Charlotte entrepreneur faces foreclosure on new homes he’s trying to sell to potential buyers

CHARLOTTE, NC (WBTV) – Two modern duplexes on Julia Maulden Place near Optimist Hall have long been under construction by Charlotte standards.

Mecklenburg County records show the original permit was retired in July 2020.

Meanwhile, potential buyers have come and gone, complained of catastrophic construction flaws and been embroiled in the financial entanglements of construction company City View Terraces.

A WBTV investigation found dozens of lawsuits, liens and judgments filed against the company that could prevent buyers from closing on new homes and threaten their deposits.

Real estate attorney Ralph McMillian took a close look at the volume of judgments and liens when a realtor contacted him to help close one of City View’s properties. His findings were detailed in a complaint filed with the North Carolina Real Estate Commission.

City View Terraces’ legal name is R-Cubed Charlotte Investment Group, and the company is owned by Chris Bradshaw. Bradshaw is licensed in North Carolina as a Realtor and General Contractor.

City View’s website touts its luxury homes in some of Charlotte’s hottest neighborhoods.

Building these homes is expensive, and recordings uncovered by WBTV suggest the company is massively in debt.

“Oh, that was awful. He had so many privileges against him frankly, I didn’t think we would do this loan at all,” McMillian said.

In his more than four decades of legal practice, McMillian said it was one of the most complicated closings he had ever done.

To close on a home, you must have what is called “clear title”, which means there are no liens or judgments against the property.

But WBTV found dozens of liens and judgments filed against Bradshaw and R-Cubed over the past three years.

“It’s his business model of paying you later. Just, point blank, drop a lien,” Garage Door Doctor owner Mark Brummond said.

Brummond completed several houses for Bradshaw. In a complaint he filed with the North Carolina Licensing Board for General Contractors, Brummond said he had trouble convincing Bradshaw to pay the bills and that Bradshaw had just told him to file a lien against him.

The licensing board took no action on Brummond’s complaint.

But Brummond isn’t the only one complaining or trying to make Bradshaw pay.

Court records show that more than a dozen contractors filed liens against R-Cubed properties or sued them for not paying on time.

WBTV asked Bradshaw for an interview for this story, his attorney answered our questions instead via email.

The attorney claimed that all liens filed against R-Cubed had been paid. In North Carolina, court records are not available online, which makes verifying this claim extremely difficult. WBTV found several liens and judgments that appeared to be outstanding and were filed as recently as December 2021.

In an email sent Thursday to WBTV, Bradshaw also claimed there were no outstanding liens.

“He won’t change, so I’ll show up,” Brummond advised his fellow contractors.

Records show that many potential buyers don’t know this information until it’s too late.

In complaint filed with Real Estate Commission, homebuyer describes paying $25,000 deposit only to later find Bradshaw’s company has more than $1.5 million in judgments, liens and lawsuits filed against him , suspended above the property. The plaintiff said Bradshaw denied the lien claims and “did not disclose judgments that would prevent him from closing.”

Bradshaw’s attorney disputed that complaint and said “the (complainant) is confused as to what is and is not a title-impacting lien”. He said the house closed last year.

In another complaint filed with the NC Licensing Board for General Contractors, a buyer claims to have entered into a contract for one of the condos on Julia Maulden Pl and paid a $30,000 deposit. But inspections by the home buyer revealed major construction flaws and the “depot is being held hostage by Bradshaw”.

A third-party inspector hired by the owner detailed many construction issues and wrote a scathing review.

“I’ve been home inspection since 1986 and I’ve never seen anything like it,” the inspector wrote.

Referring to photos of the construction work, the inspector noted the following.

“This is supposed to be engineered trusses at an angle that weren’t ordered and installed, and someone tried to invent something after I fear it will collapse in the near to come up.”

Bradshaw’s attorney claimed the framing issues were eventually fixed and, after WBTV began asking questions, the buyer was refunded $28,000 of the deposit, an amount he had previously suggested but not given.

In a lawsuit still pending in court, a homebuyer claims the closing of one of R-Cubed’s properties was so delayed by Bradshaw trying to clear title, that the buyer ended up paying additional thousands of dollars to keep his mortgage rate locked in.

Bradshaw’s attorney says the claim is categorically false and wrote “title passed to purchaser pursuant to deed”.

He also said that two other lawsuits against Bradshaw that WBTV had uncovered had been paid for “all alleged defect remediation costs associated with their homes, and then some.”

Since the condos are under construction near the Optimist Pavilion, they are about to enter a new phase.

Court records show that R-Cubed’s lender filed two foreclosure notices. The total amount Bradshaw borrowed for the two properties is nearly $1.4 million. The hearing for the seizures is scheduled for February 1.

In an email, Bradshaw’s attorney wrote “There have been delays associated with construction due to the coronavirus pandemic and the death of a subcontractor…however, these units will no longer be entered in the coming weeks as more progress is made.”

Property records also show that several people have entered into contracts for the same properties on Julia Maulden Pl. It is not clear if several buyers currently have an interest in the same property.

In an email to WBTV Bradshaw wrote “If a buyer is not satisfied we will simply refund their deposit and re-list the property for 5-10% more.”

WBTV also obtained copies of Bradshaw’s applications and renewal forms from the NCLBGC. The forms show that over a period of four years, Bradshaw did not disclose any liens or judgments against him.

WBTV also found a bankruptcy filed by Bradshaw in Massachusetts in 2010. This was also not disclosed in its application.

WBTV has previously investigated contractors falsifying forms submitted to the NCLBGC and lawmakers have even moved to allow the licensing board to conduct background checks.

In his email to WBTV, Bradshaw said, “I asked if I should change my candidacy, they don’t care.”

The licensing board confirmed Bradshaw had called but would not comment on his pending case.

WBTV previously reported an example of the licensing board filing its own complaint after discovering that a contractor had tampered with application and renewal forms.

The NCLBGC and NCREC complaints filed in 2021 against Bradshaw are still under investigation.

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