Month: November 2020

Granite Realty Partners has completed fundraising for an investment vehicle that will de-covert condominiums. The company’s strategy is to purchase what it calls “broken condo units,” and convert the property from condominium complex into an apartment building. Granite has already been busy purchasing qualifying condo units. The company currently owns 1,500 units in Illinois and
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As people look for housing with more space, lumber prices are increasing. In September, softwood lumber prices rose 28.6% (seasonally adjusted), according to the Bureau of Labor Statistics’ Producer Price Index. This represented the fourth consecutive month-over-month increase. Shortages related to the pandemic and the Western fires contributed to this decline, as did an increase
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As rockstar homes go, Ronnie Wood’s London lair — recently listed at $4.98 million (£3.85 million) — isn’t the most lavish or ostentatious of residences, but it’s filled with the kind artistic quirks that earmark the legendary Rolling Stones guitarist and fine artist’s colorful and creative lifestyle. Wood has owned the five-bed, two-bath townhouse in
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