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Commercial Construction Predictions and Trends for 2013

HardHatChat

Michigan Avenue in Chicago is seeing a mix of high-end retailers and value retailers, a trend that will continue in 2013 in markets across the country. This mix benefits retailers such as American Girl, which Englewood built out in 2009 at Water Tower Place, as more foot traffic passes through the area.

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Real Estate Investment Trusts (REITs): Understanding the Construction Connection

Construction Marketing

Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. The primary purpose of a REIT is to generate income for its investors through rental income, capital gains, or both. As such, it may lead to higher rental income and property values.

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Industry Focus – Retail: Less Than Six Degrees of Separation

Buisness Facilities Contributed Content

Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The health of this industry is a vital economic indicator since sales tend to be driven by personal income, consumer confidence and interest rates. Credit: City of Cape Coral).

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Homebuyers Boost Recovery of Multiple Sectors

Pro Builder

The car industry has seen it too: low, low sales at the beginning of the pandemic have flipped and auto sales exceeded their summer expectations. Looking at the car sales, looking at the retail activity, looking at the housing data, it has been pointing to a really bigger recovery story,” said James Knightley, an economist at ING Groep NV.

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Phases of Commercial Real Estate Development

Construction Marketing

Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. This requires a long-term perspective and the ability to adapt and evolve to remain competitive in the industry constantly.

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Cracking the code of affordable housing

BD+C

million homes that are accessible to low-income renters. Nationwide, 60% of all workers earn less than what’s required to afford a two-bedroom rental home, according to a June report by the National Low Income Housing Coalition, which also cited the shortage of affordable housing.

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Why Builders Wait to See Lower Lumber Prices

Pro Builder

NAHB Policy Brief | Lumber prices have moderated, but lower costs haven't worked their way to builders; New home prices too expensive for lower-income households. Retailers and wholesalers do their best to buy low and sell high. New-Home Prices Squeeze Out Lower-Income Households . Why Builders Wait to See Lower Lumber Prices.

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