I’ve been posting for a very long time so I thought it would be a good time to personally introduce myself to all of my readers. And since today is Halloween, I have an excuse!
Columbus scored well on a Chamber of Commerce survey of young professionals. 79% of respondents view Columbus as a vibrant city where folks are using Public parks, trails, recreation areas and [...]
Top retail and office properties have been bid up over the last year to the point where it makes sense to find another commercial real estate alternative. That possibly can be industrial where [...]
Retail closings fell 46% in the third quarter to $8.2 billion from the second quarter’s $15.2 billion. As bad as that was it was still an improvement over last year’s third quarter of $6.6 [...]
Homes sales in Central Ohio were 1,719 for the month and that’s up almost 17% over the 1,474 for September last year. Homes going into contract increased 58% last month over a year ago. Total [...]
Central Ohio does what it always does and recovers faster than the rest of the Midwest. September unemployment was down to 7.7%. That’s not where we’d like to see it, but it sure beats some other [...]
This is a follow up to what I posted back on the 13th. I’m not going to editorialize too much on this article from Mark Heschmeyer at CoStar News, but to second what’s he’s saying in that this [...]
It’s actually not all that surprising given that construction financing has all but shut down once again that any pickup of leasing activity means a net positive absorption given that there’s [...]
Once again, there’s not much in the way of good news to report regarding home sales in Southern California for September 2011. DQ News reported that 18,149 new and resale homes sold last month, [...]
To brighten the Monday a little bit I thought I would put together a short video of the fundraiser we did last weekend here in Columbus Ohio at the Columbus Zoo. We don’t get much weather as [...]
Here’s another one from Mark that follows on what I just wrote in the last post. And by the way, I need this kind of product for both buyers and sellers. See my contact page. It’s the cheap [...]
There’s plenty of money out there, but with a huge aversion to risk. Question is where to put it. You can’t make anything on money market, bond yields are way down, Europe is still in meltdown, [...]
Good question Steve. Under IRS Section 1031, cash or other non-like kind property actually or constructively received by the taxpayer in a tax deferred exchange (commonly referred to as [...]
We’re in day 5 of the identification period for a 1031 upleg and I to find: C store with or without gas, prefers without, for 1031 upleg. $1.2 to around $1.6mil. Need a corporate [...]
The CMBS recovery was coming along so strongly in the first two quarters of 2011 that conservative estimates were $35 – $40 billion and some predictions as high as $50 – 55 billion in [...]