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Community Building and Affordable Workforce Housing in Post-Recession Economy
Affordable workforce housing will play a key role in the post-recession economy, given demand driven by demographic and population shifts, and slow job growth, according to ULI chief executive officer Patrick L. Phillips.
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Lifestyle Center Goes Local: Westport Village
With a focus on locally owned businesses, a Louisville, Kentucky–based developer was able to turn an aging shopping center into Westport Village, a successful pedestrian-focused lifestyle center.
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Workforce Housing, the Gen Yers and Changing Needs of Seniors
Two large demographic groups—Gen Y and seniors—are poised to influence the development of workforce housing in the post-recession economy, say participants at a recent workforce housing forum.
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Trying to Find Moderation in a Financial World Prone to Excess
In commercial real estate finance, interest-only loan components are reemerging, banks are poised to increase CMBS lending, and pricing is already getting ahead of itself, say conference participants.
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The Regulatory “Corn Maze” Continues to Grow
The long awaited proposed regulations requiring lenders to retain an economic interest in loans they securitize will be announced shortly. When it’s all said and done, expect the lenders to take at least a partial victory lap having shifted the risk of holding some portion of the loans originated to a third party.
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