Plan for Rufus Deering site includes nearly 300 housing units in downtown Portland

Artist's renderings for the 2.5-acre Commercial Street parcel being developed by Reger Dasco Properties show three six-story buildings. The application calls for more than 257,000 square feet of residential space built atop a parking garage that can accommodate 380 vehicles.Artist's renderings for the 2.5-acre Commercial Street parcel being developed by Reger Dasco Properties show three six-story buildings. The application calls for more than 257,000 square feet of residential space built atop a parking garage that can accommodate 380 vehicles.

Artist’s renderings for the 2.5-acre Commercial Street parcel being developed by Reger Dasco Properties show three six-story buildings. The application calls for more than 257,000 square feet of residential space built atop a parking garage that can accommodate 380 vehicles. Rendering courtesy of architect David Lloyd. Rendering courtesy of architect David Lloyd

A former lumberyard on

... read more at: http://www.pressherald.com/2016/12/29/plan-for-former-lumberyard-would-add-to-transformation-in-portland/

Plan for Rufus Deering site includes nearly 300 housing units in …

Artist's renderings for the 2.5-acre Commercial Street parcel being developed by Reger Dasco Properties show three six-story buildings. The application calls for more than 257,000 square feet of residential space built atop a parking garage that can accommodate 380 vehicles.Artist's renderings for the 2.5-acre Commercial Street parcel being developed by Reger Dasco Properties show three six-story buildings. The application calls for more than 257,000 square feet of residential space built atop a parking garage that can accommodate 380 vehicles.

Artist’s renderings for the 2.5-acre Commercial Street parcel being developed by Reger Dasco Properties show three six-story buildings. The application calls for more than 257,000 square feet of residential space built atop a parking garage that can accommodate 380 vehicles. Rendering courtesy of architect David Lloyd. Rendering courtesy of architect David Lloyd

A former lumberyard on

... read more at: http://www.pressherald.com/2016/12/29/plan-for-former-lumberyard-would-add-to-transformation-in-portland/

Business review 2016: Hermosa Beach, Manhattan Beach, Redondo Beach



 Kevin Cody

The risks to conglomerates who acquire popular, family-owned businesses was dramatically illustrated in 2016 with the sales of Redondo Beach-based Body Glove and Manhattan Beach-based Shorewood Realtors.

Body Glove, the South Bay’s largest and oldest surf industry company and one of the most recognized brand names in the world, was positioned for exponential growth following its sale to New York-based Marquee Brands.

By contrast, Shorewood Realtors, formerly the beach cities largest home seller, went into bankruptcy just 18 months after being acquired by Denver based LBH Holdings.

The supermarket and hotel industries also experienced mixed results at the beach in 2016. Hermosa Beach welcomed a Trader Joe’s, North Redondo

... read more at: http://www.easyreadernews.com/142640/business-review-2016-hermosa-beach-manhattan-beach-redondo-beach/

Plan for former Rufus Deering lumberyard would add to Portland’s transformation

Artist's renderings for the 2.5-acre Commercial Street parcel being developed by Reger Dasco Properties show three six-story buildings. The application calls for more than 257,000 square feet of residential space built atop a parking garage that can accommodate 380 vehicles.Artist's renderings for the 2.5-acre Commercial Street parcel being developed by Reger Dasco Properties show three six-story buildings. The application calls for more than 257,000 square feet of residential space built atop a parking garage that can accommodate 380 vehicles.

Artist’s renderings for the 2.5-acre Commercial Street parcel being developed by Reger Dasco Properties show three six-story buildings. The application calls for more than 257,000 square feet of residential space built atop a parking garage that can accommodate 380 vehicles. Rendering courtesy of architect David Lloyd. Rendering courtesy of architect David Lloyd

A former lumberyard on

... read more at: http://www.pressherald.com/2016/12/29/plan-for-former-lumberyard-would-add-to-transformation-in-portland/

Here Are The Top 7 Stories In Chicago Real Estate

2016 didn’t have a blockbuster Willis Tower sale, but it may have been a more exciting year to cover commercial real estate because there was so much happening across asset classes. Today, look at the top seven stories of the year in local real estate.

1. A Record Year For Multifamily Sales

850 N Lake Shore Drive

With a packed pipeline of Class-A projects, and growing rent spreads, rentals were well poised to have a banner year. But we had no idea just how well apartment sales activity would fare. Q1 was highlighted by Streeterville’s multifamily activity, which accounted for $490M in sales volume. By the time Q2 ended, the top 10 apartment sales in the Chicago area totaled $1.9B, and investor appetite was equally strong for both downtown and suburban assets.

By the time Crow Holdings and Marquette JV’d on the Highlands

... read more at: https://www.bisnow.com/chicago/news/commercial-real-estate/the-top-7-stories-in-chicago-real-estate-in-2016-68929

IMAGES | First model condo at The George in east Louisville ready for a tour

LOUISVILLE, Ky. (WDRB) –

The Regency Towers off of Highway 42 were a big bust.

“It hit the market at a very challenging time,” Developer Colin Underhill said.

The luxury condos were for sale during the recession when people weren’t buying property. Then, the building went into foreclosure. A different developer, Underhill Associates, bought the building in September to bring to condos to their full potential and start selling them again. 

“We’re really excited to continue to roll out our new brand, which is The George, and distance ourselves from the prior naming and set up of the building,” Underhill said.

Construction started back in the early 2000s but was never finished.

A lot of the condos are still unfinished, but WDRB got one of the first looks inside the new model unit that was recently completed.

“We are excited to officially be in businesses

... read more at: http://www.wdrb.com/story/33846703/images-first-model-condo-at-the-george-in-east-louisville-ready-for-a-tour

City’s preservation board wants Portland Co. plan altered

As many as a dozen proposed townhouses may be eliminated along Fore Street as the result of a recent city decision affecting the redevelopment of 10 acres of land on Portland’s eastern waterfront.

Between nine and 12 units that were to be built on top of two historic buildings were recommended for elimination by the city’s Historic Preservation Board in order to preserve public views of the former railroad foundry.


photo-storephoto-store

James Brady, a principal in the CPB2 development group, said he was “saddened” that the board recommended eliminating the units. He believes that view corridors already included in the plan, including a 50-foot corridor in the middle of the site, provided enough visual access.

“We believe there was a view corridor there that allowed a view into the historic complex,” said Brady, who originally proposed 17 duplexes within the affected area. “We’re in a

... read more at: http://www.pressherald.com/2016/12/12/citys-preservation-board-wants-portland-co-%E2%80%A8plan-altered/

How to Sell an Investment Property and Make a Killing | Realtor.com®

An investment property, by definition, is a place with one simple goal: to make money. So if you want to learn how to sell an investment property, we’d wager that maximizing those profits is likely your top priority.

In many ways, the steps to selling an investment property are the same as selling a home where you live: You hire a listing agent who will market your property on realtor.com® and start bringing in potential buyers. Still, since investment properties operate under different rules taxwise than a home where you live, you’ll want to ask certain questions.

Here are the factors to consider—plus the fun part: how much money you could stand to make.

Should I sell my investment property?

First things first: Are you sure you want to sell? Because there are other options that could drum up income—steady income—such as renting it out.

Whitney Nicely, principal broker with Whitney Buys Houses in Knoxville, TN, has more of a buy-and-hold

... read more at: http://www.realtor.com/advice/sell/how-to-sell-an-investment-property/

1827 Grove Avenue: A search for a new home and a new city leads a Portland couple to the Fan District

When Bruce Adams and Dennis Andersen decided to move two years ago, they didn’t just pick a new house. They picked a new city.

At the time, Andersen and Adams were living in Portland, Ore., but they were well-traveled and had lived in several

... read more at: http://www.richmond.com/realestate/features/great-homes/article_9d77ea56-c3c6-11e6-848c-43133b4691cb.html

How to Sell an Investment Property and Make a Killing

An investment property, by definition, is a place with one simple goal: to make money. So if you want to learn how to sell an investment property, we’d wager that maximizing those profits is likely your top priority.

In many ways, the steps to selling an investment property are the same as selling a home where you live: You hire a listing agent who will market your property on realtor.com® and start bringing in potential buyers. Still, since investment properties operate under different rules taxwise than a home where you live, you’ll want to ask certain questions.

Here are the factors to consider—plus the fun part: how much money you could stand to make.

Should I sell my investment property?

First things first: Are you sure you want to sell? Because there are other options that could drum up income—steady income—such as renting it out.

Whitney Nicely, principal broker with Whitney Buys Houses in Knoxville, TN, has more of a buy-and-hold

... read more at: http://www.realtor.com/advice/sell/how-to-sell-an-investment-property/