Realty News Report Covering Commercial and Residential News

HOUSTON – (By Dale King, Realty News Report) – Houston real estate projects, The Star, Heights Mercantile, HARC and Emancipation Park, earned top honors at the Urban Land Institute Houston’s 2019 Development of Distinction Awards presentation. The awards recognize developments and public open spaces that exemplify best practices in design, construction, economic viability, healthy places, marketing and management. Since 2008, ... Read More »

HOUSTON – (Realty News Report) – With Dallas-Fort Worth ranked No. 1 in the nation, Houston is a real estate market on the rise and “has it all” as cited in the investment market rankings of Emerging Trends in Real Estate 2019 by PwC and the Urban Land Institute. Houston posted No. 37 of 79 U.S. cities, which is a big improvement ... Read More »

DETROIT – (Realty News Report) – For years Detroit was heavily dependent on one industry, just as Houston was. Residents of Michigan’s largest metropolis fled to the suburbs decades ago but are now returning to the central business district. Ditto Houston. And some of the city’s most successful entrepreneurs and philanthropic organizations helped drive changes in the Detroit landscape, just ... Read More »

HOUSTON – (Realty News Report) – Houstonians are looking for answers. More than 100,000 homes and hundreds of commercial properties, schools and public performance halls were inundated when Hurricane Harvey dumped 50 inches of rain on the city in late August. Where has Houston failed in managing its drainage system? Should residential development be allowed near flood-control reservoirs? Why is ... Read More »

HOUSTON – (Realty News Report) – Fear of the Houston office market intensified about three years ago. The oil price crash whacked the energy companies, which dumped massive amount of office space onto the sublease market. Some office-building owners, like Cousins Properties, decided to hightail it out of town. Houston was an outcast in the capital markets world. Investors stayed ... Read More »

LOS ANGELES – (By Ralph Bivins, Realty News Report) – “You here for the World Series?” the Uber driver asked me as he guided the car in bumper-to-bumper traffic to Downtown Los Angeles from the airport. “You must be rootin’ for the Astros,” he added, “since you look like a guy from Houston.  Well, sit back and relax.  Traffic is ... Read More »

HOUSTON –– Moody Rambin Interests’ Towne Center development won top honors in the for-profit category in the won Houston District Council of the Urban Land Institute (ULI) Development of Distinction Awards, which were announced Tuesday night in downtown Houston at the Rice Crystal Ballroom. The MATCH (Midtown Arts and Theatre Center Houston); Buffalo Bayou Park and McGovern Centennial Gardens were ... Read More »

(By Dale King)  – A shifting demographic that will see more female executives, immigrants with disposable income, younger and older employees and retirees in the workforce and looking for jobs will have a significant impact on community building and real estate proclivities during the coming decade, says a new report by the Urban Land Institute. Called “Demographic Strategies for Real ... Read More »

(By Dale King) WASHINGTON, D.C. – If slow and steady is the formula for winning races, America’s real estate market will likely break a few finish line tapes in the closing years of this decade. But a general slowdown in market growth may be part of the economic order for the next few years. The Urban Land Institute (ULI) used ... Read More »

(By Ralph Bivins) HOUSTON – It’s not just hype to placate Millennials who think bicycles should dominate the roadways. Cyclists are making a difference in real estate development today. And it’s going beyond just accommodating tenants with bicycle racks. “Cycling is the fast growing form of transportation in the U.S.,” said Ed McMahon, a ULI senior resident fellow speaking at ... Read More »

HOUSTON – City officials are participating in discussions of a transformative proposal to re-work the freeways in downtown Houston, Mayor Sylvester Turner said Thursday in an appearance before the Urban Land Institute organization. The freeway changes could result in the destruction of the Pierce Elevated freeway, a much-maligned and ugly barrier between Downtown and Midtown Houston. “The Pierce Elevated will ... Read More »

(By Realty News Report) – PHILADELPHIA – Overall U.S. office vacancy rates are expected to decline to 12.6 percent this year and 12.3 percent next, according to a new three-year economic forecast from the Urban Land Institute (ULI) Center for Capital Markets and Real Estate. Industrial/warehouse availability rates are predicted to inch up in 2017 and 2018, but remain below ... Read More »