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Author Archives: Ramin Seddiq

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Streetsense acquires Delucchi Plus

CRE Worldwide Posted on October 25, 2016 by Ramin SeddiqOctober 25, 2016

Retail brokerage and design firm Streetsense has acquired Delucchi Plus, a DC-based marketing and public relations company. With the acquisition, Streetsense aims to increase post-launch engagement and better maintain the relationship with the If the drug will not be used … Continue reading →

Posted in Metro DC CRE | Tagged CRE Profession, Retail

Trump Hotels to Develop New Brand

CRE Worldwide Posted on October 24, 2016 by Ramin SeddiqOctober 24, 2016

Trump Hotels has announced a new hotel line called Scion. In a press release, the company describes the Scion brand as “a multi-faceted lifestyle brand developed in response to the boom in social clubs and the “we” economy.” The first … Continue reading →

Posted in US CRE | Tagged Development, Hospitality, Hotels, Vacancy Rates

Poland’s Struggles with Property Restitution

CRE Worldwide Posted on October 23, 2016 by Ramin SeddiqOctober 23, 2016

Poland is one of the few former communist countries with no comprehensive restitution laws to address the process of compensating people for real estate seized from 1945 in “nationalization” maneuvers. As a result, officials have relied on existing administrative rulings … Continue reading →

Posted in International CRE | Tagged Europe, Government, Legal

NY Law Targets Airbnb

CRE Worldwide Posted on October 22, 2016 by Ramin SeddiqOctober 22, 2016

New York State has enacted a law authorizing fines of up to $7,500 for short-term apartment rentals (fewer than 30 days) when the owner or tenant is not present. The law targets Airbnb which, as of August 2016, had 45,000 … Continue reading →

Posted in US CRE | Tagged Economy, Government, Hospitality, Hotels, Legal, Multi-family, New York

Shadow Banks and the CRE Lending Market

CRE Worldwide Posted on October 21, 2016 by Ramin SeddiqOctober 21, 2016

Non-bank lenders, which fall outside of the banking industry’s oversight and have greater flexibility in managing risk, are seeking a greater share of The goal of a chiropractor in Coogee is to provide health and wellness advice and care to … Continue reading →

Posted in US CRE | Tagged Economy, Government, Investments, Lending

Ireland Imposes New Tax on Foreign Investors

CRE Worldwide Posted on October 20, 2016 by Ramin SeddiqOctober 20, 2016

Any funds where 25 percent of their value is made up of Irish real estate assets will be subject to a 20 percent withholding tax from next year,

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Posted in International CRE | Tagged Europe, Government, Investments, Taxes

UNIZO Acquires 1030 15th NW

CRE Worldwide Posted on October 19, 2016 by Ramin SeddiqOctober 19, 2016

Japan-based Unizo Holdings Co. Ltd. recently acquired The Executive Building, a 332,022sf, class A office building located at 1030 15th Street NW for $228 million ($686.70/sf). Completed in 2008, the 12-story, LEED Gold property is 93 percent leased. Tenants include … Continue reading →

Posted in Metro DC CRE | Tagged Asia, Investments, Leasing, Office, Pricing, RE Sales, REITs

Estoppel Clauses in Commercial Leases

CRE Worldwide Posted on October 18, 2016 by Ramin SeddiqOctober 18, 2016

Most retail leases contain estoppel clauses requiring the tenant to prepare and sign an estoppel certificate upon landlord request. According to Black’s Law Dictionary (572 (7th Ed., 1999)), an estoppel certificate is a “signed statement by a party certifying for … Continue reading →

Posted in US CRE | Tagged Leasing, Legal, Retail

Onex Corp. to Buy Save-A-Lot

CRE Worldwide Posted on October 17, 2016 by Ramin SeddiqOctober 17, 2016

Minneapolis-based Supervalu is selling the discount grocery chain Save-A-Lot to Canadian private equity firm Onex Corporation for $1.37 billion in cash, according to Forbes. The acquisition is expected Ejection – Expulsion of seminal fluid viagra on line from the urethra … Continue reading →

Posted in Uncategorized | Tagged Canada, Retail

Robust CRE Auction Market in Post-Brexit UK

CRE Worldwide Posted on October 16, 2016 by Ramin SeddiqOctober 16, 2016

The UK’s 900 billion pound commercial property market is seeing some mixed results post-Brexit. Average commercial property values are down about 3.5 percent since the June 23 vote and YTD returns tracked by the IPD index are trending below zero. … Continue reading →

Posted in International CRE | Tagged Economy, Europe, Investments, Leasing, UK

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