Real Estate Blog

The company is consolidating its two Louisville offices after a lengthy search.

Urban Catalyst and Aedis Architects announced Thursday they were partnering up to develop a property near Google's proposed downtown San Jose development that will have two distinct aspects — one, a senior-living facility and the other a mixed-use building that has market-rate housing and retail.

Another huge apartment building is kicking off leasing in Oakland. More than three dozen renters have pre-leased homes in the Alexan Webster, a 234-unit building at 2330 Webster St., with move-ins starting in November.

The $135 million project, developed by Trammell Crow Residential, replaced a surface parking lot with a seven-story building in Oakland’s burgeoning Uptown district.

“Alexan Webster is the answer to that common question, ‘Do we pick Uptown or Lake Merritt?,’” said Jonathan…

The retirement of a longtime executive is leading to changes at San Mateo-based Essex Property Trust (NYSE: ESS).

Craig Zimmerman, the apartment developer's executive vice president and co-chief investment officer, will retire later this year, the company said on Thursday. Adam Berry, the co-chief investment officer, will continue in the role.

The company also named Senior Executive Vice President John Burkart as chief operating officer.

Zimmerman's retirement comes after a 34-year tenure at…

Sales of single-family homes on Hawaii Island jumped by 22% in August, compared to last year, and the median price rose 13%, while condominium sales and prices both declined for the month, according to statistics provided by Hawaii Information Service on behalf of Hawaii Island Realtors.

The median price of a single-family home on Hawaii Island in August was $400,000, an increase of 12.68% from $355,000 in August 2018.

That was based on sales of 237 homes, which was an increase of 21.54% from 195…

The median price of a condominium on Kauai soared by 32% last month even as sales dropped, compared to a year ago, while single-family home prices declined, according to statistics from Hawaii Information Service on behalf of the Kauai Board of Realtors.

The median price of a single-family home on Kauai in August was $657,000, a decline of 5.47% from $695,000 in August 2018. That was based on sales of 54 homes, a slight increase of 1.89% from 53 homes sold during the same month last year.

The number…

In less than 18 months, a coalition of nonprofits, local government and businesses has pulled in $250 million worth of grants, land donations and low-cost financing to help solve Charlotte’s affordable housing crisis. The leader of the campaign, Foundation For The Carolinas CEO Michael Marsicano, on Thursday evening disclosed a combined $15 million in commitments to push a pair of housing funds past their target amounts.

The Charlotte Housing Opportunity Investment Fund, created by the foundation,…

Sales of single-family homes and condominiums on Oahu declined by 8% over the last 12 months as median prices were mixed, with single-family homes rising by 2% and condos declining by 2%, according to a report by Honolulu real estate firm Locations.

The median price of a single-family home for the 12-month period ending Aug. 31 was $790,000, while the median price of a condo was $417,300.

While the number of sales declined by 8% in each category — to 3,674 single-family homes sold and 5,490…

There are lots of transit options for people attending the Golden State Warriors' new Chase Center arena. The big question leading up to Friday's first event: How many people will use them instead of driving?

The largest resort in Phoenix has been sold by the Blackstone Group to a new joint venture.