The CRE boom has been quite magnificent. But as sure as night follows day, there will be a bust. That process has probably already started given the credit deterioration suggested by the CMBX indices.

As a growing population of older adults emerges, timeworn notions of aging no longer fit. Older adults are staying in the workforce longer and anticipating more meaningful "golden years." New attitudes about work, health, housing, education, transportation, and other needs are evident. Millions of aging adults are upending convention, seeking to remain active and contributing members of their communities. A revolution in the
"culture of aging" is underway.

Energy officials from the world’s largest economies are meeting in San Francisco with the aim of accelerating the shift to zero-carbon power. Today, they announced a new campaign that will grease the wheels for businesses to buy into renewable energy.

Enter the Center for Advanced Urbanism (CAU) at the Massachusetts Institute of Technology (MIT), which is determined to make designers think about the suburbs, and to think about them in a particular way. The center’s biennial research theme is the "Future of Suburbia," and in late March/early April it hosted an exhibition and a conference by that name at the university’s Media Lab. The culmination of the effort—which has involved a dozen MIT faculty and more than 100 experts from around the globe—will be Infinite Suburbia, a 1,200-page tome that Princeton Architectural Press will publish in fall 2017. All in all, CAU is making a concerted bid to reposition suburbia as a serious subject of design inquiry. It couldn’t have come soon enough.

Austin officials, facing uncertainty over the future of ridesharing services since the industry's two biggest players left the city, are now pitching the Texas capital as an open market for such companies.

Capsa Ventures is building a new project of micro-condos in East Austin that will feature studios, and one- and two-bedroom urban walk-ups as well as commercial flex space. The building will be called Fourth&.

Highland Village, a 120k SF shopping center at 6929 Airport Blvd in Austin, will be renamed the Crescent and receive extensive capital improvements, including parking lot upgrades, a new pylon sign and monument and directional signage, and new landscaping.

The $289 million expansion of Austin-Bergstrom International Airport has gotten underway, with crews closing Gate 4 last week. The nine-gate addition will add 70,000 square feet of terminal concourse space and expanded flight capacity. Hensel Phelps Construction Co. is the general contractor and Gensler is handling the architectural design for the addition, which will boost the number of ABIA gates to 33.

It’s no secret that the greatest measure of success in the real estate industry is high occupancy rates. Yet architects, builders and developers who ignore Millennial lifestyle trends and working preferences in the housing they construct and the model home interiors they use to showcase their units, will have a hard time attaining this goal today—and more so in the future.

Currently, industrial supply isn’t coming close to meeting the appetite from new tenants. The e-commerce boom and port growth have helped shrink industrial vacancy to near zero percent in popular markets. Rents have increased at a record pace, with per-month costs for logistics centers increasing 5.6 percent in the Americas year-over-year, according to a recent report from real estate services firm CBRE.

In the first quarter of 2016, there were 163 transactions of medical office buildings totaling more than $1.8 billion in volume, according to estimates by CBRE, the nation’s largest real estate services provider, in its latest "National Healthcare Real Estate Investor Update."

After four-1/2 years of planning setbacks, financing issues and legal battles with retail tenants, Woodland Hill, CA-based NewMark Merrill Cos. was finally ready in November 2015 to show off its 480,000-square-foot Village At the Peaks lifestyle center, successor to the outdated mall built more than 30 years ago and demolished in 2014.