Commercial Real Estate Update

Brewery To Begin Pouring Soon Repurposing of former stockyards and auction house industrial sites is almost complete. New Belgium Brewing will be making beer in about six weeks at its West Asheville/River Arts District brewery. The Asheville Citizen-Times, Tony Kiss, reported that New Belgium will open its Liquid Center tasting room in February 2016, with tours… Read more »


POP QUIZ: Real Estate Market Facts

  (ANSWER): True–27 tracts of land of 10 acres or more have sold in Buncombe, Haywood, Henderson, Madison, Polk, Rutherford, and Transylvania counties in the last 90 days. Land sales are in the very beginning stages of improving. Understanding the fluctuations in the real estate market is important for making confident real estate decisions when… Read more »


Ranked 5th Among Top 25 Commercial Real Estate Brands

  NAI Global Ranked Fifth Among Top 25 Commercial Real Estate Brands in 14th Annual Lipsey Survey For Immediate Release DOWNLOAD: NAI Lipsey Top 5 Survey Press Release Asheville, NC – March 3, 2015: NAI Global, the world’s largest, most powerful network of owner-operated commercial real estate firms, earned the fifth spot in the 2015 Lipsey Survey… Read more »


NAI Beverly-Hanks: Asheville Industrial Market Update

U.S.’s Vacancy Decreases to 6.8% The Asheville Industrial market saw vacancies rise and rental rates decrease from the first quarter 2015 to the second quarter 2015. The overall vacancy rate currently sits at 6.4%, from 6.3% in the previous quarter. Rental rates ended the quarter at $3.97 per square foot, from $4.45 in the previous… Read more »


National Existing Home Sales: August 2015

Nationally a shortage of inventory is slowing the sales space, but that’s not necessarily the case in Western North Carolina. NAI Beverly-Hanks Economic Update Bloomberg.com Though slowing in August, existing home sales are still healthy and trending higher. Existing home sales came in at a lower-than-expected 5.31 million annual rate in August which is the… Read more »


Real Estate Investing

What Should You Know? MSN Money.com’s powerful chart demonstrates what a fantastic return investment real estate has been from January 2000 through November 2011. What is investment real estate? According to Investopedia.com, it is “real estate that generates income or is otherwise intended for investment purposes rather than as a primary residence.” If you’ve been… Read more »


Being a Landlord, Not as Hard as You Think…

Great Time For Real Estate Investing You’ve probably heard or read that now is a great time to invest in real estate.  Prices are down (!), interest rates are low (!), but you hesitate.  It sounds too good to be true and you’ve been burned before.  Remember the dot-com bubble?  Yet, your interest is piqued… Read more »


2nd Annual Asheville Land Development Conference

Presented by Beverly-Hanks & Associates Asheville, NC (January 11, 2011) – The second annual Asheville Land Development Conference will happen March 3rd and 4th 2011 at the Biltmore DoubleTree hotel in Asheville, North Carolina. A two-day event comprised of forty-five professional development sessions and a trade show.  The primary purpose of the ALDC is to… Read more »


Private Mountain Communities Announces Expansion

Neal Hanks, owner of Beverly-Hanks & Associates, announced today that he is now a 50% partner and co-owner of Private Mountain Communities (PMC) with Harry Redfearn, the Founder and President of PMC. As the Western North Carolina real estate market continues to strenghten, Redfearn and Hanks believe timing is optimum for growing the company to… Read more »


First look at house on Tiger Woods' NC golf community

From WCNC ASHEVILLE, N.C. — Tiger Woods’ first U.S. golf course is under construction near Asheville. The owners of the first home in the community just closed on the house. The couple from Charlotte gave NewsChannel 36 an exclusive tour of the house. “You’ve got a panoramic view of western North Carolina,” said Kathy Levy,… Read more »