Real Estate Blog
What 100% employee ownership means for clients
The National Center for Employee Ownership reports there are more than 2,420 privately held companies with large (100+ participants) employee stock ownership plans (ESOP), with more than 1.3 million active participants. Twelve percent of those companies are construction firms, according to NCEO.
There are 98 ESOPs in Kansas, including McCownGordon Construction. The founders, Pat McCown and Brett Gordon, converted the company to an ESOP in 2015. There were obvious perks for associates, including…
Personalities of Pittsburgh: Krish Pandya wants to help make the complex simple
Krish Pandya’s company is working on everything from a Scottish pub to a software startup.
Custom-built home on Lake Keesus with indoor saltwater pool hits market at $2.59M: Open House
Outdoors, there is a large kitchen pavilion, lakeside boathouse with a bathroom and kitchen, and 150 feet of shore off the lake.
32-acre Main Line estate with an indoor pool gets a $4 million price cut
Described as a “modern Gothic Revival,” the owner invested $35 million in the property.
Here are the highest-priced Phoenix-area luxury homes sold in January
A 9,256-square-foot Paradise Valley mansion, topped the list for the highest-priced home sold in January 2021. See the rest of the top selling homes in January, including buyers and sellers.
Dream Getaways: 16K-SF Colorado Golf Club mansion with Pikes Peak views lists for $5M (Photos)
Editor's note: As winter hangs on in Minnesota, the Business Journal presents Dream Getaways, a look at luxury properties in areas around the country where Minnesotans might like to spend time in the winter, or in this case, any time of the year. This installment is courtesy of the Denver Business Journal.
The Colorado Golf Club's largest home has hit the market with an asking price of $5 million.
Built in 2009, the 16,544-square-foot, six-bedroom, 10-bathroom residence at 7750 Preservation Trail…
Three apartment complexes on the way in Arlington, Grapevine and Richardson
The projects will bring more than 1,000 new units to North Texas.
Four key takeaways from Block Real Estate Services’ 2021 market report
Despite the devastation caused by the coronavirus pandemic in the Kansas City metro, a newly released report from Block Real Estate Services LLC said the real estate sector remained strong. Here are four property sector takeaways from the 102-page report.
Beauty executive sells Palm Beach lot for $42M
A company controlled by Matrix Essentials co-founder Sydell Miller sold a vacant home lot in Palm Beach for $42 million.
The 1.71-acre property at 1440 S. Ocean Blvd. was sold by 1440 Holdings LLC, affiliated with Miller through her Ohio attorney Richard Armbruster, to the 1440 South Ocean Trust, with attorney Ronald Kochman as trustee. It’s not clear who owns the trust.
Miller’s company purchased the property for $10 million in 1999, so it more than quadrupled in value. It’s located along…
U.S. mortgage rates jumped this week
The 30-year fixed mortgage rate averaged 2.97% for the week ending Feb. 25 — up from 2.81% last week.