Real Estate News

Spotlight To Shine, In Nebraska And Nationally, On What Critics Call ‘Home Equity Theft’

Published by Nikki Palmer on Thu, 02/09/2023 - 5:00am

LINCOLN — Their nightmare had been years in the making, but Joyful and Todd Stoves said they had no idea until a man knocked on their door in December with an order to leave the home they’d lived in over 20 years.

What the couple quickly learned: They had missed a property tax payment on their mortgage-free house in 2017, the year they were consumed with a family death.

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Protest Resumes At Site Of Housing Development Near Lincoln’s Wilderness Park

Published by Nikki Palmer on Thu, 02/09/2023 - 2:00am

LINCOLN — Native American activists were back protesting Monday at the site of a housing development planned near Wilderness Park, across the road from a location for sweat lodge ceremonies.

Lincoln police were called to the site after activists blocked equipment that began removing trees from the site Monday morning.

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Contaminants From AltEn Plant Found In More Homes, Streams And Soil

Published by Nikki Palmer on Thu, 02/02/2023 - 5:00am

AltEn ethanol plant in Mead, Neb. was closed in February 2021. It is subject to a clean-up order from state environmental regulators. Investigators say more research is needed to determine if long-term exposure to neonicotinoids impacts health. (Justin Wan / Lincoln Journal Star via AP Photo)

MEAD — Residents near the closed AltEn ethanol plant were told Monday night that contaminants found in area homes were “significantly higher” than those found in houses in Omaha and another rural community, Kennard.

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Bring Back Dodo? Ambitious Plan Draws Investors, Critics

Published by Nikki Palmer on Thu, 02/02/2023 - 4:00am

WASHINGTON (AP) — The dodo bird isn't coming back anytime soon. Nor is the woolly mammoth. But a company working on technologies to bring back extinct species has attracted more investors, while other scientists are skeptical such feats are possible or a good idea.

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A $30 Million Gift To Build An Addiction Treatment Center. Then Staffers Had To Run It.

Published by Nikki Palmer on Thu, 01/26/2023 - 5:00am

Howard Buffett, son of billionaire investor Warren Buffett, gave $30 million in funding to the facility in Decatur, Illinois, where he was the interim sheriff for Macon County. (Faye Sadou / MediaPunch / IPX)

DECATUR, Ill. — The question came out of the blue, or so it seemed to Crossing Healthcare CEO Tanya Andricks: If you had $30 million to design an addiction treatment facility, how would you do it?

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Nebraska’s First Amazon ‘Fulfillment Center’ Opens On Sprawling Sarpy County Site

Published by Nikki Palmer on Thu, 01/19/2023 - 5:00am

PAPILLION — Nebraska’s first and massive Amazon “fulfillment center” has opened in this Omaha metro area suburb, initially employing about 300 (not including robots that are to work alongside the humans).

The launch announced Tuesday comes later than the originally projected 2022 opening date, but sooner than the 2024 date that officials last year said was more likely due to “supply chain issues.”

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Core Of Nebraska’s Oldest City Poised For Renewal, Though Development Partner Drops Out

Published by Nikki Palmer on Thu, 01/12/2023 - 5:00am

Project site of The Bridge Flats in the Frontier District of Olde Towne Bellevue. A fence surrounds the area, which remains a grassy lot where the old City Hall used to be. (<a href="https://nebraskaexaminer.com/author/cindygonzalez/">Cindy Gonzales</a> / Nebraska Examiner)

BELLEVUE — One partner has pulled out but another says it will push forward on a real estate redevelopment billed as a kickoff to renewal in Olde Town Bellevue.

Amid fanfare last summer, officials in Nebraska’s oldest and third largest city unveiled plans for a $12 million mixed-use apartment building on the site of the now-razed City Hall.

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Zumper’s Annual Rent Report For 2022

Published by Nikki Palmer on Thu, 01/12/2023 - 2:00am

Zumper’s 2022 Annual Rent Report takes a deep-dive into past year of data, knowledge of economic trends, Zumper surveys, internal data on renter search, and ongoing conversations with clients, experts, and others in the industry. They say this intel gives them a comprehensive view of 2022 and a look at what’s to come in 2023.

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Habitat For Humanity To Muscle Up Affordable Housing Efforts In Omaha Area

Published by Nikki Palmer on Thu, 01/05/2023 - 5:00am

OMAHA — Habitat for Humanity of Omaha, boosted by donations and $4 million in federal pandemic recovery funds, plans to build or rehab about 400 houses for lower income families over the next four years.

The nonprofit expects to invest more than $200 million by the end of 2026 in housing programs — almost double the amount from the previous four years, said Chief Executive Officer Amanda Brewer.

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Google Seeks To Stretch Farther In Northwest Omaha

Published by Nikki Palmer on Thu, 01/05/2023 - 4:00am

OMAHA — Google wants to expand its Nebraska footprint with an additional 187 acres that abuts its roughly 270-acre data center site already under construction in northwest Omaha.

In all, the developer representing Google would control about 460 acres of once rolling agricultural hillside northwest of State Street and Blair High Road.