Real Estate Blog

Another attempt is being made to develop townhouses on the property of the historic VanLandingham Estate.

Unique Southern Estates LLC, the owner of the VanLandingham, recently filed a rezoning petition to develop up to 22 townhouses on the 4.5-acre site. It's the second time in recent years that townhouses have been sought for the Plaza Midwood property, which sits at the southeast corner of The Plaza and Belvedere Avenue.

Billy Maddalon, the petitioner and owner of the VanLandingham, couldn't…

A Westerville lender is looking at moving its headquarters to Downtown Columbus.

Education First Credit Union also is considering opening a new branch in the 17,203-square-foot building at 510 Mound St. The company spent $1 million to buy it in December, according to information from the Franklin County auditor.

Plans show the building getting some repainting, most notably a prominent red stripe with a two-story “1” in the center of the building.

The new Mound Street branch would replace the…

The former home of Columbus Business First will be getting a new look as a coworking space.

Silver Spring-based Discovery Communications announced Monday it will sell majority stake in Discovery Education Inc. to a California private equity firm for $120 million.

Under the deal, Francisco Partners will own Discovery Education while Discovery Communications (NASDAQ: DISCA) retains a minority equity interest. The company will be led by current Discovery Education President and Chief Executive Bill Goodwyn, and will be operated as a standalone business.

The sale continues Discovery’s effort…

The owners bought the 22,000-square-foot center for $1.85 million in April 2015.

The last couple of months have not brought good news for residential home sales.

Existing home sales in the U.S. declined in January, according to a report from the National Association of Realtors. Data from NAR shows completed transactions in January declined 3.2 percent from December 2017.

Sales also fell in December, which several experts attributed to extreme winter weather in various parts of the nation. But the persistent lack of supply is also a factor.

“The utter lack of sufficient…

Lindahl, in the span of three years, has built up a team of 30 real estate agents that sold 800 houses in 2017. He predicts the team will sell 1,500 more in 2018.

A significant development in Harrison West has received an incentive from the city to proceed.

Columbus City Council voted Monday night for the planned redevelopment of 21 acres of land along W. 5th Avenue on land that is owned by Battelle.

Perry Street LLC, a joint venture of Columbus developers Wagenbrenner Development and Fortress Real Estate Cos., has been working on the project for 18 months.

The substantial project calls for a mix of uses including 311 multifamily residential units,…

The Charlotte area saw home prices retain steady gains to end 2017.

Home resale prices rose an annual 5.9% in December, according to the new S&P CoreLogic Case-Shiller index released on Tuesday. While that nearly matched the 5.8% increase in home prices recorded last November, it also marked a second straight month that price gains fell below 6%.

On a national level, prices grew at a pace of 6.3%. The 20-city composite, which covers Charlotte, also posted a 6.3% increase, while the 10-city measure…

In one of the transactions, Newbridge Development bought nearly 300 acres.