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San Antonio RE News

Commercial Real Estate Industry News Headlines | Bizjournals.com

Commercial Real Estate news
  • There's a relatively new four-story apartment building on Northeast Fremont Street in the Beaumont-Wilshire neighborhood that riled up neighbors a few years ago to the point that they filed an appeal with the state's Land Use Board of Appeals. At issue: the building's size and lack of parking. The building came to be anyway, and today it stands as an example of what many neighbors don't want in the area. Paul Del Vecchio, head of Ethos Development, is aiming to ensure that The Bridgetown apartments…

  • The CityView Apartments just west of downtown West Palm Beach were sold for a 12.1 percent gain just 13 months after their last trade. CityView Apartments LLC, an affiliate of Los Angeles-based Investors Management Group headed by President Neil Schimmel, sold the 217-unit complex at 500 N. Congress Ave. to NXRTBH Cityview, an affiliate of NexPoint Residential Trust (NYSE: NXRT). The REIT is managed by Highland Capital Management. It assumed a $15.81 million Fannie Mae mortgage with a 4.49 percent…

  • LouVino just opened its second Louisville location last week, but its owners already have their sights set on another city a couple of hours north. Chad Coulter said Thursday morning that his small plates restaurant and wine bar has signed a lease for a 3,700-square-foot location in Fishers, Ind., a northern Indianapolis suburb. Coulter said the location is located in downtown Fishers near a soon-to-open IKEA and other businesses that are opening, including several new breweries. If you've never…

  • What started out as a simple tavern in 2006 has developed into so much more over the past decade for Vince Arosemena. Water Street Tavern opened 10 years ago at 104 Water Street in downtown Baltimore and since that time Arosemena has added an expansive outdoor patio, a Key West-themed bar and an upscale wine store. Arosemena put the final touches on his growing business with the opening of a raw bar underneath the Key West bar. The just over 1,000-square-foot space has seating for 24 people and…

  • One of Catherine Pugh’s favorite books is “Comeback Cities: A Blueprint for Urban Neighborhood Revival” by lifelong community planners Paul S. Grogan and Tony Proscio. She gave a copy of it to each of the mayors she worked with during her time as a state senator and a city councilwoman. In it, Pugh remembers a particular quote from former New York City Mayor Ed Koch, which Pugh paraphrases as, “You cannot just develop downtown and think that your city is going to be healthy.” Now —…