Residential propety

Redevelopment of Bensalem to focus on residential along the Delaware River

Change is coming to the Bensalem seafront. Still. Nearly two decades after the creation of the R-55 Riverfront Revitalization District to establish waterfront housing, the Bensalem Township Council has reached a compromise agreement on its new property proposal between its river access Delaware and Interstate 95. The initial proposal met with opposition from business leaders […]

Commercial property

Mini-Budget sends shivers down the spine of commercial real estate

Stock prices of real estate companies and builders plummet Mortgages taken off the market It’s a tough time for real estate investment trusts (REITs) and homebuilders. In reaction to Chancellor Kwasi Kwarteng’s disastrous ‘mini’ budget, Independent Living Reit scrapped a planned £150m IPO, LXi REIT (LXI) scrapped plans to buy a £500million portfolio of supermarkets […]

Commercial property

Champion Partners inaugurates the 1.4 MSF Dallas project – Commercial Property Executive

Commercial point 45 West. Rendered courtesy of Stream Realty Partners Champion The partners and Cresset The partners broke ground on a 1.4 million square foot industrial project in Wilmer, Texas, one of the largest single-building speculative developments in the state. The developers have designated Flow Immovable The partners be in charge of the rental. Tradepoint […]

Commercial property

BARDAS and Bain Capital plan $600 million studio campus in Hollywood – Commercial Property Director

Echelon Television Center. Image courtesy of BARDAS Investment Group and Bain Capital Real Estate Coming soon to Hollywood is a $600 million redevelopment of the aging facilities of the former TV Center into a modern 620,000 square foot urban studio campus featuring creative offices, studio grounds and four large sound stages. This production is brought […]

Industrial property

Industrial Property Owner Withdraws Conditional Use Request | Local News

MILTON — Following two conditional use hearings and numerous deliberations and discussions between borough elected officials and the public, the owner of the former ACF Industries property has withdrawn a conditional use application that he had filed for the site. Milton City Council Speaker Jamie Walker announced at Wednesday’s meeting that Mr. Milton LLC had […]

Industrial property

Private investor grabs Brisbane industrial property for $8.8m

Prime location close to Brisbane Airport and major roads Land of 9,403 m² and 5,218 m² of landscaping Two titles sold in one line Two Northgate title deeds were acquired by a private local investor from Neta Tire Service and Sales for $8.8 million. Located at 87 Old Toombul Road and 12 Spiers Street, the […]

Residential propety

Residential Tricon – Give Me S

Residential Tricon Inc. (TSX:TCN, Financial) (NCT, Financial) is a fast-growing single-family rental (SFR) operator with more than 33,000 homes located primarily in the US Sunbelt. Tricon also operates two other smaller, peripheral business segments comprising multifamily rental and residential development. The stock is listed on the Toronto Stock Exchange and the New York Stock Exchange. […]

Commercial property

New California housing laws make it easier for builders to convert commercial properties: NPR

A commercial building lies empty September 19 in Citrus Heights, Calif., northeast of Sacramento. Two new laws in California will allow developers to bypass local governments to build homes on commercial land. Rich Pedroncelli/AP hide caption toggle caption Rich Pedroncelli/AP A commercial building lies empty September 19 in Citrus Heights, Calif., northeast of Sacramento. Two […]

Commercial property

Top 5 Industrial Building Sales in New York – August 2022 – Commercial Property Manager

Source: PropertyShark, a company of Yardi Systems Inc. 537-545 Sackett Street, Brooklyn Selling price: $30,366,000 The 41,050 square foot factory in Gowanus will be replaced by Majestic, a mixed-use development. Developed by a partnership including The Domain Cos., Vorea Group, Mega Development and Urban Investment Group, an arm of Goldman Sachs Asset Management, the project […]

Residential propety

Developer plans residential, dining and entertainment complex in downtown Yorkville – Shaw Local

YORKVILLE – Pat Harbor has a vision for downtown Yorkville as a dining and entertainment destination. The Yorkville developer plans to transform three of the historic downtown’s most notable properties into restaurants, drinking establishments, residential apartments and a brewery. “We’re not going to be Disney, but I see a multi-purpose entertainment complex,” Harbor said. One […]

Industrial property

AME targets industrial property sales of RM250m in fiscal year 2023

AME Group Chief Executive Kelvin Lee Chai said the group’s improved sales in fiscal 2022 despite international border closures speaks volumes about the huge demand for well-managed integrated industrial parks. JOHOR BAHRU (Sept. 28): AME Elite Consortium Bhd (AME) is bullish on achieving industrial property sales of around RM250 million in the fiscal year ending […]

Commercial property

California allows new housing on commercial properties

Flanked by lawmakers, housing advocates and labor leaders, Governor Gavin Newsom on Wednesday signed two bills in San Francisco that would facilitate the redevelopment of underutilized shopping malls, office buildings and parking lots into new apartments, condos and townhouses. Supporters celebrated the new laws — which require local governments to approve multifamily projects as long […]

Residential propety

Developer proposes 21-story residential tower on former Long Beach Cafe property • Long Beach Business Journal

The Long Beach Cafe and its small parking lot have been fenced off since the popular downtown restaurant succumbed to the pandemic more than two years ago. Now a developer is proposing a residential tower with hundreds of units for the site. Burnham Development, a Long Beach-based consultant for property owners and developers, has proposed […]

Residential propety

Hurricane Ian threatens over a million residential buildings on Florida’s Gulf Coast

As Puerto Rico, still largely without power, continues to try to pull out of Hurricane Fiona, Florida is bracing for the now Category 4 Hurricane Ian, which is expected to roar this afternoon. A name that ironically means “God is merciful”. With grace like this, who needs disaster? The state faces a potential maximum surge […]

Industrial property

AME targets industrial property sales of RM250m in FY23

PETALING JAYA: AME Elite Consortium Bhd is bullish on achieving its industrial property sales target of RM250 million in the financial year ending March 31, 2023 (FY23), thanks to increased foreign direct investment and national parks in its industrial parks. Its sales target for FY23 is higher than the RM168.4 million recorded in FY22. In […]

Commercial property

MetLife Investment and Granite Properties Complete Atlanta Project – Head of Commercial Real Estate

Downtown Union. Image courtesy of Granite Properties Last week’s opening of the Kimpton Shane Hotel in Midtown Union ends the three-tower mixed-use development in Atlanta’s Midtown neighborhood. MetLife Investment Management and Granite Propertiestwo of the project’s developers made the announcement on Monday. The project’s Class AA office tower and Mira at Midtown Union residential tower […]

Residential propety

Santa Barbara police arrest multiple suspects in trio of residential burglaries | Local News

The past few days have been bad for burglars, but good for the Santa Barbara Police Department, which has arrested four people in connection with a trio of residential burglaries. The burglary spree began around 1:40 a.m. Saturday when officers were dispatched to a home in the 1600 block of Shoreline Drive, according to Sgt. […]

Commercial property

Reno Industrial Market to welcome 1.5 MSF of new space – Commercial Property Executive

Majestic Reno Commercenter. Image courtesy of Majestic Realty Co. With Majestic Reno Commercenter I, a two-building project totaling approximately 515,200 square feet, having already received a solid response, Majestic Realty Co.. is moving full speed ahead with two more speculative developments, Majestic Reno Commercenter II and III, which will yield an additional 939,100 square feet. […]

Residential propety

Greater Palm Beach area home sales drop 25% in August

E-mail Sign up for our free weekly newsletter According to the Miami Association of Realtors, sales of single-family homes in Palm Beach County fell 20.4% year-over-year, from a record 1,624 in August 2021 to 1,292 in August 2022. , due to lack of inventory and rising mortgage rates. Sales of existing condos in Palm Beach […]

Commercial property

New fully furnished commercial property available in Newark, Texas

NEWARK, TX, September 26, 2022 /24-7PressRelease/ — If you’re looking for the ideal combination of office, warehouse, and industrial prep/production space for rent in North Tarrant County, the brand new fully furnished industrial facility of Avondale could be the right person for you. Originally built to be a hemp manufacturing plant, the 14,725 square foot […]

Residential propety

“Attached” residential house to house activists – Kashmir Reader

Bandipora: Police in Bandipora district, North Kashmir, tied up a dwelling house for allegedly sheltering and accommodating militants, after obtaining permission from the relevant authority. In a statement, the police spokesperson said that the police seized the residential house of one person, namely Bashir Ahmad Mir of Wanpora Gurez, currently a resident of Watrina, after […]

Residential propety

$20m sale in Ōrākei sets residential record so far for 2022: Big house, stunning city views

Paritai Dr House has set the house price record so far this year. Photo/Google Street View New Zealand’s most expensive homes sold so far this year include a $20million house, writes Anne Gibson. No 1. 20 million dollars A $20 million Ōrākei home sale eclipsed other sales in the year so far. Nick Goodall, head […]

Residential propety

PROPERTY OBSERVATION: 207 acre non-residential prairie farm

REA T & J Gavigan and REA Brophy Farrell are co-agents of an exceptional 207.9 acre prairie farm in Oldcastle, Co Meath. The farm goes up for auction at 3pm on October 5 at The Headfort Arms, Kells (unless it has already been sold). The auction will take place in three lots: Lot 1 — […]

Commercial property

The return on investment in commercial real estate is more than residential, just take these precautions

Photo:Indian Television Commercial vs residential property Strong points In a commercial property, the tenant bears all expenses related to maintenance Real estate experts believe that the demand for commercial properties will increase in the coming days. The impact of the economy on commercial real estate is several times greater than on residential real estate. Commercial […]

Residential propety

Deputies recover motorbike and bikes stolen in residential burglary – The Suburban Times

Announcement from the Pierce County Sheriff’s Department. On Tuesday, deputies were dispatched to a residential burglary in the 19900 block of 13th Avenue E in Spanaway. The victim was out of town, but the neighbor told deputies someone had broken into the house. Numerous items were missing, including a Harley Davidson motorcycle, firearms, jewelry, electronics, […]

Commercial property

Sale of Windsor Hills Mall, more OKC commercial property deals

Newmark Robinson Park reports these real estate transactions: ∙ Windsor Hills LLC purchased the 162,133 square foot Windsor Hills Mall, 4629 NW 23, from SDI-Windsor Hills LLC for $9,199,086. Danny Ojeda, Jim Rose, Jay Cohlmia and Michael Rapella represented the seller. ∙ Texola Inc. paid Rustic Cannibal Properties LLC $550,000 for 24.43 acres at 6305 […]

Commercial property

Vox Media’s documentary on black beauty wins SeeHer Lens Award 2022

Vox Media and Sephora’s documentary “The Beauty of Blackness” won the 2022 SeeHer Lens Award at the New York Festivals International Advertising Awards. Image provided. The SeeHer Lens Award is a partnership between New York festivals, The Female Quotient (The FQ) and ANA. . SeeHer is a collective of marketers, media organizations and industry influencers […]

Residential propety

Resimac launches new 20-year interest rate mortgage for residential investors

Resimac targets residential real estate investors looking for buying opportunities in today’s market with a 20-year interest-only mortgage Non-bank mortgage lender Resimac has launched a one-time, 20-year interest mortgage that will only be available to residential property investors. The 20-year interest-only option of the new Cashflow 20 Investor Loan is available at up to 50% […]

Residential propety

FirstService Residential welcomes Mapleview Homeowners Association to its Collegeville portfolio

Mapleview Owners Association; now managed by FirstService Residential “Our experience, breadth of resources and local presence were all important to the Mapleview Board of Directors,” said Donna Fiore, senior vice president, New Jersey, FirstService Residential. These key factors and our reputation are some of the reasons the council chose FirstService Residential. COLLEGEVILLE, PA (PRWEB) […]

Industrial property

River North industrial property sells for $13.5M | Development

A River North industrial property bordering both the Cumberland River and Interstate 65 has sold for $13.5 million, with the new owner affiliated with the company that operates from the building on the site. The transaction follows a recent $19.4 million transaction by River North involving a 4.33-acre property at 21 Oldham St. and home […]

Commercial property

Ocean West JV sells industrial portfolio for $905m – Commercial Property Executive

This collection of seven properties spans the Sun Belt and the Northeast. Dallas World Industrial Center – The Home Depot A joint venture comprising Ocean West Capital Partners, Tiger Alternative Investors and Real estate income completed the divestment of a logistics portfolio of seven properties totaling over 7 million square feet in the Sun Belt […]

Industrial property

Middlesex County industrial property sells for $36.5million in off-market deal

18-20 Hamrich Road is a 200,000 square foot industrial property consisting of two buildings in South Plainfield. – LEE & ASSOCIES NEW JERSEY A Boston-based buyer has purchased a 200,000 square foot industrial building in Middlesex County for $36.5 million. Lee & Associates New Jersey announced the sale of the two-building, 17-acre property located at […]

Commercial property

Hudson’s Bay Considering a Major Mixed-Use Makeover – Commercial Property Manager

A section Lord and Taylor The building in Westfield, NJ, would be redeveloped with multiple city-owned parcels as part of a 731,000 square foot mixed-use development project with office, retail and housing aimed at revitalizing downtown. town of Westfield. Hudson’s Bay Company., the parent company of Lord & Taylor, and its real estate development arm, […]

Commercial property

How Interest Rate Rise #5 Affects CRE – Commercial Property Executive

Brian Couton. Image courtesy of Fitch Ratings Wednesday’s news that the Federal Reserve Bank raised interest rates again is hardly surprising, as the central bank has yet to see inflation slow. Despite four previous rate hikes this year in March, May, June and July, consumer prices as well as consumer spending remain elevated. The Fed […]

Residential propety

Manchester housing project redesign fails to address community concerns, Richmond residents say

RICHMOND, Va. (WRIC) — A proposed residential complex to be built in the Manchester neighborhood of Richmond has been under the microscope for months following widespread backlash from the community. Community opposition prompted New York developer Avery Hall Investments to revise its design for the twin-tower complex. The area’s iconic Legend Brewing Company is known […]

Industrial property

North Long Beach industrial property to be redeveloped into large warehouse • Long Beach Business Journal

A North Long Beach property recently occupied by an oil and gas company is set to be redeveloped into a huge warehouse. In March, commercial real estate advisory and services firm Newmark Group announced the $50.7 million sale of the property at 5900 Cherry Ave., just north of South Street. Link Logistics Real Estate, a […]

Commercial property

Shopoff completes purchase of 270-acre land in Arizona – Commercial Property Executive

Plans call for up to 15 buildings on this newly acquired site. Overview of the Mesa website. Image courtesy of Shopoff Realty Investments Shopoff Real Estate Investments acquired 269.9 acres of land in Maricopa County, Arizona. The land was purchased with an $81 million first mortgage provided by Mavik Capital Management. The property is the […]

Industrial property

Bussel Realty sells 40,000 industrial properties to Sitex for $19.7 million

Based on Edison Bussel real estate company said on Tuesday it negotiated the sale of 160 Essex Ave. E. in Avenel, a 40,000 square foot industrial property, at Sitex Group for $19.7 million. Jordan Metz, senior vice president of BRC, represented both the buyer, Sitex Group, and the seller, Total Source Logisticsin the transaction. “The […]

Commercial property

Top 5 Markets for Industrial Construction Business – Commercial Real Estate Manager

The industrial sector continued to operate at full capacity, with e-commerce activity and fulfillment and logistics centers supplying most of the new supply brought to market. According business advantage According to the data, nearly 700 million square feet of industrial space was under construction at the end of June nationwide, representing 4% of the total […]

Industrial property

Uzbek President approves industrial property protection agreement on cooperation with Azerbaijan

By Ayya Lmahamad Uzbek President Shavkat Mirziyoyev approved the agreement between the governments of Uzbekistan and Azerbaijan on cooperation in the field of industrial property protection, reports Azernews, citing Uzdaily. “The President of Uzbekistan signed a relevant resolution on the approval of the international treaty,” the statement said. The Uzbek Ministry of Justice is defined […]

Residential propety

Lake Placid extends STR moratorium for residential areas | News, Sports, Jobs

LAKE PLACID — The Village of Lake Placid’s moratorium on issuing new short-term vacation rental permits has been extended through Dec. 31, but only for residential areas of the Village. The Village STR moratorium for all zoning districts began in March and was due to end at the end of this month. The […]

Residential propety

Riverhead’s first luxury residential building opens

The Shipyard, a new four-story residential building in downtown Riverhead, began accepting tenants earlier this summer. The contemporary building at 331 Main Street East holds 36 luxury units, ranging and offering modern amenities. Located at the end of the River Walk, the apartments even include private balconies with views of the the Peconic River. There […]

Commercial property

Find the Perfect Commercial Property to Rent: Hire Emil Anderson

When Looking For Commercial Property For Your Business In Kelowna, Secure A Lease Made Easy With The Experts Are you looking for a commercial property that meets your business needs? It starts with the right real estate agent, as they are responsible for getting you into the perfect location. The commercial leasing process is fraught […]

Industrial property

KMC Properties acquires industrial property for NOK 52 million outside Lesund on the west coast of Norway

KMC Properties ASA, a real estate company focusing on industrial and logistic properties, today announces that it has signed an agreement for the acquisition of an industrial property outside Ålesund on the west coast of Norway for approximately NOK 52 million. The tenant is Cflow Fish Handling AS (Cflow), a provider of solutions and services […]

Commercial property

Where to find reliable returns in a volatile commercial real estate market – Damian Diamantopoulos

The past few months have tested the nerves of Australian commercial property investors as inflation, rising rates, recession fears and a turbulent construction environment weigh on investor sentiment. In the three months to June 30 alone, listed real estate assets fell 15.3% in the face of rising real yields, ending fiscal 2022 with negative returns […]

Residential propety

People on the Move: Compass Lands Two, RI Hospitality and Residential Properties Announce Additions

Tuesday, September 20, 2022 GoLocalProv Sales Team GoLocal’s People on the Move is an update on new hires and promotions in southern New England. If your organization has an announcement, email it to us at [email protected]. View larger + PHOTO: RI Hospitality RI Hospitality adds to finance GET THE LATEST NEWS HERE – SIGN UP […]

Residential propety

2022-09-19 | NYSEAM:BRG | Press release

NEW YORK, September 19, 2022 /PRNewswire/ — Bluerock Residential Growth REIT, Inc. (NYSE American: BRG) (“BRG” or the “Company”) today announced that its board of directors (the “BRG Board”) has approved the distribution to its shareholders of all outstanding common stock of Bluerock Homes Trust, Inc., which will become the holder of the Company’s single-family […]

Commercial property

Wonderful Real Estate Inks 1 MSF Lease in Central California – Commercial Property Executive

3800 Fanucchi Road. Image courtesy of Wonderful Real Estate Development In the marvelous 1,600-acre industrial park in Shafter, California, Magnificent real estate development continues to lease facilities virtually as soon as it builds them, and the newly completed speculative property at 3800 Fanucchi Way is no exception. Wonderful recently signed a contract with a US […]

Industrial property

Separate sales of Enfield’s industrial properties bring in $29.2 million

A New York-based commercial truck salesman and a Massachusetts-based real estate investor paid $14 million and $15.2 million, respectively, for industrial properties in Enfield in separate sales recorded in early September. 1 Depot Hill Road Google Maps 1 Depot Hill Road, Enfield. Gabrielli Enfield LLC, an entity related to New York-based Gabrielli Truck Sales, paid […]

Residential propety

EcoGen America helps commercial and residential customers switch to solar energy in the United States

Over the past decade, some of the top conversations that have dominated speeches across the United States are rising electric bills and the need for greener, more sustainable energy. To make solar power possible, EcoGen America offers custom plans for commercial and residential customers in different states. They are involved from planning to installation, ensuring […]

Residential propety

Surrey Police are investigating a shooting on a residential street near Scott Road – B.C.

A residential street in Surrey is the scene of an early morning shooting as officers investigate a house riddled with bullets. On Sunday, Surrey RCMP officers are investigating a house and surrounding property in the 12300 block of 68th Avenue. Apparent bullet holes were seen in the side of a house in Surrey on Sunday […]

Residential propety

Whitwick property developer gets green light to turn residential home into five-bedroom HMO for nine | Local News | New

A house in Whitwick is to be converted into a five-bedroom house with multiple occupancy for nine people. The property, in Church Lane, has been used as a four bedroom dwelling. But the applicant, Mr. Alex Smith of Prestige Properties, has been given the green light to develop the house. There were three objections from […]

Commercial property

Buying and selling commercial property in Belgium: a guide – Real Estate

The last few years have been fruitful for investors who have diversified their real estate portfolio with commercial real estate. These investments offer better financial returns than residential properties and are generally good hedges against inflation. In Belgium, logistics real estate investments dominate the real estate market. Demand for warehousing space in the country grew […]

Residential propety

Renville County approves first five-year residential tax abatements – West Central Tribune

OLIVIA – The Renville County Board of Commissioners has approved the first applicants for tax abatements for the construction of residential properties in the county. In action Tuesday, commissioners approved five-year reductions on the county’s portion of taxes for two separate single-family homes and for a two-unit townhouse. Single family homes are located in the […]

Residential propety

BILD Alberta Celebrates the Best of Homes and Communities

Breadcrumb Links Houses Top honors go to builders, renovators and property developers. Vicky’s Homes won the Pinnacle Award for Small Volume Builder at the 2022 BILD Alberta Awards. Photo by Merle Prosofsky /Postmedia Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission on purchases made through links on […]

Residential propety

Tricap Residential Group acquires Traditions Townhomes and changes brand

Brixin Franklin Away Tricap buys townhouse community in Franklin, Indiana CHICAGO, Illinois, USA, Sept. 16, 2022 /EINPresswire.com/ — Tricap Residential Group, owner and operator of multi-family communities, has purchased Traditions Townhomes, a 124-unit apartment community in Franklin, Indiana. Berkadia negotiated the transaction. This purchase is Tricap’s fourth acquisition in Indiana and its first townhouse community. […]

Industrial property

Sells industrial property near the future Oracle campus | Development

A River North industrial property next to the Cumberland River and Topgolf — and close to the future Oracle campus — has sold for $19.4 million. Home to cement supplier Cemex, the 4.33-acre property offers a prime address of 21 Oldham Street (and an alternative address at 19 Oldham St.). 21 Oldham Street Property Appraiser […]

Residential propety

Rising Home Values ​​Drive Up Taxes: Median-Value Home in Lakeville Should Pay $120 More for Town Portion | Lakeville

Country the United States of AmericaUS Virgin IslandsU.S. Minor Outlying IslandsCanadaMexico, United Mexican StatesBahamas, Commonwealth ofCuba, Republic ofDominican RepublicHaiti, Republic ofJamaicaAfghanistanAlbania, People’s Socialist Republic ofAlgeria, People’s Democratic Republic ofAmerican SamoaAndorra, Principality ofAngola, Republic ofAnguillaAntarctica (the territory south of 60 degrees S)Antigua and BarbudaArgentina, Argentine RepublicArmeniaArubaAustralia, Commonwealth ofAustria, Republic ofAzerbaijan, Republic ofBahrain, Kingdom ofBangladesh, People’s Republic […]

Commercial property

Supersize Bunnings sells for $100 million

A little-known investor has invested around $100 million in an oversized Bunnings hardware store, touted as one of the largest in the Wesfarmers-owned network. The green and red branded shed was sold along with an Amart furniture store to a company called ESCB Holdings, owned by Guirong Zhang, a caveat attached to the ownership shows. […]

Residential propety

Demolition work in progress at Newport Residential Home

Demolition work has begun on the old abandoned retirement home, Polars, on Staplers Road. Over the past few months, calls have been received from the community and close neighbors for the building to be tidied up and secured. Some neighbors said they feared for their safety. Ryde Demolition began work in February to clean up […]

Industrial property

Adoption of the bill establishing the Congolese Industrial Property Office – Trademark

September 15, 2022 adam and adam To print this article, all you need to do is be registered or log in to Mondaq.com. The Senate adopted a bill establishing the Congolese Industrial Property Office. With the creation of the Industrial Property Office, the objective is to provide technical assistance to local economic operators, researchers and […]

Commercial property

Lovett Industrial and Cresset Partners Launch Project 1.2 MSF – Commercial Real Estate Manager

NorthPort Logistics Center. Rendered courtesy of Lovett Industrial NorthPort Logistics Center site plan. Image courtesy of Lovett Industrial NorthPort Logistics Center Groundbreaking Ceremony. Image courtesy of Rob Greer Photography NorthPort Logistics Center Groundbreaking Ceremony. Image courtesy of Rob Greer Photography A partnership between Lovett Industrial and Cresset Partners opened the NorthPort Logistics Center, a Class […]

Industrial property

Industrial property at 1 Jalan Lembah Kallang for sale: Knight Frank

It has an indicative list price of $7.5 million. An industrial property on the outskirts of the city at 1 Jalan Lembah Kallah is for sale by private treaty with an indicative price of $7.5 million, according to Knight Frank. In a statement, Knight Frank said the detached factory is made up of a three-story […]

Residential propety

Two projects could bring residential boom to southwest Elgin

More than 400 new apartments and townhouses could see the light of day in southwest Elgin thanks to two ongoing construction projects. The first of these projects received approval from the city’s planning and zoning commission this week. The Avalon Trails project would create a new subdivision near the intersection of Randall and Hopps Roads. […]

Commercial property

CRE could face a “recession of choice” – Director of commercial real estate

Snapshot of the video conversation hosted by Marcus & Millichap A video conversation hosted by Marcus & Millichap CEO Hessam Nadji with former US Treasury Secretary Lawrence Summers, Brookfield Asset Management Partner Swarup Katuri and Kimco Realty Corp. CEO Conor Flynn revealed many insights regarding commercial real estate and the current economic horizon. Hosted hours […]

Residential propety

A 360° overview of the residential real estate sector | On line

Perfectly positioned at the center of the residential market, we advise and add value to owners, investors, residents, agents, developers, contractors and operators. As our portfolio grows, so does our circle of knowledge, relationships and expertise. As a central support function for rentals, property management, residential wellbeing and community development, we have an incredibly balanced […]

Industrial property

Logistics firm acquires industrial property for £6m

Wed 14 Sep 2022 | COMMERCIAL PROPERTY An industrial unit in Milton Keynes has been acquired by a logistics firm in a deal valued at £6million. Pacific House, an almost 65,000 square foot industrial unit located in Kiln Farm, has been acquired by Pacific Logistics, which has occupied the property for approximately eight years, from […]

Residential propety

RanksFC signs agreement to build luxury residential project in Ctg

TBS Report September 13, 2022, 9:40 PM Last modification: September 13, 2022, 9:43 PM Photo: courtesy “> Photo: courtesy Ranks FC Properties Ltd is to construct a new state-of-the-art multi-storey luxury residential project in the residential area of ​​Nasirabad in the city of Chattogram. To this end, Ranks FC and Jamal Uddin Ahmed, land owner […]

Commercial property

Endeavor Hotels and Iris Capital buy ads

Private investment groups Iris Capital and Mark Kennedy’s Endeavor Hotel vehicle have expanded their portfolios with the purchase of two regional pubs as demand for the sector shows few signs of slowing. Over the past week, veteran hotelier and former Wallaby player Bill Young continued his business overhaul with the sale of the 1,827-year-old heritage-listed […]

Commercial property

cos. Related Plans Austin Office Projects – Commercial Property Manager

One Ladybird Lake will soon rise along the downtown waterfront, while 901 South Congress will mark the company’s first mass timber construction. Related Cos. announced plans to develop two Class A office projects in Austin. An office building dubbed 901 South Congress will take shape in the South Congress District, as the company partners with […]

Commercial property

Developing the next generation of studio apartments in Los Angeles – Commercial Property Executive

Jeff Stotland, executive vice president of Global Studios at Hudson Pacific Properties. Image courtesy of Hudson Pacific It’s no secret that the pandemic has accelerated our online media and entertainment consumption, but the rise of streaming services was well underway before 2019. As one of the major entertainment hubs of the planet, California has seen […]

Residential propety

Hybrid plans for residential development | South West real estate news

A hybrid planning application has been submitted for nearly 250 homes on land east of Swindon. Terra presents plans for a 49-acre site that is part of the New Eastern Villages (NEV) allocation. The 248 houses will be specified with the highest EPC rating of A. The preliminary application lodged with Swindon Borough Council is […]

Residential propety

CITY OF SALEM UPDATE: Residential sewer rate to be increased by 50%, Kinerk resigns | New

The City of Salem Board of Aldermen will vote on a sewer rate increase this Thursday evening at its rescheduled regular meeting at 6 p.m. in the council chambers (elected officials were scheduled to attend Missouri Municipal League practice on Tuesday ). If passed, this marks a 50% rate increase. If approved (invoice #3521), residential […]

Commercial property

Ask the Expert: Fear vs. Flexibility – Has Hybrid Working Permanently Disrupted Commercial Ownership?

Here, Caroline Jones, head of the Commercial Property team at HM3 Legal, shares her experience on how the shift to hybrid working is changing the industry and how savvy landlords and tenants can adapt to succeed. In 2019, less than 5% of the UK workforce worked primarily from home – according to statistics from Cardiff […]

Commercial property

Denver mixed-use asset sells for $68 million – Commercial Property Executive

210, boul. of the University A joint venture between Corum Real Estate Group and Koch Real Estate Investments completed its $67.7 million acquisition of 210 University, a nine-story, 140,000 square foot office and retail building located at 210 University Blvd. in Denver, Colorado. A JLL The Capital Markets team marketed the property on behalf of […]

Residential propety

1,228 final deeds of sale of residential properties signed in August

In August 2022, the number of final deeds of sale relating to residential property stood at 1,228, a 5% increase on those recorded a year earlier, the Office for National Statistics (ONS) said. ). “The value of these acts amounted to 280.1 million euros, or 13.1% more than the corresponding value recorded in August 2021. […]

Residential propety

Dayton adopts residential rental permit and safety inspection program

The Dayton City Council unanimously passed an ordinance to adopt a residential rental property inspection program at its Sept. 6 meeting. The program is designed to be complaint-driven and includes proactive code enforcement inspections every six months. It will enter into force on January 1, 2023. Prior to this ordinance, the city did not have […]

Residential propety

Brookfield provides $272.5 million loan for residential conversion project at 160 Water Street in Manhattan’s Financial District

160 Water Street in Manhattan’s Financial District – Photo by John W. Cahill for CTBUH By: Sebastien Morris 07:00 September 11, 2022 Brookfield Real Estate Financial Partners has provided a $272.5 million construction loan for a major office-to-residential conversion project at 160 Water Street in Manhattan’s Financial District. The 530,000 square foot building will eventually […]

Residential propety

#Real Estate: How to terminate a residential lease safely

If you’re thinking of ending your lease a little earlier than expected, read on. A residential lease contract is a rental contract between a landlord and the tenant of the property. Although ending a rental agreement is possible, it can be costly if you don’t follow the correct procedures. Here are some tips from Seeff […]

Residential propety

Tax issue: capital gains from the joint development of residential land

My wife bought residential land in 2010 for ₹10.50 lakh. In 2020, she reached an agreement with a builder for the construction of a 16-unit apartment. Of the 16 apartments, eight apartments were allocated to him as the landowner’s share. The total sale value of these 8 apartments is around ₹4 crore. Can she buy […]

Industrial property

Thor Equities buys third industrial property in New Jersey

Joseph Sitt of Thor Equities (Joseph Sitt, Getty) Thor Equities continued its foray into the New Jersey industrial real estate market with its third purchase in the state this year, a 330,000 square foot property in Passaic. Joe Sitt’s company has purchased the 153 Linden Street warehouse for $52 million, the company announced Friday. Waitex […]

Residential propety

Glen Oaks association fights proposal for high-density residential units

A group that says it represents several housing estates is opposing a proposal to allow 350 high-density residential units on the south side of Mickens Road, west of Joor Road. Proposed changes to the concept plan for the 162-acre site would allow for a total of nearly 900 residences while reducing potential commercial uses, which […]

Residential propety

County Looking at Two TIF Residential Districts – InkFreeNews.com

By Lea SanderInkFreeNews WARSAW – The process is moving forward to establish two funding districts for residential tax increases in Kosciusko County. At its meeting on Thursday, September 8, the Kosciusko County Redevelopment Commission heard this news from Kosciusko Economic Development Corp. CEO Alan Tio. Tio said initial studies by Baker Tilly for proposed TIF […]

Commercial property

Lincoln Property, Kairoi Open $520 Million Austin Project – Commercial Property Executive

Waterline. Image courtesy of Atchain Lincoln Property Co. and Kairoi Residential recently opened Waterline, a mixed-use development that, at a planned height of 1,022 feet, will hold the distinction of being the tallest tower in the state of Texas. The 2.7 million square foot project will include, among other offerings, a whopping 700,000 square feet […]

Commercial property

Prescriptive Capital JV for the construction of a medical office project in Texas – Commercial Property Manager

Construction is expected to begin in December 2022. Rendering of the Creekside Medical Office. Image courtesy of Prescriptive Capital Normative capitalin collaboration with healthcare developers Saber Street and CBK Interestsplans to develop a three-story, 45,000 square foot medical office building in the village of The Woodlands in Creekside Park, Texas. Arch-Con Corporation will serve as […]

Residential propety

North Longford residential farm goes under the hammer

Situated close to the village of Bunlahy and with amenities such as Lough Gowna and Derrycassen Woods within walking distance, a North Longford bungalow sale on 14 acres offers the opportunity to purchase the type of property that rarely comes on the market. market. Tucked away in a quiet country lane, just 200m from the […]

Residential propety

Vallejo alleges residential motel used in RoomKey project failed to produce tax records

VALLEJO –The City of Vallejo sued the owners of the Rodeway Inn last month, alleging that the motel owners failed to provide the city with information required to ensure the accuracy of taxes paid to the city. The lawsuit filed in Solano County Superior Court pits the city against a former partner, the operators of […]

Commercial property

Monday Properties Acquires Office Campus – Director of Commercial Real Estate

Park Plaza I and II are located in Rockville, Md. Park Plaza I. Image courtesy of CommercialEdge Monday Properties acquired Park Plaza I and II, a Class A office complex in Rockville, Md. The two-building property comprises 266,077 square feet and marks Maryland’s first addition to the company’s portfolio. american street was Monday Properties’ partner […]

Industrial property

BTB REIT Announces Acquisition of Class A Industrial Property in Edmonton, Alberta

MONTREAL, September 8, 2022 /CNW Telbec/ – BTB Real Estate Investment Trust (TSX: BTB.UN) (“BTB“or the”REITs“) announces the acquisition of an industrial building located at 8743 50 Avenue NW in Edmonton, AB for full consideration of $15.75Mexcluding transaction costs and adjustments. About the acquisition 8743 50 Avenue NW, Edmonton AB (CNW Group/BTB Real Estate Investment […]

Commercial property

DH Property secures $77 million refi for Philadelphia logistics center – Commercial Property Executive

Walker & Dunlop arranged the loan for the newly built last mile facility. 9801 Blue Grass Road. Image courtesy of Walker & Dunlop Walker and Dunlop completed the $76.8 million refinancing of 9801 Blue Grass Road, a newly constructed 282,737 square foot last mile logistics facility in Philadelphia. Walker & Dunlop represented the developer and […]

Residential propety

Potential impact of zoning ordinances on single-family residential neighborhoods

Allan Herschlag lives in Concord. Recently, two opinion pieces in the Monitor on Zoning Based on the City’s Proposed Form (to replace and update our current zoning ordinances) has taken opposing positions in discussing its potential impact on single-family residential neighborhoods. The former said, “As proposed, the new zoning ordinance abolishes single-family residential neighborhoods and […]

Industrial property

Developers are getting positive in the IP market

PETALING JAYA: Although the issues of labor shortages and rising building material prices are easing, further interest rate hikes and political uncertainties could affect buyers’ interest and remain concerns. major risks for the real estate sector. The research unit of the Malayan Banking Investment Bank (Maybank IB) said so in a real estate sector update, […]

Residential propety

McKinney City Council approves proposed residential and commercial uses on approximately 10 acres

McKinney City Council unanimously approved a project that would bring townhouses and commercial space to the southern part of town at a September 6 meeting. The land is located at the northwest corner of Silverado Trail and McKinney Ranch Parkway. David Kalhoefer of Peloton Land Solutions submitted an application on behalf of the applicant to […]

Commercial property

Prudential Sells Jacksonville Tower – Commercial Property Manager

701, boul. Saint Mark. The Prudential Insurance Co. of America completed the sale of 701 San Marco, a 19-story Class A office tower located at 701 San Marco Blvd. in Jacksonville, Florida. Bradford Allen Investment Advisors purchased the property for an undisclosed amount. A JLL The Capital Markets team represented Prudential in the transaction. 701 […]

Commercial property

Main markets for office transactions in the first half of 2022 – Commercial Property Executive

Office market volatility following the global health crisis has eased somewhat in 2022, while investor confidence is stabilizing. Hybrid work models have reduced demand for traditional office space and in stabilized gateway cities the development pipeline has gradually narrowed, slowly shaping the next phase of the sector. In the first half of 2022, domestic office […]

Commercial property

12th St. Austin, Texas home listed as commercial property, city says area won’t turn into Rainey Street

AUSTIN (KXAN) — There’s a proposal circulating through City Council that seeks to revitalize a stretch of 11th and 12th Streets east of I-35. It’s called the Urban Renewal Project, and its goal is to restore the black cultural district, according to a spokesperson for council member Natasha Harper-Madison, whose district includes the area. The […]

Residential propety

Tricap Residential Group Hires Experienced Multi-Family Leader

Nicole Criger from Tricap Residential Group Role of sales manager filled with strategic manager CHICAGO, Illinois, USA, Sept. 6, 2022 /EINPresswire.com/ — Tricap Residential Group has officially announced the addition of Nicole Criger as Director of Sales. Nicole oversees the sales vision, initiatives and management of nine sales managers, 25 communities in seven markets and […]

Residential propety

Residential Deer Killing Puts Public Safety at Risk

Four Medina City Council Democrats betrayed their constituents by backing an overly broad deer hunting ordinance that prioritizes property interests over public safety. On September 12, the council appears poised to pass the ordinance, which would introduce deadly force into residential neighborhoods by allowing bowhunting on residential lots, no matter how small and no matter […]

Commercial property

Swig Co. Purchases Office Asset in West Los Angeles – Director of Commercial Real Estate

3130 Wilshire Blvd. Image courtesy of Newmark The Swig Co. of San Francisco has purchased 3130 Wilshire Blvd., a six-story, 96,085-square-foot office building in the Santa Monica submarket in West Los Angeles. Newmark represented the undisclosed seller. According to CommercialEdge, the previous owner of the property is Kilroy Realty. 3130 Wilshire has five levels of […]

Residential propety

Residential vacancy declines in H2

Catherine Talavera – The Filipino Star September 6, 2022 | 00:00 MANILA, Philippines – The vacancy rate in Metro Manila’s residential market is expected to decline further in the second half of the year, mainly due to employees returning to the office and a lack of additional new offerings, according to a real estate services […]

Residential propety

Residential green spaces protect growing cities from climate change

Canada is a highly urbanized country, with over 80% of its people living in urban centres. The urban population is growing by more than 400,000 a year and these new city dwellers need housing. With affordable housing declining, there are strong calls to massively increase the number of homes being built. Unfortunately, conventional residential development […]

Commercial property

Still grounds for cautious optimism in commercial real estate – Euan Kelly

This was demonstrated by RICS’ recent edition of its commercial property survey, which found that respondents in Scotland said a net balance of +17% of respondents reported an increase in investment inquiries in the during the second quarter of 2022, compared to +29% in the first. In the UK, 43% of respondents said they believed […]

Residential propety

Tariff of residential houses with sharply rising energy costs

In some cases, the cost of energy exceeds 100% in certain regions between last year and today. This spike in energy costs, experts say, is due to changes in energy policy, lack of proper metering, a highly inflationary environment, illiquidity issues, dilapidated power supply infrastructure, motors of supply, lack of market orientation, foreign exchange constraints […]

Commercial property

Artemis’ Chudgar on CRE Market Changes and Market Evolution – Commercial Property Executive

After spending several years of her career in various companies, Anar Chudgar was looking for her next company to value diversity. In 2019, she landed at Artemis Real Estate Partners—an investment management firm founded by two women in 2009—and now serves as its co-chair, while serving on the firm’s investment committee and leading its Income […]

Commercial property

Commercial property in Howell has Route 9 frontage

HOWELL, NJ – This Howell commercial site on Route 9 is a mixed-use building, with nearly 3,900 square feet of usable space. Address: 2879 Route 9, Howell, NJ Price: $649,999 Square feet: 3,898 Ad Description: Welcome to 2879 US Highway 9 in Howell, NJ. This versatile building offers nearly 3,900 square feet of usable space. […]

Residential propety

Breen Ouellette: Residential Tenancy Act vacancy loophole is decimating Vancouver’s demographic diversity

By Breen Ouellette This week, the City of Vancouver announced it would appeal the decision of British Columbia Supreme Court Justice Karen Douglas to strike down the city’s vacancy control bylaw. The settlement was challenged in court by two single occupancy hotel owners (SRO). In addition to overturning the vacancy control by-law, Judge Douglas ordered […]

Residential propety

Private residential construction spending falls in July

Adobe Stock/tarajane Private residential construction fell for the second month in a row as rising mortgage rates and high construction costs dampened the market, according to the NAHB. While private residential construction fell 1.5% in July, spending rose 14.1% year over year, according to an analysis of census construction spending data. The monthly declines were […]

Residential propety

Beachfront Residential Reuse Project Gets Water Allocation Extension – Monterey Herald

SEASIDE – Seaside City Council unanimously approved an extension of the water allocation for the Doctors Barracks residential reuse project at its meeting on Thursday, as the long-awaited redevelopment nears completion. its end. In August, Glover Enterprises, the developer of the residential reuse project, submitted a request for a one-year extension of the 14-acre-feet-per-year water […]

Commercial property

Invesco Group extends lease of 180 KSF offices in Houston – Commercial Property Executive

Eleven Greenway Plaza. image creditMabry Campbell Invesco Group Services Inc. has called Eleven Greenway Plaza on Houston’s Greenway Plaza office campus for more than four decades and the global investment management firm will continue to do so for the foreseeable future. Invesco recently renewed its commitment to the approximately 745,900 square foot tower, after signing […]

Commercial property

Rental construction sector picks up pace to help ease housing crisis

Melbourne also accounts for 72% of the 2,200 completions expected this year, with Sydney accounting for 13% and Brisbane a further 15%. Colliers BTR National Manager Robert Papaleo said the sector could play an important role in easing the expected crisis in housing supply as migration resumes. Data shows that starts of ‘built-to-sell’ apartments in […]

Commercial property

A Glimpse of New York’s Booming Coworking Scene – Commercial Property Executive

The New Work Project coworking space. Image courtesy of The New Work Project The coworking segment seems to be flourishing again, mainly due to new ways of working in the office but also due to the growing demand for a more balanced work-life dynamic. Additionally, more landlords are considering diversifying their portfolios and taking a […]

Residential propety

Henry Boot discusses the sale of residential land in Tonbridge

Henry Boot’s land development and development firm Hallam Land Management (HLM) announces it has swapped over the sale of a 125-plot site in Tonbridge, Kent, to national builder Cala Homes . Located north of Lower Haysden Lane in Tonbridge, the 26-acre site was originally optioned by HLM alongside MJ Gleeson PLC in 2004, with full […]

Commercial property

San Diego project secures $35 million in financing – Commercial Property Executive

Brown Field Technology Center Park. Image courtesy of Murphy Development Company Murphy Development Co. landed a $35.4 million construction loan for Phase II of its Brown Field technology park in San Diego’s Otay Mesa submarket. The development will include two Class A industrial buildings totaling 203,244 square feet. JLL Capital Markets arranged the financing, a […]

Residential propety

The National Housing Bank publishes the residential price index

The National Housing Bank released its “NHB RESIDEX” for the quarter ended June 2022, which showed that the three major cities of Telangana and Andhra Pradesh – Hyderabad – 11.5%, Vizag – 6.7% and Vijayawada – 3.0% – saw significant improvement in the index on a yearly basis. The Housing Price Index (HPI) tracks residential […]

Commercial property

Real estate company launches commercial property

A real estate company particularly concerned with world-class property development, Veritasi Homes, has launched commercial properties in Ibeju-Lekki called Itunu City. A statement made throughout the project, Veritasi Homes seeks to place a high value on creativity and productivity in a work environment. He added that he seeks to be a place where landscape, design […]

Commercial property

The CRE Workforce of the Future – Commercial Property Executive

Launch of CREW Network’s 2022 Research Paper: Building the CRE Workforce of the Future Navigating through a pandemic, commercial real estate companies are scrambling to restructure the new normal. Amid the ambiguities of working from home, a potential recession, supply chain issues and the search for talent, the CRE industry is undergoing fundamental changes. CREW […]