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Residential/Multi-Family Residential

Costly Energy Codes and Rent Caps Will Harm Housing Affordability, NAHB Tells Congress

July 24, 2024

The National Association of Home Builders (NAHB) called on Congress today to address two key policies that will notably escalate costs for home buyers and renters: the federal push to mandate costly and restrictive national energy codes and the Biden administration’s recent proposal to cap rent increases at 5%. Testifying during a House Financial Services…

Omnia Construction Celebrates 15 Years of Building Dreams and a New Venture

June 1, 2024

Omnia Construction is thrilled to announce the celebration of its 15th anniversary, a significant milestone that marks over a decade of dedication, growth, and success in the construction industry. Founded on the principles of hard work and a deep commitment to customer service, Omnia has grown from a hopeful venture into a trusted leader in…

Addison Homes Receives U. S. Department of Energy 2023 Housing Innovation Award

January 16, 2024

Addison Homes, a South Carolina home builder which specializes in building healthy, high-performance homes that emphasize increased comfort and durability, better indoor air quality, and ultra energy efficiency, has received a Housing Innovation award from the U. S. Department of Energy (DOE). The award was presented at the 2023 Energy & Environmental Building Alliance (EEBA)…

U-Haul Migration Trends: Florida had 7 of Top 25 U.S. Growth Cities in 2023

January 3, 2024

Florida destinations dominated the U.S. growth cities list again in 2023, with the Palm Bay-Melbourne market netting the largest number of movers in one-way U-Haul® equipment last year. Three destinations in the Carolinas were in the top 10. The U-Haul Growth Index found seven Florida markets among the top 25 growth cities last year. It marks the seventh year in a…

McShane to Build 262-unit Multi-family Community in Greenville, South Carolina

December 13, 2023

McShane Construction Company has been selected by repeat client Flournoy Development Group to build a 262-unit multi-family community in Greenville, South Carolina. “We’re excited to kick off our second project with Flournoy Development,” shared Scott Hoppa, Senior Vice President & Regional Manager at McShane. “Located in one of the fastest growing cities in the country, this project…

Addison Homes President Todd Usher Presents on Ambient Energy in Buildings at Dept. of Energy/National Science Foundation Event

November 29, 2023

Todd Usher, founder and President of Addison Homes, an Upstate S.C. home builder that specializes in building healthy, high-performance homes, has offered a presentation at a Department of Energy event held in Washington, DC, funded by a National Science Foundation grant on the topic of Ambient Energy for Buildings. The event was attended by a…

Addison Homes Receives Home Builders Association of Greenville’s Green Building Bridge Award

July 25, 2023

Addison Homes, an Upstate South Carolina home builder which specializes in building healthy, high-performance homes that emphasize increased comfort and durability, better indoor air quality, ultra energy efficiency, and the use of sustainable materials, has received the Green Building award at the annual Bridge Awards gala for the Home Builders Association of Greenville. Founded in…

South Creek by Beechwood Carolinas, a New Mixed-Use Community in Heart of Chapel Hill, North Carolina, Approved by Town of Chapel Hill

June 13, 2023

Beechwood Carolinas, a division of The Beechwood Organization – one of the largest privately-owned developers of single-family homes, multi-family homes and luxury lifestyle communities on the East Coast – moves forward with plans for a new mixed-use development, South Creek by Beechwood. South Creek’s 815-home community with 21,000 to 52,000 square feet of commercial and retail space across…

Commercial and Multifamily Make Solid Gains in 2022

February 1, 2023

All top 10 metro areas posted gains during the year In 2022, the value of commercial and multifamily construction starts in the top 10 metropolitan areas of the U.S. increased 37% from 2021, according to Dodge Construction Network. Nationally, commercial and multifamily construction starts increased 25%. Commercial and multifamily construction has made impressive gains in 2022 largely…

Olive Tree Affordable Housing Enters Into North Carolina Market with Acquisition of Multifamily Community in Wilmington

January 26, 2023

 Olive Tree Affordable Housing, the affordable housing affiliate of Olive Tree Holdings, a mission driven private investment company with a focus on real estate, today announced the acquisition of The Life at Lakeside Villas, a 429-unit, affordable multifamily community located at 1519 Lake Branch Drive in Wilmington, North Carolina. With equity provided by the American South Fund Management Team, Olive Tree has…

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What We’re Reading

  • Wolfspeed says restructuring led by Japanese will cut debt by 70%
    Source: Business North Carolina Published on June 23, 2025
  • FedEx founder Fred Smith, a Marine who reshaped global delivery, dies at 80
    Source: Business North Carolina Published on June 22, 2025
  • McColl Park opens in Uptown Charlotte, honoring city’s modern architect
    Source: Business North Carolina Published on June 22, 2025
  • On the Move: Karl Burnich
    Source: Upstate Business Journal Published on June 20, 2025
  • 426 North Main towers conditionally approved: Greenville Design Review Board notes
    Source: Upstate Business Journal Published on June 20, 2025

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