Real Estate Blog

Lennar Corp. Executive Chairman Stuart Miller said the homebuilder’s investment in tech startup Opendoor would mesh nicely with the company’s strategy of getting more involved in the digital side of the home sales process.

Miami-based Lennar (NYSE: LEN) is the nation’s largest builder of new homes and it also has a mortgage division, but it rarely gets involved in home resales. Opendoor could change that.

Miller spent a good portion of Lennar’s June 26 conference call with analysts touting…

The financing shows that the company’s pioneering business model is gaining greater acceptance among pension funds, insurers and other institutional investors.

Home prices continue to rise in most of the country, but they reversed course in a few of the largest metro areas in April, according to the latest S&P CoreLogic Case-Shiller U.S. National Home Price Index.

The price index for the entire country rose at an annual pace of 6.4 percent in April, down from a 6.5 percent gain in March.

Metro Denver’s home price index rose 0.4 percent month-over-month and is up 8.6 percent on the year, which ranked fourth out of the 20 cities tracked. Seattle, Las Vegas and San Francisco all had double-digit annual gains.

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When Larimer Square owner Jeff Hermanson and partners introduced plans in February to redevelop Denver’s most historic block and add two tall buildings there, it was sure to make waves.

This week, with the proposal on ice as Hermanson gathers feedback, Larimer Square has landed on a list of America’s most endangered historic places.

The National Trust for Historic Preservation for 31 years has been creating a list of places that capture American architectural and cultural heritage that it feels are at risk of damage of destruction because of natural or man-made forces. In an unranked list released Tuesday morning, the Trust counts Larimer Square among the 11 most endangered places in the country for 2018 because of “an inappropriate development proposal that calls for partial demolition of several buildings, (and) the potential construction of two towers,” according to a news release.

“LoDo has emerged as a center of cultural and commercial activity in Denver largely because of Lari..

Sentinel Development and Blue Vista Capital broke ground this week on a $95 million 180,000-square-foot shopping center on Hawaii’s Big Island that will be anchored by a 63,000-square-foot Safeway store and gas station.

Thomas Reiter of Sentinel Development told attendees at Monday’s groundbreaking for the Niumalu Marketplace in Kailua-Kona that the developers “envision this to be the new community center,” West Hawaii Today reports.

Sentinel Development and Blue Vista Capital bought the…

The lawsuit against Aloha Kai Development LLC, California-based MB Property Acquisitions LLC and its principal, Michael Blumenthal, Tama Home America LLC and Japan-based Tama Home Co. Ltd. was filed in U.S. District Court in Honolulu last week.

Eight Wisconsin contractors including Spancrete Inc. and The Boldt Co. won a combined $14 million in contracts for the first building at Foxconn Technology Group’s Mount Pleasant campus.

That first building, with 120,000 square feet, will have office space for the team of contractors that will construct Foxconn’s $10 billion plant in the coming years. It also will have research and manufacturing space to assemble and package Foxconn’s high-tech LCD screens. Foxconn already leases a building…

A $4.1 million mixed-use development in Soulard is moving forward, with plans to break ground on the project in the next month or two.

The newest tower project in Raleigh's Glenwood South neighborhood will have 10 stories of offices and retail space, one of downtown's largest outdoor courtyards and a coffee shop built out of shipping containers.

That's according to developer Heritage Properties Inc., the firm behind the One Glenwood tower now under construction next door.

The Baltimore-based company has submitted plans to the city of Raleigh for a sister building – a 10-story project built on land the firm has been assembling…

At the end of the day, it all came down to how much the city was able to contribute.