Real Estate Blog
HP Investors nabs yet another Oakland building, new tenants in Emeryville, signs of life in Bay Area retail and more in our weekly real estate digest
Editor's note: The San Francisco Business Times recently launched this weekly real estate digest featuring a round-up of local news items, musings from notable figures, insights from other publications and must-reads from our own newsroom. As always, we'd love to hear what you think and how we can improve. Please email digest editor Emily Fancher ([email protected]) with any feedback, suggestions or possible news items for this feature.
Despite the tough times in the retail world, Lockehouse…
Photos: Would you pay $29.5M for this slice of the English countryside in Woodside?
A $29.5 million Tudor estate in Woodside, one of the Peninsula's most exclusive communities, would not feel out of place among the manors dotting the English countryside.
Surrounded by a privacy wall and old-growth trees, the 7-bedroom, 9-bathroom mansion at 3610 Woodside Road functions as a haven within the hustle and bustle of the technology capital of the world. The iron gates welcome visitors to nearly five acres of gardens, opening to a main residence with 16,000 square feet of living space.…
Memphis-based design team reveals new Hampton hotel prototype
Hampton's new exterior design was influenced by a number of design trends, and it features enhanced lighting and enlarged windows.
Denver’s Eco Roof & Solar acquires Austin roofing business
While business ebbs and flows at most roofing companies in response to hailstorms, Eco Roof & Solar has figured out a way to smooth out its sales pipeline.
New owners have designs on landmark Buffalo house
University at Buffalo architecture professors buy Robert Coles' Hamlin Park house.
Residential housing activity declines — except for prices
The activity overview for the Buffalo residential real estate market shows a decline in eight of 10 metrics. The exceptions are good news for sellers — average and median prices, which again increased, and faster sales.
Figures provided by the Buffalo Niagara Association of Realtors for April put the average sale price of a single-family house at $163,998, up 10.9 percent from $147,896 a year ago. Median prices climbed to $135,000, an 8 percent increase from $125,000 a year ago.
BNAR offered…
Denver group buys Phoenix apartment community for $33.4M
The complex is located in the popular and growing midtown area of Phoenix.
Bankrupt developer under investigation for fraud unloads Aspen properties to pay creditors
A bankrupt real estate developer under federal investigation for securities fraud is in the process of unloading 130 high-end properties in California and Colorado worth more than $650 million to help pay back its creditors.
But no one is getting a deep discount on the Woodbridge Group of Co. properties, including at least 17 in the Aspen area.
“They all range from single-family homes in Aspen Glen or River Valley Ranch, and there are some in Snowmass,” said Laura Gee, who was the managing broker of Woodbridge Realty Unlimited, an affiliate of Woodbridge Group of Co., in the Roaring Fork Valley. Now a broker associate at Aspen Snowmass Sotheby’s International Realty, Gee said she left Woodbridge in the wake of the Securities and Exchange Commission that led to the bankruptcy.
The SEC has claimed that investors were cheated out of $1.2 billion through a Ponzi scheme orchestrated by Robert Shapiro, who is accused of using investors’ money to pay for his lavish lifestyle. Shapiro, who ..
Recent three-alarm fires in Denver — the first since 2013 — a wake-up call about dangers at construction sites
Prior to a deadly fire that broke out at an apartment building construction site in the 1800 block of Emerson Street in March, the Denver Fire Department had not responded to a three-alarm fire since 2013, officials say. Little more than two months later, the department is sifting through the ashes of another three-alarm blaze.
Early Thursday morning, two under-construction townhome buildings in the 1900 block of Grove Street burned down. More than 100 firefighters and 30 emergency vehicles responded to the scene.
No one was hurt, but, like its predecessor on Emerson Street, the fire broke out at the construction site for a multi-family building where raw wood framing was exposed atop concrete ground floors. The three alarm fire in Glendale in 2013 also destroyed an under-construction residential complex with exposed wood elements. The causes of the two recent fires remain under investigation, but officials say the incidents are a wake-up call about heightened fire danger at construc..
New roller coaster chugging into Denver area’s Lakeside Amusement Park this summer
Lakeside Amusement Park, a mainstay of Denver summer fun for more than a century, will debut a new roller coaster this season, and judging by early reactions online, a line may already be forming.
The so-far unnamed ride is under construction now at the park, which sits southwest of the junction of Instate 70 and Sheridan Boulevard next to Lake Rhoda. Lakeside, located in a city of the same name, first opened as White City in 1908.
The coaster will be all metal and is on pace to open sometime in June, Lakeside marketing director Bill Koller said this week. It will be roughly 1/3 the size of park’s marquee coaster — the bone-shaking, all-wood 1940s classic Cyclone — and located on the south end of the park, near the old race track.
Reddit user firetyrtle snapped a picture of the ride over the weekend and posted it to roller coaster specific page the popular website. By midday Monday, the picture had been clicked on more than 850 times.
Reddit.comReddit.com user firetyrtle shared t..