Homebuilding retreats after hitting ‘unsustainable’ pace
2022 wasn't quite as busy for builders as 2021 due in large part to interest rate increases.
KC, SomeraRoad agreement on $500M West Bottoms redevelopment emerges
A predevelopment agreement between Kansas City and SomeraRoad Inc. outlines a framework for a $500 million makeover of a big swath of the West Bottoms. A City Council committee will take up the agreement on Wednesday, potentially triggering the start of construction next year on infrastructure and SomeraRoad's projects.
Minneapolis Planning Commission OKs new apartments in North Minneapolis
The Minneapolis City Planning Commission last week approved plans for two apartment buildings in North Minneapolis that could bring dozens of affordable units to Plymouth Avenue.
Austin City Council moves to tighten reins on short-term rentals
Council on Dec. 8 approved the drafting of a resolution that would make it unlawful to collect or receive a fee, directly or indirectly, from unlicensed short-term rental operators. If implemented, the changes could have a major impact on the operations of companies such as Airbnb Inc. and Austin-based Vrbo, for whom the Texas capital is a lucrative market.
M&A Roundup: Capstreet, Lexitas, Veriforce, EnCap Investments announce deals
Merger and acquisition activity continued to be hot throughout November as multiple Houston-based companies, ranging from energy-focused private equity firms to legal services, announced deals.
Charlotte fintech startup Foro aims to eliminate commercial lending hurdles, preps for expansion
Charlotte-based fintech startup Foro is striving to make commercial lending more equitable for growing businesses as it gears up to launch its platform nationwide early next year.
Foro, founded in 2021, serves businesses seeking commercial loans of $250,000 or more. It provides them access to capital by connecting them with a financial institution that meets their specific needs. The fintech company uses modernized data and technology to make the way businesses explore, evaluate and choose a commercial…
Crane Watch: Apartments, airport renovation top permit activity
Removing 650 condominium, duplex, mobile home, single-family home and townhouse permits, the week beginning Dec. 5 had 116 permits for $17,677,026 worth of work.
GL Homes to build in Avenir community
GL Homes purchased hundreds of home lots for development.
$750K filing leads commercial permits issued last week in Albuquerque
The project at 701 Central Ave. NE. is estimated to be about 6,893 square feet and the work is valued at an estimated $750,000.
Katherine cocktail bar opens in Manhattan
Tony Park, founder and CEO of QB Hospitality, is behind the opening of Katherine.