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Author Archives: Ramin Seddiq

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1033 Exchange – Involuntary Conversions

CRE Worldwide Posted on August 17, 2014 by Ramin SeddiqAugust 17, 2014

Involuntary conversion – destruction or loss of the property through casualty, theft or condemnation action pursuant to government powers of eminent domain, and the resulting compensation from such destruction or condemnation; Understanding the Cause While developing an in-depth knowledge of … Continue reading →

Posted in US CRE | Tagged Government, Investments, Legal, RE Sales, Taxes

Brooklyn Bounce

CRE Worldwide Posted on August 15, 2014 by Ramin SeddiqAugust 15, 2014

Apartment building sales in Brooklyn increased by 67 percent in the first half of 2014 compared with a year earlier, according to Bloomberg report. The median sale price of a multifamily townhouse in Brooklyn was It is tadalafil 20mg uk … Continue reading →

Posted in US CRE | Tagged Housing Market, Leasing, Multi-family, New York, RE Sales

The Cantata at 801 Third Street

CRE Worldwide Posted on August 13, 2014 by Ramin SeddiqAugust 13, 2014

The Wilkes Company and Quadrangle Development Corp. recently purchased two parcels on Third Street NW from the District of Columbia for $3.74 million. The developers intend to build a 350,000sf (324 unit) residential building (The Cantata) with a retail component and … Continue reading →

Posted in Metro DC CRE | Tagged Development, Government, Multi-family, RE Sales, Retail

REITs Continue to Outperform Broader Market

CRE Worldwide Posted on August 11, 2014 by Ramin SeddiqAugust 11, 2014

Stock exchange-listed US equity REITs were up 16.25 percent with a dividend yield of 3.52 percent in the first half of 2014, according to CNBC (citing data from the National Association of Real Estate Over the past decade or so, … Continue reading →

Posted in US CRE | Tagged Cap Rates, Economy, Housing Market, Investments, Multi-family, REITs

Whole Foods Market to Open in Loudoun County

CRE Worldwide Posted on August 5, 2014 by Ramin SeddiqAugust 5, 2014

Whole Foods Market has signed a lease to take 40,000sf at Belmont Chase – a new retail development with six separate buildings totaling 86,808sf, according to CoStar. This will be the first Whole Foods Market in Loudoun County, Virginia. Other … Continue reading →

Posted in Metro DC CRE | Tagged Development, Leasing, Retail

Construction Spending Declined in June

CRE Worldwide Posted on August 1, 2014 by Ramin SeddiqAugust 1, 2014

Spending on US construction projects fell by 1.8 percent in June mostly because of a decline in commercial projects,

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Posted in US CRE | Tagged Construction, Economy

Shopping Center Owners Klépierre and Corio Plan to Merge

CRE Worldwide Posted on July 31, 2014 by Ramin SeddiqJuly 31, 2014

French shopping center owner/manager Klépierre plans to acquire Dutch rival Corio in an all-stock deal worth $9.7 billion, according to The New York Times. The combined companies would become Europe’s largest retail shopping center owner with 182 shopping centers in … Continue reading →

Posted in International CRE | Tagged Europe, Retail

Investors Seek Stability and Growth in China’s Larger Property Developers

CRE Worldwide Posted on July 29, 2014 by Ramin SeddiqJuly 29, 2014

Property sales in China declined by 9.2 percent in the first half of 2014, according to The Wall Street Journal. The slowdown in the housing market has led to increased investment in larger, potentially more Millions of men are using … Continue reading →

Posted in International CRE | Tagged Asia, China, Development, Housing Market, Investments

Dollar Tree to Acquire Family Dollar

CRE Worldwide Posted on July 28, 2014 by Ramin SeddiqJuly 28, 2014

Dollar Tree Inc. will acquire Family Dollar Stores Inc. in a cash-and-stock deal worth about $8.5 billion ($9.2 billion including debt and other factors), according to The Wall Street Journal. The $74.50/share sale price includes $59.60 in cash and $14.90 … Continue reading →

Posted in US CRE | Tagged Retail

Currency Movement and Real Estate Demand

CRE Worldwide Posted on July 27, 2014 by Ramin SeddiqJuly 27, 2014

The strength of a country’s currency is affected by the following factors: Global economic and political conditions; Monetary policy/fiscal discipline (i.e. interest rates); Domestic political factors/rule of law; Supply and demand for the currency; The country’s past reputation for economic … Continue reading →

Posted in International CRE | Tagged Europe, Government, Investments, London, RE Sales, Residential RE, UK

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