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Top Golf, the upscale driving range and entertainment venue in North Austin, has a new landlord — Houston-based OrangeStone Capital. The 12-acre property, which includes a 65,000-square-foot clubhouse and 102 hitting bays, had been owned by an entity formed by Austin-based Endeavor Real Estate Group.
Visit http://www.bizjournals.com/austin/blog/real-estate/2015/06/land-under-austins-top-golf-sold-long-term-expect.html to view the full article online. |
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About a year from now the first students at The University of Texas Dell Medical School will begin their studies. The creation of the medical school as well as a teaching hospital—inside what is known as the Medical District—coincide with plans outlined by state Sen. Kirk Watson, D-Austin, as part of his "10 Goals in 10 Years" initiative. Officials plan to establish a nearby Innovation Zone in which private industry and health care startups can have access to the Medical District and possibly work hand-in-hand with partner organizations to spur further commercial and professional advances.
Visit http://communityimpact.com/medical-district-coming-to-life/ to view the full article online. |
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Dallas Fed researchers say maybe.
Two Federal Reserve Bank of Dallas researchers think the worst of the Texas economic slump may be over. "The Texas economy had a rough start in 2015, with a sharp deceleration in growth from the end of 2014," Dallas Fed senior economist Pia Orrenius and research assistant Emily Gutierrez wrote in a new report. Visit http://bizbeatblog.dallasnews.com/2015/06/is-the-worst-over-for-the-texas-economy-dallas-fed-researchers-say-maybe.html/ to view the full article online. |
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Freestanding ERs, urgent care facilities expand presence in Southwest Austin.
Convenience is a growing trend in health care, and freestanding emergency rooms, urgent care facilities and convenient care clinics are opening in the Southwest Austin area to meet demand for neighborhood doctors who can provide care when it is needed most. Visit http://communityimpact.com/the-convenience-revolution-in-health-care/ to view the full article online. |
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In case you haven’t figured it out, Austin is a very big city on the millennials’ map of America. More than 1 in 4 Central Texans is in the 20-to-34 year-old age group — the largest millennial share of a metro area’s population in the country.
Visit http://www.reca.org/blog/post/millenials-demand-more-urban-housing-choices to view the full article online. |
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In Texas, growth happens so fast that it almost feels like a tall tale. Can one state really attract so many businesses, create so many jobs, and draw so many new residents? Yes, yes, and yes – and thanks to the newly released 50-State Scorecard, everyone can view the raw data driving the Texas miracle. Part of the excellent "Texas transparency warehouse" (the nation’s biggest selection of data and tools related to state and local government finances), the Scorecard provides information about where Texas stands across 26 different metrics.
Visit http://www.forbes.com/sites/travisbrown/2015/06/22/low-taxes-and-economic-opportunity-in-texas-lead-to-youth-population-boom/ to view the full article online. |
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Investment real estate has been generally appreciating in this environment of expanding economic activity and low interest rates, but what will happen when the Fed tightens? Commercial investors should be fine for the first and second year of Fed tightening. After that, look for sluggish returns.
Visit http://www.forbes.com/sites/billconerly/2015/06/18/commercial-real-estate-forecast-after-the-fed-tightens/ to view the full article online. |
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Shortly after The Independent announced that 90 percent of its luxury high-rise condos have been reserved, word arrives that Austin Proper Residences are now available around the block.
Austin Proper Residences will be the for-purchase residential element of a 32-story high-rise that will feature the 243-room Austin Proper hotel — a new hospitality brand which will first debut in San Francisco, Austin and Hollywood. Visit http://www.bizjournals.com/austin/blog/real-estate/2015/06/austin-proper-residences-unveiled-towers-funding.html to view the full article online. |
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Now Texans can join in crowdfunding with rewards, says MassVenture CEO Nathan Roach. MassVenture just launched the first ever Texas equity crowdfunding project after getting the state’s blessing in February. The company offers everyday people the chance to invest in Texas projects ranging from commercial to residential real estate, to tech startups to brick-and-mortar businesses up to $1M.
Visit https://www.bisnow.com/austin-san-antonio/news/commercial-real-estate/crowdfunding-comes-to-texas-47253 to view the full article online. |
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Just hours after Forbes ranked Texas first in the United States as the best place to make a living, CNBC is reporting that Texas ranked second overall in the country as the top state for business.
Texas earned high marks in the CNBC study for infrastructure and transportation (No. 1); economy (No. 2); and access to capital (No. 6). But it earned low marks for quality of life (No. 33) with a high percentage of the population being uninsured and poor air quality. Visit http://www.bizjournals.com/austin/blog/morning_call/2015/06/texas-the-no-2-state-for-business-in-new-study.html?ana=e_aus_rdup&s=newsletter&ed=2015-06-25&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1435325692 to view the full article online. |
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Shifts in the population driven by baby boomers and millennials will have a major affect on real estate developments that cater to their lifestyles, according to The Counselors of Real Estate, which released its CRE 2015-16 "Top Ten Issues Affecting Real Estate" today.
The sheer numbers of people and transactions involved in the evolving needs of both groups will have a far-reaching effect across all real estate sectors in 2015 and beyond. Visit http://blog.chron.com/primeproperty/2015/06/top-ten-issues-affecting-real-estate/#33878101=10 to view the full article online. |
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When so many stakeholders are involved in a mixed-use property—retailers, residents and office workers—property management can be difficult. But constant communication keeps gears running smoothly. Federal Realty Investment Trust director of asset management Mickey Papillon shares his best practices.
Visit https://www.bisnow.com/national/news/property-management/the-secret-to-smooth-mixed-use-management-46595 to view the full article online. |
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ORLANDO—Commercial real estate brokerages have been steadily consolidating over the past couple of years. Larger firms are gobbling up smaller ones.
One of the most notable deals this year is the $2 billion merger of Cushman & Wakefield and DTZ. DTZ’s parent company, TPG Capital, is shelling out big bucks to buy CushWake from Exor SpA, its majority owner. Visit http://www.globest.com/news/12_1140/orlando/acquisitions_dispositions/Why-Brokerages-Will-Keep-Consolidating-359263-1.html?ET=globest:e46812:852195a:&st=email&s=&cmp=gst:National_AM_20150626:editorial to view the full article online. |
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Congress is once again racing towards a cliff as they debate funding for vital transportation and infrastructure projects. News that the economy shrank during the first quarter of 2015 should be a wake up call for Congress.
If Congress fails to act by July 31, infrastructure and transportation projects across the country will shut down during the height of the construction season, resulting in significant damage to an already fragile economy. Visit http://thehill.com/blogs/congress-blog/economy-budget/246034-give-the-us-commercial-real-estate-industry-the-green to view the full article online. |
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Date: 7/22/2015
Time: 6:00 pm - 10:00 pm Uncle Billy's BBQ/Zilker Park Austin, Texas Visit https://www.naylornetwork.com/aus-nwl/articles/index.asp?aid=328138&issueID=43741 to view the full article online. |
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Date: 8/12/2015
Time: 8:00 am - 1:30 pm JW Marriott 110 E 2nd St Austin, Texas 78701 Visit https://www.naylornetwork.com/aus-nwl/articles/index.asp?aid=328140&issueID=43741 to view the full article online. |