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Seattle has been in a building boom and that surge of construction has included multifamily this year, but there is some expectation of a slowdown in 2018. 
It is growing more difficult to underwrite multifamily projects in Seattle as construction costs are growing at a faster rate than the Class-A rental rate, LMC Division President Brad Reisinger said. "We believe this will begin to constrain new starts…
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The Beginner's Guide To CRE Tech: Mergers, Acquisitions And Future Industry ConsolidationMerger and acquisition activity within the PropTech space these past 12 to 18 months has been aggressive, but consolidation in the convoluted real estate tech landscape is just barely scratching the surface of what is coming. “What you're going to see over the next 18 months is increased consolidation among startups themselves,” MetaProp co-founder Zach Aarons said. “There are a lot of subsections that can support one to two companies, but can't support six or seven. Companies are starting to feel the pressure from investors and customers to merge with other companies [in a] merger of equals.” |
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How The Internet Of Things Will Impact Each Asset Class
The Internet of Things has revolutionized the way people work, exercise, relax, entertain themselves, shop and interact with the built environment. Companies are aggressively investing in connected devices, hoping to increase employee satisfaction, comfort and productivity while harnessing the insights the…
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Las Vegas Shooting Means Rethinking High-Rises Near Public VenuesStadium and public venue owners and operators have a new nightmare to worry about in the wake of the deadliest mass shooting in modern U.S. history. High-density mixed-use projects with hotel and multifamily towers overlooking concert venues or stadiums are springing up all over the country. They sate consumers' desire for walkable and experiential environments and command premium rents. Oct. 1 in Las Vegas crystallized deadly possibilities in these developments. Although the attack was a wake-up call for the industry, experts believe these types of projects will not fall out of favor. |
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These 5 Offices Have One Creepy AmenityModern offices are all about the open-office plan, meditation rooms and fitness centers, but some older offices have one amenity that cannot be replicated: ghost stories. From Los Angeles to New York, these landmark office buildings have ghoulish pasts and bizarre histories. Check out some of the creepiest offices in the country below. |
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