Real Estate Wire/Green Trends News Wire

By Mike Bonts Editor, Real Estate Wire ORLANDO - The hotel capital of Florida, Orlando and Kissimmee, are the target for third party-hotel reservation scams.  Respectable hotel brands seem incapable of stopping the scammers and in some cases disavoy any knowledge or responsibilty. Hotelvalues refused to issue a refund for a reservation  made 24-hours earlier . They cite it being a hotel policy even when the hotel didn't receive any compenstion. There is a website dedicated to complaints against these third-party web sites. Allied Market Research recently published a report, titled, "Travel Accommodation Market by Type (Hotels, Hostels, Resorts, Vacation Rentals, Others.) According to the report, the global travel accommodation industry generated $632.80 billion in 2021, and is expected to reach $1,974.30 billion by 2031, witnessing a CAGR of 11.3 percent from 2022 to 2031. The travel accomodation market is prime market scammers. Central Florida is no exception. When making on...

The National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) applaud the Biden administration for continuing to recognize the nation’s critical shortage of affordable housing and taking additional steps today to help address it. In addition to the Housing Supply Action Plan announced in May, today the Treasury Department issued new guidance to make it easier for state and local governments to use their American Rescue Plan (ARP) funding to boost the supply of affordable housing. NMHC and NAA, on behalf of the approximately 40 million Americans who call an apartment home and the 17.5 million jobs that the apartment industry supports, thank the Biden administration for making housing affordability a key priority. According to new research released today, conducted by Hoyt Advisory Services, the U.S. needs to produce 4.3 million more apartments by 2035 to keep up with demand and address the undersupply caused by underbuilding after the 2008 financial crisis. Th...

Brayton Point Commerce Center hosted President Joe Biden at the Brayton Point redevelopment project in south Massachusetts. Big thanks to the administration for highlighting the use of legacy energy assets to propel the transition to renewables. "Today, Brayton Point is on the frontier of clean energy in America. On this site they will manufacture 248 miles of high-tech, heavy-duty cables. These specialized subsea cables are necessary to tie offshore wind farms to the existing grid. Manufacturing these cables will mean good paying jobs for 250 workers. As many as the old power plant had at its peak." President Biden said. In 2018, CDC/ELT acquired Brayton Point and set a goal to transform the retired power plant into a logistics and manufacturing hub for offshore wind energy. They report overwhelming success in that endeavor.  The property is the future home to a subsea cable manufacturing plant (Prysmian Group) and an electric converter station (Mayflower Wind) which will br...