Real Estate Blog

International multifamily player is in talks with the University of Pittsburgh, scouting a site on the South Side and owns the city's biggest new apartment tower.

For the second time this week, a high-rise, mixed-use development in one of Houston’s busiest submarkets for multifamily projects celebrated a major construction milestone.

Developers behind the 30-story residential tower known as The Travis toasted the building’s topping out Sept. 10, according to a news release. The project, which is located at 3300 Main St. in Midtown, was developed by the Houston office of Washington-based Madison Marquette, with investment support from Los Angeles-based…

New CEO takes over during a rebranding of the high-end shopping district.

Two planned unit developments totaling up to 564 residential units received an initial stamp of approval in Georgetown. But some Council members worried about how the city was promoting commercial development and more affordable housing in some parts of town.

An Atlanta-based developer has plans to build a four-building mixed-use development in Morrisville.

WESTMINSTER — There’s no spot in the heart of metro Denver quite like it in size and scope — a 150-acre perfect square of grass, corn and upturned soil boasting exquisite views of the mountains and the city.

A rare break in the sea of rooftops that stretches uninterrupted from Broomfield to Denver and Thornton to Arvada, the field at the northwest corner of West 84th Avenue and Federal Boulevard in Westminster stands as a vestige of a Front Range agrarian past that’s largely been subsumed by ever-expanding suburbs.

For John Palmer, who grew up and still lives at the western edge of the farm, the empty expanse he looks out on every morning from his front porch on Lowell Boulevard is the land of “million-dollar sunrises.”

“Where else can you see this in the city? A working farm,” he said, gazing on a vista that hasn’t changed in decades. “It’s very peaceful, very calming. You can hear the owls, hear the coyotes.”

But the Pillar of Fire church, which has owned the land and kept it und..

Of the 100 largest metros in the United States, 75 now have home prices above the peak reached before last decade’s housing crash, according to the latest update to the Home Price Recovery Index from HSH.com.

And metro Denver continues to hold the top spot, something it has done in every quarter but one since the index launched in 2015.

Home prices in Denver-Aurora-Lakewood are 91% above the old high. Runners up include Austin, Texas, with an 81.4% increase and San Francisco, up 73.5%.

“Aside from routinely strong home price appreciation, it’s important to know that the Denver metro’s housing ‘bust’ was relatively short and shallow,” said Keith Gumbinger, the report’s author.

RELATED: New home construction keeps falling in metro Denver
The peak-to-trough for home values was only three years long and the total decline in value was just under 8 percent in metro Denver, he said.

By contrast, a half-dozen large metros have seen home prices more than double from their lows and still no..

Construction crews have now started working on the Country Club Plaza's future Nordstrom site, which is slated to open in 2021.

Nordstrom, which currently resides in a 200,000-square-foot space in Overland Park's Oak Park Mall, will relocate to the Plaza. Its new facility will include a six-story garage and a 122,000-square-foot store. The Plaza move marks an opportunity to right-size its store and leverage an omnichannel shopping experience that's more aligned with today's shopping patterns.

The…

After legalizing homeless camping across the city in June, Austin could reverse course and turn some areas of town into no-camping zones.

KXAN News reported Sept. 10 on multiple proposals being considered at Austin City Hall to restrict camping downtown, in West Campus near the University of Texas and along two streets in East Austin.

“The bottom line is nobody wants people to have to live outside,” Council Member Ann Kitchen told KXAN. “The bottom line is housing, but the reality is right now,…

The San Francisco firm joins the trove of tech companies coming to Denver.