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Busy Plano tollway corner will get huge mixed-use development | Real Estate

Provident Realty and the Baccuses hired O'Brien Architects to design the planned retail, restaurant and office development . "The goal is to create something iconic both architecturally and as a sense of place," said Mick Granlund, vice president at O'Brien Architects. "We have planned the site to incorporate and build upon an existing grove of beautiful trees." Office towers, hotel Early plans include three office towers of eight to 10 floors, a boutique hotel and more than 50, 000 square feet of retail space to be constructed along Spring Creek. "There are a lot of good brands for restaurants and retail that are now highly aware of Legacy, but they couldn't get into that market," Backes said. "We are giving the retailers and restaurants high visibly while still keeping the walkable, urban environment ." The retail buildings will be clustered in a park-like campus just south of the planned high-rises. "We have the capacity t...

New book iGen reveals the little-known ways smartphones are changing your kids

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by Jean M. Twenge Jean M. Twenge has been writing about generational differences for 25 years, producing bestsellers like Generation Me and The Narcissism Epidemic . In her latest book, Twenge zeroes in on iGen, the kids born in 1995 and later who have grown up with smartphones, had an Instagram page before they started high school and do not remember a time before the internet. The average teen checks her phone more than 80 times a day. The oldest iGen-ers, as she calls them, were early adolescents when the iPhone was introduced in 2007 and high school students when the iPad entered the market in 2010. Twenge argues the complete dominance of the smartphone among teens has had ripple effects across every area of iGen-er lives, from their social interactions to their mental health. Twenge draws on national surveys of 11 million Americans, conducted since 1960, to reach her conclusions. From about 2012, she started seeing "large, abrupt shifts in teens' behaviour and emoti...

Transactions: Eastern Union’s $36.9M loan for Bronx portfolio, Meridian’s $2.6M for Cedarhurst co-op

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Finance & Accounting By REW •   April 26, 2017 Eastern Union Funding arranged the following transactions: A $36.9 million first lien mortgage for the acquisition of an 11- building multifamily portfolio in Bronx, NY. This transaction was arranged by Jonathan Singer and David Metzger. A $10,500,000 first lien mortgage for the acquisition of a 197- unit multifamily in Pennsville, NJ. This transaction was arranged by David Singer. A $5,000,000 first lien mortgage for the refinance of a 61- unit multifamily on 40th St. in Sunnyside, NY. This transaction was arranged by Michael Muller. A $2,200,000 first lien mortgage for the acquisition of a 6, 800 sf industrial property on Route 114 in East Hampton, NY. This transaction was arranged by Marc Tropp. A $1,450,000 first lien mortgage for the refinance of a 3- unit multifamily on South Lakeshore Dr . in Browns Mills, NJ. This transaction was arranged by Jeffrey Seidenfeld and Jonathan Singer. ••• Meridian Capital announced t...

Home Values Higher than Ever in Almost Half of Nation's Largest Markets

SEATTLE , Aug. 24, 2017 / / -- Home values are setting new records in about half of the country's largest metros, and the national median home value is now $4,100 more than it was in April 2007 , just before the market crashed , according to the July Zillow® Real Estate Market Report i . Home values in Denver , Dallas and San Jose have appreciated most beyond the previous record-highs set at the peak of the housing bubble in the mid-2000s. Homes in Denver are almost 60 percent more valuable now than during the bubble, increasing from a median home value of $235,900 in April 2006 to a current median home value of $371,100 . When the housing market crashed , home values plummeted and it has taken about 10 years for home values to reach new record highs. Strong labor markets and steady income growth have pushed up home values in the nation's hottest markets more quickly than in others. Among the 35 largest housing markets , 15 ii have higher median home values tha...

Zillow Group's (ZG) CEO Spencer Rascoff on Q2 2017 Results

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Zillow Group, Inc. (ZG) Q2 2017 Earnings Conference Call August 08, 2017 17:00 P.M. ET Executives RJ Jones – VP, Investor Relations Spencer Rascoff – CEO Kathleen Philips – CFO Analysts Ronald Josey - JMP Securities Mark Mahaney - RBC Capital Markets Unidentified Analyst - Sli.do © Provided by Seeking Alpha Earnings Call Transcripts Michael Graham - Canaccord Genuity Christian Rice - Needham & Company Hayden Blair - Stephens Inc. Brian Nowak - Morgan Stanley Mark May - Citigroup Lloyd Walmsley - Deutsche Bank Bradley Erickson - KeyBanc Capital Markets Shyam Patil - Susquehanna Financial Group Heath Terry - Goldman Sachs Presentation Operator Good day, ladies and gentlemen, and welcome to the Zillow Group's Second Quarter 2017 Earnings Call . At this time all participants are in a listen-only mode. Later we will conduct a question-and-answer session and instructions will be given at that time. [Operator Instructions]. As a reminder, today's call is being recorded. I wou...