Archives

This is British Petroleum’s first deal in oil and gas-rich shale in Northeast Ohio. The deal is reported to be worth $331,000,000 based on a $3,900 per acres upfront bonus payment.  It’s [...]

As many of us are aware, unless congress takes action, the top tax rate of dividends will increase from the current 15% to 43.4% next year.   That’s a top ordinary income rate of 39.5% plus the [...]

Dublin Ohio’s 800 acre core has been slated for a massive redevelopment effort along Bridge Street from Frantz Road to Sawmill Road.  Now, Dublin has a plan that will redevelop the corridor “into [...]

This is the last reminder because valuation appeals are accepted from December to March 31.  Your chances of winning are about half so it’s well worth doing, but must be done correctly and [...]

At the link is a status update on our new Hilton Hotel across from the convention center in Columbus’ Short North.  The pedestrian bridge is yet to be received and installed, but other than that [...]

As primary markets get ridiculously overpriced and the much preferred single tenant, triple net or absolute net corporate leased retail properties more and more unavailable, investor focus is [...]

Slow steady improvement was the name of the game in Columbus and Central Ohio for February 2012 residential real estate as 1,215 sales closed last month, which is a 5% increase over February [...]

The Puzzuti Company expects to break ground shortly for an 11 story hotel with office and parking garage.   The hotel will be on the east, Italian Village, side  of the street with a six story [...]

DQ News reported that 15,573 new and resale homes sold Southern California in February 2012.  That was up from January by 7.2% and up 8.4% from February 2011.  Plus it was the best February since [...]

CoStar’s monthly National Composite Index of Commercial Real Estate posted gains in eight of the last nine months for January 2012.  True, it’s March 15, 2012, but it takes them around 45 days to [...]

Several new under construction, 20 year absolute net leased, single tenant, single parcel Walgreens in various areas of the country are available as of today, individually or as a portfolio. This [...]

I read an update from the 1031 exchange specialist, Steve Rosansky, regarding increased inflation in the near future and using commercial investment real estate as a hedge. We’re starting to see [...]

It’s a mix of both moderately good news and some bad news.   Starting with the bad news is that we had a major drop off in construction and development funding from $321 billion last to $240 [...]

http://www.irs.gov/newsroom/article/0,,id=254383,00.html It’s that time of the year again.  This one is scary.  It’s bad enough having your identity stolen let alone have the perp [...]

Randyl Drummer of CoStar News wrote an interesting article on adaptive reuse, and primarily of surplus U.S. government property.  Since construction financing is still very difficult to obtain [...]