Real Estate Blog
Charlotte’s growth in home prices slows but still eclipses US rate: Case-Shiller
While housing data points to an end for the red-hot streak in local home-price gains, the Charlotte area is still outpacing growth seen on a national level.
New York proptech company moves to region, opens Odessa HQ
The company's 7,000-square-foot space will serve as a home base for the company's 120+ employees.
Boston developer splashes into Raleigh with 8-story apartment project near Crabtree Mall
A Boston-based real estate developer is planning a mixed-use project with hundreds of apartments and retail space on the site of an aging apartment complex near Crabtree Valley Mall.
Boston developer Redgate splashes into North Carolina market with 8-story project in Raleigh
A Boston-based real estate developer has entered the market in North Carolina with plans to revitalize an aging apartment complex in the state's Triangle region.
Memphis Grizzlies’ Ja Morant buys former teammate’s Eads home for $3.05M
In 2019, an entity connected to Memphis Grizzlies guard Ja Morant bought a home in Eads.
Mountain Brook Cove Land Trust paid $1.334 million for the house. That transaction was recorded in August 2019, about six weeks after Morant was drafted second overall by the Grizzlies, and a month after he signed his rookie contract, a four-year, $39.6 million deal.
In July 2022, Morant — who became a global superstar in the intervening years — agreed to a designated rookie maximum extension with the…
Rising rates cause layoffs at Phoenix-area mortgage firms
With mortgage interest rates hovering around 5.5%, the mortgage refinance business has plummeted, causing massive layoffs nationwide. Here's what's happening in Phoenix.
Pollo Campero looks to return to Phoenix, open more than 20 locations
Pollo Campero is not completely new to the Phoenix market. In the mid-2000s a franchise group opened a location near Desert Sky Mall. Now it is planning a much bigger and broader return to the Valley with multiple locations envisioned.
Behind the Deal: Arlington’s Rolling Hills Country Club sale set off an ‘intense bidding competition’
The almost 97-acre property is slated to become a mixed-use project, with 70 acres devoted to single family development. The site is located at the corner of Lamar Boulevard and Cooper Street, off of Interstate 30, with proximity to Arlington’s Entertainment District.
Bankruptcy auction impasse leaves prime downtown Austin real estate in limbo
For months, an embattled Austin real estate investor has been buying back properties that had fallen into bankruptcy. He's using a holding company called Rising Tide Investments. While some of those bankruptcy auctions have closed, at least one sale won't move forward. Here's the latest on a prime downtown development site right next to the Austin Convention Center that's currently home to Brazilian steakhouse Fogo de Chão.
Developers may get new water drainage, landscaping requirements in Austin
Builders and developers may soon have to deal with added water-related regulations in Austin. This article explains the ideas being discussed now at city hall, and it also includes ABJ's latest ranking of local commercial developers.