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“Iceland”, the Trademark

CRE Worldwide Posted on November 25, 2016 by Ramin SeddiqNovember 25, 2016

In a petition to the European Union Intellectual Property Office, the government of Iceland is seeking to invalidate the 2014 exclusive registration of the trademark “Iceland” owned by British grocery chain Iceland Foods. Iceland’s Ministry for Foreign Affairs claims that … Continue reading →

Posted in International CRE | Tagged Europe, Government, Legal, Retail

Poland’s Struggles with Property Restitution

CRE Worldwide Posted on October 23, 2016 by Ramin SeddiqOctober 23, 2016

Poland is one of the few former communist countries with no comprehensive restitution laws to address the process of compensating people for real estate seized from 1945 in “nationalization” maneuvers. As a result, officials have relied on existing administrative rulings … Continue reading →

Posted in International CRE | Tagged Europe, Government, Legal

NY Law Targets Airbnb

CRE Worldwide Posted on October 22, 2016 by Ramin SeddiqOctober 22, 2016

New York State has enacted a law authorizing fines of up to $7,500 for short-term apartment rentals (fewer than 30 days) when the owner or tenant is not present. The law targets Airbnb which, as of August 2016, had 45,000 … Continue reading →

Posted in US CRE | Tagged Economy, Government, Hospitality, Hotels, Legal, Multi-family, New York

Estoppel Clauses in Commercial Leases

CRE Worldwide Posted on October 18, 2016 by Ramin SeddiqOctober 18, 2016

Most retail leases contain estoppel clauses requiring the tenant to prepare and sign an estoppel certificate upon landlord request. According to Black’s Law Dictionary (572 (7th Ed., 1999)), an estoppel certificate is a “signed statement by a party certifying for … Continue reading →

Posted in US CRE | Tagged Leasing, Legal, Retail

New IRS Regulation Targets Conversions

CRE Worldwide Posted on June 8, 2016 by Ramin SeddiqJune 8, 2016

An IRS regulation which goes into effect today closes the window left open in the Protecting Americans from Tax Hikes And the availability to this magic the best sildenafil twomeyautoworks.com drug with top online pharmacy stores is a boon for … Continue reading →

Posted in US CRE | Tagged Government, Investments, Legal, REITs, Taxes

Sports Authority to Close All Stores

CRE Worldwide Posted on May 1, 2016 by Ramin SeddiqMay 1, 2016

Sporting goods retailer Sports Authority will close all 450 stores, according to Forbes. The company filed for Chapter Playing your favorite relaxation CD, such as those with nature sounds, often helps to reduce stress and tension. thought about that viagra … Continue reading →

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

Congress Moves to End Tax-free Spin-offs

CRE Worldwide Posted on December 17, 2015 by Ramin SeddiqDecember 17, 2015

This week, the US House of Representatives approved legislation that would remove the tax benefits of spinning off corporate real estate into separate, publicly traded real estate investment trusts (REITs). Ending such spin-offs is expected to generate $1.9 billion in … Continue reading →

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

American Apparel Files for Bankruptcy

CRE Worldwide Posted on October 5, 2015 by Ramin SeddiqOctober 5, 2015

Fashion retailer American Apparel Inc. filed for Chapter 11 bankruptcy protection on Monday. The Los Angeles-based company which targets the teen and young adult clothing market has not made a profit since 2009,

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Posted in US CRE | Tagged Economy, Legal, Retail

British Property Secrecy and Corruption

CRE Worldwide Posted on March 5, 2015 by Ramin SeddiqMarch 5, 2015

Companies registered in offshore tax havens such as the British Virgin Islands own 36,342 buildings in London, according to The New York Times (citing data from Transparency International). Of the 180 million pounds of property in Britain that They also … Continue reading →

Posted in International CRE | Tagged Government, Investments, Legal, London, RE Sales, Taxes, UK

Revel Atlantic City Sale in Jeopardy

CRE Worldwide Posted on February 8, 2015 by Ramin SeddiqFebruary 8, 2015

On Friday, a three-judge panel of the US Third Circuit Court of Appeals reversed a lower court’s decision on the $95.4 million sale of Atlantic City’s Revel Casino to Florida developer Glen Straub, according to The Wall Street Journal. The decision … Continue reading →

Posted in US CRE | Tagged Hospitality, Leasing, Legal, RE Sales

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