Numbers: Homebuilders in the United States began building homes at a seasonally adjusted annual rate of about 1.7 million in December, an increase of 1% from the previous month, the US Census Bureau reported on Wednesday. . Compared to December 2020, housing starts increased by 2.5%. Meanwhile, permits for newRead More →
If you take a long-term view of investing, the success of a business is determined by what the business does for the environment, how it interacts with society, and how it is set up to be managed. The investment world has shortened this idea to three letters: ESG. They representRead More →
After 30 years as the successor to what was once the tallest building in the world, Sears’ headquarters at Hoffman Estates will get a new goal this year as soon as the sprawling property goes up for sale. The party or parties that take on this assignment will need twoRead More →
SARASOTA – A flurry of deals over the past two weeks means the commercial real estate market of 2021 is ending pretty much the way it has run all year, on a hot streak. The deals, which were announced in the past two weeks, include sales of land for residentialRead More →
Flemington Borough Council passed an ordinance establishing the Liberty Village Redevelopment Planâ€Which will transform the remarkable shopping center of the borough into mixed-income housing. The plan, approved Monday night, is to redevelop the Liberty Village redevelopment area – which includes 10 lots and approximately 23 acres – into multi-family residentialRead More →
The numbers: housing starts are on the rise U.S. homebuilders began building homes at a seasonally adjusted annual rate of 1.68 million in November, an increase of nearly 12% from the previous month, the US Census Bureau reported on Wednesday. Compared with November 2020, housing starts are up about 8%.Read More →
Kiemle Hagood Co-Owner and Chairman of the Board, Tom Quigley, has built a community throughout his 46-year career in commercial real estate. Quigley was hired as a commercial real estate salesperson for Kiemle Hagood in 1975, became director of the firm’s brokerage division in 1980, co-owner in 1987, and wasRead More →
Demand for condominiums, especially new developments, has increased in Connecticut at a time when the rate of multi-family home construction has plummeted, industry professionals have said. Much of that demand has come from homeowners who have downsized to take advantage of the booming housing market, real estate agents said. InRead More →
NAPLES, Florida, November 29, 2021 / PRNewswire / – PPD Investments is actively seeking land in the Southwest Florida area to build more of its signature brand of multi-family residential properties. PPD’s new development push follows two successful projects in the region. The ridge at Bonita Sources and the ridgeRead More →
Rental prices in Marin are more than 6% higher than in the fourth quarter of 2019, before the start of the COVID-19 pandemic, according to industry analysts. The average monthly rent in Marin complexes of 25 or more apartments is $ 2,683, said CoStar Group, a paid provider of dataRead More →
From left to right, Phillip Thai, Robert Lee and Victor Thai outside their latest acquisition. (Courtesy of Phillip Thai) After knocking down a number of residential properties, three new local developers have struck their first business deal at Shockoe Slip. Brothers Phillip and Victor Thai along with their business partnerRead More →
A rendering of the five-story building slated for 15 W. 7th St. (Rendered courtesy of Capital City Real Estate) A plan for nearly 200 more apartments in Manchester took another step forward last week with the closing of the neighborhood’s latest land deal. Washington, DC-based Capital City Real Estate hasRead More →
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A temporary accommodation tent on a street in downtown Seattle, Washington, United States on Friday, October 22 … [+] 2021. Concerns about Covid, crime, and the homeless – and open war between the city government and parts of its lucrative tech and business sector – have emptied Seattle’s shopping districts.Read More →
The Willow Circle apartment complex would rise seven stories across from Kroger. (Images from Poole & Poole Architecture) The Willow Lawn area is full of retail and restaurant businesses, single family homes, and a major stop on the bus route. Two local real estate companies believe there is another necessaryRead More →
Apartment rentals are skyrocketing across Texas, latest report from National Association of Real Estate Agents (NAR). This is good news for landlords, but tenants face steep rent increases. The Dallas-Fort Worth area has dominated the country over the past 12 months with 47,182 apartments occupied, Houston in second place atRead More →
The first option of the ordinance, recommended by the planning department, banned STCRs in residential neighborhoods, but allowed them in multi-family neighborhoods and the downtown business district. On the other hand, the second option allows STCRs in residential areas, but only with the approval of a special exception from theRead More →
The largest Eck building for sale to date is the Social Security building at 1834 W. Cary St. The office building grossed $ 2.9 million. (Photo by Mike Platania) A bigger deal is still pending, but a small piece of the Eck family’s real estate portfolio has been snatched upRead More →
One of the largest housing projects ever in Whitefish, along with an accompanying commercial development application – all at the base of Big Mountain – is the subject of two public hearings Thursday before the Whitefish Planning Board . Arim Mountain Gateway LLC is requesting a planned unit development toRead More →
The following commercial real estate transactions have recently been concluded in the upstate. For weekly updates on business offers, see the Hot Properties feature every Tuesday in the GSA Business Report Daily email. Sammy DuBose of Coldwell Banker Commercial Caine represented Verdae Properties LLC, the owner, in lease renewal negotiationsRead More →
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Goldberg, IRG, Brooksville and RealFoundations Honored at MRI Ascend User Conference in Cleveland Posted: October 19, 2021 at 9:00 a.m. CDT|Update: 22 hours ago CLEVELAND, October 19, 2021 / PRNewswire / – MRI software, a global leader in real estate software solutions, announced the recipients of the third RE: VisionaryRead More →
New expense slips for the construction of new homes. Remodeling takes over Construction spending in August, financed by public and private funds, was essentially unchanged of the previous month. The Census Bureau said total construction spending was at a seasonally adjusted annual rate of $ 1.584 trillion, unchanged from July.Read More →
The first half of 2021 saw commercial real estate generally rebound in two key counties in northwest Arkansas, but vacancy rates in the office sub-sector rose as covid-19 concerns grew. forced more employees to work from home, according to the Skyline report released on Tuesday. The vacancy rate for allRead More →
Numbers: Homebuilders stepped up the pace of new home construction and permits in August, with a heavy emphasis on multi-family dwellings. U.S. homebuilders began building homes at a seasonally adjusted annual rate of 1.62 million in August, a 3.9% increase from the revised upward pace the month before, reported Tuesday.Read More →
You are reading Entrepreneur United States, an international Entrepreneur Media franchise. This story originally appeared on The Epoch Times Home construction fell sharply in July, proving that high construction costs and soaring house prices continued to be a drag on the housing market. Housing starts fell 7 percent to aRead More →
Since the local part of the Grand Parkway was completed about five years ago and improvements along the highway. 290 completed last year, the developers accelerated the construction of planned communities in the western part of Cy-Fair ISD. “We actually have residents who reside in Bridgeland where one of theRead More →
City Works is a regular column that strives to provide an overview of projects presented to Planning Council, Zoning Council and the Heritage Commission by posting agendas and relevant information to keep the public informed of this. that is happening. ZONING BOARD UPDATES Last week, the Zoning Board granted waiversRead More →