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Stay the Course 

During the past 18 months, the meager economy has drained profitability from many commercial real estate companies, leaving behind unprecedented challenges. Business models that allowed companies to weather past economic storms may not hold water in the current market &ldquo

Teams Work 

The first lesson of economic development is that it pays to be in the right place at the right time. And in today&rsquo s economic climate, the right place is just off Highway 12 14 in Middleton, Wis., where Rob

A Taxing Workout? 

The slumping global economy and stagnant credit markets have taken a toll on nearly all commercial real estate properties. Many assets are struggling to generate sufficient income to meet financing obligations in the current market. As a result, many real

Understanding Federal Healthcare Laws 

Many healthcare providers are facing increasing competition from other providers in their community to attract the best insured patients, while reimbursement rates from third party payers such as Medicare, Medicaid, and private insurance companies, for their services are shrinking. This

Career Connections 

In Hillsborough County, Fla., where Robert Lee Barber, CCIM, managing partner of Accelerated Real Estate Services in Pinellas Park, Fla., resides, the invisible hand of the real estate market maintains a visibly tight grip. Vacancy is up, rents are down,

Buyers Guide(26) 

Savior Skin A clear polycarbonate sheet, polycarbonate skeleton, and silicone skin constitute OtterBox&rsquo s iPhone Defender case, providing three layers of protection against bumps, drops, shocks, and dust. While encased, the phone&rsquo s touch screen remains fully usable through a

COD 1031 Tips 

In the current turbulent economic environment, many investors are being confronted with a new type of tax created by having debt forgiven, or the cancellation of debt. Situations that generate this negative result are foreclosures, deed back in lieu of

Redefining Debt 

Downsized operations and scarcity of tenants have temporarily left many business owners and developers with too much real estate and too much debt. Refinancing often is the solution of choice, but doing so isn&rsquo t always viable. Owners or developers

QRPBI Exception Calculations 

Two calculations must be applied that limit the amount of excludable cancellation of debt income when utilizing the qualified real property business indebtedness exception to COD income. While these calculations are complex and not comprehensively covered in this article, this

Regional Outlook(23) 

SOUTHWEST Major Lease Fills Houston&rsquo s Pavilions Tower In the market&rsquo s second largest lease in a year, NRG Texas signed on for 240,000 sf of office space at Pavilions Tower in Houston&rsquo s CBD. The transaction value was not

Deal Diagnosis 

During the past decade, hospitals and healthcare providers have been on a building spree. Not only is the quantity of developments growing, but project size is on the rise. Hospitals and healthcare providers often build new because aging facilities cannot

Deal Makers(26) 

The BIGGEST Deal A. Scott Henry, CCIM, of BH Properties LLC in Dallas and six partners arranged the $59 million financing of a 12 property portfolio totaling 2.3 million sf of retail, warehouse, and office space in California, Florida, Georgia,

Benefits and Beyond 

The CCIM Institute&rsquo s strategic plan includes a series of guiding principles for the ongoing progress and success of our organization. To &ldquo provide high quality member services at the individual, chapter, national, and international levels,&rdquo is paramount among these

International Beat(13) 

CANADA Toronto Office Nears Completion At far right, Bay Adelaide Centre West, a 1.2 million sf office tower in Toronto&rsquo s financial district, is the first major CBD development in 17 years. Designed by WZMH Partners, the 51 story Leadership

5 Tax Tips for Developers and Investors 

In today&rsquo s economy it is essential for commercial real estate professionals to be aware of tax planning opportunities and the potential cash savings available to their companies. The following five tax tips may help real estate owners and developers

2008's Top U.S. Economic Development Groups 

Based on creating $1 million in capital investment, 50 or more new jobs, or at least 20,000 sq. ft. of new space, the following economic development organizations were chosen by Site Selection magazine as the top U.S. economic development movers

MailBridge Delivers 

Now more than ever, CCIM designees are leveraging their technology oriented member benefits to create and strengthen deal making opportunities. MailBridge, a preference matching e mail marketing and information platform, is one of the CCIM Institute&rsquo s most useful &mdash

Market Trends(25) 

5 Fastest Growing Cities City, Population change 2007&ndash 08 (%) New Orleans,8.2 Round Rock, Texas,8.2 Cary, N.C.,6.9 Gilbert, Ariz.,5.0 McKinney, Texas,4.8 Source U.S. Census Bureau Stress Test Results Losses for the next two years for the 19 largest banks in

Office Market Overtime 

The credit crunch has reduced office transaction volume to a trickle and factors weighing on the sector are likely to limit deal making through year end. Asset values have declined nearly 30 percent from their peak, financing is scarce, and

Money Magnets 

Capital that is now on the sidelines is likely to return to the market as a floor on asset pricing emerges and values become attractive once again. However, while lending conditions are expected to remain tight during the next 12

Power of the Pin 

Though he is based in the small market of Champaign, Ill., Alex Ruggieri, CCIM, vice president of Sperry Van Ness Ramshaw Smith Co., knows the value of thinking big. Ruggieri, who consistently ranks in Sperry Van Ness&rsquo top 10 percent

Office Branding 

In this market, commercial real estate pros face a tough sell trying to convince corporate office tenants to stay put and retrofit or entice new ones to lease space. With vacancies soaring into double digits in both urban and suburban

Cap Rate Calculations 

A capitalization rate is the overall or non financed return on a real estate investment, akin to the return on total assets in accounting terms. A cap rate is calculated as a mathematical relationship between net operating income and an