A couple transforms a defunct factory/warehouse and abandoned gas station into live/work units for lease—and a private art studio/home for themselves.
The Trepp survey for the week ending November 7, 2014, showed average spreads basically unchanged as lenders and borrowers alike focus on getting 2014’s remaining deals “papered” by December 31. Absent the appearance of a “black swan,” we expect nothing of note to change over the next six weeks. All-in cost remains in the wildly attractive 3.50 to 4.00 percent range.
While voters were deciding on control of the U.S. Congress and several state houses, they were also voting on 146 ballot measures, many of which benefited plans for smarter growth and green space.
In an effort to reduce greenhouse gas emissions, promote multimodal transportation, and create a diversity of land uses, California has enacted a bill that will alter the way that transportation impacts are evaluated under the California Environmental Quality Act (CEQA).
The U.S. Surgeon General urged land use professionals to partner with him in his nationwide campaign to curb the rise of chronic diseases and obesity and to encourage a physically active lifestyle, in a talk at the National Institutes of Health.
Real estate industry icon and longtime Urban Land Institute leader Gerald D. Hines, founder and chairman of the Houston-based Hines real estate organization, has been named the honorary chairman of ULI’s 2015 Spring Meeting, set for May 13–14 at the Hilton Americas Houston.
Focusing on environmental responsiveness and place making, this mixed-use neighborhood is also the largest planned net-zero-energy community.
The Trepp survey for the week ending October 31, 2014, showed average spreads basically unchanged with the implied rate for ten-year, modestly leveraged commercial real estate mortgages equaling 3.93 percent—71 basis points lower than at year-end 2013.
Through both evidence and anecdotes, panelists at the “How Housing Matters”conference provided further insight into the pivotal role that housing plays in people’s lives.
How do you create built environments that actually improve health? Panelists at the ULI Fall Meeting said that successes in improving health need to be shared while meeting financial and investment objectives. “Once you see these principles at work, it makes such an impact that there’s no going back,” said Susan Powers, president, Urban Ventures LLC.