RECA Weekly NewsWire
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October 22, 2015 In This Issue
Top Stories
Advocacy
Local News
National News
Events
Austin Tree Experts
Equity Secured Capital
Top Stories
One of the primary ways commercial real estate brokerages differentiate their business and tout expertise is through in-depth data reports. More brokerages have been upping their research game in Austin and now there's new competition — the Real Estate Council of Austin.
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The 10 most popular ideas from MobilityATX, in order of popularity based on upvotes are shown here as worded on the platform:
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What’s the latest in construction and (re)development projects along South Lamar Blvd. in the 78704?
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Fort Lauderdale, Florida, Miami, Austin, Texas, Los Angeles and San Jose, California, notched spots on Auction.com’s list of top buy markets thanks to growing rents and low vacancy projections.
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Advocacy
There are certain clauses that a commercial tenant should look into before entering into a commercial lease. When reviewing a lease agreement, the tenant’s goal should be to protect themselves, keep terms flexible and save costs as much as they can.
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United Heritage Credit Union
Naylor Association Solutions
Local News
An Australian investment company is gung-ho on Austin — with plans to spend up to $100 million in the local housing market, according to its broker.
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Bartlett Cocke General Contractors earned top honors for "green" construction from the Engineering News-Record, the construction industry trade publication.
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Unlike landowners who don’t own the crude oil beneath their property, however, those who don't own their groundwater have no explicit protection from unfettered development under state law.

That could change, with the Texas Supreme Court set to consider an appeal from a South Plains cattle and gaming ranch that sued the city of Lubbock for trying to expand an existing water well field on the 26,600-acre ranch. Throughout the case, lawyers for Coyote Lake Ranch have argued that a well-established provision in oil and gas law known as the "accommodation doctrine" should also apply to "severed" groundwater.
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With its population growth and vibrant economy, plenty of national and regional retailers have their eye on Austin, but in many cases they’re finding there’s not much room available to enter the market, local real estate veterans say.
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National News
Optimizing value in almost any type of investment requires a systematic approach to both acquiring the asset and then determining the best way to realize the value without compromising the asset’s long-term worth.
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To be sure, the health-care space is a little different both from a landlord and tenant perspective. For example, when negotiating a renewal Norris takes the extra trouble to educate his clients on their value as an existing tenant to the landlord. Oftentimes physicians are unaware they have this bit of leverage, he says.
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Updating office product is all the rage in an age where land is scarce and expensive. But before following the crowd and paying to develop creative space, consider whether it pays in the long run.
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Builders are facing delays and rising costs as they struggle to find enough construction workers.
That’s partly a function of the housing boom and bust, which helped push industry-wide employment above 7.7 million in 2006, only to watch it come crashing down by nearly 2.3 million over the next five years. While builders are used to ups and downs, the most recent bust was extreme in magnitude and duration.
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Events
Tuesday, November 17
11:15 am- 1:00 pm

The Four Seasons Hotel
98 San Jacinto Blvd.
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