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University enrollment is projected to rise to about 12 million students over the next 10 years and student housing construction is not likely to keep pace with demand in the near term.
Visit https://www.bisnow.com/national/news/student-housing/its-a-good-time-to-build-student-housing-heres-why-46164 to view the full article online. |
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5th + Colorado, The office tower under construction on the southwest corner of 5th Street and Colorado Street is making progress.
Visit http://buildingatx.com/2015/05/project-update-5th-colorado-photos/ to view the full article online. |
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Industrial activity in Austin is said to be "brisk" and in "better shape than it was five years ago," concludes a recent report from REOC Austin.
Visit http://www.globest.com/news/12_1122/austin/industrial/REOC-Austin-Industrial-Market-Is-Brisk-358426-1.html?ET=globest:e46557:852195a:&st=email&s=&cmp=gst:Texas_AM_20150531:editorial to view the full article online. |
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Here is an interesting factoid about the commercial real estate bank lending market: Currently bank lending for construction and development is growing faster than lending for completed buildings, according to a soon-to-be released independent analysis by Chandan Economics of call reports filed by banks with the Federal Deposit Insurance Corp.
Visit http://www.globest.com/news/12_1120/national/finance/Constructing-Lending-Grows-Faster-Than-Traditional-Loans-358341-1.html?ET=globest:e46533:852195a:&st=email&s=&cmp=gst:National_AM_20150527:editorial to view the full article online. |
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Pflugerville Community Development Corp. is offering new resources for Austin-area entrepreneurs as part of a new partnership with BiGAUSTIN.
Visit http://www.bizjournals.com/austin/blog/abje_news/2015/05/new-partnership-hopes-to-grow-pflugervilles.html?ana=e_aus_rdup&s=newsletter&ed=2015-05-26&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1432733496 to view the full article online. |
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As heavy rains continued to inundate Central Texas this week, several corporations and nonprofits in the region have stepped up to offer assistance to people, businesses and organizations affected by the flooding.
Visit http://www.bizjournals.com/austin/news/2015/05/29/central-texas-businesses-step-up-flood-relief.html?ana=e_du_pub&s=article_du&ed=2015-05-29&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1433348353 to view the full article online. |
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An era has ended for the Burnet Road location of the popular eatery The Omelettry. Its original home at 4811 Burnet Rd. is being demolished and will house a new development.
The restaurant has re-opened in a new location on Airport Boulevard. Visit http://buildingatx.com/2015/06/whats-next-for-the-former-omelettry-site/ to view the full article online. |
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A massive water park catering to surfers backed by a high-profile Denver businessman is being planned for the Austin area, with developers hoping to open in 2016.
Visit http://www.bizjournals.com/austin/news/2015/06/01/surfs-up-austin-developers-plan-12-acre-water-park.html?ana=e_aus_rdup&s=newsletter&ed=2015-06-02&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1433347206 to view the full article online. |
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Round Rock has been dubbed the third most-affordable place in America when comparing median household income to the average cost of living, in a study from personal finance website NerdWallet.
Visit http://www.bizjournals.com/austin/news/2015/05/22/why-this-central-texas-city-ranks-ahead-of-austin.html?ana=e_du_pub&s=article_du&ed=2015-05-22&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1432734119 to view the full article online. |
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Since Toyota Motor Corp. announced last year that it would move its North American headquarters to West Plano, office developers have been scrambling to get projects going in the area.
Visit http://www.dallasnews.com/business/commercial-real-estate/headlines/20150528-toyota-effect-developers-rush-to-start-offices-in-west-plano-and-frisco.ece to view the full article online. |
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Increases in seismic activity in Irving, Azle and more recently Venus, have thrust North Texas into the spotlight of earthquake activity in just the last few years.
Visit http://www.bizjournals.com/dallas/news/2015/05/20/whats-the-risk-expert-talks-earthquakes-and-real.html to view the full article online. |
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Old government buildings are turning into posh hotels, '80s-era office buildings into Millennial-friendly innovation hubs and empty warehouses into chic apartments. Developers are breathing new life into some of DC's oldest and most iconic buildings, and we got the latest on these projects this morning at our DC's Repositioning Boom.
Visit https://www.bisnow.com/washington-dc/news/commercial-real-estate/theres-more-than-one-way-to-reskin-a-building-46351 to view the full article online. |
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Some claim the traditional, enclosed mall is dead. But Matt Simon, the retail operator who is credited with elevating the profile of The Grove in Los Angeles, is the newly-minted vice president and senior general manager of Avalon. Avalon is North American Properties’ (NAP) mixed-use development in Alpharetta, GA, isn’t buying it.
Visit http://www.globest.com/news/12_1122/atlanta/retail/Are-Traditional-Malls-Really-Dead-358380-1.html?ET=globest:e46554:852195a:&st=email&s=&cmp=gst:National_AM_20150531:editorial to view the full article online. |
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Dennis Yablonsky, CEO of the Allegheny Conference, a community and economic development group, said the city frequently loses competitive projects due to a lack of ready real estate. Of the projects the organization courted between 2002 and 2014, it lost 197, or about a third of the total. Yablonsky said company leadership cited the lack of sites most frequently as the reason for the losses.
Visit http://crossroads.newsworks.org/index.php/keystone-crossroads/item/82494-with-ready-to-go-commercial-real-estate-in-short-supply-public-money-goes-to-developing-land- to view the full article online. |
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"If the non-traditional lender also has equity investments, it is more likely that it will be willing to accept alternative investment structures on the development side," Flores says. "This is because a lender with equity partners in its own projects understands that investors in today’s market may want other returns in lieu of capital, such as the right to acquire portions of the project, or the right to convert their investment into a real estate interest."
Visit http://www.globest.com/news/12_1121/miami/finance/Why-You-May-Want-a-Non-Traditional-Lender-358378-1.html?ET=globest:e46547:852195a:&st=email&s=&cmp=gst:National_AM_20150529:editorial to view the full article online. |
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When: Wednesday, June 10
11:15 AM - 1:00 PM Where: The Four Seasons Hotel 98 San Jacinto Blvd. The June Ideas Forum will feature a media panel analyzing the results of the 2015 Texas legislative session, with a particular focus on transportation and land development. Visit http://recaonline.site-ym.com/events/event_details.asp?id=625174 to view the full article online. |
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When: Thursday, June 11
From 2 PM to 3 PM Online Webinar Contact: Ryan Poulos ryan.poulos@reca.org Phone: 512-320-4151 Visit http://recaonline.site-ym.com/events/event_details.asp?id=634611&group= to view the full article online. |