Real Estate - Residential

Jan 10, 2025

S.C. Developer Buys Site For 3,600 Homes In Brunswick County

By Staff Reports, posted Jan 10, 2025

Contender Development, one of the largest land developers in South Carolina, recently acquired more than 1,500 acres in Bolivia for a master-planned community. Property tax records show the site, located off Southport-Supply Road, Midway Road SE and Clemmons Road SE, sold for $35 million. Located six minutes from Oak Island, Midway Landing is set to be a coastal-them ...

Dec 20, 2024

The residential real estate business found a steady groove all year in Brunswick County, a Realtors group said in its latest report. A news release from the Brunswick County Association of Realtors on Thursday stated that home sales remained strong through October and November. The year-to-date sales volume surpassed $2.5 billion, still ahead of last year’s pac ...

Dec 17, 2024

A development firm is seeking a rezoning to add units to an existing 280-unit apartment community in Wilmington. CPGPI Still Meadow LLC, an entity of Chartwell Property Group, has submitted an application to the city of Wilmington for a zoning designation that would allow for an additional 56 rental units at Still Meadow Village, 4504 and 4632 Still Meadow Drive. The ...

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Elevating Wilmington: Why a New, Taller Bridge is Essential for Our Progress

Posted Jul 25, 2024
Last week’s celebration was a testament to the power of community and the strength of our collective vision. It was exhilarating to see leaders from both sides of the river and political spectrum come together as the Federal Highway Administrator announced an unprecedented grant of $242 million for the Cape Fear Memorial Bridge replacement thanks to investments from the Bipartisan Infrastruc...read entire article
Dec 13, 2024

Home Developer Buys Nearly 670 Acres In Pender County

By Emma Dill, posted Dec 13, 2024

A local home developer purchased nearly 670 acres in Pender County last month for $16 million. According to deed records, Cornerstone Venture Partners Inc. purchased two tracts on Nov. 26 along N.C. 210 just west of Hampstead. The corporation is registered to D Logan at the address of Logan Homes in Belville. Logan Homes is a residential developer with communities ac ...

Nov 26, 2024

Brunswick County planning officials are set to consider a proposed development that would include more than 1,100 residential units near Southport. Formerly called Project Indigo, the project has been in the works for several years and would have a mix of housing, including apartments and a Continuing Care Retirement Community (CCRC), said McKay Siegel of East West Part ...

Nov 15, 2024

For $48M, Florida Firm Buys Apartments In Porters Neck

By Cece Nunn, posted Nov 15, 2024

Florida-based RAS Realty Partners has purchased another apartment community in Wilmington, paying more than $48 million for Beaumont Oaks at Porters Neck. The complex, at 115 Beaumont Oaks Drive, has 204 units in 11 buildings, a nearly 5,000-square-foot clubhouse and 49 private garages. RAS also owns the adjacent 34 townhomes, which the company bought for $15.25 mill ...

Nov 8, 2024

Local and state election results will hopefully give a boost to homebuilders – and housing affordability – in the Wilmington area, according to participants in a panel discussion on Friday about the post-election market. Shawn Horton, owner of Wilmington-based Trusst Builder Group, said, “It’s really local that matters, local and state, ...

Nov 8, 2024

Apartments could rise on property where a bowling alley used to be on Shipyard Boulevard in Wilmington. Plans submitted by a development company show 19 proposed buildings that would hold more than 450 apartments at 3907 Shipyard Blvd. The site plans also show two three-story buildings with a total of 43,600 square feet, marked "office/commercial" on the drawi ...

Nov 1, 2024

A troubled apartment complex in Leland has a new owner after selling for a bargain. Huntington, New York-based URS Capital Partners, a real estate investment firm, paid a little over $21 million for The Park at Village Oaks, a 126-unit apartment community at 114 Parsley Lane in Leland. The price was nearly $10 million less than the previous owner paid in 2022. ...

Oct 25, 2024

From 2016 to last year, Del Webb built more than 500 homes for buyers ages 55 and older in Riverlights, the 1,400-acre master planned community on River Road in Wilmington. Now the builder is focusing on an even bigger hotspot for active adults in their 50s: northern Brunswick County. A brand of national firm PulteGroup (NYSE: PHM), Del Webb specializes in 55-pl ...

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