The Tightening Up of Lending

As Lending Standards Tighten, Relationships Matter More Than Ever: With most banks maintaining a conservative approach to lending and the Fed continuing to hold back on interest rate cuts, what’s it like trying to get a CRE deal financed in this environment?

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Mike White
DI’s Post-Pandemic Commercial Real Estate Outlook Remains Cautiously Optimistic

“Even though many workers across the country prefer to work from their living rooms, Mike White of Charleston Industrial remains bullish on the Charleston commercial market partly because of the influx of roughly 35 new people a day moving into the area. He also credits his optimistic outlook with larger Daniel Island companies finding creative ways to use their post pandemic space…”

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Mike White
Father And Child Incorporated: Daniel Island Dads

“Father’s Day is typically a time when dads and kids bond over barbecues and brunches, but for three Daniel Island dads Father’s Day is almost every day. Together they reap the reward of working with their children. Of course this closeness comes with challenges, but these fathers make it look easy…

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Mike White
ELBIT AMERICA OFFICIALLY OPENS NEWEST FACILITY IN SOUTH CAROLINA

With a ceremonial ribbon-cutting, facility tours, and the roll-out of a large military vehicle, Elbit Systems of America (Elbit America) celebrated its newest facility in North Charleston, South Carolina, with employees, customers, and partners. Located at Crosspoint at Palmetto Commerce Park, the manufacturing facility aims to employ hundreds of people and assemble large vehicular systems for the United States military and allied nations. The facility’s initial endeavors will include the manufacturing of Mission Command Platforms for the U.S. Army's Command Post Integrated Infrastructure (CPI2) Program and the Sigma mobile cannon artillery system for the Israel Defense Forces....

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Madeline White
Charleston Area enjoys BoomTown status

“Boomtowns, characterized by prosperity and robust development, are often desirable places to put down roots and take out a mortgage. Economic growth provides employment opportunities and draws new residents. Some places, however, are growing faster than others. That’s why SmartAsset decided to find the cities in America where populations and job opportunities are rising rapidly.”

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Mike White
Daniel Island's 'Robust' Marketplace - Commercial sector continues to evolve

The evolution of Daniel Island’s downtown area is nearly complete – with just a few buildings yet to be constructed. In August, Pete Harper, a commercial real estate broker with Lee & Associates, told The Daniel Island News that the island currently has a 90 percent occupancy rate for office space and 98 percent for retail. Those numbers have remained relatively the same, he noted this month.

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Mike White
BOOMTOWN: Developments Poised To Take Daniel Island To New Heights. What's new in Charleston's island town?

There is an estimated half a billion dollars worth of new development currently underway in Daniel Island’s town center area. Inside this issue, get the latest on the island’s evolving commercial landscape (pages 24-25) and learn more about the vision of one local developer and island resident, who has set his sights on serving up a variety of hometown enhancements.

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Mike White
Lots of Potential Renovation Underway for Daniel Island Office Building

When Blackbaud moved into its new Daniel Island corporate headquarters in June 2018, the technology giant abandoned space it had been renting on the second floor at 146 Fairchild St. The company left behind a deteriorating quarter-century-old building with lots of potential but not much attraction for companies seeking a Charleston address on a peaceful island defined by well-manicured neighborhoods, parks, trails, golf courses, reasonably new schools and a downtown area of shops and restaurants.

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Mike White
Why I Continue to Invest on Daniel Island . . . and Why You Should Too!

Article by Mike White. Published in Daniel Island Life Magazine – September 2017 Issue – Page 9

My beautiful wife, Dr. Alice White, and I celebrated twenty-five fabulous years together this past June. To mark this achievement, we returned to our honeymoon location of Barbados, with all three of our college-aged daughters. Each of our girls, in their own way, expressed their sincere appreciation for having had the special opportunity to grow up on Daniel Island.

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Mike White