Real Estate Blog

Ranked by commercial mortgage volume in 2022 for banks and credit unions located in the greater Capital Region. Some major lenders, like KeyBank and Bank of America, declined to disclose information.

Nationally, tens of billions of dollars in loans that underpin commercial mortgage-backed securities will mature by the end of 2024. While that is cause for concern, Austin appears well-positioned as a refuge against the economic uncertainty. Click through for a high-level analysis of real estate financing and to read about the situation in the Texas capital.

Developer Paul Petrovich would sell his Downtown Sacramento building at 827 K St. to the city for $15 million as part of a settlement of long-running lawsuits he has against the city.

The owners of the Fairmont Austin have less than two months before a major loan package for the property matures, giving them a finite window to make big decisions about the future of the city's largest hotel. The 1,048-room hotel is reportedly on the market, which could result in an eye-popping price. Click through to read more about the hotel's financials and the state of the local hospitality market.

A new development will offer East Austin apartments across a wide range of price points, from market rate to as low as 30% median family income. Click through to read more about the project and the companies involved. Plus, ABJ subscribers can dive into a data-packed list of the region's multifamily developers.

This puts a definite end to more than two years of negotiations with Aspen Heights, which had proposed building two apartment towers on the city-owned downtown site. City Council is still eager to redevelop the prime land — but who will do it? This story looks at the process going forward.

Employers mull amenities, locations near entertainment and restaurants as incentives to lure workers back to the office, but those looking for bargains are likely to be disappointed.

The Valley has been facing a record-setting heat wave in the past three weeks with temperatures reaching at least 110 degrees since June 30. The Business Journal spoke to commercial real estate industry contractors who said communication between laborers and field managers is paramount — and possibly life-saving.

MMC Corp's yearlong succession will bring two transitions: One will involve the C-suite, and the other will focus on having its three business units move from independent companies and brands to being part of an integrated whole.

KC-area business owners often look to slow down a bit by turning to more pastoral pursuits and moving to the country. But even far from the bustling city, they can’t stop being who they are: entrepreneurs. The efforts of three are creating opportunity and stability for a small town in Miami County.