Real Estate Blog

Home sellers in Bernal Heights typically rake in more than half a million dollars.

This developer of luxury leased home neighborhoods has sold its first two assets

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

More than 40 percent of the households in seven Western New York neighborhoods contain but a single resident.

The U.S. Census Bureau defines a household as one or more persons who live in a given house, apartment, condominium or trailer, regardless of whether they are related by blood or marriage.

A majority of households, of course, have multiple residents. But seven Western New York ZIP codes — five in Buffalo and two in Niagara Falls — exceed 40 percent in terms of people living alone.

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The Radiant sure draws the eye.

The team behind the lustrously namedluxury apartment building now consuming the 2100 block of Welton Street this week celebrated topping out on its 18th and final floor. The sizable project is expected to begin welcoming the first renters into its 329 units next June, developers say.

A block over, the Alexan Arapahoe Square project is on pace to deliver another 355 luxury apartments to Five Points by February, according to its website.

The two big builds make up a small slice of the apartment market being constructed in the city, and they are part of a trend playing out in Denver and nationally: developers building luxury apartments at a much higher rate than apartments attainable for lower-income earners.

Denver’s seemingly astronomical rent growth since 2000 finally appears to be slowing down. Apartment List tracked a 1 percent year-over-year increase in median one-bedroom rent in the city last month, down from a 7.3 percent jump between May 2015 a..

An internal Navy memo has suggested the Concord Naval Weapon Station as a possible immigrant detention camp.

The memo, obtained by Time, details plans for detention centers to be set up at different military bases across the United States as part of enforcing President Trump's “zero tolerance” policy for illegal immigrants cross the United States' southern border.

“The proposal, under consideration for approval by the Secretary of the Navy, shows the Navy is preparing plans to construct detention…

1,704 acres of vacant land were sold in May.

New renderings and drone footage of the $80 million mixed-use redevelopment of the old Shriners Hospital for Children site in Frontenac that HDA is designing for Desco Group.

There was a 35 percent difference between the pro-forma rent, or what a developer could reasonably expect to charge in rent, compared with the break even rent, which is what a developer would need to simply cover costs.

Klemencic's parents took him to Chicago to visit museums, but it was the city's famous skyscrapers that caught the eye of the boy from small-town Wisconsin.