Phoenix Business Journal

Title: Residential Real Estate News - Residential Real Estate News Headlines |
Description: Residential Real Estate news
    Phoenix pays $500K for 20 parking spaces. Here's how it ties into a big new downtown development
    The Phoenix City Council approved a measure Wednesday to spend $500,000 to buy 20 parking spaces in downtown Phoenix. The deal is with real estate developer Hines Interests LP, according to city documents. ?The developer has proposed to develop the undeveloped pad at Colliers Center with a high-rise, multi-family residential rental project. The pad is located at the southeast corner of the Colliers Center, near the corner of 3rd Street and Jefferson Street,? according to city documents. We?

    Phoenix council approves controversial apartment development
    The Phoenix City Council voted 6-2 Wednesday to approve a contentious apartment development on Seventh Street. The council approved rezoning plans for Atlanta-based apartment developer Wood Partners to build the Alta Marlette multifamily complex with 229 units. That number of units was unveiled by Councilman Michael Nowakowski at the City Council meeting today surprising opponents of the project. Wood Partners previously proposed 245 units for the development on Seventh Street north of Bethany?

    Maui townhome project breaks ground after switching strategy for sales
    Construction is expected to start in the first quarter on the project, which will have 17 buildings with two- and three-bedroom mid-century modern townhomes designed by Honolulu-based G70.

    Mapped: Where San Jose building permits (and rents) are growing fastest
    The building boom and rent increases come ahead of Google's massive proposed campus in downtown San Jose.

    Former candidate for Governor sells Orono home whopping $8.2 million, biggest sale of 2017 (photos)
    A former Republican candidate for Minnesota governor has sold his Orono home for $8.2 million, the biggest sales price for a home in the Twin Cities in 2017. The home, built on a 2.5-acre lot, was previously listed for $9.5 million. The buyer's name is hidden behind an LLC, according to a state certificate of real estate value. The seller is listed as Scott M. Honour, a businessman who ran for governor in 2014. Honour listed the same street address with the Minnesota Campaign Finance and Public?

    A metro Denver county sees one of nation's highest rent increases
    Broomfield County saw one of the greatest increases in gross rent nationally, according to a recent study from the U.S. Census Bureau. Over a five year period, the study said that the increase was $312 ? from $1,105 to $1,417. To put that figure into perspective, the study found the nation overall saw a $21 increase in median gross rent. The data is accurate but not without caveats, said Mike Van Den Bosch, Broomfield County senior economic development specialist. He said that while the data?

    Apartment project near The Rim projected to cost more than $75 million
    The complex will include 384-units on 11.4 acres at the southwest corner of Worth and La Cantera Parkway.

    St. Louis' most popular 'celebrity' homes on the market in 2017
    Throughout 2017, the St. Louis Business Journal showcased homes on the market and ones that sold, and readers poured through many of these photos. Of the most popular homes sold to local "celebrities," these are the top 10, according to reader interest. Almost all the transactions included a St. Louis sports star, though a few involved executives. These homes ranged in price from less than $1 million to far more. Of the 10 most popular homes, four featured current or former players on the?

    Billionaires, ballplayers and country music stars: Who's buying and selling homes
    One of the best ways to monitor the state of local economies is to follow residential home sales. Given that keeping an eye on local markets is the business of The Business Journals, we take particular note when it's a veritable Who's Who of industry making plays in the residential real estate market. Across the most-recent month, we spotted homes being bought, marketed and sold by people like country music legend George Strait, billionaire T. Boone Pickens, Fox News political commentator Tucker?

    Memphis Habitat lands large grant for 20 new homes in 2018
    "Ya'll have some very lofty goals. ? There is no doubt Memphis Habitat is one of the most ambitious Habitat organizations in the country."