If a state’s economic health can be measured by economic development activity, then Texas is in great shape, according to Site Selection Magazine, which has awarded the Lone Star State its annual Governor’s Cup after ranking it No. 1

The area is mounting a revitalization as both major employers and desirable retailers move into the neighborhood.

The report, from Ted Moudis Associates, encompasses over 2.5 million sf of workspace built over the past two years.

That is the largest quarterly increase since Chandan Economics began keeping records in 2003.

The borrower plans to develop 100% of the vacant space of the former Wal-Mart into self-storage space coupled with a sports entertainment tenant taking the balance of the space.

Luxury for lease is the selling agenda at each and every one of those on the top 10 list of largest apartment developments completed last year in Austin.

USAA Real Estate Co plans to invest in more than $650M of multifamily ground-up development around the US this year (same as last year) with an eye on San Antonio for some of those projects.

After embarking on a first-of-its-kind PPP for student housing with the University System of Georgia, Corvias Campus Living’s leadership conducted a survey of over 100 higher ed execs and administrators to learn exactly what's needed in a student housing partnership at a macro level.

43.5% of respondents said fewer illegal workers means more U.S.-born or other legally authorized workers will enter the residential construction workforce, but 40% said that high labor costs will force homebuilders to shift to the higher-margin, luxury end of the market to see profits.

Earlier this month, Manhattan U.S. Attorney Preet Bharara struck a deal with developer Glenwood Management for violations of the FHA. Prosecutors said Glenwood designed and constructed at least three buildings that violated the FHA. The company must pay $900,000 in compensation and a civil fine of $50,000 for what prosecutors said are "scores of inaccessible features," such as thresholds and mailboxes out of reach of those in wheelchairs.

Many of the prospective residents in the student housing sector, and their parents, are savvy shoppers and successful operators will pay close attention to the details, said a panel of CEOs.

Thursday, April 28
11:15 a.m. - 1:00 p.m.

Four Seasons Hotel
98 San Jacinto Blvd

Join us as we celebrate RECA's 25th anniversary with a panel discussion between the organization's founders