Real Estate Blog
The Connor Group gains $14M on sale of out-of-state apartments
The Connor Group, a national real estate investment firm based in Miamisburg, has made a sale of a Georgia apartment complex for over $40 million.
The group sold its Parkside at Town Center, a 234-unit luxury apartment complex in Marietta, Georgia, for $41.3 million. This marks the company's 128th property sold in 25 years of business.
The Parkside at Town Center was bought by The Connor Group in 2014 for $27.2 million. Investors in The Connor Group recorded a 161 percent return on investment in…
Exclusive: $15 million penthouse sale in 181 Fremont breaks condo price record in San Francisco
With the condos in 181 Fremont in San Francisco, developer Jay Paul Co. set out to prove that San Francisco is a global city worthy of eye-popping prices for homes.
It appears Jay Paul is on track — at least with the first penthouse sale in 181 Fremont. The three-bedroom, 3,326-square-foot home sold for $15 million or about $4,509 per square foot setting a record as the highest price-per-square-foot condo sale in San Francisco. The buyer was not disclosed.
Compared with condo prices in cities…
New look: Austin developer demolishes strip club for these towers
A real estate developer from Austin has released new renderings of its three-tower downtown project, as excavators claw away at the Déjà Vu Showgirls strip club that used to operate on the site.
Endeavor Real Estate Group has just started site work to build a 20-story office building at 1222 Demonbreun St. — a gateway into downtown and the Gulch, which is the most metropolitan slice of Nashville. The building, which will contain 324,000 square feet of office space and street-level retail, is…
Chestnut Hill apartments sell for $170M
Goldman Sachs Asset Management Private Real Estate paid $170 million for Chestnut Hill Village and Blosson Row, a two-property apartment portfolio that has a total of 821 units.
Chestnut Hill Village at 7715 Crittenden St. has 704 units in 23 two- and three-story buildings. Blossom Row at 7650 Crittenden St. encompasses 117 two-story townhouse that have fenced-in backyards and finished basements. They sit on a total of 45 acres and near the Wyndmoor train station.
AIMCO was the seller. The properties…
Memphis-based consultant on Bezos’ negotiation process: ‘Constantly hammering’ officials is the norm
Hammering officials about incentives is “pretty consistent with how we operated,” said Mike Mullis, principal of the site selection firm J. M. Mullis Inc.
Image Skincare executives sell Miami Beach mansion for $19M (Photos)
A company headed by Janna M. Ronert and Dr. Marc A. Ronert, the couple behind Image Skincare, sold a waterfront mansion in Miami Beach for $19.25 million.
The 11,985-square-foot mansion at 4395 Pine Tree Drive along Indian Creek was sold to ONJ Holdings LLC, managed by Michael Gallaro. Miami-based City National Bank of Florida awarded a $5.1 million mortgage to the buyer.
The seller was Zumaro LLC, managed by the Ronerts. They were represented by the Coldwell Banker team of The Jills, led by Jill…
Dream Cabins: Home with Lake Superior views and proximity to Duluth listed at $1.48 million
A home that overlooks Lake Superior with 500 feet of shoreline is on the market for $1.48 million.
Featuring dazzling views, the four-bedroom, four-bathroom home seven miles from Duluth sits on a 2.4 acre lot. The two-story, 3,360-square-foot house also has a gazebo and a yard with numerous white pine trees.
The home includes a tall living room, with a stone fireplace that reaches to the ceiling and numerous windows for plenty of natural light. The home was built in 2005.
An attached, heated…
Residential real estate brokerage expands northern Arizona footprint with acquisition
The brokerage has been in growth mode for the past three years.
Maui home sales increase by more than 20% in July
Home sales on Maui rose by more than 20 percent last month, compared to last year, while the median price of a condominium in July rose by nearly 17 percent, according to statistics from the Realtors Association of Maui.
The median price of a condominium on Maui in July was $513,163, which was an increase of 16.6 percent from $440,000 in the same month last year. That was based on sales of 136 units, which was 34.7 percent more than the 101 units that sold in July 2017.
The median price of a single-family…
Waukesha County neighborhoods on display for Parade of Homes
Several Milwaukee-area builders will showcase their new home construction designs during the 2018 Metropolitan Builders Association Parade of Homes beginning Aug. 10.
Visitors can walk through 22 new homes located inside three subdivisions in Waukesha County, the region's largest growth area for new homes. Homes are open Monday through Friday between 4 and 8 p.m., and Saturday, Sunday and Labor Day from 11 a.m. to 5 p.m. Tickets are $12 for adults and $6 for seniors and children. The tour ends…