RECA Weekly NewsWire

Real Estate Council of Austin®

Austin Tree Experts
Equity Secured Capital
United Heritage Credit Union
Top Stories
In a long-awaited move, the Fed raised interest rates .25% today, up from rock-bottom levels. What does it mean for the market? Here are some of the country's top economists' immediate take on the decision.

Visit https://www.bisnow.com/national/news/economy/rapid-reaction-top-economists-weigh-in-on-fed-rate-hike-53755?single-page to view the full article online.

 
The top U.S. banking regulators issued a forceful warning about commercial real estate lending on Friday, saying they will keep close watch on the segment next year as a recent swell in looser loan standards threatens banks' financial health.

Visit http://www.reuters.com/article/us-banking-regulations-loans-idUSKBN0U126P20151218 to view the full article online.

 
Don't panic if you see a holstered handgun on your client's hip on New Year's Day. Open carry takes effect Jan. 1, at which point Texans with concealed handgun licenses can legally carry their handguns in plain sight. Here's a look at the implications to property managers and landlords.

Visit https://www.bisnow.com/dallas-ft-worth/news/property-management/what-does-open-carry-of-handguns-mean-for-real-estate-managers-and-owners-53527 to view the full article online.

 
It's time to grab our crystal ball and peer into the magical realm of 2017 to see what the hotel occupancy levels will be.

Visit https://www.bisnow.com/national/news/hotel/record-us-hotel-occupancy-projected-through-2017-53455 to view the full article online.

 
Billionaire investor Sam Zell said the U.S. economy could go into a recession in the next year and that an expected Federal Reserve interest-rate increase is coming at least six months too late.

Visit https://www.naylornetwork.com/aus-nwl/articles/index.asp?aid=353870&issueID=43765 to view the full article online.

 
Everybody always wants to know Warren Buffett’s secrets, and now we know his latest: Sears’ spun-off REIT, Seritage Growth Properties.

Visit https://www.bisnow.com/national/news/commercial-real-estate/buffetts-stake-in-seritage-spurs-stock-price-surge-53558 to view the full article online.

 
Naylor Association Solutions
Local News
The Austin American-Statesman's prime 18.9-acre site on the south shore of Lady Bird Lake will be sold to a group of family members tied to its parent company, Cox Enterprises.

Visit http://www.bizjournals.com/austin/blog/real-estate/2015/12/austin-american-statesman-property-sold.html?ana=e_du_pub&s=article_du&ed=2015-12-15&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1450214667 to view the full article online.

 
Diane Butler, Beth Lambert, Eliza Solender and Leigh Richter shattered the glass ceiling to lead some of Dallas' biggest companies.

Visit https://www.bisnow.com/dallas-ft-worth/news/commercial-real-estate/how-these-4-women-prove-cre-isnt-a-good-old-boys-club-53407 to view the full article online.

 
Accesso Partners has stormed the Austin real estate market with its second huge acquisition this year. The Florida-based real estate investor snapped up 7700 Parmer Lane in north Austin, a 913k SF development with a price tag of nearly $200M, according to the Austin Business Journal. Tenants at the 129-acre, four-building complex include Google, Oracle, Ebay, Paypal and Electronic Arts.

Visit https://www.bisnow.com/austin-san-antonio/news/commercial-real-estate/florida-investment-group-invests-in-second-massive-office-campus-in-austin-53101 to view the full article online.

 
Johnson Trube & Associates LLC hired JE Dunn Construction to build "The Corner" utilizing the Prescient framing system. Prescient is a Denver-based building company that integrates software, engineering and pre-manufactured metal framing.

Visit http://www.bizjournals.com/austin/blog/real-estate/2015/12/ut-student-housing-project-set-to-break-ground.html?ana=e_du_pub&s=article_du&ed=2015-12-11&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1450113530 to view the full article online.

 
National News
From the resurgence of smaller retailers to what's next in mobile shopping, big changes are afoot in the retail industry.

Visit https://www.bisnow.com/new-york/news/retail/3-national-retail-brokerage-execs-tell-us-what-to-expect-in-16-53363 to view the full article online.

 
Infographic comparing greenhouse gass emmissions per capita, percent of cities' green space, etc.

Visit http://greenbuildingelements.com/2015/12/10/greenest-cities-in-the-us-in-2015/ to view the full article online.

 
Advances in information technology have generated enormous efficiencies in many industries, including manufacturing, transportation, communications, entertainment, retail and financial services. Yet in real estate, the largest industry of them all, innovation has lagged as agents and brokers have been slow to adopt new technologies.

Visit http://techcrunch.com/2015/12/11/how-startups-are-making-real-estate-businesses-more-efficient/ to view the full article online.

 
These are not your parents' dorm rooms. The decadent digs at these 10 schools are enough to make you want to bear calculus all over again.

Visit https://www.bisnow.com/national/news/student-housing/higher-end-learning-these-10-colleges-have-the-sexiest-housing-53265?single-page to view the full article online.

 
Crowdfunding has become something of a buzzword among investors these days and it’s been particularly well received in the real estate sector. Though it’s still in its infancy, real estate crowdfunding is rapidly reshaping the way individuals find and invest in properties. This shift has brought benefits not only for investors but also for real estate companies and for the real estate market as a whole.

Visit http://www.forbes.com/sites/navathwal/2015/12/02/how-crowdfunding-has-changed-real-estate-investing/ to view the full article online.

 
Events
Wednesday, Janurary13, 2016
11:15 am - 1:00 pm

The Four Seasons Hotel
98 San Jacinto Blvd.

Visit http://www.reca.org/events/event/january-ideas-forum-711884 to view the full article online.

 
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