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Thursday Dec 12, 2024
Real Estate Shifts: Boston Tax Plans and Dallas Developments
Explore the latest in commercial real estate as Boston's mayoral tax hike proposal is halted, sparing landlords from increased burdens. Meanwhile, Dallas' Design District gears up for a transformative two-tower development, promising to reshape the urban landscape. Plus, insights into Toronto's office vacancy trends and the anticipated market recovery. Stay informed on the evolving dynamics of real estate markets across North America.
Sources:
https://www.reit.com/news/blog/market-commentary/reit-cre-outlook-evolution-2025
https://therealdeal.com/national/boston/2024/12/11/boston-mayors-plan-to-hike-commercial-property-taxes-killed/
https://www.bizjournals.com/dallas/news/2024/12/11/hi-line-square-hn-capital-partners-mccourt.html
https://www.thestar.com/real-estate/toronto-office-vacancy-will-peak-next-year-with-a-recovery-in-2026-new-report-predicts/article_88f39e12-b70c-11ef-9c7a-6fb635dcff9a.html
Outline:
(00:00:00) Introduction
(00:00:41) Commercial Real Estate and REITs: Change Is In the Air for 2025
(00:03:24) Boston mayor’s plan to hike commercial property taxes killed
(00:06:10) Transformative 2-tower development headed to Dallas' Design District
(00:09:14) Toronto office vacancy will peak next year with a recovery in 2026, new report predicts