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Deal Makers(30) 

The Biggest Deal Andrew S. Cheney, CCIM, and R. Craig Coppola, CCIM, of Lee & Associates in Phoenix negotiated the 12 year, more than $39 million lease of 111,598 sf of office space in Phoenix from 24th at Camelback II

Destination: Downtown 

Across the country, downtowns of all sizes are undergoing transformations. From reinvestments in public infrastructures and existing properties to the development of new hotels, retail stores, and sports stadiums, downtowns are becoming more people friendly. Fueling the redevelopment is the

CCIM Spotlight: Perfect Timing 

Receiving the scholarship was a blessing,” says Joan M. Harris, CCIM, CRB, GRI, broker owner of Joan Harris Realty in Prairieville, La., and one of the first recipients of the Education Foundation of the CCIM Institute’s Gulf Coast scholarships. Harris

Getting Paid When Purchase Options Are Exercised 

One of the most difficult tasks for a real estate agent may be the successful collection of a commission due upon the renewal or an extension of a lease. Listing agreements will often state that not only is the agent's

Deal Makers(29) 

The BIGGEST DealJulie L. Lux, CCIM, and James M. McCaffrey, CCIM, of Colliers Turley Martin Tucker in Minneapolis and a partner represented an undisclosed seller in the $43.5 million sale of the 344 unit Riverview at Upper Landing apartments in

The Deal Is in the Details 

You may not often have the chance to find a home for 1,000 greyhounds or convert a historic, 60 year old grocery store. However, when the opportunity arises, it pays to be prepared. What defines a unique deal? It all

Environmental Liability 

Environmental liability may be the fastest growing "killer" of real estate transactions in the United States. More than 200 state and federal statutes impose liability on owners, managers, and lenders of commercial and investment real estate. In turn, these players

Done Deals 

Some demanding commercial real estate deals take a year, some take two, and occasionally one takes a decade. Some transactions are undertaken with zest for their big bucks potential others may involve more complicated motivations, including not only personal but

Deals Without Borders 

As commercial real estate professionals step out of their comfort zones for creative projects in today’s economy, working with inbound foreign investors definitely should be a blip on their radar. However, before launching into this niche, it’s important to

Deal Makers(20) 

Office « David J. Downey Jr., CCIM, of Colliers Pinkard in Baltimore and a partner represented Miles & Stockbridge in a $25.6 million, 121,000 sf office space sublease from the Bank of America. He also represented Whiteford, Taylor & Preston

CCIM Spotlight(2) 

In 1994, Richard E. Juge, CCIM, CIPS, SIOR, 2010 CCIM Institute president and lifelong New Orleans area resident, saw a chance to set up shop in his hometown. Acting on a tip from a CCIM friend, Juge opened his first

Exchange With Caution 

Congress addressed what it considered to be abusive sale leaseback transactions involving tax exempt entities, known as sale in, lease out, or SILO transactions, by creating Internal Revenue Code Section 470 as part of the American Jobs Creation Act of

Equity Injection 

The dominos continue to fall in the commercial real estate market, leaving lenders exceptionally conservative in making loans for new projects. Loan to value ratios in the 50 percent range are not uncommon. In fact, some would say that outright

The Future of Multifamily Housing 

The U.S. multifamily housing market has benefited from the most stable supply and demand fundamentals of any property type for the past several years. As a result, at a time when many property markets, particularly the office and hotel markets,

Buyers Guide 

The Smartphone Graduates Sprint is the first major wireless carrier to introduce 4G service with the HTC Evo 4G, a smartphone that operates with Google&rsquo s Android system. Where Sprint&rsquo s 4G service is available, users can browse and download

Finding the Perfect PC 

Though notebook computers are increasingly common to many professionals (see "In Search of the Right Laptop," CIREJ, March April 1998), desktop personal computers still are popular thanks to their plummeting prices and soaring performance. So where mobility is not an

Eating Green 

As commercial real estate professionals become more environmentally conscious, so do their developments with the ultimate goal to achieve the U.S. Green Building Council’s Leadership in Energy and Environment Design certification. With more sustainable resources available, green buildings are branching

Color Your World 

Last January, Benedict J. Frederick III, CCIM, bought an Oki Data C7400DXN color laser printer. “I love this printer,” he says. Emotions often run high when commercial real estate professionals talk about their color printers. They are must have, must

Distressed Asset Dynamics 

Broker competition to service lenders&rsquo real estate owned assets is heating up as traditional leasing and sales activity cools amid the current market slump. Yet landing these coveted listing agreements is no easy task. Lenders faced with a growing portfolio

Expect the Unexpected 

Life doesn't always go as planned. That's especially true for commercial real estate professionals who find themselves struggling to revitalize weary structures or locate the right property when all roads seem to hit dead ends. Often in such cases, it's

Excel at Basic Mortgage Calculations 

It’s probably happened to you at one time after computing a basic mortgage calculation, you’re unable to recreate your steps. Financial calculators make the calculations simple, but you can’t save the results or print them. However, you can do just

Guide to Green 

The perfect example of local government hurdles to green building leapt off the newspaper page a few months ago. Former Vice President Al Gore filed a plan with the municipality of Belle Meade, Tenn., to install solar panels on the

Get IT Together 

Technology helps commercial real estate professionals to work faster, communicate better, and stay connected at all times. However, trying to figure out all the components of information technology is something that can take practitioners away from their daily business routines.

December 2004 Online Deal Makers 

RetailKeith A. Sturm, CCIM, «Michael K. Houge, CCIM, SIOR, and Deborah K. Vannelli, CCIM, of the Upland Real Estate Group in Minneapolis, represented the seller in the $1.2 million sale of a 3,894 square foot Pizza Hut net

Deal Makers(18) 

Office Charles S. Carmody, CCIM, of CB Richard Ellis Carmody LLC in Charleston, S.C., represented Jup iter Realty Corp. in the approximately $23 million sale of three office buildings totaling 162,478 sf in North Charleston, S.C., to private local investors.