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Tag Archives: Government

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Rite Aid – Walgreens Merger Shelved

CRE Worldwide Posted on July 9, 2017 by Ramin SeddiqJuly 9, 2017

Having failed to secure Federal Trade Commission (FTC) approval, Rite Aid and Walgreens Boots Alliance have scuttled plans to merge. Instead, Walgreens will acquire 2,186 Rite Aid stores and three distribution centers for $5.175 billion in cash. Under this deal, … Continue reading →

Posted in US CRE | Tagged Economy, Government, Leasing, Retail

Vornado/JBG Among Finalists for New FBI Headquarters Building

CRE Worldwide Posted on July 4, 2017 by Ramin SeddiqJuly 4, 2017

New York-based Vornado Realty Trust, in partnership with The JBG Companies, is one of three finalists bidding for an approximately $1.7 billion contract to build a new FBI headquarters building in the suburbs of DC, according to ABC News. In … Continue reading →

Posted in US CRE | Tagged Development, Government, Legal

Utah Takes Down “Zion Curtain”

CRE Worldwide Posted on July 1, 2017 by Ramin SeddiqJuly 1, 2017

Under a new law, Utah restaurants can remove partitions, known as Zion curtains which hide bartenders preparing alcoholic drinks. These partitions, which are required to be solid, translucent, and permanent are typically made of frosted glass and are intended to … Continue reading →

Posted in US CRE | Tagged Government, Legal, Retail, Taxes

Xceligent Files Antitrust Countersuit Against CoStar

CRE Worldwide Posted on June 28, 2017 by Ramin SeddiqJune 28, 2017

Xceligent, a national commercial real estate data firm filed an antitrust

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Posted in US CRE | Tagged CRE Profession, Government, Legal, Technology

Delaware Statutory Trust

CRE Worldwide Posted on June 21, 2017 by Ramin SeddiqJune 21, 2017

A Delaware statutory trust (DST) is a legally recognized trust created under the laws of Delaware for business purposes and can be offered as replacement property for accredited investors seeking to defer capital gains taxes through a 1031 exchange. DSTs … Continue reading →

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

India’s Vacant Housing Supply

CRE Worldwide Posted on May 7, 2017 by Ramin SeddiqMay 7, 2017

Out of the 90 million residential units recorded during India’s 2011 census, 11 million units (about 12 percent of the total urban housing stock) were vacant. The vacancy rate for government sponsored housing units is 17.22 percent (as of Mach … Continue reading →

Posted in International CRE | Tagged Asia, Economy, Government, Housing Market, India, Legal

Fairfax County’s Lee District Leads the County in CRE Assessed Value Gains

CRE Worldwide Posted on April 29, 2017 by Ramin SeddiqApril 29, 2017

Commercial property assessed values in the Lee District of Fairfax County increased by 25 percent over the past five years from $3.98 billion in 2012 to $4.97 billion in 2016.  Lee had the highest rate of increase among the county’s … Continue reading →

Posted in Metro DC CRE | Tagged Government, Pricing, Retail, Taxes

Tax Reform and the RE Industry – April 2017

CRE Worldwide Posted on April 23, 2017 by Ramin SeddiqApril 23, 2017

The 2016 House Republican tax reform plan calls for eliminating the tax deduction for interest payments as one of the ways to help offset lower tax rates – a provision estimated to be worth $1.5 trillion, according to The New … Continue reading →

Posted in US CRE | Tagged Government, Investments, Taxes

Maryland to Ease MoCo BID Formation

CRE Worldwide Posted on April 22, 2017 by Ramin SeddiqApril 22, 2017

The Maryland legislature passed a bill this month which lowers the threshold of property owners’ signatures required to create business improvement districts (BIDs) in Montgomery County, according to Bisnow. The bill, which the governor is expected sign, lowers the threshold from … Continue reading →

Posted in Metro DC CRE | Tagged Government, Leasing, Taxes

Autocracies and Skyscrapers

CRE Worldwide Posted on April 21, 2017 by Ramin SeddiqApril 21, 2017

Autocracies systematically build more new skyscrapers than democracies, according to a V-Dem Working Paper. This trend prevails when controlling for income level, state control over the economy, country-fixed and year-fixed effects. A particular case of disorder cialis in australia icks.org … Continue reading →

Posted in International CRE | Tagged Development, Economy, Government, Investments

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