Real Estate Blog
Still wary of impacts on neighborhoods, group calls CodeNext ‘beyond repair’
Community Not Commodity, an anti-CodeNext group trying to put the land-use rewrite up for a public vote, is asking City Council to “immediately halt” the process after the release of the third draft.
Colorado Closeup: Why families are moving to this Denver neighborhood (Photos)
As cranes loom over downtown Denver's skyline and city center streets increasingly become home to younger millennials (hipsters) and retirees, families are increasingly heading to neighborhoods to the east.
That's because they tend to be more affordable, a bit less crowded and have more of family-feel to them.
Places like Virginia Village are top of the list.
The neighborhood is bounded by South Colorado Boulevard to the west, East Mississippi Avenue and East Cherry Creek North Drive to the north,…
As luxury buyers catch ‘welcome break,’ these were the 10 most expensive homes sold in Santa Clara County in January
Luxury home buyers in Santa Clara County last month caught a small break. After months of steadily increasing year-over-year sales and prices, the market for high-end homes — defined here as those selling for $3 million or more — plateaued in January.
The news came in a report from Coldwell Banker Residential Brokerage for the Silicon Valley Business Journal based on transactions recorded in the county by the Multiple Listing Service.
Nancy Robinson, the real estate firm’s regional vice…
1,000-acre plantation next to Ted Turner’s in Florida hits market for $10.7M (Photos)
A nearly 1,000-acre hunting plantation in the Red Hills area of the Florida Panhandle has just hit the market for $10.7 million.
It’s adjacent on at least two sides to Avalon Plantation owned by Atlanta media magnate and philanthropist Ted Turner. In addition to abundant deer, turkey, dove and quail populations, the 984-acre plantation includes a 8,000-square-foot home, a 15-acre spring-fed lake and 200- to 300-year-old live oaks. The listing is here. Check out a video here.
Oak Hill Plantation…
Re/Max founder David Liniger violated ethics code with $2.38M loan to executive, company finds
A $2.38 million loan Re/Max founder and former CEO David Liniger provided to the company’s then-chief operating officer, Adam Contos, violated the company’s code of ethics because its board of directors was never told about it, the company said Thursday as it announced it had completed an internal investigation.
But the nondisclosure was unintentional, a special committee of the company’s independent directors found. The company gave no indication Liniger or Contos, promoted last week serve as Liniger’s replacement as CEO, will face any sanction for the breach of ethics. Still, the company announced changes to its bylaws that limit some powers of the CEO, while strengthening those of the board of directors.
Thursday’s announcement brings to a close a process announced in early November after Re/Max Holdings Inc., the Denver-based parent company of real estate brokerage franchising giant Re/Max, withheld its quarterly earnings report to look into the loan and other undisclosed conduct..
Housing development that could double the size of Lone Tree pits growth against airport noise, safety
Metro Denver’s runaway population growth and rising home prices are putting the squeeze on local airports, which are warning that roads and neighborhoods creeping ever closer to runways and under flight paths could threaten the safety and quality of life for those on the ground and in the air.
This intensifying push-and-pull is playing out this week in Lone Tree, which has heard concerns from the Federal Aviation Administration about plans to effectively double the size of the city by placing up to 12,000 homes on 2,200 acres just south of Centennial Airport.
At the center of the FAA’s concerns about the RidgeGate development is the prospect of thousands of new residents and up to 9 million square feet of commercial space going up in an area that sits directly under the path of about 500 corporate jets and smaller planes taking off and landing every day from the south side of the airport.
In a letter the agency sent to the city Feb. 6, it urged it to “not approve the development as ..
Best Real Estate Deals of 2017 finalists announced
The Dallas Business Journal is pleased to present the list of finalists for its Best Real Estate Deals of 2017 Awards.
This program highlights the very best in commercial real estate in North Texas across 20 categories and hundreds of nominations. You can see all the contenders for the 26th annual awards in the gallery above.
In addition to the opportunity to win their own categories, all 52 finalists are in the running for the ultimate distinction: Deal of the Year.
Past Deal of the Year winners…
Andaz Maui part of Hyatt’s $1B portfolio sale to Host
Host Hotels & Resorts, which owns three hotels in Hawaii, is betting on Maui being one of the fastest-growing tourism markets in the United States with the acquisition of the Andaz Maui at Wailea as part of a three-hotel portfolio it is buying from Hyatt Hotels Corp. for $1 billion.
Host Hotels & Resorts (NYSE: HST) is acquiring the 301-room Andaz Maui, the 668-room Grand Hyatt San Francisco and the 454-room Hyatt Regency Coconut Point Resort and Spa in Florida from Hyatt Hotels Corp. (NYSE: H)…
Competition or cooperation? Vos proposal digs into regional efforts
Arguing regional development efforts put too much emphasis on Milwaukee and other neighbors, Rep. Robin Vos proposed giving Racine and Kenosha counties their own publicly-funded business attraction war chest.
Armed with $400 million, California company hunts for industrial properties in Seattle
The move comes as warehouse rents in the greater Seattle area are rising faster than anywhere else in the world.