April 26, 2025 - 12:20

Olivet Baptist Church, a historic institution with a legacy spanning 175 years, is set to embark on an ambitious new chapter by transforming its property into a 366-unit affordable apartment development named Trinity Square. This significant project, estimated to cost approximately $157 million, aims to address the pressing need for affordable housing in the South Side community.
The church, known for its rich history and role in the Underground Railroad, is now pivoting towards real estate development as a means to serve its community in a contemporary context. The proposed Trinity Square development will not only provide much-needed housing but also contribute to the revitalization of the surrounding area.
Community leaders and church officials are optimistic that this initiative will create job opportunities, enhance local amenities, and foster a sense of belonging among residents. As the plans move forward, the church remains committed to its mission of uplifting the community while honoring its historical roots.
August 28, 2026 - 02:59
Apartment complex in small North Carolina town sold for $8M to New Jersey firmA sizable apartment complex in a quiet corner of North Carolina has just changed hands in a deal worth a cool $8 million. The buyer, a real estate firm based in New Jersey, closed on the property...
August 27, 2026 - 00:48
Deal is reached to sell Berkeley hotel facing loan foreclosureThe owner of a financially troubled Berkeley hotel has reached an agreement to sell the property, just as the building faced the threat of loan foreclosure. The deal, confirmed by sources close to...
August 26, 2026 - 01:09
Invesco Real Estate acquires Crossroads Logistics Park in SpartanburgInvesco Real Estate has completed the purchase of Crossroads Logistics Park, a three-building Class A industrial property located on International Park Drive in Spartanburg, South Carolina. The...
August 25, 2026 - 03:10
Fresno man sentenced for $9 million real estate Ponzi schemeA Fresno man will spend more than four years behind bars for running a real estate Ponzi scheme that pulled in over $9.1 million from investors. Matthew Campbell, whose age was not listed in court...