Real Estate Blog
Every Central Florida county sees worsening home affordability despite housing market cool-down
The affordability boost some homebuyers got from low mortgage rates has evaporated.
Allen Tate CEO Pat Riley talks approach to growth, current state of housing market
Allen Tate Cos. chief executive Pat Riley, who recently received the 2022 Lifetime Achievement Award in CBJ's Most Admired CEO Awards program, spoke on a variety of topics during an interview tied to that honor. Here, Riley offers more takeaways on the Charlotte firm's approach to growth and his take on the current housing market.
As asking prices rise, Philadelphia housing affordability hits 17-year low
Housing affordability is the lowest it's been in the last 17 years in Philadelphia County and has dropped 10% or more during quarter two in each Philadelphia-area county except one, according to a recent study.
MetroNational signs 5 more tenants, further boosting strong Memorial City occupancy
Memorial City continues to outperform other Houston submarkets, thanks to strong amenities.
Site work underway on the latest spec project for Albuquerque’s industrial real estate market
Erick Johnson of Johnson Commercial Real Estate said a tenant could lease as few as 7,000 square feet going all the way up to the whole Class A industrial space.
Veev takes more than 500,000 square feet in sublease from Amazon
The modular homebuilding startup said it planned to expand its workforce with capital from a $400 million Series D round it raised this past spring.
Wells Fargo’s 13-story S.F. office tower has hit the market
The bank last week signed the largest lease renewal in San Francisco since the pandemic, but is also actively reducing its real estate footprint the city.
Lawyers take aim at David Tepper businesses in latest GT Real Estate bankruptcy hearing
The second hearing in GT Real Estate Holdings LLC's Chapter 11 bankruptcy case was held in the Delaware bankruptcy court today. Lawyers for Mascaro Barton Malow, the city of Rock Hill and York County spent hours at the hearing questioning Jonathan Hickman, GT Real Estate's chief restructuring officer.
LIV Golf enlists Ecotrust’s The Redd for a Saudi event kickoff party
The group holding a Saudi Arabian government-backed golf tournament at Pumpkin Ridge this week enlisted a respected Portland nonprofit's event space as a backdrop.
As KGW, a news partner of the Portland Business Journal, reported, “LIV Golf, the controversial Saudi-backed golf league, kicked off its first U.S. event with a glitzy gala at a Portland nonprofit. The LIV Golf Portland Pro Am Pairing Party was held at The Redd in Southeast Portland’s industrial district.”
The environmental nonprofit…
As H-E-B expands into DFW, its Temple distribution facility is growing too
The San Antonio grocer will expand the current facility by 325,000 square feet and expects to create more than 100 jobs.