Ten affordable housing developments take creative design approaches to providing appealing environments while controlling costs. Affordable housing does not have to look like plain boxes. Though tight budgets may restrict options for materials, architects have found ways to add variety, … Continue reading
Goldman Sachs fund may lose 11 Seattle, Bellevue office buildings
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A Goldman Sachs affiliate is weeks from defaulting on the $896 million loan it took out to buy one of the biggest collections of office buildings in the Seattle area. A Goldman Sachs affiliate that owns one of the biggest … Continue reading
Tech Firms Go Far and Wide for Space
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When Google Inc. GOOG +0.60% bought a former freight warehouse in Manhattan in December 2010, the firm occupied about half a million of the total 2.9 million square feet of space. Since then it has gobbled up over 100,000 additional square feet, even buying out … Continue reading
Cairo’s Commercial Real Estate Market Enjoys Activity Increase Post Arab Spring, Yet Challenges Remain
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According to Jones Lang LaSalle’s (JLL) latest Cairo Real Estate Overview, following the Egypt’s difficulties in 2011, the future looks more positive. JLL believes that there is evidence of more clarity and increased activity, with confidence returning twelve months after … Continue reading
Home rental push jeopardizes affordable market rates
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More Americans are renting houses instead of buying them, a trend that could disrupt price affordability, analysts say. With more homeowners unable to secure mortgages and uncertain about future finances, renting is the only sure-fire way to live in a … Continue reading
Top Five United States Markets
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Although return expectations will further recede, well-leased core real estate in leading markets will continue to produce solid single-digit, income-oriented returns, according to the Emerging Trends Americas report. Following are the top five United States markets, as ranked by survey respondents for Emerging Trends Americas:Washington, … Continue reading
NAHB Reports 99 U.S. Housing Markets Improving in March
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According to the National Association of Home Builders/First American Improving Markets Index (IMI) released this week, the tally of housing markets showing measurable improvement reached 99 in March. Currently 33 states (including the District of Columbia) are represented by at … Continue reading
Private Japanese REITs Spot Niche Market With Pension Funds Seeking Higher Returns
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Private Japanese REITs are boosting the size of their portfolios to attract pension funds tired of earning low returns from bonds and stocks. High-quality apartment projects are being added to many trusts. The competition among the country’s private real estate … Continue reading
Amazon will decide by June on 3-block property deal
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In Amazon’s first public comments since its big Denny Triangle deal surfaced last month, its real-estate chief said the company wants the project to have a “sustainable and productive” community impact. Amazon.com expects to decide by the end of June whether … Continue reading
In Person: Real-estate data cruncher Crellin tells it like it is
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Glenn Crellin, a longtime analyst of the Northwest housing market, tracks the industry’s ups and downs with unvarnished facts. Glenn Crellin figures he got his start as a researcher back in the late 1960s, when he was a high-school debater … Continue reading