The Business Journals

The Business Journals

The Nation’s Premier Print and Digital Publisher of Local Business News American City Business Journals is a multi-platform media company providing in-depth coverage of local business communities and breaking news. Through print, digital products and face-to-face events, ACBJ offers business leaders many avenues for making connections and gives them a competitive edge locally, regionally and nationally. ACBJ is the premier media solutions platform for companies that target business decision-makers. In addition to its business newspapers, American City operates BizEquity. This online business valuation platform helps financial professionals create more valuable relationships with business owners. American City also publishes specialty publications, which include a high-tech business newspaper, a law journal, and Hemmings Motor News. American City is a unit of Advance, whose exceptional portfolio includes Condé Nast, Advance Local, Leaders Group, Stage Entertainment, Turnitin, 1010data, and POP. Advance is also among the largest shareholders in Charter Communications, Discovery and Reddit.

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1370 Posts
Central Ohio home sales are cooling, but first-time homebuyers are feeling crunched
Home sales have slowed due to rising interest rates and a lack of supply, impacting first-time homebuyers most acutely. ... more
The most expensive homes sold in Louisville April 26-May 3
Here's our latest look at high-end homes being sold in Louisville. ... more
Tudor-style Elm Grove mansion hits the market for $4.2M: Open House
A Tudor-style Elm Grove mansion with balconies and a turret recently hit the market for $4.2 million. Get a look inside the nearly 10,000-square-foot home, which has five bedrooms, six full bathrooms, a four-car heated garage and a landscaped courtyard. ... more
Kyle Bass dismisses UDF's allegations as prison sentences delivered: 'They’re the ones who’ve been convicted.'
Hedge fund manager Kyle Bass was in federal court in Fort Worth on Friday, but he wasn’t on trial. It seemed like it for a moment, though, as the lead defense attorney representing United Development Funding went on the offensive against Bass, founder and chief investment officer of Dallas-based Hayman Capital Management. ... more
Patti Payne's Cool Pads: Architect's stunning midcentury modern home lists for $3M
The Burien waterfront home with a wall of windows facing Puget Sound is a snapshot of 1960s luxury architecture in Seattle. ... more
Lake Nona’s priciest home listing is a sprawling golf course estate perfect for a pro athlete
The listing has the potential to yield a historic home deal in Lake Nona. ... more
Will Portland's $258.4M housing bond deliver on its promise?
The Business Journal examines whether city officials followed their own guidelines in giving out the money. ... more
Letter to the Editor: Inclusionary Zoning can coexist with profitable development
"The private market is failing to produce the housing that Pittsburgh’s working families and historically marginalized residents need." ... more
Filings roundup: New Braunfels apartments, Gruene event center and Nebraska-based coffee
Industrial and residential real estate, coffee expansion and utility company work are planned in the region over the hot summer months. ... more
Redfin wins lawsuit over co-founder who filed for patent infringement
A Texas jury sided with Redfin over co-founder David Eraker, who alleged Redfin's 3D home-touring technology mimics a feature from his startup, Surefield. ... more
Twice rejected: Stokes West Apartments fails once again to get approval from Planning Commission
The area was once home to Pla-Mor, a center in the neighborhood that served as a hub for civil rights and social gatherings. It was burned down in 1966 during the Hough Riots. ... more
Top of the Market, Penny Hardaway edition: Shelby Co.'s biggest home sales, week of May 16
The most expensive home sales in Shelby County last week included a Southwind house owned by University of Memphis men's basketball head coach Penny Hardaway. ... more
Former U.S. ambassador accepts offer for sprawling Northside home
The home was built in 1995 by builder Roberto Kenigstein, and sits on a wooded 0.85 acres. ... more
Luxury model home on Lake Minnetonka listed for $3.95M (Photos)
A 6,632-square-foot home on Lake Minnetonka in Minnetrista is landing on the market for $3.95 million. The five-bedroom, six-bathroom home was built in 2016 by Plymouth-based Charles Cudd. Co. The main floor is punctuated by stone walls and wide-ranging views of the lake. Amenities in the basement alone include a wet bar with lake views, sport court, gym, wine wall, sauna and game room. Homeowners association fees of $349 per month also offer access to a pool and clubhouse. The 0.8-acre… ... more
Years behind bars: Prison sentences handed down for UDF executives
United Development Funding executives were sentenced during a hearing in Fort Worth on Friday after a federal jury found them guilty on all 10 counts each faced with convictions that included securities fraud and conspiracy to commit securities fraud, among others, earlier this year. ... more
For lumber store owners, business ‘is really about rebuilding’ KC’s East Side
Ebony and Daniel Edwards bought a Kansas City lumber yard with the hope of reinvesting in the East Side and strengthening trust between neighbors and developers. ... more
Mayson-Dixon Cos. plots 68-unit townhouse development north of Johns Hopkins Hospital
The homes will be part of the 88-acre project spearheaded by East Baltimore Development Inc. for two decades. ... more
Housing developers plan new duplex neighborhood in southwest Wichita
The 11-acre site is east and south of single-family, residential neighborhoods. ... more
Dayton-area affordable housing projects land $1.7M in tax credits
This funding will help local developers build and preserve affordable housing in the Dayton region. ... more
Chicago investor retires and sells multifamily building
A multifamily building on Chicago’s North Side was sold for $3.18 million by its longtime owner who is retiring. ... more
Atlas Brew Works eyes Poplar Point location
A massive new development near the Anacostia Metro station could be a new location for the D.C. brewery. ... more
Radio Hall of Famer Tom Joyner lists oceanfront mansion for $20M (Photos)
The home recently underwent $7.5 million in renovations. ... more
TBJ Plus: Iconic NC State bar is back; WRAL's big move; Sharon Stone home for sale (Photos)
Mitch's Tavern across from N.C. State University in Raleigh is back in business. ... more
Keller Williams finishes Whitefish Bay office remodel after buying building for $2.2M
Amid a chaotic housing market, Keller Williams Realty Milwaukee has expanded and renovated its Whitefish Bay office and is welcoming agents back to the space at 205 E. Silver Spring Drive.​ ... more
WSG Homes LLC is a Family Business Awards honoree in the small business of the year category. ... more
Todd Michael Glaser sells Palm Beach mansion to Boston businesswoman for $15.5M (Photos)
The buyer has been a fixture on the Boston business and nonprofit scene. ... more
Multifamily rents still haven't reached pre-pandemic levels in the Bay Area's two biggest cities. That could soon change
Many other markets nationwide have seen apartment rents not just recover to pre-pandemic levels, but surpass them. Why are San Jose and San Francisco still lagging? ... more
$18 million residential development planned at former school site in Colerain Township
Colerain Township is continuing its growth with the announcement of final plans for a new subdivision. ... more
Former St. Mary's convent renovated into a duplex is listed at $1.75M: Slideshow
A historic Milwaukee home that formerly was a Catholic convent has been converted into a side-by-side duplex that's now on the market for $1.75 million. Get a look inside the more than 7,000 square foot home. ... more
How developer Ravi Kahlon landed a Midtown project
For Ravi Kahlon, getting the opportunity to do a project in Midtown Sacramento was a longtime white whale. Properties were too expensive, and competition too fierce. ... more
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