Marc Coe With swathes of vacant space in office buildings and other commercial properties now seen as obsolete in the eyes of today’s tenants – a trend which, like many others, predates the pandemic but has been accelerated by her – there’s been quite a bit of conversation about how these empty or nearly empty […]
DALLAS, May 18, 2022 /PRNewswire/ — NexPoint Residential Trust, Inc. (“NXRT” or the “Company”) (NYSE: NXRT) today announced that Brian MittensNXRT Chief Financial Officer, Executive Vice President Finance, Secretary and Treasurer, Matthew McGranerExecutive Vice President and Chief Investment Officer of NXRT, and Bonner McDermettNXRT’s Vice President, Asset Management, will meet with investors and others at […]
CLEVELAND, Ohio — Members of the Cleveland City Council on Tuesday recalled part of Mayor Justin Bibb’s proposed overhaul of the residential tax abatement, particularly as it relates to remodeling existing homes. The changes approved by the council’s Development, Planning and Sustainability Committee would provide greater property tax relief than that proposed by Bibb for […]
The commercial property market in South Africa remains a more reliable form of investment with capital growth over time, according to Franz Gmeiner, CEO of Orion Real Estate. All industries and businesses have been impacted in some way by the Covid-19 pandemic, including how their commercial properties are used. The rise of remote working, the […]
May 17, 2022, 02:51Updated 2 hours ago By: News 12 Staff Some residents of a Bergen County community say they are concerned about plans to move a Department of Public Works facility to an empty restaurant in the middle of a residential neighborhood. The location is a former Charlie Brown restaurant located near the Washington […]
Despite geopolitical uncertainty, rising interest rates and soaring inflation, Piper DLAReal estate executives are as confident as they were last year, and more, in the annual confidence survey. Respondents, which included corporate clients and other senior commercial real estate executives, were asked to rate their confidence in the real estate market over the next 12 […]
The pandemic may finally be slowing down, but its consequences are only just beginning. Nowhere is this truer than hospitality. From design and amenities to how often housekeepers change towels, the past two years are destined to change hotels forever. If nothing else, it is clear from the statistics. As early as August 2020, a […]
TerraCRG, Brooklyn’s leading commercial real estate brokerage firm, has completed the $2,350,000 sale of 30 Bushwick Avenue, a residential development site in East Williamsburg. Daniel Lebor, partner of TerraCRG, and Andrew Manasia, partner, exclusively represented the seller and the buyer in connection with this transaction. 30 Bushwick Avenue, the 2,081 square foot R7A-zoned site, was […]
Commercial real estate has long been a popular option for investors looking for an alternative to stocks and corporate bonds. Offices, malls, warehouses and factories can provide good regular income through rental yields. It should never be more than a small part of a portfolio, but investing money in bricks and mortar can be a […]
Rimal 2, a high-end integrated residential complex in Bausher, Oman, was launched after Rimal 1, whose units were reportedly sold out within two weeks of its launch. Developed by Al Khonji Real Estate & Development (AQAR), the leading property developer in the Sultanate, the project includes 148 residential units of various sizes. This will allow […]
West Tamworth, Australia – May 14, 2022 — The newly expanded solutions include interior and exterior painting performed by the company’s team of skilled and experienced professionals. More information is available at https://tamworthpaintsolutions.com.au After the move, customers in and around Tamworth, covering a 100 kilometer radius around the region, will be able to take advantage […]
© Reuters. Canadian housing market sell-off: Here’s what residential REITs have seen so far For years, Canadians have wondered if exorbitant home prices would ever stop rising and perhaps come back down. However, despite the continued rise in prices and the many headwinds the economy has been facing, the current market environment could ultimately cause […]
Commercial real estate has the advantage of providing landlords with a high income, usually a higher return than residential real estate, provided your tenants stay, rents can be increased regularly to keep pace with inflation , and when finances are at stake, interest rates are not too high. A commercial owner, the Alternative Income Reit […]
Amy Bernstein is a finalist for the Houston Business Journal 2022 Residential Real Estate Award, the HBJ announced March 25. Bernstein has been recognized annually since 2008 by the HBJ as one of the top 25 residential real estate professionals, based on sales production. She was in the Top 15 for 2021. Bernstein is a […]
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A growing commercial real estate company is moving most of its local operations to a new high-rise in downtown Dallas. Newmark Group is taking up two floors in the recently completed Link at Uptown office tower on Olive Street north of downtown. Newmark will combine operations currently located in three Dallas-area locations into the 25-story […]
GREAT NECK, NY, May 12, 2022 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. OLP, owner and manager of a primarily industrial portfolio as well as other net leased assets, today announced the acquisition of a 213,000 square foot industrial building in Dalton, Georgia for $17.0 million. dollars. The property is leased until mid-2032 to QEP […]
GREAT NECK, NY, May 12, 2022 (GLOBE NEWSWIRE) — One Liberty Properties, Inc. (NYSE: OLP), owner and manager of a primarily industrial portfolio as well as other net leased assets, today announced the acquired a 213,000 square foot industrial building located in Dalton, Georgia for $17.0 million. The property is leased until mid-2032 to QEP […]
The partnership combines a simplified charging facility with a streamlined way to operate California carbon credits IRVINE, Calif., May 12, 2022 /PRNewswire/ — Qmerit, the leading provider of implementation solutions for electric vehicle charging and other electrification technologies, and BTR Energy (BTR), an advanced platform to measure and reduce emissions and participate in low-carbon transportation […]
Paradise Village office park. Image courtesy of CBRE Time Actions Inc. of New York has acquired the 268,516 square foot Paradise Village Office Park in Phoenix. CBRE represented the sellers, Sterling shares and Lincoln Property Co. Located at 11811 N. Tatum Blvd., the five-story Class A office building features a glass facade, five-story atrium lobby, […]
Commercial property of the week 40 Bruce Terrace, Cummins All offers considered AGENCY: Raine & Horne Port Lincoln AGENT: David Guidera CONTACT: 0427 762 566 Located in Cummins on the Lower Eyre Peninsula, this thriving auto mechanics and electricians business is ready to welcome a new owner who will take over and leave their mark. […]
Like most Iron Range communities in Minnesota, Nashwauk has a rich mining history. It was the first mining community to develop in Itasca County in the Western Mesabi Range. The first Hawkins Mine iron shipment was in 1902, and in 1903 Nashwauk was officially incorporated with a population of 220. The town quickly flourished with […]
Mr. Tong added that wealthy Asian investors have a 50% stake in the portfolio’s eight assets. Asian investors also bought two child care centres, including a long-leased Little Locals operation in Auchenflower, Brisbane, for just over $11 million, representing a yield of 4.5%. Mr. Tong said pre-pandemic Asian investors were certainly active but generally managed […]
Painting is a great way to make your residential property, commercial building, or industrial space look new and refreshed. A fresh coat of paint is proven to improve the appearance of any surface and bring life to its lifeless appearance. Additionally, applying a fresh coat of paint is perfect for updating a building to make […]
Last month’s article (“Shifting dials”, IC, April 24) highlighted that the dial is shifting on a range of issues and how that is contributing to one of the most challenging investment environments in decades. decades. Appropriate portfolio diversification relative to mission and risk profile is now more important than ever. This should include adequate protection […]
Kolkata, May 10 (PTI) The registration of residential apartments in Greater Kolkata fell by 10% in April 2022 to 3,280 units from the month of the previous year, and the trend may continue in the short term with a possible impact of the Reserve Bank of India’s recent key rate hike on property sales, officials […]
CHICAGO–(BUSINESS WIRE)–May 9, 2022– Equity Residential (NYSE: EQR) is deeply saddened to announce the passing of Raymond “Ray” Bennett, a member of the Company’s Board of Directors since 2018. Mr. Bennett, 53, was President, U.S. and Canada, franchised and managed by Marriott. Select brands for Marriott International, Inc. (NASDAQ: MAR). This press release is multimedia. […]
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A California-based global investor is bolstering its Dallas-Fort Worth real estate holdings with the purchase of industrial property north of Fort Worth. Ares Industrial Real Estate Trust has purchased the Speedway Trade Center building at 16200 Three Wide Drive in Fort Worth. Built in 2018, the 318,000+ square foot warehouse and distribution building is near […]
London’s West End property giants Shaftesbury PLC (LSE:SHB) and Capital & Counties (LSE:CAPC) (Capco) Properties PLC are heading for a £3.5bn merger appears to be a further sign that the region is booming in the post-pandemic period. The combined real estate investment trust (REIT) would own a portfolio of approximately 2.9 million square feet of […]
CHICAGO, May 9, 2022 /PRNewswire/ — Mag Mile Capital is pleased to announce Cody HarperVP of Originations got a $1,150,000 permanent debt financing in respect of an owner-occupied industrial/warehouse property located at 5115 Church Street in Skokie, Ill.. Mag Mile Capital The 30,500 square foot property is 90% leased to House of Rental, a second-generation […]
3660 Thomas Road Terreno Realty Corp. expanded its industrial portfolio in the San Francisco Bay Area after acquiring an approximately 135,000 square foot property in Santa Clara, California. The company acquired 3660 Thomas Road for $54.6 million from an undisclosed seller. According to data from CommercialEdge, the previous owner was Marquesas properties. The industrial distribution […]
We talked about it. And now it has finally happened. The Reserve Bank raised interest rates by 0.25%, and this has already had an impact on the equity market. But in these uncertain times, commercial real estate funds can be a stable and reliable investment. There are a lot of things weighing on the minds […]
Allen County commissioners approved several residential rezonings during their May 6 legislative session. • Included is a new development called Broad Acres. The plaintiff is New Venture Development Corp. The plan includes the rezoning of 298 acres from agricultural A1 to single-family residential R1. The new development will be divided into 715 lots. It will […]
A section of McDougall Road in Waterloo reopened to traffic after emergency services responded to a residential fire on Saturday morning. Waterloo Fire Platoon Chief Wilf Hergott told CTV News that crews arrived just after 9:40 a.m. and found a burning shed at the rear of the property. The fire destroyed the shed and damaged […]
Technology has long simplified and streamlined complex tasks in all spheres of human life. With each passing day, it evolves and becomes more and more advanced, turning the most unimaginable things into reality. Gone are the days when technology simply shaped the way we communicated or helped restructure work tasks, the newest use of technology […]
The Beverly Hills Police Department (BHPD) made two arrests in connection with a home invasion and robbery on May 3, according to BHPD Chief Mark Stainbrook. BHPD officers responded to a call at 5:10 a.m. on May 3 on the 700 block of North Camden Dr. for an “unknown problem”, according to Public Information Officer […]
The City of Vail is set to acquire an existing home in the East Vail neighborhood as part of its ongoing buyout program for employees working at an Eagle County or City of Vail government business. . The home is located at 3931 Bighorn Road, Unit L-5 in Pitkin Creek Condominiums. Increasing the supply and […]
This press release contains forward-looking information that is based on assumptions and subject to risks and uncertainties, as noted in the cautionary statement contained in this press release. /NOT FOR DISTRIBUTION TO AMERICAN NEWS SERVICES OR FOR DISTRIBUTION IN UNITED STATES/ TORONTO, May 6, 2022 /CNW/ – DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (“Dream Residential […]
Even for seasoned investors, buying commercial property can be a difficult task. It is not the same as buying a residence. It takes research, effort and foresight. However, buying commercial property can be a prudent investment under the right circumstances, and the potential benefits can be enormous. In this article, we’ll go over some buying […]
Good intentions can be difficult to translate into practical action, but that’s what the commercial real estate industry needs to do to achieve global net-zero carbon goals. The building sector represents more than 20% of global energy consumption and is recognized as one of the sectors for which the transition is not so simple, because […]
Changing office usage patterns, along with plans for growth, prompted the decision to leave Chicago. Boeing location in Arlington, Virginia. Photo courtesy of Boeing Boeing will move its headquarters from Chicago to Arlington, Va., and establish a research and development center there, the company announced Thursday. The move will bring the aerospace and defense giant […]
Bobet Bennett-Marshall, senior vice president of financial services at FirstService Residential, North America’s leading property management company, was recently named a finalist for the CFO Awards. “We are delighted that Bobet is honored with this well-deserved recognition. She had a profound impact on the service excellence and growth of FirstService Residential. HOLLYWOOD, Fla. (PRWEB) […]
OuterElements has unveiled a wide range of premium services that include best-in-class pruning, removal, and other solutions to suit customer needs and budgets. OuterElements Tree Services Division is the name people in Cherokee, Cobb, Paulding, Bartow and Fulton counties have come to trust for its friendly and attentive solutions. The company serves residential and commercial […]
Rick Stone of EverWest Real Estate Investors with 635 Northwest Fourth Ave (LinkedIn, Loopnet) Denver-based EverWest Real Estate Investors has purchased fully leased industrial property in Fort Lauderdale for $14.1 million. EverWest purchased the warehouse at 635 Northwest Fourth Avenue and 0.3 acres of land directly south of the building from Dixie Investments IV, according […]
Otay South Logistics Center, is a 66,243 square foot industrial property located in the Otay Mesa submarket of San Diego. Built in 2000, the rear-loading property features 24′ headroom, a 128′ truck yard and 14 dock-height doors. Notable tenants in the area include companies like FedEx, Amazon, kraft, Honeywell, Bose, panasonic and Costco. The property […]
Thirty Agnew As we approach 2022, the fundamentals of the industrial real estate market have never been better. The current difficulties relate to supply to meet global demand and adapt to rapidly rising costs. In Q1 2022, the US market delivered 89.9 million square feet of industrial space and continued the blistering pace of absorption […]
Published: 08:00 4 May 2022 Brown&Co’s Robert Flint reflects on the reasons for the increase in commercial property valuations over the past 12 months. While public attention has focused on the residential real estate market lately, the economic engine of commercial real estate has quietly receded into the background. It has never been so obvious; […]
The Fort Smith Board of Directors on Tuesday (May 3) approved zoning for an estimated $50 million residential development that developer Mark Rouse says will be unique to the city and could provide housing for foreign military pilots and their families who are expected to arrive in mid-2023. The 43-acre property sits on the north […]
Dwight Angelini from Longpoint and 16161 Raymer Street (Longpoint, Google Maps) Longpoint Realty Partners struck the most expensive industrial deal of the year, paying $80 million for a four-building complex in Van Nuys. The Boston-based investment firm has spent $80 million on properties at 16161 Raymer Street totaling 85,000 square feet plus about four acres […]
Image by Adrian Sulyok via Unsplash rocky point and a wholly owned subsidiary of Abu Dhabi Investment Authority have formed a platform targeting industrial investment opportunities totaling about $2 billion, the companies announced on Monday. This investment vehicle would focus on “industrial core construction investments in high-barrier-to-entry locations in the infill, demand-driven, gateway and growth […]
The takeover of Welsh industrial property in the first quarter of 2022 showed a slower start in South Wales but positive activity in North Wales, according to the latest research from property consultancy Knight Frank. . The five transactions for properties over 50,000 square feet in the first quarter totaled 326,000 square feet, compared to […]
New Executive Regulations of Industrial Property Law Complete UAE’s Patent Legislative System Calling the release of the new Executive Regulations a vital development, HE Dr. Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, said the UAE had achieved remarkable results in proliferating the role of innovation and the promotion of intellectual property […]
Louisville, Kentucky – Louisville Concrete Pros offers expert residential and commercial concrete services. Their services include concrete repair, concrete resurfacing, concrete edging, stamped and stained concrete, and the installation of concrete porches, pool decks, driveways, walkways, and garage floors. Their concrete repair services include cracks, chipping, and raised or uneven slabs. The company’s concrete installation […]
U.S. commercial property sales grew double-digit year-over-year in the first quarter, according to the latest edition of Real Capital Analytics’ US Capital Trends. Deal flow across all asset classes rose 56% overall in the first quarter from the same period a year ago and was up 47% in March from year-ago totals, according to The […]
In this week’s Realty Hot Spot series, we take a look at Mehndipatnam in Hyderabad. It is a developed residential area in western Hyderabad offering land, villas, building floors and apartments. Mehndipatnam’s proximity to the shopping and IT hubs of HITEC City, Madhapur, Manikonda and Nanakaramguda is driving demand here. Properties here are available in […]
Leading national real estate indicators have revealed that the residential rental sector is weathering the worst of the economic storm. Based on the current trajectory, a further recovery is expected in 2022. However, tenants should continue to be under pressure. That’s according to TPN Credit Bureau’s Residential Rental Monitor which noted that the sector began […]
Ariel Property Advisors has arranged the sale of a 36,602 square foot industrial warehouse at 572 Richmond Terrace in Staten Island, NY, for $6.225 million, which equates to $170/SF. The sale was organized by an Ariel team including Sean R. Kelly, partner; and Stephen Vorvolakos, Director, Investment Sales. The seller in the transaction was Zenith […]
Morguard North American Residential Real Estate Investment Trust (OTCMKTS: MNARF – Get Appraisal) had its price target raised by TD Securities from C$6.00 to C$6.50 in a research report sent to investors on Friday morning, reports The Fly. Separately, Royal Bank of Canada raised its price target on Morguard North American Residential Real Estate Investment […]
The developer of the largest planned community in Chattanooga said the $300 million effort was on hold due to repeated delays by the Tennessee Valley Authority in its review of the proposed riverside project on the shore. north, just below the CB Robinson Bridge. The project in Riverview, known as Riverton, was acquired by Thunder […]
£29,667 to £35,230 per year Godalming – The Mill 37.5 hours per week Permanent Barn Property Management We are looking for an exceptional candidate to join our team in Grange, assisting the Property Manager and Head of Department in providing property management services to a portfolio of commercial properties on behalf of freehold clients, developers […]
ABU DHABI, 29th April, 2022 (WAM) — Calling the release of the new executive regulations a vital development, Minister of State for Entrepreneurship and SMEs, Dr. Ahmad Belhoul Al Falasi, said the UAE has obtained remarkable results in proliferating the role of innovation and promoting intellectual property while encouraging innovators and inventors. This follows the […]
According to the latest research from property consultancy Knight Frank, the Welsh industrial property recovery in South Wales got off to a slower start in the first quarter of 2022 compared to the positive activity seen in North Wales. . The five deals for properties over 50,000 square feet in the first quarter totaled 326,000 […]
A residential program planned for a site in Bristol was supported. Land And Buildings Ltd originated the business, which is for land on Coronation Road and St Johns Road. It is proposed to demolish the existing buildings on the site and replace them with a five storey residential development. This would include 44 apartments, with […]
As Chicago attempts to recover from COVID, our County Assessor is determining assessments through political ploys that rock our local businesses. How else can you explain offering homeowners an overall “COVID” discount when the pandemic has created an increase in home values? The tactic was extraordinary – despite national appraisal standards organizations warning of the […]
Source: PropertyShark, a company of Yardi Systems Inc. 23-15 44th Road, QueensSelling price: $176,000,000 Stawski Partners has sold the 1.3 acre development site at Hunters Point along with the adjacent 3,092 square foot office building at 43-16 24th St. to Carmel Partners. In 2016, the seller planned to build a 66-story residential tower with 921 […]
Global “Residential restoration market after water damageThe research provides valuable company insights with market insights, applications and industry chain structure. Additionally, it contains knowledge about the global market including competition landscape, development status, segments and sub-segments of an industry that are influencing the current market growth scenario. The Residential After Water Damage Market report covers […]
SINGAPORE (BUSINESS TIMES) – Rents and prices for Singapore’s industrial properties continued to rise in the first quarter of 2022, although overall occupancy rates declined, according to JTC’s quarterly market report released Thursday (April 28). Prices for industrial space rose 2.1% quarter-on-quarter and 5.6% year-on-year in the first quarter, while rents rose 1% quarter-on-quarter and […]
Breadcrumb Links News Local News More housing could be on the horizon for Chatham-Kent as a proposed residential development in Blenheim reached a new milestone on Monday night. The proposed Blenheim development, for land on Marlborough Street North and Nazarene Road, comprises single family homes, townhouses/townhouses and apartments. (Handout) Content of the article More housing […]
SCOTTSDALE, Ariz. – Gregg Custom Painting(TM), one of America’s fastest growing and most successful interior and exterior painting companies, is thrilled to announce the launch of its safety-focused education program. The program was created and tailored specifically for commercial property owners and managers to reduce serious injuries when businesses attempt to undertake the work themselves […]
Interior rendering of the warehouse project using sustainable materials at Southfield Park 35. Image courtesy of USAA Real Estate USAA Real Estate and Seefried Industrial Properties are nearing completion of a 161,000 square foot industrial building in the 157-acre Southfield Park 35 in Dallas that will be one of the first industrial warehouses built with […]
Content of the article Council unanimously approved the municipality’s 2022 property tax rate bylaw at Tuesday’s meeting, which includes higher residential property taxes. Property tax notices will be mailed in May. The deadline for paying property taxes is June 30. Content of the article The new tax rates have to contend with a provincial ordinance […]
With Fund II, Waypoint expands its access to high quality Multi-family investments BOCA RATON, Florida., April 26, 2022 /PRNewswire/ — Residential Waypoint announced that its subsidiary’s Mixed Closed-End Fund II has raised more than $50 million in equity, representing a quarter of the targeted fundraising, within 60 days of its launch. Fund II quickly follows […]
Currently occupied by Yun Feng Foods, the large retail unit in Southwick Square was originally built for FW Woolworth. Flude Property Consultants (FPC) was commissioned to market the long lease and soon received several offers. He has now finalized the sale to a real estate investment company. Register to our daily newsletter SussexWorld Today The […]
New Jersey, United States – the commercial property management software market The research report offers complete coverage of the Commercial Property Management Software Market over the forecast period 2022-2029. It provides historical, current and future market trends to help develop a robust market strategy. Additionally, it provides value chain analysis, key drivers and challenges, and […]
1225 Southgate Drive. Image courtesy of Sealy & Co. Sealy & Cie., of Dallas, has acquired a 437,589 square foot logistics facility at 1225 Southgate Parkway in Etna Township, Ohio. Developer Core5 Industry Partners sold the property in an off-market transaction, for an undisclosed amount. The I-70 Logistics Center East features a cross-dock layout, 36-foot […]
Fischer Homes, a Northern Kentucky-based homebuilder, announced it would build 60 Masterpiece homes in the Memorial Pointe residential community being developed on a hilltop property in Southgate, the site of the former Beverly Hills Supper Club. Fischer Homes: The Marshall Western Craftsman, one of the Masterpiece Collection homes. (Pictures provided) Fischer Homes, one of the […]
New Jersey, United States – the commercial property insurance market The research report offers complete coverage of the Commercial Property Insurance Market during the forecast period 2022-2029. It provides historical, current and future market trends to help develop a robust market strategy. Additionally, it provides value chain analysis, key drivers and challenges, and includes upcoming […]
Jean Francois Desormeaux .. . . . . .. Jean Francois Desormeaux .. . . . . .. … Jean Francois Desormeaux .. . . . . .. … … Jean Francois Desormeaux .. . . . . .. .. . Industrial properties are a subset of commercial properties that house industrial or manufacturing facilities, […]
Tom Shircliff We all know about cybersecurity risks, either first-hand or from headlines that report high-profile incidents involving credit card statements, government records, corporate emails, and social media accounts. Add to that critical infrastructure incidents involving municipal water systems and gasoline pipelines, and other threats from nation states, including Iran and Russia. Commercial real estate […]
Property consultancy Burley Browne’s new land and homes division is celebrating receiving its first instructions after being appointed to market two apartment developments in Birmingham. Developer Sidley Piper Homes has asked Burley Browne Residential Land and New Homes to market its Trinity View House and Mill House developments, both located in the heart of downtown […]
Commercial real estate consultancy Knight Frank said industrial property rents are expected to increase on average by 3.1% per year between 2022 and 2026, beating expected rates of 0.9% and -0.3% in the office and retail sectors, respectively. According to the report, the central belt will see above-average growth in lettings of industrial properties, with […]
By Tanya Dennis In April 2020, Oakland Black nonprofits and physicians formed a collaborative organization titled Oakland Frontline Healers (OFH) to address the COVID-19 pandemic and its adverse effects on the Black community. Oakland’s frontline healers raced to the problem, providing PPE, testing, vaccines and services. Committed to providing the best knowledge and service, OFH […]
While the government may be looking for ways to ameliorate the state’s housing crisis, turning vacant commercial properties into residential housing is a policy that hasn’t been seen here on a large scale. In the United States, a record 20,100 apartment conversions were expected to be completed in 2021. Over the past two years, an […]
A growing number of pool builder scams are popping up from coast to coast. This comes after a recent increase in swimming pool construction over the past two years. More and more consumers are complaining about poorly managed pool installation projects. A list of builders under investigation continues to grow day by day. Pool builders […]
FREMONT (CBS SF) — Fremont police say they arrested a man on suspicion of a series of home burglaries. As of December 2021, Fremont police said they received reports of “several” residential burglaries in the Mission Hills area. The suspect or suspects would enter by breaking the rear sliding glass doors, then leave with cash, […]
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BIRMINGHAM, Ala. (WBRC) – The fire started just before midday on Friday April 22 and Birmingham Fire is still working to determine the cause of the fire. Crews were dispatched at 11:51 a.m. and were immediately told that chemicals were inside the building. They soon learned that Isopentan was the chemical on the property. It […]
MLO Mentor is an ongoing series covering compliance best practices for Mortgage Loan Originators (MLOs). This article will review licensing, origination, and MLO reporting under the California Residential Mortgage Act (CRMLA). Register for the first tuesday 8 hour CE NMLS to renew your California MLO license and learn more about how the CRMLA affects your […]
Prospective home buyers will see their potential property bills fall in just over two months, when the government’s ban on charging ground rent on new leases in England and Wales comes into force. The government is taking steps to rid future owners of annual costs – known as ground rent. Sometimes worth hundreds of pounds […]
Overseas buyers continue to be active in both buying and selling Australian business assets, according to a leading expert. Ray White Commercial Head of research, Vanessa Rader said foreign investment in commercial real estate has nearly doubled in the past 12 months. “The recent release of the FIRB’s annual report for 2020-2021 showed a 95.91% […]
Chandigarh: After witnessing a good response to properties being upgraded from leasehold to freehold, the Chandigarh Housing Board (CHB) has obtained approval to convert the status of 24 additional residential units from leasehold to freehold . The authorization was given by the UT administration on the proposal of CHB for these properties which are in […]
Over the next week, the City of Saskatoon will be mailing amended assessment notices to commercial property owners when an update to their property’s assessed value is required for a full year. “We’ve had several longstanding commercial assessment appeal decisions made by the Court of Appeal and those also affected the Board of Review in […]
Image by Michael Gaida/Creative Commons After a strong February, total housing starts fell 12% in March to a seasonally adjusted annual rate of $903.8 billion, according to the latest report from the Dodge Construction Network. Dodge notes that nonresidential building starts fell 29% in March, but that’s largely due to three major manufacturing facilities beginning […]
DEA headquarters in Arlington, Virginia. Image courtesy of Judy Davis, Studio HDP FD Stonewaterresponsible for spearheading the phased redevelopment of the United States Drug Enforcement Administration’s 511,000 square foot headquarters just outside of Washington, D.C., in Arlington, Va., completed the $100 million project in the deadlines and budget. FD Stonewater took charge of the modernization […]
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McMaster Innovation Park hopes to build three residential towers to help promote its west Hamilton research campus overlooking Highway 403. “We need people who live here, work here, play here,” councilors Frances Grabowski, vice president of development at the Longwood Road South Innovation Park, told city councilors on Wednesday. Residential buildings would boost restaurants, cafes […]
(RTTNews) – Stockland Corp. ltd. (SGP.AX, STKAF.PK), an Australian property company, said strong operational metrics across the commercial property portfolio, with 95% rental recovery for the third quarter of 2022 and rental levels maintained high occupancy. Tertiary leasing spreads remained positive over the quarter. In the residential sector, sales volumes for 1,562 planned communities in […]
A Madison-area industrial property near Yazoo Brewing Company has sold for about $29.58 million, according to a Davidson County Deeds Registry document. Located near the Cumberland River, the 16.44-acre property offers 171,000 square feet of communal space in two buildings and is located in 526 Myatt Drive. The new owner is an LLC affiliated with […]
Single-family residential ratepayers can expect to pay an average of $170 more this year, according to the City of Smithers’ Five-Year Financial Plan (2022-2026). During a special budget presentation on April 19, William Wallace, chief financial officer of Smithers, explained that the average home in Smithers is now valued at $401,000, up from $338,000 last […]
Residential community management leader signs new lease with Lake Parsippany EATONTOWNNew Jersey , April 202022 /PRNewswire-PRWeb/ — FirstService Residential, the leading residential community management company, began providing comprehensive property management services to the Lake Parsippany Property Owners Association in Parsippany, New Jersey. “We are delighted to announce our partnership with Lake Parsippany,” mentioned Michael Mendillo, […]
Tribune press service Ambika Sharma Solan, April 19 Commercial property owners will have to pay more as Solan Municipal Corporation (MC) has proposed higher tax brackets for various categories of commercial property such as hotels, bars, restaurants, clubs, houses hosts, travel agencies, etc. Objection date extended Commissioner, Solan MC, Rajiv Kumar, said the […]
A commercial property developer expects more office buildings to sell in the coming months as businesses struggle to rent space and cope with rising construction costs. The office market has been affected by the pandemic. Photo: 123RF Listed property company, Asset Plus, recently sold an office building in central Auckland for $65 million, citing rental […]
Echelon City Center, the planned development in Carillon Office Park, will see a new addition of 17 floors. The project, dubbed Site9, will be a 176-unit luxury residential complex to be built at 112 Main St. N. next to the WaterView development and a Publix supermarket in downtown Echelon, according to the description of ARC3 […]
Based in Harrogate, Artium was set up by entrepreneur and property developer Thomas Shotton and chartered surveyor Sam Colley, owner of Ousebank Consultancy. The group’s specialized subsidiaries include Artium Investments, Artium Construction and Artium Asset Management. Read more Read more Inflationary pressure poses huge risk to Yorkshire businesses, survey finds… Register to our Business newsletter […]
Toby Shaw, Partner at Towler Shaw Roberts Toby Shaw, partner at Towler Shaw Roberts, said the county’s market remains very vibrant, with deals being struck across all sectors. Mr Shaw said: “It was unclear how the commercial property market would react to a global pandemic, but here in Shropshire the market has held up particularly […]
154-162 Montclair Pine Kislak Commercial announced on Monday the recent sale of a 14,000 square foot industrial building in Montclair for $2.1 million. The Woodbridge-based brokerage firm marketed the property on an exclusive basis, with Executive Vice President Peter Wisniewski and Vice President Stephen Gianis managing the assignment on behalf of the seller, Improved Industrial […]
FirstService Residential signs new contract with Del Webb Florham Park in New Jersey EATONTOWN, NJ, April 18, 2022 /PRNewswire-PRWeb/ – FirstService Residential, the leading residential community management company, began providing comprehensive property management services to Del Webb Florham Park in Florham Park, New Jersey. “We are delighted to announce our partnership with Del Webb Florham […]
Nextdom Property, a Liverpool-based property investor, has submitted plans and applied for planning permission to build twin residential blocks in Liverpool Pall Mall, just north of the city’s business district alongside Pall Mall. Designed by Liverpool architectural firm Falconer Chester Hall, the just over US$112 million building comprises Block A, which will be eight to […]
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The number of homes sold in the Hudson Valley fell in the first quarter of 2022 as prices continued to spiral upward, according to the Hudson Gateway Association of Realtors (HGAR). The organization, which relies on data from its OneKey MLS multiple listings service, reported a 6.3% drop in sales of single-family homes, condominiums, co-ops […]
Q: I am looking at commercial property owned by a company. The seller tells me that this is his company’s only asset and he asks me if I want to buy the company rather than the property. He told me that if I wanted to own the property in a corporation rather than individually, all […]
Are you considering going green by installing solar panels in your home? Switching to solar energy is a big decision. However, it is one that more and more owners are doing every day. Solar power can provide many benefits for your home, such as lowering your energy bills and protecting the environment. But, there are […]
Photo by Brian Lundquist on Unsplash End of 2018, Amazon put Long Island City in the spotlight with its plan to build a 4 million square foot campus in the Queens borough and create 25,000 new jobs. Despite the company’s decision to pull out a few months later, which tested the future of the neighborhood, […]
Rendering of the office part in Assembly Park. Image courtesy of Triten Real Estate Partners Triten real estate partners began demolishing the former Market Square mall in Plano, Texas, where it will build Assembly Park, a mixed-use development that will include 180,000 square feet of Class A creative office space as well as commercial and […]
The designs for dozens of new student apartments in a proposed block just yards from a major second development in Georgia have been unveiled. Host housing on Westfield Road will comprise a series of five, six and eight bedroom properties with kitchen and living space in a ‘cluster’ format, according to plans proposed by Tiger […]
A long-term tenant and a well-maintained property were the main selling points of an industrial building in Gorham. Northland Enterprises, a commercial property developer and manager in Portland, purchased 12 Bartlett Road from Clean-O-Rama PG LLC for its list price of $3.75 million. Brandon Mitchell and Mark Malone of Malone Commercial Brokers brokered the transaction. […]
A renovation effort is underway on a dilapidated two-story structure located on North Spring Street. The owner of 307 N. Spring Street, Josa Hernandez, would like to renovate and use the building for the second floor residential and light commercial ground floor. Two obstacles stand in the way, which the City of McMinnville is currently […]
Construction could begin as early as next week on the first of three buildings of a new Shirley distribution center that will provide 500,000 square feet of warehouse and storage space, developers say. Precision Innovation Park will be built by AVR SP Brookhaven JV LLC on a previously vacant 48-acre industrial property south of the […]
DUBLIN–(BUSINESS WIRE)–The “Intellectual Property Law. Commercial, Creative and Industrial Property” book has been added to from ResearchAndMarkets.com offer. This four-volume treatise covers all major areas of intellectual property: patents, process patents, trade secrets, copyright, technological protection of works protected by the Digital Millennium Copyright Act, online copyright, and consumer liability. trademarks, protection of semiconductor chips, […]
By Vladimir Bosanac Interest in industrial space in Puget Sound has been a constant in the region for the past two years, and investors around the world have sought to establish and expand their presence in the market. New York-based Fortress Investment Group is one such investor, and the company just expanded its industry footprint […]
the “Intellectual property law. Commercial, creative and industrial property” book has been added to from ResearchAndMarkets.com offer. This four-volume treatise covers all major areas of intellectual property: patents, process patents, trade secrets, copyright, technological protection of works protected by the Digital Millennium Copyright Act, online copyright, and consumer liability. trademarks, protection of semiconductor chips, exclusion […]
The U.S. Embassy leases over 100 high-quality residential properties in the Athens area and seeks to partner with responsive landlords/landlords to meet the rigorous security, presentation, and living requirements of our staff diplomatic. If you have high quality properties that might be suitable, we encourage you to email us at [email protected] Why Rent at the […]
UK commercial property REITs2021 results show the company is generating NAV return of 21.5% for the year (well above -0.9% in 2020 following the effects of COVID). A return of 21.4% on wallet was well above the 16.8% return generated by the company’s MSCI index reference. Yields were helped by much better rent collection of […]