Patricia Kirk

San Diego

Freelance Writer at Freelance

Journalist/Documentary Filmmaker-Green Building, Sustainability, Clean/Green Tech, Commercial Real Estate, Architecture and Medical Research and Healthcare

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Articles

How Well Can You Do by Doing Good?

1 month ago | multihousingnews.com | Patricia Kirk

Catalyst’s Satori Apartments, a 112-unit affordable and workforce housing development in Minneapolis, received state, city and county subsidies, and secured a 40-year HUD loan with a low, fixed rate.
Wealth Surge Drives Family Office Growth, Evolution

1 month ago | commercialsearch.com | Patricia Kirk

By Patricia Kirk May 7, 2025 InvestmentFeaturedFinance As they grow in size and sophistication, they're maintaining flexibility. Family offices are recognizing the value of operational technology, says Rebecca Gooch, Head of Deloitte Private Global Insights Since the pandemic, family offices have grown from 6,130 to 8,030 globally and are expected to increase by 2030 to 10,720, according to a new Deloitte report. That equates to a 75 percent increase over the last decade, Family offices now...
Is New York City’s new hotel safety act a good or bad thing?

2 months ago | hotelmanagement.net | Patricia Kirk

New York City's Safe Hotels Act is set to come into effect on May 3. It will impose a new $350 licensing fee, which must be renewed every two years, as well as imposing inflexible staffing requirements on the city’s largest hotels. It also will set stronger security and cleaning standards aimed at strengthening safety and health protections for both hotel workers and guests.
Despite Turmoil, Foreign Buyers Can't Resist U.S. Multifamily

2 months ago | multihousingnews.com | Patricia Kirk

Canada-based CPI Capital is underway on a seven-acre duplex project in northwest San Antonio that features 30 duplex lots for a total of 60 units. Rendering courtesy of CPI CapitalConcerns over increasing risk of investing in U.S real estate has some foreign investors taking a pause. But U.S. property fundamentals are too enticing, especially in the multifamily sector, for them to pull out altogether, experts say.
Strong performance puts hotels back on investors’ hot list

2 months ago | hotelmanagement.net | Patricia Kirk

The pandemic influenced shifts in where and how Americans live and work and initiated a greater focus on health/wellness and social experiences. These values are now at the heart of trends in the hospitality industry and are driving capital investment in hotels, with travel domestically and worldwide setting records over the last couple of years, with U.S. domestic travel spending exceeding $1 trillion for the past two year, according to the U.S. Travel Association.
Strong performance puts hotels back on investors’ hot list, but tariffs cause concern

2 months ago | hospitalityinvestor.com | Patricia Kirk

The pandemic influenced shifts in where and how Americans live and work and initiated a greater focus on health/wellness and social experiences. These values are now at the heart of trends in the hospitality industry and are driving capital investment in hotels, with travel domestically and worldwide setting records over the last couple of years, with U.S. domestic travel spending exceeding $1 trillion for the past two year, according to the U.S. Travel Association.
Foreign Investment Down, but Not Out

2 months ago | commercialsearch.com | Patricia Kirk

By Patricia Kirk April 2, 2025 FeaturedInternationalInvestment U.S. real estate is still a compelling opportunity for foreign investors, though they're re-evaluating risks in light of new tensions. Experts thought cross-border investment would bounce back in 2025. But expectations are being adjusted. Image by VIK Historically, foreign investors have considered the U.S. a safe haven for commercial real estate investment, but foreign investment in U.S. real estate took a dive in 2024, dropping...
How Tariffs and Labor Shortages Will Thwart Housing Production - Multi-Housing News

Mar 26, 2025 | multihousingnews.com | Jessica Fiur |Vicentiu Fusea |Claudiu Tiganescu |Adina Rogoz |Anca Gagiuc |Laura Calugar | +4 more

New federal policies have already impacted deal flow. What's next?
From Data Center YIMBY to NIMBY?

Mar 5, 2025 | commercialsearch.com | Patricia Kirk

By Patricia Kirk March 5, 2025 Data CentersFeaturedInvestmentNationalSustainability A growing number of states and towns are tightening incentives and regulating growth. Aerial view of data centers in Ashburn, Va. Photo by Gerville/iStock Over the last decade, state and local governments have welcomed data centers with open arms by creating massive subsidies and tax incentives for them. According to NAIOP, 36 states currently offer incentives for data centers as a way of boosting their...
After the smoke clears: What the California wildfires mean for real estate

Feb 13, 2025 | hotelmanagement.net | Patricia Kirk

As Los Angeles County fires swept through local communities, hotels and restaurants cast a lifeline to rescue workers and residents displaced by towering infernos that have already resulted in 28 deaths and leveled large swaths of the Pacific Palisades, Altadena, Malibu, Brentwood and Topanga.