Posted by David Bracken on November 27, 2014
Manor Six Forks, the Raleigh apartment complex that was foreclosed upon and then auctioned off in March, has changed hands again.
It was acquired this week for $48.45 million by Deerfield, Ill.-based Sherman Residential, according to Wake County property records.
The 298-unit Manor Six Forks complex and retail center is at the corner of Atlantic Avenue and Six Forks Road. It was developed by The Boylan Cos., a Raleigh real estate company.
Posted by John Murawski on November 26, 2014
North Carolina's economy has set a steady course for continued growth through the early months of 2015, according to the latest monthly forecast issued by NC State University economist Michael Walden.
Posted by David Bracken on November 26, 2014
The U.S. Food and Drug Administration has given approval for Grifols to begin production at its Clayton plasma plant.
Posted by John Murawski on November 25, 2014
An unpopular North Carolina rule that allows water-and-sewer utilities to raise rates without public hearings will face scrutiny from the NC Supreme Court. On Oct. 31, Aqua North Carolina made its first rate request under the new rule, asking the NC Utilities Commission for a 0.21% increase in water rates and a 0.44% in sewer rates.
Posted by John Murawski on November 24, 2014
A classic North Carolina utility billing scam is on the rise this year, prompting 42 households and businesses to lodge complaints this year with the NC Attorney General, up from five complaints last year.