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Filed Under:Business & Finance / Real Estate
Posts on Regator:2250
Posts / Week:6.2
Archived Since:December 12, 2008

Blog Post Archive

Silicon Valley Offices Prove Profitable: ‘When It’s Good, It’s Very Good’

West Coast landlord Bixby Land Co. has sold a San Jose office park to MetLife for $96 million, according to Bixby, netting a tidy return for the Irvine, Calif., company.

San Francisco Rejects, Luxury Housing Moratorium

San Francisco leaders failed to pass a 45-day moratorium on luxury housing on Tuesday.

San Francisco to Vote on Luxury Housing Moratorium

In a move that underscores the tension in cities around the country around luxury rental project, San Francisco leaders are set to vote Tuesday on a 45-day moratorium on market-rate housing production in the trendy Mission District.

New Lift For New-Home Prices

Prices of newly built homes are on the rise again, illustrating that home builders are grappling with the same supply-and-demand problems bedeviling the existing home market.

Hispanics to Drive Housing Demand in Coming Decades, But Obstacles Persist

Hispanic homeowners make up a huge portion of future housing demand in the country. The problem is that many can’t afford to buy homes, a new report says.

Venture Makes Bet on 1,004-Room Hotel In Orlando

A venture of two investment firms is making a contrarian bet on full-service hotels, acquiring a 1,004-room hotel in Orlando at a time when investors have been shying away from this segment of the market.

Loans For Builders Not Quite Keeping Pace

Data released Wednesday by the Federal Deposit Insurance Co. shows that the outstanding balance of construction loans issued by FDIC-backed institutions stood at $246.1 billion in the first quarter, a nearly 3.2% increase from the previous quarter.

Housing Bubble? Despite Rising Prices, Most Economists Still Say No

The S&P/Case-Shiller Home Price Index released on Tuesday was the latest report to show a relentless rise in housing prices, causing some economists to ask: Is another bubble forming?

KKR and Gulf Bay Team Up To Develop Prime Site in Naples, Fla.

Private equity giant KKR is joining forces with a Florida developer to develop a luxury condominium project on a prime site in Naples, Fla.

More Builders See First-Time Home Buyers Returning

Home builders speaking this week at J.P. Morgan Chase & Co.’s Homebuilding & Building Products Conference in New York reported that they’ve seen more activity from first-time and entry-level buyers of late.

With Calatrava, Port Authority Struggles With Another Top Architect

The woes of the project have had another effect: straining the relationship between a top architect and his client, the Port Authority of New York and New Jersey, which has sparred with another famous architect at the site.

An About-Face for McMansions

The median size of a home built in the U.S. in the first quarter registered 2,521 square feet, up 76 square feet, or 3%, from the fourth quarter, according to Commerce Department data released Tuesday. It was the first increase for that...Show More Summary

Minimum Wage in U.S. Cities Not Enough to Afford Rent, Report Says

Around the country, renter households would need to make $19.35 an hour working full time to afford a two-bedroom unit, which is $4 more than the estimated average wage of U.S. workers, according to the report released on Tuesday by the National Low Income Housing Coalition.

Home Sales to Hit Highest Level Since 2006, Realtor Group Says

Existing homes sales this year are expected to hit levels not seen since just after the peak, in 2006, driven by strong job growth, low interest rates and a gradual loosening of lending standards, according to the National Association of Realtors.

Fannie Mae Neglects Properties in Minority Neighborhoods, Groups Say

Civil rights activists are accusing Fannie Mae of its inventory of foreclosed properties in working-class minority neighborhoods to deteriorate while it tends to those in more affluent areas.

Living the High Life? Extell Aspires to Build Most Expensive Tower Ever Sold

Extell Development, the company behind the Manhattan super-luxury condo tower One57, is gearing up for an even bigger and bolder tower it hopes to be the most expensive tower ever sold.

Survey: More Millennials Renting, But Just As Many Want To Own

A survey of millennials commissioned by the Urban Land Institute and released Wednesday found that half of the 1,270 respondents rent their homes. That’s up markedly from the results of a similar ULI survey in 2010, when 37% of respondents were renters. Show More Summary

SLS Hotel in Las Vegas Gets Relief In Refinancing Deal

The owners of the SLS Las Vegas hotel got some breathing room after refinancing debt on the property, which has been struggling to fill rooms and compete with other hotels on the Strip.

Prudential Raises Fifth Senior Housing Fund to the Tune of $629 Million

Prudential Real Estate Investors, an early institutional investor in senior housing, has closed its fifth and largest commingled fund that specializes in that business after raising $629 million.

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