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New York and New Jersey Are Fundamentally Fit 

The commercial real estate industry in New York and New Jersey has been doing well thanks to a solid financial period for both states. "The regional economy is strong," says Craig Evans, CCIM, of Cushman Realty Corp. in New York.

Destination: Downtown 

Across the country, downtowns of all sizes are undergoing transformations. From reinvestments in public infrastructures and existing properties to the development of new hotels, retail stores, and sports stadiums, downtowns are becoming more people friendly. Fueling the redevelopment is the

Finding a Foreign Focus(1) 

Building a business in a foreign country is not the easiest path to take in commercial real estate, especially in a place like China that offers so many barriers to entry language, political structure, and cultural disposition to name a

Ensuring Adequate Coverage 

Commercial real estate companies typically endure the annual renewal of their errors and omissions insurance. Considered a mundane task by most, the process begins about 90 days before the current policy expires. The office manager usually transfers information from last

Finding a Foreign Focus 

Building a business in a foreign country is not the easiest path to take in commercial real estate, especially in a place like China that offers so many barriers to entry language, political structure, and cultural disposition to name a

Place Your Bets on Gaming 

Gaming in the United States has changed dramatically over the years. Originally perceived as a sinful activity that was enjoyed predominantly by the very rich, gambling today has been accepted as entertainment and is enjoyed by mainstream society. Likewise, as

Preparing for the Next Internet Age 

Commercial real estate professionals learned in the late 1980s and early 1990s to repackage their services to deal with a market downturn. Other industries, too, remade themselves as market forces demanded. Many employees of large oil companies who lost their

U.S. Real Estate Titans Merge With Global Partners 

In reaction to the ever shrinking marketplace and the globalization of the U.S. economy, the commercial real estate industry has rushed to increase its international presence. Over the past two years, several real estate titans have teamed with foreign real

U.S. Supreme Court Takes Another Look at Regulatory Takings 

The landmark 1994 U.S. Supreme Court decision of Dolan v. City of Tigard established the "rough proportionality" test for determining whether government regulation of land is so intrusive as to constitute a taking for which compensation must be made. In

A Wealth of Financing 

Money, the driver behind the wheel of many commercial real estate transactions, is readily available in most property markets and geographical locations. Now that the market has recovered fully, commercial banks, Wall Street firms, conduits, pension funds, and life insurance

Understanding Corporate Structure 

Corporate real estate departments all wrestle with common issues, including how to meet the needs of their internal clients, reduce occupancy costs, and use the corporate assets entrusted to them to drive shareholder value. However, beyond these overriding concerns, corporate

Telecommunications Services May Be Good for REITs 

The rapid advancement of telecommunications technology has made it necessary for property owners, including real estate investment trusts, to upgrade their properties with voice, video, and data communications systems to help attract new tenants. This trend particularly has been menacing