Goodwin Procter Lawyer Sees Heavy Cross-Border Investment in U.S. Real Estate

Ettore Santucci, partner and co-chair of the REIT group with Goodwin Procter, joined REIT.com for a video interview at REITWorld 2014: NAREIT’s Annual Convention for All Things REIT at the Atlanta Marriott Marquis.

Regarding overseas investment in U.S. real estate, Santucci described the amount of cross-border capital flowing into U.S. real estate as “enormous.” These non-U.S. investors are primarily “big game hunting,” according to Santucci: looking for trophy assets and portfolios.

Ettore Santucci

News

Thanks to Whispering Giants CEO Jimmy Foster for Social Media Heavy Weights Dinner Party at Rumor.

Social Media entrepreneur and Celebrity Real Estate Agent Aaron Auxier says thank you to Jimmy Foster, CEO of Whispering Giants in Las Vegas, Nevada for throwing the Social Media Heavy Weights Dinner Party. The private dinner recognized those in the Las Vegas community who stand out in the world of Social Media, Web 2.0, and New Age business leadership. Faces who will shape the very future of a new Nevada. The dinner took place at Addiction restaurant at the chic Rumor Boutique Hotel with multiple courses being prepared by executive chef Vegas Vic. Courses were paired with outstanding cocktails freshly mixed by Milagro Tequila (who sponsored the event). Along with powerful conversation in regards to how we can work together to help the recovery of Las Vegas, the mainly 30-something crowd took a tour of four of Rumor’s soon-to-open penthouses designed by famed interior designer Mark Tracy of Chemical Spaces. To cap the night off, Joe Vargas and Aaron Auxier headed off VIP style to XS and Surrender nightclubs at Wynn’s Encore to live it up Sin City style (including the meeting of many global females). It’s Vegas baby!

Here’s the third test-modeling video with yet another tower! Just this week during Dubai’s “Cityscape” developer / architectural / real estate conference, Emaar’s chief competitor Nakheel showcased their ambitious plans for “Nakheel Tower” – a skyscraper community of 200+ floors reaching at least 1000 meters (1KM or 3280 feet) high. The particular forum thread for the tower on Skyscrapercity’s forums shows a height of 1170 meters and a width of 100 meters so that is what I modeled here in this video (the width of the bulk of the tower is about the same as the base of the Burj Dubai for reference). Being a skyscraper fan I thought it’d be interesting to put one of the former World Trade towers in a random island modeling of the game world – now coupled with the newest soon-to-be Earth’s Tallest Structure, the Burj Dubai Tower in Dubai, UAE – updated even further with Nakheel’s “Nakheel Tower”. Again, the goal of the mod wasn’t meant for testing the physics of the game but moreso accurately portraying the towers to help myself and others understand the scale where tall buildings once were and where they’re going. WTC Model designed in 3ds Max and imported into the CryEngine. BD Model drafted tier by tier in AutoCAD, then imported into 3ds Max and exported into the CryEngine. Nakheel Tower estimated from various renderings released by the company on SSC and the official nakheelharbour.com project website. The floorplan extrusions were created in CAD, and a rough 3d model
Video Rating: 4 / 5