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Lee & Associates Houston leaders talk about the impact of Hurricane Harvey and how the office is helping the local community recover in this EXCLUSIVE video interview.
For Caydon's first project in the US, it wanted to be in a city that resembles the culture and livability in Melbourne, Australia, and saw great potential in Midtown with its millennials, booming economy and job growth.
Lodging Conference panelists said hurricanes will escalate prices and there is already an inordinate amount of hotel supply in Houston; also money is cheap, but some are waiting until the political uncertainty passes.
Economy and midscale hotels outperformed forecasts in the third quarter (and likely fourth quarter) because of displaced residents and clean-up crews requiring temporary housing after Harvey.
As rebuilding from the storm continues, it will put pressure on the availability of labor and materials, and have an impact on developers trying to bring projects to market, CBRE says in this <b>EXCLUSIVE</b>.
Hunt Mortgage Group provided non-recourse bridge and permanent Fannie Mae loans to finance three properties to fund energy-saving improvements and lower interest rate pricing, all for the same sponsor.
While timing of autonomous car adoption is debatable, a disruptor of this magnitude likely will have implications for office, industrial, retail and healthcare properties, and create opportunities to unlock real estate value.