Real Estate Blog
Tax implications considered as Westgate Tower condo owners again seek historic designation
Austin is considering moving forward with a zoning request that sparked controversy 10 years ago. The Westgate Tower, completed in 1966, contains 93 condo units whose tenants over the decades have included business leaders, government officials, state legislators and lobbyists.
Behind the Deal: Dean Ranch sale to top $100 million
Lynch Legacy Realty Group brokered the transaction of the 2,000-acre property that straddles the border between Fort Worth and Aledo
Tilden Properties pays $72 million for two Davis apartment complexes
Two Davis apartment properties that never appear to have sold before are now owned by a Bay Area multifamily investor.
Nonprofit to repair 23 homes in one day in historic Milwaukee neighborhood
From rebuilding porches to updating kitchens, hundreds of volunteers will fix up 23 houses in Milwaukee's Lindsay Heights neighborhood in one day this weekend — at no cost to the homeowners.
Is eminent domain the best way for Thornton to clean up a crumbling, contaminated shopping center?
THORNTON — After nearly 20 years of code violations, health orders, lawsuits and neighbor complaints, a dilapidated and forlorn shopping center that once gleamed with American mid-century suburban promise just took a critical step toward a long-awaited makeover.
But it took the strong arm of the government — through an eminent domain action filed in court on Aug. 1 — to finally move the long-stalled transformation of the Thornton Shopping Center along. A judge could authorize the city to take possession of the strip mall, built in 1955 and beset with contamination issues that will cost millions to remedy, as soon as October.
Chad Howell, redevelopment administrator for Thornton, said the city did everything it could over the years to “sweeten the pot” with various developers to prod them to take over the site, which could cost upwards of $10 million to fully clean up.
“No matter how they sliced this project, they couldn’t put together a project pro forma that they could make money o..
Former Raleigh Kroger becomes new home for Triangle biotech
The transformed site of a former Kroger in Midtown Raleigh will soon be home to one of the Triangle’s growing biotech companies.
Hodges International starts Lincoln County manufacturing operation in effort to revive mill
Deanna Hodges, CEO of Hodges International, is working to revive an old Lincoln County mill to house her company's manufacturing operations.
Miami-Dade apartment complex sells for $55M
The property increased in value more than fivefold.
John Deere buys Triad distribution facility for $3.8 million
John Deere buys two buildings that neighbor its Triad production facility, which employs about 700.
Figo 36 restaurant to dish up modern interpretation on Italian fare in Charlotte’s NoDa neighborhood (PHOTOS)
Menagerie Hospitality Group's latest restaurant, Figo 36, is set to deliver a modern interpretation on Italian fare when it opens in Charlotte's NoDa neighborhood.