9/19/2020 12:38:14 AM +00:00

Lee and Darlene Corkrum’s Madrona manse has just been listed for $3.2 million. Christie's International Real Estate co-founder and Executive Vice President Scott Wasner has the listing for the 3,629 square-foot home with sweeping views of Lake Washington tucked into a gated community called Denny Blaine Lake Estates. This coveted group of nine homes had been on the Corkrum’s radar as they had lived in a much larger home in nearby Denny Blaine, and raised their son there for 19 years. In…

9/18/2020 9:43:29 PM +00:00

A startup digital mortgage provider is ready to make its mark in Charlotte's already bustling industry.

9/18/2020 8:40:45 PM +00:00

We're introducing you to our Best Real Estate Projects of the Year. This is the top student housing project. On an average workday at the Academy 65 work site, there would be 40 to 45 workers. That number jumped to as many as 120 during the last three months of construction, said Tony Moayed, CEO of Tricorp Group Inc., the general contractor on the project. “Those were crazy days,” Moayed said. “Every single space I was walking through, there was something going on.” The six-story, 90-unit…

9/18/2020 8:38:51 PM +00:00

We're introducing you to our Best Real Estate Projects of the Year. This is the top affordable housing project. As the rising cost of living continues to put a financial squeeze on working families, affordable housing has become increasingly important in the Sacramento area, although the projects are often a challenge to develop. That was certainly the case with Bow Street Apartments, a $27 million project in Elk Grove. Eagle, Idaho-based Pacific West Communities developed Bow Street Apartments,…

9/18/2020 8:25:32 PM +00:00

We're introducing you to our Best Real Estate Projects of the Year. This is the top innovative design project. Typically squat, bland and utilitarian, self-storage places generally aren't considered innovative or visually appealing. But someone forgot to tell that to the team behind Broadway Storage. Situated at X and 3rd streets in Downtown Sacramento, the four-story project is a modern-looking structure with 1,243 units (the fourth floor is climate controlled), nearly 4,000 square feet of first-floor…

9/18/2020 8:23:49 PM +00:00

We're introducing you to our Best Real Estate Projects of the Year. This is the top adaptive reuse project. It’s hard to imagine looking at it now, but the Courtyards on Orange Grove used to be an old rundown motel plagued by drugs and crime, generating some 500 calls for service to local law enforcement annually. Today, the former Courtyard Inn in North Highlands, built in 1972, has been adapted to serve as affordable housing, with 92 units, most of them permanent supportive housing for the…

9/18/2020 8:20:38 PM +00:00

We're introducing you to our Best Real Estate Projects of the Year. This is the top mixed-use residential/retail project. The developers of Gio Apartments hired a consultant to create a name for the T Street project. They didn't like the first list of potential names, leading to a second list. Then one of Trey Gundlach's partners looked through the area's historical records and found a name. “One of the prior owners was named 'Giovanni,'” said Gundlach, president of Allegiant Development…

9/18/2020 8:19:28 PM +00:00

We're introducing you to our Best Real Estate Projects of the Year. This is Project of the Year. The Press at Midtown Quarter is the latest in a long line of impactful projects by Sotiris Kolokotronis of SKK Developments. The expansive mixed-use building, which is near several other SKK developments, including the 68-unit Q19 and PQR townhomes, helps further cement Midtown as one of Sacramento’s most dynamic areas to live. It also garners the Sacramento Business Journal’s 2020 Project of the…

9/18/2020 8:18:12 PM +00:00

Similar to the Sacramento Business Journal’s other special publications and programs in 2020, the Best Real Estate Projects of the Year Awards has to be viewed through the prism of Covid-19. Many of the projects we honored this year wrapped up construction around the time the outbreak started, which has impacted some developments more than others. As we reported recently in the cover story “Starting down the long road to recovery,” the real estate industry, at least parts of it, has fared…

9/18/2020 7:56:22 PM +00:00

The city of Southgate and Ashley Builders Group, one of the developers looking to redevelop the former Beverly Hills Supper Club site, have responded to a lawsuit that was filed challenging the decision to rezone the property for a project called Memorial Point.