Did you know there’s a middle ground between cramped apartment-style living and midcentury suburban neighborhood sprawl. It’s called the Missing Middle, and it’s been getting some attention lately—especially here in the Asheville MSA. Today, let’s look at what the Missing Middle is, what benefits it offers, and what it would take to have more of… Read more »
FOR IMMEDIATE RELEASE: NAI Beverly-Hanks and Allen Tate/Beverly-Hanks Close on 644-Acre Property in Henderson County February 21, 2024 (Asheville, NC)—Allen Tate/Beverly-Hanks, REALTORSⓇ, the leading real estate company in Western North Carolina, has sold a 644-acre property in Henderson County known as “Horse Shoe Mountain”. The property closed today for $15 million. Horse Shoe Mountain was… Read more »
One of the strongest features of our economy is the retail sector. However, after a series of disruptions—think: shifts to online shopping, national health and economic crises, ongoing climate migration—retail companies large and small have struggled to redirect their sales models and stay afloat. Underlying it all are the investments many have in retail real… Read more »
FOR IMMEDIATE RELEASE: Local Commercial Brokerage Renews Global Partnership NAI Beverly-Hanks renews their partnership with NAI Global and remains dedicated to assisting clients with WNC commercial needs. August 19, 2022 (Asheville, NC)—NAI Beverly-Hanks, the commercial arm of Allen Tate/Beverly-Hanks, REALTORSⓇ, has renewed their affiliation with NAI Global through 2027. The national affiliation allows NAI Beverly-Hanks… Read more »
According to most economic experts, a recession is likely to occur in the next 12–24 months. 47% of those experts predict a recession in 2020. If those words send you running toward your safe room, you’re not alone. After the losses many people took in 2008 and its aftermath, it’s understandable to fear the “R”… Read more »
FOR IMMEDIATE RELEASE: NAI Beverly-Hanks Wins Two International Awards The local commercial real estate firm was recognized by the industry’s data leader for their outstanding 2018 sales and lease activity. March 19, 2019, Asheville, NC—NAI Beverly-Hanks was honored this month with two prestigious Power Broker Awards from CoStar Group, Inc., the leading provider of commercial… Read more »
We reported in the Beverly-Hanks Q2 2016 Market Report that commercial sales across WNC are softening considerably. Now, we’re seeing evidence that big banks across the nation are tightening their commercial loan standards. Could these changes be in anticipation of a greater real estate slowdown? For the fourth quarter in a row, banks are tightening… Read more »
Since it was proposed three months ago, a condo development project north of Beaver Lake and the Country Club of Asheville has sparked controversy among local residents. This week, the Florida-based developer has withdrawn its proposal. Dubbed the Cornerstone development, the plans called for multifamily development amounting to 184 condo units, as well as 12… Read more »
The sale and lease of commercial real estate continues to grow, both regionally and nationally, but commercial Realtors remain concerned about the availability of commercial financing. Overall, national lending for commercial real estate investment was incredibly strong in Q4 2015. In fact, the time period was the fourth highest quarter for borrowing and lending on… Read more »
This is the second post in a two-part series about how commercial real estate should evolve to meet the needs of the millennial generation. Read the first post. As the world’s first digital generation, those born from the early 1980s to the late 1990s were regularly exposed to new technologies in the home and… Read more »