The multifamily segment of commercial real estate continues to strengthen in spite of new supply coming on line according to Randyl Drummer of CoStart news. Demand still far outstrips demand. [...]
I’m not saying that we’re quite back to pre crash levels of pricing but we’re getting there. Given the general malaise in the American economy with job growth, GDP growth and most other [...]
Randyl Drummer from CoStar News reported that after months of negotiations the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) agreed on [...]
As prices get stupid for the product of choice – the triple net or absolute net, S&P BBB or better, single tenant retail, it starts pulling up secondary and tertiary markets and [...]
I’m going to do a real quick, hopefully brief ‘Cliff Notes’ summary of these two important documents. This of course applies to not only retail, but any commercial transaction where there is a [...]
True, many banks are still working through their distressed property pipeline, but many have recently decided that it’s time to jump back into commercial lending, and yes, even for development [...]
Randyl Drummer with CoStar News reports that the rebound in office type jobs is becoming strong enough that we could see rent growth in the near future. The growth spreading to smaller [...]
First quarter 2012 softened a bit as compared to fourth quarter 2011, but net absorption remained positive according to Mark Heschmeyer of CoStar news. Plus, a mild slowdown in the rate of [...]
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 [...]
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 [...]
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 [...]
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 [...]
Just a reminder. Valuation appeals are accepted from December to March 31. Your chances of winning are about 50 – 50 so it’s well worth doing, but must be done correctly. Lock [...]
The Utica shale gas resources are forecasted to bring an addition 65,000 at an average $50k per year to the long suffering Northeast sector of Ohio. The area has been Ohio’s highest chronic [...]
The first half of 2011 saw strong leasing and buy activity, but after the debt limit negotiations last summer, the 2nd half was gripped by uncertainty and near certainty of a double dip. Fears [...]