Posted in lowe's home improvement

Lowe’s donates $9.25 million to Charlotte groups, businesses

Lowe’s Home Improvement store is donating $9.25 million in funding, products and gift cards to organizations in Charlotte to keep “homes safe, healthy and affordable” amid the coronavirus crisis.

Lowe’s announced Tuesday it is making the donations in a combination of funding, products and gift cards to nearly 30 local charitable groups and businesses for affordable housing, skilled trades training and technology, the company announced Tuesday.

The Mooresville-based company is extending how it thinks about the word home, company executive vice president of human resources Janice Dupré Little said.

Dupré Little told the Observer the donations are another step in the company’s efforts to help with community projects. Lowe’s also has an employee volunteer program that has been focused on affordable housing and skilled trades over the last year.

“We really need to make sure that we can support all members of our community,” she said.

Some of the

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Posted in lowe's home improvement

Lowe’s donates over $9 million to help keep homes safe and affordable in Charlotte

Lowe’s Home Improvement store is donating $9.25 million in funding, products and gift cards to organizations in Charlotte to keep “homes safe, healthy and affordable” amid the coronavirus crisis.

Lowe’s announced Tuesday it is making the donations in a combination of funding, products and gift cards to nearly 30 local charitable groups and businesses for affordable housing, skilled trades training and technology, the company announced Tuesday.

The Mooresville-based company is extending how it thinks about the word home, company executive vice president of human resources Janice Little said.

Little told the Observer the donations are another step in the company’s efforts to help with community projects. Lowe’s also has an employee volunteer program that has been focused on affordable housing and skilled trades over the last year.

“We really need to make sure that we can support all members of our community,” she said.

Some of the Charlotte hometown

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Continue Reading Lowe’s donates over $9 million to help keep homes safe and affordable in Charlotte
Posted in lowe's home improvement

1 killed in Charlotte home late Friday, police say

Police are investigating the killing of a person in a Charlotte home late Friday.

The victim was stabbed, Charlotte Observer news partner WBTV reported.

Police said they responded to a report of an assault with a deadly weapon in a home in the 5000 block of Cheval Place just after 8:30 p.m. The house is off North Sharon Amity Road in east Charlotte.

MEDIC responders pronounced the victim dead, police said in a news release.

CMPD has not disclosed how the person died, only that they found the victim with a wound.

The victim was a 20-year-old man who was arguing with someone he knew, WSOC-TV reported. Police haven’t released the victim’s name and age or said if anyone was arrested.

Officers have talked with witnesses and are “not looking for any suspects at this time,” according to the Charlotte-Mecklenburg Police Department release.

Anyone with information is asked to call

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Posted in lowe's home improvement

COVID-19 in Charlotte: Positivity rate stable, caseload low

A carefully watched coronavirus metric — the percent of positive tests — is stable in Mecklenburg County after steadily falling for the last 12 weeks, the latest public health data show.

The weekly average positivity rate locally is 5.7%. In North Carolina, the governor and health officials have said they want the percent of positive tests to reach 5% before contemplating reopening more businesses.

That’s in line with the World Health Organization’s guidance for states still seeing widespread COVID-19 transmission. “If a positivity rate is too high, that may indicate that the state is only testing the sickest patients who seek medical attention, and is not casting a wide enough net to know how much of the virus is spreading within its communities,” according to Johns Hopkins University Coronavirus Resource Center.

The Charlotte region continues to see improvement with other coronavirus trends, including the daily caseload and hospitalizations. But Mecklenburg

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Posted in home improvement loans

Kennedy Funding Closes $3 Million Land Loan for Portion of Former Murdock Village Site in Port Charlotte, Florida

ENGLEWOOD CLIFFS, N.J., Sept. 23, 2020 /PRNewswire/ — A long-promised commercial center in Port Charlotte, Florida, will soon be underway, thanks to Kennedy Funding.

The Englewood Cliffs, New Jersey-based direct private lender today announced the closing of a $3 million loan to Lost Lagoon Development for the acquisition of 101.46 acres of land located at 17512 Toledo Blade Boulevard in Port Charlotte.

Lost Lagoon Development purchased the property for $3.755 million – and Kennedy Funding closed the loan – at 80% of the purchase price.

“A commercial real estate loan at 80% loan-to-cost, particularly on raw land, is quite rare in the hard money space,” said Kevin Wolfer, CEO, Kennedy Funding. “Knowing the contract contained several contingencies for rezoning and site plan approvals significantly increased this property’s value and made this an extremely unusual and attractive arrangement. Once the borrower secured the approvals, we were able to quickly close.”

Arredondo

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Posted in home improvement loans

Kennedy Funding Closes $3 Million Land Loan for Portion of Former Murdock Village Site in Port Charlotte, Florida | Nachricht

ENGLEWOOD CLIFFS, N.J., Sept. 23, 2020 /PRNewswire/ — A long-promised commercial center in Port Charlotte, Florida, will soon be underway, thanks to Kennedy Funding.

The Englewood Cliffs, New Jersey-based direct private lender today announced the closing of a $3 million loan to Lost Lagoon Development for the acquisition of 101.46 acres of land located at 17512 Toledo Blade Boulevard in Port Charlotte.

Lost Lagoon Development purchased the property for $3.755 million and Kennedy Funding closed the loan at80% of the purchase price.

“A commercial real estate loan at 80% loan-to-cost, particularly on raw land, is quite rare in the hard money space,” said Kevin Wolfer, CEO, Kennedy Funding. “Knowing the contract contained several contingencies for rezoning and site plan approvals significantly increased this property’s value and made this an extremely unusual and attractive arrangement. Once the borrower secured the approvals, we were able to

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Continue Reading Kennedy Funding Closes $3 Million Land Loan for Portion of Former Murdock Village Site in Port Charlotte, Florida | Nachricht