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Commercial Property
Commercial Mortgages: Commercial Real Estate to Stay Active in 2022, but Lock in Low Rates While…
Dominion Realty Partners bought the land in November for $ 13.5 million, or $ 37,190 per unit.Granted, the land for townhouses is worth more than for apartments, but there is no doubt that rents will need to be higher in the Dominion…
Supreme Court: Polk County May Protect Secret Landlord List
The list of people and businesses who have requested that their Polk County properties be hidden from search results of a public database are confidential, the Iowa Supreme Court ruled on Friday.
The…
Hamilton Zanze, Graham Street Realty and Davidson Kempner acquire portfolio of 60 properties in…
SAN FRANCISCO, December 16, 2021 / PRNewswire / - Hamilton Zanze (HZ) & Graham Street Realty (GSR), two national affiliate real estate investment firms based in the Bay Area and Davidson Kempner Capital Management (Davidson kempner),…
Enterprise recapitalizes three senior housing sites in Maryland with $ 60 million – Commercial…
Business community development closed $ 60 million in financing to finance the acquisition and renovation of three retirement homes, totaling 292 units, in suburban Maryland.
The properties were part of a portfolio of 43 affordable…
Awards program celebrates excellence in commercial real estate in New Mexico
The update and modernization of the Johnson Center at the University of New Mexico has been recognized by the NAIOP NM Excellence Awards Program. (Courtesy of NAIOP New Mexico)
It's a year more and less for NAIOP New Mexico.…
7th Circ. Policyholders award ‘body blow’ in virus ruling
By Eli Flesch (Dec. 10, 2021, 7:56 p.m. EST) - An Illinois dental office and hotelier are among a group of insureds who are not entitled to coverage for pandemic losses, said the Seventh Circuit in a major decision by what is now…
Northcap Commercial arranges sale of Oakridge Villas apartments for $ 5,700,000
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December 9, 2021 Through Northcap Multifamily leave a comment Robin Willett, Jason Dittenber, Devin Lee, CCIM, and Jerad Roberts of Northcap!-->…
Property fire sale triggered by new prudential code could ‘shatter’ confidence in local…
Photo: TuendeBede / Pixabay, CC0Leaders and experts continue to debate the revised Prudential Code. Some now fear an inflammatory property sale that could undermine private sector confidence.As the debate continues to rumble over local…
Philadelphia area faces increasingly difficult to find and more expensive commercial real estate
Although many companies allow their employees to work from home, the US commercial market, according to real estate investment company CBRE, continues to thrive with "record asking rents, due to a historically low vacancy rate amidst…
David Y. Ige | Governor’s Office press release: State seeks nominations for Land and Natural…
Governor's Office press release: State seeks nominations for Land and Natural Resources Council
Posted on Dec 1, 2019 2021 in Latest News, Press Room, Press Releases
HONOLULU - Governor David Ige is recruiting skilled and dedicated…
News and information – Real estate appraisals ready to be consulted
The new ratings can be viewed online at www.qv.co.nz - enter your address if you want to see the latest numbers.
Appraisals were prepared for 80,336 properties on behalf of City Council by Quotation Value (QV). They…
Phoenix Water Damage Services uses high quality moisture meters
Phoenix Water Damage Services
Using a moisture meter in a bathroom to find the moisture hidden inside the walls behind the tub.
Once the moisture hides in the wall behind the tub, we…
This $ 2.4 million virtual land transaction is the largest ever for digital real estate
The booming digital real estate market is heating up.
A virtual "domain" in Decentraland, one of the two dominant metaverse, changed hands on November 23 for a record sum - the equivalent of $ 2.4 million at…
Publication of the revised ESA Phase I standard | Vandeventer Black LLP
On November 1, 2021, ASTM International (âASTMâ) published the revised standard for performing Phase I Environmental Site Assessments (âPhase I ESAsâ). The new…
Proposal for a two-family dwelling to be held in open court in Petoskey
PETOSKEY - The Petoskey Planning Commission will hold a public hearing next week on other housing reforms proposed for the city's zoning ordinance. The proposals, which were the result of several months of discussion, vary in scope, but…
‘Epic’ seizure of illegal marijuana in Oregon in 6 stunning photos
"This is a very complex investigation that will continue for several weeks," state police said in a statement.Oregon State Police said they seized approximately 500,000 pounds of processed marijuana in the latest large-scale bombing in…
Letter: The information sought by the evaluator is voluntary | Letters to the Editor
The valuation division of the city of Bismarck is responsible for the valuation of all taxable properties within the city limits. It is an ongoing process of collecting and reviewing information, measuring and listing new construction,…
Where insurance prices will moderate in 2022. And where they probably won’t.
Commercial insurance prices in general are expected to stabilize in 2022, but not in cyber where increases of 50% to 150% could occur, according to a brokerage's forecast.
Willis Towers Watson also said in a report that while the…
Barr Announces Major Infrastructure Grant of $ 616,000 for Frankfort | Press Releases
Barr Announces Major Infrastructure Grant of $ 616,000 for Frankfort | Press releases | Congressman Andy Barr
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Science and technology lift the gloom for real estate investors
November 13, 2021OXFORD NANOPORE MinION is a tiny but powerful device. When an employee at a hotel in Sydney tested positive for covid-19 in March of last year, the cellphone DNA The sequencer traced the infection to a U.S. airline flight…
Buildings on Highway 33 sold | By Adam Williquette and American Commercial Real Estate
November 10, 2021 - West Bend, WI - Some big real estate sales this week by American commercial real estate. Both sales were held on W. Washington Street in West Bend.Photo 2019 W. Washington Street from 2005Westside Haircutters, 2019 W.…
Berkshire Hathaway Specialty Insurance Appoints Carlos Beltran Senior Vice President, Global Head of…
BOSTON & SINGAPORE - (BUSINESS WIRE) - November 8, 2021--Berkshire…
Westlake Capital Finance Now Offers Commercial Mortgage Rates As Low As 3.99% | National company
âWe are delighted to announce this exciting new offering,â said Lauren Barnard, Director of Commercial Real Estate Lending at Westlake Capital Finance. âOur program continues to evolve…
Westerville board incentives land at Vertiv Corp’s global headquarters.
The City of Westerville is to welcome the headquarters of Vertiv Corp., a global leader in the design, construction and maintenance of critical infrastructure that enables mission-critical applications for data centers and other facilities…
Glen Cove Budget 2022: No change to property tax rate in financial plan of $ 64.7M
Glen Cove's 2022 budget of $ 64.7 million increases the tax levy by 0.4% while maintaining the same rates for residential owners and lowering rates on commercial properties.…
Bloomington to see property tax revenues change in 2022 | Bloomington
Fluctuations in the market value of residential and commercial properties in Bloomington will be reflected…
CRE to help Rome with plans to use former Rome Cable Corporation site
Cold Point Corporation opened a new 50,000 square foot, $ 5.1 million manufacturing facility in Rome earlier this year on the first of two sites at the former Rome Cable Corporation complex. Today, the city and other outside groups are…
City to purchase downtown AT&T building with plans to relocate LMPD and other agencies
With a price tag of $ 6.8 million, the Louisville metropolitan government plans to buy the old AT&T building downtown and relocate several agencies, including the Louisville Metro Police Department. The plan to…
CRE briefs: Heart Advisors entrusts Allison Johnston Frizzo with the management of a new commercial…
Hart Advisors launched its latest commercial real estate platform, Hart Commercial, bringing in Allison Johnston Frizzo to lead the group as Managing Director focused on growing Hart's homeowner representation business.…
Two keys to success in E&S insurance
Each of the 15 stamping offices, which collectively account for nearly two-thirds of premium volume in the United States, reported premium increases through mid-2021, with particular…
Canadian National Railways and Theseus Pharmaceuticals see action from activist investors
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These disclosures come from 13D filed with the Securities and Exchange Commission. 13Ds are deposited within 10 days of an entity reaching more than 5% in any class of a…
Pintail Capital expands in property management with Pintail Property Services
Greenville-based commercial real estate company Pintail Capital Partners extends its services to property management.
The newly formed Pintail Real Estate Services will provide comprehensive management of commercial properties…
Unprecedented price increases are forcing tenants to rethink their place in the city
When Michael Sterling opened the renewal offer for his longtime apartment near the Barton Creek Greenbelt, his eyes popped in disbelief. He expected rents to rise, especially after management chose to maintain rates at the start of…
Commercial real estate company places Trice on its brokerage team
Coldwell Banker Commercial Sun Coast Partners has welcomed Ed Trice to its brokerage team.…
Holder Stephen Cicak challenged by Mildred Johnson in Reynoldsburg town listeners race
Voters in the city of Reynoldsburg will elect a municipal auditor in the November 2 election.Holder Stephen Cicak is challenged by Mildred M. Johnson.The four-year term begins on January 1, 2022.To read candidates' responses to questions…
Mudpie, Inc. v. Travelers Casualty Insurance Company Of America – Insurance
(Because claims for damages resulting from COVID-19 government orders preventing business operations have not alleged direct physical loss or property damage or have been otherwise excluded by the exclusion of viruses, coverage does not…
State Insurance Commissioner doubles FAIR plan ceiling for businesses
California Insurance Commissioner Ricardo Lara announced on Tuesday that he would change the FAIR plan - the state's insurer of last resort - to essentially double its coverage limits for commercial businesses.
The action comes as…
Royal Farms wants to bring its world-famous fried chicken to the Outer Banks
Render of a Royal Farms store that matches the one proposed for Grandy. A mid-Atlantic roadside staple seems to be considering its first foray into North Carolina. And they want to locate him on the way to the Outer Banks.Plans have been…
Rotterdam budget proposal calls for tax hikes
Rotterdam's 2022 draft budget proposes to increase taxes for residential property owners by 2.1%, while taxes for commercial property owners will increase by 27.4%.
The proposed budget of nearly $ 26.1 million would increase by 0.42%…
Land and real estate professionals: Sheldon Bosley Knight Ltd.
Stratford-upon-Avon, UK, 07 Oct 2021 (GLOBE NEWSWIRE) - Sheldon Bosley Knight Ltd. is a specialist company with a rich history of maximizing land and real estate potential for clients while working to high standards of customer service.…
BP takes over a New York start-up that transforms buildings into “virtual power…
BP has strengthened its growing presence in the electricity sector with the acquisition of Blueprint Power, an American distributed technology start-up that aims to transform commercial buildings into âvirtual power…
The popular Henderson Avenue entertainment strip in East Dallas is up for grabs
The largest section of one of Dallas' most popular entertainment districts has just landed on the market for sale.The offering includes over a dozen restaurants and retail outlets stretching along approximately 10 blocks of Henderson…
Commercial real estate investors follow migration trends | Think real estate
What the housing shortage in the United States means for business investors
The housing shortage is back in the…
Saudi developer of pilgrimage sites Jabal Omar restructures loan
DUBAI (Reuters) - Jabal Omar Development Company, one of Saudi Arabia's largest real estate developers, said on Tuesday it had signed an agreement to restructure a 4.7 billion riyal ($ 1.25 billion) loan granted in 2015, in particular by…
Regions to acquire California-based commercial real estate lender
Regions Bank today announced the acquisition of a California-based low-balance commercial real estate lender. Regions is expected to complete its acquisition of Sabal Capital Partners in the fourth quarter of this year. Terms of the…
What are the rules for lost animal signs? Dog missing from Texas raises questions about process
DRIPPING SPRINGS, Texas (KXAN) - It has been two months since Christian Lita and Adele Seger Lita's dog, Tupac, went missing. The couple have since spent thousands of dollars on missing pet signs posted around Dripping Springs in…
The state of the commercial real estate sector of SA
In this note, we continue with the 3rd quarter 2021 results of our ETF survey of commercial real estate brokers, which polls a sample of commercial real estate brokers in the 6 major metropolises of South Africa, i.e. City of Joburg and…
‘Proudly serving since 1888’ | Chroniclers
"Proudly in service since 1888."It just says it on the side of all of our new fire apparatus, and we really…
Rocky River exceeds $ 1 billion in property valuation; Bay Village and Westlake also register…
ROCKY RIVER, Ohio - Due to the current re-appraisal of properties in Cuyahoga County, the city has announced that it has now exceeded a total appraisal of $ 1.1 billion. That brings him into the billion-plus club with neighbor Westlake,…
Major Buckhead Roads and Sidewalks to Begin Soon
As fall approaches, so will a series of major construction projects that, over the next few months, will begin to transform the streets and sidewalks of Lenox, North Buckhead and Buckhead Village.
A widening of Piedmont Road, a new…
Malaysian Billionaire Brothers’ IOI Wins Marina Bay Site, Optimistic About Singapore’s…
Aerial view of Singapore Central Business District in January 2019.
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IOI Properties Group said on Wednesday it was optimistic about the long-term outlook for Singapore's property market after the developer…
AM Best confirms the credit ratings of BIDV Insurance Corporation
SINGAPORE--(COMMERCIAL THREAD) -AM Best confirmed the financial strength rating of B ++ (good) and the long-term issuer credit rating of âbbbâ (good) of BIDV Insurance Corporation (BIC)…
Aspen officials back centennial redevelopment, with caveats
Monday July 12, 2021 (Kelsey Brunner / The Aspen Times)
Monday July 12, 2021 (Kelsey Brunner / The!-->!-->!-->…
City Council Approves Detroit River “Protection” Ordinance
Detroit City Council on Tuesday unanimously approved an ordinance to strengthen the rules for businesses operating along the Detroit River.The âDetroit River Protection Ordinanceâ was proposed by City…
Change in law to encourage landlords and tenants to share the financial burden of Covid-19
MARTIN DE RUYTER / TipsRents are a burden for many businesses operating under Covid-19 restrictions.The government plans to insert a clause in commercial real estate leases to encourage businesses and tenants to share the financial burden…
Recycling center discussed for Century City Business Park in Milwaukee
A municipal recycling center is being discussed for Milwaukee's Century City Business Park, a city-owned development that has struggled to attract private investment.But the site appears to be off-limits for the city's redevelopment…
Don O’Rourke lists Brisbane shopping center as $ 150 million in assets change hands
Veteran Queensland developer Don O'Rourke has put up for sale a new neighborhood mall in Brisbane amid strong demand from private and institutional investors for convenience stores after $ 150 million in assets that have changed…
North Olmsted Sears Store Sells For $ 7.75 Million
The ânext stepâ for the closed Sears store at the east end of the Great Northern Mall in North Olmsted remains an open question.
But the "who's next" is answered as George Group-Great Northern Ltd.,…
Fawn Fire grows to 7,544 acres, 10% containment – Good Day Sacramento
REDDING (AP / CBS13) - The latest news on the fawn fire burning in Shasta County:
The blaze spread overnight to 7,544 acres and remained within 10 percent containment.READ MORE: Suspect in custody after stabbing in Stockton
Damage…
A fire breaks out in a large barn in Hatt, east Cornwall
A fire was reported at a large commercial property in the Hatt area of ââEast Cornwall, prompting a response from the Devon and Cornwall rescue services. The Cornwall Fire and Rescue Service tweeted that!-->…
CoStar: Latest composite price indices continue to climb
Sep 24, 2021
Net absorption for the 12-month period ending September 2021 is expected to reach its highest of 3 years…
The Pipeline: commercial real estate roundup for 9.24.21
TOP THREE SELLERS
N ° 1: Rebkee Partners and affiliates purchased 28.22 acres To Hull Street Road and Route 288 in Chesterfield for $ 4.233 million of 360 Capital Partnership. David M. Smith with Cushman and Wakefield |…
Johnston resident Mary Arpander to be honored as a STEM All-Star
Mary Arpander, Resident of Johnston, Vice President of Personnel and Head of Software Engineering at Johnston-based FM Global, one of the world's largest commercial property insurers, will be honored as "All-Star of…
COVID-19 rent reduction in the United Kingdom, Italy and Poland | Hogan Lovells
United Kingdom
In the United Kingdom, there are various on-going measures to support and protect tenants from landlord enforcement action for non-payment of rent. These are broadly as follows:
there is a moratorium until 25 March…
Malaysian billionaire brothers’ IOI properties submit single bid for hotel and residential…
A general view of Singapore's financial business district is viewed from Marina Bay in Singapore on ... July 12, 2019. (Photo by Roslan RAHMAN / AFP) (Photo credit to read ROSLAN RAHMAN / AFP via Getty Images)
AFP…
Self-storage industry bounces back from early decline in pandemic
Last fall, Blackstone acquired Simply Self Storage - with eight million square feet of rental space - for $ 1.2 billion, adding to the $ 300 million already invested in the industry. And in April, Public Storage completed its acquisition…
The commercial real estate market is changing rapidly, and for the better
Predicting behavior in the commercial real estate market is never easy, yet we know that the pandemic has radically changed this market. While some players have advocated 'the end is nigh' for all office spaces, research shows!-->!-->…
Downtown Fremont anchor lands new retailers and restaurant
FREMONT - A mixed-use housing and retail project that is poised to help breathe new life into downtown Fremont has landed three new merchants, including stores and a restaurant.
The new commercial sites are part of the Capitol Square…
Salinas food truck vendors have different opinions on a new order. | Local News
Stroll through the town of Salinas and you can find a range of flavors without even stepping into a…
Seattle needs a strong mall
The public safety challenges of downtown Seattle are well known. The agony of traditional retail - and what it means for big cities - has received less attention.Recreating a lively and interesting urban core for shopping, exploring…
Investing in Apollo Commercial Real Estate Finance (NYSE: ARI) a year ago would have given you an…
The easiest way to invest in stocks is to buy exchange traded funds. But you can dramatically increase your returns by choosing above-average stocks. For example, the Apollo Commercial Real Estate Finance, Inc. The stock price (NYSE:…
180 Solano County apartments sold for $ 70 million to East Bay Middle-Income Housing Fund
An East Bay real estate investor specializing in repositioning market-priced apartments to be affordable for middle-income families has purchased a 180-unit property in Solano County for $ 70 million.
Danville-based Opportunity…
The Pipeline: commercial real estate roundup for 9.17.21
TOP THREE SELLERS
No.1: 8501 Midlo Pike LCC purchased 87,938 square feet To 8501 Midlothian Turnpike in Chesterfield for $ 6.6 million of RCC Midlothian Crossing LLC. Catherine spangler with Cushman and Wakefield | Thalhimer processed…
What’s next for DFW Grocery Retail?
The North Texas grocery retail industry has seen only a handful of disruptions over the years. There was a time when stores were clustered in downtown Dallas. Then came sprawl, and the grocers were very successful following the rooftops…
Sussex Co. to begin property reassessments after lawsuit settles
SUSSEX COUNTY, Delaware - Delaware is adding another chapter to its multi-year legal battle over property values. The state settled in with Delawareans for Educational Opportunity and the NAACP of Delaware earlier this year. The…
Activision moves publishing headquarters to Pen Factory in Santa Monica: sources – Commercial…
Activision Publishing Inc., the video game publisher owned by Activision Blizzard, moved its headquarters to Pen factory office in Santa Monica, learned Commercial Observer.
Sources said it was a sublet agreement with Kite Pharma -…