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TD Bank's regional director of commercial real estate finance in New York talks to GlobeSt.com about co-working, luxury condominiums and the continued rise of tech companies.
Despite significant real estate investment over the last decade, many cities both big and small are still missing inviting and energized spaces where people choose to spend time outside of home and work.
Construction-to-permanent financing of $93 million was recently secured for One De Haro, a four-story 60-foot tall building with two-thirds office and one-third light industrial uses totaling 133,427 square feet.
Fueled by increasing affordability challenges and an expanding demographic of renters, coliving's expansion has passed the early stages and it is a fully fledged niche asset class in cities such as Dallas.
Buildings now compete differently than they have before, says Linda Aronson, JLL's regional manager for property management for the New York Tri-State market
The PCBC panel looked at features, functionality, business models and resilience as key common denominators in why projects succeed, along with conviction, passion and strong beliefs.
This week, WhyHotel announced plans to launch a new pop-up hotel in Houston, the company's first location outside of the East Coast, and will be launched in partnership with Camden Property Trust.
Urbanspace will relocate from its current headquarters at 801 W. 5th St. by year end, while the neighborhood coffee shop and bar are anticipated to open in time for SXSW 2020.