Real Estate Battles Tax Proposals, Major Retail Sale in Philadelphia, and Austin’s Housing Expansion

In today's episode, we delve into the real estate industry's strong opposition to new tax proposals in Congress, highlighting potential economic impacts. We also cover the $20.1 million sale of a retail center in suburban Philadelphia, examining its significance in the local market. Plus, we explore a new 321-unit apartment project breaking ground in Austin, Texas, amidst high vacancy rates, and discuss its implications for the city's housing landscape.

Sources:
https://www.credaily.com/newsletters/real-estate-industry-pushes-back-on-tax-proposals-in-congress/
https://natlawreview.com/article/presidents-remarks-keep-pressure-congress-deliver-taxes
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https://crenews.com/2025/03/11/suburban-philadelphia-retail-center-sells-for-20-1mln/
https://crenews.com/2025/03/11/rents-at-major-apartment-reits-grew-by-2-4-last-year/
https://www.bizjournals.com/austin/news/2025/03/07/csw-development-multifamily-northwest-hills-austin.html
https://studenthousingbusiness.com/balfour-beatty-to-develop-145-million-residence-hall-at-university-of-texas-at-austin/
https://crenews.com/2025/03/07/work-starting-soon-on-latest-phase-of-laredo-texas-business-park/
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https://www.bdcnetwork.com/home/news/55272882/austin-rents-drop-by-more-than-20-after-home-building-surge
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https://crenews.com
https://communityimpact.com/austin/round-rock/development/2025/03/06/the-district-breaks-ground-to-elevate-round-rock/
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https://www.sanmarcostx.gov/CivicAlerts.aspx?sort=date
https://www.zillow.com/community/congress-lofts-at-st-elmo/2057097863_zpid/