Houston’s Rebuilding Could Cause Construction Costs to Rise Nationwide
Brace yourselves. Hurricane Harvey will fuel higher construction costs far from the affected area.
Arnall Golden Gregory partner Orlando Cabrera told the audience at Bisnow’s Atlanta Affordable Housing event Wednesday morning that he expects construction costs across the board to rise as a result of the Houston recovery. During an interview following his panel appearance, Cabrera said he expects the cost of everything from labor to materials to rise over the next 24 months.
Commercial Real Estate Transaction Activity Rebounds In Q2 Following Q1 Plunge, Ten-X Research Reveals
IRVINE, Calif. and SILICON VALLEY, Calif., Sept. 6, 2017 /PRNewswire/ — Ten-X, the nation’s leading online real estate transaction marketplace, today released its latest Commercial Real Estate Volume & Pricing Trends report (formerly the Capital Trends report), which reveals that investment activity expanded in Q2 2017, after suffering a sharp contraction in the previous quarter. Overall transaction volume jumped 15.6 percent from the first quarter to $105 billion, according to Real Capital Analytics, with the increase driven by growth in all sectors save retail. While marking a return above the $100 billion level, deal volume remains far below its cyclical peak, and is 4.5 percent lower than a year ago.
How to Make Better Decisions in Commercial Real Estate
Moving to new office space requires expenditures of time and money. After investing in a move, the last thing that you want is to choose a location that doesn’t completely work for you and find yourself having to move again at the end of your lease. Following these tips will help to ensure that you make the right decision regarding commercial real estate leasing.
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How to Fit a 7,200 Yard Golf Course Into 50 Acres
When a client of mine requested a golf facility for his own private use on 50 acres (20 ha) on his private estate, I saw it as an opportunity to get really creative.
He wanted a facility which replicated as closely as possible a full 18-hole round of golf, for the use of himself, family and friends. But he didn’t want to have to build, or ultimately maintain, 18 individual holes, greens and tees.