The new 12-storey, 223-unit multifamily development at 1035 4th Street, NW (307 K NW) in DC’s Mount Vernon neighborhood has 50 units set aside for grandfamilies (families headed by grandparents) making between 30 and 40 percent of the area median … Continue reading →
More new apartment units are under construction in Miami as a percentage of the existing inventory than in any other city in the U.S. The 18,000 new units that are either planned or under construction amount to 10.8 percent of … Continue reading →
GDP sums up the prices of all finished goods and services. There are two ways that GDP can increase: 1.) Increases in prices (inflation) and 2.) Increases in productivity (more or better goods and services). Nominal GDP is the sum … Continue reading →
Twelve percent of homes listed for $10 million or more saw a price drop in 2018 — double the levels of 2015 and 2016, according to
Continue reading →In 2017, the U.S. exported 1.98 million passenger cars and light trucks which accounted for $57.04 billion of U.S. international trade, according to
Continue reading →Starbucks plans to close about 150 company-operated stores next fiscal year. This is three times the number it typically closes annually, according to Bloomberg. Most of the closures will be in major metropolitan areas where regulatory requirements are hampering profitability. … Continue reading →
Wealth measures the value of all the assets of worth owned by a person or family. It is the market value of all physical and intangible assets owned minus all debts. Housing equity typically accounts for the majority of household … Continue reading →
DC’s First Source mandate requires construction companies to give hiring preference to local workers if a project receives taxpayer dollars. Companies building qualifying projects of $300,000 to $5 million must hire 51 percent local residents, and those in charge of … Continue reading →
Industrial assets in LA typically sell for $140/sf to $200/sf, according to RE Business Online (citing Why all the buzz and excitement? Well, you have not to look any further as you can get it up, or whether you can … Continue reading →
Passed by the California legislature and signed into law on the same day, the California Consumer Privacy Act of 2018 will require companies that store personal information to disclose the types of data they collect and allow consumers to opt … Continue reading →