Construction Maison

It was the type of celebration that’s become commonplace in the Seaport District . Investors, developers, and other real estate types mingled earlier this summer at a groundbreaking ceremony for Echelon Seaport — $900 million worth of luxury condos and apartments set to rise from a parking lot on Seaport Boulevard. Advertisement Under a big white tent , guests sipped cocktails and listened as Governor Charlie Baker and Boston Mayor Martin J. Walsh touted the glassy, gleaming business district sprouting around them.Away from the festivities, Alex Shing of Los Angeles- based Cottonwood Management — the project’s developer — spoke about the strong interest from investors all over the globe who wanted to buy into Boston’s booming Seaport. Get Talking Points in your inbox: An afternoon recap of the day’s most important business news , delivered weekdays. “This is probably the most valuable piece of dirt in the world,” Shing said. Yet to help finance the project, Cottonwood and its...

If you're looking for an apartment in a beautiful, masterplanned community known for its outstanding schools and thriving economy, then you' ll love living in Irving. Irving apartments are located in Dallas County about 20 minutes from Fort Worth and 15 minutes from downtown Dallas. Irving is divided into two large masterplanned communities , Las Colinas and Valley Ranch. Las Colinas is a 12,000- acres major business center (with some residential properties) that is home to 2,000 corporations and is the global headquarters of four Fortune 500 companies: Exxon Mobil, Kimberly-Clark, Fluor and Commercial Metals. The area is clean, well-lighted and meticulously landscaped. In addition to office towers, Las Colinas has a number of man-made lakes and ponds, and beautiful winding walkways along its canals. Like Las Colinas, Valley Ranch is also a masterplanned community, though largely comprised of residential properties. It is home to some 30,000 residents, has ample affordable a...

The California legislature is responding to spiking Bay Area rents by moving bills that would force cities to loosen restrictive land use rules that have impoverished renters and created massive profits for apartment owners. Year-over- year apartment rents at the end of March 2016 were falling hard in the Bay Area, with annual percentage decreases of 15% in Redwood City, 13% in Santa Clara, 8% in Palo Alto, and 5% in Oakland. But prices stabilized after the election of President Donald Trump ignited a new technology stock price boom , and have recently begun to take off and spike to new all-time-highs over the last 12 months. But the most recent Zumber survey found that Bay Area one- bedroom apartment rents rose by 2 percent in July. San Francisco  has the most expensive rent in the state at $3,450, followed by Mountain View at $3,060, and Redwood City at $2,970. The least expensive area rents were Vallejo at $1,270, followed by Napa at $1,540, and Santa Rosa at $1,550. The fear...

ANN ARBOR, MI - Ann Arbor officials are resuming talks of potentially putting a city income tax proposal before voters. The city's staff is scheduled to make a presentation to the City Council at a special work session on Sept. 11. The meeting is dedicated to the topic of city revenue and the idea of implementing a local income tax . Ann Arbor officials have discussed the idea for many years, mostly in the context of finding a way to generate tax revenue from the tens of thousands of people who live outside Ann Arbor and commute here for work, including many University of Michigan employees. UM has a large footprint in the city and does not pay property taxes . The idea of a city income tax reemerged at a city budget retreat last December, where there were talks of updating a 2009 feasibility study and putting a proposal on the November 2018 ballot. State law requires letting city voters decide whether to implement a local income tax . Ann Arbor's city charter also re...

Mack- Cali Realty Corp . (NYSE:CLI) Q2 2017 Earnings Conference Call August 03, 2017 08:30 AM ET Executives Michael DeMarco - President and Chief Executive Officer Anthony Krug - Chief Financial Officer Marshall Tycher - Chairman of Roseland Residential Trust Analysts John Guinee - Stiefel Manny Korchman - Citi Jamie Feldman - Bank of America Rob Simone - Evercore ISI Vincent Chao - Deutsche Bank Operator Good day, everyone, and welcome to the Mack- Cali Realty Corporation Second Quarter 2017 Earnings Conference Call . Today's call is being recorded. At this time, I would like to turn the call over to Michael J. DeMarco, President and Chief Executive Officer . Please go ahead, sir. Michael DeMarco Thank you, operator. Good morning, everyone, and thank you for joining the Mack-Cali's second quarter 2017 earnings call . This is Mike DeMarco, the CEO of Mack-Cali. The lovely day in a waterfront, sun shining. I'm joined today by my partners Marshall Tycher , Chairman of Rosel...