Viewpoint
Natural Disasters Create Demand Fluctuations, Investor Concerns
Real estate owners, operators and REITs are facing an uncertain outlook for damage repair and changes in demand at their properties, according to BDO Partner Stuart Eisenberg and Managing Director Basil Karampelas.
Leveraging the Design-Build Model for Hospitality Profitability
The hospitality industry is seeing an upswing in leisure travel spending, providing hotel owners the opportunity to not only capitalize on increased demand but also find ways to improve cost efficiencies, argues Scott Acton, CEO & Founder of Forté Specialty Contractors.
Don’t Let Taxing Authorities Kill Your Deal
Tips from a veteran attorney on handling the assessments that can spell the difference between a successful closing and coming up short.
US Equity REITs Keep Development Exposure in Check
REITs continue to maintain the discipline they’ve exhibited throughout this post-crisis cycle, with several sectors’ growth in tenant demand keeping pace with the development pipeline, observes Steven Marks, Fitch Ratings’ Head of U.S. REITs.
Economic Costs of Twin Disasters
The two storms will rank among the costliest in U.S. history, and that goes for the real estate industry, too, notes Avison Young Principal Jay Maddox.
Past Storms Offer Clues About Impact on CRE
It is too early to make definitive conclusions about Harvey and Irma’s impact on CRE valuations, but it is reasonable to expect CRE investment conditions to return to normalcy in the long term, argues Situs RERC President Ken Riggs.
Timing the Market: An Open Letter to Net Lease Sellers
While today’s market conditions favor net lease sellers, it’s important for investors to understand market trends and potential challenges when considering a sale, notes Stan Johnson Co. Director Anne Perrault.
Documentary Transfer Tax Triggered by CA Entity Sales
Grace Winters and Jordan Tessier of Manatt, Phelps & Phillips explain a new California Supreme Court ruling that set a legal precedent for transfers of interests in a property-owning entity and the liability of such transactions for the state’s documentary transfer tax.
From Rust to Robust: Revamping Industrial Sites for Community Benefit
Nonprofit entities can revitalize neighborhoods and improve local economies by redeveloping unused real estate, according to Donald F. Smith, Jr., president of the Regional Industrial Development Corporation (RIDC) of Southwestern Pennsylvania.
Real Estate’s Role in the Rise of iCities
New technologies are giving rise to the creation of ‘”Smart Cities,” and real estate developers and investors will need to adjust how they approach development and design, argues John Thomas, Squire Patton Boggs’ global real estate practice lead.