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Real Estate Council of Austin®

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The following items are at stake on both sides of the issue: worker safety, congested traffic, added pollution, loss of sleep by people who reside downtown, driver employment, higher building costs, longer construction schedules and volatility of concrete material.

Visit http://www.reca.org/blog/post/concrete-pours-downtown-the-good-the-bad-and-the-ugly to view the full article online.

 
There were four Texas cities in the top 20 for population growth in the referenced time period, with Austin and San Antonio checking in at 14th and 15th, respectively, in population growth.

Visit http://www.housingwire.com/articles/36596-what-cities-are-growing-the-fastest-census-bureau-reveals-2015-results?utm_source=Sailthru&utm_medium=email&utm_campaign=Newsletter%20Weekly%20Roundup:%20Construction%20Dive%2004-02-2016&utm_term=Construction%20Di to view the full article online.

 
RECA recently released first quarter 2016 commercial real estate data on its website. The numbers indicate continued strong demand for office, industrial and retail space throughout the city as vacancy rates remain exceptionally low.

Visit http://www.reca.org/blog/post/2016-first-quarter-austin-commercial-real-estate-numbers to view the full article online.

 
A new white paper addresses the nation’s $3 trillion public infrastructure crisis and how public private partnerships offer a possible solution.

Visit http://www.bdcnetwork.com/aia-public-private-partnerships-could-solve-nation%E2%80%99s-public-infrastructure-crisis?eid=335066522&bid=1359784 to view the full article online.

 
After a month-long bidding war (or more like a soap opera...) between Anbang and Marriott over Starwood Hotels and Resorts, Marriott surprisingly emerged the victor—even though Anbang put up the "superior proposals," before ultimately withdrawing last week.

Visit https://www.bisnow.com/national/news/hotel/behind-the-anbang-marriott-starwood-bidding-war-a-step-by-step-breakdown-58279?be=aarnold%40naylor.com&utm_source=Newsletter&utm_medium=email&utm_campaign=wed-06-apr-2016-000000-0500_national-re to view the full article online.

 
Local News
Wages in Travis County grew faster than any other large county in Texas last year, according to new data from the U.S. Bureau of Labor Statistics.

Visit http://www.bizjournals.com/austin/news/2016/04/01/wages-growing-in-travis-pay-much-lower-in-austin.html?ana=e_aus_bn_newsalert&u=QQstFqthh1Uzawg11yYSEw06e9dd6a&t=1459540253&j=71971692 to view the full article online.

 
This is not your grandmother’s retirement home, with two levels designated as penthouse suites, a private wine room, a bistro/coffee bar and a cocktail lounge.

Visit http://www.globest.com/sites/lisabrown/2016/04/04/assisted-living-center-takes-on-modern-amenities/?kw=Assisted%20Living%20Center%20Takes%20on%20Modern%20Amenities&cn=20160404&pt=Texas&src=EMC-Email&et=editorial&bu=REM to view the full article online.

 
The downturn was sudden. This was a good thing because it turned off the supply pipeline spigot abruptly. If the drop in the price of oil had been more gradual, there could have been hundreds of thousands of square feet of office space already underway in the pipeline. And that would have made the crunch that much worse.

Visit http://www.globest.com/sites/erikamorphy/2016/03/31/houstons-cre-community-has-seen-this-all-before/?slreturn=20160305153232 to view the full article online.

 
National News
As demand for student housing continues to grow, the way these developments are designed and built is changing.

Visit https://www.bisnow.com/national/news/student-housing/4-things-to-know-student-housing-in-boston-57810 to view the full article online.

 
Technology is a core part of commercial real estate lending, development, leasing, selling and buying. Today, it’s hard to imagine any of these sectors functioning without things like online platforms and databases, design software or data management programs.

Visit http://www.globest.com/sites/partnerESI/2016/03/31/how-tech-changes-the-value-of-brick-and-mortar-real-estate/?kw=How%20Tech%20Changes%20the%20Value%20of%20Brick%20and%20Mortar%20Real%20Estate&cn=20160405&pt=National&src=EMC-Email&et=editorial&bu=REM&slre to view the full article online.

 
The transition from traditional office space to collaborative and activity-based work environments requires preparing employees to use the space successfully and addressing pushback to assure maximum productivity.

Visit http://www.globest.com/sites/carrierossenfeld/2016/03/31/how-change-management-aids-the-shift-to-collaborative/?kw=How%20Change%20Management%20Aids%20the%20Shift%20to%20Collaborative&cn=20160331&pt=National&src=EMC-Email&et=editorial&bu=REM to view the full article online.

 
Boutique hotels have distinctive designs and provide guests with personalized service and unique experiences. Traditional hotel chains, including Curio by Hilton and Autograph by Marriott, have copied the concept to compete with independent boutique operators.

Visit https://www.bisnow.com/national/news/hotel/boutique-hotel-guru-mike-depatie-discusses-hotel-industry-worries-58226?be=aarnold%40naylor.com&utm_source=Newsletter&utm_medium=email&utm_campaign=wed-06-apr-2016-000000-0500_national-re to view the full article online.

 
Events
Thursday, April 28
11:15 a.m. - 1:00 p.m.

Four Seasons Hotel
98 San Jacinto Blvd

Join us as we celebrate RECA's 25th anniversary with a panel discussion between the organization's founders

Visit http://recaonline.site-ym.com/events/EventDetails.aspx?id=780998 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