Real Estate Blog

Apartment conversion of former Penn Rose Building on Penn Avenue leases up ahead of projections

Look for a list of new shops, services, other retail and at least one new restaurant to open in the 1,100-acre mixed-use Riverwalk development in Rock Hill in the coming months.

After the success of its first San Antonio community, Houston-based Liberty Home Builders will put 150 new homes on the market in the San Antonio area by spring 2019. The homes will be in Converse, which is in northeast San Antonio.

The homebuilder said its first community, Rhine Valley in Schertz, has proven market demand, and the company will soon begin delivering homes at Knox Ridge, a 771-home master-planned community along Farm-to-Market Road 1516 in Converse. The homes at Knox Ridge will…

Former NFL quarterback Michael Vick and his wife, Kijafa Vick, sold their Davie home to a former gridiron opponent for $1.4 million.

New England Patriots defensive tackle Lawrence T. Guy and his wife, Andrea Paola Guy, bought the 6,295-square-foot mansion at 12529 S. Stonebrook Circle. Vick was represented in the deal by Coldwell Banker Residential Real Estate’s Giselle Bonetti.

The price equated to $222 a square foot.

“The gorgeous property went under contract after just a few weeks on the…

Denver's price slowdowns outpace the national slowdown, according to a monthly report.

Thomasville-based Old Dominion Freight Line is dedicating six new or expanded terminals across the country, adding to the trucking company's network of 233 terminals.

The company completed building or renovating six terminals in six states this summer. Triad Business Journal previously reported that Old Dominion had plans to open at least four new or expanded service centers in the second half of the year.

The six latest completed service centers are:

Birdsboro, Pennsylvania: The company opened…

Welltower Inc. has been selling off properties in Florida, including a nursing home in the Carrollwood suburb of Tampa.

The health care real estate investment trust (NYSE: WELL) sold ManorCare Health Services Carrollwood to Millennium Management Inc. of Miami for $16.9 million in a deal that closed Sept. 18, according to Hillsborough County property records.

The nursing home has 120 licensed beds, according to the state Agency for Health Care Administration. It was built in 1990.

Welltower closed…

Historic features will be preserved in modern setting.

Cedarland Development wins final city approval for $25 million project.

Becky Kasselman is about to quadruple the size of her office and warehouse when Kasselman Electric Co. moves to suburban Albany, New York.