Real Estate Blog

U.S. mortgage rates remained stable this week, according to Freddie Mac.

The 30-year fixed mortgage averaged 4.45 percent for the week ending Jan. 24, unchanged from the previous week. A year ago, mortgage rates stood at 4.15 percent.

Low mortgage rates had been helping propel U.S. home sales and the refinance market.

Sam Khater, Freddie Mac’s chief economist, said mortgage rates today are about at the same level as spring 2018.

“Mortgage rates have stabilized during the last month and are…

Gazit Globe Ltd., an owner, developer and operator of retail property across the globe, is expanding its Boston portfolio with a purchase on Newbury Street.

The company has acquired 341 Newbury St., a six-story, 49,000-square-foot building, for $51 million. The property is leased to Japanese clothing retailer Uniqlo and boutique fitness studio SLT, and also includes a 98-space parking garage.

The Dartmouth Co. brokered the deal.

Gazit’s (NYSE: GZT) local portfolio includes 467 Washington St.,…

TruAmerica Multifamily and Tokyu Land U.S. Corp. paid more than $100 million combined for two metro Atlanta projects.

Goodale Boulevard in Grandview is getting busier, and its latest new tenant is well aware of it.

Welcome to Million-Dollar Dream Homes, Triad Business Journal's window into the top end of the Triad's residential real estate market. Each week, we'll feature a home (translation: mansion, estate, manor, compound) that's for sale for a $1 million or more. We'll tell you a little bit about its history and show you a few pictures – so gawkers can gawk and shoppers can shop. Are you a broker with a million-dollar residential listing in Alamance, Caswell, Davidson, Davie, Forsyth, Guilford, Montgomery,…

A company managed by Howard Hoffen, chairman and CEO of private equity firm Metalmark, sold a condo in the Continuum on South Beach for $11.2 million.

Pinky Properties, managed by Hoffen, sold the 4,004-square-foot condo to 100 S Pointe DR LLC, managed by West Palm Beach attorney Gary Walk. It's likely that Walk represents the undisclosed owner of the LLC, which is a Delaware-registered company.

The condo has four bedrooms and 5.5 bathrooms. The price equated to $2,797 per square foot.

The…

A penthouse at the new Four Seasons Residences at the Surf Club in Surfside sold for $35 million — the highest price yet in the ultra luxury building.

SC Residences Condominium LLC, an affiliate of developer Fort Partners, sold the 6,934-square-foot Unit S-PH1 at 9001 Collins Ave. to Megawatt South Homestead Trust, which listed Energy Capital Partners Senior Partner/Founder Douglas W. Kimmelman as trustee. The buyer received a $10 million mortgage from JPMorgan Chase Bank.

The price equated…

All of the projects are scheduled to be heard by the Gwinnett County Planning Commission on March 5.

“Can withstand 20-megaton blast from 2 1/2 miles, 1,000 mph winds, and 40-G shock wave.”

The first apartment building of the project is in similar position.