real estate

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, [...]

Columbus has added about 3,000 downtown apartments or condos over the last ten years and the pace of new construction and redevelopment is quickening.   It will take a while to get back to where [...]

 July 2013 sales at 25,419 new and resale homes and condos returned to historical normal levels due to increased inventory.  The long term average for July is 25,541 sales. Median price was [...]

Resale home sales were down in June amid a very tight supply, but prices way up.  Bubble time is coming again and then we all know what’s after that.  We generally go approximately 14 years [...]

Last weekend was the annual Columbus Art Festival and it was better than ever.  Even the weather cooperated this year and the crowds turned in mass.  Downtown Columbus at ground level is [...]

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 [...]

DQ News reports that Los Angeles and Southern California home sales reached their highest level since 2006 and median price reached five year high. A total of 21,415 new and resale homes were [...]

New High end apartments in the vicinity of downtown or the short north are commanding up to $3,000 per month.  A wave of swanky apartments are coming online within the next 12 months with two [...]

Median price hits 56 month high, up 23.4 percent from March of last year.  Much of that increase however, can be attributed to a big change in product mix as sales in higher priced neighborhoods [...]

For the second year, Westerville’s Uptown District will be awarding up to $15,000 in grant money per property for improvements ranging from paint, new windows, awnings to concealing rooftop [...]

The City of Westerville is looking at a plan to more effectively utilize the 1,100 parking spaces in the Uptown district. The plan is to create mid-block alleys and redesign the north – [...]

I continue to need  corporate leased, triple net retail c-stores such as 7-11, Circle K, Get Go (Giant Eagle) or Turkey Hill (Kroger).  Gas preferred on the triple net retail C-stores due to the [...]

According to CoStar News, sales of commercial real estate in the United States reached $64 billion last year, which is the highest since 2004 and increased 22 percent from 2011. The price gains [...]

DQ News reported solid gains for the first month of 2013 with 16,058 new and resale homes sold in January.  This number is down 20.8 percent from December 2012, but up 10.6 percent from a year [...]

Since this is the community where I actually live I thought I would post an update regarding activity in old uptown Westerville. The project at 7 & 9 N. State that my clients are working on [...]

A total of 20,274 new and resale houses and condos sold in December 2012, which is up 5.1 percent from the 19,285 in November 2012 and up 5.3 percent from the 19,247 sold in December 2011.  Sales [...]

Developers report that although money is still tight for new commercial development, money is far more available that it was a year ago, especially for new multiunit development. “It’s a good [...]

This is review and reminder to a post earlier in the year. A 1031 exchanger must complete the acquisition of a replacement property in a 1031 exchange before midnight on the earlier of the 180th [...]

According to Data Quick, 19,285 new and resale houses and condos sold in Los Angeles, Riverside, San Diego, Ventura, San Bernardino and Orange counties in November 2012.  Sales were down 8.5 [...]

New data show major rebound in both commercial and residential construction led almost entirely by multifamily and single family development. Developers and builders started construction on the [...]