durham – NC Business Desk

Development & Infrastructure

Franklin BSP acquires two Durham apartments in $65 million foreclosure

DURHAM — Franklin BSP Realty Trust affiliates acquired two apartment complexes near Southpoint through a completed $65 million foreclosure transaction.

September 24, 2026

Companies & People

M&F rejects rival proposal ahead of Optus merger vote

DURHAM — M&F Bancorp rejected a rival proposal offering $12 cash plus preferred stock per share as an Oct. 7 vote on its Optus merger approaches.

September 24, 2026

Companies & People

Ramona Optics raises $25 million to expand Durham operation

DURHAM — Ramona Optics raised $25 million to scale sales and engineering as the microscope maker moves into a larger downtown office.

September 23, 2026

Development & Infrastructure

NC conditionally approves 42 more beds for UNC’s $1B Durham hospital

DURHAM — North Carolina regulators conditionally approved 42 more acute-care beds for UNC Health’s planned southern Durham hospital, lifting the campus to as many as 144 beds and…

September 23, 2026

Companies & People

Durham’s IONNA expands fast-charging network to 177 stations

DURHAM — Durham-headquartered IONNA has expanded its EV fast-charging network to 177 live stations across 30 states, including more than a dozen in North Carolina.

September 20, 2026

Companies & People

Kincell Bio, Cellipont complete merger to form Kincellis

DURHAM — Kincell Bio and Cellipont Bioservices completed a merger combining three U.S. cell-therapy development and manufacturing sites under Kincellis Advanced Therapies.

September 18, 2026

Government & Business

Durham launches employee-ownership initiative for local businesses

DURHAM - The City of Durham has launched Keep It Durham-Owned, an initiative to help local business owners develop succession plans and explore employee-ownership transitions.

September 14, 2026

Companies & People

United Therapeutics launches $477.6 million accelerated stock repurchase

DURHAM - United Therapeutics entered a $477.6 million accelerated share-repurchase agreement with Citibank, using the remaining portion of a $2 billion authorization.

September 14, 2026

Companies & People

Fortrea reinstates Jason Knoblauch as chief financial officer

DURHAM - Fortrea Holdings reinstated Jason Knoblauch as chief financial officer after he, the company and his former employer resolved litigation through a settlement and mutual release.

September 13, 2026

Development & Infrastructure

RTI opens $14 million Pilot Xcelerator expansion in Durham

DURHAM - RTI International has opened a $14 million expansion of its Pilot Xcelerator, doubling the research institute's commercialization infrastructure for energy and industrial technologies.

September 12, 2026

Companies & People

Crescent expands leadership roles in Charlotte and Raleigh-Durham

CHARLOTTE - Crescent Communities has expanded leadership responsibilities in Charlotte and Raleigh-Durham as part of five multifamily management changes.

September 6, 2026

Development & Infrastructure

Integral outlines $343M Tribute Rising plan in Durham

DURHAM - Integral Group has filed site plans for its proposed $343 million Tribute Rising redevelopment in Durham’s Hayti community, with construction projected for early 2027 amid unresolved…

September 6, 2026

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