The Mecklenburg Times

Levine Properties has chosen JLL as its exclusive leasing agent for?the company’s?five-building,?304,878 square-foot?office portfolio in Charlotte. The portfolio?includes?prominent properties in?highly sought after submarkets,?such as?SouthPark.?JLL?Vice President Emily Hill and Associate Kennedy Fertitta will lead the leasing and marketing efforts.? Celebrating #JLL #LevineProperties

ATTOM has released its third-quarter 2024 report analyzing qualified low-income Opportunity Zones targeted by Congress for economic redevelopment in the Tax Cuts and Jobs Act of 2017 (see full methodology below). In this report, ATTOM looked at 3,857 zones around the United States with sufficient data to analyze, meaning they had at least five home sales in the third quarter of 2024.? The #opportunityzones

Deep Sentinel, the only security system that combines the experience of a personal guard with proprietary AI to stop crime before it occurs, conducted a survey of more than 1,000 apartment renters across the U.S. to learn what they think about the level of security provided by apartment complexes. #Apartments

Foundation For The Carolinas has announced the completion of its third and final round of grant funding for?Beyond Open. The small business grant program has selected 109 small businesses to receive grants ranging from $10,000 to $150,000, totaling $5.8M in awards. Led by Foundation For The Carolinas (FFTC) #meckcetera

The Bainbridge Companies has?announced construction has begun on Bainbridge Mallard Creek.? The Class A multifamily community will be located at?2610 Beard Rd, Charlotte, N.C., and is slated to open by Fall 2025 with a construction completion date by Summer 2026.?Nearby,?Ayrsley Lofts?and?Matthews Square Apartments?are in Bainbridge’s managed portfolio of communities. #BainbridgeCompanies

ATTOM has released its third quarter 2024 U.S. Home Equity & Underwater Report, which shows that 48.3 percent of mortgaged residential properties in the United States were considered equity-rich in the third quarter, meaning that the combined estimated amount of loan balances secured by those properties was no more than half of their estimated market values.? That #residentialrealestate

ATTOM has released its third-quarter 2024 U.S. Home Sales Report, which shows that homeowners earned a 55.6 percent profit margin on typical single-family home and condo sales in the United States during the third quarter. #homeprofits

ATTOM has released an updated monthly report on U.S. Commercial Foreclosures. The report reveals that commercial foreclosures remain elevated and are still considerably higher than pre-pandemic figures. Starting in June 2023, foreclosure numbers saw a sharp increase, peaking at 752 in May 2024, before settling at 695 in ATTOM's most recent data for September 2024. #commercialforeclosure

ATTOM has released its fourth-quarter 2024 Vacant Property and Zombie?Foreclosure?Report?showing that 1.4 million (1,355,909) residential properties in the United States are vacant. That figure represents 1.3 percent, or one in 77 homes, across the nation – virtually the same as in third quarter and up just slightly from a year ago. #zombieforeclosures

Construction sector employment rose by 25,000 jobs in September as both nonresidential and residential contractors added workers at a faster clip than other industries, according to an?analysis?of new government data the Associated General Contractors of America released today. #constructionjobs