From Sperry Van Ness Accelerated Marketing | Atlanta, GA - Via CitzBizRealEstate Atlanta, commercial real estate services provider Cassidy Turley recently analyzed the election results, and opines that the chances for major changes are not very great, noting that “divided” governments of the past have seen growth in government spending and the size of government… And they feel that the nature of this “lame duck” government will not be positive for business. However, they do feel that almost 4 million office jobs will be created over the next 5 years. And introduction to the report begins:
Archive for November, 2010
I was recently asked to respond to the following question: What factors are taken into consideration when determining capitalization rates on triple-net investment deals?
To answer this question comprehensively, we’d need more time that it will take to analyze tonight’s election results. And what’s worse, we’d probably be just as boring. But let’s give it a whirl–in an abbreviated sense….
The United States Army has given Actus Lend Lease the go-ahead to implement the $600 million second phase of a three-phase project involving the renovation and development of on-post hotels through the Privatization of Army Lodging program. Phase two of the behemoth undertaking encompasses an aggregate 5,000 rooms at 11 installations.
From Sperry Van Ness Accelerated Marketing | Atlanta, GA - As we have been writing over the past 3 or 4 weeks, there are more and more signs and reports that commercial real estate prices may be at or very near to the bottom. Perhaps the election results will also have a positive effect on commercial real estate. The latest report comes from CoStar, offering:
Investment grade real estate continued its positive trend from August with a strong 5.48% increase in September, according to CoStar Group’s newly released Commercial Repeat-Sale Indices (CCRSI).
From Sperry Van Ness Accelerated Marketing | Atlanta, GA - We are seeing more reports almost daily that we may be at least near equilibrium regarding distressed CRE. The latest report from GlobeSt.com offers:
Delta Associates will report later today that US distressed commercial real estate has hit a plateau. If that sounds familiar, it is–the research firm declared in its last quarterly report that signs were mounting that distress was peaking and heading into a long period of plateau. “We were right,” Delta CEO Greg Leisch tells GlobeSt.com.
For the rest of the story, click HERE.