Real Estate Blog
Apartments coming to Kingwood, Towne Lake in Houston area
Apartment projects are getting underway in or around master-planned communities in the Houston area.
Dallas-based SWBC Real Estate, a division of San Antonio-based SWBC, announced Sept. 17 that it has broken ground on The Royalton at Kingwood in northeast Houston.
The project, previously called Kingwood Ranch, will be on 15.9 acres along North Park Drive, just west of Interstate 69, according to a Sept. 17 press release. It will be adjacent to a mixed-use development called Kingwood Place,…
LA investor embarks on $46M apartment project in Mesa
The multifamily developer is looking at building high-end apartment options in Mesa that are still affordable for younger workers.
Foreclosed home at Hawaii’s Hualalai Resort goes back to the bank for $6M
Bank of America foreclosed on a home in Hualalai Resort on the Big Island of Hawaii and took it back at auction for nearly $6 million.
The bank filed to foreclose on the one-acre property at 72-104 Pohinahina Place two years ago, alleging owner Robert W. O’Neel III defaulted on a $6.49 million mortgage, according to court records. O’Neel bought the four-bedroom, 4.5-bath, 5,175-square-foot home in 2005 for $9.5 million.
The bank won a judgment in January, and the sale at auction was confirmed…
Oahu luxury home sales increase 15%, but median price declines
The number of luxury homes on Oahu selling for $1.5 million and above rose 15 percent last month compared to the same month last year, although the median price of those homes declined by 8 percent, according to an analysis by Coldwell Banker Pacific Properties.
There were 54 luxury homes sold on Oahu in August, topped by the $10 million sale of a house on Kahala Avenue. The seller was represented by Anne Oliver of Coldwell Banker Pacific Properties.
That’s compared to 47 sales in August 2017,…
Home builders project strong outlook for new homes: The List slideshow
Home builders around the Milwaukee area are seeing lots of strong indicators as they look at demand for newly constructed single-family homes, but share some concern about a shortage of qualified labor.
The List of largest Milwaukee-area single-family home builders features those builders that submitted information to the Milwaukee Business Journal about the number of detached home starts in Milwaukee, Waukesha, Washington, Ozaukee, Walworth, Racine and Kenosha counties in 2017.
The List also includes…
Parking, prices stunt downtown development, Buffalo leasing companies say
For all the gains made in the Queen City this century, Buffalo's office space brokers say a few key steps could create even more of a surge in office building development.
Cardinals’ Larry Fitzgerald selling Paradise Valley home for $5M
Arizona Cardinals wide receiver Larry Fitzgerald has put his Paradise Valley home on the market for $5 million.
The 9,321-square-foot property sits on just under 2 acres and includes seven total bedrooms and eight bathrooms. The home includes a number of eye-popping features and amenities, particularly its back yard with two pools, a lazy river and lush greenery throughout.
Among the other amenities are a home theater, game room, 1,200-bottle wine room and garages enough for a dozen vehicles. The…
Downtown Denver office use to increase by more than 1 million square feet annually through 2021
Businesses will move into more than a million square feet of downtown Denver office space every year between now and 2021, according to new projections from international real estate advisory firm Newmark Knight Frank. The anticipated demand should mean big bucks for landlords from Uptown to RiNo.
If met, the four-year forecast, released this week, would blow away the 322,055-square-foot per-year average set between 1980 to 2017, but it is not unprecedented.
“The last time Downtown Denver saw a four-year run of robust absorption, totaling approximately 1 million square feet per year, was in the early 1980s,” Newmark Knight Frank’s Sam DePizzol said in statement, “when the Denver skyline essentially delivered.”
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Online interior design biz Havenly to offer in-person consultations at two Nordstrom stores, Denver HQ
A Denver company created to provide interior design services online will soon be inviting would-be customers to drop by corporate HQ for free, in-person consultations.
Havenly is joining the growing number of companies crossing the physical-digital divide to bring services to customers in the real world.
The RiNo-based business announced Thursday it will open design studios in two Nordstrom stores on opposite ends of the country in the coming weeks. Visitors can walk in or make an appointment for a free, 30-minute consultation with an interior design expert, the company said. Nothing is planned for Colorado Nordstrom stores yet, but Havenly will offer the same in-person service at its corporate office inside Zeppelin Station, 3501 Wazee St., starting in October, officials said.
“Certainly, we hope we get to expand with Nordstrom but in the interim we will be booking appointments right here in RiNo,” company co-founder and CEO Lee Mayer said Thursday.
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Amazon’s new warehouses are a big step toward urban fulfillment center towers
A new wave of fulfillment centers brings Amazon closer to urban high-rise warehouses envisioned in its drone patents, and HQ2 bidders may have unwittingly helped.