Bridging the Gap Between Acquisitions and Asset Management
When property performance doesn’t meet proforma, investors lose. Gathering the correct data during due diligence goes a long way towards keeping investment properties on track.
HOUSTON—A couple of years ago, the Galveston Council completed a study titled the Urban Houston Framework. The study evaluated what constitutes an urban center–or an area of live/work/play–using existing city and regional resources including enhanced pedestrian and transportation-related infrastructure/services and other benefits, GlobeSt.com learns.
However, recognizing that one size does not fit all, the study identified the proper characteristics that comprise such centers and the tools required to ensure development practices. The findings of the framework are intended not only to increase housing, economic and transportation opportunities at the local level, but also demonstrate various ways in which sustainability tools can be applied to address planning issues.
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When property performance doesn’t meet proforma, investors lose. Gathering the correct data during due diligence goes a long way towards keeping investment properties on track.
The price is a “meaningful discount to replacement cost.”
COLLEGE STATION, TX—Los Angles=based Kennedy Wilson, a global real estate investment company, has closed a senior construction loan for the development…
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