From 2007 to 2011, jobs grew faster in many downtowns than in surrounding areas, reversing a nearly 60-year-long trend in the United States. This is according to research by City Observatory, a think tank based in Portland, Oregon.
Real estate investment trusts were volatile in March. By month-end, the FTSE NAREIT All REIT Index had slightly underperformed the broader markets with a gain of 1.15 percent. Meanwhile, more companies are being urged to spin-off their real estate assets into REITs. Plus, interest rate survey results from Trepp.
A new grouping of real estate and energy experts is setting out to show Houston’s building owners, occupiers, and investors how to add value by subtracting energy.
Now in its third year, the OneSpark festival highlights entrepreneurial projects in both a juried competition and a popular vote in what is touted as the “world’s biggest crowdfunding festival.” There will be 555 official OneSpark creator projects this year.
Houston’s iconic NRG Astrodome “can and should live on” as a multiuse park, according to a report released by ULI. The Harris County Commissioners Court, the county’s governing body, has approved the proposal and referred it to the county’s Sports and Convention Corp.
How do we decide where best to invest our creativity and finite resources to make places safer, stronger, and ready to withstand acute shocks? The latest findings include better financial underwriting standards but also stronger interpersonal human networks.
Last fall, William Fulton, a former mayor and planner by training, left Southern California to take a new position at the Kinder Institute for Urban Research at Rice University in Houston. Leveraging Rice’s strengths in computer science, architecture, civil engineering, and other disciplines, Fulton hopes to establish the leading urban think tank in the Sun Belt.
According to a new report from CBRE Research, annual tenant demand, as measured by net absorption, totaled 52.7 million square feet (4.9 million sq m) in 2014—the highest annual amount since 2007.
Fueled by strong expansion among life science companies, the two major pure-play life science real estate investment trusts (REITs) are expanding their portfolios through both acquisitions and new development, with earnings that reflect the benefits of this growth. Plus, interest rate survey results from Trepp.
In an excerpt from his new book, Urban Real Estate Investment: A New Era of Opportunity, Henry Cisneros makes the case for the forces of change that will create a new urban reality.