US average mortgage rates fall; 30-year at 4.51 percent
U.S. long-term mortgage rates fell this week, starting the year with an inducement to prospective homebuyers.
U.S. long-term mortgage rates fell this week, starting the year with an inducement to prospective homebuyers.
Erin Edgemon has been hired to cover real estate at Austin Business Journal. Most recently, she spent six years as a reporter in Birmingham, Ala., for Alabama Media Group, which owns The Birmingham News, The Huntsville Times and other media outlets. She also spent about a decade as a journalist in Tennessee, including as the … Read more
The estimated project cost is still fluid, but could be about $1 billion.
A company interested in 1.5 million square feet of warehouse space has submitted a Request for Proposals to Cecil Commerce Center developer Hillwood
We have updated our original gallery with shots from the best rooms in the Omni and other new hotels.
Small business hiring surged at year-end, with payroll company ADP counting 89,000 new jobs at its small business customers.
The past year felt dismal for investors. Even worse, the gloom was all-encompassing.
This roundup of business news from throughout Central Florida includes a land buy, large leases, new homes headed to Oakland and more.
Here are several briefs covering recent real estates transactions. 29,000SF Novacart, a manufacturer of paper baking products, leased 29,000 square feet at 540 Glen Ave. in Moorestown, N.J. The company plans to use the space as a warehouse-distribution center. Sean Durkin of Roddy Inc. represented the tenant while Fred Meyer of NAI Mertz represented the … Read more
The property, originally built in the early 1900s, is home to more than 50 companies, including Fran’s Chocolates, REI and Elysian Brewing Co.
We left off in late 2018 looking back at the predictions we’d made for that year, and giving ourself a pretty well-reasoned four out of five correct. That’s only a B- in school, but a heck of a batting night for a Major League Baseball player, and who doesn’t like baseball better than school? Those … Read more
The property at 73-4776 Kanalani St. is comprised of two buildings totaling 25,488 square feet of warehouse space.
Opportunity Zones, baseball, affordable housing and more will be on the radar in 2019.
Andy Loughnane will be a paramount contact for the business community and decision maker as the team makes inroads with companies that may want to help build a stadium, strike alliances with the team, or sponsor jerseys and the stadium itself.
Restoration work on the main concourse at the Buffalo landmark could start later this year.
Heading into 2019, it might not look like a lot is happening at the corner of Main and Stewart streets at the former Montgomery County Fairgrounds. But Premier Health and University of Dayton will be securing financing in 2019 for the massive project, known as “onMain: Dayton’s Imagination District.” Infrastructure investments alone will need $17 million … Read more
Matrix and Envision have contracted to buy the 209-acre golf course at 1176 Limekiln Pike in Horsham from a partnership that owns the golf club.
American factories grew last month at the slowest pace in more than two years, with some manufacturers complaining about the impact of President Donald Trump’s contentious trade policies.
Japanese shares tumbled and Shanghai’s benchmark surged Friday as Asian markets steadied following a technology-led sell-off on Wall Street.
A new owner could help fill vacancies at University Place in Chapel Hill.
The family-owned chain of casual restaurants is scouting for its next location.
Archer & Buchanan Architecture named its first new partner since the founding of the firm in 1996. Michele L. W. Thackrah joins Peter C. Archer and Richard D. Buchanan. Thackrah spoke about her interest in architecture, what the new position means and where the West Chester-based firm is headed.
Sales of industrial properties have been “off the charts” as investors try to capitalize on the rise of e-commerce.
A Birmingham-based contractor completed work on a large health care project in Florida. Doster Construction said it finished South Hillsborough VA Primary Care Clinic in Riverview, Florida, which will serve approximately 10,000 veterans. “We were excited to be a part of this team and deliver a state-of-the-art health care facility for veterans in the South … Read more
The Birmingham City Council this week considered resolutions relating to two big real estate developments. A public hearing on Jan. 29 will include changing zoning for the site tapped to become a large student housing development near Bakers Row on the west side of Railroad Park. Birmingham’s Corporate Realty gained Design Review Committee approval for … Read more
There are some familiar names in the site plan application, which was submitted Dec. 19 to the city of Austin. Of course, the application for the 126.7-acre site has no mention of Apple, but that’s standard operating procedure for the technology giant, which likes to keep a low profile with its real estate deals.
The Latest on sales at Apple Inc., which issued a rare cut to its revenue forecast citing weakness in China (all times local):
A dozen developers have been chosen by the Dallas Housing Authority to help reinvigorate residential properties across the city. As reported by the Dallas Morning News, the city’s public housing authority announced in June that it was seeking proposals from developers for new uses for seven mixed-use and multifamily properties, located mainly in South and … Read more
A tenant has already lined up for this new building.
World Market is closing one of its Nashville-area locations. The Tennessean reports that the retailer, which focuses on home goods and international food, will close its Hendersonville location on Jan. 26. The store is located at 1006 Andrews Run. A spokesperson told The Tennessean that the chain’s location in the Nashville West shopping center will … Read more
The announcement of Memphis’ Opportunity Zones this past summer was a significant setback for Maclin and Loeb’s Broad Avenue apartments.
Goodlettsville’s RiverGate Mall is losing one of its anchor stores. Nashville Post reports that Sears will close in March. It is currently the storied chain’s last full-service store in Davidson County, the Post notes. Sears filed for bankruptcy in October. The mall’s remaining anchor stores are Dillard’s, Macy’s and J.C. Penney.
D.C.-based restaurant chain Matchbox will open in Bethesda Row this summer. The chain said Wednesday it is moving into a 3,000-square-foot space in the Federal Realty Investment Trust (NYSE: FRT) development that was formerly home to American Tap Room, a Thompson Hospitality Corp. concept. Reston-based Thompson acquired a stake in Matchbox Food Group in July, … Read more
Stephen Frenz, the Minneapolis landlord who has clashed repeatedly with tenants and local officials over conditions at his apartments, is now facing a criminal criminal charge of perjury related to one of those earlier legal battles. The Star Tribune reports on the criminal complaint filed Wednesday by Hennepin County Attorney Mike Freeman that claimed that … Read more
U.S. businesses added a robust 271,000 jobs in December, according to a private survey.
The interactive map tracks nearly 200 developments.
The expansion will allow the company to consolidate operations in Mesa.
This is Lennar’s second apartment complex in this area.
“I think through NAI, I have a much greater chance to grow and enjoy the growth here in Central Florida.”
The vegetarian customer at The Refinery had an unusual request: a side of ranch dressing to go with the steak they ate once a year. It was about six months after the Seminole Heights restaurant had opened, and “substitutions will be politely declined” was printed on its ever-changing menus. But the customer persisted, arguing with … Read more
The property would be redeveloped with residential and commercial space.
An LLC controlled by Joy Shavitz of Greensboro has purchased the Starbucks at Battleground Village, 2969 Battleground Avenue in Greensboro, for $1.82 million.
Bristol-Myers Squibb is spending $74 billion on fellow drugmaker Celgene in a deal aimed at stocking the combined company’s development pipeline with cancer, immunology and cardiovascular treatments.
Apple’s $1,000 iPhone is a tough sell to consumers in China unnerved by an economic slump and the trade war with the U.S.
Hotel developers, a convenience store chain and the region’s largest electrical contractor are among those who have purchased land near Exit 18 of the Northway over the past five years.
The Troy-based non-profit oversees 54 community gardens in the region, providing seeds, plants, education and other resources to people who live in the neighborhoods.
Mixed-use plans in works for former Frey the Wheelman site.
No fewer than three former Triad mills are slated to become apartments in 2019.
Authorities in Germany and the Netherlands were searching Thursday for up to 270 shipping containers lost at sea by a cargo ship caught in a storm, saying that a few of them are carrying hazardous material. A bag of the substance washed ashore on a Dutch island.
The hulking remains of a cargo ship rise up through the water, listing to one side with a rusting hull exposed, its glory days of sailing the world’s seas and oceans long gone.