Advocacy
As the only member of the Texas House Transportation Committee hailing from Austin, freshman Democratic Rep. Celia Israel has vowed to bring the region’s gridlock woes to the Capitol. She recently told the Austin Monitor about a few of the bills she filed this session with the goal of providing mobility improvement tools to Central Texans.
Visit http://www.austinmonitor.com/stories/2015/04/austin-representative-takes-transportation/ to view the full article online.
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National News
As Blackstone’s top executives fan out across the globe, pitching their services at elite gatherings of investors, they invariably tell the crowd: Hope you guys like this hotel, because we own it. When it comes to real estate, Blackstone owns a lot more as well. The private equity firm, while better known for its huge buyouts in the deal boom before the financial crisis, is the largest private sector landlord in the United States. And that was the case even before General Electric announced on Friday that it would sell a $14 billion chunk of its real estate assets to Blackstone’s fast-growing property division as part of the conglomerate’s retreat from finance.
Visit http://www.nytimes.com/2015/04/13/business/dealbook/blackstones-deal-with-ge-highlights-its-real-estate-holdings.html?emc=edit_au_20150413&nl=afternoonupdate&nlid=71132907&_r=2 to view the full article online.
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Commercial and industrial real estate activity has been seeing a recent uptick. With a shift from a tenant/buyer market to a landlord/seller market, it’s time for buyers to do their homework and bid aggressively before an attractive opportunity is lost.
Visit http://www.sbnonline.com/article/116939/ to view the full article online.
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Events
When: Thursday, June 11 From 2 PM to 3 PM Where: Online Webinar If you regularly work on Traffic Impact Analysis (TIA) then you need to watch this webinar. You’ll learn everything you need to know about TIA requirements for new development projects as well as how and when to effectively incorporate a traffic engineer into your project team. You’ll also learn about the differences between a TIA, Traffic Study and Parking Study.
Visit http://recaonline.site-ym.com/events/event_details.asp?id=634611&group= to view the full article online.
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