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Mass Timber: Old is New Again
March 2023The second oldest building material on earth after stone has become one of the hottest trends in sustainable building today. Timber.
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Whatever the specific circumstances faced by an investor, a thorough and expert due diligence process will serve to mitigate many potential risks, including scheduling delays and cost overruns, and provide critical guidance for an efficient construction implementation.
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Streaming companies are facing the most challenging battle yet in the ongoing war over subscribers and content.
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In recent years, Austin has captured the national spotlight as a prosperous technology hub, home to tech trailblazers like Tesla, Google, and Meta—but the progressive Texas city has another exciting sector heating up —its maturing life sciences market.
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In 2021, The New York Times declared Austin the hottest commercial real estate market in the country. The pandemic fueled a surge in population growth, corporate relocations and job creation, creating a perfect trifecta for commercial real estate investment. The multifamily market in particular has been the major beneficiary of this activity, with rents increasing a staggering 86% from August 2021 to August 2022 and occupancy hitting 95% by the end of Q3 2022. The market has undeniably seen a whirlwind of growth.
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Unconventional Tech Hubs Lead to Micro-Cities
January 2023Tech hubs are no longer pigeonholed to specific cities like San Francisco, Austin, or Denver. In fact, tech companies are creating their own hubs in places that can offer space, flexibility, affordability, and room to expand and attract new talent. Recently cited as one of the largest commercial real estate projects in the nation, MidCity District is a nationally acclaimed mixed-use district located in Huntsville, Alabama.
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For more than 100 years, Los Angeles has been synonymous with the film industry—but the city’s status as the global capital of motion-picture magic isn’t set in stone. In what is known as the streaming wars, a voracious appetite for digital content is fueling tremendous investment in new film and television production. This year alone, the top streaming services will spend more than $50 billion on content, and cities are in a global race to capture that business.
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Los Angeles is suffering from a severe housing shortage, needing some 500,000 multifamily units to meet current demand. Last year, the Los Angeles City Council adopted a plan to accommodate the construction of 57,000 units annually through 2029 in an attempt to meet that goal.
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Even as many employees are working from home, some global brands have maintained their aggressive real estate programs.
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PMA – Deep Roots in Austin
May 2021As our beloved city of Austin pushes ever closer to the 2.5 million mark, where you're from matters – and it matters a lot. Who you are and where you’re from brings instant credibility and that’s a PMA strong suit, even when you're the "new kid" on the block.
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Archives
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CALEXIT or TEXODUS? It’s Complicated.
April 2021 -
Adaptive Strategies: What is the New Normal?
April 2020 -
Getting the VALUE Out of Value Engineering
April 2018 -
Defining Due Diligence in Commercial Real Estate
February 2018 -
The Influence of Green Building on Asset Value
August 2017