RECA Weekly NewsWire
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February 25, 2016 In This Issue
Top Stories
Local News
National News
Austin Tree Experts
Equity Secured Capital
United Heritage Credit Union
Top Stories
Investors and market observers disagree on whether prices will drop - and on the severity of the correction if there is one.
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Despite grim expert forecasts, a CBRE report says the global economic outlook is generally positive. However record-low oil prices and interest rate uncertainty could spell trouble in some developing countries.
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The American Institute of Architects surveyed leading architects to find out their perspectives on how nonresidential building design will change over the next 10 years, and it determined that renewable energy and technological innovations will play key roles.
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The tower crane is being assembled this weekend for the Shoal Creek Walk project, a 15-story office tower at 835 W. 6th Street near the Whole Foods Market headquarters.
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Local News
The office was designed to encourage communication and collaboration between employees with an open floor plan and ample room for expansion.
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Surfing is one of several sports that have been shortlisted for possible inclusion in the 2020 Olympic Games in Tokyo. And Wavegarden is one of several wave-making technologies vying for the International Olympic Committee’s attention.
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President Obama earmarked $174M in federal money to help two Dallas-area rail projects, which could help ease north Texas traffic congestion. Additionally, a second light rail line in downtown Dallas has inched closer to qualifying for federal funds.
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Population growth and job expansion is creating increased demand for accompanying office and retail space to provide services to residents.
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National News
Our focus on multifamily/residential is based on the fact that we believe these sectors have superior long-term, risk-adjusted returns relative to other real estate asset classes. Other property types have particular challenges (the changing face of office and the Internet disintermediating traditional brick-and-mortar retail, as two examples).
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Centrica was completely gut renovated in 2015 to feature the physical characteristics that are valued by collaborative-type employers, including expansive ceiling heights, an efficient and flexible layout, and significant infrastructure upgrades. The property offers a six per 1,000 parking ratio, which is expandable to 10 per 1,000. Additionally, with more than nine acres of the site area located in a district targeted for future growth, Centrica offers investors potential upside through expansion or further development.
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CNL Healthcare Properties spent $1 billion on acquisitions and development in 2015. Find out what the seniors housing and care sector’s prospects look like for this year.
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Net-zero energy buildings are today’s ultimate green building statement. From the proposed Bride of the Gulf in Basra, Iraq — which will be the tallest building in the world if completed — to Tesla's gigafactory in Reno, NV, the biggest players in building design and innovation are choosing the net-zero path.
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Using advanced design computation, a design team demonstrates how to ‘erase’ a building’s shadows.
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