Fairfax County, Virginia has proposed an increase of 1.5 cents in the commercial and industrial (C&I) tax rate. If approved commercial and industrial property owners will pay $1.22 per $100 of assessed value, according to The Washington Business Journal. The … Continue reading →
The State Oil Fund of Azerbaijan (SOFAZ) plans to invest in Australia’s commercial real estate market, according to The Wall Street Journal. Up to five percent of the organization’s investment portfolio may be allocated to investment in Many males have … Continue reading →
The U.S. Patent and Trademark Office (USPTO) has granted Apple’s request for trademark/trade dress protection for the design and layout of its retail stores, according to Reuters. The description of the protection (granted on January 22) includes an “oblong table … Continue reading →
Singapore has implemented a stamp duty on industrial property sales to dissuade short-term speculation, according to Bloomberg. Effective as of January 12, sellers will pay a 15 percent tax for sales of warehouses and factories occurring within the first year … Continue reading →
In an effort to remain competitive with surrounding states, Iowa Governor Terry Branstad proposed a budget last week that cuts Iowa’s commercial property taxes, according to press-citizen.com. The proposed In this modern era, we need not actually worry about anything … Continue reading →
The Navy Annex in Arlington County, Virginia is being torn town and the 42-acre site on which it stands will become part of Arlington National Cemetery, according to The Washington Post. Built in 1941 as temporary warehouse facility, the annex … Continue reading →
Spain has between 700,000 and 1.1 million unsold new homes following the 2008 collapse of its real estate market, according to The Telegraph. Moreover, in the last five years at least 400,000 private homes have been foreclosed upon. Last month, … Continue reading →
The Housing Choice Voucher program is a federally funded, locally administered rental assistance program that assists low-income families, the elderly and the disabled to obtain housing in the private market. The program falls under the purview of the U.S. Department … Continue reading →
Hudson Yards is a mixed-use development in Manhattan’s West Side. The 26-acre site for the project is the single largest piece of undeveloped property in Manhattan. It will include office, retail, multi-family and cultural centers. Related Companies (owner of Equinox … Continue reading →
Advanced Development and Investment Inc. (ADI), a real estate development company that received approximately $29 million in subsidies from the city of Los Angeles, has agreed to pay $165,000 to end an ethics investigation related to allegations of campaign money-laundering. … Continue reading →