Real Estate Blog
How to create a construction company legacy
Every construction company and its owners eventually face succession issues. Owners who choose to ignore succession planning until an unexpected event forces the issue may face fewer choices, little time to react and a decrease in company value.
However, proper planning can create peace of mind and increase the chances of a smooth transition that can help retain wealth and financial security.
An employee stock ownership plan (ESOP) is one of many succession strategies available. While an ESOP…
A competitive housing market in KC is leading to both buying and selling power
With mortgage rates at a three year low, the greater Kansas City housing market is a very competitive space. Home sellers are receiving multiple offers and perspective second-time homebuyers are seeing more buying power. While sellers have a leg up on the competition, first-time homebuyers are often finding themselves as the underdog.
Sellers have the advantage in the current market
The current state of the housing market is definitely in the favor of the sellers. Unfortunately, first-time homebuyers…
Downtown Dayton development project lands $200K in historic tax credits
A $1.6 million project to restore a historic downtown Dayton building just got a boost.
The Dayton Power & Light Building at 18 S. Jefferson St. was recently awarded $200,000 in state historic tax credits from the Ohio Development Services Agency, one of three Dayton-area projects that received a combined $1.08 million through the program.
The 13,000-square-foot building is part of the Fire Blocks District, currently being redeveloped by The Windsor Companies, a Columbus-based development firm.…
Atlanta developer loses prime piece of Nashville project at foreclosure
The June 28 auction was a rare burst of action for the stalled project — and it positions a new developer to step into the high-profile project.
Apartment roundup: Inside some of the Albany region’s newest places for rent
The data shows that there's been virtually no growth in asking rents in the Albany region over the past year, and the multifamily rental market is softening. A significant factor in that trend: Apartment construction has been going strong for several years in this area.
Thousands of new units have been built in urban and suburban neighborhoods, with more on the way.
If you're in the market for a new place, you're in luck. Options now include waterfront balconies, giant skylights, coworking spaces…
3 ways to give transit-oriented developments personality
Transit oriented evelopments are meant to bring a city vibe to the suburbs. Easy access to public transportation allows residents, patrons, and shoppers to be less reliant on personal vehicles while also promoting an active lifestyle.
As these projects become more and more common, it’s essential that developers use a unique marketing strategy that not only advertises the space but also promotes a sense of community. Below are three ways to give your transit-oriented development a valuable and…
Why health ratios are important for retailers
Commercial real estate sectors all have their own needs, desires and expectations. Office tenants look to create appealing spaces that will attract the clients and employees they desire in typical central business districts often among their competitors across the street or in the same building. Industrial tenants tend to be located along thoroughfares that make logistical sense for their area of business in buildings that generally work for their use. Medical needs to be conveniently located to…
Developers buy more land near Amazon site in Oak Creek
The developers of the Oak Creek business park where an Amazon distribution center is under construction has acquired 11 acres across the street, seeing an opportunity for another industrial building.
Plans to redevelop Baytown’s San Jacinto Mall move forward with major demolition
Houston-based Fidelis Realty Partners is starting to make major progress on its plan to turn Baytown's San Jacinto Mall into an outdoor retail and lifestyle center called San Jacinto Marketplace.
The developer bought the mall in July 2015 from California-based investment firm Triyar. From the outset, Fidelis said it planned to completely redevelop the mall and eventually build a 1 million-square-foot open-air center on the property. But plans were never intended to be implemented overnight. At the…
Here are the most (and least) expensive Orlando neighborhoods for apartment renters
Thanks to a strong economy, Orlando's apartment market continues to boom — resulting in rising rents for both new arrivals and established residents.
As with all real estate decisions, the cost of rent is determined by three things: location, location, location.
Data from RentCafe reveals the priciest Orlando-area neighborhoods for renters. For the budget-conscious, the apartment-listing site also compiled a list of the least expensive areas in which to rent.
The booming multifamily market is…