Warehouse Woes Lead to Creative Uses of Industrial Storage Space
A relative scarcity of warehouses in Alaska demands some clever solutions for those looking to store materials or equipment.
Real Estate
Wells Fargo Cutting Back on Mortgages While Focusing on Lending to Minorities
Once the largest player in the mortgage market, Wells Fargo is stepping back while focusing its home lending business on bank customers in minority communities.
Coastal Villages Region Fund Acquires Seattle Marina and Office Property
Coastal Villages Region Fund, the largest Alaskan-owned seafood company, is now the proud owner of a Seattle waterfront property that it has occupied since 2015.
More Than $1M Bid on Farm Tracts Near Nenana
A special agricultural land auction near Nenana is the first phase of the state’s attempt to bring more farming to the 140,000-acre Nenana-Totchaket area.
Fidelity Title Hires New Title Operations Manager
Fidelity Title Agency has hired Lauri Schoff as Title Operations Manager. She comes with an extensive business management background.
Revisions to C-PACE Program Broaden Efficiency, Resiliency Financing
Governor Mike Dunleavy signed House Bill 227, revising the C-PACE program, which helps commercial properties finance energy efficiency and resilience improvements.
State Land Auction Includes Farm Tracts Near Nenana
A special agricultural land auction is added to the state’s standard annual sale of undeveloped tracts, in hopes of starting a new farming boom in the Interior.
Breaking Ground at Supportive Housing for Homeless Elders
Providence Alaska House is designed as permanent supportive housing for senior citizens in Anchorage who have nowhere else to live.
Block 41 Redevelopment to Mix Old and New Façades
Refurbishing the former KeyBank building in downtown Anchorage is just the beginning. A redevelopment plan has been unveiled for the rest of the block.
New Owner for Midtown Mall
Two former Sears properties in Anchorage have a new owner. International real estate firm Time Equities, Inc. bought the Midtown Mall and the vacant Sears warehouse at Dowling and Old Seward Highway for $44 million.