Real Estate Blog
Dayton-area housing market sees increase in prices, inventory
The Dayton-area housing market finished the summer strong.
The average sale price of a single-family home or condominium in August was $170,981, an increase of 5 percent from last year, according to a report from Dayton Realtors (formerly Dayton Area Board of Realtors). Additionally, the median home price saw a 7 percent increase from August 2017, reaching $150,000 last month.
A healthy housing market is a sign of an overall healthy economy.
Around 1,640 single-family homes and condominiums sold…
French magazine editor buys Miami Beach mansion for $12M (Photos)
Jean Pierre Cohen, the editor-in-chief of French luxury real estate magazine Residence Immobilier, paid $11.69 million for a waterfront mansion in Miami Beach.
One Sotheby’s International Realty represented both side in the sale of the 7,961-square-foot home at 1374 S. Venetian Way, Unit B, on San Marco Island. Roy Benmeir and Rachel Benmeir worked with the buyer, and Allan Kleer and Fabian Garcia-Diaz listed the property. The seller was the Gerald H. Goldfarb Family Loan Term Trust.
The price…
Sotheby’s is moving its South Tampa office to Hyde Park Village
Premier Sotheby's International Realty is moving its South Tampa office to Hyde Park Village.
The developer of Hyde Park, Boston-based WS Development, said Thursday that Sotheby's has signed a 3,381-square-foot lease on the second floor of the building at 744 S. Village Circle, which is above Juxtapose and Level Salon.
Sotheby's will open in Hyde Park in November. Its current office is at 202 S. Moody Ave.
“As Hyde Park Village continues to diversify and engage the right fit of business, retail,…
DBJ event to focus on the Business of Aging: Housing, Technology, Healthcare
An event will be held in Dayton next month looking into the business of the aging.
Every day, 10,000 people turn 65 in the United States. Seniors are one of the largest growing demographic groups in the Miami Valley, too.
The Business of Aging: Housing, Technology, Healthcare event will feature a panel of experts on senior trends in housing, technology and healthcare, exploring the business of aging in the Miami Valley.
The event — hosted by St. Mary Development Corporation and the Dayton…
USAA plans to eliminate hundreds of jobs in real estate division
San Antonio-based USAA is eliminating hundreds of jobs in its real estate lending and real estate rewards network operations, citing competitive factors, the Business Journal has confirmed.
About 265 employees across San Antonio, Tampa and Phoenix will be laid off in mid-November. It was not immediately clear how many positions will be eliminated in each market. USAA plans to offer support for the employees affected, including other roles in the company. Roughly 100 people were offered “other…
Apple execs recount early days at Infinite Loop campus
As Apple Inc. employees start new memories in the company's shiny, new “spaceship” headquarters in Cupertino, executives past and present reminisced about the company's first major home.
Before Apple became the world's first trillion-dollar company and moved into a $5 billion campus designed by late CEO Steve Jobs, 1 Infinite Loop in Cupertino was ground zero for the iPhone maker before … well, before it was an iPhone maker.
Numerous early Apple employees, including Tony Fadell, Heidi Roizen…
Health Care Digest: UCSF’s ImmunoX revolution, Gilead’s deal, a pain breakthrough and more
Editor's note: The San Francisco Business Times is launching this weekly health care digest by biotech reporter Ron Leuty. It features a round-up of local news items, musings from notable figures, insights from other publications and must-reads from our own newsroom. As always, I'd love to hear what you think and how we can improve. Please email biotech reporter Ron Leuty ([email protected]) with any feedback, suggestions or possible news items for this feature.
A gift from Gerson Bakar…
New owner spells out plan for Lake Washington Park Building in Kirkland
Rents are rising due to a severe shortage of big blocks of contiguous space in Kirkland and Bellevue, but a new space could be available for lease as soon as next year.
$242M investment in Gaylord Rockies beefs up Nashville company’s western presence
One of the three parties in the development of the Gaylord Rockies is selling its share of the massive hotel and convention center to co-owner.
Majority owner of Hawaii industrial land REIT to merge with affiliate
The majority shareholder of Industrial Logistics Properties Trust, the largest owner of industrial property in Hawaii, is merging with another affiliated real estate investment trust in an effort to eliminate cross ownership and boost shares of the industrial real estate REIT.
Select Income REIT (Nasdaq: SIR) will merge with Government Properties Trust (Nasdaq: GOV) into a single REIT that will own office buildings “primarily leased to single tenants and high credit-quality tenants like government…