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Home » Real Estate News

Real Estate News

Nebraska Public Power District Bought Land For $5 Million — From NPPD Executives

Published by maggie@omahadai... on Thu, 05/22/2025 - 12:00am
Nebraska Public Power District's Sheldon Power Station near Hallam. NPPD purchased a nearby tract of land from two executives earlier this year for $5 million, around five times the land’s assessed value. 
(Eric Gregory / Flatwater Free Press)

Early this year, the Nebraska Public Power District paid $5 million for a piece of rural Lancaster County land.

The price tag — around five times the land’s assessed value — is eyebrow raising on its own.

Even more surprising is who sold the land to NPPD: two NPPD executives.

  • Read more about Nebraska Public Power District Bought Land For $5 Million — From NPPD Executives

‘WanderNebraska’ Expands To Promote More Than 200 Museums, Tourist Attractions And Sites Of Interest

Published by maggie@omahadai... on Thu, 05/22/2025 - 12:00am
A map showing the different sections available for tours in Nebraska through WanderNebraska. 
(Courtesy of nshsf.com)

LINCOLN — A Nebraska charitable foundation is stepping up to promote lesser-known museums and historical sites in the state.

“WanderNebraska,” a project of the Nebraska State Historical Society Foundation, is promoting visits to 213 museums, libraries and notable attractions this year via brochures, billboards, bus tours and prizes for visiting.

  • Read more about ‘WanderNebraska’ Expands To Promote More Than 200 Museums, Tourist Attractions And Sites Of Interest

Believe It Or Not, There Was A Time When The US Government Built Beautiful Homes For Working-Class Americans To Deal With A Housing Crisis

Published by maggie@omahadai... on Thu, 05/22/2025 - 12:00am
Milton Hill, a neighborhood designed and developed by the United States Housing Corporation in Alton, Ilinois.
 (MIT National Archives)

In 1918, as World War I intensified overseas, the U.S. government embarked on a radical experiment: It quietly became the nation’s largest housing developer, designing and constructing more than 80 new communities across 26 states in just two years.

  • Read more about Believe It Or Not, There Was A Time When The US Government Built Beautiful Homes For Working-Class Americans To Deal With A Housing Crisis

Creighton University Embarks On $25M Project Changing Landscape Of Urban Campus, Downtown Omaha

Published by maggie@omahadai... on Thu, 05/15/2025 - 12:00am
Rendering of fountain area of future Creighton University “quadrangle,” a project described as the largest physical reshaping of the campus in its 147-year history. 
(Courtesy of OJB)

OMAHA — Omaha’s Creighton University campus is soon to start building “one of the most sweeping projects” in its nearly 150-year history: a 251,500-square-foot gathering space with a stage, amphitheater and price tag of up to $25 million.

  • Read more about Creighton University Embarks On $25M Project Changing Landscape Of Urban Campus, Downtown Omaha

America’s Investment In Education Is Lagging — And The Workforce Pays The Price

Published by maggie@omahadai... on Thu, 05/15/2025 - 12:00am

America’s Investment in Education Is Lagging — and the Workforce Pays the Price

Brown: America once led the world, but the global economy is evolving and other nations are surging ahead. We must recommit to innovation & training.

By Courtney Brown

  • Read more about America’s Investment In Education Is Lagging — And The Workforce Pays The Price

$43M Omaha Apartment Project Becomes Like An Unexpected Archeological Dig

Published by maggie@omahadai... on Thu, 05/15/2025 - 12:00am
A tunnel discovered under the ground near 27th and Leavenworth Street where an apartment building is to rise. Developers said building data had no record.
(Courtesy of Hausmann Construction)

OMAHA —  Backhoes digging out a future apartment site in Omaha’s urban core unearthed some unexpected remnants of an old dairy factory that once distributed milk to doorsteps via horse-drawn wagons.

Among the surprises: mysterious tunnels; intact ice cream bottle lids that spilled out when a vault was struck and an entire foundation of a brick building.

  • Read more about $43M Omaha Apartment Project Becomes Like An Unexpected Archeological Dig

“Incalculable” Damage: How A “We Buy Ugly Houses” Franchise Left A Trail Of Financial Wreckage Across Texas

Published by maggie@omahadai... on Thu, 05/15/2025 - 12:00am
Homevestors welcomed its 800th franchise, as well as 75 other new franchises, in first quarter 2017. 
(Business Wire)

“Incalculable” Damage: How a “We Buy Ugly Houses” Franchise Left a Trail of Financial Wreckage Across Texas

by Anjeanette Damon and Mollie Simon

ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox.

  • Read more about “Incalculable” Damage: How A “We Buy Ugly Houses” Franchise Left A Trail Of Financial Wreckage Across Texas

The Federal Bureau Of Prisons Has Lots Of Problems. Reopening Alcatraz Is Now One Of Them

Published by maggie@omahadai... on Thu, 05/08/2025 - 1:28pm
A bird flies above Alcatraz Island on Sunday, May 4, 2025, in the San Francisco Bay, Calif.
 (Noah Berger / AP Photo)

Eleven inmate deaths in less than two months. More than 4,000 staff vacancies. A $3 billion repair backlog.

And now, a stunning directive from President Donald Trump for the crisis-plagued federal Bureau of Prisons to “REBUILD, AND OPEN ALCATRAZ!” — the notorious penitentiary on an island in San Francisco Bay that last held inmates more than 60 years ago.

  • Read more about The Federal Bureau Of Prisons Has Lots Of Problems. Reopening Alcatraz Is Now One Of Them

How Rising Wages For Construction Workers Are Shifting The Foundations Of The Housing Market

Published by maggie@omahadai... on Thu, 05/08/2025 - 1:25pm

Construction costs have surged in recent years, pushing homeownership further out of reach for many Americans. But this isn’t a new concern: In 1978, the U.S. Government Accountability Office warned that rising costs were threatening the American dream – at a time when the median home price was just US$44,300, less than three times the median household income. Today, that figure has climbed past $419,000, more than five times what the median American makes.

  • Read more about How Rising Wages For Construction Workers Are Shifting The Foundations Of The Housing Market

Nebraska Auditor Raises Red Flag Over Rising Cost Of Rented Office Space For State Workers

Published by maggie@omahadai... on Thu, 05/08/2025 - 1:22pm
Nebraska State Auditor Mike Foley. 
(Rebecca S. Gratz / Nebraska Examiner)

LINCOLN — State government is paying about 37% more to lease commercial office space for employees today than five years ago — a hike from $16 million to $22 million that the Nebraska state auditor described Monday as “far more than necessary.”

  • Read more about Nebraska Auditor Raises Red Flag Over Rising Cost Of Rented Office Space For State Workers
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