Commercial real estate not only includes, as many of us are thinking, office complexes, hotels, apartment complexes etc. Resorts and even fish camps, where the public enjoy the water, launching their boats and while away the time fishing, come under this heading. One such historical site, established in 1940 by a family in Estero Bay [...]
Property selling, residential or commercial depends on location mainly. This is proved once again at San Francisco that its historic submarket – Jackson Square – saw to it a mixed-use commercial property, The Pansini building along with another building changed hands for a good price of $16 million put together, even in this not-so-bright commercial [...]
Wynn Las Vegas – Las Vegas, Nevada | Aug 08 – Aug 10
Renaissance Worthington Hotel – Fort Worth, Texas | Jul 29 – Aug 04
One of the most active and profitable segment of commercial real estate is office complexes – needed by every industry, manufacturing or service rendering. The review report of total U.S. office markets for the half year ended June 2010 says the U.S. office markets have bottomed and are headed toward an anticipated recovery. The vacancy [...]
Investors in business prospects, by nature always select the most profitable vehicle for their funds portfolio, so to get maximum return on investment. Commercial real estate investment, through real estate deals has been the favorite of institutional investors in U.S. – according to a latest survey. A new study on institutions taken up by J.P. [...]
The zoning change request in Austin, to enable building a new convention center hotel in downtown has met with official approval. On the 24th June, the Austin City Council approved the request of the land owner, and permitted turning over a public alley to clear the way for the new project. Tim Finley, the owner [...]
Hotels are an interesting asset type that due to their intrinsic affiliation with certain areas of economic demand, recoup a healthy return on investment. Due to hotel investment being a safer than many varied investments, the return will be reasonably expected to be in the vicinity of 10% p.a. This may fluctuate dramatically during periods [...]
Lending banks extending financial support for commercial property projects are visibly adopting a different technique, unlike residential properties. If a home owner defaults in repayment consecutively for 3 months, the mortgage lending banks swing into action. Their mortgage loan department is geared up to follow the subject with the concerned delinquent and would not stop [...]
The ability of the United States to not only recover from her recessionary doldrums, but also her ability to combat inflation and at the same time maintain the integrity of the US financial system will remain key criteria for the US to maintain her status as world economic leader. These strong words come on the [...]
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