Staybridge Suites in North Charleston Sold
Naman Hotels has sold the Staybridge Suites Charleston-Ashley Phosphate in North Charleston. Marcus & Millichap brokered the sale of the property. The five-story hotel, built in 2009, is situated on a 2.02-acre lot. It features 93 rooms and includes amenities such as onsite parking, an indoor pool, a fitness center, and a business center. The
Dockside Tower Demolition Presents Unique Challenges
Demolition Challenges for Dockside Tower The Dockside high-rise tower and its adjacent townhomes have been vacant since February 2025 following a city-mandated evacuation due to structural concerns. The property is currently in the process of being sold, likely to a buyer who intends to demolish the existing structures and develop a new residential or mixed-use […]
Magnolia Landing Development to Feature 26 Acres of Parks
Charleston’s Magnolia Landing Development Progresses with Park Plans The Magnolia Landing development in Charleston is set to include 26 acres of parks. Two of these parks, totaling 10.6 acres, are currently under review as part of the nearly 200-acre, $2 billion project. Heriot Street Park will be located at the north end of Magnolia Landing,
Minto Communities, Margaritaville Plan Texas Expansion
Minto Communities USA and Margaritaville Holdings recently announced plans for a significant expansion into Galveston Bay, Texas, with a new 3,500-home development. This project, known as Latitude Margaritaville Galveston Bay, is part of a larger planned unit development on a 1,318-acre property and recently secured zoning approval to proceed. The expansion marks Minto’s entry into
K-Shaped Housing Market Persists as Starter Homes Lag
A national housing report indicates that the K-shaped economic trend, where different segments of the economy perform divergently, remains deeply entrenched in the real estate market, particularly impacting prospective homeowners in Aiken and across the country. Despite a reduced supply of entry-level homes compared to 2019, the attention each property receives has fallen below pre-pandemic
U.S. Homebuying Slowdown Reaches Beaufort as Mortgage Rates Climb
Homebuying demand across the United States has weakened significantly, with pending home sales falling to their lowest level since early April. This slowdown coincides with the daily average mortgage rate climbing to 6.85% at the end of July, marking its highest point in more than a year. The national data, which encompasses over 900 U.S. […]