Real Estate Blog

Denver hit an apartment landlord with its first $999 fine for operating an unlicensed residential rental property on Thursday.

The multi-unit apartment complex at 3401 N Williams St. in the Cole neighborhood could face further repercussions: additional fines of $999 daily if it continues operating without a license. Denver Department of Excise and Licenses spokesperson Eric Escudero declined to comment on whether the city will opt to go that route.

“We’re sad to see that we had to issue a fine like this,” Escudero said.

Jonathan Schwartz, the San Francisco resident who received the fine, couldn’t be reached for comment.

On the apartment’s listing online, the building is tied to Acute Property Management. This business is affiliated with Shell Company LLC, which operated under the name Acute Living and had its real estate company license suspended in 2019 by the Colorado Real Estate Commission. The reasons include failure to account for security and other deposits, maintaining an “u..

The Commerce Department reports that new home sales in June 2023 were up 23.8% compared to June 2022, while existing home sales were down 18.9% over the same period. New home starts increased by 6.7% from June to July and were up 9.5% year-on-year. New homes are selling quickly despite high mortgage rates, because of a shortage of existing homes on the market due, in part, to the historically low mortgage rates on many existing homes.

With rising new home starts comes an increase in construction…

The pandemic disrupted the way traditional economic and business investment trends and organizations supporting growth functioned, says the GBC's CEO.

A newly built, 140-unit apartment complex in Rochester has sold for $28.9 million.

More than 170 developers and investors have submitted bids for The Harris Land Co.'s 19.2-acre property in south Charlotte.

While the region's industrial market has led the real estate sector with 26.5 million square feet of new development over six years, today's warehouse landscape is under watch.

With an increase in taxable value of 52% in the last two years, it is clear Ennis, Texas, located 30 miles south of downtown Dallas, is experiencing an unprecedented wave of growth.

When Ennis was damaged by a tornado in 2013, it was seen as an opportunity to grow into a bigger and better Ennis. Strategic master plans were developed, including downtown, comprehensive, parks and five-year community improvement, to support the rapid growth in a way that positively impacts our future and preserves…

Verst Logistics could add over 1 million square feet of space to its logistics park, the newest addition in years to the site.

In the complex world of industrial real estate, the process of pricing square footage for industrial projects is often intricate and requires collaborative efforts. Commercial real estate (CRE) brokers like you stand at the beginning of the deal-making process, forging connections and paving the way for successful collaboration.

Although this guide will not provide a clear equation you can use, it delves into the essential practice of pricing square footage for industrial projects. This foundational…

Give Brent Childers three words to describe the housing situation, and he’ll say he only needs two: “Not enough.”