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Katherine Graff moved into a newly built home in Morganton, North Carolina in May 2023. In less than two years, her brand-new home has already cost her $40,000 for structural repairs.
In 2012, Pretium raised $1.2 billion for its first residential real estate fund named Progress Residential, L.P which was used to buy more than 16,500 homes at big discounts. The fund would fund the establishment of the company Progress Residential, which acts as a single-family rental (SFR) management services platform. [2] [4] [5] [6]
The Mooresville-based company, formerly known as Power Home Solar, blames a defective part for its downfall. Pink Energy files for bankruptcy amid mounting complaints against the NC solar company ...
A trio of Charlotte developers is seeking to redevelop 115 acres along a busy south Charlotte corridor, proposing 1,500 new residential units, a 100,000-square-foot space for a grocery store plus ...
The company typically does not engage in land development; it acquires finished land lots that are ready for building, which the company believes mitigates risk. As of 2023, the company is the 4th largest home construction company in the United States based on the number of homes closed. [2] It is ranked 389th on the 2022 Fortune 500. [3]
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