RECA Weekly NewsWire

Real Estate Council of Austin®

Austin Tree Experts
Equity Secured Capital
United Heritage Credit Union
Top Stories
These have been interesting times for anyone with wealth tied up in real estate, to say the least.

Visit http://fortune.com/2015/12/03/best-real-estate-markets/ to view the full article online.

 
In 2016, millennials have the power to remake the real estate landscape wherever they choose to settle. But where will that be?

Visit http://www.realtor.com/news/trends/where-the-millennials-move-to-in-2016/ to view the full article online.

 
Naylor Association Solutions
Local News
The eight-story structure will feature dramatic architecture and is scheduled to open to students next fall. It is being built using a framing technology developed by Prescient, a Denver, CO.-based software design and structural system manufacturing company. The pre-manufactured metal framing system has been proven to offer a faster, greener and more cost-effective alternative to conventional structures.

Visit http://www.globest.com/news/12_1253/austin/multifamily/The-Corner-Set-to-Debut-Next-Fall-364044-1.html?ET=globest:e48347:852195a:&st=email&s=&cmp=gst:Texas_AM_20151207:editorial to view the full article online.

 
Completing the land acquisition is the final step in the predevelopment process for the 58-story, 370-unit condo tower, being developed by Constructive Ventures and Aspen Heights. Demolition and site work activity is set to begin this month.

Visit http://buildingatx.com/2015/12/land-closes-for-the-independent/ to view the full article online.

 
A new tech startup to Houston has a new service that it calls the "Uber for commercial real estate."

Visit http://www.bizjournals.com/houston/morning_call/2015/12/new-tech-startup-to-houston-aims-to-disrupt-cre.html to view the full article online.

 
The Sisters of the Incarnate Word chose the San Antonio-based firm to list their three-story, 44,000-square-foot convent in the center of downtown Victoria, citing the company's experience with urban infill and historic tax credits. Built in 1904 and with an asking price of $2.5 million, the property has the potential to be transformed into a boutique hotel or mixed-use development.

Visit http://www.bizjournals.com/sanantonio/news/2015/12/08/nuns-look-to-yndo-s-infill-experience-to-help-in.html to view the full article online.

 
National News
Changing a company’s space can define its current culture as well as help it to achieve its corporate goals.

Visit http://www.globest.com/news/12_1248/orangecounty/office/How-Office-Design-Dictates-Behavior-363839-1.html?ET=globest:e48347:852195a:&st=email&s=&cmp=gst:Texas_AM_20151207:editorial to view the full article online.

 
Investors and owners who are building one-user "enterprise" centers are now combing the country for secondary markets where land is cheap and safe (meaning there are as few regularly occurring natural disasters as possible), and where the best development incentives and low power prices can be found.

Visit http://nreionline.com/industrial/5-most-affordable-markets-data-centers#slide-0-field_images-1824441 to view the full article online.

 
Building owners are turning to specialists and qualified general contractors to help them protect their investments by making better—and earlier—decisions about building enclosure systems.

Visit https://www.bisnow.com/atlanta/news/commercial-real-estate/how-solid-is-your-building-exterior-53376 to view the full article online.

 
Events
Thursday, February 4, 2016
6:30 pm - 11:30 pm

JW Marriott
110 E. Second Street

RECA’s signature event, the shindig to end all shindigs, the one that started it all...KNOCKOUT NIGHT! This black-tie, fundraising gala is complete with a cocktail reception and dinner, casino gaming, entertainment and more! Sponsoring this event is a wonderful outreach opportunity to position you and your company to existing and potential customers and contacts. Proceeds from this event fund RECA's continued operations as the leading voice for commercial real estate.

Visit http://www.reca.org/events/event/knockout-night-471224 to view the full article online.

 
RECA Real Estate Council of Austin®
98 San Jancinto Blvd. Suite 510 - Austin, Texas 78701
info@reca.org | www.reca.org