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Category Archive: Regional Resources

Virgin Hyperloop to build Hyperloop Certification Center in West Virginia

(Additional information, including resources from the State of West Virginia, West Virginia University and Marshall University, is available in an online media supplement.) West Virginia,...

$20 Million Small Format Hospital Approved – Fairmont

Mon Health CEO says project will be finished by the end of 2021. Mon Health System received its Certificate of Need from the West...

O’Brien’s Viewpoint: Innovation DNA can fuel Industry 4.0

Between the late 1700s and late 1800s, Pennsylvania became the center of the energy universe. The development of coal, then the discovery of oil...

Black Diamond Realty’s response to COVID-19, a note from our Principal

At Black Diamond Realty, our team has shifted to a work-from-home setup filled with screen sharing, remote server access and unique daily distractions, like...

CARES Act & Other Business Assistance Programs

As our nation navigates through the COVID-19 crisis, businesses are beginning to feel the effects first hand. As a means of financial relief, the...

Monongalia County Starts to see Fruits of its Labor, Continues to Grow

Monongalia County is, according to area officials, in a state of economic development that residents are finally going to be able to see with...

Mon Health Seeks Equal Treatment When State Reviews Fairmont Hospital Projects

Mon Health System hopes that it will be treated on par with WVU Hosptials when the state Health Care Authority evaluates their somewhat parallel...

Why the Future of Retail is Offline

Today, we announced Fifth Wall’s $100 million Retail Fund (see coverage in The Wall Street Journal). This fund seeks to invest in emerging brands and...

100-Bed Hospital In Fairmont Awaits Approval

WVU Medicine said Friday it will file a certificate of need with the state to construct a 100-bed hospital in Fairmont on property it...

Pending Announcement of Ohio Cracker Plant

PPTDLM Cracker’s FID Mid-Year. PTT Global Chemical is on track to make a final investment decision for a long-discussed ethane cracker plant in southeastern Ohio...

Marcellus/Utica Poised for Growth as Another Big Shale Play Slows Down

An expected drop over the next couple of years in the country’s hot crude oil and natural gas play, the Permian Basin in Texas...

Longview Plans to Expand – Officials Seek to Build $1.1B Facility

Right now there are just wild flowers on the empty land next to the Longview Power Plant in Maidsville, just north of Morgantown. But...

First Look: West Virginia University’s Rockefeller Neuroscience Institute

Walking through the new WVU Rockefeller Neuroscience Institute’s Innovation Center, you get the feeling you’re trodding into the future of the treatment of brain...

Job Creation, Clean Power Generator, Natural Gas Consumer

Longview Power has taken the next step to make it planned combined cycle gas-fired power plant a reality. The company announced late Thursday it...

Cautious optimism in Monongalia County over Mylan Merger

Over the course of the next year, executives with the new company that will be formed from the merger between Mylan and Upjohn, a...

Opportunity Zones – What You Need to Know…

New federal government tax program benefits investors who place their money into Qualified Opportunity Zones. But what is a Qualified Opportunity Zone (aka QOZs,...

Congratulations, Mark J. Nesselroad – Generation Next 40 Under 40

The State Journal has been recognizing and honoring young professionals throughout West Virginia as part of Generation Next: 40 under 40 for the past...

Economic Experts Tout Potential of Natural Gas Development

Growth in the state’s energy industries, along with the construction projects that come with it, offers many economic opportunities, but there is a balance...

WVU Medicine set to add 5th hospital in 2 years

Twenty-three years later, the major mission to increase West Virginians’ access to healthcare remains largely unchanged. While the mission continues, some of what WVU...

Newsweek names WVU Medicine among World’s Best Hospitals

WVU Medicine has been recognized by Newsweek as part of its inaugural list of the World’s Best Hospitals. According to Newsweek, the World’s Best Hospitals...

Old Morgantown Ramada Inn Property to House Non-Profits that Address Homelessness

Wednesday, Monongalia County commissioners discussed the future of the old Ramada Inn property located on Scott Avenue in Morgantown. The property was recently purchased by...

Natural Gas Power Plant to Provide Economic Catalyst to Harrison County & WV

A new natural-gas-fired power plant in Harrison County is expected to be operational by fall of 2021, according to a company official. Groundbreaking on...

Bridgeport, WV Economic Development 2019 – VIDEO

Bridgeport has become a leader in economic development in West Virginia. Bridgeport is featured in this video by the West Virginia Municipal League as...

Morgantown, WV – 2018 Top 100 Best Places to Live

#43 On the Best Places to Live list for 2018, Morgantown appears on Livability.com’s Top 10 Cities for Affordable Health Care. Known primarily as home to...

DOE Report shows potential for petrochemical Hub in Appalachia

A recent study conducted by the U.S. Department of Energy further validated the benefits of and need for the Appalachian Storage and Trade Hub....

The Real Way McDonald’s Makes Their Money—It’s Not Their Food

McDonald’s sells a lot of food. Like, a lot of food. We’re talking enough food to serve more than 70 million people every day, with more...

8,000 Jobs Added Within Past Decade in North Central WV

North Central West Virginia continues to lead the state in economic progress, according to local experts. Although many other areas of the Mountain State...

2018 Takeaways

This monthly newsletter serves to reflect on the past year’s successes and challenges. Two thousand eighteen was a record-breaking year for Black Diamond and many other companies in north...

What To Know About 1031 Tax Exchange

At Black Diamond Realty, one of our goals is to educate our clients and help them build wealth over time via real estate investments...

White Oaks continues development in 3-phase build-out

White Oaks continues development in 3-phase build-out. The White Oaks planned business community comprises 470 acres that are home to offices, FBI support services,...

An Increase In Leads Generates Closed Deals

Historically, the commercial real estate market tends to slow during the winter season. At Black Diamond, we can confidently report the trend is quite the...

February Newsletter: Local Business For Sale Creates Big Opportunity

View our February Newsletter: Local Business For Sale Creates Big Opportunity Click Here!

The Dominion Post – From the Desk of Mark Nesselroad

January Newsletter

View our January Newsletter: 2017 Deals Closed – New Year, New Offerings Click Here!

Happy 2018! Another Year Is In The Record Books

We hope you and your family had an enjoyable holiday season. The new year is a time to reflect and project. This monthly Black...

December Newsletter

View our December Newsletter: The “Retail Apocalypse” Is Not Among Us All Click Here!

The Retail Apocalypse Is Not Among Us All

“The Retail Apocalypse” is a great catch phrase that grabs attention. News outlets make sensational claims that Amazon is destroying the retail sector and that,...

Defense In Depth to cater to new and experienced shooters

MORGANTOWN — Defense In Depth, a new firearms education/training center and retailer in Morgantown, aims to cater to the needs of new and experienced...

The Tides Are Turning For West Virginia

West Virginia announces $83.7 billion gas development deal with China Energy CHARLESTON, W.Va. — The state Department of Commerce announced overnight an agreement with China...

November Newsletter

View our November Newsletter: Must See Investment Opportunity Inside!! Click Here!

September Newsletter

View our September Newsletter: Black Diamond Trophy Reenergizes a Rivalry While Industrial Demand Ramps Up Click Here!

2017 Sectors In Demand

Our team is often asked, “How is the market?” Some brokers may respond with a generic, “good”. If you are interested in a general...

August Newsletter

View our August Newsletter: NEW Par Mar Store + Restaurant Opening Soon In Morgantown Click Here!

July Newsletter

View our July Newsletter: See What’s OPENING SOON In The Sabraton Plaza! Click Here!

June Newsletter

View our June Newsletter: Summer Fun Awaits! See Where… Click Here!

May Newsletter

View our May Newsletter: 100+ Acre Interstate Development Located In… Click Here!

April Newsletter

View our April Newsletter: See What’s Coming To Morgantown In 2018… Click Here!

BDR’s March Newsletter

View our March Newsletter: Our Latest Offering Could Be Your Next Investment Asset! Click Here!

Real Estate Investing 101

Are you putting all of your eggs in one basket? What is the first rule of thumb your financial advisor will work hard to...

BDR’s February Newsletter

View our February Newsletter: The Possibilities Are Endless With Our Latest Offering! Click Here!

BDR’s January Newsletter

View our January Newsletter: 2016 Was A Great Year, See Why 2017 Will Be Even Better! Click Here!

Reflecting & Projecting

REFLECTING ON 2016 There were some economic positives in 2016. Interest rates remained low while capital slowly became more attainable, resulting in a demand...

BDR’s December Newsletter

View our December Newsletter: You’re Invited! We Have Exactly What You Have Been Searching For! Click Here!

BDR’s November Newsletter

View our November Newsletter: You’re Invited! Who doesn’t love free food and drinks? Click Here!

BDR’s October Newsletter

View our October Newsletter: Black Diamond Realty Celebrates its 3rd Birthday! Click Here!

Getting Started in Real Estate

When we speak with clients and investors who are looking to get into real estate investing for the first time, there are typically two...

The Internal Rate of Return and Measuring Real Estate Investments

When looking to invest in real estate, it is a good idea to establish a “hurdle rate” or minimum rate of return expected from...

The Basics of Commercial Leasing (Pt 2)

My previous blog post detailed the basics of the most common types of lease agreements.  However, there can be much more to a commercial...

The Basics of Commercial Leasing

Nearly everyone has experience with residential leasing at some point in their life.  Residential leases are typically straightforward, outlining the responsibilities of the landlord...

The Time Value of Money (TVM)

The Time Value of Money (TVM) is an important factor when analyzing commercial real estate opportunities for investment.  The TVM is the idea that...

Capitalization Rates in Real Estate

Capitalization rates in real estate are used to determine the purchase price of real estate investment property. They are a common tool used by...

Section 1031 Exchanges

Many successful real estate investors take advantage of Section 1031 Exchanges. A 1031 Exchange can best be described as a real estate sale without...

Off-Market Property

Cash flowing properties are excellent wealth builders that can add a tangible asset to an investment portfolio.  Unlike stocks, investors can see and touch...