Columbus-based Installed Building Products became a billion-dollar business in 2017
Installed Building Products revenue vaulted 31 percent in 2017, and it's now a billion-dollar business.
Net revenue jumped from $863 million in 2016 to $1.13 billion in 2017, increasing gross profit 28.4 percent to $324 million in the process, the building insulation and construction materials company (NYSE:IBP) reported in its 2017 results. Net income is $41.1 million, up from $38.4 million the previous year.
“IBP’s record 2017 financial and operating results reflect the continued success…
72-apartment community in the works on Bethel Road east of Sawmill
A developer wants to build a 72-unit apartment community on Bethel Road west of Sawmill Road.
A proposal to rezone about 2.5 acres at 3001 Bethel Road passed the Columbus zoning committee this week. What is today a trio of small office properties would be razed and replaced by a three-building apartment complex, according to information from the city.
New Albany-based developer Preferred Living has put forth the plan; Faris Planning & Design is the landscape architect for the site. The application…
New York real estate investor sells Palm Beach mansion for $18M
A company led by New York real estate investor Arthur Minerof sold a Palm Beach mansion, with the Intracoastal Waterway on one site and the Everglades Club golf course on the other side, for $17.68 million.
Milan E.A.T. LLC, managed by Minerof, sold the 9,705-square-foot home at 330 Island Road to the 330 Island Road Trust, led by West Palm Beach attorney Robert G. Simses. It’s not clear who owns the trust. The price equates to $1,822 per square foot.
The property last traded for $6.91 million…
Bids hit $18.5 million in Phoenix Indian School land auction
The U.S. government is auctioning off 15 acres of prime Phoenix real estate.
9 over-the-top ideas from the 2018 Home, Garden & Remodeling Show (PHOTOS)
You might not need a fire pit that dances to music.
Or a 6-foot-tall concrete giraffe for your yard.
But those are some of the over-the-top things you’ll find at the 2018 Home, Garden & Remodeling Show at the Kentucky Exposition Center.
Now in its 70th year, the show is one of the largest of its kind in the country, bringing together more than 300 vendors under one roof.
I toured the show this morning along with our multimedia and design editor, Brooke Timmons, and we assembled this slideshow…
Quadrant plans to build 46 townhomes near Microsoft headquarters
The property is in the Bel-Red corridor about three miles from Microsoft’s growing campus.
Colorado growth-control measure is a non-starter with candidates for governor
If veteranactivist Daniel Hayes can get a growth-limitation initiative on the November ballot, he’ll not only have to contend with Colorado business and municipal groups that are expected to oppose it, but also with gubernatorial candidates from both major parties.
Every significant candidate for Colorado governor has come out against the proposal already.
At a Feb. 8 Colorado Association of Realtors forum, gubernatorial candidates were asked if they support or oppose Initiative 66, which seeks…
Columbus housing authority to put $25M into rehabbing four communities
State funds will help Columbus Metropolitan Housing Authority to renovate over 250 affordable housing units and fund dozens more units in two new communities.
CMHA will spend about $25 million to renovate four communities in east Columbus, the next stage in the group's multiyear effort to modernize the affordable housing options in the city and give a comprehensive overhaul to the 1,424 housing units in its portfolio.
The four communities are 53-unit Eastmoor Square, 50-unit Glenview Estates,…
Top of the Market: More million-dollar homes in Collierville, Downtown and Eads
Three Shelby County homes sold for more than $1 million last week, with two selling for more than $1.3 million.
The No. 5 priciest home of the week sold in Collierville for $734,000. This 2004 home, located on Bayhill Woods Cove, has five bedrooms and four-and-a-half bathrooms in 5,500 square feet.
The week's No. 4 home, located in Germantown's 38139 ZIP code, sold for $810,000. The 5,400-square-foot house, located on Williams Glen Cove, was built in 1999 and holds five bedrooms and five-and-a-half…
140-acre Anne Arundel tract could become parkland instead of housing
A tract of land at the center of a long-running development battle in Anne Arundel County could become park space if a county attempt to purchase the property is successful.
County Executive Steve Schuh announced Thursday that Anne Arundel's government is in talks with Snyder Development Corp. to buy the 140-acre Turtle Run at Deep Cove property in Churchton, a south county community on the Chesapeake Bay.
Snyder Development has tried for more than a decade to win permission to build housing on…