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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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Jones Lang LaSalle: All U.S. real estate sectors to post gains in 2013—even retail

BD+C

Although 2013 isn’t likely to be anyone’s idea of a blockbuster year for real estate performance, landlords across an array of commercial property types are gaining pricing control and increased rental income from their assets.

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Can Teachers, Nurses, and Retail Workers Afford the Rent?

Pro Builder

Can Teachers, Nurses, and Retail Workers Afford the Rent? Zillow examined what renters who work as teachers and nurses and in food services and retail are doing to keep rent payments affordable. Zillow examined what renters who work as teachers and nurses and in food services and retail are doing to keep rent payments affordable.

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Nevada Stops Subsidizing Net Metering

Green Building Law Update

Net energy metering generally utilizes the existing meter for all calculations thereby avoiding the expense and complexity of a second meter to measure incoming and outgoing energy separately. But the retail rate is at an actual loss to the monopoly utility.

Nevada 120
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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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Homebuyers Boost Recovery of Multiple Sectors

Pro Builder

Historically low interest rates are luring in auto and home buyers, many of whom have higher incomes and firmer job security than low-wage, service-sector workers hardest-hit during the recession, economists and industry experts say.

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