Greater Wilmington Business Journal

Greater Wilmington Business Journal The Greater Wilmington Business Journal is the region's source for business news.
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Greater Wilmington Business Journal is the Wilmington, NC region's number one resource for business news and information.

Washington, D.C.-based real estate platform RCKRBX recently launched in several North Carolina markets, including Wilmin...
01/24/2025

Washington, D.C.-based real estate platform RCKRBX recently launched in several North Carolina markets, including Wilmington.

A real estate platform that offers multifamily developers data about current and prospective renters recently launched in several North Carolina markets, including Wilmington. Washington, D.C.-based firm RCKRBX (pronounced “rockerbox”) uses surveys along with datasets from the U.S. Census Bureau...

The real estate development, building and management company, which has corporate offices in Virginia and North Carolina...
01/24/2025

The real estate development, building and management company, which has corporate offices in Virginia and North Carolina, is bringing its multifamily and single-family brands to the Port City.

For HHHunt, Wilmington ticked all the boxes. The real estate development, building and management company, which has corporate offices in Virginia and North Carolina, is bringing its multifamily and single-family brands to the Port City. HHHunt is set to build a 253-unit apartment complex in Ogden o...

IN THE ISSUE:  “In 2025, we anticipate continued growth in both the number of luxury homes sold and their pricing, drive...
01/24/2025

IN THE ISSUE: “In 2025, we anticipate continued growth in both the number of luxury homes sold and their pricing, driven by sustained demand from high-net-worth buyers attracted to Wilmington’s vibrant coastal lifestyle and economic vitality.”

Photo courtesy of Landmark Sotheby’s International Realty

Luxury real estate professionals in Wilmington see a bright future for their market after some sparkling sales in 2024, resulting in optimism for this year while inventory remains a concern. The market “continues to show remarkable strength and resilience, with record-breaking sales volumes and si...

01/24/2025
🎨✨ Join us for the Book on Business Reveal Party, where local artists will showcase their work – and the cover artist wo...
01/24/2025

🎨✨ Join us for the Book on Business Reveal Party, where local artists will showcase their work – and the cover artist won’t know they’ve been chosen until the big reveal! 🖼️ It’s an exciting evening celebrating art and business in Wilmington. You won’t want to miss it!

RSVP HERE: https://tinyurl.com/sa7s9zu8

Crews continued to clear ice and snow from roads across the Cape Fear region on Thursday.
01/23/2025

Crews continued to clear ice and snow from roads across the Cape Fear region on Thursday.

Crews from the N.C. Department of Transportation’s (NCDOT) Division 3 continued road-clearing operations on Thursday across the Cape Fear region. NCDOT Communications Officer Lauren Haviland noted that Thursday’s slightly warmer temperatures and sunlight would be “of great help” as crews cle...

In its fourth-quarter and year-end earnings release this week, Live Oak Bancshares reported a mixed bag of results.
01/23/2025

In its fourth-quarter and year-end earnings release this week, Live Oak Bancshares reported a mixed bag of results.

In its fourth-quarter and year-end earnings release this week, Live Oak Bancshares reported a mixed bag of results. Total revenue and earnings per share, along with loan and lease origination, were down from the previous quarter and missed analysts’ targetsl. Compared with those measures from a ye...

🌟 Feast Wilmington is Coming! 🌟Halfway through January, and we’re dreaming of warmer weather and Wilmington’s most incre...
01/23/2025

🌟 Feast Wilmington is Coming! 🌟

Halfway through January, and we’re dreaming of warmer weather and Wilmington’s most incredible flavors—all coming together in March! 🍷🍴

Sponsorships are the best way to level up your Feast experience. More perks, more exposure, more fun.

👉 Click the link to learn about sponsorship opportunities!
https://tinyurl.com/5386r83x

📸: Matt Ray Photography

Wilmington chefs Sunny Gerhart and Lauren Krall Ivey of Olivero have been named semifinalists for the James Beard Founda...
01/22/2025

Wilmington chefs Sunny Gerhart and Lauren Krall Ivey of Olivero have been named semifinalists for the James Beard Foundation’s Best Chef Southeast Award.

Wilmington chefs Sunny Gerhart and Lauren Krall Ivey of Olivero were named semifinalists for the James Beard Foundation’s Best Chef Southeast Award on Wednesday. “I am deeply honored to be nominated alongside Sunny and so many talented names in the hospitality industry,” said Krall Ivey. “We...

The potential sale would include roughly 34,000 square feet of commercial space on the ground floor of downtown Wilmingt...
01/21/2025

The potential sale would include roughly 34,000 square feet of commercial space on the ground floor of downtown Wilmington’s River Place complex.

Wilmington leaders are set to negotiate the sale of roughly 34,000 square feet of commercial space on the ground floor of downtown’s River Place complex to developer East West Partners. Since 2018, East West Partners has leased the commercial space at 202 N. Water St. from the city through a groun...

Have your people meet our people. 👥✨Join us at Biz After Hours, where connections happen over great conversations and go...
01/21/2025

Have your people meet our people. 👥✨

Join us at Biz After Hours, where connections happen over great conversations and good vibes. Whether you’re building your network or catching up with colleagues, this is the place to be!

RSVP HERE: https://tinyurl.com/4nmfkrkc

The negotiated rate increases for homes in the New Hanover, Brunswick and Pender county beach areas are 16% as of June 1...
01/20/2025

The negotiated rate increases for homes in the New Hanover, Brunswick and Pender county beach areas are 16% as of June 1 this year and 15.9% next year.

Homeowners in the Wilmington region will start paying more for their homeowners' insurance after state officials negotiated lower rate hikes than insurance companies asked for last year. The negotiated rate increases for homes in the New Hanover, Brunswick and Pender county beach areas are 16% as ...

GE Hitachi Nuclear Energy has joined a coalition of utility and supply chain companies working to accelerate the deploym...
01/20/2025

GE Hitachi Nuclear Energy has joined a coalition of utility and supply chain companies working to accelerate the deployment of its BWRX-300 small modular reactor in the U.S.

Wilmington-headquartered GE Hitachi Nuclear Energy has joined a coalition of utility companies and supply chain firms working to accelerate the deployment of its BWRX-300 small modular reactor (SMR) in the U.S. GE Hitachi Nuclear Energy, which operates as GE Vernova’s nuclear energy business, anno...

We know 3 things that are going to be on the cover of the 2025 Book on Business! Thank you to our title sponsors, WorldL...
01/20/2025

We know 3 things that are going to be on the cover of the 2025 Book on Business! Thank you to our title sponsors, WorldLine Networks, New Hanover County Government, and Cape Fear Solar Systems! Your partnership helps us celebrate Wilmington’s business community and connect leaders across the region.

📅 Join us on February 3 for the big BOB reveal at Lumina on Wrightsville Beach.

🎟 RSVP now: https://tinyurl.com/sa7s9zu8

Big conversations are coming your way! 👥☕  The next Power Breakfast is on February 27th, bringing Wilmington’s business ...
01/17/2025

Big conversations are coming your way! 👥☕

The next Power Breakfast is on February 27th, bringing Wilmington’s business leaders together for insightful discussions and connections that matter.

Stay tuned for more details – you won’t want to miss this opportunity to engage with our community’s top minds!

We’ve been listening to our readers, and we’re excited for you to see the redesigned Business Journal! 🎉 Expect fresh fe...
01/16/2025

We’ve been listening to our readers, and we’re excited for you to see the redesigned Business Journal! 🎉 Expect fresh features like In The Zone covering key business activity, plus special sections on Workforce + Recruiting, Tech Wilmington, and Nonprofits + Fundraising. 📊 Also, we’ll be publishing the Business Journal monthly!

🔗 Subscribe now to make sure you don’t miss a single issue!
wilmingtonbiz.com/subscribe

Live Oak Bank recently launched a team of Wilmington-centric commercial bankers focused on middle-market lending.
01/16/2025

Live Oak Bank recently launched a team of Wilmington-centric commercial bankers focused on middle-market lending.

Like the tree for which it’s named, Live Oak Bank has spent much of its nearly two decades spreading its roots and canopy wide. Recently, however, it’s also sending roots deeper into its Wilmington soil.   The bank’s latest step in cultivating the area market is launching a team of Wilmington...

BREAKING NEWS: Epsilon Advanced Materials officials say the company has secured $115 million in federal tax credits to s...
01/15/2025

BREAKING NEWS: Epsilon Advanced Materials officials say the company has secured $115 million in federal tax credits to support its plans for a $650 million Brunswick County facility.

Epsilon Advanced Materials officials say the company has secured $115 million in federal tax credits to support its plans for a $650 million graphite manufacturing facility in Brunswick County. The company, which makes graphite for electric vehicle batteries, announced the tax credit news in a Linke...

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The Business Journal started BizTalk discussions to give our audience a more direct and personal way to stay informed, particularly as we’re all being socially distant. You’ll be able to write in questions and comments during the Facebook Live discussion.

To see previous BizTalks as well as the Business Journal’s coverage on the coronavirus, click here. For BizTalk topic suggestions, story ideas and OPENBIZ info listing current business resources and ways area businesses are serving customers in this time of change, contact [email protected].