As Fairmont Austin hotel rushes to open for SXSW, builders ensnared in legal battle over $370M hotel
After months of delay, the Fairmont Austin is racing to finish construction for South by Southwest, with several events scheduled at the 37-story tower. Behind the scenes, the builders of the mega-hotel are fighting over allegations of fraud and contractual disputes and could face a bench trial next year in the escalating legal battle.
Nashville-based Avondale Partners sells to Louisville firm
Local financial services firm Avondale Partners is selling to Louisville-based competitor Hilliard Lyons, the companies announced Thursday.
The deal — terms of which were not disclosed — will give Avondale's wealth management team access to a broader range of planning services to offer their clients, while giving Hilliard access to Avondale's team of health-care-focused investment bankers, according to Avondale CEO Pat Shepherd.
As exhibited in the city's banking industry, locally held players…
Wagenbrenner buys land for big development at Marble Cliff Quarry
Wagenbrenner Development and Columbus Metro Parks have closed on the first bit of land in Marble Cliff Quarry were a massive redevelopment — and a new city park — are in the works.
Top of the Market: Nashville’s most expensive homes sold from Feb. 18-24
Check out the most-expensive homes sold in Nashville recently by clicking through the slideshow with this story.
Our latest installment is topped by a $1.4 million townhome in the 37205 ZIP code.
This weekly feature is compiled using Davidson County property records.
Crane Watch: East Austin abuzz with construction activity
More creative offices are springing up in East Austin while massive developments including a $350 million water park are being built in the suburbs.
Those are among the latest additions to our Crane Watch database, which tracks large construction projects across the metro. Check out the map below, or go here to view a full-screen version.
With this latest update, Crane Watch now tracks more than 120 projects and millions of square feet of construction, although some projects have been completed…
Zillow picks best spots for Amazon’s HQ2
Real estate data firm Zillow asked more than 100 housing and economics experts which city Amazon.com Inc. will pick for its second headquarters.
5 signs that it’s time for your vacation rental to get a better job
Maybe you’ve been there: Your second property isn’t contributing to your second mortgage, so you put it to work on the rental market. You even commit to help manage its time. But things aren’t turning out as you expected.
You have your own job. You can’t spend the eight or more hours each week it takes to successfully manage a vacation rental. It’s supposed to be working for you. So, you seek help from a low-cost management company. Now your property is looking shabby and not earning…
Zillow picks best spots for Amazon’s HQ2; Austin, Atlanta, Denver, Virgina shine while Miami and L.A. tarnish
Real estate data firm Zillow asked more than 100 housing and economics experts which city Amazon.com Inc. will pick for its second headquarters, and Northern Virginia and Atlanta bubbled up most. Austin and Denver were also commonly cited as strong contenders.
The survey, conducted by Pulsenomics LLC, asked more than 100 housing economists and professors about their overall expectations for the U.S. housing market, as well as what city they think is most likely and least likely to be chosen as Amazon’s…
Nextdoor forms partnership with residential brokerage
“Real estate has been a part of the conversation from the very beginning.”
Report: Houston’s housing market deemed overvalued
An overvalued market is defined as one in which home prices are at least 10 percent higher than the long-term, sustainable level.