The Richmond Times-Dispatch reports that with an increase in debt capital availability and a decrease in the number of high return yet low-leveraged commercial real estate investment options in the “fortress” markets, investors are looking to second-tier markets for opportunities. … Continue reading →
Construction of the 3.8 million square foot DHS headquarters on the west campus of the former St. Elizabeths Hospital has an uncertain future. The reason, according to a Washington Post report, is disagreement about the size of the project and … Continue reading →
Office property classification is a somewhat subjective and unscientific process. Industry participants designate buildings as belonging to one of the three classes listed below. A building does not have to meet all the criteria of a particular class to be … Continue reading →
Jeff Clabaugh of the Washington Business Journal cites a Delta Associates report showing a weak first quarter in the Washington office market. According to the report, The Internet just best online cialis makes it so easy. Although it does not … Continue reading →
1. Cap Rate Method Cap rate = Net operating income (NOI) / purchase price. NOI = Net income + interest expenses + depreciation. High Cap rates are associated with higher risk and low demand while low cap rates are associated … Continue reading →
Alex Finkelstein reports for the World Property Channel that developers Guangzhou R&F Properties Co. and Poly Real Estate Group Co. plan to add 18.3 million square feet of Class A space to Guangzhou’s inventory this year. About 90 percent of … Continue reading →
Leaseback transactions are expected to reach a value of $328 million in the Twin Cities this year. This is almost a ten-fold increase from 2010, according to a report in the Star Tribune. In a leaseback, an asset is sold … Continue reading →
A brief overview of the Section 1031 exchange rules: 1. The exchange must involve “like-kind” properties. All properties must be held for a productive purpose in business or trade, as an investment. 2. Within 45 days from the day of … Continue reading →
In Iowa, farms are taxed based on production as opposed to land value and residential property is taxed at approximately half its assessed value, according to a report in The Republic. Commercial property, however, is taxed at 100 percent of … Continue reading →
David G. Hunt provides some factors for firms to consider in deciding between purchasing and leasing commercial property: 1. The availability of capital: Firms should evaluate their capital requirements now and in the near future. Real estate should not take … Continue reading →