April 27, 2024

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Real Estate & Construction News Round-Up 03/30/22 — Gravel2Gavel Construction & Real Estate Law Blog — March 30, 2022

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Workplace emptiness charges are on the increase, 3D printing know-how will be used to construct a portfolio of economical homes, assets from the Biden Administration’s Infrastructure Invoice are projected to speed up the development of “smart towns,” and additional.

  • Much more than two several years immediately after COVID-19 shifted the earth of do the job, place of work vacancy premiums in the U.S. have risen from 9.7% to 12.2%. (Axios)
  • With well known social media web sites escalating their commit on paid advertising calendar year-in excess of-12 months, condominium marketers and communities strategy to use these platforms for far more immediate selling (leases) to future residents. (Paul Bergeron, Globe St.)
  • Starfleet Innotech, a international asset administration business, lately introduced options to use design start-up Luyten’s 3D printing technologies to establish a portfolio of reasonably priced residences in the Philippines. (Paul Hanaphy, 3D Printing Marketplace)
  • Around the previous 12 weeks, mortgage charges have posted their greatest bounce considering the fact that the ’90s, with the regular 30-calendar year mounted mortgage loan fee standing at 4.42%—up from 3.11% in December. (Lance Lambert, Fortune)
  • The Infrastructure Financial investment and Employment Act (IIJA) provides money means, this sort of as the Strengthening Mobility and Revolutionizing Transportation (Intelligent) grant system, that could assistance facilitate the creation of smart metropolitan areas. (Rose Morrison, GEO Week Information)
  • Substantial costs of digital actual estate plots have pushed fascinated buyers into creating decentralized autonomous organizations (DAOs), forming collective possession in excess of a house. (Matthew Smith, IEEE Spectrum)

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