Real Estate Blog
Parking minimums move closer to elimination in Austin
A plan to ditch minimum parking requirements for new developments in Austin is solidifying as part of a larger effort to gradually prioritize affordability, density and public transportation throughout the city. Click through for the latest action at City Hall and to get reaction from both supporters and opponents of the plan.
Core Investments’ “On The Dot” in South Boston wins BPDA board OK
The board also gave the greenlight to a financial package meant to help Benjamin Franklin Cummings Institute of Technology begin work on its new Roxbury campus.
Redwood Property Investors buys Rosemont Terrace apartments in South Sacramento for $17.9 million
Less than four years after its last sale, South Sacramento apartment property Rosemont Terrace has sold again.
In these Mass. ZIP codes, a typical mortgage costs $100K a year
Across Massachusetts, the median mortgage in 23 ZIP codes now exceeds $100,000 or more a year. That's up from 17 last year.
Kinship PACE of Central Florida signs expansion in Ocala, Lakeland
The program now has three locations in Florida, two of which are in Central Florida.
A fixture in Buckhead for decades, Morris Manning & Martin begins search for future office space
Nationally, many law firms are reducing square footage. Almost half of the transactions among the top 100 largest law firms in the U.S. between 2021 and 2022 were downsizes. On average, they shrunk by 49%.
First look: AIA Pittsburgh announces the best in architecture with the 2023 Design Awards
Pittsburgh chapter of professional organization celebrates the best in design for the region this year.
DSV Air & Sea’s proposed new warehouse, corporate HQ moves forward in Mesa
According to the project narrative in the application, the development would serve as a regional corporate headquarters for DSV and be a “one-source solution” for warehousing, distribution, transportation, and value-added services across multiple industries under the same roof.
Commercial condominium conversions offer flexibility in a challenged NYC office market
With the current state of the real estate market, building owners and developers should consider utilizing the flexibility of the commercial condominium structure to maximize the value or marketability of their properties. This ownership regime gives owners and developers the opportunity to restructure the ownership and operation of their properties – from a financing, use, sale, or allocation of costs perspective – to better adapt to market trends.
How commercial condominiums work
Commercial…
Golf architect’s renovation brings NC course ‘back from the dead’
Kris Spence says Woodlake Country Club in Moore County was like a jungle when the restoration project began with three months of bush hog work in 2021. “This is a resurrection,” Spence says. “We're bringing this thing back from the dead. It's probably one of the most satisfying things I've done.”