San Antonio Missions sold to real-estate developer, new ballpark core part of the plan – Ballpark Digest
The San Antonio Missions (Double-A; Texas League) are in the process of being sold to a local investment group led by real-estate developer Graham Weston for $29 million, with a new downtown ballpark in the mix. The sale and the sale price was passed along by sources close to the deal. The purchase is expected […]
Fed’s Rate Hikes Aren’t Bulldozing Commercial Real Estate— Yet. – Forbes
A Federal Reserve-induced recession could hurt commercial real estate property values and rents, and … [+] dramatically slow new construction. getty Wednesday’s announcement by the Federal Reserve of another ¾ point interest rate increase continues the central bank’s grim war with inflation. Higher rates are doing damage across the economy, which has never stabilized after […]
Real Estate Hall of Fame inducts 4 new members – Finance and Commerce
The Minnesota Real Estate Hall of Fame will induct four new members next week at the Golden Valley Country Club. Enter your user name and password in the fields above to gain access to the subscriber content on this site. Your subscription includes one set of login credentials for your exclusive use. Security features have […]
Zillow Group beats Q3 expectations but cautions that real estate outlook remains ‘challenged’ – GeekWire
Zillow Group CEO Rich Barton. (GeekWire File Photo / Kevin Lisota) Zillow Group beat its third quarter earnings expectations amid a slowdown in the overall housing market and rising interest rates brought on by inflation. Revenue fell year-over-year in the company’s Premier Agent and mortgages businesses but exceeded guidance ranges. The Seattle real estate giant […]
Opendoor lays off 550 employees amid ‘challenging’ real estate market – USA TODAY
Online real estate company Opendoor is cutting roughly 18% of its staff as rising interest rates plunge the U.S. housing market into turmoil. Opendoor chief executive and co-founder Eric Wu announced the layoffs in a Wednesday blog post, noting that about 550 employees would be affected. The company had already scaled back over 830 positions earlier […]
Nicola Wealth Real Estate & CanTex Capital partner in the repositioning of an in-fill industrial asset in Dallas – Yahoo Finance
The partnership has acquired four industrial buildings and the adjacent seven land parcels with plans to deliver premier multi-tenant light-industrial product to the coveted Brookhollow submarket. Conceptual Rendering of Century Park, Dallas Nicola Wealth Real Estate & CanTex Capital partner in repositioning of Dallas in-fill industrial asset. Dallas, TX, Nov. 02, 2022 (GLOBE NEWSWIRE) — […]
Real estate developer, local photographer highlight faces behind new future for historic downtown Bath building – Press Herald
Real estate developer, co-owner and lead contractor Sean Ireland shows portraits of his contracting team. Maria Skillings / The Times Record As real estate developer Sean Ireland renovates the historic 1930s Grant Building in downtown Bath into a mixed-use space for workers, artists and residents, he has teamed up with photographer Joshua Langlais to document […]
The Real Estate Markets Seeing The Biggest Downturns In Home Prices And Property Values – Yahoo Finance
The only bad thing about the best parties is that no matter how good they were, the good times can’t go on forever. Investing is always cyclical and even investments like real estate which have performed over time will have bad cycles. It certainly appears as if the Federal Reserve’s decision to raise interest rates […]
Martha’s Vineyard News | Recent Real Estate Transactions: Week Ending Oct. 28 – The Vineyard Gazette – Martha’s Vineyard News
Edgartown Mary Mattson Kenworthy, Michael T. Hresko and Ellen M. Gravallese purchased 12 Norton street in Edgartown from Mary Patricia Rohman for $3,900,005 on Oct. 24. AOA Destinations LLC purchased 15 Beach Plum Meadows in Edgartown from Timothy M. Bowe and Elaine F. Bowe for $4,750,000 on Oct. 24. Generations Park LLC purchased 9 Ocean […]
Medical office sector maintains high demand as other commercial real estate sectors struggle – Medical Economics
Despite commercial real estate challenges that started during the pandemic, the medical office sector remains one of the most resilient and a favorite for investors, according to JLL’s Healthcare and Medical Office Perspective report. Absorption has outpaced new supply and occupancy has remained consistently high above 90% for twenty years, aided now by construction delays […]
