Real Estate Blog

JVM Realty Corp. has acquired Summit Ridge Apartments in Lee's Summit, marking its 10th acquisition in the metro area. JVM, which is based in the Chicago area, declined to disclose the seller or the price.

According to a Thursday release from JVM, the company plans to renovate the complex. That would include full unit upgrades, an expanded fitness center and the addition of a package facility with round-the-clock access for residents. JVM plans to spend about $6 million on the renovations.

“This…

Jordan Schnitzer, who bought the unused jail in April, is open to ideas, but monthly costs may force his hand in another direction soon.

For those many faithful followers of this feature, week after week and year after year, I'm writing this time about a home that has already been purchased, a new angle that will have you talking and thinking.

It's not the most expensive estate. It's not the plushest pad. But it is the most energy efficient home I've ever seen.

It belongs to software engineer John Vert, who is about to move into the brand new home he just purchased for $1.45 million.

One block from Columbia City’s Landmark District…

Daly City’s Westlake Shopping Center could soon be joining the slew of Bay Area malls with plans to develop residential apartment buildings on their property.

Kimco Realty, the mall’s owner, wants to demolish an existing two-story, 55,630 square foot commercial building adjacent to Park Plaza Drive and replace it with a six-story mixed-use residential building with 34,074 square feet of ground floor retail space and 179 apartments above, as well as a two-story, 260-space underground parking…

Developer Crawford Hoying is going before Dublin's planning and zoning commission to talk about plans for the next two blocks of Bridge Park.

The city will hold an informal review this month for the site plan for Blocks F and G, which are immediately east of the current parking structures and north of the new office building currently under construction. The plans call for a hotel, mixed-use buildings and residential components, according to drawings submitted to the city.

“We are still early…

“I think it’s a relatively unique approach for internet service providers to work with real estate developers in this way,” said the chief marketing officer for the startup internet service provider.

The more than $100 million renovation of seven historic buildings will be financed by historic and low-income tax credits.

The buyer has 17 facilities in two states.

Thomas Kramer is the newest addition to Drapac Capital Partners, an Australian real estate company with a Memphis presence.

To some, it may seem like no big deal, just a move across the street.

But to Putnam Investments CEO Bob Reynolds, the asset manager’s imminent shift of its headquarters — from One Post Office Square to 100 Federal St. — is a major milestone indeed.

“Quite frankly, we’ve always been enamored with the building. It’s the building everyone thinks of (when they think of) the Financial District,” Reynolds said of 100 Federal, the downtown office tower perhaps best known by its nickname,…