Archive for July 1st, 2008
Continue Reading July 1st, 2008
The most popular adjective in real estate listings is (to amplify on my headline) “great” in Miami; “large” in Dallas, Orange County, Calif., and San Francisco; and “new” in Boston, Chicago, San Jose, St. Louis, and Washington.
“Nice” is used almost exclusively for houses selling for $250,000 or less, while “gourmet” is saved for homes costing $1 million and up. Oh, and “beautiful” is used most often in Miami.
These are some of the results of a survey of real estate listings by Roost, an online search engines for homes for sale. (To see more on the survey, click here.)
For the country as a whole, here are the top 20 adjectives used to describe homes, by frequency:
New
Large
Great
Beautiful
Open
Huge
Finished
Spacious
Custom
Newer
Nice
Updated
Private
Fenced
Colonial
Gourmet
Covered
Lower
Remodeled
Formal
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Continue Reading July 1st, 2008
Seattle-based Schnitzer West has ventured into the Denver market with its first acquisition there, a pair of offices that Schnitzer has bought in a joint venture with ING Clarion Lion Value Fund. The properties were purchased from Crescent Real Estate Equities L.P. for an undisclosed amount. Read more »
Continue Reading July 1st, 2008
Shorenstein Properties has completed the purchase of a 94 percent controlling interest in the entity that owns Park Avenue Tower and 850 Third Avenue in New York City. Read more »
Continue Reading July 1st, 2008
Skanska USA Buildings Inc., is relocating its New York office from Madison Avenue to the entire 32nd floor at the Empire State Building, according to Stephen Eynon of CB Richard Ellis Inc., director of leasing for the property. Read more »
Continue Reading July 1st, 2008
The World Trade Center, designed by Santiago Calatrava, will undergo a major design change, which is anticipated to reduce millions from the center’s budget, The Associated Press reported. Read more »
Continue Reading July 1st, 2008
Ownership of Genesee Executive Plaza in San Diego has just changed hands, courtesy of a transaction valued at $56 million. Read more »
Continue Reading July 1st, 2008
Starwood Land Ventures L.L.C. continues to expand its nationwide presence with the addition of West region president, Michael Forsum. Read more »
Continue Reading July 1st, 2008
Dupont Centre, an approximately 250,900-square-foot two-building office property in Irvine, Calif., has just come under new ownership now that KBS Realty Advisors has snapped up the Class A complex for $80.1 million. Read more »
Continue Reading July 1st, 2008
Kennedy Wilson Multifamily Management Group Ltd., the multi-family investment division of Kennedy Wilson, has acquired two Class B apartment communities in the Seattle area for a total of just over $117 million. Read more »
Continue Reading July 1st, 2008
The Carlyle Group, Extell Development Co. and RREEF Alternative Investments have pulled off quite a financing coup, securing a $613 million construction loan for an upscale two-building residential project in Manhattan. The financing deal represents the biggest construction loan attained in the United States thus far this year. Read more »
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