Development yield, also known as yield-on-cost or “going-in cap rate,” is a metric used in real estate development. It is the yield potential for a new development project and is calculated as the project’s first stabilized year net operating income … Continue reading →
Between March 23 and August 16, sales of Manhattan homes declined by 56 percent year-over-year and for properties priced at $4 million or above, sales were down by about 67 percent, according to The Wall Street Journal (citing data from … Continue reading →
Cap rates for Dollar General, Family Dollar and Dollar Tree compressed by 15, 10 and 7 basis points respectively in Q2–2020 (when compared to Q2–2019), according to The Boulder Group. At 6.98 percent, dollar store properties were Above mentioned herbs … Continue reading →
Internal Revenue Code Section 1031 allows an investor to defer the capital gains tax from the sale of real estate when similar parcels are swapped and no gain or loss is realized. The investor must identify the replacement property(ies) (using … Continue reading →
Foreign institutional investors were net buyers of Chinese commercial real estate, totaling $2.7 billion in Q1–2019, according to The Wall Street Journal (citing data from Real Capital Analytics). This is a reversal from most of the period between 2013 to … Continue reading →
On July 1, the DC government announced that the development team consisting of Monument Realty, Morningstar Community Development, The May Firm, and Community Housing Partners was selected out of six proposals for the development of 2 Patterson NE – a … Continue reading →
WashREIT has entered into two agreements with separate institutional buyers to sell a total of eight retail assets. The first sale agreement includes the following five retail assets: Gateway Overlook, Columbia, MD; Wheaton Park, Wheaton, MD; Olney Village Center, Olney, … Continue reading →
The total value of U.S. commercial properties selling for $2.5 million or higher totaled $562.1 billion in 2018 – a 15 percent increase compared to 2017, according to The Real Deal (citing data from Real Capital Analytics). Property prices increased … Continue reading →
JBG Smith Properties Inc., the developer of Amazon’s future Virginia headquarters, has sold the 621,000sf Warner Building in DC to CBRE Global Investors for $375.5 million ($606/sf), according to Globest. Built in 1924, the 13-story mixed use property located at … Continue reading →
Twelve percent of homes listed for $10 million or more saw a price drop in 2018 — double the levels of 2015 and 2016, according to
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