RECA Weekly NewsWire
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November 19, 2015 In This Issue
Top Stories
Local News
National News
Events
Austin Tree Experts
Equity Secured Capital
United Heritage Credit Union
Top Stories
City council members may soon make a decision on whether or not to put a $400 million bond on the November 2016 ballot that would fund a convention center expansion.
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A new 7-story apartment complex is under construction on a prime waterfront site downtown. CWS Capital Partners started construction last year on a new 264-unit residential complex at 300 E. Riverside Drive, located on Lady Bird Lake and adjacent to East Bouldin Creek.
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Could the Austin-San Antonio corridor one day become a megaregion like Dallas-Fort Worth? That's the rough takeaway of a LawnStarter analysis of Texas Water Development Board projections for growth in the two cities – and the lands in-between – by 2030.
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As commercial real estate firms step up their use of technology, they are as vulnerable as anyone to cyber attack. Yet many are unaware of the threat. Fortunately, accounting firms are here to offer protection, or at least awareness.
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Naylor Association Solutions
Local News
Roughly 9,000 California companies moved their headquarters or diverted projects to out-of-state locations in the last seven years, and Texas has been a prime beneficiary of the Golden State’s "hostile" business environment.
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The Austin area’s multifamily allure is attracting national attention and numerous investors, but could the high volume of new construction scare some away?

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Recently, ULI’s Emerging Trends report ranked Dallas-Fort Worth as the nation’s top real estate market for 2016. That’s not a surprise, given our strong economy. What did surprise me, though, is that retail is still lagging. Although I get this for other markets around the country, our growth trajectory in North Texas suggests we should be seeing more new development.
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The University of Texas System announced Nov. 5 that its board of regents approved the purchase of more than 300 acres in Southwest Houston. That land could be the catalyst for future development in the region, experts said.
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National News
The healthcare real estate market is very healthy and it seems to have incrementally improved every year since the economic downturn. Performance at the asset-level has been stable, a characteristic of the sector through economic cycles, and is exhibiting better than inflationary growth. The investment market continues to be defined by more capital, especially from institutional sources such as pension funds, endowments, etc., than investment opportunities, thereby compressing yields and increasing values.
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A new report finds combining solar and storage at affordable housing projects can pay for itself if the conditions are right
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One of the biggest challenges in reversing homelessness is finding the types of jobs that will help people return to self-sufficiency. A DC-area real estate executive may have found an answer.
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"We want to redefine the way people think about leases," Jack says. Ditchthespace.com has landed 25,000 listings to date, mostly through word-of-mouth, he tells us.
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Events
Tuesday, December 15
11:15 am - 1:00 pm

The Four Seasons Hotel
98 San Jacinto Blvd.
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Thursday, February 4, 2016
6:30 pm - 11:30 pm

JW Marriott
110 E. Second Street

RECA’s signature event, the shindig to end all shindigs, the one that started it all...KNOCKOUT NIGHT! This black-tie, fundraising gala is complete with a cocktail reception and dinner, casino gaming, entertainment and more! Sponsoring this event is a wonderful outreach opportunity to position you and your company to existing and potential customers and contacts. Proceeds from this event fund RECA's continued operations as the leading voice for commercial real estate.
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