Nicholas Ziegler
Economy Watch: Existing Home Sales Edge Up in January
The NAR reported that existing-home sales saw an uptick in January compared with December. Total travel in the United States during 2011 was down 1.2 percent to 35.7 billion vehicle miles. And the American Institute of Architects reported its Architecture Billings Index remained in positive territory in January.
Global Hospitality Outlook: A Year of Guarded Optimism
By Michael Fishbin, Global Hospitality Leader, Ernst & Young L.L.P.
Despite the recent volatility in the global financial markets, this year is shaping up to be another year of guarded optimism for investors in the global hospitality sector.
6 Ways NNN Properties Can Get (or Stay) Leased
By Randolph T. Mason, CCIM, SIOR, Commercial Realty Specialists
The current market is challenging for both tenants and landlords alike, but there are ways to make your net-lease building stand out from the pack and make an impact on potential tenants.
Investors Eye CRE for the Long Haul
By Ken Riggs, Chairman & President, Real Estate Research Co.
It is clear that long-term investors are starting to experience fatigue with the lack of building wealth and are itching with the need to take on more risk in order to earn higher returns.
Are Real Estate Taxes Deductible?
By Lori Shrout, EA, Manager, Gumbiner Savett Inc.
The California Franchise Tax Board will be requiring property parcel numbers for taxes deducted on an itemized list. What do these new rules entail?
If the Jobs Keep Coming, So Will the Capital
Some of the macroeconomic trends predicted for the year are beginning to take shape, particularly the rise in domestic employment numbers. And CRE professionals are finding that where the jobs go, so does the capital.
CBL & Associates Sells Two North Carolina Retail Centers for $40M
CBL & Associates Properties Inc. has sold two grocery-anchored retail centers in metropolitan Greensboro, N.C., pocketing a total of $40.4 million on the two separate transactions. The properties, Westridge Square and Oak Hollow Square, account for an aggregate 354,000 square feet of retail space.
Demmon Partners Sells California Multi-Family Community for $48M
FPA Multifamily has picked up Meridian at Stanford Ranch, a 452-unit multi-family community in Rocklin, Calif., for $48.3 million from Demmon Partners. Institutional Property Advisors, a multi-family brokerage division of Marcus & Millichap, represented both buyer and seller.
Stonehenge Acquires Mixed-Use NYC Asset for $33.8M
Stonehenge has picked up the building at 364 W. 18th St. in Manhattan from Fortuna Realty Group for $33.8 million.