Real Estate Blog
Mansion that sold for record US price heads back to market for $38.5M (Photos)
The $36.2 million sale of a gated luxury estate in Dallas' Old Preston Hollow — once owned by former Texas Rangers and Dallas Stars owner Tom Hicks — set a U.S. record as the highest price paid for a residential property hitting the auction block when it sold in late December.
Apparently, it was still a bit of a fixer upper.
Now, seven months after buying the 28,000-square-foot, 10-bedroom, 12-bath mansion on Walnut Hill Lane, Dallas-based investor/developer Mehrdad Moayedi has renovated and…
EXCLUSIVE: Luxury housing development coming to Mount Lookout Square
A luxury housing development is coming to Mount Lookout Square.
Austin home market softer in June but still rock hard
“The Central Texas housing market is among the top three in the country,” according to Jim Gaines at Texas A&M's Real Estate Center.
Flip this mansion: Former Hicks estate back on market for a mere $38.5M
The $36.2 million sale of a gated luxury estate in Dallas' Old Preston Hollow — once owned by former Texas Rangers and Dallas Stars owner Tom Hicks — set a U.S. record as the highest price paid for a residential property hitting the auction block when it sold in late December.
Apparently, it was still a bit of a fixer upper.
Now, seven months after buying the 28,000-square-foot, 10-bedroom, 12-bath mansion on Walnut Hill Lane, Dallas-based investor/developer Mehrdad Moayedi has renovated and…
Portland housing prices continue their upward climb
Closed sales were down in June compared to last year, but prices have continued to rise each month.
Neighbor’s lawsuit halts housing project that would replace Monte Sereno inn, bar and restaurant
The owner of a bar and a restaurant both located inside a 20-room inn wants to replace all three uses with 36 new market-rate housing units, but a recently-filed CEQA lawsuit has put the project on hold.
Why Californians snapping up Arizona luxury homes could signal tax exodus
A luxury-home builder in Scottsdale says Californians who were considering moving to Arizona, are now actually buying. It doesn't hurt that Scottsdale's luxury homes are a bargain compared to the Bay Area's pricey housing market.
Coming Sunday: Target ready to open in downtown Denver’s 16th Street Mall
When fast-fashion retailer H&M opened its first Colorado location on Denver’s 16th Street Mall in 2011, more than 900 people lined up for its grand opening.
Target is set to open its long-in-the-works store on the mall at 8 a.m. Sunday. The first 1,000 shoppers get a free reusable bag.
It remains to be seen if that event will generate the same kind of fervor H&M did. After all, Target is well known in Colorado, having operated stores here for decades. It’s got brand recognition but isn’t trendy or new like its Scandinavian counterpart.
Regardless of how many people line up before the new store’s doors are flung open at 1600 California St., downtown business advocates are ecstatic over its arrival and what it says about the economic vitality of a portion of Denver sporting a retail vacancy rate of 3.3. percent.
“When Target chooses to locate somewhere they are sending a message that the customer base is there,” Downtown Denver Partnership CEO Tami Door said Monday. “This shows this ..
Construction underway on senior-living building in Golden Valley
Construction is underway on a $26 million senior-living facility in Golden Valley.
The project, called Global Pointe Senior Community, is a five-story, 99-unit apartment building that includes 20 independent-living units, 48 assisted-living units and 31 memory-care units.
The site, at 5200 Wayzata Blvd., was recently awarded $315,819 in pollution-cleanup funding by the state's Department of Employment and Economic Development, the department said in a release.
Mark Globus — managing director…
Laura St. developer: Downtown has moved beyond mere ‘potential’
The Barnett building is two months ahead of schedule, SouthEast's Steve Atkins said, and there are about 400 to 500 people on the waiting list to rent the building's future apartments.