Real Estate Blog
Atlanta’s Newport US RE loses top development executive Katharine Kelley
Katharine Kelley, executive vice president of development for Newport US RE, left the company Jan. 14. She had no comment.
Hines planning senior living project in Upper Kirby
County appraisal records show Hines doesn’t yet own the site.
5 reasons booming cities are squeezing out the middle class, according to this Tenderloin activist
In his new book, Tenderloin activist Randy Shaw dives into the various reasons American cities with booming economies are pricing out the middle class.
After Hours: North State BIA banquet and awards
The North State Building Industry Association honored its incoming 2019 executive committee and board of directors during a Jan. 18 dinner at the Hyatt Regency Sacramento. Awards were also presented at the event, including:
Chair's Award: Nikky Mohanna of Mohanna Development Co.
President's Award: Andy Davidson of Anton DevCo Inc.
Meritorious Award: Mo Rahim of Taylor Morrison
Friend of Housing: Assemblyman Jim Cooper
Check out the accompanying slideshow for names and faces from the event. The…
Two new central city housing projects start work
Sacramento’s central city has seen work on nearly 150 new apartments break ground in the last few weeks, across two projects by different developers.
Inside the $41 million penthouse that could become San Francisco’s most expensive home sold
A full-floor Transbay penthouse that's 600 feet above San Francisco is hitting the market — and it's sky-high in both ambition and price. The 8,482-square foot residence, from developer Related California, could set a new record for the most expensive home sold in the city. It's priced at $41 million.
The sculpted glass tower, known as The Avery, sits just blocks from the currently shuttered Salesforce Transit Center in the downtown Transbay district sprouting with new skyscrapers. Neighboring…
Five reasons why booming cities are squeezing out the middle class, according to this Tenderloin activist
After the tragic Ghost Ship Fire in Oakland in late 2016, housing activist Randy Shaw had an epiphany about the Bay Area’s housing crisis: Things must be bad if artists can no longer find safe, affordable housing in Oakland.
The East Bay city had once been a enclave for Bay Area artists, but a booming economy forced out many artists or left willing to live in dangerous conditions.
“I had never thought about writing a book about housing until that moment,” he said.
Shaw, who has spent…
48-story mixed-use tower to rise in Texas Medical Center area
Houston-based Medistar Corp. is expected to begin construction on its next tower in the Texas Medical Center area around the end of the third quarter of 2019, according to a press release from Houston-based Transwestern.
Transwestern Executive Vice President Justin Brasell and Senior Vice President Lisa Bovermann are handling health care leasing for the project, dubbed Innovation Tower, per the release.
Plans for the medical tower first emerged in November 2017. However, as expected, much has…
Oakley founder buys 2 lots in Kauai’s North Shore Preserve for $19M
The seller was North Shore Preserve Inc., which is owned by Princeville at Hanalei master developer Jeff Stone.
Industrial building in Miami-Dade sells for $10.5M
The two-story warehouse and storage building is just west of Miami International Airport.