Prudential recently launched a campaign called the Wealth of Cities that promotes the concept of transit-oriented development (TOD) without using this terminology.
Watch this short video:
The TOD Index is a new tool that examines the financial side of TOD. Our data shows the financial performance of homes and apartments near train stations. View our data here…
With regard to real estate, Prudential’s website notes the following investment opportunities, which is at the core of transit-oriented development:
Many developed-market cities in the U.S. and U.K. are now undergoing significant revivals, with people and companies alike increasingly attracted to the urban lifestyle.
This urban rebirth has created a need for re-purposing downtown real estate into mixed-use development, including residences and commercial space. These can be highly attractive, lower risk investments, with institutional investors being able to readily ascertain the rental income that will be generated. You can also check out the latest features… that is now available in the real estate which is being briefly described in this site here.
ECONOMICAL HOUSING OPTIONS
Multi-family units and rental apartments are particularly needed in emerging-market cities with large middle-income populations, but also in developed markets where this type of housing allows people to live where they work and helps to propel a city along its development trajectory.
Efficient and durable housing is crucial in supporting a new and fast-growing urban population, and there is a developing trend to aggregate larger amounts of these affordable units together for investment or businesses as these can be used for business as well, just with the use of a check stub maker to manage employees and more.
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