Recent St. Louis Housing News

New Michaels store opens at 48th and R
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Centro Plaza sold for nearly $17 million. A St. Louis real estate company has bought the Centro Plaza shopping center at 48th and R Streets. Read more · DSW, Skechers, other retailers plan Lincoln stores. Two shoe stores are planning their first ... [...]
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Chuck Berry's St. Louis Homes and Properties Before He Was Rich and Famous …
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In the late 1950s Chuck Berry purchased a 35-acre plot in rural St. Charles County where he dreamed of creating a lavish property to rival those of the segregated country clubs he'd seen growing up in St. Louis. The result was "Berry Park," a sprawling ... [...]
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Home sales are hot, price trends warm in St. Louis
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This is the best year for St. Louis residential real estate since the housing bubble burst. Home sales through July of this year are up by double digits across the region — and up 21 percent in St. Charles County. New home construction is up 15 ... [...]
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Chuck Berry's St. Louis Homes and Properties Before He Was Rich and Famous …
stlouishousingmarket.com
In the late 1950s Chuck Berry purchased a 35-acre plot in rural St. Charles County where he dreamed of creating a lavish property to rival those of the segregated country clubs he'd seen growing up in St. Louis. The result was "Berry Park," a sprawling ... [...]
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Global fears as Dow drops over 200 points
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ST. LOUIS, MO (KPLR)- All of Wall Street is watching and waiting to see what will happen at the next meeting of the Federal Reserve. It's just weeks away and there's still no clear sign on whether interest rates will be raised. If they increase, it ... [...]
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LA firm buys Deloitte building in St. Louis
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An investment management firm based in Los Angeles is the new owner of the downtown St. Louis office structure old timers might recall as the MCI Building. Stanton Road Capital isn't disclosing how much it paid for the 12-story, fully leased structure ... [...]
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What would an increase in interest rates mean for St. Louis
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ST. LOUIS, MO (KPLR)- All of Wall Street is watching and waiting to see what will happen at the next meeting of the Federal Reserve. It's just weeks away and there's still no clear sign on whether interest rates will be raised. If they increase, it ... [...]
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Trial begins in 2012 slaying of prominent Bay St. Louis businessman Maurice Colly
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Davis faces a life sentence without parole if convicted of first-degree murder in the death of Maurice Colly, a prominent Bay St. Louis real estate developer. Authorities say Colly was killed in March 2012 in his living quarters on the top floor of the ... [...]
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Bamboo Equity Partners has further enhanced its existing portfolio by amassing …
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ST. LOUIS, Aug. 11, 2015 /PRNewswire/ --Bamboo Equity Partners is pleased to announce three separate acquisitions totaling over 227,000 square feet in the St. Louis area. The three assets will complement the nearly 700,000 sq. ft. of office, industrial ... [...]
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Kelly Hager Group Real Estate Services and Live Team Life Host Annual Fall …
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Lead by a fourth generation in St. Louis real estate and more than 40 agents specializing in buying and selling homes through a team-oriented approach, each home buyer and home seller is treated with exceptional customer service and professionalism. [...]
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Kelly Hager Group Real Estate Services and Live Team Life Host Fall Festival …
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Lead by a fourth generation in St. Louis real estate and more than 40 agents specializing in buying and selling homes through a team-oriented approach, each home buyer and home seller is treated with exceptional customer service and professionalism. [...]
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Trial begins in 2012 slaying of Bay St. Louis businessman
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... and testimony from several witnesses in the trial of 45-year-old Glen Davis. Davis faces a life sentence without parole if convicted of first-degree murder in the death of Maurice Colly, a prominent Bay St. Louis real estate developer, The Sun ... [...]
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Trial will soon begin for 'Gulf Coast Casanova,' accused of killing Bay real …
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Jury selection begins today for a Hancock County man accused in the March 2012 strangulation death of Bay St. Louis real estate developer Maurice Colly, who was found dead in the trunk of his car. Glenn Joseph Davis, 45, is facing a possible life ... [...]
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Jury Selection Begins for "Gulf Coast Casanova" Trial
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Forty-five year old Glenn Joseph Davis of Hancock County is facing a possible life sentence if convicted of the murder of Bay St. Louis real estate developer Maurice Colly. Davis is also accused of breaking into Colly's apartment, stealing family ... [...]
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Mercurio adds four hotels to growing portfolio
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Rosalie Abel is president of commercial real estate company, St. Louis Properties. David McNutt is the owner of Laclede Cab Co. The couple has invested in HMA's new Sheraton acquisition, Holiday Inns in Riverport and South County and the Hampton Inn. [...]
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The highest-selling real estate team in St. Louis
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The team's closed sales volume in 2014, which includes sales made by Linda Boehmer, Kelly Boehmer and Jacob Gould, reached a record $101.74 million, a 97.55 percent increase over 2013 closed sales volume, the highest increase of any team on the list. [...]
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Home prices rise in St. Louis
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St. Louis-area home prices were up 3.2 percent in December, compared to a year earlier, according to new data from CoreLogic. The real estate analysis company also reported that prices here rose 0.1 percent from November to December. The housing ... [...]
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Real estate fund buys two Creve Coeur office buildings : Business – St. Louis …
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Building Blocks. The ins and outs, booms and busts of St. Louis real estate and development. MOST READ STORIES. 1 Painting contractor, towboat operator trade blame in Eads Bridge death. 2 Uber plans to recruit 2,000 drivers in St. Louis. 3 Edward Jones ... [...]
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Penn National Gaming Names General Manager for Hollywood Casino Tunica and …
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“Our new leadership structure on the Gulf Coast unites the nearby Boomtown Biloxi and Hollywood Casino Bay St. Louis properties under the leadership of Chett Harrison, who possesses significant local market experience including nine years of prior ... [...]
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St. Louis-Area Real Estate Brokerages to Join Berkshire Hathaway HomeServices …
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Added Maryann Vitale Alles, president and CEO of Select Properties: “The St. Louis real estate market is bouncing back, and St. Louisans are looking for quality representation and high-caliber service for their real estate needs,” she explained. [...]
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Kelly Hager Group Real Estate Services Named One of America's Top 1000 …
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Lead by a fourth generation in St. Louis real estate and more than 40 agents specializing in buying and selling homes through a team-oriented approach, each home buyer and home seller is treated with exceptional customer service and professionalism. [...]
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Union Station buildings head to auction
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Two foreclosed buildings in the Union Station complex at the western edge of downtown St. Louis will go up for auction Tuesday in a two-day bidding event. The Powerhouse office building and theater at 401 S. 18th St. and the Grand Central office ... [...]
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Baceline buys three retail centers in St. Louis area
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Three neighborhood strip centers in the St. Louis area are among what Baceline Investments said Tuesday are among 10 properties it recently purchased. Baceline, a private equity real estate investment and management company based in Denver, said the ... [...]
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Kelly Hager Group Real Estate Services Named One of America's Top 1000 …
stlouishousingmarket.com
Lead by a fourth generation in St. Louis real estate and more than 40 agents specializing in buying and selling homes through a team-oriented approach, each home buyer and home seller is treated with exceptional customer service and professionalism. [...]
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7 shows for your radar this week (July 6-13)
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This week is heavy on unscripted premieres, but the CW has a new comedy by way of Britain, and Sunday brings several big returns. Here's more: "Million Dollar Listing San Francisco," 9 p.m. Wednesday on Bravo. Prepare to appreciate St. Louis real ... [...]
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Are young people growing more confident about the housing market?
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Were young people scared off by years of rotten news on housing? Are they too burdened by student loans? Are tightwad mortgage lenders sealing them out? Whatever the reason, millennials — those born from 1982 to 2000 — have been playing less of a ... [...]
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City advances bill for $20 million NGA loan; Paul McKee speaks
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McKee's NorthSide project got more than $7 million in state tax credits — through the now-expired Distressed Areas Land Assemblage Tax Credit Act — to acquire north St. Louis properties, including some previously owned by the city in the NGA site, ... [...]
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Sheila Sweeney named acting head of city-county partnership
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Sheila Sweeney, a politically connected real estate consultant, has been named as the interim boss of the St. Louis Economic Development Partnership. Sweeney is filling in for Denny Coleman, who is officially retiring on Aug. 1, but his last day at ... [...]
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Discussion on rising interest rates
stlouishousingmarket.com
The Federal Reserve of St. Louis reports sales increased by nearly 18 percent – twice the national rate. Area home prices also increased by nearly six percent; again, also higher than the national rate. In its latest report on economic conditions in ... [...]
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Developer McKee loses some NorthSide property to foreclosure
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Michael Allen, a building preservationist who years ago documented McKee's purchases of north St. Louis properties, attended the foreclosure. He said afterward he believes Campbell, through foreclosure, is nibbling away at NorthSide in an effort to get ... [...]
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Wages flat but employers are hiring in St. Louis
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The metro St. Louis real estate market is making a nice comeback after a weak sales year in 2014. Sales are up 18 percent from a year ago. The Fed quoted CoreLogic, the real estate data firm, which estimated that prices here were up 5.8 percent over ... [...]
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North St. Louis strip center gets new owner
stlouishousingmarket.com
Baceline Investments, of Denver, said Wednesday it has completed its acquisition of Grand Marketplace, a strip center in St. Louis, for $1.275 million. The center, at 1401-05 North Grand Boulevard, is 82 percent leased, Baceline said. Tenants include ... [...]
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McKee loses some NorthSide property to foreclosure
stlouishousingmarket.com
Michael Allen, a building preservationist who years ago documented McKee's purchases of north St. Louis properties, attended the foreclosure Tuesday. He said afterward he believes Campbell intends to continue nibbling away at NorthSide in an effort to ... [...]
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Lester T. Sanders Joins St. Louis Fed's Real Estate Industry Council
stlouishousingmarket.com
Each council is supported by one of four of the Reserve Bank's offices: St. Louis (real estate), Little Rock (agribusiness), Louisville (health care) and Memphis (transportation). The councils meet twice a year. Contact: Adriene Dempsey mediainquiries ... [...]
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Nixon signs NGA bill allowing tax increment financing
stlouishousingmarket.com
McKee got more than $3.5 million in tax credits through the Distressed Areas Land Assemblage program to acquire 88 north St. Louis properties, according to information provided by the Missouri Department of Economic Development. The city's development ... [...]
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St. Louis Place tower facing foreclosure
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(Updated at 4 p.m. Thursday to include comment and clarify lender information.) St. Louis Place, a 20-story office building in downtown St. Louis, is facing foreclosure after its owner apparently was unable to renegotiate its real estate loan. The ... [...]
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MLB scours ballpark area for fake merchandise
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The Cardinals and the Red Sox aren't the only teams in St. Louis for the World Series. Major League Baseball Properties, the league's licensing agent, also has flown in a team from New York to seek out and seize counterfeit T-shirts, ball caps and ... [...]
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St. Louis area's industrial market clearly on the mend
stlouishousingmarket.com
Commercial real estate brokers agree: The St. Louis area's industrial market is in full post-recession rebound mode. Vacancy is down, rents are stable, absorption (brokerspeak for changes in occupancy) is up and, for the first time in years ... [...]
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Duke selling St. Louis office properties
stlouishousingmarket.com
Updated with identity of some properties. Fifteen office buildings in suburban St. Louis are among 62 properties Duke Realty Corp. is selling for $1.1 billion to a group led by Starwood Capital. Duke said it is leaving several of its suburban office ... [...]
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Toby Martin named CEO at NAI DESCO
stlouishousingmarket.com
Toby Martin, a former senior vice president for Duke Realty Corp. in St. Louis, is now the new CEO at NAI DESCO. Martin has more than 25 years experience in the St. Louis real estate industry, working also with Cassidy Turley (now DTZ Cushman) for more ... [...]
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Developers seeking approval of St. Louis area senior living projects
stlouishousingmarket.com
Multiple developers want to build three separate senior communities throughout the St. Louis area that are worth more than $37 million. The developers are seeking state regulatory approval from the Missouri Health Facilities Review Committee to build ... [...]
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Hampden Hall changes hands
stlouishousingmarket.com
An affiliate of Asprient Properties of St. Louis is the new owner of Hampden Hall, a 1920s apartment bulding at 4400 McPherson Avenue in the city's Central West End. The new owner is Everest-4400 McPherson LLC, which bought the building from CEAI ... [...]
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McEagle creditor plans auction of assets
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Assets of McEagle Properties, headed by developer Paul McKee, are scheduled to go up for auction next week. Legal notices published Monday said Titan Fish Two LLC, a McEagle creditor, plans to conduct the sale next Monday at the Lewis Rice law firm in ... [...]
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A timeline of Urban Assets events
stlouishousingmarket.com
2008 • Urban Assets starts buying properties in north St. Louis. 2008-2014 • 1,600 code violations filed against properties as they were allowed to deteriorate. August 2013 • Post-Dispatch writes about mystery of who is behind Urban Assets. October 30 ... [...]
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Assets no more: Steve Roberts linked to company that let properties …
stlouishousingmarket.com
ST. LOUIS • In September 2008, a company called Urban Assets began acquiring large numbers of properties in north St. Louis, primarily buying abandoned parcels cheaply at sheriff's tax auctions. Within a year, it had gobbled up nearly 240 properties, a ... [...]
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Streets of St. Charles about to come alive
stlouishousingmarket.com
Aspiring movie makers, chefs, interior designers, photographers, fashion marketers and graphic designers are being sought by one of the first tenants in the Streets of St. Charles. The Art Institute of St. Louis plans to begin classes July 9 in the ... [...]
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