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While many fear the end of the current economic cycle, the fact that the recovery was so protracted leads me to believe that we may have another two years left in the current growth cycle.

Visit http://nreionline.com/finance-investment/five-trends-affecting-commercial-real-estate-looking-ahead-2017?utm_source=Sailthru&utm_medium=email&utm_campaign=Issue:%202016-09-27%20Construction%20Dive%20Newsletter%20%5Bissue:7395%5D&utm_term=Construction%20Di to view the full article online.

 
As retailers that have traditionally served as mall anchors, be they department store chains or big-box players, announced major store closings this year, co-tenancy clauses have become an area of risk in a shaky market.

Visit http://nreionline.com/retail/anchor-stores-close-co-tenancy-clauses-can-still-cause-more-problems?NL=NREI-21&Issue=NREI-21_20160920_NREI-21_494&sfvc4enews=42&cl=article_1&utm_rid=CPG09000007870129&utm_campaign=7103&utm_medium=email&elq2=e1cba4b663de42bc8f to view the full article online.

 
Two-thirds of building owners surveyed also said that health considerations affect how they design and construct buildings. Sixty-nine percent of owners who measure employee satisfaction and engagement reported improvement in both attributes due to their healthier building investments. These findings are included in the report, "The Drive Toward Healthier Buildings 2016."

Visit http://www.bdcnetwork.com/healthy-buildings-becoming-key-design-priority-both-architects-and-building-owners?eid=328250481&bid=1536612 to view the full article online.

 
Boston Federal Reserve President Eric Rosengren has recently expressed concern about leaving the interest rate at its current low level for too long, potentially creating asset price bubbles. He had singled out the commercial real estate sector in particular, according to an article in the Wall Street Journal.

Visit http://nreionline.com/finance-investment/fed-decision-means-more-same-cre-investors?NL=NREI-21&Issue=NREI-21_20160922_NREI-21_504&sfvc4enews=42&cl=article_1&utm_rid=CPG09000007870129&utm_campaign=7131&utm_medium=email&elq2=463c7b2b1fba42d4aa3192e42b9626be to view the full article online.

 
Local News
Austin Proper Residences will include 244 hotels rooms and a limited collection of 99 residences and penthouses atop the Austin Proper Hotel.

Visit https://www.cpexecutive.com/post/austin-proper-welcomes-goldman-sachs-as-capital-partner/ to view the full article online.

 
Developers have doubled the size of the entertainment and retail portion of the project to 200,000 square feet, and they have accelerated the construction schedule for the 300-room hotel and 35,000-square-foot convention center also planned for the site so that all three components will be complete in time for the 2018 Major League Baseball season.

Visit http://www.constructiondive.com/news/texas-rangers-ramp-up-texas-live-schedule-price-tag/426799/ to view the full article online.

 
National News
Windows, desks and employees are being wired up in a quest to create healthy, evidence-based environments.

Visit http://www.nature.com/news/the-office-experiment-can-science-build-the-perfect-workspace-1.20589 to view the full article online.

 
The latest efforts are attempts to temper skyrocketing rents, especially as more tech jobs flood into cities outside of Silicon Valley. Over the last five years, Bay Area rents have more than doubled, including in the cities considering rent control measures, the San Francisco Chronicle reports.

Visit https://www.bisnow.com/san-francisco/news/affordable-housing/rent-control-in-bay-area-big-topic-in-november-65108?be=aarnold%40naylor.com&utm_source=Newsletter&utm_medium=email&utm_campaign=fri-16-sep-2016-000000-0500_multifamily to view the full article online.

 
The Sacramento Kings announced Thursday that their new downtown arena had been certified LEED Platinum by the U.S. Green Building Council, "the highest level of global recognition for environmentally conscious buildings and organizations." The team said Golden 1 will be the first indoor arena to achieve that status.

Visit http://www.sacbee.com/news/local/city-arena/article103337852.html to view the full article online.

 
Events
Date: 10/11/2016
Time: 11:15 am - 1:00 pm
JW Marriott
110 E 2nd Street

The November transportation bond... the MoPac Express Lanes... Mobility35... It's a lot of projects with a lot of names, but are all these initiatives really going to get Austin moving again? In this special Ideas Forum with our partner CTCAR, get the latest updates from local and regional transportation leaders and how they're coordinating to improve mobility in Central Texas. Do you have any questions you want the panelists to cover? Email ryan.poulos@reca.org.

Visit http://www.reca.org/events/event/october-ideas-forum-851921 to view the full article online.

 
10/22/2016
8:00 am - 12:00 pm
Sammys House
2415 Twin Oaks Drive

Make a donation below, contribute your talents and pool your resources with other RECA members to benefit Sammy’s House in our annual Christmas in October.

Visit http://www.reca.org/events/event/christmas-in-october-818757 to view the full article online.

 
11/3/2016
11:00 am - 6:00 pm

Avery Ranch Golf Club
10500 Avery Club Drive

Visit http://www.reca.org/public/uploads/files/events/Golf_2016_Sponsorship_Menu_09.29.16_FILLABLE.pdf to view the full article online.

 
RECA Real Estate Council of Austin®
98 San Jancinto Blvd. Suite 510 - Austin, Texas 78701
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