Real Estate Blog
Three Pittsburghers selected to national list of CRE executives
Three Pittsburghers have been selected to a national list of notable commercial real estate executives.
The Business Journals’ Influencers: Commercial Real Estate spotlights 100 executives having an influence on real estate and development in their respective communities.
Dennis Astorino, founder of DLA+ Architecture & Interior Design; Bill Bates vice president of real estate for Eat'n Park Hospitality Group and incoming president of American Institute of Architects Pittsburgh; and Michelle…
Cypress Pointe, Landmark Ridge apartments sold
Two Jacksonville apartment complexes with a combined 544 units have been sold in recent weeks.
The 350-unit Landmark at Crescent Ridge, located at 2001 Hodges Boulevard, was sold for $41 million dollars by Landmark at Crescent Ridge LP to Utah-based Peak Capital Partners. One- to three- bedroom apartments ranging from about $900 to $1,600 are leased at the property.
Cypress Pointe, which has 194 units and is located in Orange Park at 25 Knight Boxx Road, was sold for $29 million by Illinois-based…
How much would rents go up if Columbus landed Amazon’s HQ2?
When you think about another 50,000 jobs showing up in a city, it's likely to mean a surge in demand for housing options. But that's going to hit each market differently, according to Zillow, which analyzed the prospective impact the tech giant's $5 billion second headquarters could have on each of the finalist cities.
For $1.95 million, you can find tranquility in rural life in this French Country estate: Open House
Those in search of a quiet rural setting with the opportunity to experience nature can find it in a 33-acre French Country estate currently on the market for $1.95 million.
The home, at 5768 County Road Q in the town of Erin, about 40 minutes northwest of the city of Milwaukee, has been on the market the last two years but is under a new realty team, Mike Quinlevan of Shorewest Realtors.
Quinlevan and his team re-listed the home less than two weeks ago.
The home didn't garner much attention…
China’s new rules have resulted in a big dropoff in Puget Sound-area real estate investments
Buyers from China still are eager to buy U.S. real estate, but new capital controls are limiting their ability to do so. The value of office acquisitions by investors from China plummeted 92 percent in 2017.
Pulte to build 100 town homes in Plymouth
The community is an extension of its existing development, Enclave on the Greenway.
Are construction costs killing new Bay Area housing?
Even with apartment rents near record highs, rising construction costs and city fees are slowing down housing development around the Bay Area. In San Francisco, 4,500 new units were completed in 2017, down 14 percent for the year. Completions are expected to fall further based on the pipeline.
Garrett Frakes, partner at brokerage Polaris Pacific, said the entire Bay Area is becoming unattractive for development.
“Capital will move to other markets. It’s very fluid. It doesn’t have to sit…
Average sale price of an Aspen home approaches $5 million (Photos)
If you're thinking of buying an Aspen home, the latest sales figures might be startling.
The average sale price of home in Aspen nearly hit $5 million in the latest quarter — $4,981,969.
That's according to Aspen realty firms Douglas Elliman Real Estate and Miller Samuel Real Estate Appraisers & Consultants, which indicated there were 46 home sales in Aspen in the latest quarter.
Aspen home sale prices (both single-family and condos) have jumped 45 percent from the first quarter of 2017, when…
Daniel not horsing around with Clarence development
A 50-home, equestrian-themed subdivision planned for the suburb.
MUDs developed after 2009 fared better during Harvey, study finds
In Houston, 27 percent of all municipal utility districts saw at least one home flood during Hurricane Harvey.