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- All Subjects: Multifamily
- Creators: Sadusky, Brian
- Member of: Barrett, The Honors College Thesis/Creative Project Collection
Music streaming services have affected the music industry from both a financial and legal standpoint. Their current business model affects stakeholders such as artists, users, and investors. These services have been scrutinized recently for their imperfect royalty distribution model. Covid-19 has made these discussions even more relevant as touring income has come to a halt for musicians and the live entertainment industry. <br/>Under the current per-stream model, it is becoming exceedingly hard for artists to make a living off of streams. This forces artists to tour heavily as well as cut corners to create what is essentially “disposable art”. Rapidly releasing multiple projects a year has become the norm for many modern artists. This paper will examine the licensing framework, royalty payout issues, and propose a solution.
within the City of Tempe. Our team conducted a vast amount of market research to determine
what sector of the market would provide the best return on investment. We organized meetings
with local brokers from Cushman & Wakefield, CBRE, JLL, and Colliers International to learn
more about the current market environment. Also, we organized meetings with local developers,
architects, and lenders. These included Merit Partners, Sunbelt Holdings, MODUS Development,
Catclar Investments, 5Visual, Butler Design Group, and Colonial Capital. Through the research
we conducted we were able to successfully determine that a multifamily development within the
City of Tempe would be a great way to enter the Commercial Real Estate Development field.
Our project consisted of the full land acquisition process, architectural site plan review, financial
analysis, and completion of the product.