Real Estate Blog
VinFast reports $527M loss despite revenue jump for EV maker with $4B North Carolina plant in works
Most of the vehicles the EV maker says it has sold this year went to another company owned by Vingroup, the parent of VinFast.
Mill Creek breaks ground on Coral Springs development with $83M loan (Photos)
The project will have apartments and retail.
Judge’s order to clear Phoenix homeless encampment could have wider effects
A year after a group of business and property owners sued the city of Phoenix for the growing homelessness encampment near downtown, a judge ruled the city must clear the area. Experts say this could lead to a focus on more permanent solutions for homelessness.
Rental equipment and real estate scams get Independence man 17 years in federal prison
Jeremy Ace Woods ran simultaneous real estate and rental equipment schemes that prosecutors say had an intended loss of more than $2.2 million. One con involved pretending to become romantically involved with a woman who had an intellectual disability to get her to rent and buy things that Woods then would resell.
Rezoning OK’d for Brodie Oaks transformation
This was a pivotal vote for a project that could result in more than 1 million square feet of office space and multiple towers on the site of an aging shopping center off Capital of Texas Highway. Click through to read about the extensive plans and when construction could start.
Denver, already facing a glut of office space, may soon find itself with too many apartments
Denver, like many large cities, continues to struggle with a lot of unoccupied office space. But the city may soon have to cope with a different kind of surplus — apartments.
“There will be a knife fight for tenants over the next 24 months,” predicted Andy Hellman, a senior vice president with CBRE, speaking at the Commercial Real Estate Symposium and Forecast Panels hosted Wednesday morning by the Denver Commercial Association of Realtors.
About 46,000 apartments are under construction in metro Denver, while another 75,000 are in the pipeline, according to estimates this summer from Apartment Insights, which closely tracks the multifamily market.
Competition to fill those new units will keep a check on rents, or even send them lower, especially if the economy slows down. But the reprieve for apartment renters isn’t expected to last long, at least compared to what office tenants face.
High vacancy rates could plague the office market for years because of the shift to remote work a..
Exclusive: Inside look at the SFBJ’s 2023 Structures Awards (Photos)
Categories included Best Hospitality, Best Mixed-Use Project, Best Retail, Community Impact, Developer of the Year and the Terry Stiles Real Estate Deal of the Year.
Houston-based Hines buys planned Murfreesboro apartment property for $5.4 million
The property on Robert Rose Drive is to be developed into a 300-unit apartment complex as part of a larger development, Clari Park.
Atlanta’s largest law firm reenters market, explores future office plans
After more than a decade, what could lure Alston & Bird to a new building?
Nashville construction volume expected to fall 20% by end of year, according to Cummings report
Nashville's construction volume is expected to fall by nearly 20% by the end of this year, according to Cummings research. The volume is the city's lowest in 10 years, but many major projects in progress or in the pipeline are keeping experts hopeful.