Real Estate Blog
KC’s biggest residential realty company goes regional with combination
The Kansas City area’s top residential real estate firm is expanding territory, and its horizons, through a combination.
Leawood-based ReeceNichols Real Estate will combine with Carol Jones Realtors. The merger will bring Carol Jones’ 10 offices throughout southern Missouri and roughly 265 agents under the ReeceNichols name beginning next week.
Asked about the biggest change coming as a result of the deal, ReeceNichols President Mike Frazier said: “ReeceNichols is going to be a regional company…
Cushman & Wakefield IPO won’t affect Hawaii
Cushman & Wakefield, one of the largest commercial real estate firms in the world, said Thursday that it plans to go public, but the initial public offering won’t affect the firm’s Hawaii affiliate, Cushman & Wakefield ChaneyBrooks.
ChaneyBrooks became a Cushman & Wakefield affiliate in early October after ending its affiliation with NAI Global, but the firm’s ownership under its president, Steve Sombrero, didn’t change.
Sombrero and Managing Director Joe Haas told Pacific Business News…
Prop. 13’s next act: Big changes are eyed for California’s landmark tax law — could they actually ease the housing crisis?
After 40 years, California's Proposition 13 could change again to make it easier for seniors to move and keep their tax breaks. Will this perpetuate the problems Prop. 13 has created in California, or could it actually ease the Golden State's housing crisis?
Four Hawaii affordable rental projects get tax-credit financing
The sale of the tax credits will help the developers finance the cost of building the affordable projects, which have a collective budget of more than $82 million, according to the Hawaii Housing and Finance Development Corp.
Guest opinion: Marin’s Housing crisis fuels workforce shortage and inequality
On May 4, Marin Economic Forum (MEF) hosted a briefing on “Marin’s Housing Shortage – Costs and Potential Solutions,” where our economists presented extensive research and analysis on the impact of our chronic lack of housing supply.
Some impacts are explicit, like having some of the worst traffic in the North Bay.
Other impacts are less explicit for most of us, such as Marin’s ranking for the highest minority income disparity in the state of California.
Our analysis calculated the costs…
Hasson adds a new team to its metro region lineup
The Lake Oswego real estate company has grown with a team of 10 from Hillshire Realty Group.
Bay Area refugees are lighting up the home market in this California city
Sacramento real estate agents are preparing for a scorching, market-hot summer, as analysts predict Bay Area residents will account for one-third of prospective homebuyers in the region.
Aspen’s controversial, historic Boomerang Lodge sells for $10 million
Aspen developer Mark Hunt has purchased the historic Boomerang Lodge and the land it sits on at Fourth Street and Hopkins Avenue for $10 million.
The deal was recorded with the Pitkin County Clerk and Recorder’s Office on Tuesday. Hunt bought the 27,000-square-foot parcel from a company known as FSP ABR LLC and Baltimore-based Alex Brown Realty.
Local businessman Steve Stunda also had an interest in the property, which has seen several land-use proposals that faced opposition either from neighbors or Aspen City Council.
Hunt declined comment when asked about his specific plans.
Related Articles
Denver’s storied, 126-year-old Brown Palace Hotel and Spa sells for second time in four years
Trump complains about traveling to Canada ahead of Singapore summit with Kim
Breckenridge luxury hotel project’s first open house opens eyes
Hostel-style hotel built from shipping containers planned for Silverthorne
Steven Goldenberg, who lives in the neighborhood, said he m..
Denver’s Alterra Mountain Co. to buy Utah’s Solitude Mountain Resort
An emerging Denver-based ski industry giant expects to soon add another piece to its fast-growing empire.
Alterra Mountain Co. announced Wednesday that it has entered into an agreement to buy the Solitude Mountain Resort outside Salt Lake City.
Solitude is a 1,200-acre mountain resort with 77 skiing and snowboarding runs, according to its promotional materials. In summertime, it offers visitors lift-served hiking and mountain biking. It is near Deer Valley Resort, another Utah ski area Alterra bought in October.
“With its close relationship with Deer Valley Resort, Solitude Mountain Resort is a natural fit for Alterra Mountain Co., and a tremendous addition to our family of destinations,” Alterra CEO Rusty Gregory said in a news release. “We are especially excited to expand our reach within Utah and offer another ski and snowboard experience in a state known for its exceptional snow and mountain culture.”
The purchase is expected to be completed by late fall, according to Wednesday..
Nearly two years in the making, Brighton Boulevard makeover expected to supercharge RiNo growth
When Harold Hill opened his farm-machinery business at 3100 Brighton Blvd. in the late 1940s, the street was a dusty, industrial strip populated with warehouses, a foundry and little else.
For decades afterward, the road went largely unchanged. As recently as 2016, Brighton was a two-lane street with no curbs or drainage infrastructure and less than a mile of sidewalks, barely a step above a gravel road in places.
At 2:30 p.m. Thursday, a who’s who of Denver officials will gather on the boulevard to celebrate the near-completion of a total overhaul of the roadway that kicked off in October 2016. The two-phase, $41 million project, expected to be 100 percent done in the spring, is expanding Brighton by a lane in each direction between 29th and 44th streets. It has added traffic signals, connected sidewalks and built raised, protected bike lanes on both sides of the street.
There is still concrete to be poured to complete the sidewalk and bike connections, public works officials say, ..