Friday, April 12, 2013

Retail Experts: Lay of the Land is Different Now




National





Retail Experts: Lay of the Land is Different Now



NEW YORK CITY-The investment sales market looks like 2007 all over again, “except with no product,” Marcus & Millichap’s Kunofsky said at a panel discussion presented by the firm.








Commercial Property Values Back to '07 Highs




National





Commercial Property Values Back to '07 Highs



NEWPORT BEACH, CA-Property values have fully recovered the ground that was lost during the last downturn, reports Green Street Advisors.











Brooklyn MOB Offering Provides Insight into a Different, High-Priced Market



BROOKLYN-Noyack Medical shops 16 medical office condos within One Hanson Place for an ask just shy of $8 million. According to Noyack, the product is "priced to move."








CCIM Says 2012 Saw Robust Growth




National





CCIM Says 2012 Saw Robust Growth



CHICAGO- The institute says apartments attracted the most investment and will continue on an upward trajectory.








Thursday, April 11, 2013

Carried Interest Rears Its Head. Again




National





Carried Interest Rears Its Head. Again



WASHINGTON, DC-Changing the tax characterization of carried interest is back on the table—again. The difference this time is Congress seems more willing to sacrifice 'sacred cows' if comprehensive tax reform can be achieved.








ARCP Scraps Plan to Buy Cole Credit III




National





ARCP Scraps Plan to Buy Cole Credit III



NEW YORK CITY-ARCP CEO Schorsch says CCPT III’s directors and management have been “completely unwilling to explore a transaction with us.”











Investors Find Retail Gold in Second Tier



CALABASAS, CA-Developers pipelines are growing and some tenants are ramping up expansions, says retail expert Alvin Mansour, the SVP of investments at Marcus & Millichap, who sees great opportunity investing in secondary/tertiary markets.








The More Things Change, The More They Stay the Same




National





The More Things Change, The More They Stay the Same



WASHINGTON, DC—The findings of the 2013 NMHC 50 rankings of apartment owners and managers may have an air of déjà vu to them, but there have also been some notable changes over the past year.








Wednesday, April 10, 2013

Investcorp Makes $200M Office Play in US




National





Investcorp Makes $200M Office Play in US



TYSONS CORNER, VA-Energy, technology and education are the driving sectors behind the purchase, the fund says.











Boston Capital, Greystar Top NMHC 50--Again



WASHINGTON, DC—Nine of the top 10 names on the 2013 NMHC 50 are repeat appearances.