Features

Microsoft Corp. announced a $500 million commitment to preserve existing affordable housing, spur construction of new units and partner with nonprofits to address the Puget Sound affordable housing crisis.

The recent IDA approvals come at a time when the city is at odds with the county's union building trades.

“The Opportunity Zone program appears to be attracting significant amounts of capital, and many investors we have spoken to have mentioned multifamily as perhaps the best property segment for investment under the program."

The convention center was designed for efficiency, from harvesting daylight to capturing millions of gallons of rain water, foundation groundwater and condensation water annually.

Many smaller regional banks, which previously provided short-term debt, were forced to close or were absorbed following the 2008 financial crisis, and Broadmark is satisfying an unmet need for short-term financing.

Murdoch Capital LLC and Parkway Partners, two Houston-based privately held real estate investment companies, formed a joint venture for the acquisition and redevelopment of the former Toys R Us.

“The south side of Chicago presents a unique opportunity for apartment building investors to achieve exceptional cash flow and still have good appreciation potential."

With oil recently falling to 18-month lows in late December, there are concerns that the recovery of the Houston economy could stall if oil's market price remains below $50 per barrel for an extended period.