- Wrapping Up Land Packages
For site acquisition specialists, assembling a group of properties for development presents an exciting challenge. Yet putting together the package often is the most complicated aspect of developing a site, and the difficulty exponentially increases with the number of landowners.
- Hunting for Recreational Properties
Land is America's new stock market. In some parts of the country, people burned by Wall Street are putting their money into what Scarlett O'Hara called “the only thing that lasts.” For example, Curt Eilers, CCIM, a broker investor who
- On Solid Ground
Commercial brokers are positive in their forecasts for land sales in the next year. "It should be good for land sales, with retail, industrial, and single family home development leading the way," says Keith P. Grothaus, CCIM, SIOR, vice president
- Economic Development Organizations Foster Land Deals
A few CCIMs are finding opportunities to broker land deals by working with quasi governmental entities responsible for promoting job creation in their communities. Just ask James Mascaro, CCIM, eastern region development director of DP Partners in Harrisburg, Pa. Mascaro’s
- Containing Sprawl
The post World War II American dream has come true, and its name is sprawl. “A new metropolitan form … America of the mall, the beltway, the subdivision, the multiplex movie theater, the drive through fast food outlet, the low
- Digging Up the Dirt on Land Sales
Of all the real estate disciplines, buying and developing raw land presents the greatest amount of risk. Buyers often encounter pitfalls because of development issues that weren't properly investigated road changes, inadequate capacity of existing utilities, a change in local
- Dirt, Cheap
Even at bargain basement prices, most land investments today are a gamble. A land buyer is placing a bet that demand for commercial real estate projects will return before property taxes and other holding costs eat up the potential return
- Deep-Rooted Demand
Doug Phillips, partner and REALTOR® with Schuil & Associates Real Estate, a firm that specializes in the agricultural land sector, talks about how the agriculture real estate market remained relatively steady amid 2020’s chaos.
- Optimism in the Lone Star State
Russell Webb, CCIM, discussed the booming ranch and farmland
real estate markets in Texas, where the pandemic has upped demand.
- Market Trends in Commercial Real Estate
Medical Office Looks for Reopening Rebound | USDA Sees Little Movement on Land Values | Nearly 5 of 6 NYC Restaurants Unable to Pay Full Rent in July | Hotels Forecasted to Lose $75B in Revenue | School Year Starts with Plenty of Vacant Student Housing | Chicago Eyes Mixed-Use Projects to Boost Struggling Communities | Warehouse in Demand in Markets Large and Small | Data Centers Attract Interest Despite Overall Instability
- Lots of Land
Land prices in many areas of the U.S. are on the rise amid increasing demand, but the level of demand and the reasons behind it vary from market to market. Land values increased an average of 13 percent in 2012,