In the minds of most Californians, accessory dwelling units — ADUs, short — bring to mind words like “small,” “subtle” and “cute.” None of which describe the side-by-side ADU duplexes on E Street. Perched at the edge of San Diego’s desirable Golden Hill neighborhood, there’s nothing dainty or diminutive about these three-story structures. “Backyard cottage” […]
Humboldt Land Title and Fidelity National Title Humboldt, located in the former Times-Standard building on Sixth Street in Eureka, are the only title companies left in the county. Both are owned by Fidelity National Title. | Photo by Andrew Goff. ### Virtually all local real estate transactions have been indefinitely delayed since last Tuesday thanks […]
The dreaded Z word. As agents, we have a love-hate relationship with Zillow. Whether it’s the Zestimate or their lead gen, we all have strong opinions. Check out the comments section on any real estate platform and you’re sure to understand what I mean. In this article, we’ll explore this hugely popular real estate lead […]
A Chicago-based builder that expanded to North Texas this year is opening four new home communities. William Ryan Homes, which builds houses priced from the $330,000s to $650,000s, announced its plans to return to the Dallas-Fort Worth market this summer after departing for some time. Founded in 1992, the company has built more than 15,000 […]
A Chicago-based builder that expanded to North Texas this year is opening four new home communities. William Ryan Homes, which builds houses priced from the $330,000s to $650,000s, announced its plans to return to the Dallas-Fort Worth market this summer after departing for some time. Founded in 1992, the company has built more than 15,000 […]
Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman […]
IWG, a provider of hybrid working solutions with brands including Spaces and Regus, recently announced 21 new state-of-the-art flexible workspace centers across Illinois, primarily in the Chicago metropolitan area. The centers will provide private offices, meeting rooms and co-working spaces. The move to open more spaces in addition to IWG’s 64 existing locations throughout the state is […]
TruCore Investments, a commercial real estate investment company headquartered in Tulsa, Oklahoma, has acquired a two-building, 77,845-square-foot campus within Ellyson Industrial Park in Pensacola, Florida. This acquisition in Pensacola is aligned with our bespoke investment strategy in the Class B Industrial sector,” said Zach Harris, TruCore Investments managing director and partner. Completed in 1996 and […]
SAN DIEGO, Nov. 28, 2023 /PRNewswire/ — Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of a public offering of £300 million of 5.750% senior unsecured notes due December 5, 2031 (the “2031 notes”), and £450 million of 6.000% senior unsecured notes due December 5, 2039 (the “2039 […]
Miriam Adelson, the largest shareholder of Las Vegas Sands, is selling $2 billion worth of company stock. The company said in a filing that Adelson would use proceeds to buy a sports team. It’s not clear which team, sport or city Adelson would target, although Las Vegas has become a sports mecca in recent years. […]
Charlie Munger made a fortune on his own before becoming vice chairman of Warren Buffett’s Berkshire Hathaway. He also was a real estate attorney, philanthropist and architect. “We think so much alike that it’s spooky,” Buffett once said of Munger. Billionaire Charlie Munger, the investing sage who made a fortune even before he became Warren […]
Chicago – Global law firm K&L Gates LLP welcomes Kevin Gustafson as a partner in the Asset Management and Investment Funds (AMIF) practice area. He joins the firm’s Chicago office closely following the arrival of ETF partner Hazel Doyle in Dublin last month. Gustafson brings more than three decades of experience in the financial and legal industries, including work in the areas of […]
A home in the U.K. that hosted Queen Victoria and the royal family has hit the market for £4.95 million (US$6.28 million). Fulmer Gardens House, in the village of Fulmer in Buckinghamshire, dates to the late 1800s. The 10.5-acre estate was the longtime home of Col. Sir Henry Charles Legge, who was King Edward VII’s […]
News Briefs New Single-Family Home Sales Fell in the U.S. Last Month Sales of newly built single-family homes fell more than expected across the U.S. in October, as higher mortgage rates pushed many would-be buyers out of the market, according to data from the Commerce Department. New-home sales dropped 5.6% to a seasonally adjusted annual […]
Office has become a four-letter word for many real estate lenders, and that sentiment is now bleeding into the healthcare sector. The sector has seen demand remain relatively stable in the wake of the pandemic, but the presence of office space within many healthcare properties is creating concern among some lenders who want to reduce their exposure to […]
In the ever-evolving world of commercial real estate, 2023 has brought about many challenges and opportunities. From inflationary pressures and sharp hikes in interest rates to an unprecedented slowdown in multifamily starts, the industry has been bracing for change. John Griggs Historically, major national and global events have profoundly affected the multifamily sector. From project […]
A newly sold home in Encinitas. REUTERS/Mike Blake Home prices in the San Diego were unchanged in September, but remained 6.5% higher than a year ago, according to the latest release of the authoritative Case-Shiller Index on Tuesday. The flatline in September followed a 0.6% increase in August and compared with declines in many cities, […]
Family offices now have more of their money invested in private markets than the public stock market — even as the market rallies. The new survey results underscore a sweeping shift in the investment practices of family offices, the private investing arms of families with assets typically of $100 million or more. Along with private […]