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1500
employees in 31 markets
$85
billion
in assets
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Although affordable housing developers are making good use of the funds
offered through the American Recovery and Reinvestment Act, the
stimulus money for the low-income housing tax credit (LIHTC) program
will likely run out in early 2010, and experts say new legislation is
needed to spur investor interest in LIHTC and to prevent affordable
housing projects from stalling across the nation.
Read Article
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October marks the official beginning of flu season. This year,
we’re dealing with seasonal flu and H1N1, also known as swine
flu. Millions of Americans have been infected—coughing,
sneezing
and spreading germs everywhere—from the buttons in an
elevator to
the grocery cart handle. (The virus can survive for 72 hours on common
surfaces such as faucets or door handles.) For commercial real estate
owners and managers, this means their buildings, which house hundreds
if not thousands of people, could be hot spots for the H1N1 virus.
Read Article
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Total
construction spending on an
annual basis is expected to fall 12 percent this year and 4 percent in
2010, but spending in healthcare and infrastructure segments will
increase, according to the Third Quarter U.S. Construction Briefing by
IHS Global Insight’s Construction Service. Moreover, real
total
construction spending is expected to rebound with double-digit growth
on an annual basis in 2011 and 2012, according to the IHS Global
Insight forecast.
More...
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London and
Paris have been named as Europe’s most business friendly
cities,
while Moscow can expect the biggest influx of companies over the next
five years, according to Cushman & Wakefield’s 19th
Annual
European Cities Monitor report.
More
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