Kevin Brass

KEVIN BRASS writes regularly about property and development for the New York Times International Edition and the Financial Times.

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Austin-based Kasita wants to hit the developer market with small, precision-built turnkey homes.
Everyone thought they knew what millennials and their parents, the baby boomers, wanted in housing and lifestyle, but the two largest demographic groups in U.S. history are not behaving as many prognosticators thought they would.
Blackstone Group’s Stephen Schwarzman built a Rhodes Scholarship–type programme at Tsinghua University.
Though best known as the chief executive officer of fast-growing online shoe and clothing business Zappos, Tony Hsieh is also leading one of the largest urban regeneration projects in the United States in downtown Las Vegas.
Artists and other creative types need small, affordable places—and patient capital, Detroit experts say.
The focus for mall owners and retailers should be on extending their brand “beyond the four walls of brick and mortar,” said panelists speaking at the ULI Spring Meeting.
Micro-housing builder Kasita says it has solved the problems of modular construction. The Austin-based company is at the ULI Spring Meeting in Detroit meeting with developers and showing off a prototype of its 352-square-foot home.
Investors continue to pour money into U.S. student housing projects. Despite shrinking yields and rising development costs, transaction activity in 2017 was “very strong” after a record volume in 2016, according to CBRE.
The surveys and interviews for the Emerging Trends in Real Estate® 2018report were complete; the data had been compiled, and the reports had been written. Then, for some of the major U.S. Sun Belt cities, everything changed. Historic storms raged across the Gulf Coast and the Caribbean, destroying property and lives and upending all the forecasts and predictions for property markets in the Southeast. Investors and developers were sent scrambling to reassess their analysis and financial models.
In many ways, San Diego illustrates the challenges facing many attractive U.S. cities, including the demand for affordable housing, struggling retail, and the need for more senior housing. At the top of the list is a strong community wariness of any new development, which has made it difficult to build meaningful mixed-use projects, said speakers during a January panel discussion organized by ULI San Diego–Tijuana.
Europacity and the recently sold Sony Center are two examples demonstrating why Berlin is considered a market to watch.
Can the city create a healthier, less automobile-centric environment by closing more streets to traffic?
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