Using Public-Private Partnerships To Create A Better Austin
Public-private partnerships are often a necessity for developers. They want to buy land owned by a public entity, they need the tax cuts or they need some other benefit from a partnership to make deals pencil.
While P3s can be harder to arrange, they are being used increasingly often in Austin, and when they are done right, they benefit developers' bottom lines and the public good.
“P3s are not for [the] faint of heart,” said Christine Maguire, redevelopment division manager at the city. “There's an art and science to have an agreement with accountability and flexibility. These are long-term relationships. They're not sprints; they're marathons.”
In…
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Leasing Activity Revs Up, Vacancy Remains Steady
San Antonio's Q2 office market data is in. Research from CBRE shows robust office demand, predominantly in the Northwest submarket, which posted 126K SF in net absorption. Most submarkets, with the exception of South, posted larger move-ins than move-outs.
Vacancy
San…
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Sorry Developers, Multifamily Lenders Think It's Time To Temporarily Stop New Supply
Before banks were hit with major regulations a couple of years ago, some banks started self-regulating the amount of money they lent for multifamily projects.
KeyBank's Charlie Williams sees some parallels with the present.
“I think there needs to be a…
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Goldman Raised $1B For A Real Estate Fund, Putting 2007 Fail Behind It
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The Fabulous Real Estate Of The Tour De France
July 1 marked the beginning of the Tour de France, the three-week cycle race that is among the most grueling events in sporting history.
The race itself and the incredible endurance of the riders is the main point of focus: the breakaways, the sprints, the lung-busting climbs, the questions about drug use. France itself is an inextricable part of the cross-country event, and the race plays out against an incredible backdrop of mountains, vineyards and villages.
Here is a selection of fantastic properties that are up for sale on or close to the route of this year's race.
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The Fabulous Real Estate Of
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