Real Estate Blog

Survivors of the October 2017 wildfires in Sonoma County who haven’t found housing yet could soon lose FEMA assistance that’s providing them with temporary shelters.

A century-old house on St. Paul's Summit Avenue is on the market for $2,495,000. The address is 294 Summit Ave., but it might be better known as the “George F. Lindsay House,” named for the lumber baron who originally lived there. Garrison Keillor also lived there from 2008 to 2018, according to the Pioneer Press.

The architecture style is considered Georgian Revival, meaning it resembles the style of the 18th and early 19th centuries. It has six bedrooms and nine bathrooms across over 10,000 square…

Should Austin City Council keep the status quo, follow the third draft of CodeNext or go even further with boosting density and missing middle housing while reducing parking requirements and compatibility standards? City Manager Spencer Cronk wants answers from the City Council before the community tackles this thorny — but important — issue again.

Five-bedroom, eight-bathroom home was built in 2016.

Hoover may add a new retail center along a busy highway.

The city’s planning and zoning commission recommends the city council approve plans for a 15,000-square-foot strip retail center on U.S. 31, reports the Hoover Sun.

The new development would be located at 1539 and 1541 Montgomery Hwy., where Mexico Lindo restaurant and Mr. Transmission were previously located before being torn down.

Orange Development had previously planned to develop two indoor baseball and softball training facilities…

Here are several real estate transactions that were effectuated recently.

60,000SF

Spain Property Group has engaged Quarters, a co-living apartment operator, to manage a new seven-story multifamily project in Philadelphia under development at 1150 N. American St. in Northern Liberties. Quarters is part of Berlin, Germany-based Medici Living Group that seeks to become the “WeWork of co-living.” The project will have 186 units across 60,000 square feet. Spain is developing the building in partnership…

Invesco Investment Services, which has offices in Kansas City, has purchased three warehouses in Jacksonville for a total of $129.3 million, according to deeds recorded Wednesday.

Among the purchases was a roughly 585,000-square-foot warehouse used by Dr. Pepper and Snapple at 2300 Pickettville Road, which Invesco bought for $50.4 million. The warehouse was built in 2009, according to property records.

Invesco also purchased a 733,000-square-foot building occupied by Unilever at 12200 Presidents…

In local news:

It seems the Carolina Panthers have a case of sticker shock. The team is seeking an “informal review” of Mecklenburg County's recently updated valuation of Bank of America Stadium, which pegged the tax value of the property at $572.3 million — giving the facility at 800 S. Mint St. in uptown the distinction of being the county's most valuable piece of commercial real estate. In a document addressed to the county assessor's office and signed by Panthers CFO Kristi Coleman, the team…

Intracorp is building its first Austin condo tower in the Rainey Street area. But executives have found a lot to like about the entire city and say they are actively looking for more projects. Check out the multitude of local partnerships they've already struck up.

Executive Director Kay Toran talks about the nonprofit's ambitious vision for the never-used jail.