The jobs data released Friday showed negligible change, but the employment report ‒ the last before the Federal Reserve’s next policy meeting, in November ‒ has fueled speculation about a Fed rate hike by the end of the year.

Before we get to the rate hike, let’s take a quick look at the jobs data and its implications for commercial real estate.

Gentrification is a slippery and divisive word, vilified by many for the displacement of the poor, the influx of speculative investors, the proliferation of chain stores, the destruction of neighbourhood authenticity; praised by others for the improvement in school standards and public safety, the fall in crime rates, and the arrival of bike lanes, street markets and better parks.

The multifamily market in Texas has cooled off on the lending and development front, and even leasing activity isn’t as robust as it once was in some markets.

Lodgeworks opened the first Archer hotel in Midtown Manhattan, and now is rolling out Archer Austin at Domain Northside — the new retail shopping district created by Austin-based Endeavor Real Estate Group.

What Trademark did north of Houston with Market Street Woodlands (above) it intends to do in West Houston with an 82-acre mixed-use town center at the junction of I-10 and Mason Road.

Completed in 1929 at 114 W. Seventh St., the 15-story Gothic Revival structure was once the tallest commercial building in the city — just a short walk from the Texas Capitol. Click on the photo with this story to see a slideshow of Norwood Tower and how it differs from the multitude of modern glass and steel skyscrapers around the city.

While most executives reported a "business as usual" approach in the month’s following June’s Brexit decision, there has been near constant speculation about how it will affect real estate markets and also, from day one onwards, speculation about whether companies would abandon London locations in favor of other European cities.

A Dutch designer has debuted a pollution-eating tower in Beijing, and hopes to install 800 more in public parks across China.

Occupancy levels at nursing homes around the country have hit 82.2 percent, a five-year low for the skilled nursing profession, according the National Investment Center for Seniors Housing & Care (NIC). A notable drop in skilled mix, the industry term referring to the level of nursing and other patient care administered in nursing homes, was the main driver of the overall dip in nursing home occupancy, according to NIC’s report.

Saturday 10/22/2016
8:00 am - 12:00 pm
Sammy's House
2415 Twin Oaks Drive

Make a donation below, contribute your talents and pool your resources with other RECA members to benefit Sammy’s House in our annual Christmas in October.

Tuesday 11/1/2016
11:15 am - 1:00 pm
Four Seasons Hotel
98 San Jacinto Blvd.

Public and Private Partnerships - Working Together for Better Parks
Should Austin's parks only offer vast open areas of often vacant grass? At Klyde Warren Park in Dallas and Discovery Green in Houston, the public and private sectors have worked together to create parks with innovative amenities that both communities have embraced. From restaurants to performance stages, these parks have become widely known as much for the experiences they offer as the open space they provide. How is Austin working with the private sector to improve our parks and what can we learn from these success stories?

Thursday 11/3/2016
11:00 am - 6:00 pm

Avery Ranch Golf Club
10500 Avery Club Drive