Cary Developer Goes Bankrupt
MacGregor Development of Cary is seeking bankruptcy protection from creditors. The company listed assets of $23.8 million and consolidated debt of $41.4 million in Chapter 11 documents filed Nov. 14 in U.S. Bankruptcy Court in Wilson. The company has developed some of the area’s biggest residential communities, including the high-end MacGregor Downs golf-club community and [...]
Royal Oaks Building Group Named to Inaugural Western Wake 100 List
Rich Van Tassel, president of Royal Oaks Building Group, LLC (www.royaloaksbg.com), has announced that the company has been named to the inaugural Western Wake 100 list by Cary Business magazine. The list is comprised of the 100 most influential companies in Western Wake County. Area chambers of commerce were called on to submit nominations for the top performing companies within their membership, based on their impact on Western Wake County.
Royal Oaks Building Group Wins Gold at 2008 Parade of Homes
Royal Oaks Building Group, LLC (www.royaloaksbg.com) has received a Gold Award from the 2008 Parade of Homes competition, an annual event hosted by the Home Builders Association of Raleigh-Wake County. The company received highest honors in the competition’s Category 1 ($125,000 - $175,000) for its Beaufort ‘C’ model located in the Walnut Creek community in southeast Raleigh. The award-winning home, located 1418 Briarmont Court and currently listed at $169,800, features a house plan designed by Frank Betz Associates, Inc. (www.frankbetz.com), an inside-the-beltline location, an open floor plan, and a luxurious master suite and bath, as well as an inviting front porch, a corner fireplace and a spacious loft area.
Wells Fargo Home Mortgage and Anderson Homes, Inc. and Vanguard Homes, Inc. Form Joint Venture
Wells Fargo Home Mortgage, a division of Wells Fargo Bank, N.A., and the nation’s leading retail provider of residential mortgages, and the principals of Cary-based Anderson Homes, Inc/Vanguard Homes, Inc. have agreed to the terms of a joint venture to originate, process and fund mortgage loans for Anderson Homes/Vanguard Homes customers. The joint venture, Priority [...]
Roland Carrillo of VanDyk Mortgage Earns Lending Integrity Seal of Approval
VanDyk Mortgage announced that Dr. Roland Carrillo, branch manager in Cary, has earned the Lending Integrity Seal of Approval from the National Association of Mortgage Brokers (NAMB). The new seal recognizes individuals who meet the industry’s highest standards and provides consumers a simple way to asses a mortgage professional’s experience and dedication.
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Vanguard Selected For WaterSense Pilot Program
Cary-based Vanguard Homes is pleased to announce their participation in the U.S. Environmental Protection Agency’s WaterSense Pilot Program. Vanguard is one of only five builders in the country selected for participation. In 2009, Vanguard will construct approximately 35 to 50 homes designed to meet the WaterSense program’s building specifications. The WaterSense program makes it easy [...]
TeamHomeBuyer.com Honored by City of Raleigh
Wake County’s leading community revitalization real estate firm, TeamHomeBuyer.com, was honored with a Raleigh Citizens Advisory Council (RCAC) Recognition Award at the Progress Energy Center in downtown Raleigh on September 17. Community leaders, residents, and Raleigh City Council members attended the gala honoring individuals, businesses, and organizations making a difference in Raleigh neighborhoods. TeamHomeBuyer.com was [...]
The Villages of Apex Named Community of the Year at State HBA Event
Apex First Development and The Villages of Apex are “Seeing STARS” after winning numerous awards at the 2008 STARS Awards Gala held in Charlotte on September 10. The Villages of Apex won Master-Planned Community of the Year for the State of North Carolina, which is considered the most prestigious award because of its scope. The [...]
Waverly Place Redevelopment Delayed
The News & Observer is reporting that the massive redevelopment of Cary’s Waverly Place shopping center at the intersection of Tryon Road and Kildaire Farm Road is suffering delays due to the nationwide credit crunch. Much of the redevelopment was supposed to be completed next year but is now on hold as the developer finds [...]
Pulte Homes Acquires New Community in Cary
Pulte Homes, one of the Triangle’s largest homebuilders, has added another community to its portfolio. Creekside at Tryon Village in Cary will feature 101 townhomes with six floor plans and will be open for sales in early 2009. The homes, ranging from 1,800 – 2,200 sq. ft., feature six spacious floor plans complete with garages, [...]
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