Monday's headlines from the Charleston Regional Business Journal

COG lending $560,000 to tri-county businesses

Berkeley, Charleston and Dorchester county businesses that have lost revenue because of the pandemic can apply for $10,000 to $100,000 loans from a new revolving loan fund of the Berkeley-Charleston-Dorchester Council of Governments.

Charthouse Apartments on James Island sells for $8.5 million

Durham Hill Capital LLC and Hoplite Capital Strategies acquired the Folly Road apartment complex in an effort to grow their Southeast real estate portfolio. Both companies are said to be looking for additional properties to further grow their portfolios.

Developer: 'Progress will continue' after fire in Columbia

The historic Babcock building in downtown Columbia caught fire over the weekend. Hughes Development Corp., master developer of the BullStreet District, said site cleanup had begun before the fire and that the project, being undertaken by a Virginia developer, would continue.

Hot Properties

Carlmichael Harrison of Beach Commercial represented the landlord, The Beach Co., in the lease of 1,180 square feet of retail space at 1960 Riviera Drive in Mount Pleasant to Izzy's Scoops & Sweets LLC.

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