Business Today - October 2015

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October 2015 Published monthly Business Intelligence for the Golden Crescent: Lake Norman • Cabarrus • University City

Volume 14, Number 7 $1.50

Business Today’s Top Women Class of 2015

Path to growth

Beatty

New George Liles Parkway extension includes bike lanes Page 6

Bistreich

Brown

Dubois

Cook

Colvin

Cabarrus elections

There are plenty of issues, growth is just one of them Page 7

Production under waY

Alevo produces first batteries, more hiring imminent Page 8

She said, she said

Sherre DeMao, Cheryl Kane have advice for small business owners Pages 10-11

BT People . . . . . . . . . . . . . . . . . . . 4 News-e . . . . . . . . . . . . . . . . . . 12-13 Opinion . . . . . . . . . . . . . . . . . . . . . 30 Book Review . . . . . . . . . . . . . . . 30

By Suzanne Fulton Thirteen successful women from Lake Norman to Cabarrus, from bankers to politicians, have been elected to Business Today’s Top Women Leaders, Class of 2015, by a jury of their new peers: Winners from 10 prior years.

The 11th annual tribute to women in the Golden Crescent recognizes those who have established a successful organization, excelled in their field and devoted considerable

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energy to civic “What I heard “Leading well is roles. over and over not easy. Vision- again from the They deserve recogniary leadership is judges was what tion for their a tough job this extraordinar y seeing what does was, how qualia c c o m p l i s h - not yet exist and fied all of the ments and adnominees were,” being able to get Honeycutt said. ept leadership.

They’re role others to see and This year’s winmodels. ners are self-emwant it, too.”

“The women ployed, owners of nominated — Cheryl Kane small businesses, this year were run nonprofits, ‘off the charts’ on their pas- or are leaders in mid-size corsion, accomplishments and porations and banks as well as leadership skills, which did local and county governments. make for a very difficult judg- Six are founders of their orgaing process,” says Diane Hon- nization or enterprise. eycutt, chairman of the judges They have amazing stories (for a list of judges, see Page See WINNERS Page 14 16).

See NASCAR Page 17

RECORDS Transactions Cabarrus 18 Mecklenburg 20 Mooresville 21 Foreclosures Cabarrus 22

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By Dave Friedman The economics of NASCAR are surprisingly simple, and byand-large have remained intact for a long time. Unlike most other professional sports, for decades there has been no union, drivers work as independent contractors, and if you have the cash and car, you can race against the big boys. However, times are changing, and some observers believe the sport is on the verge of an overhaul.

“In the next 10 years we’re going to see a revolutionary change in how NASCAR does business,” says racing legend Humpy Wheeler.

After running Charlotte Motor Speedway for years, he now is the chairman of Speedway Benefits, an organization that consults with and combines many short tracks to give them bargaining power based on scale.

Wheeler thinks the near future will bring a major change in who owns NASCAR teams, who runs the tracks, where and how far races are run, what race day looks like, the way revenue is split up, and quite possibly, a new NASCAR circuit.

Investor Rob Kaufman has turned Michael Waltrip Race-

DATED NEWS - POSTMASTER PLEASE DELIVER BY 10/2

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NASCAR on track for change

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

NEWS INSIDE

Business Today

2 October 2015

I-77 Mobility Partners say work would occur at night

NCDOT ‘totally incompetent,’ Cornelius Commissioner says

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By Dave Vieser If the I-77 toll lane project actually gets under way, an article in the Charlotte Observer in August 2014 said it would begin this past spring or summer, motorists and truckers will be dealing with three years of work on Lake Norman’s main north-south expressway. The only redeeming factor is that work which will affect travel lanes will occur overnight, according to I-77 Mobility Partners, the private/public consortium doing the work for the NCDOT. Local officials have their doubts.

“There are undoubtedly decent, wellmeaning individual professionals at NCDOT, but as an organization, the DOT has proven itself totally incompetent on nearly every single Cornelius-related project they’ve touched in recent years,” said Town Commissioner Dave Gilroy. “They have zero credibility with the Cornelius board in my opinion.”

Business owners aren’t optimistic either. “What is really disheartening is that we are about to embark on a massive construction project that includes orange barrels and imminent delays that spans over three years,” said John Hettwer, a former chairman of the Lake Norman Chamber of Commerce and CEO of Payroll Plus. “Yet when the current design is all finished, we will still have very limited congestion relief.”

Preparatory work has already begun, according to I-77 Mobility Partners spokeswoman Jean Leier. “Crews working with the general contractor are already in the field identifying utilities, surveying and conducting geotechnical investigations into the soil along the I-77 corridor from Charlotte to Mooresville.”

Leier says that when the construction starts, motorists will first notice crews clearing the land on the median which

divides the north and southbound lanes. Two new lanes in each direction will be added between Exit 19 and Exit 28, with one lane in each direction north of the Catawba Avenue exit. The main reason for the segment with just a single new lane in each direction is the limited space available on the Lake Norman causeway.

Once the land has been cleared, utility relocation will follow, where needed, and then the actual road building will commence.

According to Doug Maxwell of TimeSaver Traffic, which reports delays on local radio stations including WBT, the stretch of I-77 from Exit 36 to Exit 23, where the road is mostly two lanes in each direction, is subject to daily congestion and delays in both directions through about 11 a.m. and again anytime after approximately 3 p.m. That would give construction crews less than four hours to do any daytime work.

Since the alternate routes for I-77, mainly Highway 21 and Highway 115, also become severely congested whenever the interstate has a problem, commuters, travelers and trucker will be left with few options.

Even if the actual construction work is limited to just night-time hours, the presence of cones and barrels next to the open traffic lanes could have a distracting effect on motorists, thereby slowing down the pace of travel. In addition, the DOT, in conjunction with the contractor, may impose a reduced “work zone” speed limit of 55 mph, which usually carries enhanced enforcement and higher fines.

All told, not a rosy outlook for motorists using I-77 if and when the work begins. “In terms of construction-related disruption,” Gilroy said, “all I can say is to expect the worst imaginable scenario.”

Business Today

October 2015

Incoming Chamber chair focuses on member ROI Snapshot: Tim Vaughn

Title: Incoming Chairman Cabarrus Chamber Day job: General manager of Hilbish Ford, Kannapolis Lives in: Kannapolis Family: Wife Gail Vaughn, two grown children Volunteer boards: Kannapolis Education Foundation Board, Cabarrus Arts Council Board, former board member of Habitat Cabarrus County Tim Vaughn, the general manager of trail. Of course, outposts of big national Hilbish Ford in Kannapolis, takes over and international companies are thrivthe volunteer reins of the Cabarrus ing in Cabarrus, thanks to excellent Chamber of Commerce in 2016. infrastructure and proximity to CharA 31-year veteran of the automotive lotte. They’re not the backbone of a trabusiness, Vaugn said he is excited by ditional chamber, however. the challenge of helping to steer the Vaughn says the current roster of 650-member chamber. It’s a big job.

650 members could go up—or down.

When the current chamber chair, “It may grow or it actually may shrink Tammy Whaley, began her term almost some,” Vaughn says. a year ago, there were 760 members.

Born Birmingham, Ala., Vaughn Chief among Vaughn’s goals in the spent his formative years in New Orcoming year is stabilizing membership. leans. He earned a BS in management Part of that is realizing from Tulane Universi“We want to ‘super- ty and completed the “that we cannot be all things to all people.”

Executive Education He also want the serve’ our members. program at the Unichamber to facilitate This then creates a versity of Virginia’s members growing Darden Graduate value proposition School of Business. business to business relationships with othHe also served five that will create er members, as well years as an officer in as make it easy for demand to join and the U.S. Army. members to see the The business of the value of the chamber be active members.” chamber is different membership to their now compared to a —Tim Vaughn few years ago, and it business, such as the Leadership Cabarrus continues to change.

Program.

“A few years ago we were trying to Vaughn will work closely with cham- move back into the growth mode from ber CEO Patrick Coughlin, works with the survival mode. Now we are showlocal economic development organiza- ing members what a great return on tions, the N.C. Department of Com- investment the Chamber is through merce and various site consultants to B2B and networking opportunities,” help recruit new capital investment and Vaughn says. jobs.

He says there are opportunities, too, The chamber business has morphed for growth. Existing business shifting and changed over the years the wake of back into the growth mode and are the departure of county mainstays like more ready to open their purse strings.

First Charter, Philip Morris and Pillow“Cabarrus is growing and it is imtex. Before the recession, the chamber portant to connect with new business roster was upwards of 1,000 members. enterprises coming to the area and imWith Alevo coming online, hopes are merse them immediately in all of the that Cabarrus’ small- and mid-size busi- benefits come with Chamber memberness community is on the comeback ship,” Vaughn says.

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Business Today

4 October 2015

Two new ‘stagers’

Raquel “Kelly” George and Lisa McCoy have joined the staging team at Centerpiece Home Staging in Cornelius. George has 20 years of experience in residential design. McCoy recently completed the Interior Design Diploma course at The Interior Design Institute.

She also did a set design internship at “Saturday Night Live.”

Carpenter lands tourism leadership award Donna Carpenter, CEO of the Cabarrus County Convention and Visitors Bureau, has received the Southeast Tourism Society Beacon Award. Under Carpenter’s leadership since 2009, the Cabarrus County CVB has achieved accreditation from Destination Marketing Association International, moved the Visitor Center to a new location and implemented the “Destination 2020” vision plan, a roadmap to enhancing connectivity, safety and visitor experience. The Beacon Award recognizes an individual who best exemplifies outstanding leadership in the pursuit of excellence and who has advanced the tourism industry.

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Two well-known people—a Lake Norman entrepreneur and a long-time area banker—have joined Charlotte-based NewDominion Bank in its Mooresville office. Tony DeMauro, the founder of Queen City Boat Club, and Richard Pappas, a longtime commercial banker with Regions Bank, are new as commercial lenders with NewDominion.

DeMauro spent the past four years at Bank of America as a vice president and small business banker. Prior to that, he founded and owned Queen City Boat Club, before selling it to Carefree Boat Club of Lake Norman in 2011. He is a graduate of the University of West Georgia.

Pappas comes to NewDominion from Regions Bank where he served as Lake Norman area executive for eight years.

Before that, he spent 11 years with SouthTrust/Wachovia. He is a graduate of East Carolina University.

“Tony and Richard’s networks and community involvement will be instrumental in growing our commercial relationships in the Lake Norman market,” said Don Snipes, director of commercial banking. “This is a key geographic area for NewDominion, particularly the smallto mid- size businesses they will be focused on.”

The bank has operated under a cease and desist order issued by the FDIC in 2010.

Notes Aquesta recognized as ‘Top Workplace’

Aquesta Bank and Aquesta Insurances Services have been awarded a 2015 Top Workplaces honor by The Charlotte Observer. The award, based on an employee survey administered by WorkplaceDynamics, recognizes a variety of components of workplace satisfaction.

“People assume it’s all about fancy perks and benefits.” says Doug Claffey, CEO of WorkplaceDynamics. “But to be a Top Workplace, organizations must meet our strict standards for organizational health. And who better to ask about work life than the people who live the culture every day—the employees.”

He said employees of top-performing organizations have a strong belief in where the organization is headed, how it’s going to get there, and the feeling that everyone is in it together.

Jim Engel, CEO of Aquesta, said its employees “are the key factors” to differentiating the financial institution from its competitors. “Only by having actively engaged, energized and motivated team members can a financial services company capture market share and provide returns to shareholders as well as benefits to team members,” Engel said.

Michelle du Bois joins Uwharrie Michelle du Bois is the new vice president of the sales and builder division at Uwharrie Bank Mortgage. She will work with Realtors and area builders.

Du bois She has more than 30 years of real estate and mortgage sales experience. Before joining Uwharrie Bank Mortgage, she was a loan originator at Myers Park Mortgage in Charlotte.

Business Today

6 October 2015

Cabarrus County

New section of George Liles Pkwy. boosts cycling, smart development

Brian Parks rides his bike along the multi-use path next the newly opened section of George Liles Pkwy. in Concord. Parks is headed toward Weddington Road from Hwy. 29.

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By Marty Price The North Carolina Department of Transportation opened the newest section of the George Liles Parkway, named for Dr. George Liles—a former mayor of Kannapolis—on Sept. 15. The section, stretching from Weddington Road to Highway 29 in Concord, has opened up a direct access to Interstate 85 from the area surrounding the Alevo plant, while providing a multi-use path for cyclists and pedestrians.

Currently the only business under construction along the new, four-lane, divided highway is the Publix being built at the corner of Weddington and George Liles Parkway, but the area has great commercial growth and job creation potential.

Harris Morrison, founder of Harris Morrison Co. in Concord, said, “There are very few places in the Greater Charlotte metropolitan area that have such an immense amount of land along a major roadway that connects with I-85.”

Morrison said that the major property owners are trying to work together to create a development plan which would be good for the entire area. He hopes the path for bicyclists and pedestrians continues in the next phase, which will connect the parkway to Roberta Road, finishing this extension which began in September of 2013.

“That (the bike path) is the way new development is trending these days,” said Morrison. “Everyone is considering alternate modes of transportation,

health and wellness. This is just a great attribute to this new roadway,” he said.

“This is really an opportunity for Concord and Cabarrus County to create an amazing community.”

“It would be terrific to see that bike path connect to a green space and eventually to Frank Liske Park,” said Morrison.

When the next section of the extension is finished, Morrison thinks the community needs to start lobbying for Stough Road to be widened so that the parkway can be finished, “Connecting Highway 49 in the south to Highway 3 in the north (in Kannapolis), completing the West Cabarrus Bypass,” he said.

Brian Parks was riding his bike up and down the path next to the parkway on Sept. 17. A resident of Sheffield Manor, the subdivision on Weddington Road that borders the newly opened section, he said he has been riding about every day since the DOT paved the path.

Tom McMahon, president and managing director of Sperry Van Ness Commercial Property Advisors, said, “Because of the booming residential demand, this opening will allow a lot more commercial growth along the main corridor.”

He also said that there may be more high density residential along with the commercial opportunities like offices and retail. “I think that land will have continued on page 8

Business Today

October 2015

Cabarrus County

Dealing with growth means making the tough decisions

Vote for

SAM LEDER Concord City Council District 1

CPA & Local Business Owner

District 1 1 Seat - 4 Year Term

City Council - Concord District 2 District 6 1 Seat - 4 Year Term

Sam Leder

Brian King

Barbara Strang

Laura Blackwell

Tom Small

Earle Schecter

1 Seat - 4 Year Term

Jennifer Parsley

District 7 1 Seat - 4 Year Term

John Sweat Jr

City Council - Kannapolis 3 Seats - 4 Year Term

Ryan Dayvault

Randy Keller

Amos Mcclorey Sr

Roger Haas

Tom Kincaid

Violet Mitchell

By Dave Yochum Growth and how to manage it are two of the biggest issues in this fall’s elections in both Concord and Kannapolis, the largest cities in Cabarrus County.

In Concord, a new Walmart in a sensitive area is under consideration. In Kannapolis, city government has done nothing less than buy downtown from a billionaire. Widening I-85 will affect residents and businesses alike.

Growth is better than the alternative.

“This is a problem we are lucky to have,” says Cabarrus County Commissioner Diane Honeycutt. “We have run into others parts of the country where they are talking about which school to close…or losing their hospital. Growth causes challenges.”

In Concord, eight people are running for a total of four seats on City Council.

Two of them, John Sweat Jr. in District 7, and Jennifer Parsley, District 6, are running unopposed. There are three-way races in Districts 1 and 2.

Managing the growth comes through loud and clear in a city that ranks head and shoulders above much of the rest of the nation in terms of population growth.

Mayor Scott Padgett says it takes teamwork on City Council to bring out the best of Concord, “while simultaneously dealing with growth and pursuing good-paying jobs to sustain economy and quality of life.”

Likewise, incumbent Jennifer Parsley says “everything is about to happen,” with more pressure on infrastructure and schools. “We have to figure out how to direct the growth, not limit it,” she says.

First-time candidate Sam Leder, a former chairman of the Cabarrus Chamber, said he wants to use his “skill sets as a local business owner and CPA to help manage the growth that is occurring while keeping the small-town feel that gives Concord its own unique identity.”

Barbara Strang, another first-time See GROWTH Page 12

Accountable.

Proven.

Leader.

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Business Today

8 October 2015

Alevo produces first batteries, with only 130 workers on site Next step is ‘hiring a couple hundred more people’

By Marty Price Less than one year after taking possession of the former Philip Morris complex in Cabarrus County, Alevo is poised to add hundreds to the work force at its Victory Industrial Park. Located on Highway 29 in Concord, the 2,100 acre site has been abuzz with activity since the materials to build the first assembly line arrived this spring.

In a phone interview from his office in Florida, Scott Schotter, chief marketing officer and sustainability officer for Alevo, said, “We are very excited about our progress right now, we have successfully made batteries,” the first step in bringing the first line into production at the cutting edge technology battery plant.

The lithium ion batteries produced there will be using an inorganic electrolyte developed at their headquarters in Switzerland and assembled on a line different from most of their competitors. Schotter said theirs is the only inorganic lithium ion battery—which is non-flammable and non-combustible— and the first utility grade battery for this

GEORGE LILES

application.

The final product, a GridBank, is a large capacity energy storage system for the electric grid. Just one contains approximately 14,000 of the batteries and the assembly line to produce them is almost ready. “We are in the process of getting the kinks out of the system.

We’re very close, we are on the verge of production, “ said Schotter.

He didn’t want to give an exact date for the start of production because of the uniqueness of the product and the way it is being assembled. “We’re creating history here. We will be in production soon, but it will be ready when it is ready,” he said.

Currently the 130 workers on site are preparing the first line for production.

“In the next quarter, when that line is ready for production, we will be hiring a couple of hundred people,” he said. “We are pleased with the quality of response and we will hire as we build out our production lines.”

Extended coverage online at

www.businesstodaync.com

from page 6

too much value along that main thoroughfare to put in industrial,” said McMahon.

“I do think this area has a lot of value and a lot to offer. It may take a period of time, but I do think that area is becoming a hot market,” he said.

Morrison anticipates commercial and industrial construction to mix with some residential along the entire parkway corridor. “I anticipate growth moving southward and northward. It’s an exciting time to be here in Cabarrus County,” he said.

The $37.4 million extension to Rober-

ta Road is projected to be completed in February of 2018, but the DOT decided to open the completed portion to benefit the surrounding community. Currently motorists can only exit south on Hwy. 29, just north of the intersection with Roberta Church Road.

Motorists can only access the new section heading towards Weddington Road from Highway 29 south, just south of the Alevo plant. The multi-use path starts in front of the Publix construction area on Weddington Road and ends at Christy’s Nursery on Highway 29.

Business Today

October 2015

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Business Today

10 October 2015

Small Business Toolbox 10 steps to build a ‘powerhouse’ sales team Locating, hiring and retaining top talent is important. Developing the best talent into a high functioning team is even more important—and more difficult. We measure the return on investment on most of our resources such as a new capital expenditure.

But too often the return on investment in our people—collectively— is not attempted because it’s too challenging to do. And it is this powerhouse step that creates a sustainable competitive advantage in the ver y best companies.

Traditionally the individual success of the sales professionals’ performance and their department is measured. But if you can see the “whole sales team” in a strategically bigger picture, you can develop a tactical plan that will help the “whole team” see themselves

as a team, and you—and they—can to identify how they each impact harness the powerful force of high- sales, and each must have some functioning sales processes. Team performance measurements which performance-based measurement they can see tie to the company’s is the beginning and the end point sales success. of this process.

Hire for expertise Changing the way at ever y role on the in which you manteam. You can train age sales is the key hard skills but you which will also open can’t cost-effectiveup the culture to crely train for the soft ate stronger company skills of drive, confunctions overall. scientiousness, or Define the “Sales openness to other Team” with a wide people or new ideas net. Create a map of after hiring. Include anyone who directly criteria in the selecor indirectly supports tion, orientation, and the customer—and performance evaluyour direct sales proation processes that fessionals (ever yone). support teamwork.

Each must know who Seldom is tolerating CHERYL KANE the others are, be able stand-alone expertise at the expense of creating dysfunctional team behaviors.

Customize cross-training of all team members in best team practicSM es. In addition to role-specific training make sure internal department process requirements don’t create barriers for fluid teamwork across department lines.

Share the knowledge of customers across the team. Efficient, accessible software, and clear expectations that all members input timely updates to customer records is critical.

Showcase important “wins” in a Auto. Home. Life. Retirement. They all matter, so wrap them all in a timely manner so all can identify blanket of Nationwide® protection. We put members first, because we don’t have shareholders.SM their role in it. And if a mistake can be learned from, share it openly, Join the Nation® that knows what’s important. Combine your too. policies and save up to 25% Be timely in communicating information from manager to the team. Sales managers must see the “whole sales team” as their communication network, not just the sales department. Regular updates are helpful; critical customer news is Don Carney Ron Parks, LUTCF paramount.

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Many sales managers who come from the sales ranks in a closed department mentality are apt to overlook the value in hearing what the team member from operations or accounts receivable has to say about how your company could improve ser vice quality or a customer’s situation.

Create easy-to-access, open-forum communication between all sales team members in the wide-net view. By prioritizing communication mediums to be used for particular kinds of messages, urgent vs. ordinar y information flow can be appropriately balanced in sync by all.

Host all-member sales team meetings to improve familiarity, identification and appreciation for individual expertise, personalities, and the strong results of collaborative team processes. Relationship building takes time and interaction to build strong foundations under. The price of these events pays dividends for a long time.

Update the team in team metrics, so ever yone can see the whole picture they helped produce. Ever y sales professional regularly focuses on their numbers; internal nondirect sales departments do the same-but they both do so in their own types of measurements. Make sure the “whole sales team” can see what they as a whole accomplished.

It allows them to have collaborative conversations about the individual roles they played and opportunities they have for improvement, together.

Creating a wider sales culture across the company can create a sustainable competitive advantage—and the “whole sales team” wins.

Cheryl Kane, MBA, is a business consultant, sales trainer, and professional speaker specializing in service quality.

If you seek assistance in growing your business, need a business speaker, or have a question you would like to see answered in this column, Cheryl can be reached at (704) 795-5058 or through her web site, www.cherylkane.net.

Business Today

October 2015

Small Business Toolbox

CUSTOM APPAREL DESIGN EMBROIDERY SCREEN PRINTING

Are you in a cash flow crunch?

Part II of II

company bears the risk of collecting the payment from the customer.

In last month’s column, I shared Factoring qualifiers can be a small some common missteps businesses as $25,000; however many factoring make that may be the reason behind companies are looking for deals that poor cash flow, in spite of having are $500,000 or greater.

Purchase Order Fiplentiful sales. The real nancing: Earning a large question is, what can be purchase order can be exdone when you still have citing and daunting if you employees and vendors are stuck with the chalto pay, orders to fill, and lenge of needing cash your sanity to maintain? flow to fulfill the order.

Many business owners Purchase order financing become further frustratis short-term financing ed by a polite, but disapthat allows companies to pointing, “No” from their purchase or manufacture bank when seeking a goods that have been loan. Even though it may presold to their creditfeel as though you have worthy customers. Denowhere to turn, you do pendent on the financing have options.

SHERRE DeMAO institution, the purchase When a line of credit or order overall value can traditional term bank loan is not possible, consider the pros and be from $25,000, however, most financing institutions are looking for cons of these lesser known options.

Asset-Based Line of Credit: If an average value of $500,000 and up.

Merchant Cash Advances: If you you are suffering from working capihave a high use of credit cards as a tal deficiencies and have a healthy acway customers pay, a merchant cash counts receivable balance along with advance may be an option. Based on inventor y, an asset-based line of credcredit card receipts over a period of it could be an ideal solution. Using 80-85% of your accounts receivable 4 – 6 months, you are advanced a value in combination with the lesser specified amount against future proof 60% book value or 80-85% orderly jected receipts. Typically, no collatliquidation value of your inventor y eral is required and less than stellar to calculate your borrowing base, a credit doesn’t hurt your chances of line of credit is established for you to using this as an option. However, be access as necessar y. Like any other prepared to pay a steep interest rate line of credit, there is no set amorti- along with the requirement to have zation and you use it when you need daily ACH withdrawals from your it. Typically this is set up as a 3-year bank account over a 6-12 month peLOC with a LIBO-based rate of any- riod of time to pay it back.

Contract/Project Financing: where from 2% up to 6%. Another valContract financing provides workue-added is as your inventor y and/or ing capital to fund the day-to-day opreceivables grow, the base borrowing erations until payments on a contract amount will also grow.

Receivables Factoring: Instead of kick in. It aids a business that needs waiting 30, 60 or even 90 days to re- an advance on their contracted work ceive payment from a customer, with before a ser vice is completed. Typireceivables factoring, you are selling cally, the contract is for a cheaper your outstanding invoices and receiv- or unique technology, needs to be a ing cash immediately. You can pick minimum of two years, $1 million or and choose which receivables are more in value, and is secured by your factored and use it when you need business’ equipment or facility as colit. Also it won’t show as debt on your lateral. Your contract also needs to be balance sheet and typically they are with a well-known, established creditnon-recourse, meaning the factoring worthy entity of a Triple B grade rat-

BizGrowth 5.0

11

*Corporate

ing or above.

Knowing all your available options for managing your cash flow when you are feeling the crunch will enable you to stay focused on growing your business and overseeing business activity to ensure more billing and sales happen.

A special thank you to Al Regdos, CPA, and Principal at Alpine Capital and Alpine Advisor y Ser vices for inspiring this column and providing insights to these options.

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Sherré DeMao is the author of nationally acclaimed books and is founder of SLD Unlimited Biz Growth Inc., a fullservice operational strategy firm based in Denver, NC. Her column seeks to help business owners build and grow sustainable enterprises with economic value and preference in the marketplace.

DeMao can be reached at 704.483.2941 or sherre@sldunlimited.com.

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12 October 2015

Johnson and Hartsell to discuss the NC budget Sept.

21.

Cabarrus Jobs Now is hosting a luncheon Friday Oct. 16 with NC Rep. Linda Johnson and NC Sen. Fletcher Hartsell. They will discuss the North Carolina JOHNSON budget, including issues surrounding the Sales Tax Redistribution effort, which could cost Cabarrus County $2 million to $8 million.

Attendees will have an opportuHartsell nity to voice their concerns regarding these and other issues. Cost for admission is $20 and seats are limited.

The event will take place from noon to 1:30 p.m. Cabarrus Jobs Now is a coalition of businesses and citizens dedicated to fostering economic development and job creation in Cabarrus County.

GROWTH

NEWS - e

MWR calls it quits after Homestead Race Nov. 23; employees will get 8 weeks pay

Sept. 3. By Dave Yochum. It looks like employees at Michael Waltrip Raceworld will get eight weeks in severance pay as investor Rob Kaufman parts ways with what has been a mainstay of the Cornelius economy for a decade.

The company, which is basically fulfilling all its contractual obligations through the end of the year, will begin shutting down in earnest after the Nov. 23 NASCAR race in Homestead, Fla. It has some 220 employees at an impressive operation, valued at $17.8 million by Mecklenburg County, on Liverpool in Cornelius. A tourist attrac-

tion as well—visitor numbers are said to be up because it is closing—MWR is across Liverpool from Mac’s Speed Shop, a racing-focused barbecue-style restaurant. The lights at MWR go dark at Thanksgiving except for employees parting out supplies, equipment and trailers. The trucks were sponsored

by Freightliner. Town and economic development officials, as well as people from other race teams, have already walked the property.

Kaufman, who was once listed among the world’s billionaires by Forbe’s magazine, is taking his investment dollars to Chip Ganassi Racing. The Concord-

And then there’s the carousel. The city is paying $228,000 for a used Italian merry-go-round for Village Park. Total cost of the project is $600,000.

But this, too, is all about growth and development. While there are plenty of ways to approach growth, do you accommodate it up front? Or work on improving substandard areas that growth has left behind? Can city fathers and city mothers afford to do both?

Army veteran Dennis Johnson was set on running for City Council, and even paid a $30 filing fee, but he says he’s not running any more because of government spending. Too much growth and debt, at least for him, mean it’s time to “head north” in the state of North Carolina. He’s not going to move

within Cabarrus, he says, because of the growth.

“Personally I think it sucks,” says Johnson, who ran unsuccessfully for mayor two years ago. “The quaintness of these towns is gonna disappear.”

Facing growth head-on, of course, takes grit. First-time candidate Violet Mitchell, says she “downright just got mad,” and decided to run for city council.

“What frustrates me is the whole emphasis is on downtown,” she says, explaining that there are neighborhoods like Fisher Town off Mooresville Road that need water and sewer from the city, or Little Texas Road, which needs sidewalks.

Growth will likely be off the charts for

Business Today

based enterprise has rights of first refusal on MWR’s equipment.

An interesting issue has to do with costly servers and databases at MWR. They will be shut down, lest proprietary information relating to the Toyotas at MWR be shared with Ganassi, which fields Chevrolets and Hondas in a wider variety of series.

At Ganassi, Kaufman will have more kinds of races to dabble in, including Indy cars Grand Am and Global RallyCross. While he made his fortune in high finance, the investor is playing a key role in reshaping the business side of NASCAR teams. He is chairman of the Race Team Alliance, a partnership of 18 Cup teams that is looking at, among other things, different financial structures to improve profitability in the sport.

He invested on the order of $50 million in MWR. Ganassi is known as a lean operation in a sport where teams are at the mercy of sponsor contracts. Waltrip himself is known as a sterling talent around sponsor relations, not so much as an operator. A key Kaufman hand, Larry Johns, was the executive vice president and chief financial officer of MWR. David Jewell, one of the owners of the Mac’s Speed Shop restaurant chain, declined to comment on the impact MWR’s closing would have on the Cornelius location.

from page 7

candidate, wants the community to be heard, and she says she can do that.

Honeycutt says growth is happening county-wide, from Kannapolis to Midland.

“With what Kannapolis is doing, as it takes shape, we’ll see more growth. It will become more attractive to developers and potential residents,” says Honeycutt, a top Realtor in Cabarrus.

What Kannapolis is doing is proactively managing its destiny—long in the hands of billionaire David Murdock and before him the Cannons—by purchasing around eight downtown blocks for $5.5 million, as well as a couple of additional commercial properties.

The new City Hall, including furniture, will cost nearly $33 million.

years to come. Honeycutt says countywide “summits” bring elected officials and government managers together. The cooperation—the teamwork Padgett talked about—is a good thing.

She asked this: “How do we plan for this and be as proactive as we can?”

Candidates everywhere aim to serve constituents. The best focus on the next generation.

“I also want to be involved as a City Council member with the key decisions that will be made over the next several years to make certain Concord will be a city that has the quality of life, good jobs, and affordable tax rate to attract today’s children to come raise their family in this community,” Leder says.

Business Today

October 2015

13

NEWS - e Continued from page 12

Part of a national trend, Harrisburg is buffing its brand

Sept. 25. The new welcome sign greeting residents and visitors as they travel nor th into Harrisburg on University City Boulevard is the first step in a multi-year plan to boost the town’s identity and create more cohesive and attractive signage and public spaces throughout Harrisburg.

The new gateway is par t of a broader plan to enhance community spaces, signage and the Harrisburg brand.

Specialized “place branding” is being used all over the countr y to help tell a community’s stor y, most often in the world of economic development and corporate recruiting.

While brands are developed over time by actual behaviors, a serious marketing ef for t goes a a long way in the competition for new jobs.

The new Harrisburg welcome sign, scheduled to be completed early next month, is the first of three similar structures to be installed on Hwy. 49 entering Harrisburg from the nor th and south, and at Rocky River Rd. and I-485. A wayfinding sign study is under way as well. Wayfinding signs identify major points of interest. They would match the welcome signs. At the same time, the town is also working with NCDOT to put the town’s logo on town limit signs.

“We want to make sure the Harrisburg brand – our new logo and tagline “The Right Side of Opportunity” – becomes a visible par t of our community,” says Mayor Steve Sciascia.

“Our goal is to build a town iden-

tity that is synonymous with the strong sense of neighborhood and family living that is the foundation of Harrisburg’s brand. Building our brand into our infrastructure, programs, events and policies will help us achieve that goal.”

Plans include replacing aging message boards in town parks with branded boards, incorporating the town logo on new park recycling containers and creating more inviting public spaces in Town Center.

“As our residents and visitors come to recognize our brand, they’ll know that it’s an indication of high quality and value that is upheld by the town. We want our brand to mean something and become a source of pride for our community,” the mayor said.

The University City Blvd. sign is par tially funded by a contribution from Caldwell Crossing developer Aston Proper ties. Welcome signs were designed by Bizzell Designs and constructed by Casco Signs.

Southwire culture hard-wired around sustainability and giving back Sept. 16. Georgia-based Southwire Co., the new owner of the $90-million ABB cable plant in Huntersville, could bring on two dozen additional employees during the next couple of years.

The three-year-old plant, known for its 450 tower on the south side of downtown Huntersville, was purchased by Southwire in July.

The privately held company is known for giving back to the community. Despite its size—$5.4 billion in revenue last year—Southwire emphasizes the human side of commerce.

It was founded by legendary businessman Roy Richards 65 years ago.

He was a pioneer in the electrification of the rural South. At the same time he focused his attention on the continuous casting of copper rod, he focused management’s attention on people. A news story about his death in 1985 appeared in The New York Times.

At Southwire, “our products deliver power. So do our people,” said Charlie Murrah, president of Southwire’s energy division. “We will sustain our

company in a fiercely competitive industry by believing in and supporting our employes, who, in turn, will ensure our performance exceeds that of our competitors.”

Southwire and its employees do so by building worth, “growing green,” living well, giving back and doing right. According to the company: • “Our neighbors depend on us, just as we depend on them. We will strive to improve the quality of life in the communities in which we work.”

• “This goes beyond providing jobs and paying taxes. It also means giving to those in need.”

• “We will foster a culture guided by ehtical values. We will not forget to live up to those values….When we make mistakes, we will be transparent and responsive to our critics.”

Southwire closed the deal to buy the 240,000-square-foot plant from ABB in July. Southwire is one of the largest electrical wire manufacturers in the world.

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Business Today

14 October 2015

WINNERS

from page 1

to tell. Asked if they could call a doover on some aspect of their lives, most said they wouldn’t.

Some of our Top Women in Business finalists, Sheri Bistreich being one, grew their company amongst men.

“I learned very quickly how maledominated the industry was and how difficult it was to fight uphill battles in such a homogenous professional landscape,” she says.

Maybe because women face so many hurdles, they achieve so much. But it goes deeper than that.

“Neuroscientists say that men and women are wired differently,” says winner Colleen Lloyd-Roberts. “Women come hard wired for nurturing. Coupled with our analytic and strong reasoning abilities, this gives us the great proficiency to be exceptional leaders. I also think that leadership is not a title that’s bestowed upon you, but a way of life. It’s a decision to have passion in what you do and to care genuinely about people and inspire and encourage every chance you get. It’s every day replacing Average with Awesome and putting the Extra in Ordinary.”

Jan Beatty Senior Vice President, Wells Fargo Bank, Concord

Community/Civic Ser vice - Rotary International-Paul Harris Fellow, Cabarrus Regional Chamber of Commerce Board, as well as boards of community organizations focusing on education and special needs If I had it to do over again, I would - not change very much… I have learned that everything happens for a reason, the good, the bad, and the ugly. The mistakes and regrets have a way of making you stronger. The successes and triumphs reemphasize that hard work, being persistent, and not giving up on yourself or your dreams really do pay off.

Sheri Bistreich Owner, Sheri Bistreich and Associates, Statesville

Community/Civic Ser vice - Greater Statesville Chamber of Commerce, Theatre!

Statesville boards

If I had it to do over again, I would - When I started as a financial advisor in 1985, I learned very quickly how male-dominated the industry was and how difficult it was to fight uphill battles in such a homogenous professional landscape. If I had to do it over again, I would have realized how essential it is to have strong female role models and a network of professional women to support and encourage one another much sooner. Throughout my career, most of the support I’ve been lucky to receive has been from my brilliant female advisor colleagues.

Angie Brown General Manager, Great Wolf Lodge, Concord

Community/Civic Ser vice - Cabarrus County, Convention & Visitors Bureau and Cabarrus Arts Council boards, 2015 Ambassador for the Red Cross All American Gala, Big Brothers Big Sisters volunteer, Team Captain for Ronald McDonald House-Charlotte event, organizer of “Day of Fun” for families of Fort Bragg Survivor Outreach Services If I had it to do over again, I would - not change anything. There have been some sacrifices with all of the work and the moves but it was worth it and part of my journey for me to end up in this community that I adore.

Julianne Colvin Owner, Crawford & Colvin Family and Cosmetic Dentistry, Huntersville

Creating a medical home for uninsured families and individuals in the communities that we serve Lake Norman Community Health Clinic would like to congratulate

April Cook Executive Director, for being a Top Women in Business 2015 Winner

Community/Civic Ser vice - Free dental care to the less fortunate. Visits schools to educate children on nutrition and dental hygiene, church pianist If I had to do it over again, I would - smile through the challenges and disappointments, as I have come to realize that my life is in greater Hands than my own. I’ve grown as a listener, more aware of God’s presence, direction, and hand in my life. I am humbled each day, realizing that disappointments and failures are His way of reminding me that I cannot do it all on my own.

April Cook Co-founder and Executive Director, Lake Norman Community Health Clinic, Huntersville

Community/Civic Ser vice – Unpaid executive director at LN Community Health Clinic for 13 years, NC Association of Free Clinics board officer, Med Assist, MedLink, Lake Norman Rotary, medical mission team to Guatemala and Haiti, PTA leader If I had to do it over again, I would - not change a thing. The past five years have taken me on a journey that showed me every triumph and every mistake taught valuable lessons.

Pamela DuBois

Senior Deputy County Manager, Cabarrus County, Concord

Community/Civic Ser vice – Board of Directors of Hospice and YMCA. Chamber of Commerce, Partnership for Children, Senior Games, Special Olympics, church and Helping Hands volunteer If I had it to do over again, I would – not change a thing. I am the person I am today because of all the experiences that I have lived through.

Margi Kyle Owner, Interior Designer, Designing Doctor, Cornelius

Community/Civic Ser vice – Founder of Little Smiles, NC; Interior Design Society president, Women in the Home Furnishing Industry Today president, North Meck Chamber of Commerce ambassador, Window Coverings Association of America vice president, El Centro (Texas) and The Art Institute of Charlotte advisory committees, church advisory board and building committee.

If I had it to do over again, I would – not change one thing. Life is a gift and we are here to live out our gifts. I have loved the journey and have learned one thing – do what you love and the money will follow. I also know that when I became founder of Little Smiles in NC, it changed my life. continued on Page 15

Business Today

Continued from page 14

Colleen Lloyd-Roberts Co-founder and VP Marketing and Sales, Brandgarden Mobile Solutions Founder, Top Notch Nail Files, Mooresville

Community/Civic Ser vice – Lake Norman Chamber, LKN small Business Group, Vigilante Truth, Give Back Boutique.

If I had it to do over again, I would –have read Think and Grow Rich in my teens. I would tell myself to not only dream big but set goals and write action steps. …I would have signed up for Toastmasters and harnessed the power of public speaking at a younger age.

I would have thanked God triple the amount … for the parents and family I was blessed with.

Lauren Moore-Fischer Director of Nursing, Inspiration for Aspirations, Mooresville

Community/Civic Ser vice – Established Mooresville Towns Keepers Program, Vice-Chair Mayor’s Council for Individuals with Disabilities, Little Smiles treasurer, Beautification Committee board, Promise Mooresville, Point In Time Mooresville If I had it to do over again, I would – Every day I see a billion ways I am truly blessed by and thankful for the people around me who have fought for me, and I constantly make it a point to reevaluate how I can join the fight to best represent those who are unable to fight for themselves. …I am proud of the impact I have been able to make on so many lives.

Jennifer H. Parsley Chief Executive Officer, AIM Tours; City of Concord Councilmember – District 6

Community/Civic Ser vice - NC League of Municipalities, chairman Cabarrus County Tourism Authority; boards of United Way, Academic Learning Center and Laurel Park Homeowners Association. Member, Rotary Club and Cooperative Christian Ministry.

If I had it to do over again, I would - To change actual things and events is not something I would do. I believe these paths and events have truly shaped who I am today. One

October 2015

choice, even the wrong choices, gave way to the next one and the next one.

Experience is a great teacher–if you listen. If I had it to do over again, I would take a deep breath, sit, and enjoy the moment. They pass so quickly.

Michelle Riley Vice President, Aquesta Bank, Concord

Community/Civic Ser vice - Cabarrus County Chamber, chairman for the Women’s Conference.

Boy’s and Girl’s Club of Cabarrus County board. Concord Rotary, United Way annual campaign. President of The Cabarrus Business Network; former chair Big Brothers/Big Sisters. Children’s Ministry at church If I had it to do over again, I would - If I had a mentor early in my career, I feel they would have coached me and helped me realize that the way to lead and manage a team is not with an iron fist but by learning what motivates each individual and coaching the individuals to those triggers to work together as a team.

Susan Tillis Community leader, former sales manager, Allen Tate, Cornelius

Community/Civic Ser vice - Girl Scout leader, Sunday school teacher, PTA board, United Way Board, softball/baseball team Mother; Big Brothers/Big Sisters, Lake Norman Hospice, The Peninsula Community Foundation, Industry of the Blind board, NC Heroes Fund, co-chair USO annual Salute to Freedom Gala. Hosted first annual Baby Bundle Shower to benefit Ft. Bragg’s new mothers.

If I had to do it over again, I would - not change a thing. I don’t believe in looking back but always looking forward. It has not always been easy, but it is through those life lessons that you learn what is most important and how one individual can make a difference.

In my early married life, I had two children under two, a husband who traveled five days a week who also attended college part time. We sometimes struggled to make ends meet but we persevered and did what we had to do.

I have had success in my professional career but it is through my volunteer continued on Page 16

Congratulations to our very own

Angie Brown on being one of 2015’s

Top Women in Business

15

Business Today

16 October 2015

WINNERS

continued from page 15

Continued from page 15

efforts that I have gotten the most joy.

Sandi Vizner Owner and Financial Advisor, Lapis Financial Strategies, Huntersville

Community/Civic Ser vice – president North Mecklenburg Rotary club 2012-13.

Two-time Rotarian of the Year. Lake Norman Chamber, Lake Norman Executive Women, officer of LakeNet. If I had it to do over again, I would - not change a thing. If I had not listened to my inner voice and

found the confidence in myself to leave the security of a corporate job and start my own business, I would have missed out on three of the most important aspects of my life. First, I met the love of my life during my going away party and later that year we married. Secondly, five years into running my business I had the opportunity to bring my mother in as a partner and utilize her insurance expertise. …Without having the guts to start my own business, I don’t know that we would have had that time to get to know one another on such an intimate level. Finally, not many people can say they truly love what they do, but I can!

I just celebrated 20 years in business.

Top Women Judges for 2015 Diane Honeycutt, Cheri Thebeau, Cheryl Kane, Dakeita Vanderburg Johnson, Georgia Krueger, Cathy Bentz, Noelle Rhodes-Scott, Pat Horton, Phyllis Wingate, Robin Smith Salzman, Tonya Blackmon, Tricia Sisson

Would like to congratulate

Pam Dubois on being a Top Women winner for 2015

10 years of Top Women Class of 2014 Ruth Brooks - Multi-Cultural Community Student Union Holly Emerson - Ingersoll Rand Denise Hallett - Vulcan Materials Company Carla Howell - RowanCabarrus Community College Donna H. Johnson - Cabarrus County Georgia Krueger - Ada Jenkins Center Lisa Perry - Perry Productions Dianne Snyder - Cabarrus College of Health Sciences Phyllis A. Wingate - Carolinas Medical Center

Class of 2013 Deborah Young - Deborah Young Studio, Cornelius Lisa Qualls - Cunningham Mortgage Bankers Wendy Moran - Peoples Bank, Denver Hilary Broadway - Allen Tate Realtor, Lake Norman Lori Clay - Premium Power Systems Diane Young - Concord Downtown Development Corp.

Tamala DeVon Bullard Newell Rubbermaid Julie Brown Haugen Aquesta Bank Tammy Whaley - Duke Energy, Concord Tracie Brunt - S&D Coffee, Concord Tanya S. Blackmon - Presbyterian Hospital Huntersville

Class of 2012 Raegan Brogdon Owner, Solace Salon and Spa Erika Erlenbach, The McIntosh Law Firm Karen Bentley, Meck County Commission Tricia Sisson, Co-owner, Range at Lake Norman Angela Swett, Owner, Image Promotions Kristel Swayze, Owner, KS Image Solutions Cheri Thebeau, Thebeau and Associates Jennifer Stoops, Park Avenue Properties Kelley F. Daspit, Iredell Health System Kristin Rodgers Owner, Doughgirls Catering Katherine Propst, Cabarrus County Schools

Class of 2011 Julia Austin, Owner, Fifi’s Fine Resale Jean Wright, Vice president and CMO, CMC-Northeast and CMC-University Rhonda Lazenby, Owner, BK Professional, Counseling Center

Class of 2010 Donna Carpenter, President and CEO, Cabarrus County CVB Lori Eberly, CEO, Comfort Keepers Katrina King, Director of Network Development, Novant Health Shelley Mahl, CFO, Champion Tire Kathleen Rose, CEO, Rose & Associates Carol Spalding, President, RCCC

Class of 2009 Barbara Green, Owner, Sensibly Chic Interior Design Cheryl Kane, Business consultant, UNC-Charlotte lecturer Suzanne Meyer, President, The Welcome Committee Noelle Rhodes Scott, President and CEO, Cabarrus Arts Council

Class of 2008 Celia Bensman, Owner, Camp Wagging Tails Gayle Deal, Executive Director of Business & Community Relations CMC – Northeast Lori Dvorak, President, InVision 4 Dakeita Vanderburg-Johnson, Vice President, Southgate Masonry and Lumber Co. Karen Lawrence, President and CEO, It’s My Affair Jennifer B. Pippin, Owner, Pippin Home Designs

Class of 2007 Marilyn Celenza, Owner, Good Clean Fun LLC Susan A. Medlin, Chief Creative Officer and Founder, Vintage Marketing Sherre DeMao, Chief Marketer, SLD Unlimited Marketing/PR Kelley Earnhardt Elledge, Vice President, JR Motorsports Huyla I. Jackson, CEO, SouthernSelect Community Credit Union

Fran Boling, Principal, BolRe, LLC DeSales Wagster, Vice President of Strategic Alliances, Speedway Motorsports

Class of 2006 Sally Ashworth, Executive Director, Visit Lake Norman Alaine Hines Bollinger, Senior Vice President, BD&H Advertising Catherine M. Bentz, President, Bentz & Associates PA Dari Caldwell, President, Rowan Regional Medical Center Ginger Griffin, Owner and Principal, Ginger Griffin Marketing & Design Carol Lesley, Branch Manager, Retired, Allen Tate Co. Barbara McCall, CPA, President, Ladd McCall and Assoc.

Karen Shore, Executive Director, Mooresville/South Iredell Chamber of Commerce Barbara Walker, President, BJW Architecture Inc. Vickie Weant, Executive Director (retired) Concord Downtown Development

Class of 2005 Joni Davis, District Manager, Duke Energy Carol Lovin, Vice President, Carolinas Medical Center – Northeast Robin Smith, Marketing Director, Lake Norman ChryslerJeep-Dodge Cyndie Mynatt, President, Ben Mynatt Pontiac-BuickGMC Kate Gaither, Owner/Broker, Newport Properties Mooresville Mary Hopper, Executive Director, University City Partners Lynne Scott Safrit, President, Atlantic American Properties Pat Horton, CEO, Cabarrus Bank & Trust Abigail Jennings, President, Lake Norman Realty Diane Honeycutt, Team Leader, Team Honeycutt Allen Tate Realtors Melanie O’Connell Underwood, Economic Development Consultant

Business Today

NASCAR

October 2015

from page 1

world on its ear. Kaufman, who was once listed among the world’s billionaires by Forbe’s magazine, is taking his investment dollars to Chip Ganassi Racing, leaving MWR and some 220 employees in a lurch. Kaufman is the chairman of the Race Team Alliance, a partnership of 18 Cup teams that is looking at, among other things, different financial structures to improve profitability in the sport.

Consolidation is under way.

In recent years equity stakes of Richard Childress Racing, Roush Racing, and Richard Petty Motorsports have been sold. In a climate where investors are looking for long-term opportunities, and race teams have large fixed costs, getting together makes sense.

“Look to Wall Street now,” said Wheeler. “There is a tremendous amount of capital looking to pounce on something that will be good down the road. That’s NASCAR.” While owning a part of a racing team is lucrative, the bigger prize may be tracks.

All but a couple of the tracks that NASCAR runs on are owned by two groups.

Both Speedway Motorsports and the International Speedway Corp. are publicly traded companies, but they also are both still controlled to a great degree by their founding families.

“They’re both family entities.” said Wheeler. “They can sell for a lot of money. The kids can go their merry way.

They will be sold and when it is done it will be revolutionary.”

With change in ownership comes different perspectives and ideas. There is a thought among many in auto racing that fans no longer want to watch 600 mile marathon races. Race days can be transformed into a full afternoon and evening of entertainment with the 200 or 300 mile competition the main event that follows concerts and includes innovative merchandising, appealing food options, and more opportunities for high-end fans.

Patrick Wood is the executive director of the motorsports program at Belmont Abbey College. He sees lots of ways for NASCAR to modernize in the coming years.

“You can shorten races like at the Poconos, use the throwbacks like they did at Darlington, more specialty races, and mid-week events are an option, too.

Made-for-TV races in front of 20,000 or 30,000 fans work, and then there are the initiatives like Daytona Rising. Clubs and premium options are going to go up all over the place.”

The influx of more television money is significant. NBC signed a 10-year deal worth $4.4 billion earlier this year and at the same time Fox agreed to an eight-

year package totaling $2.4 billion. ESPN and TNT had been paying a combined total of $2.74 billion over eight years.

Television money is divided with 65-percent going to the tracks, 25 percent to the purse for the races, and 10 percent to NASCAR. The pie is likely to be split differently in the near future.

The Race Team Alliance is a business coalition of team owners. Whether it be to discuss franchising or licensing models, the issues revolve around money. If team owners are to get more cash, it has to come from somewhere. The only way to make everyone happy is to produce more revenue.

“It doesn’t matter if NASCAR is sold, or who owns and runs it,” said Wheeler. “It’s going to go global because that’s where the money is. Soccer and Formula One are the two sports that are global and they’re making the most money.”

Formula One racing is incredibly popular abroad, and NASCAR races are much less expensive to put on. With billion dollar tracks having recently been constructed in Abu Dhabi and Malaysia, there is a thirst for racing and ample facilities to host events. Unlike football and basketball, brands like BMW and Mercedes do not need to be taught to a worldwide audience. They are already known and revered. Drivers can come from all over the world.

Wheeler suggests a two circuit system where NASCAR International and NASCAR North America can have some cross over. The Daytona 500 can be an International event while the 400 can be on the North America circuit. With more races, more cities, more drivers, and more tracks, there is a larger supply of inventory to sell television partners.

Of course they are still only in the brainstorming and early planning stages, and a whole lot of details would need to be worked out. Wood, from Belmont Abbey, suggests even before an entirely new product is produced, the current one can yield more money.

“There can be a further exploitation of media rights and the international market. Licensing NASCAR races outside the U.S. is an area of opportunity. We don’t have to start racing in China tomorrow to start televising there.”

Many racing teams will continue to be based in the Golden Crescent. Whatever changes take place, it is a virtual certainty more money will be flowing in. On the rare weekend that the teams are off you better believe their boats will be out on Lake Norman. Their vessels might be a little bit larger in the future, if that is possible.

Congratulations to

Sandi Vizner on being a 2015 Top Women winner

17

Business Today

18 October 2015

On The Record

THIS MONTH REAL ESTATE TRANsACTIONS . . . 18 FORECLOSURES . . . . . . . . . . . . . . . . . 22 NEW CORPORATIONS . . . . . . . . . . . . 24

REAL ESTATE TRANSACTIONS These are recent property transactions over $200,000 as recorded by the county

Register of Deeds in Cabarrus, Iredell and Mecklenburg.

Cabarrus County 08/26/15 $382,000 NVR, Inc. to Sridhar Takkellapati & Prabhavathi Machineni, 9992 Violet Cannon Dr., Concord 08/26/15 $267,500 H & H Constructors of Fayetteville, LLC to Jeff & Samantha Yoxtheimer, 2372 Fairport Dr., Concord 08/26/15 $416,500 The Ryland Group, Inc. to Kendrick Carroll, 2720 Stonewood View, Kannapolis 08/26/15 $356,500 Lennar Carolinas, LLC to Matthew & Sarah Johnson, 10025 Travertine

800.315.3655 www.LakeNormanRealty.com

Tr., Davidson 28036 08/26/15 $320,000 Niblock Homes, LLC to Zachene Crooks, 9388 Leyton Dr., Harrisburg 08/26/15 $566,000 Niblock Development Corp. to Victory Industrial Park, Inc., Lot 522 of Laurel Park Subdivision, Concord 08/26/15 $260,500 True Homes, LLC to Matthew & Renee Odom, 323 Royal Windsor Dr., Midland 08/26/15 $550,000 Don & Kerry Owen to BB Waxhaw LLC, 7602 Casbel Ct., Charlotte 28270 08/26/15 $520,000 Troy & Paulette Scott to Ahmad Elkhouly & Maie Seif, 2422 Riders Glen Ct., Concord 08/27/15 $317,000 D.R. Horton, Inc. To Scott Roach & Jennifer Katzenmaier, 11143 River Oaks Dr., Concord 08/27/15 $390,000 Jonathan Galloway to Eric & Christina Murdock, 6619 Fox Ridge Cr., Davidson 28036 08/27/15 $458,500 Weekley Homes, LLC to Stephen & Carol McKee, 4582 Sunprince Dr., Harrisburg 08/27/15 $302,500 M/I Homes of Charlotte, LLC to Charles & Sydnie Plotkin, 10543 Skipping Rock Ln., Concord 08/27/15 $305,500 NVR, Inc. to Scheldon & Amanda Connor, 2283 Drake Mill Ln., Concord 08/27/15 $260,500 Lennar Carolinas, LLC to Robert Russo, 1304 Malden St., Huntersville 28078 08/27/15 $290,500 Lennar Carolinas, LLC to Michelle Stephenson, 9142 Perseverance Dr., Harrisburg 08/27/15 $317,000 Steven & Sara Moore to Aslam Shaik, 2301 Barrowcliffe Dr., Concord 08/27/15 $281,000 Lennar Carolinas, LLC to Michael & Starrbria Stewart, 10371 Rutledge Ridge Dr., Huntersville 28078 08/27/15 $655,000 James Smith Revocable Living Trust to Lane Capital, LLC, 11.225 ac. on Poplar Tent Rd., Concord 08/27/15 $270,000 Ruby Yow Estate to Westover Mobile Home Park, LLC, Lots 1 - 8 of Westover Subdivision, Ridge Dr., Concord 08/27/15 $308,000 Franklin & Kelly Vanderburg to Kristin Roland, 251 Sunset Dr., Concord 08/27/15 $250,000 Wells Fargo Bank to Ajaj Land Investments, LLC, .461 ac. at intersection of Cannon Blvd. & Texas St., Kannapolis 08/28/15 $280,000 Ernest & Charmaine Williams to U.S. Bank National Assoc., Lot 727 of DominionHills @Highland Creek, Concord 08/28/15 $285,000 MRECV-KW, LLC to Eastwood Construction, LLC, Lots 2-124, 2-125, 2-126, 2-127 & 2-128 of Kellswater Bridge Subdivision, Kannapolis 08/28/15 $276,500 NVR, Inc. to Quintarus & Jaqui Sherrill, 7397 Mill Ruins Ave., Concord 08/28/15 $391,500 Niblock Homes, LLC to Girish, Rupal, Shashikant & Urmila Patel, 3998 Langtree Dr., Harrisburg 08/28/15 $280,000 Ray & Kathleen Stutzman to David & Sherry Barringer, 1554 Wheaton Way, Concord 08/28/15 $352,500 HB22, LLC to Kenneth & Janice Holmes, 6813 Market Way, Harrisburg

08/28/15 $475,000 Amin & Kulsoom Charania to Arthur & Margaret Phinizy, 663 Barossa Valley Dr., Concord 08/28/15 $265,000 Mark Vandyne to Gregory Dolecki & Patricia Madrid, 10314 Montrose Dr., Charlotte 28269 08/28/15 $359,000 M/I Homes of Charlotte, LLC to Breckon & Stephanie Pav, 2667 Red Maple Ln., Harrisburg 08/28/15 $292,500 M/I Homes of Charlotte, LLC to Adam & Kimberly Johnson, 1257 Tranquility Point Ave., Concord 08/28/15 $374,000 Taylor Morrison of Carolinas, Inc. to Adam & Kimberly Johnson, 4467 Fuda Ct., Harrisburg 08/28/15 $344,500 Taylor Morrison of Carolinas, Inc. to James & Lynne Enright, 4335 Bridge Pointe Dr., Harrisburg 08/31/15 $426,000 Taylor Morrison of Carolinas, Inc. to Manish & Anagha Khot, 9651 Eastridge Ln., Concord 08/31/15 $272,500 D.R. Horton, Inc. to Michael & Ashly Koester, 1472 Overlea Pl., Concord 08/31/15 $261,500 Justin & Susan Zimmerman to Steven & Amy Alperi, 10769 Sapphire Tr., Davidson 28036 08/31/15 $344,000 The Ryland Group, Inc. to John Bryan, 2691 Stonewood View, Kannapolis 08/31/15 $336,000 M/I Homes of Charlotte, LLC to Bruce & Shannon Freeman, 2675 Red Maple Ln., Harrisburg 08/31/15 $340,000 Mattamy Homes to Warren & Peggy Keller, 3092 Helmsley Ct., Concord 08/31/15 $699,000 Classica Homes, LLC to Sacheen Shrestha & Dipkala Rai, 9911 Manor View Dr., Concord 08/31/15 $315,000 Brian & Katherine Foster to Christopher & Amy Kerscar, 1109 Anduin Falls Dr., Charlotte 28269 09/01/15 $326,000 John & Traci Lanier to Charles & Lisa Keleman, 7055 Bovine Ln., Kannapolis 09/01/15 $378,500 Bonterra Builders, LLC to Justin Reissman, 11002 Thornback Ln., Midland 09/01/15 $305,000 Lennar Carolinas, LLC to Srinivasu Katreddi & Sandhya Goka, 4914 Pepper Dr., Harrisburg 09/01/15 $325,000 D.R. Horton, Inc. to Joumana El Safy, 11169 River Oaks Dr., Concord 09/01/15 $310,500 Orleans-Conservatory Group to Robert Martin & Debra Hanton, 3769 John Bostar Ln., Charlotte 28215 09/01/15 $269,500 Thomas & Anne Propst to Jason Atwell & Ashley Bratton, 146 Cottontail Ln., Concord 09/01/15 $385,000 James & Melanie Upton to Jared & Lauren Downs, 7665 Cotton St., Harrisburg 09/01/15 $273,500 Lennar Carolinas, LLC to Keith & Mia Greene, 4932 Smiling Dr., Harrisburg 09/01/15 $265,000 The Ryland Group, Inc. to Basant Bhattarai & Shilpa Rimal, 2261 Isaac St., Kannapolis 09/01/15 $281,500 M/I Homes of Charlotte, See TRANSACTIONS, Page 20

Business Today

October 2015

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Business Today

20 October 2015

On The Record

TRANSACTIONS from page 18

LLC to Son Nguyen & Linh & Quach, 10551 Skipping Rock Ln., Concord 09/02/15 $800,000 Yates-Chreitzberg Properties, LLC to Baker Billick Holdings, LLC, Units B & C of YCBB Condominiums, Concord 09/02/15 $263,000 John Matthews Estate to Sourav & Anamika Mukherjee, 9584 Ledbury Ct., Concord 09/03/15 $650,000 7035 Northwinds LLC to 2 One 2 of Concord, LLC, 7035 Northwinds Dr., Concord 09/03/15 $351,500 M/I Homes of Charlotte, LLC to Eric & Paula Beyer, 2666 Red Maple Ln., Harrisburg 09/03/15 $282,000 Ann Russell to Christopher & Erika Clark, 358 Eastover Dr., Concord 09/03/15 $370,000 Jared & Susana Vils to Yuegang Chen & Qing Yang, 2680 Jameson Dr., Concord 09/03/15 $320,000 Samuel & Elizabeth McLamb to Benjamin Hyde, 15825 Hwy. 601, Midland 09/03/15 $279,000 Brett & Jennifer Michaud to Atlas Capital Partners, LLC, 7461 Katelyn Ct., Harrisburg 09/03/15 $500,000 Caldwell CrossingHarrisburg, LLC to HT Fuel NC, LLC, .66 ac. in Caldwell Crossing, Harrisburg 09/04/15 $305,000 Kevin Schlicher to Dexter Nesbitt, 9582 Indian Beech Ave., Concord

09/04/15 $409,000 David & Stephanie Jacky to Kreis & Sharon Lewis, 6367 Fox Chase Dr., Davidson 28036 09/04/15 $360,000 M/I Homes of Charlotte, LLC to Gloria Almonord, 2654 Red Maple Ln., Harrisburg 09/04/15 $367,500 M/I Homes of Charlotte, LLC to Tinu & Princy George, 10569 Skipping Rock Ln., Concord 09/04/15 $335,000 M/I Homes of Charlotte, LLC to Harold & Betty Edmisten, 10529 Skipping Rock Ln., Concord 09/04/15 $462,000 Scott & Stacey Evett to George & Barbara McManus, 4599 Chanel Ct., Concord 09/04/15 $6,250,000 Suburban Gardens, Inc. to Branchview Plaza, LLC, Branchview Plaza, Branchview Dr., Concord 09/04/15 $272,000 Sarang & Vrunda Bapat to Angel & Luz Velez, 2214 Elendil Ln., Charlotte 28269 09/08/15 $318,000 Mattamy Homes to Brian & Karen Dalton, 3182 Helmsley Ct., Concord 09/08/15 $270,000 Jeffrey & Sarah Bates to Paul & Kathleen Smith, 10907 Trout Creek Pl., Davidson 28036 09/08/15 $262,000 Charles & Carol Williams to Gregory & Rachel Manning, 10945 Kingsview Dr., Davidson 28036 09/08/15 $310,000 Thanh Pham & Hien Vo to Scott & Stacey Evett, 7925 Tottenham Dr., Harrisburg 09/09/15 $360,000 Weekley Homes, LLC to Joseph & Maryanne Petkac, 10538 Spring-

crest Dr., Harrisburg 09/09/15 $320,000 David & Katharine Pope to Charles & Colleen Hibbert, 5772 Windward Ct., Concord 09/10/15 $275,000 Clarence & Anne Lowdermilk to Betty Williams, 7785 Coachman Ct., Harrisburg 09/10/15 $280,000 Robert & Karend Christensen to David & Sally Race, 538 Buffington Ct., Concord 09/10/15 $314,500 Bonterra Builders, LLC to Ronald & Lucinda Benjamin, 11029 Thornbeck Ln., Midland 09/10/15 $405,500 Taylor Morrison of Carolinas, Inc. to Patrick & Brooke Nelson, 9623 Estridge Ln., Concord 09/10/15 $255,000 Franklin, Paula & Anthony Ferree to Lester & Katara Thomas, 813 Mott Shue Dr., Concord 09/10/15 $270,000 Bonnie Butler Estate to Sandra Traweek, 3741 Ayrshire Ct., Harrisburg 09/10/15 $215,000 Rio & Jennifer Pratt to Jonathan Colburn, 4044 Clover Dr., Concord 09/10/15 $307,500 The Ryland Group, Inc. to Brent & Barbara Rockett, 2642 Stonewood View, Kannapolis 09/11/15 $298,000 Alfred & Cynthia Stevens to Thomas & Johnnie McCallum, 2284 Fairport Dr., Concord 09/11/15 $412,000 Taylor Morrison of Carolinas, Inc. to Bhasker Akkapelli & Shilpa Gillella, 9631 Estridge Ln., Concord 09/11/15 $269,000 D.R. Horton, Inc. to Tiffani Honerkamp, 1468 Overlea Pl., Concord 09/11/15 $348,000 M/I Homes of Charlotte, LLC to Scott & Julie Figuerado, 2686 Red Maple Ln., Harrisburg 09/11/15 $313,500 Taylor Morrison of Carolinas, Inc. to John & Teri Griffith, 7175 Streamhaven Dr., Harrisburg 09/11/15 $645,000 Gary & Donna Burnell to Arthur & Lynne Richards, 2414 Summers Glen Dr., Concord 09/11/15 $265,000 Mark, Peggy, Donald & Joyce Carlough to Anthony & Deborah Hale, 1225 Greenside Dr., Concord 09/11/15 $281,000 Charles & Victoria White to Ryan & Patricia Gordon, 282 Perennial Dr., Concord

More Cabarrus Transactions online at www.BusinessTodayNC.com

Mecklenburg County 8/28/15 $470,000 Ulla & John McWilliam to G&G Lakefront LLC, 8224 Brantfield, Dr., Huntersville 8/28/15 $304,000 Timothy & Mary Norman to Don R. Brown Jr., Lot 22 Captain’s Point, Cornelius 8/31/15 $244,500 Carole Lambert to Scott benner, 18755 Cloverstone Cir., Cornelius 8/31/15 $387,500 Nancy Poffenbaugh & Robert Vincent to Jessica & Kristopher Snyder, 15802 Cordeila Oaks, Huntersville 8/31/15 $522,000 Scott & Emily Barzee to Debra Conrath, 10104 Devonshire Dr.,

Huntersville 8/31/15 $270,000 Israel Kobisher & Frinee Cavazos to IH5 Property North Carolina, 11208 Skytop Dr., Huntersville 8/31/15 $240,000 Burton Jr. & Mary Harrington to Linda & Mark Holloway, 18725 Silver Quay Dr., Cornelius 8/31/15 $477,000 Amir & Pamela Kaldas to Adam & Kimberly Owen, 19116 Cypress Garden Dr., Davidson 8/31/15 $437,500 Mark & Sandra Long to Lacey & Matthew Dillinger, 17015 Winged Thistle Ct., Davidson 8/31/15 $253,000 Sherry Van Every to Robert Simpson & Brittany Harbinson, 8404 Bridgestone Dr., Huntersville 8/31/15 $334,000 Mattamy Carolina Corp. to Sharika Robinson & Tierre Downer, 16617 Grassy Creek Dr., Huntersville 8/31/15 $450,000 Brian & Sherry Harris to Patrick & Linda Robinson, 213 O’Henry Ave., Davidson 8/31/15 $299,000 James & Lauren Story to Javier Ocano & Carol Chadwick-Nixon, 14915 Colonial Park Dr., Huntersville 9/1/15 $361,000 Michael Russing to Donald & Kathleen Doolittle, 17700 Preston Lake Dr., Cornelius 9/1/15 $1,300,000 Michael & Cynthia Hosey to James & Cynthia Griffin, 18315 Hsarbor Light Blvd., Cornelius 9/2/15 $400,000 John & Marianne Bottoms to Orville & Renee Cook, 12714 Willingdon Rd., Huntersville 9/2/15 $570,000 Larry & Sandra Blair to Krithikha Rajan & Nandha Kumar Kandhasamy, 18534 Green Knoll Trace, Davidson 9/2/15 $380,000 Michael & Michelle Giglio to Dwain & Beth Pils, 21504 Crown Lake Dr., Cornelius 9/2/15 $348,000 David & Margaret Bailey tp James & Amy Poindexter, 9223 Brentfield Rd., Huntersville 9/2/15 $295,000 Jayne & Scott Leonard to Nancy & Brian Rosenfeld, 13603 Delston Dr., Huntersville 9/3/15 $299,000 NEI Global Relocation Co. to Janet & William Bartlett, 8128 Townley Rd., Huntersville 9/3/15 $299,000 Dwain & Gayle Lanier to NEI Global Relocaiton Co., 8128 Townley Rd., Huntersville 9/3/15 $465,000 Richard & Lisa Zelina to David & Jo Ann Chu, 14023 Timbergreen Dr., Huntersville 9/3/15 $379,000 Susan & Greg Hero to Thomas & Nicole Beagle, 20304 Middletown Rd., Cornelius 9/3/15 $2,300,000 Susan & Rick Sabath to Eric & Amanda Ziegler, 18301 Mainsail Pointe Dr., Cornelius 9/3/15 $268,000 John Simpson & Laura Lansford to James & Cheryl Brundage, 11216 Arlen Park Dr., Huntersville 9/3/15 $304,000 South Creek Homes to Archie & Connie Clinger, 13410 Hazelbrook Ln., Cornelius 9/4/15 $880,000 Tom Palmer Homes to See TRANSACTIONS, Page 21

Business Today

October 2015

On The Record

TRANSACTIONS from page 20

Joseph & Amanda Shelton, 16823 Reinsch Dr., Davidson 9/4/15 $378,000 South Creek Homes to Jon & Donnelle Graham, 18441 Neville Ave., Cornelius 9/4/15 $77,000 Bluestream Partners to South Creek Homes, Lot 90 Bailey’s Glen, Cornelius 9/4/15 $438,000 Keith & Barbara Edwards to Pamela Knight-Twedell, 18708 Nautical Dr. #3, Cornelius 9/4/15 $516,000 Darren Twedell & Pamela Knight-Twedell to Kristopher & Jaime Benson, 15524 Aberfeld Rd., Huntersville 9/4/15 $283,000 Mahbub & Fahmida Anwar to George & Catherine Luther, 17606 Train Station Dr., Huntersville 9/4/15 $346,000 Brandon & Anita Nels to ames Meyers, 17810-J Half Moon Ln., Cornelius 9/4/15 $365,000 Sheila & David Critz to DWV Investment, 10729 Rio Oro Dr., Cornelius 9/4/15 $306,000 David & Sommer Mullins to Jeffrey & Linda Blum, Unit 61 St. Philip Square, Cornelius 9/4/15 $250,000 Andrew & Sabrina Hicks to Janine Golden, 14003 Helen Benson Blvd., Davidson 9/8/15 $285,000 John Jr. & Jamilyn Leibler to Justin Messier, Lot 49 Westmoreland, Cornelius 9/8/15 $373,000 David & Michelle Eden to Keren Alexander, 22 Fairview Ln., Davidson 9/10/15 $979,000 Colleen & Christopher Jones to Thomas & Laurie Deane, 18704 John Connor Rd., Cornelius 9/10/15 $2,000,000 Brookstone Development Partners to RCDC Holdings LLC, 10125 Berkeley Place Dr., Charlotte 28262 9/11/15 $285,000 Trisha Capitelli & Thomas Carbone to Richard Jr. & Amanda Skalski, 17219 Caldwell Track Dr., Huntersville 9/11/15 $319,000 Amy & Bassem Lambert to Amanda & Mark Travaglini II, 8331 Cottsbrooke Dr., Huntersville 9/11/15 $286,500 Pulte Home Corp. to Gregory & Tyffany Smith, 15215 Colonial Park Dr., Huntersville 9/14/15 $330,000 South Creek Homes to Donald Wilhelm, 18022 Coulter Pkwy., Cornelius 9/15/15 $366,000 James & Deborah Strowd to Kristia Chatham, 108 South St., Cornelius 9/16/15 $257,000 Kathy Hancock to Michael & Cheryl Macleod, 1111 Inn Keepers Way, Cornelius 9/16/15 $239,000 NVR Inc. to RK & Carol Nelson, 1345 Jacemens Way, Cornelius 9/16/15 $511,000 Michael & Pamela Fabrizius To Helen Haynes, 18754 Greyton Ln., Davidson 9/17/15 $315,000 David & Kathleen Burgin to Mark & Jill McKellar, 14233 Bankside Dr., Huntersville 9/17/15 $226,000 NVR Inc. to Patricia Belk, 1361 Jacemans Way, Cornelius

9/17/15 $415,000 Karin & Brian Cain to Julia & Elliott Nickles, 12101 Willingdon Rd., Huntersville 9/18/15 $244,000 NVR Inc. to Joseph Lingen, 1349 Jacemans Way, Cornelius 9/18/15 $263,000 Lawrence Adkins, Paul Adkins to Dennis & Patricia Jones, 8303 Townley Rd., Huntersville 9/18/15 $720,000 Scott & Sheri Hauser to Michael & Cynthia Hosey, 18315 Harbor Light Blvd., Cornelius 9/18/15 $523,500 Bonterra Builders to Robert & Katherine Anthony, 10728 Brandie Meadow Ln., Huntersville 9/18/15 $539,000 Anthony & Dana Monticello to Victor & Della Casteel, 19712 River Falls Dr., Davidson 9/18/15 $259,000 Paul & Dianne Steinitz to Daniel & Kelsie Droppa, 11514 Lottingly Dr., Huntersville 9/18/15 $1,400,000 David II & Elizabeth Kovach to Richard & Jennifer Phillips, 19000 Mary Ardrey Cir., Cornelius 9/21/15 $1,238,000 Estate of Kathryn Beaty to David & Jennifer Heifer, 1213 Island Forest Dr., Cornelius 9/21/15 $651,000 Classica Homes to Bryan & Sonali Kopke, 17409 Robbins Ridge Rd., Cornelius 9/21/15 $236,000 Roger Jr. & Jane Mayhew to IH5 Property North Carolina, 19524 Coachmans Trace, Cornelius 9/21/15 $405,000 Chesmar Homes to David & Marie Schroen, 12402 Bradford Park Dr., Davidson 9/21/15 $298,000 Marc & Marisa Durstewitz to Thomas & Karen Paglia, 13324 Banner Court Ln., Huntersville

More Mecklenburg Transactions online at www.BusinessTodayNC.com

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Birkdale Village Office I 16740 Birkdale Commons Parkway, Ste. 208 Huntersville, NC 28078 O: 704.727.0595 — F: 704.626.3423

Mooresville 8/28/15 $302,000 Pulte Home Corporation to Fnu Shashi & Babita Singh, 131 Glade Valley Ave. 28117 8/28/15 $258,000 Jim & Tracy Newman to Michael & Katherine Smith, 713 Forest Ln. 28115 8/31/15 $255,500 Lennar Carolinas to Michael & Shannon Taynor, 132 Yellowbell Rd. 28117 8/31/15 $612,000 Peachtree Residential to Sean & Jessica Ryan, 343 Cove Creek Loop 28117 8/31/15 $520,000 David & Patricia Goffman to Franklin Olsen, 122 McNaron Ln. 28117 8/31/15 $414,000 Lennar Carolinas to Craig & Tarin Piscitella, 146 Flora Vista Dr. 28117 8/31/15 $375,000 Bonnie Watson to Jason & Kelly Meyer, 670 Normandy Rd. 28117 8/31/15 $428,000 Ben & Amanda Fischbeck to Stephen & Deborah Wells, 121 Harrison Point Ct. 28117 8/31/15 $313,000 Standard Pacific of the Carolinas to Burton & Mae Northam, 217 See TRANSACTIONS, Page 22

Debra Palazzolo

Kathy Catalano

Shelly Russ

Kristine Nelson

21

Business Today

22 October 2015

On T he Record

TRANSACTIONS from page 21

9/9/15 $402,000 Taylor Morrison of Carolinas to Brian & Leigh Conn, 172 Eagles Landing Dr. 28117 9/9/15 $277,000 Javad & Susan Scutchings to Gary & Keri White, 130 Crimson Orchard Dr. 28115 9/9/15 $275,000 Patti E. Wilson to Andrew John Horvath, 194 Beracah Pl. 28115 9/9/15 $265,000 Charles & Gina Moore to Prestin Properties, 395 E. Plaza Dr. 28115 9/9/15 $293,000 Katherine & Richard Corbiere to Keith Johnson, 149 Lilac Mist Loop 28115 9/10/15 $321,000 Gregory & Stacy Passmore to Matthew & Amanda Ver Meer, 142 Scotland Dr. 28115 9/10/15 $1,077,500 Deutsche Bank National Trust Company to Michael & Nancy Schneider, 104 White Horse Dr. 28117 9/10/15 $260,000 Christopher Zell to Cody Efaw & Amanda Weis, 115 Wellshire St. 28115 9/11/15 $326,000 Niblock Homes to Peter & Deana Lindo, 112 Southern Oak Dr. 28115 9/11/15 $286,000 Gun & Shinae Park to Vinay Nayak & Sonali Asati, 381 Montibello Dr. 28117 9/11/15 $255,000 Michele & Robert Padluck to Edwin & Amy Stillman, 194 Pamlico Ln. 28117 9/11/15 $272,000 Richard L. Fera to Adam & Kari Shaver, 105 Southhaven Dr. 28117 9/11/15 $280,000 Stephen & Kymberlee Graham to Eric & Ashlee Sadowski, 169 Flowering Grove Ln. 28115 9/11/15 $277,500 Eugene & Anna Cambria to John & Helen Lechieidner, 123 Billy Joe Rd. 28117 9/11/15 $770,000Jeremy & Stacey Hintman to Charalambos & Amber Demetri, 162 Vineyard Dr. 28117

More Mooresville Transactions online at www.BusinessTodayNC.com

FORECLOSURES

Foreclosure actions have been started on the following properties. Items show the date foreclosure documents became public, owners, property address, lien holder, lien amount. After required notices are published, the property is sent to auction. The property then can be sold, not sold (examples: bankruptcy files or action dismissed without prejudice) or the sale postponed.

Cabarrus County 08/21/15 $255,050 Joe & Sara Crump, 3815 Burnage Hall Rd., Harrisburg, Federal National Mortgage Assn.

08/21/14 $140,908 Christopher Blankenship, 2112 Clear Brooke Dr., Kannapolis, Wells Fargo Bank 08/24/15 $128,337 Brenda Corey, 1548 Moss Creek Dr., Harrisburg, Bank of America 08/24/15 $188,907 Jamie & Carole Drake, 1868 Rhineland Ct., Mount Pleasant, Branch Banking and Trust Co. 08/25/15 $56,000 Herman R. Black, 160 Tournament St., Concord, Branch Banking and Trust Co. 08/25/15 $300,000 Cecilia Kovacs, 1516 Wilburn Park Ln., Concord, Bank of America 08/25/15 $99,200 Frederick & Veronica Degraffenreid, 634 Devereaux Ct., Concord, CitiMortgage, Inc. 08/25/15 $154,890 Christopher & Jade Harris, 2995 Deep Cove Dr., Concord, U.S. Bank National Assoc.

08/26/15 $211,025 Sam & Lorrie Neely, 429 Dockside Ln., Concord, JP Morgan Chase Bank 08/26/15 $92,247 Ana Ortez, 320 Elwood St., Kannapolis, Bank of America 08/26/15 $87,000 Mark & Penelope Cothran, 9727 Starwood Dr., Charlotte 28215, Wells Fargo Bank 08/27/15 $66,829 William & Amy Jordan, 600 Pleasant Ave., Kannapolis, CitiMortgage, Inc. 08/27/15 $205,600 Jason & Roxanne Ward, 1427 Haverford Rd., Concord, Nationstar Mortgage, LLC 08/28/15 $126,022 Kelley Harvey & Elizabeth Little, 9283 Black Vine Dr., Concord, Carrington Mortgage Services 08/28/15 $278,400 Dale & Andrea Muir, 7829 Weathersford Pl., Charlotte 28213, HSBC Bank 08/28/15 $66,907 Sara Lynch, 574 Carriage Ave., Concord, Lakeview Loan Servicing 08/28/15 $108,498 Rachael Brawley, 843 Turning Point Ln., Kannapolis, Wilmington Savings Fund Society 08/28/15 $138,892 Brandon McGray & Dana Johnson, 4147 Broadstairs Dr., Concord, Green Tree Servicing LLC 08/28/15 $90,000 William & Cherelle Eddleman, 120 Tribune Ave., Concord, State Employees Credit Union 08/31/15 $318,150 Maxine Williams, 8610 Verbena Ct., Harrisburg, Federal National Mortgage Assoc.

08/31/15 $162,400 Joshua & Casey Heafner, 300 Ashmont Dr., Kannapolis, JP Morgan Chase Bank 09/01/15 $230,000 Lynn Moore & Shannon Ellis, 10000 & 10030 Mount Olive Rd., Mt. Pleasant, State Employees Credit Union 09/01/15 $108,007 Wilfredo Belen & Santa Berte, 5299 Moonlight Dr. Trail, Concord, Wells Fargo Bank 09/03/15 $112,900 Jody Folice, 1689 Red Bird Cr., Concord, U.S.A., Rural Development, Department of Agriculture 09/03/15 $142,607 Tiffany Ingram & James Little, 265 Kendra Dr., Concord, U.S. Bank National Assoc.

09/03/15 $111,800 Nelson Wright, 6065 AlSee FORECLOSURES, Page 23

Business Today

FORECLOSURES from page 22

Old Ironside Dr., Charlotte 28213, Bank of America $159,355 9/2/15 Linda Beasley, 18817-204 Nautical Dr., Cornelius, CitiMortgage $104,000 9/2/15 Simone D. Wright, 5220 Hoover Dr., Charlotte 28269, Fifth Third Mortgage $133,789 9/2/15 Gary & Michelle Tucker, 7023 Neal Rd., Charlotte 28262, EquiFirst Corporation $130,000 9/2/15 Nolan & Tyua Corpening, 10906 Amherst Glen Dr., Charlotte 28213, M&T Mortgage $177,237 9/2/15 Quentin & Angela Campbell, 10415 Dickson Ln., Charlotte 28262, USAA Federal Savings Bank $323,127 9/2/15 Miguel A. Del Villar, 2635 Fairstone Ave., Charlotte 28269, Bank of America $68,732 9/2/15 Kevin & Tonya Agurs, 3728 Marbury Rd., Charlotte 28269, FRMC Mortgage $137,400 9/2/15 Ian & Rachelle Campbell, 5119 Elizabeth Rd., Charlotte 28269, Universal American Mortgage $96,139 9/2/15 Reginald & Erica Nesbitt, 13629 Purple Bloom Ln., Charlotte 28262, Sterling National Mortgage $200,000 9/3/15 Janice & Steven Boyd, 403 Kingville Dr., Charlotte 28213, TRSTE $97,606 9/8/15 Christine Anderson, 12502 Cumberland Crest Dr., Huntersville, PRLAP $117,600 9/8/15 George Exec, 3640 Nevin Rd., Charlotte 28269, Vision Mortgage $64,472 9/8/15 Betty & Thomas Stanford, 1901 Charden Rd., Davidson, Taylor, Bean & Whitaker Mortgage $224,000 9/10/15 Valentin & Guadalupe Ramirez, 12018 Blue Moon Ct., Huntersville, Bank of America $60,057 9/10/15 Stacey Smith & Jerry Blow, 14613 Hillmoor Ln., Huntersville, WMC Mortgage $181,339 9/11/15 Reynaldo & Paola Mariano, 10927 Adelaide Ct., Charlotte 28213, Wells Fargo Bank $147,100

More Mecklenburg Foreclosures online at www.BusinessTodayNC.com

Mooresville 8/18/15 Charles & Belinda Gillon, 188 Water Oak Dr. 28117, RBC Bank $266,550 8/18/15 Mitchell & Constance Kennerly, 104 Almond Rd. 28115, Proficio Mortgage $128,571 8/28/15 Guillermo Colon-Bonet, 127 Hampshire Dr. 28115, EverBank $131,500 8/31/15 Pamela Stone, 116 Teaberry Ct. 28115, Wells Fargo Bank $127,743 8/31/15 Bradley & Angel Ronnow,144 Golden Valley Dr. 28115, First Choice Funding $177,553 8/31/15 Paul & Angela Mendes, 162 Sardis

October 2015

Rd. 28115, Lehman Brothers Bank $123,300 9/2/15 Howard & Cindy Kosofsky, 114 Ventana Ct. 28117, Aquesta Bank $600,000 9/3/15 The Heirs of Nancy Frances Ballard Clodfelter, 134 Meadow Lilly Ct. 28115, One Reserve Mortgage $129,000 9/8/15 Linda & Timothy Sigmon, 637 Williamson Rd., Unit 109 28117, ERA Mortgage $153,912 9/11/15 Jeffrey Dean, 191 Timberland Loop 28115, JPMorgan Chase Bank $118,200

More Mooresville Foreclosures tte Hwy. 28117, Bank of America $83,466

online at www.BusinessTodayNC.com

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

Cabarrus County 8/25/15 BC9 Properties LLC, Christopher G. Herrin, 5705 Woodridge Ct., Concord 8/25/15 Corporate Tek Incoporated, Paul Day, 1141 Alstead Ct. NW, Concord 8/25/15 IntelQuest LLC, Deepa Vuppala, 399 Sutro Forest Dr. NW, Concord 8/25/15 Lake Norman Paddleboard Company Inc., Mary Elizabeth Ballantine, 10659 Rippling Stream Dr. NW, Concord 8/25/15 Tow Doctor Auto Towing Service LLC, Ahmad Hassan, 1166 Thanet St. SW, Concord 8/25/15 HYPERLINK “http://www.totallifechanges.com/reviveyourhealth” www. totallifechanges.com/reviveyourhealth LLC, Sandra Braithwaite, 1586 Tranquility Ave., Concord 8/26/15 Cabarrus Christian Outreach, Tammy S. Owings, 1422 S. Main St., Kannapolis 8/26/15 Carolina Land and Stream LLC, Mark Andrew Boles, 117 Academy Ave. NW, Concord 8/26/15 Hair Guru Beauty Supply Incorporated, Timothy Patterson, 6012 Bayfield Pkwy., Ste. 367, Concord 8/26/15 Man Alive LLC, Grayson Odell Stamey, 6509 Grayson Ln., Kannapolis 8/27/15 AAR Properties LLC, Srikant Utukuri, 9615 Lockwood Rd., Concord 8/27/15 Helpful Hearts in Home Care LLC, Angela Stanley, 2280 Wellington Chase Dr., Concord 8/27/15 Innovation Renovation Inc., Scott Little, 349-L Copperfield Blvd., #520, Concord 8/27/15 JGC Construction LLC, Joel Castro Vazquez, 23 Tower Cir. NW, Concord 8/27/15 Kannapolis Farmers Market, Irene Sacks, 401 Laureate Way, Kannapolis 8/28/15 Lawless International Apparel Incorporated, R. Lothel Watson, 3072 Dale Earnhardt Blvd., Kannapolis 8/28/15 Moda Design LLC, Pedro Joseph Soto Jr., 10632 Rippling Stream Dr. NW, Concord 8/31/15 77 Towing & Recovery LLC, Jonah Lee Edwards, 1393 Zion Church Rd. East,

Concord 8/31/15 Patrick Woodland LLC, Patrick Woodland, 713 Double Eagle St., Concord 9/1/15 Costa Couriers LLC, Aimee McMillian, 460 Debra Cir. SW, Concord 9/1/15 Farmer’s Cove LLC, Terry B. Plott, 6920 Buttercup Ln., Kannapolis 9/1/15 Fresh Data LLC, Tyler James Hudson, 3078 Roberta Rd., Concord 9/1/15 Halls Custom Vintage LLC, Caitlin P. Hall, 4832 Renfrew Dr., Concord 9/1/15 JACOHE Investments LLC, James Corey Hedgepeth, 10325 Shrader St. NW, Concord 9/1/15 TMR Investments LLC, Dominic N. Morlando, 3211 Trinity Church Rd., Concord 9/2/15 The Charlotte Seo LLC, Ricky Stevenson, 6012 Bayfield Pkwy., Unit 127, Concord 9/2/15 NC Cannabis Industry Association, Kelley Moss, 2405 Forrestbrook Dr., Kannapolis 9/2/15 Polish Pearl Cleaning Services LLC, Torres Gracemarie, 260 Litaker Ln., Concord 9/3/15 Austin of Cabarrus LLC, David B. Austin, 2425 Trinity Church Rd., Concord 9/3/15 Faith Properties Management LLC, Pamilla S. Tolen, 8890 Brandon Cir., Concord 9/8/15 Active Drywall LLC, Yolanda Ursula Villegas, 3088 Rockingham Ct. SW, Concord 9/8/15 Crowley Assistant Services LLC, Michael Crowley, 1317 Hydrangea Cir. NW, Concord 9/8/15 Mason Mitchell Motorsports Inc., Zachary M. Moretz, 37 South Union St., Ste. B, Concord 9/8/15 Prevention through Education LLC, Baheerah H. Muwwakkil, 11002 McCamie Hill Pl., Concord 9/8/15 Prime Leadership Consulting LLC, Pamela E. Farewell, 305 Mission Tripp St., Kannapolis 9/8/15 ROSLU Properties LLC, Chris Visagie, 429 Highland St., Concord 9/9/15 Armstrong Garage Inc., Shane E. Armstrong, 1701 Suther Rd., Concord 9/9/15 Lasting Impressions Home Solutions LLC, Michael Kemp, 4374 Greygate Ct. SW, Concord 9/9/15 New Image Apparel Co., Troy Dion King, 2606 Dale Earnhardt Blvd., Kannapolis 9/9/15 Sage Esthetics LLC, Jeanne Wasiak, 249 Pokeberry Trl., Concord 9/9/15 TM Poplin Inc., Toleah McManus Poplin, 4306 Gail Ln., Concord 9/9/15 W123 LLC, Jean-Pierre Ledermann, 9500 Mooresville Rd., Concord 9/10/15 Black Maple Enterprises LLC, Jennifer S. Helms, 612 Black Maple Dr., Kannapolis 9/10/15 Compound Partners LLC, Lynnette N. Butler, 8344 Flowes Store Rd., Concord 9/10/15 Grimes Automotive Inc., Matthew Ryan Grimes, 1539 Dale Earnhardt Blvd., Kannapolis 9/11/15 Dunamis Inc., Billy Anthony, 209 Candle Ct. NW, Concord 9/11/15 Mr. Sudd Z LLC, Richard B. Sorrell, 6573 Derby Ln. NW, Concord See FORECLOSURES, Page 24

23

Business Today

24 October 2015

On The Record

FORECLOSURES from page 23

9/14/15 7 Fold Technologies LLC, Mike Fullerton, 40 Odell School Rd., Ste. 3, Concord 9/11/15 Sunshine Daycare of Concord Inc., Rhoda D. Waters, 469 Countrywood Pl., Concord 9/11/15 Untz Builders LLC, Michael R. Burgner, 71 McCachern Blvd., Concord 9/14/15 Devanco Financial LLC, Joe C. Devance Jr., 424 Channing Cir. NW, Concord 9/14/15 RelonGo Inc., Timothy Singletary, 8976 Savannah Rd., Harrisburg 9/15/15 CT Group Inc., Srujana Bezawada, 9516 Heritage Farm Ave., Concord 9/15/15 D4I Cars 4 U Auto Sales Handwash & Tires Inc., William Xavier Hillie, 328 Melrose Dr., Concord 9/16/15 The Appraisal Office LLC, Jessica Miller, 2543 New Haven St. NW, Concord 9/16/15 BLANQ Inc., Clifford Blanquicet Jr., 620 Weyburn Dr. NW, Concord 9/17/15 $5,000 & Less Automotive Group LLC, Latell Brice, 2608 North Cannon Blvd., Kannapolis 9/17/15 TC Properties of NC LLC, Trent A. Carter, 9149 Barnett Rd., Concord 9/17/15 Tina’s Hair Salon LLC, Christina Simmons Leffer, 365 Union Cemetery Rd., Concord 9/17/15 Too Easy Wright Services LLC,

Angela Richardson, 6012 Bayfield Pkwy., Ste. 353, Concord 9/18/15 Ike’s Music LLC, Isiah Hilton Graham, 166 Penrod Dr. SW, Concord 9/21/15 Healing Touch Transportation LLC, Martin Anuonye, 418 Dockside Ln. NW, Concord 9/21/15 Jose Lora Transport Inc., Jose German Lora Rodriguez, 205 Samuel Adams Cir. SW, Concord 9/21/15 WC&C Welding & Fabrication Solutions LLC, Ben A. Walton, 4350 Motorsports Dr., Concord

More Cabarrus New Corporations online at www.BusinessTodayNC.com

Mecklenburg County 8/31/15 House of Jehovah God Our Father Inc., C. Maria Macon, 9911 Rocky Ford Club Rd., Charlotte 28269 8/31/15 Huff Fitness Group LLC, David E. Huff, 12828 Coral Sunrise Dr., Huntersville 8/31/15 Kean Property Group LLC, Steven Emory Helms, 19825 North Cover Rd., Ste. 171, Cornelius 8/31/15 Miracles Inc Healing Center LLC, Deleon Best, 17404 Tuscany Ln., Cornelius 8/31/15 Morris Depew Realty Inc., Kathy Morris, 8646 Meadowmont View Dr., Charlotte 28269 8/31/15 Ortega Jose Food Group LLC, Domino Kay Jose, 224 Armour St., Davidson

8/31/15 The Social Barber LLC, No Agent, 10405 Tavernay Pkwy., Charlotte 28262 8/31/15 Staskel Engineering PE Inc., Gerald O. Dry, 6206 Glenclaim Ct., Charlotte 28269 9/1/15 The Art of Medicine Direct PLLC, Bruce W. Hughes, 5760 Painted Fern Ct., Charlotte 28269 9/1/15 ATC – NX Level Inc., United States Corporation Agents Inc., 12152 Moonshadow Ln., Huntersville 9/1/15 C & C Contractors of Lake Norman Inc., Sean P. Campion, 16625 Grapperhall Dr., Huntersville 9/1/15 C.E.O. Life LLC, Tito Jefferson, 10703 Pamie Ct., Charlotte 28213 9/1/15 Clever Creations LLC, David Jon Salama, 16741 100 Norman Pl., Cornelius 9/1/15 CLM Security Services Inc., Adam Rhodes Miller, 17206 Chardonnay Ct., Cornelius 9/1/15 Dance Productions – The Remix LLC, Christopher Shohn Petty, 5945-C Orr Rd., Charlotte 28213 9/1/15 db Consult LLC, Rexanne Domico, 230 Pine Rd., Davidson 9/1/15 I Love to Paint LLC, Don Johnson, 1706 Flat River Dr., Apt. 110, Charlotte 28262 9/1/15 Perfect Fit Placement Agency LLC, Dominique Rice, 4924 Patricia Ann Ln., Charlotte 28269 9/1/15 RLV Enterprises LLC, Robert L. Vaughan Jr., 13048 Long Common Pkwy., Huntersville 9/1/15 Stonebridge Facility LLC, Ethan Wakeman, 16516 Old Statesville Rd., Huntersville 9/1/15 Stone Solutions Group LLC, John F. Hanzel, 19425-G Liverpool Pkwy., Cornelius 9/1/15 TruNorth Warranty Plans of North America LLC, William Kirk Eskridge, 16740 Birkdale Commons Pkwy., Ste. 208, Huntersville 9/1/15 Victorious Operations LLC, Magdaline Victorin, 6319 Waterford Hills Dr., Apt. 1312, Charlotte 28269 9/2/15 Acorn Street Properties LLC, Janet E. Sweet, 10130 Mallard Creek Rd., Ste. 300, Charlotte 28262 9/2/15 Asso Stone LLC, Joshua Clark Lemmond, 8215 Carob Tree Ln., Charlotte 28213 9/2/15 BASHKAP LLC, Michael K. Elliot, 13420 Reese Blvd. W, Huntersville 9/2/15 Cooke Real Estate LLC, Jesse Cooke, 12354 Swan Wings Pl., Huntersville 9/2/15 Hollybrrok Community Association Inc., Walter Nichols, 10735 David Taylor Dr., Ste. 301, Charlotte 28262 9/2/15 Little European Delights LLC, Bilijana Katanovic Eganovic, 10605 Huntersville Commons Dr., Apt. U, Huntersville 9/2/15 NICODEMUS LLC, Robin Deangelo, 19012 Southport Dr., Cornelius 9/2/15 Phillgood Logistics LLC, Philip Hutsell, 5906 Pepperpike Way, Charlotte 28213 9/2/15 Stonewall Sports Charlotte Inc., R. Lee Robertson Jr., 2730 East W.T. Harris Blvd., Ste. 101, Charlotte 28213 9/2/15 Superior Pools of Raleigh Inc., Peter Johnson, 20315 Knox Rd., Ste. A, Cornelius 9/3/15 ChemCognition LLC, United States

Corporation Agents Inc., 10001 Devonshire Dr., Huntersville 9/3/15 Custom Home Theater of Lake Norman LLC, Shawn A. Copeland, 20528 N. Main St., Cornelius 9/3/15 Daily Financial LLC, Donna Pollack, 623 Watson St., Davidson 9/3/15 Emjesamie LLC, Martha J. Simmons, 8425 Old Statesville Rd., Ste. 7, Charlotte 28269 9/3/15 Filigree Connection LLC, United States Corporation Agents Inc., 610 Jetton St., Ste. 120, Davidson 9/3/15 Hope Awards, Tina Deveaux, 14317 Rhiannon Ln., Huntersville 9/3/15 Ink Refill Delivery LLC, Ronald Joyner, 14416 Glendon Hall Ln., Charlotte 28262 9/3/15 Java Ice Inc., Allister Statia, 11414 Erwin Ridge Ave., Charlotte 28213 9/3/15 JTForney Virtual Services LLC, Jovada Forney, 1900 Interface Ln., #302, Charlotte 28262 9/3/15 Marry LLC, Luis Ramon Romero, 9710 Cockerham Ln., Huntersville 9/3/15 Murray Go-Round LLC, Malcolm T. Murray Jr., 20016 Shearwater Point Dr., Cornelius 9/3/15 NQR Digital LLC, Eric Pound, 10634 Holly Village Cir., Apt. 205, Huntersville 9/3/15 S&P Property Management LLC, Sohil Shah, 6712 Branchnell View Dr., Charlotte 28269 9/3/15 Sweet Momma’s LLC, Frances Goins, 9505 McCoy Rd., Huntersville 9/3/15 Twenty-Six Acres Brewing Company LLC, Joel S. Padgett, 5826 Kinglet Ln., Charlotte 28269 9/3/15 Unique Choice Community Resources Inc., Felecia L. Armstrong, 6100 Sunstone Dr., Charlotte 28269 9/3/15 Waterview Financial Group LTD., E. Dean Duncan, 16300 Barcica Ln., Cornelius 9/4/15 Carolina Auto Republic LLC, Parvez R. Siddique, 10616 Greenhead View Rd., Charlotte 28262 9/4/15 Charlotte Senior Care Center Inc., Velma D. Barnes, 5278 Cambridge Dr., Charlotte 28269 9/4/15 Kamikka’s Konnections LLC, Kamikka Williams, 7925 N. Tryon St., Ste. 210-212, Charlotte 28262 9/4/15 Kinetic Telecom Services LLC, Jerry Lamar Hammond, 10724 Trolley Run Dr., Cornelius 9/4/15 Outdoor Experiences LLC, United States Corporation Agents Inc., 10430 Baskerville Ave., Charlotte 28269 9/4/15 Wicked Manufacturing LLC, Daniel Perro, 19029 Mountainview Dr., Cornelius 9/4/15 Zipline Transportation LLC, Alvin Hudson II, 3020 Prosperity Church Rd., Ste. 264, Charlotte 28269 9/8/15 The 1416 Company LLC, David W. Stewart, 215 S. Main St., Ste. 306, Davidson 9/8/15 Angel In Disguise Inc., Angela Baker, 6211 Underwood Ave., Charlotte 28213 9/8/15 Aspire Private Capital Inc., John Bryan Philpott, 19410 Jetton Rd., #110-B, Cornelius See NEW CORPORATIONS, Page 25

Business Today

October 2015

25

On The Record

NEW CORPORATIONS from page 24

9/8/15 DAE BAK Cleaning Inc., SE Hwan Kim, 14235 Boren St., 104, Huntersville 9/8/15 Gio’s Trucking LLC, Johnny Lee Philips III, 5505 Howard St., Charlotte 28269 9/8/15 Graceland Real Estate LLC, John H. Taylor Jr., 734 Mountainwater Dr., Charlotte 28262 9/8/15 Obehave Interviews LLC, Jeffrey W. Taylor, 20910 Decora Dr., Cornelius 9/8/15 PSM Consulting LLC, Parves S. Mumtaz, 10130 Mallard Creek Rd., Ste. 300, Charlotte 28262 9/8/15 Revive Church of Monroe Inc., Danika Jones, 13417 Meadowmere Rd., Huntersville 9/8/15 Robinette Builders of NC LLC, Jay Robinette, 19701 West Catawba Ave., Cornelius 9/8/15 Safe Workplace Pro LLC, Christopher Matthews, 8401 Medical Plaza Dr., Ste. 120, Charlotte 28262 9/9/15 The Bradley Agency LLC, Tiffany Frazier, 8515 University Station Cir., Apt. 2013, Charlotte 28269 9/9/15 Car Club Customs Charlotte Inc., Michael D. Diggs, 7619 Old Statesville Rd., Charlotte 28269 9/9/15 The Grime LLC, Gregory C. Gann Jr., 9340 Charolais Ln., Charlotte 28213 9/9/15 iCellular N Tablet Repair Mobile LLC, Lemuel Jones, 7802 Blake A Dare Rd., Charlotte 28269 9/9/15 Illanez & Associates Company LLC, Miriam Illanez, 7318 Mallard Creek Rd., Charlotte 28262 9/9/15 JM Concrete SVC Inc., Jose Enrique Soto Mata, 6701 N. Tryon St., Ste. A, Charlotte 28213 9/9/15 L&L CPAS PA, Gene Johnston, 19720 Jetton Rd., 3rd Floor, Cornelius 9/9/15 Park City Productions LLC, TJ Westbrook, 13016 Eastfield Rd., Ste. 200-263, Huntersville 9/9/15 Window Trimmings LLC, Denise Napier, 9739 Linksland Dr., Huntersville 9/9/15 Yes Yes Ministries International Inc., Tomilola Solomon Banjoko, 325 Barrymore Dr., Charlotte 28213 9/10/15 Bayview Building Group LLC, Mary Kunkel, 416 Armour St., Davidson 9/10/15 Chelsea Development Group LLC, Costner Law Office PLLC, 10150 Mallard Creek Rd., Ste. 106, Charlotte 28262 9/10/15 HMS Trucking Company Inc., Marian D. Strong, 14208 Bernardy Ln., Charlotte 28269 9/10/15 Jo Charles 20830 LLC, Karen K. Wolter, 20902 Bethelwood Ln., Cornelius 9/10/15 Jo Charles 20917 LLC, Karen K. Wolter, 20902 Bethelwood Ln, Cornelius 9/10/15 Mahith LLC, Latha Takkilapati, 10313 Scotch Pine Cir., Charlotte 28262 9/10/15 OTS Financial LLC, Kianna Funderburk, 14232 Drake Watch Ln., Charlotte 28262 9/10/15 Rama Road Subdivision LLC, Costner Law Office PLLC, 10150 Mallard Creek

Rd., Ste. 106, Charlotte 28262 9/10/15 Sarcinella Management Solutions LLC, Steve Sarcinella, 812 Cotton Gin Alley, Davidson 9/10/15 Shortridge Properties LLC, Logan Shortridge, 6426 Skyline Dr., Charlotte 28269 9/10/15 Studio Melikai LLC, Ashley McKay, 1320 Stourbridge Lion Dr., Charlotte 28213 9/10/15 Vilas Academy, Aditya Upadhyay, 10722 Greenhead View Rd., Charlotte 28262 9/11/15 CK Fitness and Nutrition LLC, Charissa Klaassen, 10204 Caldwell Depot Rd., Cornelius 9/11/15 Frazier Family Holdings LLC, Gary B. Frazier, 630 Davidson Run Ln., Davidson 9/11/15 Kaicia Inc., Bill Labbon, 14016 Baytown Ct., Huntersville 9/11/15 Little Gem Hair Studio LLC, Edmee Anglero Hadcock, 19928 Catamaran Ct., Cornelius 9/11/15 P5 Properties LLC, Philip W. Hayes, 910 Martingale Ln., Davidson 9/11/15 Select Quality Solutions LLC, United States Corporation Agents Inc., 5607 Falls Ridge Ln., Charlotte 28269 9/11/15 Semper Fi Trucking LLC, Erik R. Griffin, 1622 Rustic Arch Way, Huntersville 9/11/15 Tick Tock Movie LLC, John E. Allen Jr., 16459 Leavitt Ln., Davidson 9/14/15 Beach Street Holdings LLC, Timothy Miller, 5412 Myston Ln., Huntersville 9/14/15 Coffey & Thompson Art Gallery, Frame and Design Inc., John F. Hanzel, 19425

Liverpool Pkwy., Ste. G, Cornelius 9/14/15 Deva – Rajsha Hotels LLC, Jayesh R. Patel, 8004 Alba Ct., Charlotte 28269 9/14/15 LP Partnership LLC, Jesse C. Jones, 11330 Vanstory Dr., Ste. 115, Huntersville 9/14/15 The Lynn Project Inc., Lynn Catherine Alberts, 13725 Dutch Fork Dr., Huntersville 9/14/15 Mayser’s Cleaning LLC, Natividad Solorzano Vega, 10549 Yellow Rose Ln., Charlotte 28269 9/14/15 MBW Holdings LLC, Michael B. Wihite, 209 Dleburg St., Ste. 130, Davidson 9/14/15 Panoptic Trauma & Quality Consulting PLLC, Debra J. Myers, 11936 Red Sorrell Ln., Huntersville 9/14/15 Positive Pathways Community Care LLC, Jacqueline C. Long, 6436 Mallard View Ln., Charlotte 28269 9/14/15 Rose Shipping Inc., Mike Schultze, 1027 San Michele Pl., Davidson 9/14/15 T.G.I.G. organics LLC, United States Corporation Agents Inc., 19932 Floral Ln., Cornelius 9/15/15 Apple Lime Investment LLC, J.D. Penland, 13633 Porter Creek Rd., Charlotte 28262 9/15/15 CreativePlay Preschool LLC, Shanita Beard, 6320 Ziegler Ln., Charlotte 28269 9/15/15 Grace Covenant of Charlotte, Brian W. Williams, 3941 Wanamassa Dr., Charlotte 28269 9/15/15 The Health Journey LLC, Meek Law

Firm, 10130 Mallard Creek Rd., Ste. 300, Charlotte 28262 9/15/15 Lott Rentals LLC, John F. Hanzel, 19425-G Liverpool Pkwy., Cornelius 9/15/15 Male Excel LLC, Jonathan C. Clark, 19835F Henderson Rd., Cornelius 9/15/15 Metrix Credit Technologies Group LLC, Clifford Dennis Currier, 194 Clemens Pl., Davidson 9/15/15 Mow Better Dudes Inc., Roy Sowell Jr., 4201 Garvin Dr., Charlotte 28269 9/15/15 STRI LLC, Christopher Strianese, 8714 Glade Ct., Huntersville 9/15/15 T&C Rat Race Corp., Todd Butler, 6049 Latta Springs Cir., Huntersville 9/15/15 Tokyo Grill Charlotte Inc., Qiu Yu Jiang, 8215 University City Blvd., Ste. D, Charlotte 28213 9/15/15 Tool King USA Inc., Edwin R. Barkley Jr., 9217 Ravenwing Dr., Charlotte 28262 9/16/15 M4 Construction LLC, Nahum Vega Marin, 1903 Wexford Meadows Ln., Apt. E, Charlotte 28262 9/16/15 Nails by Laila LLC, Khalaila Hines, 1705 Flat River Dr., Apt. 304, Charlotte 28262 9/16/15 NR Tesh Properties LLC, Lynn T. Mason, 9000 Hambright Rd., Huntersville 9/17/15 Carolinas Janitorial Services Inc., Jeremy T. Canipe, 10130 Mallard Creek, Ste. 300, Charlotte 28262 9/17/15 CMWA Holdings LLC, Christopher T. Harris, 1708 River Ford Dr., Davidson See NEW CORPORATIONS, Page 26

Business Today

26 October 2015

On The Record

NEW CORPORATIONS from page 25

9/17/15 Dinelu Lake LLC, John D. Fortner, 15659 Knoll Oak Ct., Huntersville 9/17/15 Jobel Rock LLC, John D. Fortner, 15659 Knoll Oak Ct., Huntersville 9/17/15 The Roaming Sanctuary Inc., United States Corporation Agents Inc., 1701 W. Sugar Creek Rd., Charlotte 28262 9/17/15 Super Squeaky Clean LLC, Jeanette Chrzanowski, 9562 Littleleaf Dr., Charlotte 28213 9/17/15 Volunteers For Empowerment Inc.,

Sherreka L. Tharps, 10302 Meridale Crossing Dr., Charlotte 28269 9/18/15 Addis Charlotte LLC, Henok Mihtsentu, 3739 Atlas Dr., Charlotte 28269 9/18/15 Banyan Leadership LLC, Richard Walker, 19111 Mary Andrey, Cornelius 9/18/15 Beard Estates LLC, Edward Beard, 6320 Ziegler Ln., Charlotte 28269 9/18/15 Blessed Blossom Production LLC, Margo M. Wade-Morton, 12610 Hazy Valley Ct., Charlotte 28269 9/18/15 Bridgewoods Inc., Richard Walker, 20723 Torrence Chapel Rd., Ste. 201, Cornelius 9/18/15 Embrace (Chabaq) Ministries, Sanita

Moulton, 1973 J N Pease Pl., Ste. 102, Charlotte 28262 9/18/15 Jay Chamunda LLC, Narendra Mulia, 7630 Gillman Ct., Charlotte 28269 9/18/15 J. Edgar Halstead III, P.C., James Edgar Halstead III, 4505 Canipe Dr., Charlotte 28269 9/18/15 K Innovations Inc., Chul K. Park, 1819 Arbor Vista Dr., Charlotte 28262 9/18/15 Modern Construction Services LLC, Tracy Snowdy, 21253 Sandy Cove Rd., Cornelius 9/18/15 Money B Enterprises LLC, Michael D. Belk, 7103 Fox Point Dr., Charlotte 28269 9/18/15 The Postage LLC, John C. Schroter II, 107 S. Old States Rd., #105, Huntersville 9/18/15 Union Leadership Academy Inc., Richard Walker, 20723 Torrence Chapel Rd., Ste. 201, Cornelius 9/18/15 Wesley Addison Construction LLC, Richard Maple, 18909 Victoria Bay Dr., Cornelius 9/21/15 Buy Fix & Flip LLC, George Fountas, 16400 Sutters Run, Huntersville 9/21/15 Centervestments LLC, Brandon Kirby, 8455 Angwin Pl., Charlotte 28262 9/21/15 Changing Directions, Monique Williams, 8702 Ridgeline Ln., Charlotte 28269 9/21/15 Copy Power LLC, John F. Hanzel, 19425-G Liverpool Pkwy., Cornelius 9/21/15 Crutchfield Veterinarian Services Inc., Brent Woodson Crutchfield, 19305 Overleaf Ln., Davidson 9/21/15 Elegant Queens of Charlotte LLC, Angela D. Smith, 11722 Black Maple Ave., Charlotte 28269 9/21/15 Group 43 LLC, Alex Zhutin, 8421 Cleve Brown Rd., Charlotte 28269 9/21/15 Humble Beginnings NC LLC, Meek Law Firm PC, 10130 Mallard Creek Rd., Ste. 300, Charlotte 28262 9/21/15 Invisible Bridges Inc., Cortez Gilbert, 11723 Sweetbriar Ridge Dr., Charlotte 28269 9/21/15 JFB Holdings LLC, James F. Burr, 19415 Peninsula Shores Dr., Cornelius 9/21/15 Lone Ranger Productions LLC, Keith Eason, 4201 Waterford Valley Cir., Charlotte 28269 9/21/15 Queen City Engineering & Design PLLC, Rex Carriker, 10224 Bon Meade Ln., Cornelius 9/21/15 Ziz Industries LLC, Jared Starin, 6608 Fairway Point Dr., Charlotte 28269

More Mecklenburg New Corporations online at www.BusinessTodayNC.com

Mooresville 9/2/15 Heightened Creative LLC, Seth Fargher, 235 Kendra Dr. 28117 9/2/15 Kimberly Bathrick and Associates LLC, Kimberly Bathrick, 109 Malibu Rd. 28117 9/3/15 Builders by Design NC LLC, Roslyn Reese, 127 Sport Court Way 28117 9/3/15 Corvid Innovation LLC, David F. Robinson, 145 Overhill Dr. 28117

9/3/15 Dhruvin & Margi Inc., Dhruvin Patel, 288 West Plaza Dr. 28117 9/3/15 Ghostface Brewing LLC, Sudsan Cuddy, 160 W. Park Ave. 28115 9/3/15 Glacier Forestry Inc., Jaime L. Hutton, 135 Jocyeln Ln., #108 28117 9/3/15 KV Strategies LLC, Kelly Vogel, 118 Preserve Way 28117 9/3/15 Premier Auctions LLC, Martin Robert Suttles, 118 Garden Gate Ln. 28115 9/4/15 Fortified Brands LLC, Heather Gerstenkorn Ballard, 516-D River Hwy., Ste. 210 28117 9/4/15 Jess Global LLC, Andrew P. Sipperly, 135 Pondhaven Cir. 28117 9/4/15 SilentShadow USA Inc., Shannon Rusch, 169 McKendree Rd. 28117 9/4/15 TB3 Holdings LLC, Thomas St. John Baldwin III, 141 Union Chapel Dr. 28117 9/4/15 Wholesome Subs LLC, Kit Fung Leung, 122 Shining Armor Ct. 28117 9/8/15 Impossible Otter LLC, Melanie Colley, 175 Carriage Club Dr., #9-105 28117 9/9/15 House2home Inspections LLC, Gary Rinaldi, 516 D River Hwy., Ste. 308 28117 9/10/15 Beauty & The Beast Inc., Gerri Lynn Kemper, 129 Bridgeport Dr. 28117 9/10/15 Robinson Rhoten Holdings LLC, Lee M. Robinson, 112 Maddaket Loop 28117 9/11/15 Black Dog Pressure Washing LLC, David Collins, 137 Gudger Rd. 28117 9/11/15 Mooresville Service Center Inc., Vicki Jo Schmidt, 372 N. Main St. 28115 9/14/15 Camp Shipfam LLC, Kory Sasnett, 179 River Park Rd. 28117 9/14/15 Jakub Skowronski DMD PA, Jakub Skowronski, 150 Northbridge Dr. 28115 9/14/15 Tristone Building Inc., James Chandleee, 192 Sunrise Cir. 28117 9/15/15 Abbott Consulting & Analytics Inc., Alison Abbott, 122 Mariner Pointe Ln. 28117 9/15/15 Jacoby Enterprises LLC, James L. Johnson, 164 Teakwood Ln. 28117 9/15/15 Pet Nanny Erica LLC, Erica Harvey, 488 Oak Tree Rd. 28117 9/16/15 GCM Holdings LLC, Kevin C. Donaldson, 149 Welton Way 28117 9/16/15 Pro-Seal Inc., Kenneth A. Bricker, 139 Crystal Cir. 28117 9/16/15 TTP2 LLC, Benjamin S. Adams Jr., 134 Culpeze Rd. 28117 9/17/15 Accurate Building Service LLC, Mark C. Reiman, 211 Collingswood Rd. 28117 9/17/15 Carolina Med Solutions LLC, Lia Martel, 143 Village View Dr., Ste. 406 28117 9/17/15 EverVitalMD PLLC, No Agent, 111 Golden Bell Ct. 28117 9/17/15 FoldedPak Inc., Steve Setzer, 184 Aztec Cir. 28117 9/17/15 Whaley Events & Marketing Inc., Craig Whaley, 127 Tilton Dr. 28115 9/18/15 Atwell Fabrication LLC, Malinda W. Atwell, 149 Bald Cypress Ln. 28115 9/18/15 Prestige Homes Realty LLC, Adina Indries, 112 Camp Ln. 28117

More Mooresville New Corporations online at www.BusinessTodayNC.com

Business Today

October 2015

27

Hot Properties Standout properties shine spotlight on Lake Norman, Cabarrus

18301 Mainsail Pointe Drive in Cornelius for $2,300,000

Some of the costliest homes in the Golden Crescent are either on the market, or have recently sold.

Trump Realty has the highest price listing, an 11,574 square foot lakefront house on Thurstons Way in The Point in Mooresville. Asking price: $7.95 million. In Mount Pleasant, a stately 10,965 square foot house is on the market at $4.5 million. The house, on Mount Olive Road, comes with 94 acres of land.

All the pricey homes in the Top 12 list in Lake Norman are waterfront, according to Abigail Jennings, president of Lake Norman Realty. Styles range from European-inspired elegance to streamlined contemporary modern.

Cornelius is home to seven of the pricey abodes, with four in The Peninsula. Three are in Mooresville with two in The Point. Troutman and Den-

ver are represented as well.

Days on market range from less than two weeks for a brand-new listing on Governor’s Island in Denver to more than two years for a $5.4 million house on Yeoman Road in Mooresville.

The house on Mount Olive Road has been on the market almost two years.

Among high-price houses that have recently sold, days on market runs the gamut from just listed to a year and and even more.

A Mediterranean house on a point lot at 18010 Harbor Light Blvd. just closed after 350 days on the market.

The 5,510 square foot house was listed at $2.35 million by Lori Jackson of Ivestor Jackson Distinctive Properties. Stephanie Landman of Keller Williams Lake Norman represented the buyers. They paid $2.045 million for the house which has a pool and spa, custom cabinets and tile, Brazil-

A lot at 21213 Island Forest Drive in Cornelius for $1,237,500

ian cherry hardwoods and a pier with a boat lift. The tax value is $1.48 million.

On the other hand, a house at 17209 Green Dolphin in The Peninsula was on the market a grand total of 17 days.

It was priced at $849,900 and sold for $846,000. Shelley Johnson of Keller

Williams Lake Norman had the listing.

A lot for a lot

A lake front lot at 21213 Island Forest Drive, has sold for $1.237 million after being listed for $1.324 million by the father-son team of Jim Carlyle Continued on Page 28

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18704 John Connor Road in Cornelius for $979,000

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Business Today

28 October 2015

Hot Properties and Lance Carlyle at Carlyle Properties in Cornelius. The one-acre lot has first-class views. The price tag amounts to the highest price for a lot in Cornelius since 2011, according to the MLS.

In Cornelius

A house at 18704 John Connor Road in The Peninsula has sold for $979,000 after being listed by Dixie Dean for $1 million.

The five bedroom, 6.5 bath house has a five car garage. It sits on The Peninsula

Club golf course, but it has water views. It was on the market less than three months.

Lori Jackson represented the buyers. ººº A lakefront house at 20204 Lola Circle has sold for $3.35 million after being listed at $3.65 million by Lori Jackson. The house has an unusual amount of lakefront: More than 430 feet of shoreline. It has custom marble and stone details inside as well as a resort-style pool and a four-car garage.

The selling agent was isabel Gonzalez of

Century 21 Providence. The property went under contract in less than a month.

Morton of Keller Williams Lake Norman represented the buyers.

ººº A house at 17601 Westward Reach Road in The Peninsula has sold for the listing price, $1.75 million after what looks like a day on the market. Debbie Monroe of Lake Norman Realty listed the lakefront ranch-style property with a full walk-out lower level. The 6,300 square foot home includes an exercise room, sauna, two stone fireplaces and three HVAC systems. Kris

ººº An 8,533 square foot house at 18301 Mainsail Pointe Drive has sold for $2.3 million after being listed at $2.4 million by Jim Carlyle and Lance Carlyle. The seven bedroom house has a pool and spa as well as a private dock on Lake Norman. Phil Puma of Puma & Associates represented the buyers.

127 Thurstons Way in Mooresville for $7,950,000

20204 Lola in Cornelius for $3.35 million

Luxury homes in the Golden Crescent Lake Norman Address

3080544

180 Eagle Chase LN

Wildlife Bay

3 Story

4

4/2

2011

9,265

3066753

173 Rehoboth LN #726

The Point

2 Story

5

5/3

2005

3103977

3466 Governors Island DR

Governors Island

2 Story/Bsmt

5

4/2

2013

3031440

19125 Peninsula Point DR

The Peninsula

2 Story/Bsmt

7

8/2

3087351

19134 Peninsula Point DR

The Peninsula

2 Story/Bsmt

5

3089254

18394 Nantz RD

None

2 Story/Bsmt

3110917

17002 Freshwater LN

The Peninsula

2 Story

3027468

16920 Harbor Master CV

The Peninsula

3088816

16709 Tinker PL

3068181

16125 Jetton RD

2143650 3088619

# MLS

$/SqFt

CDOM

List Price

List Date

1.300

$404.75

145

$3,750,000

05/07/15

8,810

1.440

$430.76

205

$3,795,000

03/08/15

6,738

0.460

$563.82

12

$3,799,000

09/17/15

1996

11,689

0.950

$333.64

397

$3,899,900

08/28/14

6/3

1997

9,883

1.085

$399.68

132

$3,950,000

05/20/15

6

6/3

2007

10,320

1.350

$382.75

125

$3,950,000

05/27/15

6

7/3

1999

8,169

1.880

$483.54

33

$3,950,000

08/27/15

3 Story

6

6/3

1997

11,097

1.020

$396.41

415

$4,399,000

08/10/14

None

2 Story/Bsmt

7

7/3

2012

9,866

0.740

$456.01

124

$4,499,000

05/28/15

None

3 Story/Bsmt

5

6/2

2007

12,482

0.690

$396.57

204

$4,950,000

03/09/15

210 Yeoman RD

None

2 Story

5

5/2

2003

9,800

1.500

$551.02

913

$5,400,000

03/28/13

127 Thurstons Way

The Point

2 Story/Bsmt

4

4/5

2007

11,574

2.000

$686.88

127

$7,950,000

05/25/15

Address

Subdivision

Subdivision

Type

Type

Bds

Bths

MLS #

H/F

Yr Blt Ttl HLA Acres

Cabarrus Bds Bths Yr Blt Ttl HLA Acres H/F

Source: Abigail Jennings, Lake Norman Realty

$/SqFt

CDOM

List Price

List Date

3035777

8728 Arbor Commons LN

Arbor Oaks

2 Story/Bsmt

7

6/4

2007

9,435

2.060

$233.17

374

$2,200,000

09/19/14

3090074

525 Lake Lynn RD

None

2 Story

5

4/1

1997

9,260

20.460

$269.44

489

$2,495,000

06/18/15

3046585

91 Bridlewood PL NE

Partridge Bluff

2 Story/Bsmt

5

4/2

2008

7,556

11.930

$363.95

322

$2,750,000

11/10/14

3086760

8642 Arbor Oaks CIR

Arbor Oaks

2 Story/Bsmt

4

4/4

2009

8,486

4.860

$436.01

119

$3,700,000

06/01/15

2193294

8275 Mount Olive RD

None

2.5 Story

5

7/1

2001

10,965

94.370

$410.31

678 Continued $4,499,000 on Page 2511/19/13 Source: Diane Honeycutt, Team Honeycutt

Business Today

October 2015

ENCLAVE

20321 Enclave Oaks Court | $2,850,000 THE PENINSULA

NT RO F R

TE WA

17503 Springwinds Drive | $1,200,000

W A T E R F R O N T

G O L F C O U R S E

THE PENINSULA CT RA T ON

W A T C E R DE R N U F R O N T 19425 Peninsula Shores Drive | $1,987,000 THE PENINSULA

18125 Sunset Cove Lane | $1,525,000

W A T E R F R O N T

THE PENINSULA

17130 Freshwater Lane | $2,345,000 UPPER JETTON

15705 Jetton Road | $1,499,000

CORNELIUS

ROBBINS PARK

THE PENINSULA

21321 Bethel Church Road | $794,000

9120 Robbins Preserve Road | $659,000

17414 Sailors Watch | $529,000

THE PENINSULA

THE PENINSULA

PO

ER ND

C

OL

THE PENINSULA CT RA T ON

L O T

U

16508 Pelican Point Lane | $595,000

18717 Square Sail Road | $229,000

LuxuryPortfolio.com/LakeNorman Dixie Dean

704-641-1465 Dixie.Dean@allentate.com DixieDean.com

18803 Harbor Light Blvd | $629,000

W A T E R F R O N T

W A T E R F R O N T

29

Business Today

30 October 2015

Big box retailer sinking to new lowes is less than one that is operating. But, Earnings at Mooresville-based Lowe’s Cos. Inc. increased 18.0 percent does it mean that the operating stores are suddenly less valuable? to $2.7 billion during the fiscal year I don’t think so. ended this past Jan. 30, 2015. Things Lowe’s is trying to pull this stunt have improved since then. For just the quarter ended July 31, Lowe’s earnings now in North Carolina, with efforts to rewrite the Book of Common Sense in rose 8.4 percent to $1.13 billion.

Cabarrus, Mecklenburg and Forsyth Despite all that, the big box retailer counties. is taking an aggressive approach to Ken Joyner, Mecklenburg County’s their property valuations all around tax assessor, says Lowe’s is appealing the country, going to court to reduce what they pay in property taxes to local the Revaluation Review values in Mecklenburg. “Previous to this current governments. appeal, all but two of their stores were In Marquette Township, Michigan, Lowe’s was given a $755,000 tax refund already appealed this revaluation cycle prior to the review and in previous that resulted in a reduction in governcases the Property Tax ment services like the Commission has not allibrary. This happened lowed an additional appeal in spite of Marquette’s when the taxpayer had investment in infrastrucalready exhausted their ture like water mains and appeals to the state level,” sidewalks. he says.

Marquette had valued But Lowe’s has a pendthe Lowe’s store at $5.2 ing appeal at the Property million, even though it Tax Commission (PTC) had just been built at a with Forsyth County. The cost of $10 million. In Dave Yochum Forsyth County case is a Michigan tax court, scheduled for some time Lowe’s won valuations of after the first of the year. $2.4 million, down to $2 million and County officials in both Mecklenthen $1.5 million. A township official burg and Cabarrus are watching said they “honestly thought” there had what happens in Forsyth. In an email, been a mistake. “We had the building Joyner said he has spoken with Forsyth permits that said it was worth $10 milCounty and believes “they are properly lion. We couldn’t believe the audacity, really,” the assessor said in an article in preparing for this appeal. I have also offered any services that Mecklenburg Independent Business, a publication of County can offer as assistance.” the Institute for Local Self-Reliance.

Neither Mecklenburg County or Lowe’s is using something called the “dark store method,” a system of valua- Pearson Appraisal Services uses the dark store method. tion that compares ongoing and opera“The dark store method is not valid tive stores with stores that are closed.

Naturally, the value of the closed stores appraisal theory or practice. I believe

Notebook

Editor Dave Yochum nebiztoday@gmail.com Sales & Marketing Director Gail Williams gail.todaypubs@gmail.com

that the cases will be fought and defeated in North Carolina. I believe our laws do not lend themselves to this argument,” Joyner said.

And there’s a difference when homeowners appeal their tax valuation. For one thing, they don’t have departments of high-paid lawyers whose only job is to represent the corporate Goliath that writes their paychecks. And let’s say you own your home plus four rental properties. Can you reduce the tax value of your residence if one of your rentals is vacant?

By the way, the CEO of Lowe’s Robert Niblock, pulled down a total of $14 million in salary, stock options and incentives in 2014.

It’s not just Lowe’s, however, big box retailers like Walmart are lining up.

“This could be problematic if a precedent is established that could spread to other big boxes,” said Stephen Morris, chairman of the Cabarrus County Board of Commissioners.

I applaud towns like Davidson that have worked mightily to keep the big box retailers out of their towns, as well as Concord, which has nurtured and supported its downtown, in spite of all the big box retailers around Concord Mills.

And I am more than glad to shop at places like Christy’s Nursery and Morrison Lumber in Concord; Hoke Lumber in Davidson; Ace Hardware in Cornelius; and D.E. Turner in Mooresville.

Book Review: 13 Things Mentally Strong People Don’t Do Everyone suffers bad experiences – career disappointments, losses and misfortunes. If you wonder why some people weather setbacks and challenges better than others, psychotherapist Amy Morin has an answer: They practice strategies that help keep them mentally strong.

Her explanations of 13

behaviors to avoid and good habits to develop in their place – and the stories she tells with each entry – will spur you to think about how you handle whatever comes your way. getAbstract recommends Morin’s straightforward, relevant counsel to those seeking greater psychological strength in their personal and professional lives. She will help you skip the pity party, see failures as opportunities, not defeats, and find more peace of mind.

Business Development Aimee Peer aimee.todaypubs@gmail.com Production Director Stephen Nance, production.todaypubs@gmail.com Contributing Writers Cheryl Kane, Sherre DeMao, Marty Price, Dave Friedman, Dave Vieser, Cathryn Piccirillo Sherman, John Rehkop Phone 704-895-1335 The entirety of this newspaper is copyrighted by Business Today, LLC 2014 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

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LETTERS TO THE EDITOR Do you have an opinion you’d like to share? We offer a forum for ideas, opinions and dissenting opinions.

Amy Morin. 13 Things Mentally Strong People Don’t Do: Take Back Your Power, Embrace

Change, Face Your Fears, and Train Your Brain

for Happiness and Success. Copyright © 2014 by Amy Morin. Published by arrangement with Wil-

liam Morrow, an imprint of HarperCollins Publish-

ers, 2014. 272 pages. ISBN-13: 9780062358295.

You can e-mail your thoughts to nebiztoday@gmail.com or mail to Business Today at P.O. Box 2062, Cornelius, N.C. 28031.

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Business Today

October 2015

Thank you to all of our 2015 Sponsors

Scene and Heard

2015 Presenting Sponsor 2015 Admiral Sponsors 2015 Commander Sponsors

2015 Captain Sponsors

AlphaGraphics Lake Norman • Alton’s Kitchen Rotary Club of and Cocktails • Allen Tate Realtors • Aquesta North Mecklenburg Bank • Aquesta Insurance • Chantal and Denis Bilodeau • Charlotte Ear Eye Nose & Throat Associates • Kerri and Joshua Dobi • Carolyn and Jim Duke • Julia Holyfield • KS Audio Video 2015 Skipper Sponsors • Lake Norman Kiwanis • Lake Norman Realty Margaret and Blair Boggs • Marcy and Jim Carlyle • • Law office of Bentz & Associates • Mama’s Carolina Eye Care/Dr. Kevin LaFone • Charlotte Party Pizza • The McIntosh Law Firm • Park Avenue Rentals • Dixie Dean • Tom and Ann Dutton • Tom Hilb Properties/Rep. John Bradford • Payroll Plus/ • Lynette and Mark Rinker • Brent and Amy Sparks • John Hettwer • Salon Sabeli • Dr. Nancy Tracey and Dan Stehle • Sea Tow/Howard Kaplan • Sen. Thom and Susan Tillis • Heidi Hansen and Dirk Tischer and Sen. Jeff Tarte

2015 Mates Sponsors

Sally and Chris Ashworth • Mauriello Law Office • Team Honeycutt/ Diane Honeycutt • Newport Properties • Janice and Mayor Chuck Travis • Della and Troy Stafford • Sharon and Woody Washam

2015 Crew Sponsors

John Cherry • Dobi Financial in honor of Dave Yochum • Dave Ferguson • Fresh Chef • Fine and Motherlode Wines • Diane and Dave Gilroy • Jim Hicks • Cheryl and Martin Kane • Linda Love • Lapis Financial • Susan Medlin • Tracy and Mike Russell • Gail Williams In Memory of Bob Williams

Supported by Business Today and Cornelius Today for 11 years

31

Just Listed in the Cornelius!

3 Waterfront Lots

Waterfront

3 amazing waterfront lots with HUGE views now available in Cornelius.

0.238 acres Listing Price $500,000 0.532 acres Listing Price $675,000 1.001 acres Listing Price $1,324,000 Please call Lance Carlyle 704-252-0237 for more info or to schedule a showing

Just Listed

$969,000 3-Story Custom home in River Run. Over 5600 Sq ft with 5 bed 5 1/2 baths. Master on Main. 3 car garage. 2nd kitchen on lower level.

$5,400,000 9900+ sqft Custom Waterfront Estate, 5 bed, Private Dock, 1.47 acres with 270 degrees of water frontage. Coveniently inMooresville.

Lance Carlyle 704-252-0237 lance@carlyleproperties.com

$3,950,000 Stunning Waterfront Custom home on 1.34 acres in Cornelius. 5 Bedrooms, media room, lake level kitchen, 2 story pool with hot tub.

Great outdoor living. Elevator

www.CarlyleProperties.com

SOLD

$2,399,000 Waterfront home in The Peninsula. 7 Bedrooms, 3 car garage, private dock, Professional kitchen, second living quarters on lake level Waterfront

Waterfront

Waterfront $2,499,000 Immaculate Waterfront Home on a 1.87 acre peninsula located on a gated private island. Over 6000 sq ft with 5 bedroom suites and private pier. Most amazing views on the Lake

$4,200,000 Waterfront Estate on over 1 acre in The Point. 9000 sq ft with 4 bed 5 full and 2 half baths. 3 Car Garage, salt water pool, private dock.

Call Al Strickland for more info 704-201-7244

waterfront

Waterfront

Waterfront $4,449,000 Gated Waterfront Estate in Cornelius on 1.1 Acres. 9,900 sq ft with 5 car garage, elevator, pool & hot tub and private pier

Waterfront

River Run

Waterfront $3,199,000 Custom Waterfront home in Cornelius on Jetton Rd. Over 10,000 sq ft. Master on Main. Private Dock, Pool & Hot Tub

UNDER CONTRACT

$3,950,000 Custom built gated French Country waterfront home in The Peninsula on over 1 acre with 315’ of shoreline. 9,883 sq ft with 5 beds 5 full and 2 half baths. Pool, Hot tub, gazebo with bath, Theater room, wine cellar, whole house Kohler™ generator.

Jim Carlyle 704-252-3047 jim@carlyleproperties.com