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Commercial Construction Predictions and Trends for 2013

HardHatChat

Michigan Avenue in Chicago is seeing a mix of high-end retailers and value retailers, a trend that will continue in 2013 in markets across the country. This mix benefits retailers such as American Girl, which Englewood built out in 2009 at Water Tower Place, as more foot traffic passes through the area.

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10 Cities at Greatest Risk for Possible Housing Crisis

Pro Builder

FHA mortgages are catered to borrowers who may be first-time, minority, or lower-income, Realtor.com says. Houston has the second highest number of delinquent FHA loans, followed by Chicago, Washington, DC, and Dallas. In August, nearly 17.4% of the 8 million FHA-backed mortgages were delinquent while 11.2% Bureau of Labor Statistics.

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3 affordable housing projects that serve as social catalysts

BD+C

Eleven million people in this country are paying more than half of their income for rent, and these are low-income people,” says Richard Burns, CEO of the NHP Foundation, a national not-for-profit provider of affordable housing. Affordable housing is housing built for people who earn 80% or less of the area median income (AMI).

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Location Focus: Illinois – Trying to Make Headway in Every Way

Business Facilities

According to the Chicago Tribune , “The fund will award convertible notes initially ranging from $100,000 to $500,000 to early-stage Illinois-based companies working in renewable energy, energy efficiency, smart grid, next-generation transportation and water resource management. This venture capital fund allocated with $2.3

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Putting 9 senior living market trends into perspective

BD+C

For developers and operators of senior living communities, the upper-income part of the market has the most potential for financial success but also the most options. Photo: Andrew Rugge / © Perkins Eastman In an earlier project in Chicago, this hotelier also learned other lessons that impacted the cost of their operations.

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U.S. CRE Turning Around In 2014, According To New PwC/ULI Report

Buisness Facilities Contributed Content

As a result, the report anticipates that 2014 may be the year that many investors who have traditionally focused mainly on large established markets such as Boston, Chicago, Los Angeles, New York City, San Francisco and Washington, will be expanding their focus to other cities in order to protect capital.

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Centers of Technology: The Future Is Now

Business Facilities

CHICAGO AIMS FOR THE TOP OF THE TECH CHART. Chicago is rising up in ranks to become the next big place for technology innovation. Chicago’s Digital Manufacturing and Design Institute (DMDII), has partnered with McKinsey & Co. Chicago’s Digital Manufacturing and Design Institute (DMDII), has partnered with McKinsey & Co.