- A Stabilizing Euro Creates Real Estate Opportunities
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As of last January, the euro is legal currency in 12 of the 15 countries that make up the European Union. Denmark , Sweden , and the United Kingdom have opted out for the time being. EU bank transfers, including
- Tech Support
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Though rumored to be technological slowpokes, many commercial real estate professionals are on the fast track when it comes to integrating technology into their businesses. But with a constant stream of new products and services, how do you determine which
- Understand Lender Criteria to Finance Manufactured-Housing Communities
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Manufactured housing is a niche that offers potentially strong returns for some investors. Once thought of as simply mobile home parks, today's manufactured home communities are split into two primary categories landlease communities where residents own their homes and lease
- Color Your World
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Last January, Benedict J. Frederick III, CCIM, bought an Oki Data C7400DXN color laser printer. “I love this printer,” he says. Emotions often run high when commercial real estate professionals talk about their color printers. They are must have, must
- Northern Markets Flourish in the Sunshine State
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During the past decade, north Florida's sunny cities have invested both energy and money in revitalization efforts. City and community support helped rejuvenate Ocala, located in the north central region of the Panhandle. Community raised money was used to construct
- Recent Court Decisions Help Real Estate Pros Avoid Litigation
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At the end of the year, it is helpful to revisit legal issues concerning commercial real estate by reviewing new court decisions that further the debate on these topics. Both of the examples cited here continue themes discussed in earlier
- Remote Control
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It's 10 a.m. Do you know where your brokers are? Many commercial real estate company owners have embraced the virtual office concept to lower operating costs, which presents a management challenge keeping track of brokers and sales associates. The same
- Review Tax Changes to Maximize Employee Benefit Plans
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In light of changing legislation, commercial real estate companies should review their employee benefits plans. The Economic Growth and Tax Relief Reconciliation Act of 2001 contained numerous changes to fundamental retirement plan rules for small businesses. Effective for plan years
- Crossing Borders
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In Charleston, S.C., a broker leases space for a new Bi Lo grocery store in a local strip center, completing a transaction with an international company that has holdings in 28 countries. In Dallas a commercial real estate practitioner negotiates
- Increased Connectivity Defines Tomorrow's Smart Buildings
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Looking at the typical life cycle of a commercial property, a building developed today has a projected life expectancy of at least 30 years. If owners have financial goals reflecting that life span, they must understand the next generation of
- Homing In on Manufactured Housing
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Manufactured housing is a marriage of two industries the companies that build and distribute manufactured houses, which are single family homes constructed in factories, transported to a location, and installed on site, and the manufactured home communities, which are either
- New Power Center Lights Up Local Retail Market
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More than 35 years ago, the crossroads of University Drive and Memorial Parkway in Huntsville, Ala., was the area's major retail focal point. A developer took advantage of this desirable location and opened the city's first enclosed mall, a 400,000
- CyberSmarts
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Decades before servers were known as anything more than the folks who delivered your order in a restaurant, John M. Peckham III, CCIM, was cooking up ideas about the role technology might play in the commercial real estate industry someday.
- Wrapping Up Land Packages
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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.