Residential propety

Major residential street repaving project starting July 5 in western EP and Franlo in the east

Work will begin Tuesday, July 5 on a project to extend the life of city streets, primarily in the north and southwest corners of Eden Prairie. Known as mulcher and overlay/deep salvage, contractor Valley Paving will remove the top layer of existing asphalt pavement to improve street drainage and eliminate surface defects, according to a […]

Commercial property

SL Green JV closes $445 million purchase of Manhattan Tower

Two foreign investors joined the company in its acquisition of the Midtown property. 450 Park Ave. Image via Google Street View SL Green Realty Corp.. is just in time as he reveals he has completed the acquisition of 450 Park Ave. in Midtown Manhattan just days before the previously announced deadline of the end of […]

Commercial property

Global Commercial Property Management Market Report by Player, Region, Type, Application and Sales Channel, Forecast 2022-2030 – Indian Defense News

The commercial property management market is expected to witness strong growth owing to increasing consumer acceptance and usage. A comprehensive analysis of the entire Commercial Property Management industry forms part of our updated market assessment for 2022. The research presents the latest insights into the Commercial Property Management market on the competitive environment and […]

Residential propety

Winning luxury residential project for Priestley | North West Real Estate News

Priestley Construction has been appointed to provide luxury homes on the former site of a riding school and stables in Cheshire. The project comprises four detached houses in Plumley, Knutsford with a total site size of over 43,000 square feet. Three of the plots will include the creation of homes over 4,122 square feet each, […]

Industrial property

Seagis acquires the industrial property of Metuchen for $24 million

The addition of 60 Leonard St. in Metuchen to Seagis Property Group’s portfolio brings the number of its logistics sites in New Jersey to 34. – SEAGIS PROPERTY GROUP Seagis Real Estate Group further expands its footprint in the Garden State with the addition of an almost 160,000 square foot industrial property located in Middlesex […]

Commercial property

Invesco and Perot sell 1 MSF campus in the Dallas area

The first phase of DFW Park 161 required an investment of $120 million. DFW Park 161. Image courtesy of Perot Development Co. Invesco Real Estate and Perot Development Co. sold Phase I of DFW Park 161, a last-mile distribution campus in the Dallas-Fort Worth International Airport submarket in Irving, Texas. With the help of JLL […]

Industrial property

BTB REIT Announces Acquisition of Industrial Property in Edmonton, Alberta

MONTREAL, June 29, 2022 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“or the”REITs“) announces the acquisition of an industrial building located at 3905, avenue Allard in Edmonton, AB for full consideration of $12.95Mexcluding transaction costs and adjustments. Photograph of 3905 Allard Avenue in Edmonton, Alberta. BTB Reit’s most recent acquisition. (CNW Group/BTB […]

Industrial property

Seagis Property Group acquires 7-acre industrial property in Metuchen for $24 million

Seagis Real Estate Group Tuesday announced the closure of a 6.92-acre industrial real estate property in Metuchen for $24 million, from P&V Warehouse Distribution, a New Jersey-based trucking company. Steve Bussel, President of Bussel real estate companyrepresented both Seagis and the vendor in the sale transaction and will handle marketing efforts to lease the vacancy. […]

Residential propety

The residential real estate market is rebounding; new launches reach 2015 levels

The real estate market may have been hit hard due to shutdowns and other COVID-related disruptions, but not anymore. As the economy returns to normal, the country’s residential real estate market has rebounded. Data from industry research firm PropTiger shows residential home sales jumped 365% year-over-year (YoY) in the April-June period. While in April-June 2021, […]

Residential propety

Alexandria Beautification Commission Selects 2022 Alexandria Residential Award Winners

ALEXANDRIA, VA – The Alexandria Beautification Commission announced its 2022 Alexandria Residential Award winners on Friday, June 24. The Commission solicited entries and also scoured the city for entries that exemplify the creative use of non-invasive plants, native plants, sustainable approaches, and landscape architecture in their gardens. Homes and residential communities were evaluated on criteria […]

Commercial property

Rudin JV lands $415 million for Manhattan tower

3 Times Square. Image courtesy of FXCollaborative The Roudin family, owner of 3 Times Square, has secured $415 million to refinance the approximately 950,000 square foot tower in Midtown Manhattan. The Rudin family and their joint venture partner Thomson Reuters obtained the funds from a consortium of lenders. JP Morgan led the group of financial […]

Commercial property

Over one million square feet of commercial real estate transactions in Solano-Napa in the first half of 2022

The office market within the city limits has been even tougher as a number of tenants have still not fired all workers from COVID-era remote work, Moffett said. “Before COVID, I did 50 to 80 leases a year,” Moffett said. “But I’ve probably done 30 deals this year, and it’s a mix of sales and […]

Residential propety

ANZ warns of continued fall in property prices and slowing residential construction

ANZ economists warn that the stars are aligned for a slowdown in residential construction ANZ economists estimate that house prices will have fallen by 11% over this year, but also warn that a bigger fall is possible, while residential construction will also suffer the consequences. In their last Focus on property in New Zealand report […]

Commercial property

Dallas project gets $96 million in incentives

New park. Image courtesy of Hoque Global The Dallas City Council has voted to provide up to $96.1 million in economic support for the proposed 825,000 square foot Newpark development just south of City Hall, the Dallas Morning News. The development entity is a local investment company partnership Hoque Global and Lanoha Real Estate Co., […]

Residential propety

Gateway Investment Advisers LLC Increases Equity Holdings in Equity Residential (NYSE:EQR)

Gateway Investment Advisers LLC increased its stake in Equity Residential (NYSE: EQR – Get Rating) by 73.8% during the 1st quarter, according to its latest filing with the Securities and Exchange Commission. The fund held 5,757 shares of the real estate investment trust after purchasing an additional 2,444 shares during the quarter. Gateway Investment Advisers […]

Residential propety

4 proposed residential developments in New Carlisle to bring nearly 1,700 new homes

The developments are proposed on a set of 586 acres. The City of New Carlisle foresees the potential for four new residential developments that could bring nearly 1,700 new homes to the city. MARK FREISTEDT The City of New Carlisle foresees the potential for four new residential developments that could bring nearly 1,700 new homes […]

Residential propety

Uttar Pradesh CM distributes rural residential rights materials to 11 lakh families, Real Estate News, ET RealEstate

File photo LUCKNOW: Uttar Pradesh Chief Minister Yogi Adityanath on Saturday distributed rural residency rights online materials to 11 lakh families under the Swamitva scheme here. At a reception held in the auditorium of Lok Bhawan, Adityanath distributed the documents and insisted on the establishment of a self-governing state. “Heartfelt congratulations and best wishes to […]

Residential propety

PROPERTY: Melin-Y-Wig house for sale with Cavendish Residential

A detached FOUR BEDROOM period cottage in Melin-Y-Wig is on the market with Cavendish Residential. Agents are offering Ty Hen for sale, with bids of over £450,000 invited by potential buyers. The house has a wealth of original features with beamed ceilings and a large fireplace plus a converted outbuilding to provide an adaptable family […]

Residential propety

Infill residential development | KCMO.gov

Residential Infill Development Ordinance Proposal City staff have proposed amendments to the Minor Subdivision Ordinance and Subdivision and Building Standards to ensure that any new lots created or proposed development are contextually appropriate for the neighborhood in which it is located. We collectively refer to these amendments as the “Residential Infill Development Ordinance” because the […]

Industrial property

GBCSA leads the development of an industrial property assessment tool and requests data from industry

The sustainable building industry organisation, the Green Building Council South Africa (GBCSA), has developed a customized pilot version of its Existing Building Performance (EBP) tool to enable industrial properties to assess the performance of their buildings based on its Green Star certification and ratings. Sustainable built environment consultancies Sow & Reap Consulting and Imbue Sustainability […]

Commercial property

Home, commercial property values ​​rise in Pierce County

Property values ​​have increased in Pierce County. Home values ​​in the county have increased by an average of $80,000 over the past year, according to Pierce County Assessor-Treasurer Mike Lonergan. Residential property values ​​have increased by more than 19% this year, compared to 16% in 2021. Lonergan said rising property values ​​don’t mean homeowners should […]

Commercial property

Greystar Expands Austin Area Project – Commercial Property Executive

Whisper 35. Rendered courtesy of Stream Realty Partners Construction continues at Greystar Real Estate Partners Whisper 35, a Class A industrial development totaling 500,000 square feet in San Marcos, Texas, as the developer opened the second building in the initial phase of the project. Whisper 35 Phase I comprises two facilities covering 180,000 square feet. […]

Commercial property

Who pays for the maintenance of a commercial property? – Owner & Tenant – Leases

Goodsill Anderson Quinn & Stifel June 24, 2022 Goodsill Anderson Quinn & Stifel To print this article, all you need to do is be registered or log in to Mondaq.com. If you are renting commercial property to run your business, you have to think about all the different costs that come with it. […]

Industrial property

Amazon (AMZN), Goodman (GMG) suffer from the loss of industrial property

“Overall, industrial properties are unlikely to perform as strongly over the medium term as they have in recent years.” The recent meteoric growth of the industrial sector is the result of increased retail inventory, COVID demand and companies using space to shore up supply chains in the face of transportation chaos. Australia’s industrial property sector […]

Industrial property

Sunway REIT acquires industrial property from PJ for RM60 million

KUALA LUMPUR (June 24): Sunway Real Estate Investment Trust (Sunway REIT) has acquired a 3.63-acre freehold industrial land at Sungei Way, Petaling Jaya for RM60.05 million. The asset includes a two-story building and a five-story building with a total gross floor area of ​​497,487 square feet, said a statement issued by Sunway REIT Director, Sunway […]

Residential propety

“The Bricks” to expand residential living space in downtown Fort Smith

More residential housing will open in downtown Fort Smith as early as January 2023, with Ghan & Cooper Commercial Properties beginning a $6.5 million renovation of a former hotel into 66 apartments. Developers say it will offer “practical living” amidst “modern luxury”. Fort Smith-based Ghan & Cooper, led by partners Kathleen Caldarera, Bob Cooper and […]

Industrial property

Hauppauge’s industrial property traded for $38.5 million

An industrial property in Hauppauge was sold for $38.5 million. Link Logistics Real Estate, a subsidiary of Blackstone, purchased the 140,000 square foot building on 7.05 acres at 2100 Pacific St. The property is fully let to two tenants. The sale price equates to $275 per square foot, an all-time high for Hauppauge Innovation Park […]

Commercial property

The future of brand communication in a self-actualizing economy of 2050

Towards the end of last year, I was invited to attend the Global Work Tech Scenarios 2050 conference in South Africa. At first, I was nervous about sharing my thoughts because I wasn’t sure how they would be received, and I wasn’t so sure how my marketing expertise and communications would fit into the context […]

Residential propety

Eidelman Virant Capital sells 1,250 shares of New Residential Investment Corp. (NYSE:NRZ)

Eidelman Virant Capital reduced its stake in New Residential Investment Corp. (NYSE: NRZ – Get Rating) by 3.9% in the first quarter, according to its latest filing with the Securities and Exchange Commission (SEC). The company held 31,000 shares of the real estate investment trust after selling 1,250 shares during the period. Eidelman Virant Capital’s […]

Industrial property

Industrial property in the Nations brings in $2.8 million | Development

An industrial property near Silo Bend in The Nations has sold for $2.8 million, 28 times what it sold for nine years ago. According to a Davidson County Deeds Registry document, the new owner of the 1.04-acre triangle-shaped property is an LLC affiliated with Irvine, Calif.-based Zachary Mayer, details of who the Job could not […]

Residential propety

Inauguration of the new Indian residential schools memorial

The memorial was unveiled at the event on Tuesday in the grounds of Government House. REGINA – National Indigenous Peoples Day has seen the unveiling of a new memorial on the grounds of Government House. Lieutenant Governor Russ Mirasty, Government of Saskatchewan, and Indigenous leaders, Elders and residential school survivors were on hand for the […]

Residential propety

Ten-storey residential project in mind | Midlands property news

A ten-storey residential development next to Nottingham railway station has reached its peak. The 348-flat Queen’s Road project was presented by blocwork, a joint venture between Network Rail and bloc Group, which won planning permission in 2019. In 2020, Grainger agreed to acquire the development through a term agreement. Construction activity began in early 2021, […]

Industrial property

Marketing and Execution Specialist Moves to Oswestry Industrial Property

Elevation Marketplace Services’ New Oswestry Home Elevation Marketplace Services Ltd has moved to the city’s Mile Oak industrial area after completing the rental of Unit 21. The property, which comprises two connected and independent modern industrial units, is approximately 40,368 square feet, complete with overhead crane and offices. Set on 1.71 acres, it benefits from […]

Residential propety

RangeWater to Develop Residential Campus in Metro Atlanta Totaling 488 Units

The Buford, Georgia campus will include The Margot, a 332-unit apartment community (render pictured above). BUFORD, GA. –RangeWater Real Estate has purchased 50 acres in the Atlanta suburb of Buford with plans to build two adjacent residential communities totaling 488 units. Properties include The Mabry, a build-to-let community with 156 single-family homes, and The Margot, […]

Industrial property

Shelbourne doubles 2016 investment in Newington industrial property with $45 million sale

New York-based real estate developer and investor Lightstone has paid $45 million for a 622,262 square foot industrial building and two vacant lots in Newington. Shelbourne Newington LLC – an investment vehicle of New York-based real estate investment and development firm Shelbourne – has sold its controlling interest in properties at 301, 311 and 353-407 […]

Residential propety

Mixed-use residential project planned for Bellevue North Plaza, site of Panera and BevMo!

Bellevue North Plaza, Photo credit: Wallace Properties Commercial real estate company, Wallace Properties, is planning a new project at what is currently Place Bellevue North. The site is located at 1100 Bellevue Way Northeast with restaurants like Panera and Dominos Pizza, as well as stores like UPS and J. Lewis Jewelers. The company recently submitted […]

Residential propety

Vonovia: 50% Net Asset Discount, 6% Forward Yield, German Residential Apartments

Teka77/iStock Editorial via Getty Images Vonovia (OTCPK:VONOY) (OTCPK:VNNVF) is Germany’s leading residential real estate company. Vonovia currently owns and manages around 550,000 residential units, mainly in Germany, but with some apartments also in Austria and Sweden. While rental income of owning residential apartments is its core business, it also has additional segments which include: 1) […]

Residential propety

Tax question: How to reduce capital gains from the sale of residential land

I have a detailed question about real estate capital gains tax. 1. My spouse owns residential land in Chennai. If she sells the property and invests the entire proceeds in a new apartment, will she be exempt from LTCG? She already owns a residential apartment in Chennai. 2. If she transfers the first residential property […]

Residential propety

Pueblo de Oro opens a new residential estate in Cebu

Mixed-use real estate developer Pueblo de Oro Development Corp. (PDO) recently launched a 3.7 hectare (ha) residential project located in its township of Lapu-Lapu City, Cebu. In a statement on Friday, PDO said it had opened Park Place II, the third exclusive subdivision of Pueblo de Oro Townscapes Mactan Township, at 1.63 billion pounds and […]

Industrial property

Inauguration of a 1.2 million square foot industrial property in Carteret

Immovable June 17, 2022 Crow Holdings Development announced the official grand opening of Carteret Crow Holdings, a 126-acre property in Carteret that includes three buildings and 1.2 million square feet of speculative development. Crow Holdings brought in Stan Danzig, Jules Nissim and Kim Bach of Cushman & Wakefield to rent the space. Located in Northern […]

Commercial property

Market turmoil dampens mood at CREFC

Image by Gerd Altmann via Pixabay Commercial real estate transaction activity is expected to fall due to economic uncertainty and rising interest rates that have led to a sharp rise in mortgage rates, panelists said. CRE Finance Council‘s annual conference this week. The conference took place as turmoil rocked the financial markets. The Federal Reserve […]

Industrial property

BTB REIT announces the acquisition of an industrial property in Montreal and the sale of a property located in Magog, Quebec

Le 3190 F.-X.-Tessier is a 67,162 square foot Class A industrial property fully leased to Amylior, a leader in the design, development and manufacture of high-end motorized wheelchairs, mobility systems and more. seating and positioning and accessories. The Montreal company has been in operation since 1997 and its products are distributed internationally. The production and […]

Industrial property

Crow Holdings inaugurates a 1.2 million square foot industrial property in Carteret

Development of Crow Holdings recently hosted the grand opening of “Carteret Crow Holdings,” a 126-acre property in Carteret that will include three buildings and 1.2 million square feet of speculative development. The three buildings, which will range in size from 335,000 to 480,000 square feet, will each have a clear height of 40 feet and, […]

Industrial property

San Francisco-based REIT acquires industrial property near Oakland Airport

Cody Saunders of Terreno Realty with 2993 Teagarden Street (linkedIn, Google Maps) A San Francisco-based publicly traded real estate investment trust is playing in the bay, with Oakland’s air and seaports key to the deal. Terreno Realty recently paid $34.6 million for 104,000 square feet of industrial property in San Leandro. Pricing came in at […]

Residential propety

Awards Celebrate Achievements in South West Residential Real Estate Sector | South West real estate news

The winners of the 2022 South West Residential Property Awards were revealed last night at Sandy Park in Exeter. The scintillating awards event celebrated the region’s flagship programs and major real estate players. The event, now in its third year, was organized by Jimmy McGhie and sponsored by Ainscough Strategic Land, LiveWest, Lovell and Northaven […]

Industrial property

DuPont Industrial Property Sells for $9 Million | Development

The DuPont industrial site at Old Hickory sold for $9 million, according to a Davidson County Deeds document. The new owner is an LLC affiliated with BHT Properties Group, based in Davie, Florida, which markets itself as a “character land development company.” The Job was unable to obtain further details about the company. The DuPont […]

Commercial property

Drawbridge enters DFW with office purchase

HQ53 real estate drawbridge entered the Dallas-Fort Worth market with the acquisition of HQ53, a newly constructed office building totaling 248,661 square feet in Plano, Texas. Cawley Partners sold the asset, which is fully leased to Aimbridge Inn. Newmark represented the seller in the transaction, while Provident life insurance company. facilitated the deal with an […]

Residential propety

MAD 100m ‘Samana Hills’ project delivered with private swimming pools in residential projects – News

Samana Group added 12 swimming pools and handed over title deeds to owners of two-bedroom apartments Samana Group Chairman Muhammad Farooq and Managing Director Imran Farooq at the handover ceremony in Dubai on Wednesday. — Photo provided Published: Thu 16 Jun 2022, 18:49 Samana Developers has sold a 100 million dirham ($27.2 million) residential project […]

Commercial property

Clinical Advanced and Commercial Property Management Solutions Market Research by 2031 – Designer Women

Market reports has recently released a new study in its database which highlights the in-depth analysis of the market with the future prospects of Commercial Property Management Solutions Market. The study covers important data that makes the research document a handy resource for managers, industry executives and other key people who get a ready-to-access, self-analyzed […]

Commercial property

Hines forms $1.5 billion investment vehicle

CIBC Square, Toronto. Image courtesy of Hines hines recently revealed the formation of an investment vehicle that will target the acquisition and development of various commercial real estate assets in strategic markets across Canada. The Houston-based global real estate company has closed a capital round of C$2 billion, or approximately $1.5 billion, for the pursuit […]

Industrial property

Industrial property golden race will ‘run out of steam’ as cost of debt rises, says BIS Oxford Economics

Average yields had potentially bottomed out at 3.6% in Sydney’s Far West and 3.9% in Melbourne’s Southeast Corridor. “During this period, 10-year bond yields fell below 1.0%, increasing the yield spread and the attractiveness of industrial property for investors,” he said. But the gap had since narrowed considerably. “Faced with an extended period of higher […]

Commercial property

Commercial property lawyers tap into demand for northeast homes

Commercial property lawyers tap into demand for northeast homes Calendar An icon of a desktop calendar. to cancel An icon of a circle with a diagonal line across it. Caret A right-pointing solid arrow icon. E-mail An icon of a paper envelope. Facebook An icon of Facebook’s “f” mark. Google An icon of Google’s “G” […]

Residential propety

Residential School Survivors Call on Pope to Recognize Unmarked Graves

A group of First Nations residential school survivors urges Pope Francis to acknowledge that many students forced to attend the institutions were buried in unmarked graves – and their parents were never told or allowed to bring their children home to bury them. The newly revived National Circle of Indian Residential School Survivors submitted the […]

Commercial property

For REITs, the NOI recovery is moving in the right direction

Stephen Boyd, Director of US REITs, Fitch Ratings With the summer season approaching, more and more people are eager to travel, shop and return to in-person establishments. As the country continues its slow recovery from the COVID pandemic, the latest signs point to a promising stabilization in REIT real estate NOI. In fact, Fitch found […]

Commercial property

Commercial Property Insurance Market Research Overview 2022 Industry Growth Analysis by Top Key Players, Share, Size, Global Trends, Demand and Forecast 2027

There “commercial property insurance market” Research report 2021-2027 offering a comprehensive overview of market size, share and growth opportunities, industry segmentation by product type, applications and geographical representation. The report highlights product development as well as technological upgrades that can drive the growth of the market. The Commercial Property Insurance market report includes analysis […]

Commercial property

Austin office development still strong

Several office towers are going ahead with construction. The Texas capital has been at the top of the country’s office development pipeline for the past year. As of April, Austin’s under construction inventory stood at 10.3 million square feet, according to business advantage. The Metro’s new supply pipeline accounted for 11.7% of its total inventory, […]

Residential propety

Aspen City Council moves forward with limits on residential development

Aspen City Council took a step closer on Tuesday to limit the number of residential properties that can be demolished to six per year, and when redeveloped, new homes must meet higher construction and energy performance standards than those currently in force. With little discussion, the council passed Ordinance 13 in first reading at its […]

Commercial property

Commercial property sales slowed in spring 2022 as rising interest rates deterred buyers

The US commercial real estate market slowed for the first time in 13 months as rising interest rates and inflation raised concerns across the sector. Commercial property sales for April fell 16% from the same month in 2021 to $39.4 billion, according to an MSCI Real Assets report last month. In contrast, total commercial property […]

Residential propety

Commemorations held five years after London’s worst residential fire | New

The names of the 72 people who perished in the UK’s worst residential fire since World War II were read out at a church service on Tuesday marking the blaze’s fifth anniversary. Survivors and families of victims of the Grenfell Tower fire gathered at Westminster Abbey for the first of a day of events to […]

Commercial property

Business real estate: The rise of electric vehicles

The rising cost of living, and in particular that of fuel, has been the main topic of conversation for many households in recent weeks, especially as the price of petrol is expected to hit £2 a liter in the next days. So it’s no surprise that pressure is starting to mount on employers to raise […]

Residential propety

Drought brings increased wildlife to residential neighborhoods

CORPUS CHRISTI, Texas — Local Texas game wardens said Monday that recent drought is forcing more wildlife into local neighborhoods. “Animals roam — they hunt for their food sources,” said Texas Parks and Wildlife Warden Lerrin Johnson. “Some of the food sources move around because they’re trying to find water.” Johnson said local subdivisions have […]

Commercial property

Subsidiary of Hepsor AS has completed the acquisition of a commercial real estate development project in Latvia

HEPSOR AS Hepsor Latvia OÜ, a subsidiary of Hepsor AS, has signed a real rights contract and acquired a plot of land of 30,624 m2 at Ganibu Dambis 17A, city of Riga on June 13, 2022. The contract under the law of obligations was signed on December 28, 2021. The property has 13 buildings of […]

Residential propety

Planning the $3.3 million conversion of the Novelty Machine Building into residential and commercial space | Government and politics

SIOUX CITY — Sioux City Council will be asked Monday to amend the urban renewal plan so a developer can convert the long-vacant old Novelty Machine building into residential units and commercial space. If approved, the amendment would also greenlight Lechner Lumber’s construction of a new facility at the northeast corner of Floyd Boulevard and […]

Residential propety

2 residential REITs Canadians can buy in June by The Motley Fool

© Reuters. 2 residential REITs Canadians can buy in June Prices in the Canadian housing market continue to remain high in 2022, despite a challenging macroeconomic environment. According to a Global News report, home sales in the Greater Toronto Area real estate market fell 39%, but prices still rose 10% year-over-year. Home sales in May […]

Commercial property

Commercial real estate projects: Housing, commercial real estate projects worth Rs 4,344 cr offered in UP

Up to 19 big-ticket real estate and commercial property projects worth Rs 4,344 crore have been proposed in Uttar Pradesh following the third Groundbreaking Ceremony (GBC-3) which took place is held in Lucknow on June 3 to attract industrial investment, according to an official statement. This does not include the construction of structures for other […]

Residential propety

‘Heroic’ driver drives burning tanker away from Delta State residential area to save lives

A ‘heroic’ truck driver praised for driving a burning tanker away from a residential area in Delta State. He put his life at risk to save lives and property in the densely populated residential area of ​​Delta State. The “heroic” truck driver was seen driving the engulfing tanker, leaving a trail of fire behind him. […]

Residential propety

City’s of Custer, Hill City bans residential holiday home rentals

BLACK HILLS, SD — Towns in the Black Hills area are cracking down on vacation home rentals. In a measure initiated on Tuesday, Hill City residents voted 158 to 138 to ban vacation homes in residential areas of the city. “We are landlocked. That’s what we have. If it all goes to vacation homes, that’s […]

Commercial property

Investing in commercial real estate can pay you back in 2022-23; here’s how

Experts would agree that the coronavirus pandemic has had a positive impact on the real estate market. Sales picked up fairly quickly given the growing awareness of the importance of owning a home. This brought fence keepers back to the forefront of safeguarding their investments by purchasing real estate. The residential and commercial real estate […]

Commercial property

Tishman Speyer sells Meta Campus

Sunnyvale office campuses at 1275, 1345, 1375, and 1395 Crossman Ave. Image courtesy of Jeff Peters Photography Seven months after leasing an office campus in Sunnyvale, California to Meta and 14 months after buying the 719,037 square foot property for $356 million, Tishman Speyer sold the complex to Commonwealth Partners for $707 million in Silicon […]

Residential propety

Male orca charged with residential burglary, vehicle seizure and possession of stolen property

An Orcas man has been charged with stealing a car from a rental company and breaking into a house. Anthony Michael Kean, 34, of Eastsound, was charged in San Juan County Superior Court with one count of residential burglary, second degree taking vehicle without permission and second degree possession of stolen property. On December 31, […]

Residential propety

Australian property prices break Japan’s 1989 record between residential land and GDP

ABC finance host Alan Kohler has shared a “scary” housing picture, after Australia hit a grim milestone dating back to 1989. ABC finance host Alan Kohler has shared a ‘scary’ chart to illustrate Australia’s property bubble – comparing the current situation in Japan before the ‘lost decade’ crash that saw prices plummet by 70%. “And […]

Commercial property

CRG’s $105 million Build-to-Suit project in Arkansas moves forward

Rendering of The Cubes brand. Image courtesy of CRG CRG will soon add to its growing logistics portfolio, now that the company has begun development on an approximately 1.2 million square foot bespoke industrial development in North Little Rock, Ark. CRG is building the $105 million facility, which will operate under the real estate company’s […]

Commercial property

Fixed fee broker finds CRE

Lew Sichelman The so-called disruptors have, well, disrupted the housing market. The field is now riddled with discount brokers. Agents aren’t even necessary for owners of 40 major markets who want to avoid the hassle of open houses and back-and-forth sales by selling their places to iBuyers, i.e. instant, institutional buyers. or internet. Other companies […]

Commercial property

Blackmon Mooring & BMS CAT Hire Commercial Property Sales Manager

“Maggie grew up in this company, and I couldn’t be more excited to have her on our National Accounts team. Her spirit and work ethic are second to none, and you can’t help to love her,” said Karee Huggins, Vice President of Sales at Blackmon Mooring & BMS CAT. “I can’t wait to see what […]

Commercial property

Tech company is heading to the Dallas area

Doosan Robotics Americas will establish its US headquarters in Plano. A western heritage Another tech company is heading to Texas. Doosan Robotics Inc.South Korean supplier of cobots, that is to say collaborative robots, has created a new business unit which will establish its American headquarters near Dallas, in Plano. From October, Gaedeke Group7950 Legacy Drive […]

Residential propety

Hyderabad records 152% YoY increase in residential property sales in May

Residential sales of 6,301 properties were recorded in Hyderabad in May 2022, an increase of 152% year-on-year and 17.6% month-on-month, Knight Frank said. The total value of properties traded in May 2022 stood at Rs 3,058 crore, an increase of 146% year on year and 9.9% month on month, bringing the cumulative value of all […]

Industrial property

Penwood Real Estate acquires Bordentown industrial property for $60 million

201 Elizabeth Street in Bordentown. – CUSHMAN & WAKEFIELD Penwood Real Estate Investment Management has acquired a 275,631 square foot industrial property in Bordentown. The $60 million purchase of 201 Elizabeth St., arranged by Cushman & Wakefield and announced by that company on June 8, was made through Penwood’s sixth value-added investment vehicle, Penwood Select […]

Industrial property

C&W is arranging the purchase of a 275,631 square foot industrial property in Bordentown for $60 million

Penwood Property Investment Management acquired a 275,631 square foot industrial property in Bordentown for $60 million, according to an announcement Thursday from Cushman and Wakefieldwho represented the buyer. Located at 201 Elizabeth St., directly off Exit 7 of the New Jersey Turnpike and less than half a mile from the River Line Light Rail, the […]

Industrial property

CTS Engines buys industrial property in North Palm Beach County

A photo illustration of 18855 Bee Line Highway in Palm Beach County (Bastian Laggerbauer from Colliers, Google Maps) CTS Engines paid $16 million for the northern Palm Beach County industrial facility it leases for jet engine testing. CTS, a Fort Lauderdale-based turbine engine maintenance and repair company, has purchased the property of 44.4 Bows at […]

Residential propety

The house price index will control house prices and reduce the risk of a crisis

Property experts have hailed the Residential Property Price Index (RPPI), saying it will help Cambodia to some extent control rising property prices and reduce the risk of a crisis in the area. PropNex Cambodia Real Estate managing director Ann Sothida said transactions and prices for houses or properties in Cambodia are currently “unclear” and there […]

Commercial property

Majestic Realty appoints Reon Roski CEO

A third-generation company executive, Roski has served on the board for 25 years. Reon Roski, CEO of Majestic Realty (image courtesy of Majestic Realty) Reon Roski will be the third generation in his family to take on a leadership role at majestic building, the firm announced on Tuesday. As CEO, Roski will partner with his […]

Industrial property

Marketing and Execution Specialist Relocates to Major Oswestry Industrial Property

A major industrial property in Oswestry is the new headquarters of a local company specializing in helping businesses take advantage of online markets. Elevation Marketplace Services Limited’s new Oswestry home is in the heart of the Mile Oak industrial estate Elevation Marketplace Services Limited has moved to the city’s Mile Oak industrial area after completing […]

Residential propety

Orange County Increases Residential Trash Fee by $10 – Orlando Sentinel

Homeowners in unincorporated Orange County will pay an additional $10 for trash removal services next year. County commissioners have approved the interim increase, which will appear on 2023 property tax bills. The hike, which must get final approval by July 15, would bring the annual fee to $260. The county has raised charges for its […]

Industrial property

Metropolitan Realty, Morgan Stanley Snap Up LIC Industrial Property for $106 Million – Trade Observer

MANA products sold its 220,000 square foot industrial asset to 27-11 49th Ave in Long Island City, Queens, for Metropolitan Real Estate Associates (ARM) and Morgan Stanley Real Estate Investment for $105.5 million, Commercial Observer has learned. The sale-leaseback agreement was completed last week and was led by CBREit is Doug Middleton and will pike. […]

Industrial property

What motivates the development of industrial property

The urban developer is delighted to bring together more than 15 industry experts to share their insights into the investment, transaction and development activities that define this booming sector. This is a unique opportunity for professionals directly involved in the sector, as well as those adjacent to it, to better understand the future of the […]

Residential propety

Corinthia flattens Hal Ferh complex even before residential villa permit is decided

New The old tourist complex of Ħal Ferħ has been turned into rubble. Corinthia Group has flattened a plot of land at the unique location of Ħal Ferħ (Għajn Tuffieħa) although it has not yet received planning authority permission for the development of 25 residential villas. According to the planning authority, the application is still […]

Residential propety

The residential property price index to track the sector

Chea Serey, deputy governor of the National Bank of Cambodia (NBC), the central bank. Photo provided The National Bank of Cambodia (NBC) and the National Institute of Statistics (INS) launched the Residential Property Price Index (RPPI) which compiles economic and financial statistics to analyze and evaluate economic processes, following the pre-Covid-19 real estate boom. real […]

Residential propety

GoLocalProv | 2nd Highest Home Sale in Providence History Closes

Sunday 05 June 2022 GoLocalProv News Team View larger + 280 Irving Avenue PHOTO: Residential Properties Residential Properties announced the sale of 280 Irving Avenue on the east side of Providence for $4.1 million. According to State-Wide MLS data, this is the highest residential sale among all single-family, condo, and multi-unit homes in Providence since […]

Commercial property

Lots of commercial properties across Scotland are set to go under the hammer

The Sauchiehall Street site SHEPHERD Chartered Surveyors has revealed the company’s latest commercial property auction, featuring 27 lots across Scotland, will be broadcast online with remote bidding only Wednesday, June 8 at 2:30 p.m. The The catalog showcases a range of opportunities, including retail, office, licensed leisure, commercial investment, development sites and residential investment. One […]

Residential propety

Pwllglas property on the market with Cavendish Residential

In Pwllglas, near Ruthin, is The Old Post Office and it’s on the market for £425,000 with Cavendish Residential. This substantial stone-fronted residence offers an adaptable family homeoffering a large reception hall, walk-through lounge, dining room with feature fireplace mantle, kitchen with bespoke pitch pine cabinetry, conservatory, side porch, first floor landing, master bedroom with […]

Residential propety

JP Infra presents the first urban forest in a residential township using the Miyawaki technique

Previous story: 64% increase in tourist visitation to Kaziranga National Park, a total revenue collection of Rs.6,39,23,389 in revenue JP Infra presents the first urban forest in a residential township using the Miyawaki technique Posted on June 4, 2022 JP North Garden City’s focus on forest restoration is in line with the theme of World […]

Residential propety

Georgia Residential Mortgage Law Amended to Combat Employment of Criminals | Ballard Spahr LLP

Governor Brian Kemp signed into law SB 470 on May 2, 2022 (the effective date), amending provisions of the Georgia Residential Mortgage Act, OCGA §§ 7-1-1000 and following., which prohibited a Georgia mortgage lender or mortgage broker from employing anyone convicted of a felony. The enactment of SB 470 is a major step toward solving […]

Industrial property

Californian company acquires industrial property from Gilbert | Company

Intersection, a California-based company that prides itself on its value-driven commercial real estate strategies, has acquired a 92,750 square foot flexible multi-tenant industrial property in Gilbert for $13.25 million. The acquisition of KeyWest Plaza, 700-734 N. Golden Key St. was completed off-market and represents the second acquisition in Intersection’s post-pandemic industrial investment strategy which focuses […]

Industrial property

Proprietary builder ETA World targets listing on ACE market

KUALA LUMPUR (June 3): Industrial property builder ETA World Group Bhd is seeking a listing on Bursa Malaysia’s ACE Market. The proposed initial public offering (IPO) will consist of a public issuance of 111.9 million new shares, or 26.03% of its expanded share capital after the IPO of 429.92 million shares, according to the exposure […]

Residential propety

A three-building residential and commercial complex in Piedmont, Italy, will be auctioned via Sotheby’s Concierge Auctions

Castello di Solonghello, Monferrato, Piedmont, Italy Villa complex: castle, residence and former jewelry factory Incredible opportunities for professional and personal use Large outdoor terraces to enjoy the view Stunning view of the Monferrato hills In cooperation with Ilaria Demartini of Italy Sotheby’s International Realty, Castello di Solonghello will be auctioned in June via Sotheby’s Concierge […]

Residential propety

Developers Open Barlow Park Mixed-Use Residential Neighborhood

Barlow Park is set to become Sandton’s new residential area and will provide affordable housing. Bulk earthworks for the first phase of the R3 billion project began in June and will transform the property, which previously housed Barloworld’s headquarters, logistics and equipment, into a modern mixed-use residential area. Property investor and developer Atterbury, which is […]

Commercial property

JBG SMITH drives change forward with $228 million DC deal

Universal North and South. Image courtesy of Newmark JBG SMITH the sale of a pair of office buildings in Washington, DC, is helping its transition to a multi-family orientation and its flagship National Landing project. The latest move is the $228 million sale of two Class B office buildings in downtown Washington, D.C. post brothers […]

Commercial property

Walker & Dunlop Investment Partners Forms $500 Million Joint Venture

Mitchell Resnick, Senior Vice President and Group Head of Investment Management and Private Equity Platform, Walker & Dunlop. Image courtesy of Walker & Dunlop Walker & Dunlop Investment Partners Inc., the alternative investment manager wholly owned by Walker & Dunlop, has formed a $500 million joint venture with Pacific life to make equity investments in […]

Industrial property

NAI Fennelly negotiates the sale for $5.6 million of a 75,097 square foot industrial property in Trenton

A four-building, 75,097-square-foot industrial complex in Trenton has been sold for $5.6 million to Third Street Trenton LLC, according to an announcement Wednesday from NAI Fennel. Representing the seller, Mary & Thomas Realty LLC, were Jerry Fennelly and Matthew Fennelly of the Township of Hamilton commercial real estate solutions provider. Located at 292 3rd St., […]

Commercial property

Impact of rising fuel prices on commercial real estate

It is well known that the cumulative increase in fuel prices has contributed significantly to overall consumer price inflation, and this new increase continues that pressure. For many consumers, spending on fuel is hard to avoid, which means many need to reprioritize and likely cut back on non-essential spending more, as well as delay low-frequency […]

Industrial property

NAI Fennelly negotiates $5.6 million sale of 75,097 square foot industrial property in Trenton

NAI Fennelone of the most experienced and successful independent full-service commercial real estate providers in New Jersey and Pennsylvania, announces that it has negotiated the sale for $5.6 million of a four-storey industrial complex buildings and 75,097 square feet at 292 3rd Street in Trenton, NJ Jerry Fennelly, SIOR, and Matthew Fennelly of NAI Fennelly […]

Residential propety

Dallas City Council plans to ban short-term rentals in residential neighborhoods

Dallas City Council plans to ban short-term rentals in residential neighborhoods After numerous landlord complaints, Dallas is closing in on a decision on where short-term rentals should be allowed. DALLAS – After numerous landlord complaints, Dallas is closing in on a decision on where short-term rentals should be allowed. It seems council members tend to […]

Residential propety

HGP supports residential development in Birmingham | Midlands property news

Housing Growth Partnership (HGP), which is backed by Lloyds Bank and Homes England, has invested £1.3m in a residential development in Birmingham. Located in Digbeth, the project comprises 39 one and two bedroom apartments in two separate buildings, close to the historic pub The Fountain Inn. Developer 10M Group worked with HGP and the publican […]

Industrial property

Mill Park industrial property has doubled in value in three years

This is the second time the building has delivered a major return to its owner. When Cadence Property Group sold it in 2019, the developer realized a 54% capital gain in just 12 months after paying $7.14 million in April 2018 on a 9.6% return and then spending $1 $.75 million in upgrades, before locking […]

Industrial property

Sixty-hectare site at Truganina in Melbourne’s west is set to fetch $225m

“But there has been an explosion of development, large areas have been set aside for conservation and there is pressure to build houses.” With most of the larger sites already pre-committed or banked, Ellis said there was only about two to three years of supply of planned industrial land left, based on current consumption rates. […]

Industrial property

Unprecedented demand for industrial property driving up prices

Record demand for industrial space continued to put upward pressure on rents and property values, with the trend expected to continue. Ray White, research business manager, Vanessa Rader, said the unprecedented demand for logistics, transport and warehousing of goods in response to the growth of online retailing has been the catalyst for the resurgence of […]