Real Estate Blog

Demolition appears imminent at the Extended Stay America at Sixth and Guadalupe streets, as barricades were erected around the now-closed hotel on Aug. 30.

A Birmingham-based CRE firm made a big purchase in Kentucky.

Windermere Chief Economist Matthew Gardner writes that the new “graduated” real estate tax is being positioned as more equitable, but the revenue generated should be put into affordable housing.

The developers behind Sunnyvale’s massive CityLine project say the 36-acre project, now underway after being stalled for a decade during the Great Recession, has the potential to transform downtown. And the city, which watched as previous incarnations of the project faltered under earlier developers, is really hoping that this time is the charm.

The developers of 3333 California St. in Laurel Heights beefed up the number of homes in the proposal with the addition of 186 homes for seniors.

The newly created position reports directly to CEO Adam Contos.

A developer of several urban core Sacramento properties is turning his attention to a refresh of a nearly century-old building on Broadway.

There’s a home in Telluride that would make Flo from Progressive proud.

Potential buyers can name their price on this 5,400-square-foot house at 220 Cortina Drive, which hit the market Aug. 12. But don’t expect to toss a “Price is Right” bid — the window for offers is $3.75 to $4.195 million.

“220 Cortina Drive was originally listed for $4.995 million and wasn’t receiving any offers, so we decided to take a different approach,” said Mike Russo, founder and developer of SparkOffer, a transaction platform that aims at a more transparent way to connect sellers with buyers. “Based on my 20 years of industry experience in the global luxury residential sector, I know that every property has a low end of the range which will motivate buyers on an accelerated time frame.

“I’ve also noticed that when buyers see a set asking price that isn’t within their budget, they won’t even bother to make an offer. From that understanding, we developed our methodology of listing homes with a range vs. one..

For better than 120 years, the sandstone clocktower on the Loretto Heights campus has been the beacon in southwest Denver.

Over the next few weeks, its future — and that of the 72-acre former Catholic school campus it anchors — will come into better view. Opinions differ on what that future should look like.

The Denver City Council on Sept. 16 will consider the Loretto Heights Small Area Plan. The document lays out a broad-stroke vision for how the property should be redeveloped in the city’s heavily residential and oft-overlooked southwest corner, a part of town that is 66% Latino. It would be a precursor for formal site plans and development documents.

With layers of maps and a series of recommendations for developers, the plan paints a picture of a mixed-use district. Higher-density development would be clustered along South Federal Boulevard, where the campus athletic fields are now. Quieter, more traditionally suburban housing could rise on the west side of the property where S..

The developer and land broker look ahead to their next major partnership after striking a record-setting land deal near Walt Disney World on Aug. 29.