Omaha daily bee., 1908-07-05
REAL ESTATE TALK
South Omaha Property Begins to
Interest Laborers.
FACTORY SITES IN THE EAST END
Property Around Twelfth and Daven-
port and in that Vicinity Gets
Another Life by Loose
Wiles Purchase.

New interest in South Omaha real es ate
is evidenced from the fact that during
the two weeks two large loans have
been made by insurance companies
on South Omaha city property. Ths
loans were made by compani 5 which
in the past have refused to con-
slider anything in the way OF South
Omaha mortgages. and one of the com
panies readily loaned $4,000 on a residence
with a small acreage tract.
THE insurance conn anies are still bid
ding for good loans on Omaha property
said Thomas Brennan, financial agent for
some of the strongest companies in the
United States. And how liberal they are
may be judged from the fact that one
company which has refused for years to
consider South Omaha property has sent
me notice that they are in the market
for South Omaha mortgages"
When the Loose-Wlles Cracker and
Candy company of Kansas City bought a
site from George & Company at Twelfth
and Davenport streets, for a new cracker
factory during the week, it became more
apparent to real estate dealers that prop
erty in that vicinity will soon be at a pre-
MUM for factory sites, and that business
will push on down east to Ninth street,
WuGIt ullutSll dblt property Will III We .
placed by warehouses and factories. From
the number Of inquiries which are being
received daily it would not surprise our
location Of industries committee IL half a
dozen factory buildings were erected in the
vicinity Of Twelfth and Davenport Streets
said ]. NJ. Guild, commissioner Of the Com
mercisl club. II believe the location is the
best which we now have to offer factories
and have requested all those who own
sites in the vicinity to list them with the
Commercial club. The traCkage facilities
in the northeast part Of the business dis
trlct are unsurpassed and this means better
values"
Small business deals continue the feature
Of the real estate situation in Omaha. Lots
worth from 500 to 1900 and 81, 100 ara
selling by the score. Some of the dealers
record as high as three to five a day such
lots and many small homes are being
erected as a result. A large number OF
sales ranging from 5000 to 5000 are also
recorded each week, but there is not the
big dealing of a year ago and two years
ago. A list Of sales furnished by Birkett &
TIE bbens is typical Of the ssles most common
at this time of the year. This list in
cludes:
From Birkett & Tebbins to ]. witachek,
house and lot on L~eavenworth between
Twenty-sec nd and Invent = hi d s rect . to
Joseph Duffy. cottage at 1913 South Twenty
fifth street; to Frank Wi thsafter, residence
at the northeast corner of Twenty-seventh
and Harvey streets; to Clara Giesen, cot
tsge at Twenty-fourth and Maple streets;
to Mrs. c.. E. Vinegar, cottage at Twenty
sixth and Shaler; to A. w. Raymond, resi-
dence at Fifteenth and Grace streets; to
Rose Maxman, residence at Twenty-second
and Grace; to Cecilia Ruser, seventeen
room hotel building at Twenty-fourth and
Vinton streets; to Mrs. w. o. Walling,
residence at Twentieth and Maple streets.
c. NJ. Rich has sold for the heirs of the
estate of the late Ellen Bishop. $50 acres
of York county land for S26,75O cash, to
Fred Heinzman, jr., Of Phillips, Neb. Mr..
Rich has had a good demand for farm
lands, and especially for small farm homes.
He sold during the week a twenty-acre
fruit farm between South Omaha and
Ralston for 5000 to T. j. Farnsley. The
,ract was owned by o Steel Of Omaha.