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Take a look inside Floyd Mayweather's new $25.5 million Beverly Hills mansion 0:42

Take a look inside Floyd Mayweather's new $25.5 million Beverly Hills mansion

Things get a little rowdy at troubled Northern California water district 1:19

Things get a little rowdy at troubled Northern California water district

Apartment construction takes off in midtown Sacramento 0:33

Apartment construction takes off in midtown Sacramento

How to truly respect the flag, according to U.S. Flag Code 0:31

How to truly respect the flag, according to U.S. Flag Code

How to avoid getting bitten by a dog 1:44

How to avoid getting bitten by a dog

How to avoid car theft 1:08

How to avoid car theft

Have you seen these fugitives? Sacramento's most wanted for the week of Sept. 19 1:42

Have you seen these fugitives? Sacramento's most wanted for the week of Sept. 19

'Run, Bernie, run,' San Francisco crowd chants 0:21

'Run, Bernie, run,' San Francisco crowd chants

Take a cruise over the aurora lights with NASA 0:23

Take a cruise over the aurora lights with NASA

Ladder safety 101: How to avoid painful falls 3:06

Ladder safety 101: How to avoid painful falls

  • Sneak preview of Sacramento's "Ice Blocks"

    Along R Street between 16th and 18th streets, a village of offices, shops and apartments called Ice Blocks is rising fast on the site of the former Crystal Ice plant, which burned to the ground in November 2015.

Real Estate News

Affluent get new housing options in Sacramento’s central city. Everyone else? Not so much.

Sacramento’s central city is experiencing a housing construction boom unlike any in generations. But it’s not enough. And what is being built is priced too high for many workers to afford.

Business & Real Estate

In hotels and homes, it's all about the experience, realty executive says

MINNEAPOLIS – When Steve Schlundt first joined Minneapolis-based CSM Corp. in the mid-1990s, the real estate company had only one hotel. Since then, CSM has built or purchased more than 50 hotels with nearly 7,000 hotel rooms across the United States. One of its latest is in Redmond, Wash., close to Microsoft Corp.'s headquarters. In the Twin Cities region, one of its better-known properties is the Renaissance Minneapolis Hotel, the Depot, which is currently being renovated to add more event space. The company also has residential and commercial properties. On its residential side, CSM is involved in a much-discussed apartment project it wants to build on a parking lot near the General Mills research facility in the Marcy-Holmes neighborhood of Minneapolis. "Having diversity in those types of businesses has allowed CSM to be able to weather downcycles and take advantage when business is strong," said Schlundt, who is the president of lodging and residential at CSM. He stressed that, whether they are living there or just staying for a few days at a hotel, people are looking for experiences in their homes and also in their hotels. Excerpts from an interview:

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'We know that this is just a start,' Assembly speaker says of housing bills

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Old greenhouses in the Salinas Valley are being converted to grow pot

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Have you seen these fugitives? Sacramento's most wanted for the week of Sept. 19 1:42

Have you seen these fugitives? Sacramento's most wanted for the week of Sept. 19

'Run, Bernie, run,' San Francisco crowd chants 0:21

'Run, Bernie, run,' San Francisco crowd chants

Take a look inside Floyd Mayweather's new $25.5 million Beverly Hills mansion

The French modern home was built in 1992 and sits on more than half an acre of land. It includes a guest house with a gym and 20-seat theater, a staff suite and a four car garage in addition to the main house
Video produced by Emily Zentner
Take a look inside Floyd Mayweather's new $25.5 million Beverly Hills mansion 0:42

Take a look inside Floyd Mayweather's new $25.5 million Beverly Hills mansion

'Milkshake' singer Kelis puts her Spanish-style Glendale home on the market 1:05

'Milkshake' singer Kelis puts her Spanish-style Glendale home on the market

'We know that this is just a start,' Assembly speaker says of housing bills 0:58

'We know that this is just a start,' Assembly speaker says of housing bills

Actress with big heart, family ties to Sacramento, has bought this $4.3M L.A. home 0:38

Actress with big heart, family ties to Sacramento, has bought this $4.3M L.A. home