Downtown Cincinnati Living | Cranewoods Development, LLC

Cranewoods featured in Engineering News Record (ENR)

In the November 3rd 2010 edition of the Engineering News Record (ENR), Andrew Howe of Cranewoods Development is spotlighted in an article called “Consensus Is Reached: Nowhere To Go but Up” for his take on how real estate developers have dealt with the economic crisis and how they see a way forward in an environment of tighter credit and slower growth.

ENR is the leading news magazine for engineers in the construction industry in America and they rightly point out, “For developers able to roll with the recession’s punches, some new activity in markets this fall has owners and lenders finally mustering some optimism and cautiously returning to the fray.”

The article points out that Cranewoods rolled with the punches by realizing their expertise in construction and real estate development financing was needed by troubled investors, lenders and borrowers. Cranewoods began consulting long before the world’s economic troubles but their unique knowledge was in greater demand when so many projects and loans had to adjust to the changing economic conditions.

“Living Happens Here”

Downtown Cincinnati lofts got another acknowledgment of their value, convenience and quality of life. Recently, Downtown Cincinnati Inc.(DCI) and the Greater Cincinnati Relocation Council hosted a conference entitled “Living Happens Here,” to promote the wide variety and high quality of downtown and Over-the-Rhine lofts and living options for relocating professionals coming to Cincinnati.

““Downtown has a fabric that is very diverse. It has the hustle and bustle of all different races and economic backgrounds,” said Arleen Koth, vice president of DCI. “It’s where your living room can spread out into Fountain Square… And even without white picket fences, children and pets are a part of this fabric.”

The conference was organized to address a lack of awareness or misperceptions many realtors and relocation specialists have about downtown Cincinnati lofts and real estate options. The program included a guided tour of the variety of housing options available in Cincinnati’s business district and Over-the-Rhine.