Real Estate Blog
Milwaukee metro population returns to growth in 2018, while Chicago’s dips: Slideshow
While the populations of big cities like Chicago, Los Angeles and New York all fell in 2018, the Milwaukee area just got a little bigger.
According to new data released by the U.S. Census Bureau, metro Milwaukee's population increased in 2018 compared with 2017. The metro population grew to 1,576,113 in 2018, up 962 people, or 0.06%, from estimated population of 1,575,151 in 2017. Since the last U.S. Census in 2010, the metro population is 1.3% higher.
See the attached slideshow to see where Milwaukee…
Patti Payne’s Cool Pads: Real estate mogul lists his Groat Point estate for $17M
Residential real estate mogul J. Lennox Scott’s waterfront home in Medina just hit the market, listed at $17 million.
Scott is chairman and CEO of John L. Scott Real Estate, which has 110 offices and more than 3,000 brokers in Washington, Oregon, Idaho and California. Scott chose JLS Broker Lan Nguyen to have the listing of this house he had built and has lived in for 24 years.
“My wife Deanna project-managed the most amazing remodel of the whole thing several years ago,” Scott said. “She…
Fulcrum launches new projects for The Bridge District in West Sac
Two more projects by Fulcrum for The Bridge District are teeing up, and plans are filed with the city of West Sacramento for one more beyond those.
It’s crunch time for Landmark Mall’s incentive package
After rethinking the decade-old project, Howard Hughes is ready for the next bureaucratic step — but it waits on an answer from the city on a financing package.
Bankruptcy trustee seeks to sell hotel amid fraud claim
A lawsuit alleges the landlord and the hotel operator are the same entity.
Offsite’s 12-acre data center to support I-94 corridor tech growth
The company's founder says the data center could support as many as 350 jobs in the region and become the premier data center in Wisconsin.
Churchill Downs to invest $8 million in equine medical center at Louisville track
Churchill Downs Inc. said Thursday that it will spend $8 million to construct a new equine medical center and quarantine facility in Louisville as part of a series of safety reforms.
The move is aimed at improving the standing of horse racing amid controversy over Thoroughbred racing deaths at Santa Anita Park and other tracks.
The Louisville-based racing and gaming company said the facility will open in March 2020 on the backside of Churchill Downs Racetrack. The center will be used to provide…
Cover story: How home values are tied to corporate headquarters
MBJ's data shows that an area’s fortunes improve exponentially if it can claim multiple corporate HQs, extending to impacts on home values and rental rates.
Houston developer’s first multifamily project underway
Houston-based D’Agostino Cos. is building its first multifamily project in City Place, a 65-acre mixed-use development in Conroe.
The Reserve at City Place, a garden-style apartment complex, broke ground in February and is expected to open in January 2020, according to a press release. Houston-based Meeks + Partners served as the architect, Houston-based Blazer Building is the general contractor, and Greystar will be property manager. The project was capitalized using HUD 221 (d)(4) financing.
The…
Maricopa County still fastest-growing county in U.S., Census says
People keep moving to Phoenix.
That's the takeaway from new data released Thursday by the U.S. Census Bureau, which finds the Phoenix metro added nearly 100,000 residents from July 1, 2017, to July 2018.
During that 12-month period, the Phoenix-Mesa-Scottsdale metro gained 96,268 people — good enough to be the second fastest-growing metro in the U.S. behind Dallas-Fort Worth-Arlington in Texas, which welcomed 131,767 new people during the same period.
Based on the annual gains, that means an…