1031 Exchanges Given the glut of triple net retail, single tenant, S&P BBB rated or higher, replacement properties that have come on market over the last couple of weeks, we have plenty of [...]
The five acre Martin Cadillac GMC dealer that’s been on the corner of Olympic and Bundy for 40 years will soon be replaced by a big new seven story 516 residential unit, apartment and or [...]
There’s an amazing amount of commercial and residential construction activity in the Columbus Metro this summer so I thought I would take you over to Walker Evans’ Columbus [...]
This has been a long time coming. Finally, construction is going to get started on the Sawmill Road extension in the next couple of weeks with completion expected in October 2016. Today, Monday, [...]
The South Park mega billion dollar project, Fig Central, just broke ground on the 4.6 acre lot that’s adjacent to LA Live. The project will have a five star Robert Cavalli hotel, luxury [...]
Once finalized, this second route 36/37 interchange may end up looking just like the interchange at Polaris Parkway and Gemini Place, The proposal that ODOT likes puts this second interchange [...]
The reimagining of Pacific Palisades’ Palisades Village has been underway for years by Rick Caruso, developer of The Grove and Americana at Brand. Now the actual work is about to begin [...]
The announcement came yesterday that Nationwide Realty bought the eight acre Byers Chevrolet property on W Broad Street, just west of Downtown Columbus on the Scioto Peninsula . Byers plans to be [...]
This one is for my triple net retail investors. Net leased retail buyers desiring leverage know that national credit retailers’ credit ratings with S&P and Moody’s are hugely [...]
One big weakness in Columbus that hasn’t been addressed yet is the dowdy convention center. And here we are trying to attract the 2016 GOP National Convention or even the DNC? With what? [...]
IRS 1031 Exchanger in 45 Identification period looking for $3.5 to $5 million, national credit, preferably single tenant, NNN, triple net retail with at least seven unexpired years left on net [...]
Rule # 1 Both the relinquished property and replacement property must be held for investment purposes or used in a business and be ‘like kind’. Rule # 2 The IRS requires the investor to identify [...]
Since we’re getting into tax season, I’m getting more calls over the last few days regarding the basics of a 1031 delayed or reverse exchange so I thought it best to review some of [...]
1031 tax deferred exchanges under IRS section 1031 of the Internal Revenue Code allow real estate investors to defer taxes that would be due if the property was sold instead of exchanged. If the [...]
I haven’t written much about 1031s over the last year or so, but given the 50% increase in capital gains taxes in many circumstances and the 3.8% Net Investment Tax, there’s been a [...]
Recovery has been very slow in the United States commercial real estate office and industrial markets, but falling vacancy and limited new development, from constrained construction financing, [...]
Existing triple net retail commercial property has experienced quite a resurgence over the last couple of years for several reasons. First, new construction of triple net retail commercial [...]
With 10 year treasuries at just under 3%, we’ve seen about a 100 bp rise in rates over the last couple of months. Is this finally affecting the super hot, investment grade, single tenant, [...]
In DLA Piper’s annual survey of the commercial real estate industry, 85 percent of senior executives at commercial real estate brokerages, REITs, etc., hold a bullish outlook for the remainder of [...]
The city of Dublin, Ohio has embarked on a grand project with this one so here’s an update on the progress. The project is moving along and the city is offering a quick look at what it [...]