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Search resuls for: "Urban Land Institute"


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Along East Boston's waterfront sits The Eddy, a two-building property with over 250 luxury apartments. When developers imagined The Eddy in 2014, they kept that weather exposure in mind. According to the Urban Land Institute, or ULI, the developers built The Eddy nine inches higher than the original property that was previously located on the site. The developers also constructed The Eddy with walls that can withstand up to 100 miles per hour of wind. It found that implementing mitigation measures according to modern building codes could save 600 lives and prevent 1 million nonfatal injuries.
Persons: Eddy, ULI, Lindsay Brugger Organizations: Urban Land Institute, Global, National Institute of Building Sciences Locations: Lahaina, Maui, Lahaina , Hawaii, Boston
Ervina Balaga, a realtor who sells homes in Beverly Hills, met us inside the neighborhood. A mansion perched on top of the hill in Beverly Hills in Cebu, Philippines. Balaga told me the cheapest home on the market right now in the neighborhood costs 52 million pesos, or around $915,000. Balaga told me homes in Beverly Hills are rarely sold to outsiders, as many who live there are regarded as the "Old Money" of Cebu. For comparison, the median price of homes in Cebu City is listed at $141,270, per data by the Urban Land Institute.
Persons: Ervina, Marielle, Balaga Organizations: Urban Land Institute Locations: Beverly Hills, Cebu, Philippines, Cebu's, Seoul, Pasil, Cebu City
Hong Kong has ended its four-year reign as the most expensive city globally for expatriates, according to a survey — as New York surpasses it to first place. Hong Kong has ended its four-year reign as the most expensive city globally for expatriates — surpassed by New York which took first place, according to a new survey. Hong Kong fell in our rankings as the increase in prices of day-to-day goods and services was tempered by falls in accommodation costs in the city. Lee Quane ECA InternationalStill, Hong Kong retained its position as the most expensive location in Asia. Reports suggest residents of Hong Kong left the city in droves last year — due to Covid-19 restrictions and what they see as an erosion of democratic norms.
Persons: , Lee Quane Organizations: New, ECA, assignees, Lee, Asia, U.S . Federal, Urban Land Institute, ULI, Asia Pacific Centre for Housing, U.S ., San Locations: Hong Kong, New York, Asia, Singapore, Asia Pacific, Asia Hong Kong Singapore Seoul Tokyo Shanghai Guangzhou Shenzhen Beijing Taipei Yokohama, Shanghai, Guangzhou, Tokyo, Japan, York, U.S, San Francisco
Tobiasjo | E+ | Getty ImagesSingapore's private homes are now the most expensive in Asia-Pacific, having overtaken Hong Kong, according to a new report. Private rental homes in Singapore also had the highest monthly rent in the region at $2,600 — "far exceeding" other cities such as Sydney, Melbourne and Hong Kong, according to the report. Hong Kong vs. SingaporeHome prices in Hong Kong "dropped substantially" in 2022, ULI said, citing the significant increase in mortgage interest rates as Hong Kong keeps pace with the U.S. Federal Reserve. Rental pricesSingapore's private rental homes have the highest monthly rent in the region, having increased by nearly 30% in 2022. Home attainabilityDespite Singapore's private homes being the most expensive in the region, the city state also has the highest homeownership rate at 89.3%.
Persons: ULI, Hong, Kong's, David Faulkner, homeownership, Ho Organizations: Yacht, Urban Land Institute, ULI, Asia Pacific Centre for Housing, Singapore, U.S . Federal, Hong Kong, Sydney, Melbourne, Urban Land Institute Asia Pacific Centre, Housing, Hong, Housing Private, CNBC, Housing Development Board, Board Locations: Singapore, Keppel, Asia, Pacific, Hong Kong, Sydney, Melbourne, U.S, Shenzhen, Beijing, Brisbane, Covid, Australia, China, Ho Chi Minh, Vietnam, Da Nang
Black Americans represent less than 5% of residential real estate developers, largely because they can't get equal access to capital, according to a recent report by the Urban Land Institute. Institutional capital – real estate investment trusts and private equity in particular – are the dominant players. Philly Rise is designed to recruit, train, support and open up access to capital. That's why he's been working in real estate for 20 years, developing affordable housing first in Delaware and Maryland, and soon in Philadelphia. "Our goal with our participants is not to teach them how to rehab or build brand new houses, but how to build successful real estate businesses," said Webster.
Xena Stryker left corporate America several years ago after feeling discriminated against. The company, Xena Design + Marketing Firm, has offices in Atlanta and Beverly Hills, California. At a previous job, I was the only Black woman at an architectural firm with hundreds of designers. I started my own company, Xena Design + Marketing Firm, and life is phenomenal right now. If you're in a similar position as I was previously in corporate America, my advice is: dream big, determine your unique selling point, find a supportive dream team, and get out.
Long Beach, California, made a $2.5 million deal to build tiny homes for people in need. The bathroom in a Connect Homes shelter. From luxury homes to sheltersFor its private customers, Connect Homes builds 15 single-family-home models, ranging from a 460-square-foot home for $220,000 to a 1,960-square-foot four-bedroom home that costs about $700,000. Connect Homes' Shelter 3, a type of tiny home that's set to be built in Long Beach, California. It's now getting inquiries in other states about its tiny homes, Leung said.
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