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Top Five Internet Trends 

Editor’s Note The following article is based on a session from the 1998 CCIM International Commercial Real Estate Conference in San Diego. The fundamental concept of the Internet is communications. It will change your business by changing the way you

Taking Issue with Taking by Regulation 

The story is familiar to property owners and legal practitioners In 1990, John and Florence Dolan attempted to obtain approval from the city of Tigard, Oregon, to replace their existing plumbing and electrical supply store in downtown Tigard with a

Do the Right Thing 

"I’m in a dilemma," says Christopher E. Hughes, CCIM, president of Hughes Realty Group, Ltd., in Vancouver, British Columbia, Canada, who recently discovered that the two investment properties along a busy stretch of highway he was working to sell were

Commercial Developers May Gain Basis Allocation Advantage 

A recent U.S. Tax Court decision may provide commercial developers with another creative tax planning tool, based upon a long standing basis allocation rule available to residential developers. In a series of judicial decisions dating back to the 1950s, courts

Eastern Europe Looks West 

In less than 10 years, the Czech Republic, Hungary, and Poland have made an enthusiastic leap from Soviet style socialism to Western style capitalism. Multinational corporations are moving in, the tourism and hospitality industries are booming, and residents have more

High-Tech Productivity 

Despite ongoing laments about the speed at which everyone must adapt to continually evolving high technology tools, the fact remains that those who refuse to keep abreast of new technology appear destined to be dusted by it. Indeed, for commercial

A Healthy Prognosis 

As the health care industry continues to evolve in the wake of a growing number of managed care facilities and closer attention to the bottom line in the medical profession, the property niche of medical office buildings (MOBs) also continues

The REIT Approach 

Despite the shaky performance of real estate investment trusts (REITs) on Wall Street this year, as every commercial real estate professional knows by now, they are here to stay. REITs operate in almost every leading and secondary market throughout the

Ready-Made Investments 

Ten years ago, mobile home parks suffered from an image problem and languished in the back of the proverbial real estate investment closet. Savvy investors were aware of their generally low acquisition price tags, attractive operating expense history, and stable

REIT Cycle Poised for Upswing 

After posting impressive total annual returns of 35.8 percent in 1996 and 18.9 percent in 1997, real estate investment trust (REIT) total returns plummeted to a negative 11.4 percent during the first seven months of 1998. This sudden decline has

Cajun Country Puts Spice in Markets 

Down south in Louisiana, "Our economy is basically tied to the oil industry," explains Gary P. Tilley, CCIM, of Stirling Properties, Inc., in Covington, Louisiana. While others contend that the economy has become more diversified and note the impact of

Mapping a Better Presentation 

Today’s desktop mapping software goes far beyond the simple programs that produce directional maps to guide potential buyers to property sites. In fact, if that’s all you’re looking for in a mapping program, use one of the free on line

Finding the Perfect PC 

Though notebook computers are increasingly common to many professionals (see "In Search of the Right Laptop," CIREJ, March April 1998), desktop personal computers still are popular thanks to their plummeting prices and soaring performance. So where mobility is not an