Real Estate Blog

The Transamerica Pyramid is getting a makeover.

Michael Shvo’s real estate investment firm, which bought the city's most famous office building and two adjacent buildings in 2020, has begun a $400 million renovation of the entire block.

New York-based Shvo, along with Deutsche Finance America and a group of European investors, paid $650 million for the properties between San Francisco's Financial District and Jackson Square. Here's a look at what's going on behind the boarded-up building.

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Brett Gray, managing principal at Cushman & Wakefield's Charlotte office, confirmed to CBJ that his firm was working to formally launch its marketing effort in the coming months.

The sale is expected to give the Scottsdale firm and its current and future clients access to more resources and specialized services.

North Carolina's governor said he tried to persuade Centene to reconsider its decision to abandon the headquarters in Charlotte, citing the uncertainty of how return-to-office trends will ultimately shake out.

The hotel underwent a $20 million renovation this year to cater to both leisure and business guests with an updated lobby, guest rooms, social spaces and restaurant.

After firing the law firm over its handling of a legal dispute involving a homebuilder, the city of Phoenix has filed a lawsuit against the firm over its handling of that previous case.

Denver home values have still increased by 43.5% since July 2019, according to a new Zillow report.

Ralph Anderson, who previously lived in the penthouse, owned the building and converted it from a concert hall and living space for musicians and dancers to condominiums.

Homebuyers determined to purchase in Denver should consider the Montclair Neighborhood.

The historic neighborhood offers a mix of architecture, from Queen Anne and Victorian homes to 1950s ranches and modern builds.

With an average home price of $800,000, Montclair also is more affordable than surrounding neighborhoods like Cherry Creek, Hilltop, or Crestmoor, where home prices could be double, says Stephen Berg with 8Z real estate.

Those higher prices make it cost-prohibitive to buy, tear down and build new but Montclair still offers opportunities to do that on large lots.

“There’s great potential in this neighborhood to build equity,” Berg says. “While appreciation will slow down as interest rates climb, Montclair’s one of a handful of neighborhoods with unrealized equity to gain.”

Montclair’s a quiet neighborhood with leafy streets and several neighborhood parks, including Montclair Park, Denison Park, and Kittredge parks.

The neighborhood’s also a convenient 10- to 15-minute ..

Wisconsin Center District president and CEO Marty Brooks joined the list of concert-venue owners and operators opposing FPC Live’s proposed venues in the Deer District — and added a dose of criticism for the Milwaukee Bucks’ role in the potential project.