Tag: commercial

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 »

Nationally known for our eclectic locals, world-class art scene, renowned scenery, and burgeoning dining and beverage industry, it’s no wonder our region attracts people from all walks of life. But while other areas with such credentials attract homebuyers looking for celebrity homes and stately mansions, in our region, there’s a different scene that draws curious… Read more »

101 Sumner Drive in Arden is a Great Opportunity for a Builder with Vision! $875,000 | CPE#: 486356 This 25-acre area of gently rolling woodlands is located in a growing area of South Asheville. Located just off Interstate 26 between Long Shoals Road and Airport Road, the parcel is secluded and surrounded by wheat and… Read more »

Beverly-Hanks’ president, Neal Hanks, was on site at the Within REACH Resale Shop in Waynesville to deliver the 2016 Quarter Two Market Report. Watch the video below to see his short report, or continue reading for more information. 2016 Quarter Two Residential Activity: Overall, our housing markets remain active. Sales pace is at an all-time… 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 This week, the Florida-based developer has withdrawn its proposal.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 »

There’s nothing like playing a round of golf at high elevation to quicken the blood and make you feel alive. Golf courses in Asheville and Western North Carolina have attitude, as well as altitude, challenging golfers in the most gorgeous of settings. More than that, local golf courses mean big business for their communities. Our… Read more »

Be honest. Have you ever wanted to own your own bed and breakfast or manage your own quaint, historic inn? If you’re tired of pushing aside your dreams of being your very own Gilmore girl, now may be the time to wake up and get started. There are no less than 14 B&Bs, inns, and… Read more »

Western North Carolina is known for its deep agricultural roots and award-winning farm-to-table dining. Now, Asheville residents are finding opportunities to grow both food and community in their own neighborhoods through urban gardens. These small plots of land are collectively cared for by members of the surrounding community and reap huge harvests in more ways… 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 »

  7 Cheshire Drive in Black Mountain is a Great Investment Opportunity! This is a collection of five parcels within the existing upscale, health-oriented, mixed-use Village of Cheshire in Black Mountain. The residential resort projects and recreational facilities included on this listing are all approved in the community’s master plan. In fact, a significant amount… Read more »