- Tourist-Market Investment Tips
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The atmosphere may be laid back in tropical tourist destinations, but solid investment opportunities can make some big waves. For example, Curtis A. Skomp, CCIM, senior commercial agent and broker associate with Coldwell Banker Commercial Schmitt Real Estate Co. in
- Tourist Attraction
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Serving as a powerful economic engine, travel and tourism generate an estimated $1.9 trillion in the U.S. each year, according to the U.S. Travel Association. And, where there are travelers and tourists, there are prime opportunities for commercial real estate
- Affordable Green Leasing
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The article “Not Easy Leasing Green” (CIRE, September October 2012, p.36) told an unpopular truth. It tallied a long list of hurdles confronting tenants and landlords who pursue Leadership in Energy and Environmental Design certification. This situation helps explain why
- Policy Advocate
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As a member of the CCIM Institute, you are fortunate to have a strong legislative advocate working on your behalf. CCIM, in conjunction with the National Association of Realtors and the Institute of Real Estate Management, is one of the
- Time-Tested Technology
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With more than 50 years in the business, John M. “Jack” Peckham III, CCIM, CIPS, RECS, of Peckham Boston Advisors in Boston, has been instrumental in the evolution of commercial real estate. With a keen sense of how technology could
- CCIM Connections
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Financing’s Future Since Richard L. Podos, CEO and president of Lance Capital in New York, appeared on the Commercial Financing panel at the CCIM Live conference last October, the presidential election and fiscal cliff have come and gone. Have the
- International Beat
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France’s Big Deal French developers Unibail Rodamco and Socri are joining forces to build a $462 million outdoor shopping center on the French Riviera. Scheduled to open in 2015, Polygone Riviera in Cagnes sur Mer outside of Nice will feature
- March/April 2013 Online Deal Makers
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Retail David Denton, CCIM, of DAR Development in Grand Rapids, Mich., represented an undisclosed lessor in the 10 year, $2.1 million lease of 21,177 sf of retail space in Grandville, Mich., to JoAnn Stores. Ed Colson Jr., CCIM, of Cassidy
- Regional Outlook
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National The Big Deal Does Cerberus Capital Management’s $3.3 billion purchase of 877 grocery stores from SuperValu threaten the stability of grocery anchored neighborhood centers? Market watchers predict the real estate management group will close stores in all of the
- Real Estate Gifting Realized: Bargain Sales
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This third article in a series on real estate gifting issues covers bargain sales. Commercial real estate professionals and their clients should consider all options when discussing the charitable donation of real property. Real Estate Gifting Realized, a new program
- Coexisting With Coworking
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Onward Coworking in Chicago’s West Loop has the look and feel of a company that would rank as a best place to work loft ceilings, exposed brick, a skyline view from the rooftop deck, and on site happy hours. But
- Taking Credit
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In the current economic climate, creative thinking is critical when it comes to securing the financing needed to purchase or rehabilitate real estate. With underwriting standards still extremely tight, banks remain less likely to lend, and when they do, loan
- A Game of Risk
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Every real estate professional is well aware that commercial real estate is making a comeback. Even during the depth of the recession, the market of 2009 presented a great deal of opportunity for investors and lenders. Many of
- Dealing With Distress
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Daniel Latshaw, CCIM, played an artful balancing act in marketing a failed mixed use development last summer in midtown Atlanta. A partner at Bull Realty, Latshaw represented the property owner, who had defaulted on loans for the 2.5 acre site
- Big Money on Campus
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Economic cycles close the door on some opportunities while opening the door to others. In the case of student housing, all key indicators suggest that the door continues to remain wide open — promising the availability of attractive investment opportunities
- Deal Makers
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The Biggest Deal Andrew Briner, CCIM, and John McManus, CCIM, of Cushman & Wakefield in Oakland, Calif., negotiated the more than $27.2 million sale of a 552,450 sf industrial property in Manteca, Calif., from Metlife to Duke Realty. Briner and
- Taxing Changes
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In the wee hours of Jan. 1, 2013, Congress passed the American Taxpayer Relief Act of 2012 and the tax changes that resulted will drastically alter the way commercial real estate professionals plan for major transactions. Additionally, tax provisions written
- Practice Due Decency
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Your mother always told you to be a good person, but was her concern your values or your business prospects? Decency during business negotiations may be the right thing to do, but it can also further personal relationships that create
- Choices of a New Generation
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Rose Cabezut, CCIM, qualifying broker with Eylim in Albuquerque, N.M., began working in commercial real estate full time in June 2008. It was inauspicious timing, to say the least. While many established industry professionals could rely on the client network
- Market Trends
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Retail — and Waistline — Expansion How many burgers can America eat? Although it seems like there is a fast food or fast casual restaurant on every outpad in America, restaurant chains are gearing up for an expansive year, according
- Virtual Visionary
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With more than 50 years in the business, John M. “Jack” Peckham III, CCIM, CIPS, RECS, of Peckham Boston Advisors in Boston, has played a pivotal role in commercial real estate’s evolution. Peckham has not only served as one of