Real Estate Blog
Alabama lake market hits $1.23 billion
Lake real estate continues to grow as a sector of real estate in Alabama, up more than 12 percent over the last year.
Renting an apartment in Milwaukee’s suburbs? See where your prices rank across metro
Milwaukee rent prices increased slightly from April to May, according to Abodo.com, the Madison-based apartment listings and analytics company.
Per a report on renting prices in the Milwaukee metropolitan area, the city experienced a 2.29 percent increase for the price of a one-bedroom apartment. The rent price for a Milwaukee one-bedroom apartments currently stands at $849. The average two bedroom unit in May is $992, a 0.81 percent increase from the previous month.
In the suburbs, however,…
Pegulas buy Richard Garman estate in Southtowns
Terry and Kim Pegula, the owners of Buffalo Bills and Sabres, have added a Town of Aurora estate to their growing local real estate portfolio.
The Pegulas, through their East Property Management LLC affiliate, acquired the Mill Road house and property that had been owned by the late Richard Garman, Buffalo Crushed Stone chairman, CEO and philanthropist. Garman died last year.
According to documents filed Monday in the Erie County Clerk’s office, East Property Management paid $2.5 million for…
Four things about Sacramento’s first-quarter office numbers
New Ice Blocks office space and more Bay Area firms reaching out to Sacramento are just some of the trends to watch for in 2018.
DivcoWest, CalSTRS to invest $300M in commercial real estate throughout California, other high-growth markets
DivcoWest Real Estate Services and the California State Teachers’ Retirement System have raised $300 million for a joint venture to acquire commercial real estate throughout California and in other high-job growth cities.
In the 15 years the two have been working together, DivcoWest has put to work more than $1.5 billion of CalSTRS investments into various DivcoWest-sponsored investment vehicles.
“We continue to commit capital to DivcoWest, not only because of our partnership’s financial…
Colliers International buys real estate equity firm with local investments
Colliers International buys Harrison Street Real Estate Capital LLP
Honolulu home sales rise 4% in April, national sales rise 2.3%, Re/Max report says
Honolulu home prices rose by 4 percent in April, and Hawaii’s largest market was one of the few in the United States where inventory is growing, according to the May National Housing Report from Re/Max.
Sales of single-family homes and condominiums combined rose 7.84 percent in April, compared to the same month last year, to 853 closed transactions, while the months of remaining inventory rose 4.93 percent to 2.8, the report said.
According to the Honolulu Board of Realtors, single-family homes…
3 questions with Bob Chancer of Mauna Kea Realty — A Hawaii Life Company
Bob Chancer, the firm’s principal broker, told Pacific Business News that he and Steve Hurwitz had been approached by other companies seeking to acquire the firm but the timing wasn’t right until Hawaii Life’s Matt Beall and Winston Wellborn approached them last year.
Condominium construction revving up in Phoenix area
Where the next condos will be built in metro Phoenix
Photos: Check out Houston’s most expensive homes sold in April
After three months of declines and two months with flat sales, Houston luxury home sales — or homes priced at $750,000 and up — finally increased in April compared to the year prior.
The most-expensive home sold in April was a roughly 8,100-square-foot residence at 9111 Memorial Drive, according to data from the Houston Association of Realtors. It was listed for $6.9 million by Realtor Dee Dee Guggenheim Howes of Martha Turner Sotheby's International Realty, which represented two other houses…