Tags: Investment

Things to know about the new opportunity zone guidelines

Things to know about the new opportunity zone guidelines

After several months of waiting, real estate investors, developers and other keen commercial real estate observers have finally received answers to some of their many questions about the Opportunity Zone program. The Department of Treasury on Friday released new regulations and some clarifications regarding the much-hyped Opportunity Zone program that can benefit investors, business owners… READ MORE

Amazon is betting on prefab homes

Amazon is betting on prefab homes

Amazon is betting on prefab homes. Amazon putting its money behind pre-fabricated homes. The tech giant’s Alexa Fund was among the investors in Plant Prefab’s Series A funding round. The company, which manufactures custom single- and multifamily homes, raised $6.7 million, according to a statement. The move comes as Amazon’s virtual assistant Alexa has expanded…. READ MORE

Cannabis, coworking, and the marijuana-industry land rush

Cannabis, coworking, and the marijuana-industry land rush

Legal weed could be a $75 billion business by 2030 In Los Angeles, a pair of soon-to-open coworking spaces will offer a twist on the formula popularized by behemoth WeWork and The Wing in New York City. Though they boast whiteboards and shared workspace, host regularly scheduled meet-ups and speaking events, and even offer access to advisers and investment capital, these… READ MORE

BART rejects Livermore expansion; mayor vows rail connection

BART rejects Livermore expansion; mayor vows rail connection

There will be no BART station for Livermore residents who have been pining for the long-promised extension. Instead, BART’s board of directors Thursday evening voted to do nothing in a controversial decision pitting the system’s existing needs against the wishes of residents who have been paying into the district for over 40 years. Ultimately, the… READ MORE

The Subtle Sexism Of Your Open Plan Office

The Subtle Sexism Of Your Open Plan Office

A remarkable new study documents the experiences of women in an open office designed by men. There are many reasons to hate open offices: They’re loud, prone to thieves, and, most of all, lack any kind of privacy. But a new research paper reveals yet another knock against them: They’re subtly sexist. Researchers Alison Hirst of Anglia Ruskin University and Christina Schwabenland… READ MORE

Fisherman’s Wharf Reveals Strategy To Reel In More Locals

Fisherman’s Wharf Reveals Strategy To Reel In More Locals

When’s the last time you had clam chowder in a sourdough bowl? The Fisherman’s Wharf Community Benefit District (FWCBD) today released a 70-page retail strategy report that outlines its vision for luring more locals to the city’s top tourist destination. The comprehensive document, a year in the making, focuses on business, entertainment, appearance, safety, marketing and the… READ MORE

Senior Explosion: Developers Look to Cash in on Rising Older Population

Senior Explosion: Developers Look to Cash in on Rising Older Population

With a nationwide 65-plus population on the rise, shrewd developers are building medical offices, hospitals and senior housing. How’s that working out? Soon after his death in Houston in 1939, the estate of Monroe Dunaway Anderson, a Tennessee cotton trader, wrote a $1,000 check to the Junior League Eye Fund. It was the first gift… READ MORE

Faith Organizations Partner with Private Developers to Build Affordable Housing

Faith Organizations Partner with Private Developers to Build Affordable Housing

Increasingly, faith-based institutions are partnering with private developers to develop vacant or underutilized parcels—more specifically, to help bridge the affordable housing divide. Since the 1970s, St. John’s Global Ministries of the Kingdom, a 93-year-old Baptist church in Queens, has sought to build a new church and develop an unused lot. Now, with the help of the… READ MORE

The $500 million plan to fix Millennium Tower

The $500 million plan to fix Millennium Tower

Engineers would bolt half of troubled building to bedrock The 58-story Millennium Tower cost an estimated $350 million to build in 2008, but the cost to fix the sinking and tilting skyscraper may climb even higher, reaching even to $500 million. San Francisco Chronicle’s Mattier and Ross—who first broke the story of the Millennium Tower’s meandering foundations in… READ MORE

3D-Printed Buildings — A Fad Or A Viable Cost-Saving Solution For Developers?

3D-Printed Buildings — A Fad Or A Viable Cost-Saving Solution For Developers?

In the past decade, the ability to 3D-print buildings has become one of the latest, though still controversial, technological advancements in the construction industry. In the past decade, the ability to 3D-print buildings has become one of the latest, though still controversial, technological advancements in the construction industry. Developers across the globe are experimenting with the cutting-edge technology, using massive 3D… READ MORE

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