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How can Charlotte attract a convention hotel?

Hotel development is hot in Charlotte, which is benefiting from an ongoing hotel construction boom. But the Queen City is missing one big jewel in its hospitality crown: A hotel large enough to draw mega conventions and popular events such as the Super Bowl.

Why is this important? It brings Charlotte to an entirely new level when it comes to economic development. We have a plethora of nice, new, limited-service hotels and a couple of full-service hotels. Unfortunately, we have only a few luxury hotels. Luckily, a hotel developer tells me that developing a luxury hotel in the city is a “no brainer” and that we can expect Intercontinental Hotel & Resorts to be making an announcement in the future.

Read more at DevelopCLT.com.

Real estate transactions can be fraught with frustration and pitfalls.

Sometimes the hardest part turns out to be working with your broker, the person who is supposed to help you through the complexities. Veteran commercial real estate broker and client advisor John Culbertson discovered that brokers’ interests aren’t always aligned with those of their clients. He realized there was a better way to advocate for clients and get the deal done.

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