Residential Real Estate News - Residential Real Estate News Headlines |

    Purchase of $11M mansion tied to financial executive (photos)
    A waterfront mansion in Palm Beach was acquired for $10.52 million by a company tied to a former executive of global financial firm Guggenheim Partners. NLW Palm Beach LLC, managed by Catherine J. Shaw in Aventura, sold the 6,762-square-foot home at 1284 N. Lake Way to ULLA LLC. The buyer?s registration form in Florida records list the contact as Steve Johnson of Guggenheim Partners, one of the financial firm?s longtime executives. Johnson partnered with Mark Walter to co-found both Guggenheim?

    Deals & Dealmakers: Builder plans to buy 1,000 homesites in Aurora; 916-unit Loveland community in the works
    A developer also recently acquired the last piece in a three-parcel portfolio in the Golden Triangle.

    Cobalt makes major changes to $132M West Allis redevelopment, will use mass timber
    Cobalt Partners revised its plans for a $132 million redevelopment of South 70th Street in West Allis where a former Allis-Chalmers building will be razed for a hotel and two mass timber structured offices. The new plan is bigger, with a different mix of new buildings than the Milwaukee developer first announced in April 2018 when unveiling its intent to transform 23 acres along 70th Street. Recently renamed Allis Yards, the project would create an urban mix of uses, including offices, housing and?

    Report: Tampa among top cities where renters are looking to move
    A recent report from Apartment List, a San Francisco-based online rental marketplace, shows cities where the most users are looking for apartments, and Tampa ranked among the top. The report, which is based on Apartment List user searches between June 1, 2019 and Dec. 31, 2019, found Tampa was the fourth most searched city. Forty-four percent of metro searches, tracked by users' IP addresses or the user?s listed location, were for apartments in Tampa. Denver, Baltimore and San Diego were the?

    Hottest 'Hoods 2019: These 50 Portland-area ZIP codes had outstanding real estate activity last year
    Portland real estate activity last year was a mixed bag, though sales remained brisk in some areas. Home sales in 103 ZIP codes in Clackamas, Clark (Wash.), Multnomah and Washington counties dipped -0.2 percent to 36,154 total homes sold. The median time it took to sell a house took almost three days longer than in 2018, creeping up to 19.4 days on average across those ZIP codes. However, median prices continued to rise in most neighborhoods, reaching $425,867 on average, a 2.5 percent. Click?

    Solid home sales at The Grove Frisco spur community?s 2nd phase
    The Grove Frisco, a 735-acre masterplanned community, hit its sales goals for 2019, propelling the development into a second phase as the broader Frisco housing market continues to recover from a slump.

    Milwaukee-area homebuyers saw double-digit price increases in 2019
    The median home price in metropolitan Milwaukee increased by double digits in 2019 relative to 2018, according to year-over-year data provided by the Wisconsin Realtors Association. The median price in 2019 for the southeast Wisconsin region was $214,000, a 9.7% increase from 2018 when the median prices was $195,000. Statewide, median prices rose 7.3% to $197,500 in 2019, the highest annual median price in Wisconsin since the WRA began collecting data in 2007. Specifically, prices increased?

    Small, convenient apartment community sells for $7.25 million
    New owner plans to make improvements to increase the value.

    Waterfront condo in Palm Beach County sells for $12M
    Six units in the condo building have sold for more than $10 million since Dec. 1.

    Price cut to $220M for T. Boone Pickens? Texas ranch
    Brokers selling the late T. Boone Pickens? massive Mesa Vista Ranch in the Texas Panhandle have cut the price to $220 million, according to a report in the Dallas Morning News. That?s down from $250 million when Pickens put the 65,000-acre property near Pampa on the market in 2017. The energy tycoon, investor and philanthropist started acquiring the property in 1971 with an almost 3,000-acre purchase along the south side of the Canadian River in Roberts County, the Morning News reported. Pickens?