- It's A Wrap
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While condominium demand outpaces supply in many markets, some lenders are starting to tighten their financing parameters in anticipation of a possible market slowdown. To maximize their opportunities in this changing environment, commercial real estate developers must carefully manage potential
- March 2006 Online Deal Makers
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OfficeElliot M. Ross, CCIM, of the Ross Realty Group in Clearwater, Fla., and a partner represented Donald R. Anderson in the $2.9 million sale of a 20,218 sf Bank of America building in St. Petersburg, Fla., to BWB Investments LLC.
- Hands-Free Investments
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Non direct real estate investment choices run the gamut from tenancy in common interests and real estate investment trusts to net lease properties and mutual funds. Such investments provide many of the same perks as traditional real estate ownership, such
- IM Connected
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As the time between mak ing an offer and closing on a property shrinks, many commercial real estate pros are learning that new communi cation tools help them keep pace with the industry. For example, in most cases a sales
- Seniors Housing Blossoms
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In terms of net operating incomes and real estate market values, America's long term care industry is about equal in size to the hospitality lodging industry a fact that surprises most people but makes sense given the aging U.S. population.
- Power Savings
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The Energy Policy Act of 2005 contains tax incentives that can benefit owners of both new and retrofitted commercial property. Part of a $14 billion package, these incentives provide new deductions for green properties and improvements placed in service in
- Preserving Property
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Transfer of development rights programs allow property owners to buy and sell development rights without actually exchanging any land. The basic TDR concept is to compensate landowners who give up potential development rights in environmentally sensitive areas or preservation districts
- Retail Buys Into Green
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When commercial real estate pros think about energy efficient buildings, what usually comes to mind are sleek office properties with state of the art mechanical and structural systems. But office isn&rsquo t the only segment getting into green. Some retail
- Strategies for Start-Ups
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The start up business client that Steve Marcusse, CCIM, industrial adviser with Grubb & Ellis Paramount in Grand Rapids, Mich., took on last year had very specific space needs a 17,550 square foot property with eight firetruck size drive in
- Reclassifying REITs
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In today&rsquo s surging and oftentimes turbulent real estate investment market, responsible real estate professionals and investors must make decisions and strategically plan future steps armed with all the relevant facts. One area that consistently baffles the investment press and
- Seniors-Housing Funding Sources
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At last all segments of the seniors housing industry appear to be performing strongly at the same time. For independent living and assisted living operators, occupancy and profits are moving toward record levels. After five consecutive years of economic growth,
- Seeking Out Small Businesses
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Even though commercial real estate professionals offer important services to small businesses, they don&rsquo t always come looking for them, says Jeffrey Hulett, CCIM, a tenant representative at DHC Associates in Cleveland. &ldquo These companies are small and tend to
- Why Go Green?
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Federal, state, and local governments are giving commercial real estate developers and owners many reasons to consider going green, mostly in the form of financial and tax incentives. The U.S. Energy Act of 2005 provides a number of incentives for
- Southeastern Stamina
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Despite the chaos that Mother Nature rained upon the Southeast in 2005, the region's markets have persevered through the storms. Florida real estate prices will rise due to higher insurance costs and taxes, predicts Henry Fishkind, president of a Florida
- Market Trends Online(7)
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What&rsquo s Hot OfficeOffice transactions totaled $99.7 billion last year, a 34 percent increase over 2004. Office&rsquo s allure should continue this year
- Deal Makers(12)
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Office « Mack Gaither, CCIM, of RJS Realty Group in West Palm Beach, Fla., and two partners represented a local partnership in the more than $34 million sale of the 148,591 sf Weston Corporate Centre in Weston, Fla., to BlackRock
- Buyers Guide(16)
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Foldable Keyboard The Bluetooth foldable keyboard for iPAQ from HP is the same size as a notebook computer keyboard and has a standard, 65 key QWERTY layout. With an HP iPAQ, users can take notes, compose e mails, write reports,
- April 2006 Online Deal Makers
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OfficeJoel H. McAlister, CCIM, of Colliers Turley Martin Tucker in Brentwood, Tenn., represented PSS World Medical in the more than $2 million, five year lease renewal of the 20,616 sf Cool Springs I office building in Nashville, Tenn., from Highwoods
- CCIM Spotlight: Partners' Potential
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While evolution usually brings scientific theory to mind, sometimes it also can apply to business. Through the use of networking strategies, Jim Nowak, CCIM, president of Site Systems in Seattle, helped his commercial real estate company evolve into a success.
- Creative Collaborations
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The commercial real estate industry has come a long way in just a few years. Gone are the days when brokers kept their trade secrets under wraps, preferring not to discuss their business operations and strategies, much less their listings.
- Energy Wise
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Green long has been corporate America's favorite color but not just because it's the color of money. Industry giants ranging from General Electric to Wal Mart are experimenting with eco friendly designs to boost their public images and become more
- Market Trends(16)
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Condo Conversion Sales DoubleApartment sales to condominium converters doubled in 2005, from $11.6 billion in 2004 to $23.9 billion in 2005, according to Real Capital Analytics. Of the top 20 conversion markets, Phoenix recorded the highest yearly increase 1,384 percent.
- Always Be Prepared
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When a fire broke out in a Southern California commercial property last October, the tenants were able to evacuate so smoothly that the fire department commended them for doing such a good job. In turn, the fire department was able
- Are You Prepared?
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WHETHER your client owns a lavish hotel, an architecturally unique skyscraper, or a run of the mill strip mall, such valuable investments can be rendered worthless in the wake of unanticipated catastrophic events. While disaster management planning is likely to