Real Estate Blog
Marcus & Millichap team close on $27M in medical office deals in Arizona
The projects run from Tucson to several in the Valley.
Dream Homes: Renovated Edina property on the market for $1.7 million
An Edina home in the Parkwood Knolls subdivision is for sale for $1.7 million. Highlights include a billiard room with pendant lighting, five fireplaces, granite countertops, built-in bookcases and custom cabinetry.
The home, at 5409 Londonderry Road, is 6,950 square feet and is built on 1.43 acres. It has five bedrooms and seven bathrooms. Its previous owners put more than $3 million into renovations. It also overlooks a pond and comes with a stone fire pit.
The home was last…
$200 million mixed-use Hollywood Circle project opens
Downtown Hollywood’s $200 million mixed-use Hollywood Circle project opened June 1.
Located next to ArtsPark at Young Circle, Hollywood Circle features the 11-story Circ Hotel and the 25-story Circ Residences.
The Circ Hotel is an upscale boutique hotel with 111 guest rooms and suites; the Olivia Restaurant & Bar, an authentic Italian eatery by Piero Filpi; and The Muse Rooftop Bar & Lounge. It is the first new hotel to open in downtown Hollywood in nearly 40 years.
The Circ Residences features…
Developer calls off demolition plan for Lawrenceville church
Onwugbenu pledges to continue discussions with community groups to find another option for vacant church in Lawrenceville.
Navy to test soil for radiation where housing was built at San Francisco Shipyard
The U.S. Navy agreed on Friday to have a San Francisco Hunters Point Shipyard site where hundreds of new townhomes have been built re-tested, amid fears of radiation and alleged faked soil tests in the area. The Navy also picked companies to retest a 40-acre parcel where more development is approved.
The California Department of Public Health will oversee the testing of Parcel A, where builder Lennar (NYSE: LEN) has sold 269 townhomes and is building more.
Independent contractor Battelle will oversee…
Archimania finds creative neighbor in Loaded For Bear
“Our clients have architectural needs and their clients branding. We hope to collaborate or even just talk about projects in the courtyard while drinking a cup of coffee.”
Martin and Soffer file bid for Miami Beach Convention Center hotel
The proposal would require approval from voters.
Deal of the Week: CA real estate firm makes its first move in ABQ
We've seen several other commercial real estate firms make first-time acquisitions in Albuquerque's apartment market in recent years, too.
This estimated $54M project is headed to land near the Florida Mall
An apartment complex of that size could cost about $54.1 million to build, according to industry standards.
Former Bengals star invests $25M in Cincinnati apartments
One of the Cincinnati Bengals' all-time leading scorers intends to invest more than $25 million in a multifamily housing portfolio project across Greater Cincinnati.
Blue Tide Partners, a Covington-based real estate investment firm founded by Tom Miller and Doug Pelfrey, a Bengals placekicker from 1993 to 1999, recently received a $25 million bridge loan from Columbia Pacific Advisors LLC, a Seattle-based investment services company.
The funding will enable Blue Tide Partners to acquire a nine-property,…