaync.com
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HOT PROPERTIES
Economic
DATED NEWS - POSTMASTER PLEASE DELIVER By 11/2
See Atrium page 22
BY DAVE YOCHUM The statewide unemployment rate fell a tenth of a percentage point to 4.1 percent in September, ahead of the national rate of 3.5 percent, but metro areas like Charlotte and Raleigh are booming.
Business Today P.O. Box 2062 Cornelius, NC 28031
Atrium’s plans for a new hospital on the Augustalee site in Cornelius are tantalizing to local officials who have been patiently waiting for a developer to turn the 110-acre former farm into a growth magnet. “A medical campus of this nature always has an impact, not only due to direct customers, but indirect visitors as well. Atrium’s business would be 24 hours a day and medical shows every indication of being a growth industry with probably future expansion,” says Wayne Herron, planning director for the Town of Cornelius. Roughly four miles to the south, Novant Huntersville employs 690. Four miles to the north, Lake Norman Regional Medical Center employs 950 people. Developing the 110-acre Augustalee property could be the driving force behind a new Exit 27, not to mention economic resurgence for a town known more for lakefront homes than commercial citizens like MSC Industrial and Ingersoll Rand in Davidson and Metrolina Greenhouses, Joe Gibbs Racing and Rubbermaid in Huntersville. Novant is an economic powerhouse in Huntersville. In addition to medical staff and practices on site, there is a wide variety of medical
tions. Indeed, North Carolina has one of the nation’s strongest job markets, with employers adding 8,000 net new jobs in September and 99,000 jobs during the past year. North Carolina took longer to recover from the Great Recession and generally lagged behind the nation through the first four years of the recovery. Metro areas like Asheville, WinstonSalem, Charlotte, and Raleigh are leading the state with strong job growth, while rural areas and some inland areas along the coast are far behind in the recovery from the Great Recession. Winston-Salem, Charlotte and Raleigh have experienced year-over-year job growth rates of 4, 3.9 and 3 percent respectively. Asheville’s 5.6 percent employment gain earns it the state’s strongest growth rate year-over-year. Since December of 2007, job growth has almost reached 20 percent. Fayetteville reports job growth of 2.9 percent since last August, but it is largely flat since December of 2007. Laurinburg has lost 16.4 percent of its jobs over the past 12 years. Scotland County, home of Laurinburg, had the highest unemployment rate at 7.5 percent. While hiring has picked up in recent months, the impact from the slowing global economy is more apparent. North Carolina manufacturers cut 4,200 jobs in September and employment in the manufacturing sector has fallen 1.8 percent over the past year.
Business Today
2 November 2019
A train could make it from Charlotte to Atlanta in 2 to 3 hours “North Meck resident who wants to bring more visibility to our region”
• EDUCATOR • BUSINESS OWNER • COMMUNITY VOLUNTEER Jennifer will fight for our schools by: • Increasing teacher pay • Advocating for Pre-K education • Recruiting counselors, social workers, nurses & assistants • Expanding coding & trades programs (CTE) • Overseeing accountability Learn more at
jenniferforcms.com
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THE STRONGER OUR COMMUNITY, THE HIGHER WE ALL SOAR. When you succeed at something, the effects go beyond you. Individual successes add up to create a powerful energy that impacts all of us. It’s what we love about being a local bank serving community. The more we support each other, the stronger we all grow.
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CLT-Atlanta high-speed rail could be on track in future BY DEBBIE GRIFFIN A high-speed rail line between Charlotte and Atlanta would boost opportunities for Lake Norman and Charlotte business, but the cost of timely travel would put us on the line for billions of dollars. The Federal Railroad Administration (FRA) and the Georgia DOT recently completed a Phase I Environmental Impact Statement (EIS) study on the potential rail line. Public comments are open through Nov. 4. The 280-mile Charlotte-to-Atlanta route would be part of the Southeast High-Speed Rail Corridor, joining other corridor projects and programs within the Atlantic “megaregion” for the sake of economic development. “Anytime high-speed rail service is being considered to serve our region, it is positive. I look forward to more detail. I still have hopes that one day light rail can be provided to serve the Lake Norman region as well,” said Cornelius Mayor Woody Washam. This is a concept well beyond failed plans for light commuter rail between Charlotte and Lake Norman. The North Line likely won’t happen in any-
one’s lifetime, but transit experts see potential in high-speed rail similar to those in Europe and Asia. The FRA first partnered with the Federal Highway Administration to study the possibilities from D.C. to Charlotte back in 2002. The current study team considered six route alternatives and advanced three for further consideration. Each one begins in Charlotte or at the Charlotte Douglas International Airport. • The Southern Crescent route runs along a Norfolk Southern line, cost roughly $2.3 billion, and have a train speed between 80 mph and 110 mph. Travel time would be approximately five hours. • An I-85 route would follow the interstate corridor and cost around $15 billion. Train speed would be between 125 mph and 180 mph, with a travel time of around three hours. • A Greenfield project route would run due south then hook west and cost about $8 billion. Train speeds would be 125 mph to 220 mph, with a travel time between two and three hours. Next stop: How to fund the capital and operational project costs.
Business advice column debuts in this issue Ginny Stone Mackin, a veteran communications counselor with stints at the top of companies like Wells Fargo, Bank of America, Duke EnerMackin gy and Ingersoll Rand, is a new “success” columnist for Business Today.
The 35-year C-level veteran will write about her passion—helping managers and leaders build their confidence, increase their value, and establish communications as a critical success lever within their companies. Mackin, who lives in Cornelius, is the owner of Grace & Stone Communications, a consulting company with clients around the country. Her first column, complete with hands-on advice, is on Page 11 this month. The column is called “Leading With Grace.”
Business Today
November 2019
3
Entrepreneurs
$150K reno for new food concept in Davidson BY DAVE YOCHUM The Crazy Pig is not a crazy idea for restaurant entrepreneur Robert McCrary, the man behind The Egg in Davidson and a second location in Birkdale. The new restaurant and tap room will go in the former Fuel Pizza in Davidson. Originally a gas station, the cozy building will need about $150,000 in renovation before he begins serving BBQ and local beers in February or March. As an entrepreneur, the Huntersville resident says one of the most difficult challenges he faced was opening and running a second restaurant. Now he’s on his third and it’s a new concept to boot. Birkdale, which opened 18 months ago, is in about 1,800 square feet with 10 employees, while Davidson, which opened in 2007 has about 20-25 employees depending on the season. The 2,850 square foot Davidson location does about $800,000 a year and
Robert McCrary: One life to live, and he chose restaurants Birkdale is doing about $300,000 a year. Now it’s time to grow. Biggest challenge: “I have opened all three restaurants by myself so
there are a lot of challenges. Money of course is a big one, time management is always a challenge…would love to have big money investors/partners since I am contacted constantly about
bringing my concept to a new location. I would love to grow but it is physically impossible and I just don’t have unlimited capital.” The Davidson Egg closed at 3 p.m. before he took over the concessions for Our Town Cinema. “So since the kitchen stays open til 8, we decided to keep the restaurant open til 8 also,” he said. It meant more managers, more staff—not an easy undertaking in a tightening labor market. Top trend: “My concept is one of the newest trends still left to grow... breakfast concepts are still an untapped market. However the hot trend right now is the craft beer houses that are popping up everywhere, hence why we are opening up a BBQ taphouse.” McCrary, who worked in restaurants while acting in TV soaps “Santa Barbara” and “One Life to Live,” said the new location is a great space with a lot of character, “so we do not want to rush to get it opened. We want to do it right.”
Caring. Focused. Dedicated.
Top Woman Leader 2019 Congratulations To
PAM BOILEAU from your family, friends, and clients
A Top Listing Broker & Buyer Agent for over 5 years
Mom
•
Community Supporter
•
Multi-Million Dollar Producer
•
PamB@IvesterJackson.com | 704.905.0366 | IvesterJackson.com
Luxury Specialist
Business Today
4 November 2019
Cooper
Photo: Hollywood Reporter Russell Crowe
Council will advise how to grow film industry Gov. Roy Cooper has formed the Governor’s Advisory Council on Film, Television and Digital Streaming, to help grow the North Carolina film industry—and get some of what Georgia has. Georgia had 455 projects last year worth some $2.7 billion to the economy. A federal judge has granted an
injunction blocking Georgia’s “fetal heartbeat” law, which bans abortion at six weeks’ gestation. The film industry could pull projects from the Peach State which shares a beneficial climate and boffo shooting locales with North Carolina. Features such as “Dirty Dancing,” “Iron Man 3,” “The Hunger Games,”
“Safe Haven” and even “Talladega Nights: The Ballad of Ricky Bobby” were filmed here. NC tax incentives were replaced with a grant program in 2014, which slowed the industry along with the impact from HB2. The state wants the industry to make a comeback. “North Carolina’s natural beauty,
welcoming communities, and local talent make it a perfect home for the film industry,” the governor said at the Screen Gems Studios lot in Wilmington. The council will advocate for the film industry and recommend strategies to bring more film/TV production to the state. “From 2010 through 2012, when our bread and butter business serving commercial construction and commercial real estate was suffering...I was so grateful that the film industry was booming. It got us through what could have been disastrously lean times,” said Sabrina Davis, owner of a sign company Cooper has tried to stem losses in North Carolina’s film industry. Production spending statewide stands at $165 million so far in 2019. He has also tried to modernize the film grant program by dropping minimum spend requirements for feature-length films and raising per project caps for films and TV series. Council members include Wilmington Mayor Bill Saffo and Department of Natural and Cultural Resources Secretary Susi Hamilton. The producers of the locally shot television series “Dawson’s Creek” are working on a new horror movie starring Oscar winner Russell Crowe.
Aquesta hires new Charlotte New EVP at Uwharrie Bank market president
Brinkman
Jeff Brinkman has been named Charlotte market president for Aquesta Bank. He will be based in the Rea Farms branch which opened in August. Brinkman has 30 years in banking in-
cludes Fifth Third Bank. He moved to Charlotte in 2010 with Fifth Third’s healthcare and professional services group. More recently he was Regions Bank’s Charlotte Commercial Executive.
Do you have an item for BT People? Send your personnel news to businesstodaync@gmail.com Photos in PDF format are welcome.
Stafford Kelly is the new executive vice president and senior relationship manager at Uwharrie Bank. He will be responsible for developing, leading and exKelly ecuting growth in both new and existing commercial relationships throughout the Charlotte region. CEO Brendan Duffey said Kelly
is a rising star in Charlotte’s commercial banking landscape and an “excellent” addition to Uwharrie’s growing presence in Charlotte. “Stafford is very personable and high energy. His entire banking career has been with community banks so he well understands the high personal touch and customer advocacy we’re famous for,” Duffey said. With over 12 years of commercial banking experience, Kelly has a diverse lending background caring for customers in a variety of industries and professions. Uwharrie is based in Albemarle.
Anita Sabates
October 2019
Celebrating 25 years of selling beautiful Lake Norman Homes in 2019!
PLEASE JOIN ME Saturday, November 23rd from 10-5pm. 139 Shelburne , Mooresville, NC IN THE POINT, $1,599,000
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List: $459,000 MLS#3551203
For more details on these properties, please visit www.AnitaSabates.com
704-562-2515
Anita.Sabates@AllenTate.com
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6 November 2019
Top Women Leaders Class of 2019
O
ctober was a big month. Melinda Gates pledged $1 billion to promote gender equality and eliminate the barriers that women face at work. Business Today also recognized 13 local women who make a difference in business, politics, education and community service. Business Today’s Top Women were selected by their new peers— prior winners from 15 years of recognizing local women
Pamela Boileau Broker/Agent Ivester Jackson Cornelius
Bettie Ray Butler Professor/Director Urban Ed Grad ProgramUNCC
Emily Cooper Family Physician Atrium Health Charlotte
Debbie Dalton President/Founder The HDLife Foundation Huntersville
They were recognized at the Champagne Reception & Business Expo in October at River Run Country Club for extraordinary accomplishments and adept leadership. Judges included Pat Cotham, Mecklenburg County Commissioner; Laura Engel, marketing director at Aquesta Financial; Cheryl L. Kane, MBA, an instructor at UNC-Charlotte and Business Today columnist; and Karen Lawrence, owner of It’s My Affair. There were 20 nominees all in all.
I have experienced many challenges and hardships in my life...having started with being a single mother at 17. I went onto college, was always on the Dean’s List and had to work as many as three jobs to support us. But, my daughter was always my inspiration.
What once look liked failure has now become my testimony. I truly believe that I overcame these challenges so that I could help others realize their dreams and true potential in the face of adversity- just as I have done. What I have learned from my collective experiences (and life in general) is that failure is not defeat; it is simply the opportunity to begin again (as cited by Henry Ford).
Knowing my purpose from experiencing failures allows me to continue to practice clinical medicine in a time where society does not seem to value primary care and when health care is changing drastically on an almost daily basis. I see each new day as an opportunity to be the positive change in the lives of my patients.
My mission is to honor my son’s legacy of love through our Foundation. I am committed to preventing any other family from suffering the unfathomable loss that we have suffered. I know that education and prevention is the key to turning the tide of the Opioid Epidemic. My son will always have my heart and his love drives me to make a difference.
They all responded to the following: How did you overcome what once looked like failure? All the answers were outstanding, but Bettie Ray Butler stood out. She had six part-time jobs in college and when she was not working she was a volunteer. At age 22 she was accepted int three doctors programs without having a Master’s degree. “At the time, I did not realize the level of opposition, resistance and emotional trauma that I would en-
Connie Evans Volunteer Habitat for Humanity Mooresville
Cherie Graham Principal Lake Norman Charter School Huntersville
Lara Ingram Executive Director Mooresville Soup Kitchen
Annette Privette Keller Director of Communications City of Kannapolis
Business Today
dure,” She did, of course, and went on to become director of the Urban Education Graduate Program at UNC-Charlotte. The Presenting Sponsor of Top Women was Duke Energy. Platinum Sponsors were Lake Norman Chrysler Jeep Dodge and Novant Healthcare. Gold Sponsor was Davidson Wealth Management. Piedmont Plastic Surgery was the Silver Sponsor. Aquesta was the Champagne Sponsor.
I now see that fault finding is easier to identify in someone else. To guard against being labeled as irregular yourself, my advice is to choose your battles wisely. Act with caution. Weigh the options. Consult authorities. Work with consensus. Listen. Hold your tongue. Focus on what is important.
As an educator, the academic success of students should be paramount. Principals, also known as instructional leaders, are tasked with fostering environments conducive to the academic, social and emotional growth of all students.
I feel that overcoming failure is a vital part of learning and evolving as we grow. I have failed countless times in my career and learned from each experience. I love that I work in a field where I get to learn from people who are different than me every day and am honored to have opportunity to do my best to serve our community.
Things that have been failures to me, have resulted in knowledge and lessons I use almost daily in my career and in the roleas a leader. I feel like I have been so blessed to have family, friends and acquaintances cross my path at the exact time I needed them.
November 2019
Kristen Maxwell HR Director Aquesta Bank Cornelius
Emily Rolewicz Project Manager Watermark Lake Norman Cornelius
Sylvia Spury Executive Vice President LKN Chamber of Commerce Cornelius
Liesl West Community Outreach Coordinator
Novant Health Huntersville
Vicky Stevens Civic Leader JustServe.org Cornelius
I have initiated a series of group meetings and one-on-ones by department to hone in on these areas and obtain additional feedback. I am then using the feedback to formulate an action plan for our senior management team so we can come together as a group and face it head on.
Congratulations
7
Liesl West RN, BSN
Community Health Project Coordinator Honestly, I never look at opportunities as potential failures. I go into every situation thinking about the best possible outcome and I do whatever it takes to make it successful. I can definitely see where certain situations might be more challenging than others, but that just pushes me to work harder.
Appreciate true friends, cherish your spouse, children, put family first and never lose sight of where you came from or those who are there with and for you. Have Faith and believe that everything happens for a reason. “Fake it until you make it” can sometimes be exactly what it takes. I believe I am where I am meant to be and I didn’t do it or get here alone!
I decided that in order to be successful in life, I needed to follow my passions. That decision has led me to a wonderful fulfilling career that has been a blessing for my family as well. I am now in a position that utilizes my nursing experience and my previous business experience. Education should always be encouraged and valued.
I do not believe in the classic definition of the word “failure.” For me, failure is not the absence of achieving a goal, but rather an opportunity for one’s growth. With that in mind, I view obstacles as challenges, and relish in meeting them head-on. I look for and facilitate innovative solutions while creatively maximizing available resources.
Novant Health Huntersville Medical Center
2019 Top Women Award Winner
Congratulations Congratulations
Kristen Kristen Maxwell
Maxwell Senior Vice President Director of Human Resources
Senior Vice President Director of Human Resources
2019 Top Women in Business 2019 Top Women Award Winner
Award Winner
Business Today
8 November 2019
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New chamber chair appreciates small businesses, entrepreneurs BY DAVE YOCHUM Richard Pappas, the incoming chair of the Lake Norman Chamber of Commerce, is steeped in small business, the driving force of any chamber. His father owned and operated several food industry business in Charlotte. “It is in my blood to connect with business owners, thus my career of working with business owners as their banking partner to support their efforts and help them achieve their goals,” says Pappas, who has a degree in finance and a concentration in banking from East Carolina University. Pappas is vice president and business banker at First National Bank. While he’s had a long career in banking, his first job ever was busing tables at Gus Sir Beef Restaurant in Charlotte. The owner was a family friend and Pappas learned the meaning of hard work, starting at age 14. “I saw the owners work hard every day, all day. No breaks, no holidays, no vacations. Even at such a young age, I knew that was not the life for me,” Pappas says. After graduating from ECU he volunteered at the Holy Trinity Greek Orthodox Church Greek Festival to remind himself where he came from and how hard his father and grandfather worked to provide for their families. “It’s the experiences of life and the actions we choose to make that make us who we are,” Pappas says. Out of college, he went to work for the old SouthTrust Bank in Concord as an entry-level documentation processor. He went into consumer underwriting, before entering the bank’s commercial lending program where h learned the basic skills of business banking, his calling for the past 22 years.
Plans for growth As the incoming chamber chair, he will be at the helm of an organization “in an industry of declining membership, as various community and online opportunities compete for the attention of business owners.” Chamber membership is down from more than 1,000 a few years ago, but Pappas credits staff and volunteers and the inherent value of the organization for a slow but steady comeback. A new Huntersville chamber started by former Huntersville Mayor Jill Swain has 150 members. At the end of last year, Lake Norman Chamber membership was at 857. By the end of the third quarter, it had risen to 874, and Pappas projects it to hit 880 by the end of this year. “We hope to see that number continue to grow in 2020 as local business become aware of the value of being a Lake Norman Chamber of Commerce member,” Pappas said. A mid-November board retreat will provide direction from the entire board, Pappas expects to see “more of the same.” Last year the chamber launched a new and improved website, and staff is looking at ways to use that site to better communicate, inform and promote members. Pappas will officially take over the volunteer reins from 2019 Chair Tricia Sisson at the annual chamber gala in January. The chamber’s long-time chief executive is Bill Russell. The new EVP, Sylvia Spury, came on board in 2019 with years of experience at the Mooresville chamber. Jack Stevens, a veteran with almost 10 years at the chamber, rounds out the full-time staff.
Business Today
October 2019
9
Business Today
10 November 2019
G rowth Strategies
Communication boosts sales
You’re a big deal at our bank. Put the power of a community bank to work for you. At Aquesta Bank, you’re a customer not a transaction.
www.aquesta.com • 704.439.4343 Branches in SouthPark, Cornelius, Davidson, Huntersville, Mooresville, Wilmington and Rea Farms
Many a steely-strong competitor has built their sales strength on the foundation of their vibrant internal communication. Information pulsating throughout an organization that allows you to be: • alert to new customer opportunities, • fast at recognizing and correcting operational problems, • nimble at listening for and correcting a customer’s concern, • quick at alerting internal sources about what their competitors are doing “Communication” is not just a word on a value list, it is a dominant thread in their organizational fabric. A normal part of their daily interactions. It is an expectation, a wellhoned learned skill, and simply put, just how they do business as usual. Do you know how information flows through your organization? Is it going to the right people, fast enough? Have you ever found out too late someone had information that may have changed a decision or would have allowed for a better outcome? Perhaps creating a communication chart could help. Not an organizational chart, a communication chart. You may pay experts for data and strategic insight, but a communication chart can show you the internal pathways information may be able to give your organization a unique, stealth like flow of timely insight. 1. Define the types of information your organization needs to know. Customer inquiries that did not result in an order (Did they go to a competitor?). New employees’ observations after being in their role for a few weeks (Would a 90-day lunch chat offer ideas for innovation?). Community activities that could generate leads (Who learns what while in the communities they live in-do you have a standard way for them to share this in the company?). 2. At what points may information come to your organization? a. List the sources of regular information you should be generating such as sales call reports, supplier re-
lationships, and market data-are these all being received and accessed? b. Identify external sources you wished you were receiving information from (legally, of course). This list could be very long; don’t be intimidated by its length, just make sure it complete. 3. List the various roles (people) in your organization who should or could be receiving the above information. 4. Now also consider the roles in your organization whose job descriptions do not include expectations for listening, observing, and reporting potentially important information. If they know (legally and appropriately obtained) information that could help the company, but they’ve been treated as though what they know isn’t important, they aren’t sharing it. An example: A delivery team member sees a competitor’s influence at a customer’s site (brochure on a desk, an auto in the parking lot)-do they know it is desirable information and do they know who to tell this to? And will it be appreciated? Putting this all together can create vigorous, fluid communication. It can help boost sales, and relationships with all stakeholders. You may have repositories of untapped information and insight walking by you every day at the office. Teach everyone how to recognize important information, when to pass that information along, to whom and how.
Cheryl Kane, is a strategic business consultant, sales trainer, & professional speaker specializing in strategic planning and service quality. If you seek assistance in growing your business, need a business speaker, or have a topic you would like to see in this column, Cheryl welcomes your communication at email: CherylKane@cherylkane.net.
Business Today
LEADING
WITH
November 2019
GRACE
Go ahead, hug your worst boss
BY GINNY MACKIN I made a big mistake in February of 1989: As the manager of media relations for NationsBank, I accepted an invitation to include then CEO Hugh L McColl Jr. in a feature on “toughest bosses.” I was sure I could influence the reporter from FORTUNE magazine to see Hugh as my teammates and I did. Tough? Sure. Compassionate? Yes. Loyal and inspiring? For sure. But “nice” doesn’t sell magazines. When the edition came out, there was Hugh, complete with story after story of being a bad-ass boss. I was doomed. The head of HR was so angry he whipped the magazine across the room in my general direction. I had made an error of judgment. But what happened next taught me more about leadership than any one event in my working career. The leader of our division, Joe Martin, called me into his office. We were about to acquire another company. M&A work was our favorite: We had a seat at the table with the bankers, lawyers and top execs. Joe knew I was being very hard on myself. But HR had not forgiven me. Joe then pulled me in TO lead communications for the acquisition. He actually gave me a bigger assignment than I thought I was ready for. Joe believed in me more than I believed in myself. He stretched and rewarded me when I was at my lowest. It’s a leadership lesson I have put into play with the teams and great people I have led since. Joe Martin is my hero. He was an incredible leader.
Which brings me to my five leadership lessons:
Work at a place where you can be you. Make sure a company culture – the values, the beliefs, the style, the company’s purpose – aligns with you. You should be a part of a team or company that respects you for you. Every day you need to know that your skills, your values and your style are not just accepted, but rewarded.
1.
Kindness and trust are not soft characteristics. Trusting your boss, your team and your company is as tangible as it gets. If you want a high-performing team, demonstrate your trust and respect for your team and their work. Make corrections, be as firm as you need to be.
2.
3.
Believe in others more than they believe in themselves, i.e. my Joe Martin story
Beware the narrative. Pay attention to the story you are writing in your head about others. Pay attention to the story they are writing about you. Your brand matters. I have seen talented, loyal individuals ruined by “stories” others have created based on lazy assumptions about them—the high-potential woman who shifted her 12-hour day to 5 am to 5 pm who was not a hard worker because she left at 5.
4.
Be accessible. Be the leader who walks around, engages with people at all levels, demonstrates authentic interest in the team. Your office may feel safe but staying there creates distance and erodes trust. Imperious leaders who create fear are doomed. They may keep their jobs, but their employees will not respect them.
5.
Leadership is ownership and accountability. Leadership is a choice. You own your brand, you own your success and you own the impact you have on others.
NEXT STEPS Visualize yourself hugging your worst boss. Realize that he or she taught you more than all of the others and helped you create your own brand of leadership. You likely made a life choice as a result of an unhappy environment. You are stronger, better and more fearless as a result of that choice.
Working against who you are requires exponential energy that is debilitating and unhealthy. Ginny Stone Mackin is the principal of Grace & Stone Communications, LLC. Based in Cornelius, Ginny led communication functions at Ingersoll Rand, Duke Energy and Wachovia Corp. She also held management roles at Bank of America, CPC International and Bonwit Teller Stores. www.GraceandStoneComms.com
Experience Transparency Community
THURMAN ROSS
for
Town Board
Cornelius
Vote NOV. 5 Paid for by the Committee to Reelect Thurman Ross
11
12 November 2019
News-
News from www.Businesstodaync.com
Aquesta 3Q net soars 43%
Oct. 15. Aquesta Financial Holdings reported third quarter net income rose 43% to $1 million from the same yearago period. “We experienced another quarter of exciting growth in earnings, core deposits and loans. Our annualized 37.1 percent growth in core deposits continues to demonstrate our employees’ dedication to serving
our customers and the community atlarge,” said Jim Engel, CEO and president of Aquesta. He hopes to continue the strong performance into the fourth quarter. During the third quarter last year, the Cornelius-based bank reported net income of $702,000
2 Cornelius finance execs sued by SEC Oct. 11. UPDATE 5:30 PM. By Dave Yochum. Two Cornelius financial executives have been charged with fraud by the Securities and Exchange Commission. The SEC says Marlin Hershey and Dana Bradley fraudulently raised nearly $6 million from investors, some of whom were family and friends. The SEC’s complaint, filed in U.S. District Court in Charlotte, alleges the pair told investors they would use investor funds to make loans to real estate developers who would then use the money to acquire and rehabilitate homes. In truth, the complaint alleges, they used a large portion of the funds to pay themselves more than $1 million in commissions and repay principal and interest due to other investors. Both men are prominent Cornelius businessmen and active in philanthropy. NEW: Attorneys for the defendants instructed them not to discuss the complaint or the details of the case. “We disagree with the SEC’s characterization of our clients and to that end we intend to vigorously defend our clients in and through the Court process. We ask that the public not rush to a judgment based on allegations or an SEC litigation release. Please reserve Judgement on the veracity of the complaint until this matter proceeds to a conclusion through Court,” attorney Tad Cook of PLG Law said in a written response to inquiries from Business Today and Cornelius Today.
“We remind all that the complaint merely contains allegations, which begin the legal process and require proof in Court,” they said. Bradley, who owns a lakefront home at 7428 Waterview with his wife Robin, was one of the chief fundraisers for the Cornelius Patriot Pier at Ramsey Creek. The dedication of the fishing pier for disabled veterans last year was attended by a raft of political leaders ranging from former Cornelius Mayor Chuck Travis to US Sen. Thom Tillis. He was a $1,500 donor to the 2014 Tillis campaign. Hershey, who lives in a $1.7 million house at 15514 Fisherman’s Rest Ct. in The Peninsula, has hosted golf outings at upscale golf courses all around Charlotte for clients and would-be clients of Performance Holdings, a Huntersville investment firm located in Kenton Place. The SEC has charged Bradley and Hershey and a variety of companies one or both are associated with: Bryant Boys, LLC; Distressed Lending Fund, LLC; Erndit LLC; Hershey Enterprises, Inc.; MW Enterprises, LLC;Performance Retire on Rentals, as well as Performance Holdings Inc. The SEC complaint further alleges that Bradley and Hershey oversaw three securities offerings for a thirdparty real estate developer in Florida and, in connection with those offerings, operated as unregistered brokers and received approximately $2.1 million in commissions.
November 2019
News from www.Businesstodaync.com
13
News-
Michael Waltrip Raceworld complex under contract to top auto dealer Oct. 19. By Dave Yochum. The owners of Lake Norman Chrysler Jeep Dodge have the old Michael Waltrip Raceworld under contract for an undisclosed amount. LKNCJD owners Robin and Jack Salzman plan a new retail facility that would include a prep shop and 10,000 square feet of space for non-profits and community events. The dealership plans to house internet sales for both parts and vehicles on the site as well as executive, accounting and administrative offices. Co-owner Jack Salzman was Time Dealer of the Year for the entire country last year. He also won the Lake Norman Chamber Businessperson of the Year award. Retail efforts would include Carolina Custom Wheels Tires & Accessories, which would be housed in roughly 5,000 square feet of space in the MWR facility that began its life as a multiplex
cinema called Movies at the Lake in the 1990s. The Salzmans would consolidate three locations on Hwy. 21 into the MWR space. The main showroom on Torrence Chapel Road would remain; franchisee agreements prevent them from selling cars from another location. The result would be the same number of cars parked as there were at Michael Waltrip Raceworld when it was fully operational. The famed race car driver turned the cineplex into a cornerstone of the motorsports and sports tourism business in Cornelius. Michael Waltrip Racing and racing superstar Clint Bowyer mutually agreed to separate at the conclusion of the 2015 season and investor Rob Kaufman turned his attentions and money to Chip Ganassi Racing in Concord, leaving MWR in a lurch.
Uwharrie 3Q net up 50%
Oct. 24. Oct. Uwharrie Capital Corp. and its primary subsidiary, Uwharrie Bank, reported third-quarter net income rose 50 percent to $968,000 vs. $643,000 for the same three-month period in 2018. For the three months ended Sept. 30, net income available to common shareholders was $826,000 or $0.12 per share compared to $499,000 or $0.07 per share for the
same quarter last year. Consolidated total assets rose 37.7 percent to $661 million at Sept. 30, vs. $637 million the previous year. Net income for the nine-month period ended Sept. 30 was $2.6 million vs. $1.3 million for the same period in 2018. During the same period, net income available to common shareholders was $2.2 million or $0.31 per share compared to $916,000 or $0.13 per share. Net income available to common shareholders takes into consideration the payment of dividends on preferred stock issued by the Company.
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Utilizing over 25 years of facilitating Clients’ business growth, we can work with you to implement a 7-step process that guarantees you will be prepared when the next downturn occurs. 9525 Birkdale Crossing Drive, Suite 206 | Huntersville, NC 704.895.6966 | www.LesemannCPA.com
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14 November 2019
THIS MONTH TRANSACTIONS…………….... 14-17 FORECLOSURES……………..........18 NEW CORPORATIONS………...18-19
REAL ESTATE TRANSACTIONS These recent property transactions in Cornelius, Davidson and Huntersville were recorded by the Mecklenburg County Register of Deeds.
Mecklenburg County 9/30/19 $462,500 Matthew & Courtney Spear to Craig & Jennifer Douglas, 201 Chambers St., Davidson 9/30/19 $1,675,000 Kathryn Konefal to Michael Carter, 17812 John Connor Rd., Cornelius 9/30/19 $413,500 Marcus & Hannah Ellis to Donnie & Linda Osborne, 2019 Bishops Ct., Cornelius 9/30/19 $751,000 Carolina Cottage Homes to Tori Ray, 727 Patrick Johnston Ln., Davidson 9/30/19 $800,000 Steven Leder to Willian & Patricia Hirsch, 16816 America Cup Rd., Cornelius 9/30/19 $1,675,000 Robert & Stacy Gandy to Suha & Mashoor Awad, 16108 North Point Rd., Huntersville 9/30/19 $530,000 Brian Elam to Hector Vega, 18504 Summer Cottage Ln., Cornelius 9/30/19 $745,000 Steven & Sonja Cole to Ralph & Linda Lazara, 9230 Robbins Preserve Rd., Cornelius 9/30/19 $368,000 Nicole Parkin to Vicki Lefebvre, 15419 Shinner Dr., Huntersville 10/1/19 $465,000 Adria & Forrest Appleby III to Judith & William Jackson Jr., 109 St. Albans Ln., Davidson 10/1/19 $330,000 Opendoor Property D to Kevin & Dorice Miller, 13620 James Erin Way, Davidson 10/1/19 $282,000 Capital Homes of the Carolinas to Lisa & William Thompson III, 8219 Dumphries Dr., Huntersville
Business Today
ON T HE R ECORD 10/1/19 $292,000 Ronald & Bonita Kaminski to Joseph Piraino, 19236 Lake Norman Cove Dr., Cornelius 10/1/19 $305,000 Daniel Hudson II to SPH Two, 14011 Helen Benson Blvd., Davidson 10/1/19 $335,000 C. Robin Belcher to Brian & Cynthia Johnson, 15814 Kelly Park Cir., Huntersville 10/1/19 $385,000 SPH Two to Joseph & Cynthia Mihelich, 15141 Hugh McAuley Rd., Huntersville 10/1/19 $340,000 Richard & Yvette Gutierrez to Matthew Pear & Rebecca Murphy, 9511 Renick Rd., Cornelius 10/2/19 $340,000 River Run LP to Scott & Virginia Johnson, 17416 Gillican Overlook, Davidson 10/3/19 $444,000 Standard Pacific of the Carolinas to Nicholas & Denis Ditondo, 17522 Shearer Rd., Davidson 10/3/19 $265,000 Matthew & Jody Fallows to David Hoy, 13712 Stumptown Rd., Huntersville 10/4/19 $1,380,000 Arthur & Maureen Glasgow to James & Corinia Thomas, 18516 Balmore Pine Ln., Cornelius 10/4/19 $384,000 Amanda Brutus-Phillips to Christian & Diane Gall, 20311 Cathedral Oaks Dr., Cornelius 10/4/19 $521,000 Kenneth & Heather May to Marc & Darlene Roberge, 14904 Old Vermillion Dr., Huntersville 10/4/19 $327,500 Diane Basinger to John & Elizabeth Miller, 20622 Mystic Cove Rd., Cornelius 10/4/19 $450,000 Paul Settlemyer to Forrest & Emily Brazil, 125 Chambers St., Davidson 10/4/19 $368,000 Arthur & Barbara Bar to Don Brown Jr., 13230 Fremington Rd., Huntersville 10/4/19 $380,000 Ralph Beck to Aaron Beck & Kristin Tacy, 10710 Drake Hill Dr., Huntersville 10/4/19 $307,500 Michael & Cheryl MacLeod to Jerilynn & Albert Banemann Jr., 1111 Inn Keepers Way, Cornelius 10/4/19 $367,000 Ali O’Connor to Allison Rooks, 13217 Fremington Rd., Huntersville 10/7/19 $540,000 Daniel Brandenburg & Suzanne Leland to Robert & Amm D’Unger, 19611 Grand Slam Dr., Huntersville 10/7/19 $501,350 Matthew & Carrie Reger to Sarah Lesch & Ray Joyce, 21321 Crown Lake Dr., Cornelius 10/7/19 $252,000 Erwin Friedrich & Melissa
Cowen to Richard & Natalie Zoerb, 20517 Queensdale Dr., Cornelius 10/7/19 $485,000 NuCompass Mobility Services to Joseph Marko & Ursula Niklasch, 114 O’Henry Ave., Davidson 10/7/19 $485,000 John & Erin Burke to NuCompass Mobility Services, 114 O’Henry Ave., Davidson 10/7/19 $286,500 Aaron & Dina Ringel to
17812 John Connor Road in Cornelius for $1,675,000 Opendoor Property Trust 1, 8909 Oakmoor Ct., Cornelius 10/8/19 $455,000 Nicholas & Leslie Willmore to Mark Townsend Jr., 16003 Cranleigh Dr., Huntersville 10/8/19 $345,000 SPH One to John & Susan Basher, 15733 Gathering Oaks Dr., Huntersville 10/8/19 $284,000 John & Betty Beard to Daniela &N Luiz huet de Bacellar, 20582 Harbor View Dr., Cornelius 10/9/19 $350,000 Patrick & Gretchen Versace to Aaron & Allison Cockrill, 15421 Barnsbury Dr., Huntersville 10/9/19 $257,000 Amme & Mackenzie Lynch to John & Kera Day, 18708 Roncevert Dr., Cornelius 10/10/19 $995,000 Philip & Kathleen Kercher
Billing Address: PO BOX 2844 Huntersville, NC 28070 Phone: 704-947-9933
to Alfu & Catherine Miah, 19501 Mary Ardrey Cir., Cornelius 10/10/19 $360,000 Henry Christian & Elizabeth Fuller to Liana Weller, 21401 Harken Dr., Cornelius 10/10/19 $674,000 William & Kelly Isenhart to Linda & Andrew Richards, 10831 Emerald Wood Dr., Huntersville 10/10/19 $567,000 Alfu & Catherine Miah to
Matthew & Juna Wolfmayer, 21214 Pumila St., Cornelius 10/10/19 $260,000 Stephanie Harris to Catherine Buchhofer & Jennifer Kramb, 13717 Mallory Baches Ln., Huntersville 10/10/19 $305,000 Michael & Claire Simmons to Carol Patterson Trust, 19350 Makayla Ln., Cornelius 10/11/19 $297,000 Calvin Smith to Patrick & Sarah Rogers, 9923 Willow Leaf Ln., Cornelius 10/11/19 $1,470,000 Alessandro Reed to Tanner Gray, 18007 Peninsula Club Dr. N., Cornelius 10/11/19 $310,000 Ben & Danele James to Melissa Vincent & Salvatore Tabada, 147 Colonial Park Dr., Huntersvillle 10/11/19 $343,000 Eva-Jo Elder to Anthony Rhymer, 12818 Shamley Ct., Huntersville
ONSITE EMBROIDERY
15725 Old Statesville Rd. Huntersville 15725 Old Statesville Rd. Phone: 704.947.9933 • Fax: 704.947.8833 info@awardsnorth.com • www.awardsnorth.com Huntersville, NC 28078
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November 2019
ON T HE RECORD
10/11/19 $405,000 William & Joy Shafer to James & Evelyn Rizzo, 21024 Harken Dr., Cornelius 10/11/19 $288,000 OP SPE TPAI to Marc & Shari Walker, 17728 Hampton Trace Rd., Huntersville 10/15/19 $364,000 South Creek Homes to Domenick & Stephanie Neglia, 11603 Meetinghouse Rd., Cornelius 10/15/19 $745,000 Ryan & Louisa Stamm to Mate & Jessica Benhegyi, 8511 Preserve Pond Rd., Cornelius 10/15/19 $525,000 Nanda & Kathryn Moscovitch to Amy & Guiseppe Cipolla, 17247 Pennington Dr., Huntersville 10/15/19 $260,000 Adam & Michelle Mills to Reiland & Stephanie Funderburk, 8812 Arrowhead Place Ln., Cornelius 10/15/19 $1,800,000 James & Marcia Riggins to Sofie & William Schirmer III, 16920 Green Dolphin Ln., Cornelius 10/16/19 $254,000 Opendoor Property C to Song Fong & Tau Yung, 13134 Heath Grove Dr., Huntersville 10/16/19 $648,000 Ryan Andrews to John & Jill LeBouton, 15820 Waldrop Hill Ct., Huntersville 10/16/19 $382,000 Richard & Sandra Ogburn to Sherry Van Every, 17007 Bridgeton Ln., Huntersville 10/16/19 $373,000 Rylan Keogh to Cory & Morgan Lyda, 453 O’Henry Ave., Davidson 10/17/19 $445,000 Lee & Virginia Wilkins to James Farmer, 20300 Cathedral Oaks Dr., Cornelius 10/18/19 $725,000 Larry & Dorothy Holland to Zachary & Jennifer Wells, 16506 Barcica Ln., Cornelius 10/18/19 $366,000 Ronald & Anita Scarnecchia to Katelyn & Bradley Burke and David & Cheryl Burke, 8711 Hallowford Dr., Huntersville 10/18/19 $590,000 Kenneth & Erin Rogers to Thomas Vogel, 19800 Callaway Hills Ln., Davidson 10/18/19 $438,000 Pulte Home Co. To Dorian & Brittany Adam, 11927 The Ramble Dr., Huntersville 10/18/19 $465,000 Chris & Julie Burrow to Benjamin & Jocelyn Passty, 12119 Kane Alexander Dr., Huntersville 10/18/19 $300,000 Larry Sims and Kathy Sims to Jason & Joy Evans, 10600 Washam Potts Rd., Cornelius 10/18/19 $260,000 Edward & Cynthia Parrish
to Joseph & Lovie Condrick, 7618 Mariner Cove Dr., Cornelius 10/18/19 $347,500 NVR to Kristin Bufktin, 12607 ES Draper Dr., Huntersville 10/18/19 $437,000 Zachary & Jennifer Wells to Stephanie & Robert Weimer II, 21312 Baltic Dr., Cornelius 10/21/19 $335,000 Michelle & Joel Knorr to Geraldine Leong & Hiang Lin Gn, 8524 Westmoreland Lake Dr., Cornelius 10/21/19 $510,000 Gerald & Jacqueline Boback to Ribbon Home SPV I, 14332 Timbergreen Dr., Huntersville 10/21/19 $537,500 Anthony & Donna Oddo to Drew & Julie Crane, 19608 Grand Slam Dr., Davidson 10/21/19 $378,000 Linda Mattingly to Cale Phlilips, 18561 Vineyard Point Ln., Cornelius
hill Rd., Huntersville 10/22/19 $601,500 Nancy Rashet to Anne Parks, 17303 Cove View Ct., Cornelius 10/23/19 $729,000 Marc & Sandra Perez to Reece & Amanda Roberson, 1120 Churchill Rd., Davidson 10/23/19 $245,000 Alan & Kelly Leatherwood to Slauson Legacy, 9711 Cadman Ct., Cornelius 10/23/19 $726,500 Classica Homes to James Crowder & Rachel Justice, 7023 Washam Park Dr., Cornelius 10/23/19 $290,000 Jonathan Eury to Mark Shields & Sara Foust, 15227 Waterford Dr., Huntersville 10/23/19 $600,000 South Creek Construction to Nussbaum Investments, Lot 54 Bailey’s Glen, Cornelius
18516 Balmore Pine Lane in Cornelius for $1,380,000 10/21/19 $446,000 Pulte Home Co. To Brian & Jessica Einer, 7034 Brookline Pl., Huntersville 10/21/19 $314,000 Brett & Kristen Tuttle to Adam & Juisa Dexheimer, 6511 Olmsford Dr., Huntersville 10/21/19 $250,000 Ribbon Homes SPV I to David Grill & Heather Riley, 18306 Taffrail Way, Cornelius 10/22/19 $367,000 William King & Velvet Nelson to Daniel & Lauren Justice, 8122 Strand-
10/24/19 $270,000 Trustees of Davidson College to Justin & Wendy King, 131 Spencer St., Davidson 10/24/19 $251,000 Opendoor Property I to IH6 Property North Carolina, 18907 Harbor Cove Ln., Cornelius
More Mecklenburg Transactions online at www.BusinessTodayNC.com
15
Iredell County 9/16/19 $760,000 Stephen & Kara Jurist to Brooke & Jason Sines, 176 Old Post Rd. 28117 9/16/19 $780,000 Mark & Theresa Hoogendoorn to Eli & Sarah Wendkos, 108 Castle Dr. 28117 9/16/19 $780,000 Funtime Properties to Tomasz Duski, 124 Knox Haven Ln. 28117 9/16/19 $263,500 Jeffery & Rebecca Field to Cerberus SFR Holdings III, 102 Rockhopper Ln. 28115 9/16/19 $515,000 Brandon & Stephanie Yamnitz to Kurt & Katherine Hiteshue, 119 Brawley Woods Ln. 28115 9/16/19 $915,000 William L. Bowden Jr. to Mark & Susan Barbaro, 168 Brownstone Dr. 28117 9/16/19 $285,000 D.R. Horton to Ramkumar Rajagopal & Anuradha Ranganathan, 110 E. Americana Dr. 28115 9/17/19 $307,000 Eastwood Construction to Ribbon Home SPV I LLC, 109 Lantern Acres Dr. 28115 9/17/19 $320,000 D.R. Horton to Peter & Jomayra Mauro, 107 E. Americana Dr. 28115 9/17/19 $349,000 D.R. Horton to Ross & Terrah Robl, 143 Chance Rd. 28115 9/17/19 $262,500 Opendoor Property C LLC to Stephen & Mercedes Shangle, 145 Saye Pl. 28115 9/17/19 $312,500 Robert & Kelly Auman to Daniel O’Sullivan & Diane Carroll, 145 Lynnbrook Ln. 28117 9/18/19 $250,000 Jeffrey & Susan Harkey to Christopher & Whitnie Sharp, 146 Cedar St. 28115 9/18/19 $262,500 Thomas & Cherish Mack to SPH Two, 166 Stallings Mill Dr. 28115 9/18/19 $610,000 William & Sandra Shumaker to Richard & Susan Filichia, 130 Pin Oak Ln. 28117 9/18/19 $425,000 Rahul & Amanda Lull to Jordan & Marianne Wilmoth, 104 N. San Agustin Dr. 28117 9/19/19 $880,000 Christopher & Danna Goodwin to Rose E. Vogel, 265 Kemp Rd. 28117 9/19/19 $548,500 Niblock Homes to Michael & Diane Lipp, 115 Hillside Cove Ct. 28117 9/19/19 $385,000 Taylor Morrison of Caroli-
continued on page 16
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16 November 2019
O n T he Record
continued from page 15 nas to Ronald & Gene Tracy, 123 Welcombe St. 28115 9/19/19 $649,000 David & Ann Winkle to Jason & Jaime Blair, 142 Magnolia Farms Ln. 28117 9/19/19 $285,000 Jason & Angela Leighton to Megan Nicole Walters, 129 Glade Valley Ave. 28117 9/19/19 $280,000 D.R. Horton to Rim El Zein & Adib Moukahl, 134 Chase Water Dr. 28117 9/19/19 $433,000 Amy & Mark Little to Jason & Angela Leighton, 115 Paseo Dr. 28117 9/19/19 $552,500 Lakeshore Holdings to Michael & Krista Holcomb, 304 Kenway Loop 28117 9/19/19 $292,500 Terrance & Judith Laise to Philip & Tammy Gary, 114 Winterbell Dr. 28115 9/20/19 $415,000 Wade & Robin Cane to Lawrence E. Stacy Jr., 112 Jib Ln. 28117 9/20/19 $350,000 Taylor Morrison of Carolinas to Andrew Nathan Gordon, 111 Holsworthy Dr. 28115 9/20/19 $495,000 Norma S. June to Gary & Deborah Eaker, 295 Riverwood Rd. 28117 9/20/19 $567,500 Nancy Jablonski to Andrew & Joann Martilini, 132 Ragdale Trl. 28117 9/20/19 $273,000 Accent Homes Carolinas to Syed Mukhtar & Fauzia Khalid, 111 Beam Dr. 28115 9/20/19 $356,500 Gina & David Uhlef to Vicki Dunn-Marhsall, 637 Williamson Rd. #201 28117 9/20/19 $535,000 Kurt & Katherine Hiteshue to Cameron & Marianne Lewis, 372 Riverwood Rd. 28117 9/20/19 $393,500 Gerald & Rose McLin to James & Jennifer Lindsey, 103 Gannett Rd. 28117 9/20/19 $367,500 IQ Custom Construction to Robert & Roberta Elliott, 183 Williford Rd. 28115 9/23/19 $368,000 Janet H. White to Norman & Barbara Higgins, 165 Brawley Point Cir. 28117 9/23/19 $320,000 Jose & Catherine Pinela to Richard Rosselli, 124 Nesting Quail Ln. 28117 9/23/19 $269,000 Gregory & Sara Keys to Angela N. Moore, 128 Riding Trl. 28117 9/23/19 $445,000 TLC Family Homes to Michael Johnson & April Stephens, 153 Dupree Ln. 28115 9/23/19 $299,000 Thomas Woodrow Caudle Jr. to Wind and Water Development, 241 Robinson Rd. 28117 9/24/19 $252,500 D.R. Horton to Shizhong Wang & Leeyin Koo, 132 North Cromwell Dr. 28115 9/24/19 $280,000 NVR to Lisa Marie Labelle, 140 Beacon Dr. #A 28117 9/24/19 $321,500 William & Melissa Griffin to Patrick & Veronica Kellaher, 112 Harbor Cove Ln. 28117 9/24/19 $309,500 D.R. Horton to Wiggins Real Estate, 118 E. Americana Dr. 28115 9/24/19 $610,000 David G. Humphrey to Matthew & Allison Farkas, 311 Indian Trl. 28117
727 Patrick Johnston Lane in Davidson for $751,000 9/24/19 $280,000 David & Alison Adams to Michael & Jane Mayhew, 125 Cedar St. 28115 9/24/19 $337,000 D.R. Horton to Corina A. Cox Elliott, 106 Boatwright Ln. 28117 9/24/19 $340,000 Ralph & Beverly Guise to Rody & Jaclyn Parraga, 121 Claremont Way 28117 9/24/19 $295,000 Michael & Cindy McAlpin to Michael & Marie Duffy, 172 Water Oak Dr. 28117 9/25/19 $365,500 D.R. Horton to Michael & Stacey Hyde, 161 Chance Rd. 28115 9/25/19 $250,000 Casey & Valerie Baucom to Cerberus SFR Holdings III, 126 Willow Valley Dr. 28115 9/25/19 $510,000 Kishan & Sushma Marmraj to Philip & Jennifer Kiser, 118 Pauls Ln. 28117 9/25/19 $947,000 Mark & Margaret Gerdes to Raymond & Andrea Smith, 587 Barber Loop 28117 9/26/19 $250,000 Kason & Sarah Hogge to Michael A. Caplis, 103 Pier 33 Unit #218 28117 9/26/19 $287,000 Jay & Kathleen Sistrunk to Michael & Alina Haffermehl, 104 Forest Glen Rd. 28115 9/26/19 $394,000 D.R. Horton to Deryck & Danielle Siebs, 142 Chance Rd. 28115 9/26/19 $265,000 Freddie & Vickie Patterson to Lester & Patricia Davis, 150 Wren Hill Dr. 28115 9/26/19 $515,000 James & Katelyn Brammer to David Merryman & Rebecca Morrison, 310 McCrary Rd. 28117 9/26/19 $258,000 Eastwood Construction to Mary & Brian Murphy, 190 Waterlynn Ridge Rd. Townhouse A 28117 9/26/19 $725,000 Michael & Nathalie Baroux to Ronald & Wendy Davis, 119 Alton Ct. 28117 9/26/19 $752,000 NEKCO LLC to Andrew & Mary Raddant, 211 Hideaway Ln. 28117
9/27/19 $284,000 D.R. Horton to Kristy & George Cid, 157 Atwater Landing Dr. 28117 9/27/19 $390,500 James Todd Coggins to James & Stacie Coggins, 307 Robinson Rd. 28117 9/27/19 $317,000 D.R. Horton to Ryan & Erin Lemire, 133 E. Northstone Rd. 28115 9/27/19 $306,500 D.R. Horton to Devon Hassett & Douglas Linn, 171 Atwater Landing Dr. 28117 9/27/19 $635,000 John & Natasha Torpy to Gregory & Bonnie Ogden, 312 Normandy Rd. 28117 9/27/19 $1,165,000 James Edward Faccone Jr. to John & Natasha Torpy, 153 Homer LN. 28117 9/27/19 $458,000 Nest Homes to Michael & Lea Hidock, 215 Country Lake Dr. 28115 9/27/19 $250,000 Victor & Barbara Garcia to Katelyn Hagan, 139 Walmsley Pl. 28117 9/27/19 $1,800,000 Christopher H. White to Todd & Stephanie Heinzelman, 461 Kemp Rd. 28117 9/27/19 $410,000 Michael & Rebecca Nordness to Samuel & Tessica Daniels, 119 Greenhill Ln. 28117 9/27/19 $374,000 Samuel & Tessica Daniels to Roger Black & Knox Peake, 138 Teakwood Ln. 28117 9/27/19 $435,000 Sherri B. Bower to The Entrust Group FBO William G. Ashburn, 277 Patternote Rd. 28117 9/27/19 $331,000 Eastwood Construction to Justin & Shakia Smith, 116 Toxaway St. 28115 9/27/19 $330,500 M/I Homes of Charlotte to Kaylor & Donny Kaemba, 189 Caversham Dr. 28115 9/27/19 $412,500 BMCH North Carolina to Rhonda Cartwright, 163 Rain Shadow Dr. 28115 9/27/19 $250,000 M/I Homes of Charlotte to Jennifer L. Hill, 110 East Neel Ranch Rd.
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28115 9/27/19 $251,500 Rebecca Alexander Clodfelter to Daniel & Jane Koontz, 843 Shearer Rd. 28115 9/30/19 $501,000 Jennifer M. Albrecht to Todd & Emily Klopp, 107 Ivyridge Ct. 28117 9/30/19 $308,500 D.R. Horton to James & Constance Jump, 139 N. Cromwell Dr. 28115 9/30/19 $255,000 D.R. Horton to Reggie Beal, 163 King William Dr. 28115 9/30/19 $278,500 D.R. Horton to Logan Burk, 151 Atwater Landing Dr. 28117 9/30/19 $255,000 Jacob & Elizabeth DeRosa to Opendoor Property C LLC, 120 Gilden Way 28115 9/30/19 $374,000 Morris & Benjamin Morrison to Sameer Mansukhani & Sarika Walia, 109 Middleton Pl. 28117 9/30/19 $455,000 Timothy & Lisa O’Leary to Michele & Kenneth Radecki, 109 Belfry Loop 28117 9/30/19 $297,500 Kelly & Jayson Poluka to Nicole Parkin, 203 Southwood Park Dr. 28117 9/30/19 $414,000 C. Patrick Stoney to James & Stephanie Buote, 125 Sundown Cove Dr. 28117 9/30/19 $425,000 John & Kathleen Zurich to Richard Hardin & Marisa Sertic, 162 Pintail Run Ln. 28117 9/30/19 $345,000 Paula & Jay Leach to Shane Allen & Shaynalynn Magness, 615 Millwood Dr. 28115 9/30/19 $538,500 Epcon Blume Brawley to Richard & Patricia Mahoney, 106 Mercyview Ln. 28117 9/30/19 $465,000 David & Kathy Watkins to Thomas & Leslie Picard, 905 Kemp Rd. 28117 9/30/19 $281,500 Luis & Novah Sosa to Cerberus SFR Holidngs III, 108 Artisan Ct. 28117 9/30/19 $485,000 Nest Homes to Michael & Lisa Murphy, 237 Country Lake Dr. 28115 9/30/19 $522,000 Ronald & Donna Keane to Anthony & Melissa Samuta, 116 Patience Place Ln. 28117 9/30/19 $434,000 Wayne & Lorri Hauser to Mary Wright Painter, 150 Pinnacle Shores Dr. 28117 9/30/19 $1,000,000 Kevin & Patricia Harding to Christopher & Carolyn Peacock, 108 Windy Run Ln. 28117 9/30/19 $315,000 D.R. Horton to Derrik M. Florkiewicz, 138 Chance Rd. 28115 9/30/19 $325,000 D.R. Horton to Kimberly S. Smith, 114 Eternal Dr. 28115 9/30/19 $300,000 Rosemary A. Correa to Verlin & Cheryl Caudill, 321 Red Dog Dr. 28115 9/30/19 $787,500 Judith E. Irlacher to Peter & Ellen Grabowski, 125 Wynswept Dr. 28117 9/30/19 $405,000 Rachel A. Hay to Judith E. Irlacher, 120 Tall Oak Dr. 28117 10/1/19 $660,000 William & Carolyn Ashburn to Terrance & Jennifer Sullivan, 383 Sundown Rd. 28117 10/1/19 $311,000 Jeremy & Kelly Hughes to Phillip & Jenifer Kennedy, 152 Gray Cliff Dr. 28117 10/2/19 $545,000 Cresbury Clothes to Claude & Sandra Hamrick, 149 Larkhaven Ln. 28117
Business Today
10/2/19 $267,500 Lennar Carolinas to Grant Taylor & Abbey Weissbach, 118 Mackinac Dr. 28117 10/2/19 $285,000 Mark & Jill Shelton to Gregory & Sharon Corso, 128 Oxford Dr. 28115 10/2/19 $315,000 Krohn Real Estate Holdings to Saint Luke Greek Orthodox Church, 1176 Mecklenburg Highway 28115 10/3/19 $2,051,000 Patrice & Philip Salice to Benedict & Brenna Olberding, 127 S. Longfellow Ln. 28117 10/3/19 $542,000 Lakeshore Holdings to Aaron & Caitlin Barney, 138 Blue Ridge Trl. 28117 10/3/19 $645,000 Marjorie Ann Schnicker to Jack & Jennifer Hunt, 115 Outside Loop Ln. 28117 10/3/19 $428,000 Niblock Homes to Earl & Garnett Massey, 133 Holly Ridge Dr. 28115 10/3/19 $455,000 Andrew & Rachel Wilcox to Ribbon Home SPV I, 156 Belfry Loop 28117 10/3/19 $559,000 Gary & Jeanine Gregoloff to Randall & Edwina Pegram, 124 Ironwood Ct. 28117 10/3/19 $490,000 Roberto & Yvette Pellegrino to Thomas & Kimberly Patton, 108 Cedar Woods Dr. 28117 10/4/19 $799,000 Jeffrey & Patricia Edminston to David & Lisa Shoop, 714 Lakeview Shores Loop 28117 10/4/19 $610,000 B & P BLDG to Han Property, 178 Hickory Hill Rd. 28117 10/4/19 $456,000 Cheryl & Adam Welch to Jeffrey & Susan Kittle, 178 Sansome Rd. 28115 10/4/19 $255,000 D.R. Horton to Harvey & Darlene Turner, 108 Southhampton St. 28115 10/4/19 $704,000 Randall & Veronica Plate to Mark O’Brien & Julie Martin, 148 Culpeze Rd. 28117 10/4/19 $251,000 ABAR LLC to Graham & Maria Celenza, 147 Ringneck Trl. 28117 10/4/19 $396,500 Charlie November Holdings to North Main Holdings, 404-412 N. Main St. 28115 10/7/19 $315,000 Robert & Jude Crupi to Barbara & Czeslaw Sawicki, 130 Sugar Magnolia Dr. 28115 10/7/19 $475,000 True Homes to Knock Property 2, 131 Brawley Woods Ln. 28115 10/7/19 $845,000 Eugene & Andrea Rohrwasser to Jeffrey & Christian Vizethann, 179 Lake Mist Dr. 28117
O n T he Record 10/7/19 $265,000 Jeff & Kelly Arzonico to Ashley Renninger, 112 Glade Valley Ave. 28117 10/7/19 $309,000 Brit & Janda Hefner to Egon & Mary Lou Fordos, 119 Midglen Ct. 28115 10/8/19 $285,000 Dustin & Cinamon Law to David Eugene Longdon, 123 Foxtail Dr. 28117
Zarybnicky to Dustin & Cinamon Law, 339 McCrary Rd. 28117 10/8/19 $555,000 Eric & Paula Lodge to Lucas & Falyn Shortridge, 132 Palos Verde Dr. 28117 10/8/19 $765,000 John & Penelope Peirce to Jonathan & Audra Smith, 150 W. Maranta Rd. 28117 10/9/19 $353,000 Michael & Shari Rawls to
145 Bayshore Loop in Mooresville for $1,500,000 10/8/19 $550,000 Ernest & Cecily Helms to Dominick & Paola Mendoza, 165 Walden Dr. 28115 10/8/19 $310,000 Andrew & Jamie Hart to Russell & Cynthia Lyman, 243 Tawny Bark Dr. 28117 10/8/19 $620,000 Kathleen & Daniel Schloss to Caitlin Nagrocki, 145 Tuskarora Point Ln. 28117 10/8/19 $410,000 Robert & Kimberly
Bradley & Hannelore Charles, 144 Alexandria Dr. 28115 10/9/19 $740,000 Prestige Homes & Renovations to Richard & Melanie Stell, 1023 Fern Hill Rd. 28117 10/10/19 $297,000 Joshua & Erica Morgan to John & Melissa Balaban, 214 Almora Loop 28115 10/10/19 $291,500 Meeting Street Towns II to Nicholas & Kimberly Bonarrigo, 108C
November 2019
17
Certificate St. 28117 10/10/19 $423,000 Robert & Erin Tankoos to Wesley & Jodi Lowder, 110 Castaway Trl. 28117 10/10/19 $705,500 Ribbon Homes SPV I to Randall & Veronica Plante, 334 Bay Harbour Rd. 28117 10/10/19 $330,000 Peter & Deana Lindo to Jamie & Emily Freeman, 112 Southern Oak Dr. 28115 10/10/19 $1,500,000 Michael & Sandra Gause to Lazy K LLC, 145 Bay Shore Loop 28117 10/10/19 $1,190,000 Gary & Beverly Scott to Gregory & Lisa Ryan, 131 Jeremy Point Pl. 28117 10/10/19 $385,000 Eastwood Construction to Shaun & Tonya Mangum, 198 Bushney Loop 28115 10/10/19 $600,000 4G Design Build to Beverly Scott, 157 Webbed Foot Rd. 28117 10/11/19 $1,225,000 Nest Homes to Lazy K, 119 Little Indian Loop 28117 10/11/19 $1,350,000 Ronald & Andrea Shaw to Patrick Joseph Distinctive Homes, 189 Gudgar Rd. 28117 10/11/19 $450,000 Marin Devleopment Company to Brian & Jennifer Ludwick, 123 Wolf Hill Dr. 28117 10/11/19 $358,500 D.R. Horton to Kevin & Shannon Ryan, 151 Longleaf Dr. 28117 10/11/19 $315,500 NVR to Sherwood Wall Keel Jr., 116 Lanyard Dr. #D 28117 10/11/19 $315,000 NVR to Mary Turner, 163 Beacon Dr. Townhouse A 28117 10/11/19 $746,000 Kaapa Properties to Matthew & Christina Baude, 118 Spears Creek Ct. 28117 10/11/19 $269,000 P. Persaud Rentals to Dennis & Cynthia Kennedy, 298 Wiggins Rd. 28115 10/11/19 $371,000 Eastwood Construction to Nelson & Rebecca Edwards, 142 Caversham Dr. 28115
More Iredell Transactions online at www.BusinessTodayNC.com
18 November 2019
Business Today
O N T HE RECORD
FORECLOSURES
NEW CORPORATIONS
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.
These businesses have registered with the N.C. Secretary of State.
Mecklenburg County No Foreclosures
Past Mecklenburg Foreclosures online at www.BusinessTodayNC.com
Iredell County 10/3/19 Fit Fusion LLC, 331 Alcove Rd. Unit 102 28117, First Landmark Bank $866,900
More Iredell Foreclosures online at www.BusinessTodayNC.com
Mecklenburg County 9/16/19 BEnvestments LLC, Brett Ericksen, 15513 Gallant Ridge Pl., Huntersville 9/16/19 Catawba Clothing Company LLC, Joshua Pyle, 20334 Bethelwood Ln., Cornelius 9/16/19 Catawba Clothing Company LLC, Joshua Pyle, 20334 Bethelwood Ln., Cornelius 9/16/19 CMJ Framing Company, Crisanto Meja Jr., 12130 McCoy Rd., Huntersville 9/16/19 JC Holding LLC, Jeffrey D. Church, 19300 Statesville Rd., Cornelius 9/16/19 Lady B Good Designs Inc., John F. Hanzel, 19425 G. Liverpool Pkwy., Cornelius 9/16/19 Loyal Friend Dog Grooming LLC, Francis D. Dum, 11608 Old Statesville Rd. Ste. 212, Huntersville 9/16/19 MARGAR LLC, Stuart Adams, 14661 Greenpoint Ln., Huntersville 9/16/19 MFCOS LLC, Ben J. Cassarino, 445 S. Main St. Ste. 400, Davidson 9/16/19 On Your Mark Realty LLC, United States Corporation Agents Inc., 19843 Henderson Rd. Unit B, Cornelius 9/17/19 Forster & Pritchard LLC, Lindsay Ann Forster-Pritchard, 13501 S. Old Statesville Rd., Huntersville 9/17/19 Funny Bus Franchising LLC, Funny
Bus LLC, 18937 Southport Dr., Cornelius 9/17/19 Trey Williams Construction LLC, Frank R. Williams III, 630 Davidson Gateway Blvd., Davidson 9/17/19 Vascer LLC, Anand Avva, 812 Hudson Pl., Davidson 9/18/19 Cr3ators Club LLC, Gene Brown III, 11216 Bryton Pkwy. Apt. 13303, Huntersville
New corp.: Loyal Friend Dog Grooming LLC., Francis D. Dum, 11608 Old Statesville Road, Huntersville 9/18/19 Heartbeat of Family Inc., Terrance Parks, 9921 Holly Crest Ln., Huntersville 9/18/19 I Strive PLLC, Lori Critcher, 15433 Northstone Dr., Huntersville 9/18/19 Ivester Jackson Charlotte LLC, Lori Ivester Jackson, 21025 Catawba Ave. Ste. 101, Cornelius 9/18/19 Ivester Jackson Commercial Properties LLC, Lori Ivester Jackson, 21025 Catawba Ave. Ste. 101, Cornelius
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9/18/19 Paper Plane LLC, Shawn A. Copeland, 215 S. Main St. Ste. 301, Davidson 9/18/19 Reliefbox, Surilma Amuel, 5745 Snapdragon Ln., Huntersville 9/19/19 Blossom Counseling PLLC, Odelta Clontz, 202 S. Old Statesville Rd., Huntersville 9/19/19 CleverSo LLC, Jeremiah P. Hunt, 7704 Horseshoe Creek Dr., Huntersville
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9/19/19 Duckworth Property Management LLC, James Collins Duckworth, 20023 Mulberry St., Cornelius 9/19/19 John Glen Alexander Corporation, John Glen Alexander, 10015 Andres Duany Dr., Huntersville 9/19/19 Prestige Corporate Management LLC, LeeAnn Randolph, 21000 Torrence Chapel Rd., Cornelius 9/19/19 MorningLightMusic LLC, United States Corporation Agents Inc., 9141 Celestine Ln., Cornelius 9/19/19 Over the Pills Corporation, Nicole Clark, 14604 Lyon Hill Ln., Huntersville 9/19/19 Renny Design Co. LLC, Renneth Austin Calton, 16110 Covington Point Ln., Huntersville 9/19/19 The Joy Guide LLC, United States Corporation Agents, 17115 Kenton Dr. Ste. 101 A #7, Cornelius 9/19/19 The KARS Group LTD., Keisha A. Rivers, 14311 Reese Blvd. Ste. A2 #326, Huntersville 9/19/19 Trucore Group Inc., Brian McArthur, 5714 Colonial Garden Dr., Huntersville 9/19/19 Ultra Quality LLC, Anthony Hooker, 11026 Dry Stone Dr., Huntersville 9/19/19 Velocity Consulting Services LLC, Tamara Ellestad, 8807 St. Brides Ct., Huntersville 9/20/19 BBC Rivermist LLC, LeeAnn Randolph, 21000 Torrence Chapel Rd. Ste. 100, Cornelius 9/20/19 Designer’s Eye LLC, Kristen C. Enwright, 10732 Trolley Run Dr., Cornelius 9/20/19 Erin Greenlee LLC, Erin Greenlee, 15504 Northstone Dr., Huntersville 9/20/19 Forest Acres LLC, Karen Forest, 10005 Rose Brook Ln. #310, Huntersville 9/20/19 Ideal Charlotte Realty LLC, Julie Shannon, 20505 Sterling Bay Ln. W #L, Cornelius 9/20/19 Irions Enterprise LLC, Zelford Irions, 9015 Sutherland Dr., Huntersville 9/20/19 Knight Contracting LLC, Benjamin
Business Today Fenner Knight, 16631 Glenfurness Dr., Huntersville 9/20/19 Ritual Esthetics LLC, Lauren Hartman, 17404 Tuscany Ln., Cornelius 9/20/19 The Crazy Pig Inc., Robert McCrary, 404 S. Main St., Davidson 9/23/19 Embrace the Space Between LLC, United States Corporation Agents Inc., 337 Ashby Dr., Davidson 9/23/19 Fake Satire LLC, Michael T. Koster, 612 James Alexander Way, Davidson 9/23/19 Field Day REO LLC, United States Corporation Agents Inc., 337 Ashby Dr., Davidson 9/23/19 Greenwich International Group LLC, Cassio Zago Sa, 12919 Vermillion Crossing Ct., Huntersville 9/23/19 Lake Norman Fence Company LLC, Peter Contastathes, 18067 W. Catawba Ave. Ste. 204, Cornelius 9/23/19 Let the Good Times Roll LLC, Cheryl Holt, 19024 Moutainview Dr., Cornelius 9/23/19 Middle Road LLC, Frank J. Schotthoefer, 11015 Asbury Chapel Rd., Huntersville 9/23/19 Peak at Waterside Crossing Condominium Association Inc., Cynthia A. Jones, 19109 W. Catawba Ave. Ste. 110, Cornelius 9/23/19 Ramah Presbysterian Church Preschool, Kimberly Bradford, 14401 Ramah Church Rd., Huntersville 9/24/19 Assets Total Management Inc., Brian Wilson, 20311 Chartwell Center Dr. Unit 250, Cornelius
More Mecklenburg New Corporations online at www.BusinessTodayNC.com
Cabarrus County 9/16/19 Cash Farms LLC, Scot Torrence, 6440 Lynwood Dr. NW, Concord 9/17/19 2nd Chance Trucking Solutions, Mareece Harris, 320 Amber St., Concord 9/17/19 Decimal Drive Acquisition LLC, Daniel M. Brooks, 7575 Westwinds Blvd., Concord 9/17/19 Matrix Property Works LLC, Valeria Tabares, 5915 Barefoot Ln., Concord 9/17/19 The Hair Center of NC LLC, Alisha Holt Mathis, 4124 Margate St. SW, Concord 9/18/19 Big Mama’s Sauce LLC, Sobriyia Rucker, 1200 Seasons Pl. NW #102, Concord 9/18/19 Davis Prompt Secure Deliveries LLC, Markevis Davis, 131 Blue Sky Dr. NW, Concord 9/18/19 DJ Freight Inc., Veaceslav Duca, 4838 Brockton Ct. NW, Concord 9/18/19 Grace City Church Charlotte Inc., Destiny Smith, 3515 Coventry Commons Ave., Concord 9/18/19 Harmony Dreams LLC, Shay Perry, 720 Hania Dr. SW, Concord 9/18/19 Orr Road Investments LLC, Mitchel S. Bollag, 7755 Hilliard Ln., Concord 9/18/19 RRT – Caterpillar LLC, Zachary M. Moretz, 300 McGill Ave. NW Ste. 100, Concord 9/18/19 Sacrificial Lamb Ministries, Samuel
O N T HE RECORD Vincent Wilson, 1316 Samuel Adams Cir. SW, Concord 9/19/19 Ambassador Construction Services Inc., Stephanie Dobner, 3498 Brighton Ct., Concord 9/19/19 Buffalo Branch Farm LLC, Samuel F. Davis Jr., 446 Winfield Blvd. SE, Concord 9/19/19 Davis Cattle Co LLC, Samuel F. Davis Jr., 446 Winfield Blvd. SE, Concord 9/19/19 I Runway Everyday Boutique LLC, LaShanda Rhynes-Murray, 10663 Rippling Stream Dr. NW, Concord 9/19/19 Iname Apparel LLC, James Goins, 78 Buffalo Ave. NW Ste. 120, Concord 9/19/19 Living Hope Christian Counsleing PLLC, Edith Todd, 1512 Porters Ct., Concord 9/19/19 McCord Laws Properties LLC, David B. McCord III, 8825 Harris Rd., Concord 9/19/19 Ventiera Holdings LLC, Edward Ventiera, 157 Union St. N, Concord 9/19/19 Your House Interior & Exterior Services LLP, Raquel S. Bueso, 2534 Heidelberg Dr., Concord 9/20/19 APD Green LLC, Prachi Gokhale, 9582 Clarkes Meadow Pl. NW, Concord 9/20/19 APD South Blvd LLC, Prachi Gokhale, 9582 Clarkes Meadow Pl. NW, Concord
More Cabarrus New Corporations online at www.BusinessTodayNC.com
Iredell County 9/16/19 BDK Holdings LLC, Brian D. Karriker, 324 Montibello Dr. 28117 9/16/19 Extreme Transfer Inc., John L. Tilley, 280 Mooresville Blvd. 28115 9/16/19 New Home Life Ventures LLC, David Gullick, 168 Kilborne Rd. 28117 9/17/19 Brian Karriker DDS PLLC, Brian Karriker, 324 Montibello Dr. 28117 9/17/19 Lake Norman Browns Backers Association, David G. Fago, 129 N. Wendover Tree 28117 9/17/19 Neighborhood Dance LLC, Michelle Hippensteel, 364 Williamson Rd. Ste. 303 28117 9/18/19 Deployed Gear LLC, Craig Sprinkles, 111 Glenholden Ln. 28115 9/18/19 MabAv LLC, J.M. Mabry Jr., 114 Iron Gate Cir. 28117 9/18/19 Meritage Point Consulting LLC, Keith Wine, 496 Greenbay Rd. 28117 9/19/19 Madison Haskell Inc., Madison Haskell, 118 Farmers Folly Dr. 28117 9/19/19 Martin Family Endeavors LLC, Lynn Martin, 122 Easy St. 28117 9/19/19 Monwell Partee Designs LLC, Monwell Partee, 126 Legacy Village Blvd. Apt. 105 28117 9/20/19 BKG Investments LLC, Clifton W. Homesley, 330 S. Main St. 28115 9/20/19 Didio Integrity Kennels LLC, Ann L. Vano, 112 Argus Ln. #110 28117 9/20/19 RKW Consulting LLC, Roderick K. Wallace, 315 Greenbay Rd. 28117 9/20/19 Roost Offroad LLC, Natalie Bass, 111 Farmington Ln. 28117 9/23/19 7 Arrows Renovations LLC, Ira Jo
Hussey, 127 E. Decatur Ave. 28117 9/23/19 Harts Flooring Inc., Leroy Hart, 120 Institute St. 28115 9/23/19 LKNAT3 LLC, Stephanie Lemons, 330 Caldwell Ave. 28115 9/23/19 Queen City Timing Services Inc., Dennis Joffe, 105 Digh Cir. 28117 9/24/19 Anchors Away Canine Academy LLC, Cortney Owens, 178 Mackwood Rd. 28115 9/24/19 Cold Fast Freight LLC, Miranda Edwards Whitley, 150 Peninsula Dr. 28117 9/24/19 D & D Carpenters Unlimited LLC, David Agnolucci, 103 Hartine Ct. 28115 9/24/19 JDS Solutions LLC, Lisa Parrish, 112A Argus Ln. #409 28117 9/24/19 K9 Safe Haven LLC, Ann L. Vano, 112 Argus Ln. #110 28117 9/24/19 Mil Spec Advisors LLC, Cody Nix, 142 Lugnut Ln. Ste. 201 28117 9/24/19 Movin’ On Ventures LLC, James Adams, 126 Webbed Foot Rd. 28117 9/24/19 Plane Solutions LLC, Christopher James, 429 Grasshopper Cir. 28117 9/25/19 ASV Real Estate LLC, Suresh Kumar Veerthineni, 137 Silverspring Pl. 28117 9/25/19 Born to Think LLC, Najee Nikita Pritchett, 106 Montibello Dr. 28117 9/25/19 Extechtools Inc., Ethan A. Davis, 219 Everett Park Dr. 28115 9/25/19 Vaansa Styles LLC, Ashwani Dalal, 153 Farmers Folly Dr. 28117 9/26/19 Multi-Tech LLC, William R. Johnson, 134 Cherokee Dr. 28117 9/26/19 Noel Treasures LLC, Regine Noel, 172 Williamson Rd. #4741 28117 9/27/19 Richard N. Drake Self-Directed LLC, Richard N. Drake, 112 Windy Run Ln. 28117
More Iredell New Corporations online at www.BusinessTodayNC.com
Denver/Catawba 9/16/19 B18 Motorsports LLC, Brantley D. Schnell, 6012 S. NC 16 Business Hwy., Denver 9/16/19 E&C House Improvements LLC, Eric B. Guzman Portillo, 1315 Aurora Ct., Denver 9/16/19 LKN Property Partners LLC, Jason Geml, 2651 Andrew Point Dr., Denver 9/17/19 Bigger – Johnson Properties LLC, Rex Daniel Elmore III, 6923 Pebble Bay Dr., Denver 9/18/19 Cosmo Aviation LLC, William B. McKee, 1266 Winged Foot Dr., Denver 9/18/19 Stow-A-Ways LLC, Dana G. Lynch, 6945 Jefferson Dr., Denver 9/19/19 Flag to Flag Promotions LLC, Jessica Stowe, 7970 Hagers Ferry Rd., Denver 9/19/19 Harvest One Naturals LLC, Rosalind S. Smith, 3593 Denver Dr., Denver 9/23/19 Luna’s Lounge Inc., Katelyn Wedman, 6375 King Wilkinson Rd., Denver 9/24/19 Wood & Wit LLC, Phillip Austin Russo, 7287 Adirondack Dr., Denver
More Denver New Corporations online at www.BusinessTodayNC.com
November 2019
19
FEATURED LISTINGS
4451 Raceway Dr., Concord
Square footage: 14,470 Warehouse: 13,800 Office: 670 Ceiling: 20ft
19925 Jetton Rd., STE 200 Cornelius
780 SF , 4 Offices, Large open area for conference table, private bathroom
823 Old Statesville Rd Huntersville
1.63 acres of flat land with 200 ft of street frontage. Primed for commercial development. Sold as-is.
10210 Hickorywood Hills STE 200 - Huntersville
8 Exam Rooms, Reception area, break room, X-ray room, 2 separate entrances, 2,800 sf, AAAASF Surgical Certified.
Karen Tovar
cell: 704-905-6964
email: karen@thetovargroup.com www.thetovargroup.com
20 November 2019
Business Today
Hot Properties
2020 vision: More of the same for resales, luxury The 2020 outlook for home prices is strong—another way of saying it looks like the seller’s market will continue next year, and first-time buyers will go farther to find affordable properties. “Supply channels show little to no relief in sight,” says Pat Riley, CEO of Allen Tate Realtors. Builders are building new homes at a rate well below historic averages. “Meanwhile, Baby Boomers are downsizing at age 74 instead of early 60’s – and we need their inventory,” Riley says.
In the $175,000 to $400,000 price range, there’s very little product. Appreciation rates for those homes is way above historic averages. “What is hurting inventory more than anything is America’s homes are now an average of 43 years old,” Riley said. The luxury marketplace—a major factor in Lake Norman— attracts about 6 percent to 8 percent of the buying public. Riley says the local market is very healthy, even though we are not a luxury destination.
We assembled the 20 highest priced homes on the market right now in Mooresville, Davidson, Cornelius and Denver. Nine are in Cornelius, although one of them is a lakefront lot on Belle Isle with plans for a large home. Seven are in Mooresville, three are in Davidson and one is in Denver. Buyers in the $2 million-plus range often pay cash and many are from out of the market, says Anita Sabates, with Allen Tate in Cornelius. Self-made wealth and corporate ex-
ecutives relocating here help drive the high-end. They can be very persnickety on their purchases. “Condition and price are everything; good homes will sell at any price point,” says Riley. “Where the challenge lies is that most of our lake and golf course luxury properties were built 20 to 30 years ago, and most of these homes have not been kept current,” he says. The average Days on Market for all 20 homes was 203 days as of late October.
168 Broadsound Place Mooresville
19125 Peninsula Point Drive Cornelius
$6,995,000
$3,799,000
Days on market: 265
Days on market: 371
8495 Norman Estates Drive Denver
18311 Nantz Road Cornelius
$6,800,000
$3,795,000
Days on market: 537
Days on market: 173
109 Conway Court Mooresville
160 Brick Kiln Way Moorseville
$5,900,000
$3,795,000
Days on market: 163
Days on market: 386
21123 Torrence Chapel Road Cornelius
17324 Wavecrest Court Cornelius
$4,300,000
$3,750,000
Days on market: 363
Days on market: 152
163 Falmouth Road Moorseville
179 Milford Circle Moorseville
$3,999,999
$3,500,000
Days on market: 36
Days on market: 349
10950 Arthur Auten Road Huntersville
139 Travis Pointe Drive* Moorseville
$3,800,000
$3,400,000
Days on market: 149
Days on market: 142
Business Today
November 2019
21
159 & 155 Asbury Circle Moorseville $2,999,999 Days on market: 195 16409 Belle Isle Drive* Cornelius $2,995,000 Days on market: 63 2810 Cherry Lane Denver $2,995,000 Days on market: 176 21215 Senlac Lane Cornelius $2,990,000 Days on market: 81 ON T HE R ECORD
20124 Bascom Ridge Drive Cornelius $2,950,000 Days on market: 43 18201 Town Harbour Road Cornelius $2,900,000 Days on market: 137 16801 Jetton Road Cornelius $2,899,000 Days on market: 235 8236 Bay Pointe Drive Denver $2,895,000 Days on market: 56 * Builder Plans
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Business Today
22 November 2019 Econ. Outlook continued from page 1 magnet for in-migration and corporate expansion. Microsoft Corp. will add 430 new jobs in Mecklenburg County with a $23 million expansion. Honeywell is moving its corporate headquarters from New Jersey; Avid Exchange will double its workforce and build a 201,000 squarefoot facility on the AvidXchange Music Factory campus just north of Uptown Charlotte. “The Charlotte and Raleigh regions—home to a growing slate of financial and technology firms— Vitner are driving much of the state’s growth, which is increasingly concentrated in professional & business services, financial activities, healthcare and technology,” said Mark Vitner, senior economist at Wells Fargo in Charlotte.
Financial center The Charlotte region is one of the nation’s largest financial centers. Banking and finance directly employ Artium continued from page 1 offices nearby, not to mention retail and residential. The Huntersville medical center is located on 30 acres of prime land adjacent to Exit 25 on I-77. The physical plant is worth $102 million, according to Mecklenburg County records. But Atrium/Augustalee has more than three times as much land—110 acres— suggesting a much larger development. Indeed, sources are saying the 30-bed hospital on the north end of Augustalee is just a part of a significant mixed-use project with commercial and retail. “But certainly, with 110 acres, and Atrium being the astute property owners and managers they are, I think it would be probable to expect a partnership that would bring mixed-use development that would complement the Atrium project,” Planner Heron said. “I think one would expect complimentary office, retail and service uses,” he added. That said, there have been no formal submissions to the Town of Cornelius by Atrium or any representatives. However, it’s clear the area will open up to new development in a big way— even without Atrium and the hoped-for Exit 27. Under the original NCDOT construction plans, Hwy. 21 from Sam Furr to Westmoreland was scheduled in 2021. The NCDOT’s new Transportation Improvement Program, adjusted out in
96,000 workers in the Charlotte area, which is home to the headquarters of Bank of America as well as the largest employment base for Wells Fargo. In Cornelius, Aquesta Financial continues to hire and expand, including in Charlotte. “We celebrated the opening of our eighth branch located at Rea Farms south of Charlotte last week. This represents six more Aquesta employees. We continue to expand with IT and Operations teammates too,” said Aquesta CEO Jim Engel.
Weak spots, still But some North Carolina counties are worse off now than they were at the beginning of the Great Recession, said William Munn, policy analyst with the Budget & Tax Center, part of the NC Justice Center. “It’s concerning that, as we prepare for more economic and natural shocks to our economy, too few of our communities are ready to weather new storms,” he said. Rockingham and Lumberton have among the state’s worst job growth rates, losing 16.3 percent and 12.1 percent of their jobs. Lumberton, of course, suffered mightily from hurricanes Mat-
Healthy Population Growth 2008 2018 Mooresville 19,000 38,400 Davidson
7,000
Cornelius
14,000 30,000
13,000
Huntersville 26,000 57,000 66,000 138,000 Source: US Census time because of budget shortfalls, has the project getting under way in 2024. The segment of Hwy. 21 from Westmoreland to Catawba has not made it into the TIP, but nearby West Catawba Avenue will be widened to four lanes from Sam Furr to Jetton Road. Atrium officials would not confirm additional development on the site. The town has had no direct contact with Atrium or any representatives regarding the property. Business Today first broke the story about Atrium planning a new hospital in Cornelius on Oct. 21. This, after reporting the Augustalee property was under contract in June with a 150-day due diligence period. One of the concerns is the state’s Certificate of Need process which limits the growth of medical facilities in light of possible redundancy in health-care fa-
thew and Florence. Wells Fargo says consumer spending powered the economy in the second quarter, but it’s slowing down. Wells forecasts consumer spending growing at roughly a 2 percent pace throughout 2020 and 2021. Lawrence Yun, chief economist for the National Association of Realtors, said mortgage rates will remain low next year, around 3.7 percent for 30-year fixed-rate home loans, which bodes well for the critical housing Engel market. According to the NAR, 63 percent of Americans believe now is a good time to buy a home. “Mortgage rates are at historically low levels, so I see no sign of the optimism about home buying fading,” Yun said.
Engel said Aquesta continues to see “outstanding” deposit and loan growth, driven by new residents and the expansion of existing businesses. “We have yet to see any slowdown and remain optimistic about the coming year,” Engel said.
cilities leading to higher costs. Novant went ahead with its Huntersville hospital in spite of a lawsuit from the then-managers of Lake Norman Regional. Novant has dominated the North Meck healthcare scene since the opening of Huntersville some 15 years ago with 50 acute care beds. It now has 139 beds. The Lake Norman area population when the Novant hospital was contemplated was roughly half of what it is today—66,000 then among Mooresville, Davidson, Cornelius and Huntersville. Today the population is approaching 150,000, with two hospitals. Davidson-based Rose & Associates Southeast studied economic development possibilities at Augustalee back when Arizona-based developer Bromont Development proposed a massive mixed-use project just before the Great Recession, and again for Lincoln Harris a few years later. In both instances their findings included a mixed-use development that was dominated by employment and/or institutional uses vs. one dominated by retail and entertainment, given the proximity to Birkdale Village. “The proposed Atrium facilities as the anchor would solidify this concept and strengthen the economic base in healthcare and related services in the Lake Norman region,” said Kathleen Rose, founder and principal of Rose & Associates.
Editor Dave Yochum nebiztoday@gmail.com Sales Director Gail Williams gail.todaypubs@gmail.com Production Director Darren Versace production.todaypubs@gmail.com Contributors Erica Batten, Dave Friedman, Cheryl Kane, Dave Vieser, Cathryn Piccirillo Sherman, To Advertise call Phone 704-895-1335 The entirety of this newspaper is copyrighted by NorthEast Business Today, LLC 2019 with all rights reserved. Reproduction or use without permission of any content is prohibited. Business Today is an Equal Opportunity Employer. Business Today P.O. Box 2062 Cornelius, N.C. 28031 BACK ISSUES Payable by VISA & MASTERCARD. $6 (if available); $4 to mail FAXED ARTICLES - $5 per page PHOTOS - $200 REPRINTS - Reprints on high-quality , framable stock are available, starting at $65. NEWS AND CALENDAR ITEMS Business Today is a local business publication. If you have news items, they may be e-mailed to businesstodaync@gmail.com. Business Today is published on the first Friday of every month. SUBSCRIPTIONS May be purchased for $36. LETTERS TO THE EDITOR Do you have an opinion you’d like to share? We offer a forum for ideas, opinions and dissenting opinions. You can e-mail your thoughts to nebiztoday@gmail.com or mail to Business Today at P.O. Box 2062, Cornelius, N.C. 28031. Your letter, or a longer opinion piece, may be edited for brevity and/or clarity. Please include a phone number.
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September 2019
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$2,899,000 | Waterfront Elevator Pool |Cornelius
$785,000| Davidson Hall| 3800 sq ft| Built in 2016 | Master on Main
Price Reduced $3,795,000| Waterfront | Private Dock Located in Cornelius| 1.48 acres | 9400+ sq ft
$399,000| Commercial Lot | Huntersville 1.25 Acres | Zonesd HWY Commercial
Price Reduced $1,070,000| Waterfront | Cornelius Master on Main | 3 Car Garage
$2,149,000 | Waterfront | 1.38 Acres 7945 sq ft |Private Dock
$2,199,000 | Waterfront | Cornelius Private Dock | Master on Main
$2,549,000| Waterfront| The Peninsula Private Dock| Elevator | Walk out Basement
Price Reduced $1,500,000| Waterfront Lot | 0.92 Acres Cornelius | Just outside The Peninsula | No HOA
Under Contract $299,000| Waterfront Lot 1.8 Acres | Gated Community
Price Reduced $2,249,000| Waterfront | The Peninsula |Master on Main | Brand New Pool | Private Dock
$3,799,000 | The Peninsula | Waterfront Pool & Hot Tub | Huge Views | Private Dock
Lance Carlyle 704-252-0237
Jim Carlyle 704-252-3047
Terry Byars 704-728-9775
Marci Carlyle 704-451-8399
Terry Donahue 321-402-8543
Al Strickland 704-201-7244
Tammy Godwin 704-650-0296
Blaire Cohn 678-591-6621
19520 W Catawba Ave Suite 113 | Cornelius, NC 28031 | 704-895-4676 Office | www.CarlyleProperties.com