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Photos: Houston restaurateur lists $12M Austin-area estate for sale

(BIZ Journals) - 9 hours, 17 minutes ago...
 A little piece of Italy is for sale in the Lone Star State as Villa Antichita, an estate designed with Tuscany in mind, is now on the market. About 25 minutes southwest of Austin, the 323-acre Villa Antichita is listed at $12 million and owned by Houston restaurateur Damian Mandola, the co-founder of Carrabba’s Italian Grill and several other restaurants. Click through the photos to tour Villa Antichita. Mandola and his wife plan to move to Italy, he told the American-Statesman, and will...
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Mansions in Denver are selling more quickly and for more money

(BIZ Journals) - 9 hours, 17 minutes ago...
 Multi-million-dollar homes in the Denver area sold more quickly in July and sold for more money, according to a new report. It took only an average of 56 days for a home priced at $1 million or more to sell in July, compared with 65 days in July 2016 and 75 days in June, according to a new report by Coldwell Banker Residential Brokerage. And the median sale price for luxury homes rose nearly 4 percent in July, rising to $1,365,000 from $1,315,000 in July 2016. Eight homes priced at $3 million...
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Land for 198-unit apartment project in Davis sold

(BIZ Journals) - 9 hours, 17 minutes ago...
 Land for a large apartment project in Davis has changed hands, signaling a possible start of construction soon. ...
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10 Must Reads for the CRE Industry Today (August 15, 2017)

(NREIonline) - 10 hours, 22 minutes ago...
 Investors are buying up securities sold by Fannie Mae and Freddie Mac, reports the Wall Street Journal. Forbes claims an increasing number of real estate investors are planning to sell their properties. These are among today’s must reads from around the commercial real estate industry....
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New Oakley development nearly sold out before construction wraps up

(BIZ Journals) - 1 days ago...
 A townhome development steps from Oakley Square is nearly sold out even though construction is still wrapping up. ...
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Ukraine denies selling North Korea nuclear missile engines

(Yahoo) - 1 days ago...
 The Ukrainian government has denied supplying advanced missile engines to North Korea after a report said Pyongyang’s latest ICBMs use motors produced in a factory in former Soviet state.  Kiev said the suggestion that advanced rocket engine might have been sold to North Korea by corrupt staff or managers at the Yuzhmash missile factor in the city of Dnipro was ill-informed and probably Russian propaganda.   "This information is not based on any grounds, ...
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Housing market remains strong despite low inventory

(BIZ Journals) - 1 days, 9 hours ago...
 Western Pennsylvania's housing market continued strong despite less inventory, according to the latest data from the West Penn Multi-List Inc. Closed sales are up 3.3 percent, and closed sales volume is up 5.6 percent between January and July 2017 compared to the same period a year ago. There were 16,408 homes sold in a 17-county area of western Pennsylvania. Average sale price is $181,061, up 2 percent from $177,264 a year ago. Details about the home sales and locations weren't avail...
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9News: Huge Colorado ranch listed for $105 million finds a buyer (Video)

(BIZ Journals) - 1 days, 19 hours ago...
 By Kelly Jensen, KUSA-9News An unknown buyer is now the proud owner of a Colorado 14er — Culebra Peak, elevation 14,053 feet — and the surrounding 83,368 acres. Cielo Vista Ranch is described by the broker agency, Mirr Ranch Group, as “one of the largest, most pristine private properties in North America.” The property was listed at $105 million and has been on the market since 2015. The final sale price and the buyer’s name have not yet been disclosed. Along wi...
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