Search

October 2006 Online Deal Makers 

TIC Talk 

The explosion of tenancy in common transactions has been a hot topic among commercial real estate professionals for several years now. TIC investors will purchase between $5 billion and $10 billion of real estate in 2006 alone, industry

Designation Rights 

When retail tenants are unable to honor rent payments due to bankruptcy, selling the property's designation rights may provide an alternative option for realizing the leases' value. A designation rights sale involves debtors transferring their right to decide which leases

Designing Office Interiors 

Design trends in the corporate office scene are constantly changing with new technological advances, environmental concerns, and space availability. As 2007 approaches, companies are looking toward designs that are energy conscious, flexible, comfortable, and reflective of their corporate brand. To

CCIM Spotlight: Going Solo 

After 26 years of working for a large, well known commercial real estate company, Duane Jones, CCIM, felt that it was time to start his own business. He wanted to give more time and attention to his clients and make

Deal Makers(42) 

RetailBrad Luger, CCIM, of GVA Advantis Real Estate Services in Tampa, Fla., and a partner represented Harborview Investors LLC in the $15.6 million sale of the 117,176 sf Colony Crossings shopping center in Tampa to Stella Del Mar LLC. Luger

Market Trends(31) 

New Orleans Markets RatedNew Orleans' apartment market garnered an investment conditions rating of 7.2 out of 10 points in a recent Real Estate Research Corp. study. Industrial came in second with a 6.4 rating and hotels third with a 5.6

Hired Learning 

With large numbers of generation X and Y members entering the workforce and baby boomers remaining in the workplace well into their sixties, internships and mentorships are good stepping stones in the current job climate. Commercial real estate especially is

Leveraging LIHTCs 

As the need for affordable housing increases across the country, more com mercial real estate devel opers are partnering with nonprofit companies to leverage access to low income housing tax credits as a source of project financing. Earlier this year

Finding Common Ground 

When local university students began calling Midwest Realty Group LLC in Portage, Mich., pretending to be prospective clients for a real estate class assignment, Rick R. DeKam, CCIM, a partner in the office, always could pick them out. Rather than

Market Trends Online(6) 

New Hotel Income StreamsPrivate offices are the newest business amenity offered by hotels, at least in England. Business travelers stuck in London for a day with no place to work can go to the Hoxton Urban Lodge, which rents private

Master Plans 

Financing a commercial real estate project based on its rental stream presents many challenges for property owners. These challenges intensify when deficiencies arise from vacant space, scheduled lease expirations, tenant concessions such as free rent, or other lease attributes that

Office Towers 

As the U.S. added 2 million jobs to the economy during the last 12 months, office vacancy rates in major markets fell to their lowest point since 2001. Although job growth moderated during 2006's first half, the office market is

Rocky Mountain Roundup 

Change and growth define the U.S. Rocky Mountain region. Four of the country's top five fastest growing states are part of the region Nevada, Colorado, Utah, and Idaho, according to the U.S. Census Bureau. In Kootenai County, Idaho, property values

Renter Requirements 

Is it landlords&rsquo responsibility to make sure all tenants purchase renter&rsquo s insurance? It should be, according to a LeasingDesk Insurance Services study. Multifamily landlords who insist their tenants purchase renter&rsquo s insurance save significantly on costs related to tenant

Yield of Dreams 

There has been plenty of buzz during the past several years about the potential of utilizing revenue management practices in real estate, especially for pricing apartment rents. Revenue management, also known as yield management, automatically determines lease rates based on

Top-Level Transactions 

Although capital continues to flow into commercial real estate at unprecedented levels, the real news is the intense competition for properties as well as the size, diversity, and complexity of transactions this money fuels. U.S. real estate investment trusts and

True Value 

Purchasing and repositioning undervalued properties is the investment strategy du jour, and effective property management often is the secret to building success. "Property management is at the heart of our business," says Jerome N. Lehman, CCIM, president of Prudential CRES

Buyers Guide(14) 

Slide to TalkWith a slide design, high speed 3G technology, Bluetooth, and simultaneous phone and data downloading capabilities, LG Electronics' CU320 mobile phone meets multitasking users' needs. The phone includes a full duplex speaker mode, instant messaging, a 500 contact

CCIM Charts Future Course 

Commercial real estate is a goal oriented business. Yet as the industry and markets evolve, organizations must evaluate their objectives and methods for meeting those goals to ensure they function to their greatest potential. Currently the CCIM Institute is in

15 Guidelines for Tenant-In-Common Properties and Sponsors 

Proper structuring is a critical step in tenancy in common transactions. Pursuant to Revenue Procedure 2002 22, the Internal Revenue Service will consider issuing a private letter ruling to an interested party if the following 15 conditions are met and

September 2006 Online Deal Makers 

OfficeJames W. Mosby, CCIM, SIOR, of Colliers Turley Martin Tucker in St. Louis and two partners represented Pierre Laclede LLC in the more than $2.2 million, seven year lease of 12,408 sf of office space in St. Louis to Capes