May 9, 2025 - 09:24
In a noteworthy transaction, a collection of apartments located near the newly established Clear Creek Crossing hospital has been sold for an impressive $97 million. This deal underscores the increasing demand for residential properties in proximity to healthcare facilities, as investors recognize the value of such locations in enhancing tenant appeal.
In addition to this major sale, the commercial real estate market has seen a flurry of activity with several new leases and property sales across various sectors. Retail spaces are particularly active, with numerous businesses seeking prime locations to capitalize on consumer foot traffic. Industrial properties are also experiencing a surge in interest, driven by the ongoing growth in e-commerce and logistics.
The overall commercial real estate landscape appears robust, with investors remaining optimistic about future opportunities. As urban development continues to evolve, these transactions reflect a dynamic market responding to both current demands and future growth potential.
June 15, 2025 - 01:59
Home Prices Expected to Rise in 2025, According to NAR ForecastThe National Association of Realtors (NAR) anticipates a 3% increase in home prices across the United States in 2025. This projected growth is largely attributed to a resurgence in housing sales...
June 14, 2025 - 02:38
Historic GE Headquarters in Fort Point Sold for $57 MillionBOSTON — The building in Boston’s Fort Point neighborhood that once served as General Electric’s temporary headquarters has been sold for just over $57 million. This transaction comes at a...
June 13, 2025 - 09:39
Will the New Tax on Non-Owner-Occupied Mansions Attract Celebrities to Rhode Island?As discussions intensify around the newly proposed tax on non-owner-occupied mansions, local real estate stakeholders are expressing concerns about its potential impact. Dubbed the `Taylor Swift...
June 12, 2025 - 21:48
California Attorney General Takes Action Against SoCal Landlord for Tenant ExploitationIn a significant legal move, California Attorney General Rob Bonta has initiated a lawsuit against prominent Southern California landlord Mike Nijjar. This action follows an extensive three-year...