Search

Exchange Eligibility 

Joseph and Sara bought a three bedroom rental home that needed repair. After several months, they had completed the repairs and put the refurbished property on the market for substantially more than their original investment. Subsequently, a buyer put a

July 2004 Online Deal Makers 

OfficeMichael K. Caridi, CCIM, of Colliers Arnold in Orlando, Fla., represented Olde Property Corp. in the more than $1.8 million sale of a 3,048 sf office building in Apopka , Fla. , to Unicorp National Developments.Jeff Tolrud, CCIM, of Colliers

Hospitality's #1 Pick 

When Choice Hotels International wanted to grow its Comfort Inn brand of limited service hotels, the company found few primary cities where the chain didn't already exist. Rather than building more hotels in submarkets where it was represented, Choice Hotels

Market Forecasts 

Nationally, the office market should pick up in the second half of 2004 with the vacancy rate declining from first quarter's 17.9 percent to around 17.2 percent by year end. Absorption through the remainder of the year should total around

Borrower Beware(1) 

Most commercial mortgage lenders charge application, due diligence, and loan commitment fees, but do your clients know what that money really is buying? Often, it is less than they think. The loan application process is becoming increasingly arduous as lenders

Committed to the Cure 

Serving as a CCIM Institute leader fosters communication, organization, and networking skills that often evolve into new business opportunities. For national past President Allen M. Feltman, CCIM, owner of Allen M. Feltman Real Estate in Plano, Texas, these important leadership

August 2004 Online Deal Makers 

OfficeRobert Lowe, CCIM, and Whit McCrary, CCIM, of Colliers Turley Martin Tucker in Brentwood, Tenn., and a partner represented Gaedeke Landers in a nearly $2.6 million, 55,931 sf office space lease in Nashville, Tenn., to Allstate Insurance Co.» Judi A.

Deal Makers(19) 

Retail Katherine J. Isakson, CCIM, of Spectrum Realty Advisors in Atlanta and a partner represented Jamestown in the $15.6 million sale of the 69,277 sf Publix at Middle Beach in Panama City, Fla., and the 68,055 sf Publix at Woodruff

Protecting Possession 

Subtenants that do not employ mechanisms to protect their interests could face devastating consequences if a sublandlord files for bankruptcy protection. In such situations, bankruptcy law can operate to terminate subtenants' rights to possession. In a California case on this

Save Time Online 

Technology can help busy commercial real estate professionals achieve more work in less time. Online applications in particular improve productivity and profitability. Three of the top timesaving tools on CCIM's STDBOnline (www. stdbonline.com) are no exception. Learn how these new

Mastering Your Future 

Do your clients care what diplomas hang on your office walls? Probably not, say most commercial real estate professionals who responded to an e mail survey on graduate degrees. "An advanced degree means little to a client except as a

Limited Service and Boundless Determination 

In December 2003, Jeff Roberts, CCIM, president of Roberts Properties LLC in Muskogee, Okla., purchased his first hospitality property, the Holiday Inn Express in Tahlequah, Okla. Never in the company's 27 year history had it worked with this type of

The Money Race 

Today's real estate finance market remains very active, as owners continue to capitalize on historically low interest rates by refinancing properties and converting their debt from floating rate to fixed rate loans. Acquisitions also are generating significant financing activity. Having

Smart Moves in Small Towns 

As the economy revs up, many small towns fear being left in the dust of retreating businesses and citizens looking for opportunities in larger cities. They also face dual demons as big box retailers abandon their cavernous stores and nearby

Commercial Real Estate by Degrees 

Master of science in real estate or an MBA with a concentration in real estate? That's one of the many decisions potential graduate students must make when they return to school for an advanced degree. Fortunately a growing number of

Smart Leasing Strategies 

Free rent or increased tenant improvement allowances? Long term leases at fixed rates or short term leases with rights to expand? Landlords all over the country are trying to determine the magic combination of terms and rates that will entice

Attracting Global Investors 

U.S. markets always have attracted foreign investors, and this trend is expected to continue through year end. Foreign investors accounted for more than $5.5 billion in real estate in 2003, slightly down from nearly $6 billion in 2002. This drop

Denver Delivers 

Colorado's lackluster economy has not quenched investors' demand for Denver commercial real estate properties. Continued low interest rates have prompted many investors to use former stock market monies to buy retail, office, and industrial properties despite poor leasing fundamentals. Retail

Better Days Ahead 

Economists have many reasons to be optimistic this year. Interest rates remain low, keeping consumer spending patterns afloat, and business spending is escalating, posting an average annualized gain of 7.2 percent in the first quarter. In addition, strong productivity increases