200-plus new homes planned for development south of Summerville | Real Estate

New development in the Summers Corner neighborhood south of Summerville continues to move along.

Lennar Carolinas plans to build 211 homes on 86 acres in a development called Azalea Ridge Phase 7 southeast of Beech Hill Road and Summers Drive.

Azalea Ridge

The area outlined in black is where Lennar Carolinas plans to build a 211-lot housing development called Azalea Ridge Phase 7 near the Summers Corner community off Beech Hill Road south of Summerville. Map/Thomas & Hutton Engineering

The Miami-based home builder recently asked state environmental regulators for permits for stormwater, wastewater and water line construction.

The development is part of the 72,000-acre East Edisto Tract. About 53,000 acres that flank the Edisto River in the tract in Dorchester and Charleston counties are protected from development under a 2016 agreement.

Charthouse Apartments on James Island

Charthouse Apartments, built in 2017 on James Island, recently sold for $8.5 million. Provided/Woodlock Capital

Changing hands

A 48-unit apartment

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State Funeral Homes Honored With National Awards For Excellence

Press release from Connecticut Funeral Directors Association:

Sept. 23, 2020

Nine (9) Connecticut funeral homes have earned 2020 Pursuit of Excellence Awards from the National Funeral Directors Association (NFDA). All are members of the Connecticut Funeral Directors Association (CFDA). The national award is presented by NFDA annually to firms that have demonstrated a commitment to raising the bar on funeral service excellence by adhering to strict ethical and professional standards and providing outstanding service to families and communities.

Only 141 funeral homes in the world are being recognized with a 2020 NFDA Pursuit of Excellence Award for innovative community service programs, dynamic public relations efforts and professional integrity.

The Connecticut recipients are:

  • B.C. Bailey Funeral Home in Wallingford;
  • Carmon Community Funeral Homes in Windsor**;
  • Carpino Funeral Home in Southbury;
  • D’Esopo East Hartford Memorial Chapel in East Hartford**;
  • D’Esopo Funeral Chapel in Wethersfield**;
  • Duksa Family Funeral Homes at Burritt Hill in
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U.S. existing home sales approach 14-year high; prices scale record peak

By Lucia Mutikani

WASHINGTON (Reuters) – U.S. home sales surged to their highest level in nearly 14 years in August as the housing market continued to outperform the overall economy, but record high home prices could squeeze first-time buyers out of the market.

The report from the National Association of Realtors confirmed home sales had recovered after slumping when the economy almost ground to a halt as businesses were shuttered in mid-March in an effort to slow the spread of COVID-19.

Demand for housing is being fueled by record-low mortgage rates and a pandemic-fueled migration to suburbs and low-density areas in search of more spacious accommodation as many people work from home. Federal Reserve Chair Jerome Powell told a congressional panel on Tuesday that the economy has shown “marked improvement” since plunging into recession in February, though the path ahead remains uncertain.

“The housing market has continued its remarkable recovery

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Why Retailers And Landlords Should Crunch Real Estate Data To Survive Covid-19

Managing Director, AI at Leverton, An MRI Software Company. Helping companies get smarter using AI for Data Extraction & Contract Analytics.

Working for a global provider of real estate technology, I’ve seen many industries profoundly tested by the Covid-19 crisis in recent months, as hardly anyone first grasped the fundamental impact the pandemic was having on commercial properties. Few sectors have faced the challenges retail has in this area, with both retailers and their landlords facing tough questions about their lease portfolios. We have seen a 40%-plus rise in requests for software from clients of both types to review their leases.

There is good reason for this. Businesses in the retail sector must leverage data if they hope to maintain the strength that they need to come out of the coronavirus crisis and remain in a healthy position. Whether a company is a retailer leasing space for stores,

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Cat found pregnant and homeless seeking home

A ONE-year-old cat who was found heavily pregnant and homeless is looking for her forever home.

Her concerned finder saw the cat in distress and rushed her to Blue Cross in Radcliffe, where a foster home was quickly found to provide her with all the care she needed.

Named ‘Cleo’ she was taken to see a vet to treat an ulceration on her eyes, a flea infestation and ear mites. She gave birth to four kittens the following day.

Sadly one had a serious condition and the decision was made to euthanise, but happily the other three have all since found loving homes.

Cleo, however, has been left on the shelf and has been overlooked for over four months.

Charlotte Ayres, Animal Welfare Assistant at Blue Cross in Radcliffe said: “It is such a shame poor Cleo still hasn’t found a home. She has been homeless for far longer than

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University Heights preparing programs to help residents as predicted foreclosure crisis nears

UNIVERSITY HEIGHTS, Ohio — City Council will consider a series of programs in which federal CARES Act money would go towards helping keep people in their homes in what is expected to be a coming time of housing crisis, and to keep small businesses afloat.


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During an online Zoom council meeting held Monday (Sept. 21), Economic Development Director Susan Drucker and City Planner Brendan Zak told council about programs to help residents and business owners who find themselves in financial difficulty due to the coronavirus. The programs would assist small business owners, those needing help paying their mortgage or rent, and provide money for paying utility bills.

The goal is to put local help in place before the federal moratorium on foreclosures and evictions expires at year’s end.

Finance Director Dennis Kennedy said University Heights has received a total of $698,000 in CARES Act money, and has hopes

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Chapel Hill movie theater for sale. Here’s what the pending owner plans for the site.

One of Chapel Hill’s last chain movie theaters might not reopen post-COVID if a Cary developer moves ahead with plans for a new medical office.


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Regal Timberlyne, which opened in 1993, is one of 18 Regal Theatre locations in North Carolina. Other Triangle locations are in Raleigh, Cary, Garner and Apex.

The six-screen, 1,350-seat theater, located at 120 Banks Drive near the Timberlyne shopping center, closed in March when the state shut down to stem COVID-19 infections. The state has not yet lifted its restrictions on movie theaters.

Online postings show Foundry Commercial had listed the theater property for sale in January. Cary-based Parkway Holdings Phase 2 LLC plans to close on the property in December, so it’s unlikely the theater will reopen, Parkway Holdings manager Eli Zablud said.

Regal Theatre officials did not return a phone call seeking comment.

Parkway Holdings representative, TMTLA Associates, submitted a concept

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Sale Sharks bring on their big guns to subdue battling Harlequins and win Premiership Rugby Cup final

That response took a while to arrive. Smith extended Harlequins’ lead to nine from the tee, but then came De Klerk and then came Manu Tuilagi.

When the home side realised that their unstoppable driving maul was going to be the way to get back into this, their task looked easier. Dan Du Preez’s score from the tail of another maul set up a two-point finish.

That was enough to set Sale back on the straight and narrow. And when Quins flanker Will Evans was too overzealous at a ruck, Rob Du Preez gave Sale the lead. De Klerk’s last-minute sniping try was the icing on the Sale cake, putting the trophy’s destination beyond doubt.

Match details

Scores: 5-0 (Langdon try), 7-0 (R Du Preez con), 10-0 (R Du Preez pen), 10-3 (Smith pen), 10-6 (Smith pen), 10-11 (Chisholm try), 10-13 (Smith con), 10-16 (Smith pen); 10-19 (Smith pen), 15-19

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Current Real Estate Advisors Announces New Hire Stefano Santoro to Lead South Florida Expansion


3 “Strong Buy” Stocks That Are Flirting With a Bottom

In the investing game, it’s not only about what you buy; it’s about when you buy it. One of the most common pieces of advice thrown around the Street, “buy low” is touted as a tried-and-true tactic.Sure, the strategy seems simple. Stock prices naturally fluctuate on the basis of several factors like earnings results and the macro environment, amongst others, with investors trying to time the market and determine when stocks have hit a bottom. In practice, however, executing on this strategy is no easy task.On top of this, given the volatility that has ruled the markets over the last few weeks, how are investors supposed to gauge when a name is flirting with a bottom? That’s where the Wall Street pros come in.These expert stock pickers have identified three compelling tickers whose current share prices land close to

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Elon Musk appears to put more properties up for sale after vow to ‘own no house’

Tesla CEO Elon Musk appears to be selling more multimillion-dollar California homes after vowing on Twitter that he “will own no house” earlier in May, much to the dismay of his girlfriend.


A $62.5 million listing for four Los Angeles homes appeared on Zillow on Wednesday night. The listing describes the property as a “project for the big thinker, designed to showcase one of the best views in Los Angeles — from the city to the ocean and beyond.”

Musk purchased the homes that match the Zillow for-sale-by-owner listing’s description over several years starting in 2015, according to Business Insider.

The properties may be split up for interested buyers, according to the listing, which includes at least one private pool.


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