Construction Maison

After a UBS housing report pointed to as many as one in four homes owned offshore by mainland Chinese buyers being kept empty, and a further quarter used on a "temporary" basis, experts have been quick to say the results do not apply to Australian real estate . Among the naysayers is Jane Lu, head of Australia for Chinese international property site Juwai . She said there was "no hard data" and called the idea of vacant apartments held by offshore buyers as an "urban myth". "Most Chinese buyers of inner- city apartments are not so wealthy that they can afford to leave their property vacant ??? rather than renting it and earning some sort of income. There are some who do not live there full-time, because it is their second home. " Chinese investors are no more likely to turn down easy rent money than are Australians ... Australian second-home owners probably have more vacant properties in Ballina and Byron Bay than Chinese investors do...

New apartments could be on the way to a vacant lot in Temecula, potentially offering more options for renters. The Temecula City Council on Tuesday, Nov. 13, considered a project proposal for the construction of a 120-unit complex on the northeast corner of Mira Loma Drive and Rancho Vista Road . Approval of the complex required a General Plan amendment to allow for 16 units to be built per acre, which is double the amount previously allowed at that site. By 9 p.m., council members had not yet voted on the proposal for the Mira Loma Apartments . Public speakers both supported the project for its housing options and opposed it out of concerns about traffic and open space preservation . “We still have in place our growth management plan that indicates we start at the lower end of the density and move up,” Councilman Jeff Comerchero said of the exception to allow the complex. The three-story project would occupy just more than 7.2 acres and would be situated near Vail Elementary S...

Paul Bass | New Haven Independent Democrat Marcus Paca, left, and incumbent Mayor Toni Harp . Marcus Paca promised that if he becomes mayor, he will fight gentrification, while Mayor Toni Harp argued that the burst of market-rate housing in town doesn’t constitute gentrification. Harp promised to continue New Haven’s “sanctuary city” policies even if President Trump withholds federal grants , while Paca promised to take a closer look at the issue first to avoid losing needed dollars . Those differences between the two Democratic mayoral candidates emerged Sunday afternoon at their first debate, held before a full house in the sanctuary of Varick Memorial AME Zion Church on Dixwell Avenue. The event was billed as a “forum,” not a “debate.” But a debate it turned out to be, from the moment the two Democrats began fielding questions from a panel of three local ministers and passionately responded to each other’s positions in a fast-paced, issues-focused back and forth. Two- term incu...

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...