- The Benefits of Cost-Segregation Studies
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When a commercial property is purchased or constructed, a building asset is created and the dollars are entered into a fixed asset system as 39 or 27.5 year property. Using the straight line method,
- Buyers Guide(32)
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Portable ScannerThe Scanalizer, a portable scanner by NeatReceipts, weighs less than a pound, is powered by a single USB cord, and can fit into a briefcase or laptop carrying case. The scanner allows users to scan items such as business
- Closing Counsel
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Today&rsquo s demand for new product in most real estate sectors has convinced a number of commercial real estate professionals to try developing properties either out of the ground or through the renovation of existing buildings. While development and redevelopment
- Deal Makers(38)
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OfficeW. Erik Foster, CCIM, of the Foster Group of Marcus & Millichap in Chicago and a partner brokered the more than $22.7 million sale of the 95,896 sf MacNeal medical office portfolio in Berwyn, Ill., from H.S.A. to Heitman. Foster
- CCIM Spotlight: Travel Guides
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Members of the CCIM Institute&rsquo s Jay W. Levine Leadership Development Academy are encouraged to use the program as a stepping stone for networking and establishing business ventures. But it&rsquo s unlikely that Mark Biery, CCIM, associate broker with Chapman
- Advancing Education
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The CCIM Institute has pro­ vided the commercial real estate industry&rsquo s premier educational resources since 1969. While many of the core invest­ ment principles taught in CCIM courses are timeless, today&rsquo s busi­ ness climate constantly is evolving, which
- Regional Outlook(12)
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CLEVELAND Big Box BonanzaDevelopers and retailers are betting that Cleveland shoppers are ready for a big box shopping center. The 1 million square foot Steelyard Commons shopping center will be home to the first
- Tax Issues Resource Guide
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Tax WatchTrust Worthy TipsCharitable gifts can be a tax wise alternative for investors.Nov.Dec.06 Tax WatchLeveraging LIHTCs New IRS guidelines provide safe harbor for nonprofit partners.Sep.Oct.06 Tax Watch Inbound Investments Use these tax strategies when advising international clients.Jul.Aug.06 What Motivates Inbound
- May 2007 Online Deal Makers
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OfficePatrick J. DiCesare, CCIM, of Patrick DiCesare Properties LP in Greensburg, Pa., represented the seller, Patrick DiCesare Holdings FLP, and the buyer,
- Office Property Resource Guide
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MOB Outbreak The fast spreading healthcare industry makes medical office buildings a lucrative investment.Mar.Apr.07Cover Story Office Towers Investors scale secondary markets as prices in this sector reach new heights.Sep.Oct.06 Designing Office Interiors Sep.Oct.06 Cover StoryOffice Market Madness Big money and
- Project Camouflage
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Making commercial projects compatible with adjacent residential areas during times of urban growth and infill development is a complex challenge. This task is particularly complicated when historic designations and active neighborhood associations are involved. Success
- Sites Unseen
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“It’s hard to get people to sign up for a dream,” says Jan Friedlander, CCIM, owner of Friedlander Commercial Real Estate LLC in Castle Rock, Colo., about the psychology of marketing unbuilt commercial real estate
- Excel at Financial Analysis Calculations
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Editor’s note While industry trends come and go, some investment principles remain infinitely valuable for commercial real estate professionals. A version of this article, originally published in the September October 2000 issue, is the most viewed article on Commercial Investment
- Loan Liaison
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Appraisers and underwriters are involved in the commercial real estate financing process as objective sources to ensure that buyers and lenders do not let optimism for projects result in unfavorable transactions. However, sometimes these professionals base their assessments on data
- Office Exodus?
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At corporations across the country chairs are empty. Maybe their occupants are working in the field or out to lunch, or maybe they are never coming back. Approximately 20.7 million U.S. workers no longer report to bricks and mortar offices
- NPV Review
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One of the most useful economic decision making tools for commercial real estate users and investors is discounted cash flow analysis. The first step in the DCF process is to reduce each alternative being analyzed to the amounts and timing
- Market Trends(29)
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Investment Conditions Ratings &ndash 1Q071=Lowest 10=Highest Apartment 7.1 Hotel 7.0 Retail 6.9 Industrial 6.8 Office 6.5 Source RERC CCIM Investment Trends Quarterly Improving Indoor AirPoor indoor air quality can affect not only inhabitants&rsquo well being but also the reputation and
- New Rules for Retail
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The rules for retail are changing across America, almost as quickly as the holiday lights come down and the racks of valentines go up on Jan. 2. Wal Mart has morphed from the feared competitor into the good neighbor that
- Upgrade IT
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Sooner or later every business needs to update, upgrade, or migrate its technology repertoire, but sometimes unexpected or external circumstances foist technology change upon companies almost without warning. With proper planning and acknowledgement that change is inevitable, business owners can
- Market Trends(30)
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Companies Slow Down HiringOnly 33 percent of industrial manufacturers surveyed planned to increase their workforce in the coming year, compared with 61 percent a year ago, according to PricewaterhouseCoopers&rsquo quarterly Barometer surveys. In fact, this year 12 percent plan to
- Retail Keeps Moving In
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Many retail experts are looking to smaller markets and unusual properties to create income producing developments. Anthony A. Strauss, CCIM, senior associate with Welsh Companies in Minneapolis, has done just that. Using a 30,000 sf industrial property
- Triple-Net Effects
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A prime advantage of commercial real estate ownership is the inflation hedge it creates. By periodically raising rents, real estate owners can keep pace with inflation and preserve the purchasing power of their rent dollars. However, when leases fail to
- June 2007 Online Deal Makers
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Industrial« Jon G. Savoy, CCIM, SIOR, of Lee & Associates of Michigan in Novi, Mich., and a partner represented the landlord, U.S. Real Property LLC, and the tenant, American Electric Vehicle Co., in the $2.5 million, long term lease of
- Valuing Vacancy
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A local property owner is anxious to sell his building and contacts you for assistance. The market is strong and the property is in top condition, but there is one catch The building is experiencing a vacancy problem. Should you