City Hall received development proposals for its Municipal Services Center from Blake Investment Partners, Echelon, Lincoln Property Co., and Allen Morris. It asked for proposals after a fifth company, Property Management Group, made an unsolicited bid. The city of St. Petersburg has received two offers for the Municipal Services Center on Central Avenue at Fourth Street N. (Google street view)….
Expectations for 2020 tempered after housing starts climb to levels not seen in a decade ByWill ParkerDec. 24, 2019 7:00 am ET – Via The Wall Street Journal U.S. home builders benefited from low interest rates this year as housing starts climbed to levels not seen in a decade and new-home sales surged after a disappointing 2018. Builder confidence, as….
Via National Real Estate Magazine 2020 The year 2019 was certainly a step backward for the cannabis industry—publicly-traded cannabis stocks tumbled roughly57 percent year over year as of the third quarter of 2019. Nevertheless, cannabis operators remain bullish and stead-fast in their pursuit to expand their footprint and open new retail locations. State laws, local ordinances and financing restrictions have….
When the Illinois legislature passed a law last spring legalizing recreational cannabis starting Jan. 1, it set off a dealmaking rush among cultivators and a months-long scramble to secure Chicago retail properties where providers could sell the product. That jostling began even before the city passed its own ordinance in the fall governing sales, with at least several deep-pocketed providers securing….
Chris Jasinski, managing partner and co-founder of JTW Advisors JTW ADVISORS By Bill Hethcock – Senior Reporter, Dallas Business Journal Nov 25, 2019, 8:47am EST Publicly traded homebuilders and foreign-owned builders are significantly growing their market share in North Texas as a result of consolidation in the industry. Source: Dallas – Business Journal
For the better part of a decade, Ryan Brandt scoured the country for Murphy Oil, looking for freestanding corner locations for their gas and convenience stores at major intersections, preferably near Walmart. He now hunts those same locations for the nascent, yet wildly expanding, cannabis dispensary business. “We’ve done 30-plus deals for MedMen across the country. They’re focusing on the….
Will build 24 units starting from the high-$200,000s. Atlanta home builder Heatherland Homes has begun construction on the first five townhomes at its Marvelle community in Marietta, Georgia. Marvelle features a crisp coastal-chic style and a combination of single-family and townhomes priced from the high $200,000s. “Single-family homes at Marvelle are selling well,” said James Nash, president of Heatherland Homes. “Now with….
The residential growth that has more than doubled Groveland’s population since 2010 shows no sign of slowing down, with four new residential subdivisions under evaluation by the city’s Development Review Committee that will bring another 387 homes to the city. The communities with final plats under development review include: Marsh Pointe, north of County Road 565A and north of the Marsh….
JTW Advisors LLC served as the sell-side advisor to Level Homes in the sale of their Raleigh division to Lennar. As a result of the transaction, Lennar owns and/or controls an additional 1,602 homesites in the Raleigh market. Level Homes is the 111th largest builder in America and is headquartered in Baton Rouge, LA. Level expanded into the Raleigh, NC….
St. Petersburg native Blake Whitney Thompson is excited about downtown’s rebirth but also worried that development is driving out the locally owned businesses that give downtown its hip, edgy vibe. ST. PETERSBURG — Creativity is everywhere apparent in Tampa Bay’s urban landscape. In the eye-popping murals all over St. Petersburg. In the repurposed warehouses and cigar factories of Tampa. ….
The Overlook at Hilltop is a 25 lot neighborhood located in eastern Cobb County. The homes will range in size from 2800-4000 square feet with a starting price in the mid $400’s. Offerings will include slab and basement foundations with three sides brick. Schools serving this neighborhood are: Sprayberry HS, Daniell Middle School and Blackwell Elementary School.
Blake Communities is pleased to announce it’s most recent acquisition in Groveland Florida, a suburb of Orlando. The development will consist of 51 lots, and Blake Communities has partnered with Maronda Homes to take down the entire project. Blake Communities broke ground immediately following closing and expects to deliver lots by early 2019. Blake Communities continues to actively pursue permit-ready….
Heatherland focuses on building quality homes and tries to avoid the optics associated with competing with any of the national homebuilders – we don’t need large deals, we don’t need to hurry, we are willing to pay fair market value and we certainly are looking for projects where everyone enjoys working together. If you know of a project or have….
Blake Communities is looking for more projects in Charlotte and any major MSA in the Southeast. We pride ourselves as one of the most nimble and creative developers in the South, with a willingness to pay finders fees, enter into JV agreements with qualified partners and to provide off-balance sheet capital to any mid-to-large scale homebuilder or developer.
ATLANTA, April 6, 2018 /PRNewswire-PRWeb/ — Blake Communities broke ground this week on Meadowbrook, a new 282-lot community off NC 55, featuring new residential construction by Level Homes and Chesapeake Homes. The new development continues the recent growth in Fuquay-Varina — a growing commuter town serving the greater Raleigh-Durham market. “We couldn’t be more excited to begin this project,” said Mark Kring, Division President for Chesapeake Homes. “Meadowbrook will….
BWS and Lennar are actively purchasing large residential land tracts in the Orlando Market. The largest builder in the Orlando market, Lennar, has hired Blake-Wilder Strategies, a land acquisition consulting company, to execute their 5-year land acquisition strategy. BWS will be responsible for sourcing and evaluating Lennar’s land opportunities throughout the market. This will help Lennar process deal-flow and provide….