Category: Focus 2016

Doubling down: The rapidly growing community of Converse offers unique development opportunities

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BY BRANDI SMITH

Just 15 miles outside the second-largest city in Texas lies what might just be the state’s best-kept secret: the community of Converse.

“You may drive through Converse and you may not see a lot happening right now,” said Kate Silvas, executive director of economic development at the City of Converse Economic Development Corporation. “Trust me, there’s a lot going on behind the scenes.”

There’s also a lot front and center: 1,000 developable acres, $1 billion in buying power and $100 million in public investments.

“It’s just benefiting Converse tremendously,” said Silvas.

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Banking on the Fed: What December’s Interest Rate Hike Means for Texas

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BY BRANDI SMITH
info@rednews.com

For the first time since June 2006, the Federal Reserve board voted to raise its key rate by a quarter-point to a range of .25 percent to .5 percent. The announcement made on Dec. 16 is something the Fed has hinted at since March, causing months of speculation about the impact of an increase.

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The $5 Billion Mile: How Frisco Is Leading the North Texas Development Boom

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BY BRANDI SMITH
info@rednews.com

 No matter the sector, no matter the area, no matter the price tag, North Texas’ commercial real estate market is booming in a way we haven’t seen in a generation. The combination of nearly exponential population growth and near-record job numbers is pushing development all around Dallas-Fort Worth area.

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Forecast 2016 – Healthcare Real Estate Trends

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beth-young

 

BY BETH YOUNG

Senior Vice President
Colliers International-Houston

 

 

Many 2016 healthcare trends will continue from 2015; but some trends will be more noticeable.  Overall, medical providers want to be more accessible to patients, provide better care and lower expenses.  For real estate investors who focus on healthcare properties, here’s a list of what you may expect:

  • The greatest demographic factor to affect healthcare: age!  Everyone knows about the Baby Boomers and the effect they will have on healthcare; but did you know 35% of all men over age 25 are considered obese.  The work/life balance is now more important than compensation.  As people age, they move closer to their children.  Family members are making choices for their parents.  The demographics in the U.S. will continue to evolve, so developers and landlords will adjust and put more emphasis on flexibility for their clients.

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