estate development

Zacks Investment Research Upgrades Howard Hughes (NYSE:HHC) to “Buy”

[ad_1] Zacks Investment Research upgraded shares of Howard Hughes (NYSE:HHC – Get Rating) from a hold rating to a buy rating in a report published on Friday morning, Zacks.com reports. They currently have $112.00 target price on the financial services provider’s stock. According to Zacks, “Howard Hughes Corporation operates as a real estate company engaged …

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Real Estate Investor Looks To Revive $10.7M Armenian Claim

[ad_1] By Caroline Simson (April 15, 2022, 9:20 PM EDT) — A real estate investor who blamed Armenia for not doing enough when he was allegedly defrauded by a local business partner is looking to partially annul a November 2021 award denying his $10.7 million claim against the former Soviet state over a citizenship issue. …

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Clara Homes Wins Approval For 28 Rentals in Bay Harbor

[ad_1] James Curnin, founder, Clara Homes, along with a rendering of Clara Bay Harbor at 10281 West Bay Harbor Drive (Clara Homes, iStock) Miami-based Clara Homes won approval for the 28-unit first phase of a luxury apartment project planned in Bay Harbor Islands. Construction of the six-story, 28-unit Clara Bay Harbor building will start by …

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Faculty call on Penn to take action to save the UC Townhomes

[ad_1] Penn faculty express frustration with lack of University action against imminent eviction scheduled for this July. Credit: Oscar Vasquez Penn faculty members voiced frustration with a lack of University action to prevent the imminent eviction of residents from the University City Townhomes, a housing development primarily occupied by Black and low-income Philadelphians. The eviction, …

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Philadelphia Parking Authority lost more than $1 million on a failed real estate development led by ex-director Petri

[ad_1] The Philadelphia Parking Authority will lose at least $1.1 million it sank into the failed development of an impound and towing facility on the Delaware River. According to the terms of a newly reached court settlement, the developers will pay the parking authority $2.1 million to settle a lawsuit over the 16-acre parking headquarters …

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Harbor Custom Development (HCDI) versus The Competition Critical Review

[ad_1] Harbor Custom Development (NASDAQ:HCDI – Get Rating) is one of 21 public companies in the “Operative builders” industry, but how does it contrast to its competitors? We will compare Harbor Custom Development to related companies based on the strength of its profitability, analyst recommendations, dividends, institutional ownership, risk, valuation and earnings. Analyst Recommendations This …

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The Richmond Observer – Richmond County native Robinette named in The Pilot’s 20 Under 40

[ad_1] SOUTHERN PINES — A Richmond County business leader has been honored for his achievements by a publication in a neighboring county. Neil Robinette, CEO of Smith Property Group, was recently named in The Pilot of Southern Pines’ People of the Pines 20 Under 40. Robinette, 34, lives in Pinehurst, but has been head of …

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Inflation and commercial real estate in Boise and Treasure Valley

[ad_1] Earlier this year, the possibility of inflation was being discussed. The Federal Reserve (the Fed) and President Joe Biden opined that inflation then was transitory. Now as the first quarter ends, we have seen significant increases in the cost of goods and services. Prices increased 6.1% in January and gasoline prices are approaching $6 per gallon. I …

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