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Green building has grown exponentially in the past few years. Since 2003, the number of cities with green building programs has increased 418 percent, according to the American Institute of Architects.

And green building is about to grow even more: The green home market is forecast to increase from $2 billion to possibly $20 billion over the next five
years, according to a recent report that was co-sponsored by the National Association of Home Builders.

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Taking advantage of a Seattle apartment market with a high barrier to entry, Sobrato Development Cos. has acquired Expo62 (pictured), a 114-unit apartment complex in the Lower Queen Anne area of the city from Intracorp Real Estate L.L.C. in a $48 million deal.

“The complex will be completed this month. Originally planned as a for-sale condo community, the project was switched to apartments because of the slowing condo sales in the area,” Jeffrey Williams, partner in the Pacific Northwest office of Chicago-based Moran & Co., which brokered the deal, told CPN. “With a very robust apartment market with very little supply or delivery coming online coupled with the robust rent and job growth, this project was very attractive to investors,” Williams added.

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PALM JUMEIRAH, DUBAI- Details were released Monday about the proposed Trump International Hotel and Tower on Palm Jumeirah, a development of Nakheel, an entity of the government-owned Dubai World. Nakheel and Trump are partnering on the 62-story structure, which will have 399 freehold apartments and 378 hotel units. The property is reportedly being built for $1.1 billion. However, Trump officials said they believe the property will be worth much more, proclaiming in a statement that the average apartment is selling for an average of $2,450 per sf per unit. Since the units will range from 890 sf to 7,500 sf, if the average unit is somewhere between that range, than the residential portion of the property will be worth more than $3 billion. The company did not break down the sf per unit. Company officials are reportedly in negotiations to sell one of the penthouses for $30 million.

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Who doesn't want to be popular? Who doesn't want a blog that's so on fire, someone's gotta call 911? Now, that's hot. It's going to take a little more than fire to get your blog up and going and well, to Mr. Popular status. There are so many blogs out there that you really have to be unique to stand out. Here are some fun ideas to keep your blog on fire! toot toot!

 

Great Content: Yes, we know this one. This is the #1, the big mamma, the big shabang! If you do not have good content, you will not have readers. Please try not to write just for the sake of writing. You might just shoot yourself in the foot if you do this.


Source: Lindsay Pendleton, e-PRO, REW, AHWD
Baton Rouge, LA

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The Real Estates List website launched!