Real Estate Blog
H Mart expands Hawaii presence with $8M warehouse acquisition
The sale of the warehouse on the one-acre property at 1037 Opule St., in the first phase of Kapolei Business Park, closed Aug. 5.
Uber confirms new 3,000-job hub in Dallas, Phoenix had been considered
Uber Technologies Inc. confirmed Tuesday that it will establish a new U.S. General and Administrative Hub that will house various corporate functions in Dallas.
The ride-sharing giant's project will create 3,000 new jobs and includes a capital investment of more than $75 million, according to a statement from Gov. Greg Abbott's office.
The announcement follows a Dallas Business Journal story earlier this month that Uber (NYSE: UBER) was zeroing in on the city, according to people familiar with…
In Bay Area exodus, will Uber follow McKesson to Dallas?
Uber's $75 million expansion in Dallas raises question on whether the company's San Francisco headquarters will eventually move to Texas.
How do you turn $20M into $100M in one year? It’s not complicated, but it involves Amazon.
Chuck Kuhn, president of Sterling-based JK Moving Services and one of Loudoun County’s most active land speculators, had a very good July 30.
On that day, according to public records, Kuhn affiliate 41992 John Mosby Highway LLC sold 90 undeveloped acres in Arcola, formerly owned by the Inova Health System Foundation, to Colorado-based NOVA WPC LLC for $98.67 million, or about $1.1 million an acre. Kuhn bought the same property in June 2018 for $20 million. He quintupled his money in 13 months…
Tradewind Capital Group buys more land in Central Oahu business park
Construction on the new building is expected to start in mid 2020.
Tom Henderson charged with defrauding foreign investors of more than $110M
Embattled Oakland businessman Tom Henderson was indicted by a federal grand jury for his alleged role in a $110 million investor fraud scheme involving federal EB-5 visas and arrested Tuesday morning.
The U.S. Attorney’s Office for the Northern District of California charged Henderson, 70, and two associates, 40-year-old Kexing Hu (also known as Peter Hu) and 42-year-old Cooper Lee, with several counts of conspiracy and wire fraud.
The Department of Justice alleges that the three men conspired…
California real estate heavyweight does first deal in East Austin
A California-based real estate investment firm that owns 120 apartment buildings and a total of more than 9.4 million square feet nationwide is doing its first deal in Austin. It zeroed in on a east-side apartment complex near Saltillo.
New York real estate brokerage takes aim at Texas with Houston joint venture
New York real estate brokerage firm Douglas Elliman announced Aug. 20 that it will make its first foray into Texas through a joint venture with Houston-based real estate sales and marketing firm Sudhoff Cos.
While neither company described the deal as an acquisition, Scott Durkin, president and COO of Douglas Elliman, told the Houston Business Journal that Sudhoff Cos. will operate under the Douglas Elliman flag.
“Both companies have skin in the game, but it will be a Douglas Elliman operation,…
Cohen-Esrey moves down the street for new HQ
Cohen-Esrey LLC, an Overland Park-based real estate company, plans to move its headquarters down the road to Merriam.
The company, whose areas of service include real estate investment, development, acquisition and management, mostly in the affordable multifamily sector, bought the Merriam Oaks Building at 8500 Shawnee Mission Parkway. Cohen-Esrey will take possession before the end of the year and eventually plans to occupy 27,000 square feet of the 55,000-square-foot building.
Cohen-Esrey…
Firm connected to embattled casino billionaire buys Palm Beach mansion for $43M
Wynn resigned from his company amid sexual misconduct allegations.