Month: April 2018

Bill passes to up withholding on sales of Hawaii property by nonresidents

HARPTA applies to sales by nonresident individuals and corporations. Source: http://feeds.bizjournals.com/industry_21

ISG takes over sales at Brickell City Centre from Fortune and One Sotheby’s

From left: Mayi de la Vega, Walter Defortuna, and Craig Studnicky with Brickell City Centre ISG is taking over the remaining condo sales at Brickell City Centre on Tuesday from Fortune International Realty and One Sotheby’s International Realty, The Real Deal has learned. Swire Properties had issued a request for proposals for one brokerage to …

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Shorenstein breaks ground on transformational project on edge of gritty Tenderloin

Shorenstein’s 304 apartments is one of several large new housing developments that could bring thousands of residents to the rapidly changing neighborhood that straddles the Tenderloin and Mid-Market. Source: http://feeds.bizjournals.com/industry_21

Four development sites nearing sale in resolution of SEC case against owner

Buyers have been arranged for properties in West Sacramento, Citrus Heights, Carmichael and Lincoln, according to court filings in the Securities and Exchange Commission’s fraud case against the properties’ owner. Source: http://feeds.bizjournals.com/industry_21

Singaporean investment group pays $61.5M for industrial buildings in South Florida

Mapletree Investments CEO Hiew Yoon Khong and the inside of a warehouse (Credit: Wikimedia Commons) A Singaporean investment group just paid $61.5 million for a bundle of industrial buildings throughout South Florida as part of a national portfolio sale. Mapletree Investments purchased two buildings in Boca Raton, seven in Tamarac, one in Weston and one …

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Photos: Would you buy this $5 million estate in Marin County after a half million dollar price cut?

For prospective buyers looking for a slice of East Coast design in one the most exclusive communities in the West, this shingle-style home on the market wouldn’t look out of place among the historical cottages in the Hamptons. Located in the tony enclave of Ross in Marin County, the 3,600-square-foot property offers comfort and privacy …

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How $1B The Grow agrihood project is blossoming after being delayed

The Grow, a proposed 1,200-acre agrihood community, is moving forward with plans after a major win from the state. Source: http://feeds.bizjournals.com/industry_21

Would you buy this $5 million estate in Ross after a half million dollar price cut?

For prospective buyers looking for a slice of East Coast design in one the most exclusive communities in the West, this shingle-style home on the market wouldn’t look out of place among the historical cottages in the Hamptons. Located in the tony enclave of Ross in Marin County, the 3,600-square-foot property offers comfort and privacy …

Read More “Would you buy this $5 million estate in Ross after a half million dollar price cut?”

Hannity portfolio draws attention to rampant LLC use

Sean Hannity and Uncle Sam (Credit: Getty Images, Public Domain Images, Wikimedia Commons) The revelation that Sean Hannity quietly amassed a significant real estate portfolio has drawn attention to the vehicle that’s become a fixture in such transactions: limited liability companies. Hannity used multiple LLCs to purchase at least 877 residential units across Alabama, Florida, …

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KC's Mark Twain Tower goes into foreclosure, awaits auction

A brochure circulated by Dallas-based Holliday Fenoglio Fowler LP announces a June 5 auction during which it will sell an “indirect interest” in the $11.9 million balance owed on the historic, 22-story building. Source: http://feeds.bizjournals.com/industry_21

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