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November 9, 2020

Austin Developer Plans 31-Story Co-Living Tower Near Georgia Tech
[Webinar] Don't Miss ATL Capital Markets & CRE Finance: Who's Buying, Who's Selling & How Nov. 12

An Austin-based student housing developer is venturing outside of its Texas confines and entering the Atlanta market with a new project.

Austin Developer Plans 31-Story Co-Living Tower Near Georgia Tech

Lincoln Ventures is proposing a 31-story co-living tower at 859 Spring St., at the corner of Abercrombie Place and a stone's throw from the new NCR headquarters and Tech Square. The 195-unit project also will include 1,800 SF of commercial space, Lincoln Ventures President David Kanne said in an email to Bisnow.The…

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CRE Execs Weigh In On Biden, Business And The Heavy Lift Ahead

As President-elect Joe Biden began to outline his agenda for his first day in the Oval Office over the weekend, the notoriously optimistic commercial real estate industry remained true to form, saying the election couldn’t have gone better last week.

“This is perhaps the best outcome, not only for the financial markets but for CRE,” Colliers International National Director of Research Steig Seaward said. 

CRE Execs Weigh In On Biden, Business And The Heavy Lift Ahead

Biden, whose election hasn’t yet been certified, has proposed a host of policy changes that would directly affect commercial real estate, from eliminating 1031 exchanges to reforming opportunity zones to changing the real estate probate tax. Many are seen as unfriendly — or at least burdensome…

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PTSD From PPP Controversy Derails Promising Program For Struggling Businesses
 

Billions of dollars set aside by the government through the Main Street Lending Program to help distressed companies remain untouched as firms wrestle with the program's complexity and fears over potential regulatory blowback.

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'Everyone Wants A Piece Of Data Centers Right Now': Digital Realty, Equinix Seize Growth Opportunities In Europe

Data center giants are looking to Europe to power their next phase of growth. 

Digital Realty and Equinix, the two largest colocation providers in the world, both reported robust growth and big ambitions in Europe as the U.S. market matures. Recent financial results also spotlight their differing expansion strategies in the region. 

With investors taking a much closer look at data centers this year, Equinix and Digital Realty showed robust overall growth in the third quarter. Both companies, which lease out data center space to a range of customers, topped already-high revenue forecasts. In a year of plentiful, cheap capital and soaring demand for cloud services, it’s clear that growth is the top priority for major colocation players.

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