The Linq is a $550 million project in Las Vegas undertaken by Caesars Entertainment. The 260,000-square-foot retail and entertainment district across from Caesar’s Palace is 70 percent leased and includes such tenants as Brooklyn Bowl – a 16-lane bowling alley … Continue reading →
Tony George, DC’s chief tax appraiser resigned on Monday after questions were raised about settlements that lowered the proposed assessments of hundreds of commercial properties by $2.6 billion, It is a well-known and indisputable fact that people who are having … Continue reading →
SBA-504(Commercial Real Estate & Equipment) SBA-7a(General Purpose) Loan Amount $125K (min.). $10 million (max.). $50K (min.). $5 million (max.). Interest Fixed. Variable or Fixed. Terms 10 years – Equipment. 20 years – Real estate. Up to 10 years – Equipment/Business … Continue reading →
A new Jones Lang LaSalle study shows that there is a direct correlation between the economic indicators of a healthy commercial real estate market and municipal investment in smart grid technologies, according to MortgageOrb.com. A smart grid system uses advanced … Continue reading →
The Basel III rules, which take effect next year, require European banks to hold more capital against loans secured by commercial property. As a result, banks are expected to sell more commercial loans and distressed assets, according to The Wall … Continue reading →
Amazon.com will spend over $1 billion to purchase 11 buildings (1.8 million square feet) in Seattle’s South Lake Union district for its corporate headquarters, according This Food & Drug Administration approved medication has succeeded to win hearts sildenafil samples of … Continue reading →
Starting this month, Austin is requiring on-site recycling for multifamily properties with 75 or more units and large office buildings (100,000+sf), according Though you cannot fully stop smoking but you can at least help him to have proper tadalafil online … Continue reading →
Patrick T. Sharkey of Jackson Walker, LLP writes of ten issues to be considered in a condominium conversion project: 1. All existing leases must be honored after the conversion, regardless of the length of the lease. 2. Every tenant/subtenant must … Continue reading →
Diana Olick of CNBC reports that the Fed’s QE3 (quantitative easing) could spur additional investment in commercial real estate if U.S. Treasury rates remain steady or drop. According to John O’Callahan of CoStar Group (quoted in the report), high-yield bond … Continue reading →
McLean-based SAIC is splitting into two companies. One company will provide technical assistance and financial analysis and the other will be an IT company. According to The Washington Post, SAIC is considering the possibility of selling its 23.7-acre Tysons Corner … Continue reading →