At the link is another of Steve Rosansky’s insightful articles and this time on Constructive Receipt. Many of us commercial folks who have been in the business for a time have had 1031s go [...]
Scott Harris Scioto Commercial Realty Group Scioto Management Group 1225 Dublin Road Columbus, Ohio 43215 614-905-6614 Keller Williams Commercial Realty 2701 Ocean Park Blvd., Suite #140 Santa [...]
The hotel / hospitality sector is booming in the second quarter with more properties coming onto the market as a response to capital seeking hotel investment with private equity funds, [...]
The recovering capital markets are helped by the improving economy and consistent job growth. Manufacturing is expanding and corporate profits are up strongly so the spigot is on again. Life [...]
Massive new 1 million square feet mixed use project announced for Hollywood, California at Hollywood and Vine. Project valued at $1 billion includes two towers with the tallest at 48 stories [...]
The free market performs its magic as values increase and cap rates fall in the hot coastal markets so buyers’ interest is moving inland to markets with job growth and population growth. We’re [...]
Employment growth and rising demand coupled with an empty pipeline of new product coming online means rent growth by the end of 2011. Construction financing is becoming available, but lender [...]
One of the primarily keys to a robust commercial real estate market, beside lenders willing to lend, is job growth. Everything being equal, a robust employment market will equal a thriving [...]
IRS Audit statistics from the IRS 2010 Data Book. This should make good bedtime reading to help you sleep better or a good storybook for the kids. http://www.irs.gov/pub/irs-soi/10databk.pdf
This, in my opinion is not good news. We then will have no national competition for commercial MLSs. I’m not going to editorialize much here, but I’m not one iota happy to see this happen [...]
Office transaction volume for 1st quarter 2011 is double last year at a preliminary $12 billion and as more closed transactions are verified it might approach $15 billion for the quarter. Of [...]
And now, back to the news: NAR reports that the commercial real estate market is recovering far faster than many of us thought it would. I’ve sure seen antidotal evidence of this. I have [...]
With the big spike in oil and food prices in early 2011, its expected that the overall CPI will spike up a bit for 2011 to a level of 2% and maybe slightly higher depending of course on what [...]
Here’ s a fun one to play around with a bit. You can see that growth slowed in the last ten years in most major Metros. USA Today – Population Growth Slows Below is the interactive [...]
Here we go again. Institutional Investors are moving inland as prices for class A properties in major coastal markets hit precession levels or higher. Institutions are flush with money and [...]
Although, I’ve written about this in February, I thought it might be a good time for reminder, that as of April 6th the SBA Small Business Administration will open its 504 refinancing option to [...]
Three states, Nevada, Illinois, and Missouri have proposed bills that ban the use of short sales and foreclosures from the use as comps for appraisals for residential lending purposes. Maryland [...]
Just a reminder for my Columbus, Ohio / Central Ohio / Franklin County readers – your property tax valuation appeals must be filed by today, March 31. If filing in person it must be done [...]
Mark Heschmeyer at CoStar News discusses exactly what I’m running into out there in the recovering commercial real estate market and that is rapidly dwindling supply of something good to sell. [...]