- Domain Decision
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The U.S. Supreme Court recently decided Kelo v. City of New London, one of the most significant property rights cases in decades. The Court determined it is constitutional for a local government to condemn non blighted private property for
- For Hire Online
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When Carol T. Kellogg, CCIM, moved to Charlotte, N.C., in November 2004, she worked with several local executive search groups to find a job. It was a frustrating experience. “I worked with four headhunters, but none of them had real
- Mountain Markets Climb
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As one of the least populated regions of the country, the Rocky Mountain states’ valuable commercial real estate investments sometimes are overlooked. But as the low cost of living and natural attractions draw more residents west, commercial real estate growth
- New Wave Investments
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In 1994, resort pioneer Stan Anderson expanded his Wisconsin Dells, Wis.–based Polynesian Resort to include an indoor waterpark. Wisconsin lenders were willing to fund the development because they had been financing outdoor waterparks for years. Despite the steep construction costs,
- 7 Real Estate Finance Myths Unveiled
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Much of the real estate finance industry operates on dogma, most of which is grounded in sound theory about the factors that drive commercial real estate markets and risk pricing. During the past 15 years there have been significant advances
- Learning From the Pros
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Upon winning his fourth Masters Tournament earlier this year, Tiger Woods dedicated his victory to a mentor who has been with him every step of the way his father. While Woods’ golf skills have helped him earn esteem, awards,
- Oil and Gas Options
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As commercial real estate prices continue to increase and investors seek new replacement property options to complete tax deferred exchanges, oil and gas investments are gaining more attention as viable alternatives. Internal Revenue Code Section 1031 classifies an investment in
- Splitting Profits
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Today’s developers and their equity partners often opt for progressive strategies that shift downside risk away from the equity investor and provide greater upside potential for the developer. The internal rate of return waterfall technique is an increasingly popular method.
- Smart Property Management Strategies
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You’re pretty sure you’ve priced the asset correctly. You’ve looked at comparable apartment communities for sale in the market. You’ve figured the sales price in dollars per unit and dollars per square foot and both seem to be right. Yet
- Office Market Madness
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Tulsa, Okla., does not rank high on most commercial real estate experts’ lists of hot office investment markets. In fact, the 44th largest U.S. city has wrestled with high vacancy rates for years and historically has been dominated by private
- Rewarding Relocation
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While details often make or break commercial real estate projects, sometimes the best solutions come into focus when you take a step back. &ldquo You have to understand the small things to really
- September 2005 Online Deal Makers
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Office Timothy C. Macker, CCIM, of Coldwell Banker Commercial Westmac in Los Angeles represented the Gilberg Family Trust in the more than $2.3 million sale of a 2,940 sf building in Los Angeles to Ava Properties. Scott D. Yards, CCIM,
- October 2005 Online Deal Makers
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Office John V. Propp, CCIM, of Propp Property in Denver represented John and Yvonne Garratt in the $2.6 million purchase of a 20,017 sf office flex building in Fort Collins, Colo., from Armada Holdings LLC. Darrin L. Boyd, CCIM, SIOR,
- Online Job Resources
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Commercial real estate professionals can use online resources that will help them find jobs and locate qualified employees to hire. Here’s a list of the top comprehensive and commercial real estate focused job search engines. America’s Job Bank www.ajb.dni.us Like
- Deal Makers(14)
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Multifamily Mitch D. Swenson, CCIM, of Tomlinson Black Commercial in Spokane, Wash., represented the seller, K. Wendell Reugh, and Joel Crosby, CCIM, also of Tomlinson Black, represented the buyer, HOF Portgage Properties LLC, in the $21.5 million sale of an
- Indoor Waterparks
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In 1994, indoor waterpark pioneer Stan Anderson expanded his Wisconsin Dells, Wis., Polynesian Resort to include an indoor waterpark. Since then, other investors have followed suit by getting involved in this lucrative niche. Madison, Wis., based Great Lakes Cos. issued
- Exporting Capital
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As economies throughout the world continue to expand, the flood of real estate investment capital headed overseas has swelled to record levels. This unprecedented growth is expected to continue throughout the year and well into 2006. Despite a weak dollar,
- The Coaching Experience
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In commercial real estate, the way we focus our time and energy is at the core of designing the future we desire. The old adage that insanity is repeating the same behavior and expecting a different outcome is true for