Real Estate Blog

In putting together this year's Mortgage Lenders & Brokers list, we posed a few optional questions to the lenders how the recent decline in mortgages has affected their staffing and what rising inventory means for the market. Here's what they had to say.

Coloradans will vote on an affordable housing measure for the first time ever this November, one that would divert nearly $300 million in annual funding toward a first-of-its-kind program.

Proposition 123 is unique in its breadth and scale, supporters and analysts said. It would support eviction defense, down-payment assistance, new housing development, the purchasing of land for future use and direct payments to renters. Its presence on an already crowded ballot comes as affordability anxiety among residents — and their elected leaders — continues to rise: A Colorado Health Foundation survey found that 86% of residents felt that housing is a very or extremely serious problem, second only to the cost of living.

If passed, Prop 123 could spur the construction of 10,000 affordable rental units each year, said Mike Johnston, the CEO of Gary Community Ventures, which is supporting the effort.

“We cannot afford a Colorado where Coloradans can’t afford to live,” Johnston told supporters a..

Franklin Mayor Steve Olson is asking county officials to extend a new bus rapid transit commuter service to a city business park where Saputo Cheese USA Inc. could create more than 600 jobs, instead of stopping about four miles to the north.

The deal works out to $214,705 per apartment.

The Business Journal got a sneak peek at what's in store for Hemisfair's Civic Park, which will include five interconnected water features, a live performance space and a shaded promenade connecting to adjacent downtown streets.

Great Point Media has closed on properties needed for its West Side movie-making campus.

An out-of-state buyer sees major value in an apartment complex on the Johnston County side of Garner, paying double what the apartments went for two years ago as the Triangle's hot multifamily market expands beyond on the region's urban core.

The University at Buffalo Foundation has received a handful of bids from developers to buy the Williams-Butler Mansion on Delaware Avenue.

The Atlantic Coast Conference is moving its headquarters to Charlotte after 69 years in Greensboro. And its new home has a Raleigh connection.

It's the latest golf entertainment facility planned by the New York City-founded company.