Chantal Allam/The Raleigh News & Observer Private equity firms now own more than 46,700 apartments — or about 39.5% of total units — in the Raleigh-Cary metro area, according to new data from the Private Equity Stakeholder Project (PESP), a nonprofit financial watchdog. That’s among the highest concentrations in the country — a level of […]
Anthony Goodman/The Sampson Independent As Sampson County farmers continue monitoring their fields following weeks of dry weather, agricultural experts say the effects of the recent drought could linger well beyond the arrival of recent rainfall. Sampson County is one of North Carolina’s leading agricultural producers, with thousands of acres devoted to corn, soybeans and cotton. […]
Cristin Severance/WRAL News At a time when newspapers across the country are shrinking or disappearing, The Pilot in Southern Pines has become an example of how a local news organization is diversifying to survive. David Woronoff, a fourth-generation North Carolina newspaper publisher, bought The Pilot 30 years ago when he was 30 years old. He […]
Mary Helen Moore/Axios Raleigh Construction has begun on North Carolina’s first Buc-ee’s travel center, a massive gas station and convenience store slated to open in Mebane in 2027. Why it matters: The Texas gas station chain has built a devoted following since the 1980s, thanks to its beaver mascot merch, clean bathrooms and endless array […]
Michele Chavis/The Robesonian Projects including the Lumberton Police Department, downtown revitalization and sewer improvements were among the items discussed in Monday’s Lumberton City Council meeting. Lumberton Chief of Police Michael McNeill requested and gained approval of a $46,345 grant from the Bulletproof Vest Partnership for the use of 45 female bulletproof vests and 55 male […]
Colin Campbell/WUNC News The state House is trying again to put an age limit on the sale of hemp-based products that have similar effects to marijuana. For several years, efforts to regulate hemp and THC products have stalled at the legislature. The House has passed bills with a wide range of regulations, while the Senate […]
Kate Denning/Carolina Public Press The student loan repayment plan, Saving on a Valuable Education (SAVE), introduced by former President Joe Biden will officially cease in light of the passage of President Donald Trump’s One Big Beautiful Bill Act last summer. An estimated 269,000 North Carolina borrowers who are enrolled in SAVE will need to select […]
Adam Wagner/NC Newsroom With 32 homes toppled since 2020, Buxton’s fast-eroding shoreline has become emblematic of challenges some North Carolina’s coastal communities are facing. Wednesday, North Carolina’s Senate Agriculture, Energy and Environment Committee discussed a trio of bills meant to protect Buxton and other communities with eroding shorelines. They would repeal the state’s long-standing ban […]
Greg Childress/NC Newsline The mother of a Durham man who died of heart failure after he became trapped in the laundry room of her downtown apartment building has sued the property owner and management firm. Debra Davies seeks compensatory damages for the estate of Jason Pulliam, who was 39 at the time of his death. […]
Chase Jordan & Desiree Mathurin/The Raleigh News & Observer Atrium Health, Charlotte’s largest hospital provider, has given 14 acres of land off North Tryon Street for the city to build affordable housing at The Pearl mixed-use medical school and med tech development area. It’s part of a land swap deal that has been years in […]
Elaina Athans/WTVD Visit North Carolina says the Carolina Hurricanes’ run for the Stanley Cup could bring up to $15 million in local revenue, and the Raleigh Chamber of Commerce says there will be long-term benefits. “We are working every day using this run in the finals to really put us on the map and to […]
Steve Harrison/WFAE Radio Two key votes by the Charlotte City Council in the past month have left some residents and business leaders wondering how much influence the city’s business community still has — and whether the so-called “Charlotte Way” is fading. The Charlotte City Council voted unanimously Monday night to approve a 150-day moratorium on […]
WRAL News Apex property owners will pay more in fiscal year 2026-27 for public safety staffing, fleet replacement, parks and recreation programs, technology improvements and capital projects. The budget passed on Tuesday raises the town’s property tax rate from 35.6 cents to 37.35 cents per $100 of assessed value, or a cost of about $105 […]
Amber Gaudet/The Charlotte Observer A Charlotte law firm tasked with handling the “winding down” of a North Carolina business that shut down in January and left customers out of tens of thousands each is no longer representing the company. American Log Homes and Cabins, a Charlotte-area company that was the subject of a May investigation […]
Shelly Garzon/WLOS Asheville recently landed on a WorldAtlas list of the best places to live in North Carolina. While the recognition highlights what makes Asheville attractive, local realtors and business owners say they’re seeing a more complex picture on the ground. Local realtor J. Michael Manley says the housing market has cooled compared to a […]
