Castle Hayne
LATEST NEWS
National Real Estate Firm Acquires Rental Development For $39M
A Virginia-based real estate firm recently announced the acquisition of Seaboard at Sidbury Station in Castle Hayne. Capital Square, a company that sponsors tax-advantaged real estate investments and develops and manages multifamily communities, acquired the rental housing community in a $39.3 million deal on behalf of CS1031 Sidbury Station BFR Housing DST, according to a news release and tax records. CS1031 Sidbury Station BFR Housing DST seeks to raise equity from accredited investors, the release stated.
North Carolina system expands into 2 counties with new hospital, ASC
Construction is underway for Winston-Salem, N.C.-based Novant Health's new community hospital in Wilmington, N.C., the Novant Scotts Hill Medical Center, according to a July 25 Star News Online report. The 250,000-square foot center will serve residents of northern New Hanover County and eastern Pender County. Construction is expected to be...
Wilmington furniture store to close amid company-wide shutdown
The companywide closure of a furniture store will result in the closure of its one Wilmington location. Badcock Home Furniture & More, located at 6737 Market Street, will be closing. Stores across all eight states where the company currently operates will also be closing, according to a comment posted by the Badcock Home Furniture & More Facebook page. ...
Traffic lights after 18-wheeler struck power lines on Market St and South Kerr Ave
WILMINGTON, N.C. (WECT) - Police are currently deploying generator power at Market St. and South Kerr Ave. after an 18-wheeler struck power lines. Several traffic lights are currently out at the intersection. Police advise drivers to seek an alternate route.
Wilmington wildlife center gains popularity with raccoon rehab efforts
WILMINGTON, N.C. (WLOS) — Coastal Carolina Wildlife Rehab in Wilmington is gaining attention after making a post on Facebook looking for properties to release restored raccoons, according to WWAY. WWAY reports that just hours after the rehab facility made the post, mass support came pouring in from people offering...
Lumos Technologies completes multimillion-dollar seed funding round
Wilmington-based Lumos Technologies has completed a multimillion-dollar seed funding round. The funds will be used to expand the company’s market presence and accelerate product development. Lumos provides products and services to financial institutions that improve lending efficiency and portfolio risk management while minimizing risk with predictive credit performance models.
First Alert Forecast: rain & storms for now, pleasant weekend ahead
WILMINGTON, N.C. (WECT) - A front will continue to bring scattered downpours to the Cape Fear Region Friday. Be alert for lightning and localized flooding and daytime temperatures mainly in the 80s. Hang on for a sunnier, drier weekend after the front passes. Highs will continue to moderate through the...
NC Attorney General Stein announces $86 million settlement in principle with Indivior
RALEIGH, N.C. (WNCT) — N.C. Attorney General Josh Stein announced an $86 million multi-state settlement in principle with opioid manufacturer Indivior for its role in fueling the opioid crisis. North Carolina state and local governments are anticipated to receive approximately $2.5 million from the settlement in principle. “North Carolinians are dying every day from opioid […]
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