Real Estate Blog
Milwaukee millennials sound off on searching for their first home in tough market
Charles and Chantal Sherer, who are both 27 years of age, had been renting a two-bedroom apartment in the Story Hill neighborhood in Milwaukee the past four years. They've been married for four years and have an infant child.
As a growing family, it was time to own a home, they said. For about a month, they've been searching for a house. Recently, the Sherers put an offer down on a four-bedroom Wauwatosa home…on the same day they first toured it. They were one of 20 groups to pass through the…
New home starts increase in South Florida
Lennar had six of the Top 10 communities for new home starts in the region.
How Randolph Brooks FCU grew mortgage market share during recession
Live Oak-based Randolph Brooks Federal Credit Union unseated a national mortgage underwriter for the most loans originated in the San Antonio area in 2014 and has had held the top spot ever since.
In 2013, Randolph Brooks originated about 5.8 percent of loans in the San Antonio market — or about 3,200 mortgages — putting it behind Wells Fargo & Co., which underwrote more than 6,100 loans during 2013 in the local area. One year later, both institutions' numbers fells, but Wells Fargo's decline…
Simplified plan, new name in store for College Hill brownstones
New ownership gives new life to troubled residential project.
D.C. developer enters the Atlanta market
The company specializes in boutique condo projects in walkable neighborhoods. It has developed more than 40 projects in Greater Washington.
OfferPad gets $150M equity and debt financing to buy more homes, expand technology
This Gilbert company will buy more homes with equity/debt financing package
Former Avis CEO sells Palm Beach mansion for $22M
Former Avis Chairman and CEO Joseph Vittoria and wife Luciana Vittoria sold their waterfront mansion in Palm Beach for $22.43 million.
The 16,067-square-foot home, at 1616 S. Ocean Blvd., was sold to Trust No. 1616SOB. It’s not clear who owns the trust.
The price equated to $1,396 a square foot. It last traded for $5.75 million in 1996.
The home was built on the 1.88-acre site, which stretches from the beach to the Intracoastal Waterway, in 1973. It features 11 bedrooms, 14 bathrooms, four half-bathrooms,…
Key Biscayne penthouse sells for $13M
One of the few remaining penthouses in the Oceana Key Biscayne has sold for $13 million.
Consultatio Key Biscayne LLC sold the 7,559-square-foot Unit PH2N to Alan C. Sklar as trustee of the Crandon Family Trust. It’s not clear who owns the trust. Key Biscayne is home to Crandon Park, which was named for former County Commissioner Charles H. Crandon after he worked on a deal with the Matheson family to donate the land to the county.
The condo unit traded for $1,720 a square foot. It has five bedrooms,…
Colorado man accused of stealing $1 million from Waffle House chairman will stand trial
Glenwood Post IndependentBear Wallow Ranch on Canyon Creek Road west of Glenwood SpringsA Silt man will stand trial for allegedly stealing more than $1 million from Bear Wallow Ranch, a spread west of Glenwood Springs principally owned by the chairman of Waffle House Inc.
A state court judge in Glenwood Springs on Monday found there is sufficient evidence in the case against Charles Zane Farris, who is accused of miscoding expenses and using company checks for his personal gain and stealing equipment, tools and other items over the 30 years he and his wife, Charla, managed the ranch for Joe Rogers Jr.
A separate preliminary hearing for Charla Farris was set for Tuesday.
Garfield County SheriffCharles FarrisCharles and Charla Farris and their sons, Tyler and Dustin, were arrested last summer.
Rogers claims the Farrises paid themselves additional salaries, purchased an additional home with unauthorized money, and left the ranch that they were supposed to be supervising without a mana..
Cedar Park’s economic development boss to step down
Phil Brewer is stepping down as economic development director of Cedar Park.
His last day is Friday, the Austin American-Statesman reports.
Brewer has been the point man for corporate relocations and general business development for 13 years in the suburb northwest of Austin. He's overseen a major diversification of Cedar Park's retail base and a growing number of businesses setting up headquarters in the town with a population of more than 68,000.
In Brewer's decade-plus run, Cedar Park added…