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PLTA is proud to offer The Wall Street Journal Developments Blog


The Developments blog features exclusive news, analysis and commentary on residential and commercial real estate from The Wall Street Journal’s real estate bureau.  The Wall Street Journal is one of the world's most trusted publishers of accurate financial news and business information. 


 

 

Malaysian Developer Wins Big From NY’s Decision on Casino LocationsOpen in a New Window

One of Malaysia’s most prominent casino developers was a big behind-the-scenes winner this week when a New York board made its much-awaited recommendations of where three casinos should be located.

 

The Next Challenge For Mortgage Lending?Open in a New Window

Regulators and lenders say that they've made major progress that should enable more Americans to get mortgages next year. But one major problem that could hold lending back has yet to be addressed, according to a research paper released by the Urban Institute this week.

 

U.S. Hotel Companies Eager to Plant Flags In CubaOpen in a New Window

U.S. hospitality companies responded to President Obama’s announcement on Wednesday that the U.S. and Cuba are restoring full diplomatic relations with hope mixed with a bit of caution.

 

New York Offices Cheaper Than London, And Nine Other MarketsOpen in a New Window

Offices in New York – and the rest of the U.S. – are a relative bargain, according to a new report out Wednesday from CBRE Group Inc.

 

Ka-Ching! Report Says NYC Apartment Market Set Records in 2014Open in a New Window

The Manhattan condominium and co-op apartment market is setting numerous new records in 2014 partly thanks to high sales of units costing more than $10 million, according to a new report.
The average sales price for co-ops and condos will come in at about $1.8 million in 2014 compared with $1.5 million last year, according to projections in the report by CityRealty, a real estate listings and data firm. That figure also tops the previous record of $1.6 million set in 2008. Overall sales volume is expected to hit $22 billion, up from $21 billion in 2013, the report says. The report projects the number of apartments sold will actually be down, to 12,600 units in 2014 from 13,900 in 2013.

 

Oil’s Plunge Is Pushing Mortgage Rates DownOpen in a New Window

Low oil prices may offer a hidden gift to consumers beyond the gas pump: They could also indirectly support lower mortgage rates.

 

Least Expensive Homes Languish Underwater Even As Equity RisesOpen in a New Window

About 8.7 million homeowners still owed more on their mortgages than their homes were worth at the end of September, according to a report released Wednesday by Zillow.

 

Small Investors Working Harder to Find DealsOpen in a New Window

Large investors continue to pour money into commercial real estate, forcing the little guys to look harder for deals.

 

Office Sharing Phenom WeWork Eyes Expansion into ApartmentsOpen in a New Window

As office sharing phenom WeWork grows, it is eyeing an expansion into the residential sector

 

Simon, Other Developers Boost Supply of Outlet CentersOpen in a New Window

Mall development in the U.S. is a virtually dead business because of oversupply and online competition. There's a whopping 1.25 billion square feet of mall space and it only increased 0.32% this year, according to the International Council of Shopping Centers. But the same can’t be said about the outlet center business, which has much less space. Supply has increased just over 5% this year, to 82 million square feet, the Council says.
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12/24/2014
Christmas Eve - PLTA Office Closed

12/25/2014
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1/15/2015
PLTA Mid-year Meeting - KOP - January 15, 2015

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