Don't Mess With Texas: Lone Star State Uses SXSW To Steal Companies From California
Deep in the heart of Texas, SXSW is big and bright. Last year the two-week festival generated $325M for Austin's economy. More than just tax revenue and tourism, SXSW — running this year from March 6-19 — showcases the Texas capital, drawing companies from all over the world to open offices in its rolling hills.
Though SXSW started as a music festival, over its 30-year history it has morphed into much more. It now features tech, film and comedy alongside the music. The transition has doubled the annual attendance in just over five years to about 140,000 annually.…
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Wrapping Up Q1: What The Rest Of 2017 Holds For Austin CRE
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Hunt Mortgage Group |
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It will not be difficult to keep Austin weird this year if commercial and residential real estate markets remain stable. Austin still ranks No. 1 in the Urban Land Institute and PwC's Emerging Trends in Real Estate 2017 joint forecast report.…
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After Dramatic 10-Hour Hearing, Texas State Finance Committee Approves Property Tax Reform Bill SB2
The Senate Finance Committee approved Texas Senate Bill 2, the Property Tax Reform and Relief Act, by a 9-5 vote. The bill would force local governments to hold elections if the amount of property tax revenues increases by a certain amount.…
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4 Markets Where Renting Has Outpaced Homeownership
Renting is on the rise. A Harvard University Joint Center for Housing Studies report said 1.4 million new renter households were formed in 2015, pushing the percentage of U.S. households that rent to 36.4%. That is the highest level since the 1960s, and the trend is so pervasive that even wealthy Americans increasingly prefer home and apartment rentals to homeownership.
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Top 4 Ways Multifamily Pros Are Leveraging Technology
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Sponsored by Google Fiber |
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Technology-related expenditures are unavoidable in the effort to remain competitive. Owners, developers and property managers need to closely monitor tenants' needs to maximize the impact of their tech-allocated dollars.
“Investing in viable tools is important,” North American Properties partner and…
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How The Top Retail REITs Are Faring In The Midst Of Industry Turmoil
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Everything You Need To Know About 1031
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