Real Estate Blog
Northeast Suites launches ‘made-in-America’ corporate apartments
Corporate apartments aren’t necessarily known for their hand-crafted furniture or unique product mix. But a new business model from Northeast Suites aims to change that.
Northeast Suites, a Boston-based company that provides furnished short- and long-term corporate apartments and vacation rentals, is launching a “GoLocal” system for its units that features all American-made products. Northeast Suites has more than 300 rooms in markets around the country, including Boston, San Francisco, Denver,…
Residential developers plan 266 townhomes, 177 single-family homes in Gwinnett County
In the largest of the new proposals, The Providence Group of Georgia LLC is proposing a 272-home traditional neighborhood development in Suwanee.
Developer ProsPac hires veteran A&B exec to oversee Hawaii project
ProsPac Holdings Group has hired veteran Hawaii real estate executive Rick Stack to oversee the developer’s operations, including the development of Azure Ala Moana, its 429-unit mixed-use tower planned for a site across from Walmart’s Honolulu store.
Stack, who was named executive vice president of ProsPac Holdings Group, was most recently head of the commercial and high-rise development operations at Alexander & Baldwin (NYSE: ALEX), overseeing development of such projects as The Collection…
Shift in Ikea’s expansion strategy could benefit Hawaii
Swedish home furnishings giant Ikea has never done business in Hawaii, where the population and isolation of the Islands has not met its minimum requirements for one of its sprawling warehouse stores, but that could possibly change as the retailer adapts its expansion strategy to reach more customers in urban centers with smaller stores.
While the population of Oahu is only about half the size of Ikea’s 2 million minimum, the demand is certainly here. PBN readers two years ago overwhelmingly said…
Five reasons this could be the Triad’s first Amazon fulfillment center
The developer has done several very similar projects for Amazon.
New owner talks plans for 90-year-old downtown Raleigh restaurant
The new owner of the Mecca Restaurant says he plans to keep the eatery as it is: a historic diner serving up good food in the heart of downtown Raleigh.
Empire Eats CEO Greg Hatem has struck a deal to purchase the nearly 90-year-old restaurant from its longtime owners, the Dombalis family.
“It’s more about carrying on the tradition,” Hatem says. “You’re not an owner, you’re a steward of something like that.”
The sale includes the two-story, 2,304-square-foot building on East Martin…
Go niche or go home: Brick & Timber Collective strikes gold by reviving historic San Francisco buildings into high-end office space
While many investors chase blockbuster deals in San Francisco's hot office market, Brick & Timber Collective have focused on creating high-end creative space in San Francisco's North Waterfront.
Maracay Homes investing $69M to develop master-planned community in Gilbert
This homebuilder is returning to the Southeast Valley with a new project.
Zillow: Less than 10% of Phoenix homeowners are underwater
Phoenix in better shape than national average when it comes to underwater mortgages
Denver firm buys Ft. Lauderdale apartments for $24M
The price equated to $174,286 per unit.