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MIT’s Master of Real Estate Development Program Offers Scholarships for Students Interested in Sustainability, Finance & More

Archinect

This post is brought to you by MIT Center for Real Estate. The MIT Master of Science in Real Estate Development (MSRED) offers an unparalleled education in real estate practice. Candidates for the MSRED degree come to the Program with several years of experience within the built environment.

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Penn Station redevelopment takes another step forward following financing approval

Archinect

A key state oversight body approved the financing plan to redevelop Penn Station and its surrounding neighborhood Wednesday, greenlighting one of Gov. Additionally, a part of the financing plan includes charging the developers of the 10 skyscrapers planned for the site a fee instead of collecting city real estate taxes.

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A proposal for the second-tallest building in North America sneaks forward in Oklahoma City

Archinect

Matteson and other developers behind the scheme are hoping the local real estate market can support their ambitions, and say the 134-story apartment tower could be added to the mixed-use scheme provided there is adequate demand. The plan would be funded in part by a $200 million tax increment financing.

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The first phase of New York City's first net zero community has been set in motion

Archinect

million in financing for the first phase of Arverne East, a master-planned community and revitalization project within a 116-acre oceanfront site in the Arverne and Edgemere neighborhoods in Queens’ Rockaway Peninsula. In December, developers closed on $30.3

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Penn Station's planned redevelopment could be going nowhere for a while

Archinect

Vornado Realty Trust, the developer hoping to remake the skyline around Pennsylvania Station with a bundle of new office towers, has put the brakes on the massive redevelopment plan for now as interest rates remain high and the real estate market struggles to recover from the pandemic.

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Will Rocket Companies’s Recent Acquisitions Transform Home-buying—for the Better?

Dwell

Last month, Rocket Companies, the nations second-largest mortgage originator, announced that it is making two major purchases, of real estate giant Redfin and Mr. Cooperthe latter the countrys second-largest collector of mortgage paymentsin a series of transactions valuing nearly $11 billion total.

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AIA: Crowd-funding shows promise for financing real estate projects

BD+C

The Securities and Exchange Commission today voted 5-0 to propose rules aimed at letting startups tap large numbers of ordinary investors for small amounts of capital. read more.