The Trump Effect Could Encourage More Real Estate Execs To Enter Politics
If Donald Trump's election proved anything to Peebles Corp founder Don Peebles, it is that Americans value business leadership over political experience. So for someone who has successfully managed a portfolio of billions of dollars in commercial real estate, a city with an $80B budget should be just as easy.
Peebles is still mulling a run for New York City mayor in an attempt to unseat incumbent Bill de Blasio in the Democratic primary. He is just one of a handful of commercial real estate executives across the country who are eyeing…
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SeaLevel Plans Two Student Housing Properties Featuring Small Units
SeaLevel Properties, the multifamily division of Pacific Northwest-based homebuilder American Classic Homes, has unveiled two new projects in Seattle's University District and Capitol Hill neighborhoods.
“As Seattle's housing market continues to expand, it's important to provide a range of housing…
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As State AG Files Suit, Washington-Based Tech Firms Worry About Immigration Order
Washington state is the first out of the gate among the states to challenge in court the Trump administration's executive order, inked only last Friday, concerning immigration. State Attorney General Bob Ferguson filed suit over the order Monday.
There is…
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Shifting Seattle: 5 Real Estate Trends That Will Drive Development in 2017
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Polaris Pacific |
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With Seattle's explosive population growth, the Emerald City is serving as a model for other rapidly expanding cities. Seattle's population has grown 13% in the past six years, adding 80,000 new residents. An additional 120,000 people are projected by 2035.…
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Office Occupiers: Companies Are Investing In These 4 Things To Appeal To Young Professionals
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Seattle One Of The Top Cities For Football
The Seahawks might not be in the Super Bowl this year, but that doesn't mean Seattle isn't a football town, with all the economic stimulation that comes with it. According to a recent report by WalletHub, Seattle's the No. 6 city…
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The Real Estate Behind The World's Largest Sovereign Wealth Funds: Abu Dhabi Investment Authority
The world's largest sovereign wealth funds have been moving deeper into real estate. This is especially true of the third-largest sovereign fund in the world, managed by the Abu Dhabi Investment Authority. The fund manages $792B in assets, nearly 10% of which are real estate holdings. The Wall Street Journal reports the fund has about $50B worth of real estate spread across 41 countries. While ADIA is notoriously secretive, below are five of the largest purchases it has made in the last few years.
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