News | Black Diamond Realty

At Black Diamond Realty, we work to provide continual resources, tips, articles and education for your commercial real estate needs.

Our news page is dedicated to providing our clients and customers with an online resource center to find helpful and relevant information on the Morgantown (Monongalia County), Bridgeport/Clarksburg (Harrison County), and Fairmont (Marion County) regions, but also regional and state-wide trends throughout West Virginia, Pennsylvania and Ohio. Check out our monthly newsletters plus visit some pertinent economic news affecting real estate markets serviced by Black Diamond Realty.

Smoothie King Coming to University Park

Black Diamond Realty is proud to share that it has brokered a transaction for another great addition to to WVU’s University Park development in...

UNIVERSITY PARK IHOP® RESTAURANT HOSTS GRAND OPENING BENEFITING WVU MEDICINE CHILDREN’S

University Park – IHOP Grand Opening Celebration Pancake Eating Competition to Follow Formal Ribbon Cutting Ceremony WHAT: IHOP® Restaurants will celebrate the Grand Opening...

Morgantown Board of Realtors Holiday Luncheon

The Black Diamond Realty team had a great time celebrating the holiday season at the Morgantown Board of Realtors Holiday Luncheon on December 10,...

Black Diamond Cheers on the Mountaineers

It was a great day to be a Mountaineer, wherever you may be! The Black Diamond Realty team took in West Virginia University’s upset...

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...

Rosenbaum Family House

Black Diamond Team Serves Dinner to the Guests of Rosenbaum Family House On October 15, 2015, the Black Diamond Realty team was honored to...

Black Diamond Participates in The Mountain Mama 8K

Black Diamond team members David Lorenze and Ryan Smyth were proud to take part in the inaugural Mountain Mama 8K race that was held...

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...

Habitat for Humanity Work Day for Black Diamond

Members of the Black Diamond Team, David Lorenze, Murphy Holloway, and Ryan Smyth, didn’t let a little rain stop them from enjoying a great...

IHOP Coming to University Park at Evansdale

Black Diamond Realty is proud to announce that it has brokered a transaction with Country Road Restaurants, Inc. to bring an IHOP restaurant to...

Team Enjoys Attending Pittsburgh Penguins Game

On March 12, members of the Black Diamond Realty team enjoyed a great evening together in Pittsburgh attending a Pittsburgh Penguins game. This afforded...

Additional Local Links & Resources For North Central West Virginia

Morgantown Convention and Visitors Bureau

The Greater Morgantown Convention and Visitors Bureau (CVB) seeks to create a positive economic impact on the Greater Morgantown area by aggressively marketing to visitors, specifically the leisure, conference, sports and special events, and group tour markets.

Morgantown Area Economic Partnership

The Morgantown Area Economic Partnership (MAP) is a nonprofit, public-private sector partnership that provides development assistance to the business community of Monongalia and Preston counties.

Main Street Morgantown

Main Street Morgantown (MSM) is a 501(c)(3) non-profit organization dedicated to the continued revitalization of downtown Morgantown and the Historic Wharf District. Downtown Morgantown is an attractive, clean, safe center of commerce, government and education.

Morgantown Area Chamber of Commerce

The Morgantown Area Chamber of Commerce is dedicated to the betterment of the Morgantown area through active involvement, leadership and education. We are here to serve you, the business person, in many ways.

Monongalia County Commission

The Monongalia County Commission website features news, updates, events and resources on your elected county officials. The Commission meets each Wednesday at 10:00 AM on the 2nd floor of the County Courthouse at 243 High Street in Morgantown.

Harrison County Economic Development Authority

The Harrison County Economic Development Corporation works with other state and federal organizations to promote the many advantages of the region. For companies looking to expand or relocate, the area provides countless business and quality of life advantages.