SUBSCRIBE FOR FREE MANAGE EMAIL PREFERENCES
Bisnow - (Almost) Never Boring
February 18, 2020

Buy Now, Pay Later? Rising Profits Whip Rising Seas For U.S. Real Estate (For Now)

Venue announced! Join us at DICE Southeast to be held at The St. Regis Atlanta

 
 
 
 

Money and people. These are the things that power commercial real estate. However, in recent years the industry has begun to take more seriously the emergence of a new paradigm: climate change. 

Say what you will about the science and politics, but the topic of climate change and how it is already impacting real estate development is here. And based on conversations at Bisnow events and in our news reporting over the past year, this is a topic that is firmly on the minds of real estate professionals around the world. 

 
 
 
 

 
 
 
 

That’s because the threat of rising sea levels is no longer something that might happen. It is already happening — from New York to California to the Philippines to Italy. Small communities and major gateway cities alike are now experiencing the effects of rising tides.

If the science is right and these trends continue, one can only assume that the money will follow — or leave, depending on one’s perspective. Not yet, however. Because while the science might tell you to go, the money and people are telling you to stay. 

Read the full story here.

 
 
Perforation

Top Stories on Bisnow.com

Zillow, Seattle Partner With Nonprofits On Affordable Housing Search Tool Zillow, Seattle Partner With Nonprofits On Affordable Housing Search Tool
Robots And Pizza Didn't Mix: Why Zume Pivoted To Mobile Kitchens And Pizza Boxes Robots And Pizza Didn't Mix: Why Zume Pivoted To Mobile Kitchens And Pizza Boxes
Cannabis Spurs Some CRE Deals In States Where It's Legal, But Concerns About Leasing Linger Cannabis Spurs Some CRE Deals In States Where It's Legal, But Concerns About Leasing Linger
Can The Oakland A's Replicate The S.F. Giants' Ballpark-Centric Success? Can The Oakland A's Replicate The S.F. Giants' Ballpark-Centric Success?
Perforation

Mayor Halting All Westside Park Development For 180 Days

Mayor Halting All Westside Park Development For 180 Days

As a wave of new development around the future Westside Park threatens to displace long-term residents who can't afford rising prices, Atlanta Mayor Keisha Lance Bottoms is putting the kibosh on new projects for the next six months.Bottoms ordered a moratorium on all new development…

Read the full story here.

  Share:  
 
Perforation

Beyond The Bio: 16 Questions With Selig Development Chief Operating Officer Steve Baile

This series profiles men and women in commercial real estate who have profoundly transformed our neighborhoods and reshaped our cities, businesses and lifestyles.

During his time at Daniel Corp., Steve Baile made a name for himself in Midtown Atlanta, spearheading the development of 1075 Peachtree, a 725K SF office skyscraper that is now home to PwC and Boston Consulting Group, as well as the Loews Atlanta Hotel.

In 2016, Baile joined another famous commercial real estate name in the Southeast: Selig Enterprises. Working with the late Scott Selig, Baile established the firm's first development arm that is now developing a massive mixed-use project off West Peachtree Street in Midtown that will be anchored by Google and home to the first Epicurean Atlanta Hotel. Baile has developed more than $2B in real estate.

Read the full story here.

 
Perforation

In Case You Missed It...

Atlanta Suburbs Grapple with NIMBYs and Housing Affordability Atlanta Suburbs Grapple with NIMBYs and Housing Affordability
Former Gold Kist HQ Sells Again Former Gold Kist HQ Sells Again
Resales Rule Atlanta's Luxury Condo Market Resales Rule Atlanta's Luxury Condo Market
Sherwin-Williams Keeping HQ In Cleveland Sherwin-Williams Keeping HQ In Cleveland
 
Perforation

Office Software Company Envoy Unveils New Product Platform

Office Software Company Envoy Unveils New Product Platform  

Users of fast-growing office management software company Envoy now have a lot more to work with.

The San Francisco-based startup, which has provided visitor management software since 2013, will now move beyond the lobby with a host of new workplace products, from conference room booking to a new employee app, it said in a blog post last week. With over 13,000 offices already using its…

Read Full Story

  Share:  
Perforation

In California, Development Bills Are The 'New Sexy.' Here's Why Housing Doesn't Get Built

 

ORANGE COUNTY, CALIFORNIA — To many legislators, addressing California's housing needs has become the latest hot item.

In Sacramento, there are hundreds of housing bills from various politicians examining ways the state could build more housing, especially affordable housing.

But some of them lack any clear and reasonable direction, housing experts said. 

Read the full story here.

 
 
       
 
You are receiving this email because you are either a member of the Bisnow community, have attended a Bisnow event, because you have a legitimate interest in real estate news and events because of your profession, or because of your business associations, memberships or partnerships.
 
This email was sent to: newsletter.archives@bisnow.com
 
   
 
123 William St, Suite 1505, New York NY 10038
Newsletter Approval Code: 36278