Month: September 2017

40 Under 40: Heaton Dainard co-founder James Dainard enjoys residential real estate's healthy competition (Video)

Dainard channeled his competitiveness during the company’s first few years as it weathered the Great Recession. Source: http://feeds.bizjournals.com/industry_21

Patti Payne's Cool Pads: Waterfront estate featured on HGTV's 'Million Dollar Rooms' listed for $2.85 million

A French Mediterranean waterfront mansion featured on HGTV’s Million Dollar Rooms is listed for $2.85 million, down from an earlier asking prices of $6 million. Randi Brazen with Brazen Sotheby’s International Realty in Bellevue has the Olympia listing. “It’s right on the point with 500 feet of sandy beach waterfront,” she says. “This is probably …

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Duke Realty scoops up industrial project in Fort Lauderdale

CEO of Duke Realty, James B. Connor, and rendering of Bridge Point I-95 (Credit: CBRE, Duke Realty) Indianapolis-based commercial real estate firm Duke Realty just paid $54.8 million for Bridge Point I-95, a 17.5-acre industrial project in Fort Lauderdale, property records show. The 306,500-square-foot complex at 2200 West Sunrise Boulevard traded for about $179 per …

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Fort Lauderdale condo inventory, sales up: ISG report

Fort Lauderdale (Credit: Wikimedia Commons) Most new condo projects in east Fort Lauderdale have made sales progress over the last year, a newly released report shows. Developers have sold nearly 800 units or 57 percent of the inventory of new development condos in Fort Lauderdale so far this cycle, according to RelatedISG’s Fall 2017 Miami …

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S&P 500, Nasdaq and Russell end third quarter with record highs (and this real estate stock was up big)

Wall Street closed the books on the third quarter with the S&P 500, Nasdaq and Russell 2000 all posting record highs. The S&P was up 9.3 points ending at 2,519.36. The Nasdaq gained 42 points and the Dow Jones Industrial Average was up 23.89 points ending at 22,405.09, according to Google Finance. The Dow and …

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Victory is ours — say both sides in the war surrounding Privé at Island Estates

Prive at Island Estates A judge granted partial ownership of the marina at Privé at Island Estates in Aventura to nearby homeowners, amid the tumultuous, years-long war pitting neighborhood residents against the developer of the condo project. Yet both sides declared victory in the ruling issued this week by Miami-Dade Circuit Judge William Thomas. The …

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Is Oakland's tech sector growing at a slower pace due to the housing crunch?

A new report suggests the tech boom in Oakland might be limited by the lack of available housing. Source: http://feeds.bizjournals.com/industry_21

Why new legislation probably won't fix California's housing crisis

This was supposed to be the year state legislators addressed a lack of housing in California. To some extent, they did. Source: http://feeds.bizjournals.com/industry_21

National Cheat Sheet: How the GOP’s tax plan could benefit developers, home prices rise as sales slow down & more

Clockwise from left: Secretary of the Treasury Steve Mnuchin, One Manhattan West and Civic Towers in Miami From TRD New York: Condo developers could benefit bigly from GOP tax reform A new tax plan proposed by secretary of the treasury Steve Mnuchin and GOP lawmakers might be a boon to Manhattan’s luxury condo developers. It …

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9Neighborhoods: This Colorado town is named after a castle on a hill (Photos)

On the very southern edge of metro Denver sits the community of Castle Rock — named after the castle-like rock formation perched on the mesa next to the town. The city is surrounded by both prairie grassland, rolling hills and forestland, giving it the perfect setting for its more than 50 miles of trails, 19 …

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