by Randyl Drummer for CoStar The economy needs jobs, and to help pay for his $447 billion jobs creation program, President Obama is once again urging Congress to raise the tax rate on carried-interest investment income earned by real estate partnerships, private equity investors and hedge fund managers. But Republicans in Congress, big private-equity players, …
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Real Estate Groups Mobilize to Fight Hike in Carried Interest Tax
September 14th, 2011 | Posted by in Real Estate News - (Comments Off on Real Estate Groups Mobilize to Fight Hike in Carried Interest Tax)Office Recovery Varies
September 13th, 2011 | Posted by in CCIM | Real Estate News - (Comments Off on Office Recovery Varies)by Beth Mattson-Teig The national office market has officially started its recovery: rents and vacancies have not only stabilized, but are even turning positive. But not every area of the country has received that memo. The rate of recovery varies widely by state, city, and even individual submarket. There continues to be a wide disparity …
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Banker Optimism Returns for CRE Lending
July 27th, 2011 | Posted by in CoStar | Real Estate News - (Comments Off on Banker Optimism Returns for CRE Lending)by Mark Heschmeyer for CoStar Group The nation’s bankers are sounding more optimistic about the commercial real estatemarkets than at any time since the onslaught of the Great Recession in 2007. In their second quarter earnings conference calls over the past week, several spoke of plans to re-enter the CRE market or actually reported CRE loan …
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Hembree & Associates Nominated for the Insignia Award
July 22nd, 2011 | Posted by in Accolades | Sarasota Chamber of Commerce - (Comments Off on Hembree & Associates Nominated for the Insignia Award)Hembree & Associates, Inc. has been nominated for the Greater Sarasota Chamber of Commerce’s Insignia Award! The purpose of the Insignia Award is to honor an upstanding standing Chamber member for their dedication to providing exemplary customer service, commitment to the community and adherence to the Chamber Code of Ethics. The award is presented at the …
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Don’t Just Take Our Word for It, Upside to CRE Market Has Begun
June 23rd, 2011 | Posted by in CoStar | Real Estate News - (Comments Off on Don’t Just Take Our Word for It, Upside to CRE Market Has Begun)by Mark Heschmeyer for CoStar Group What better time than the summer solstice to shine a light on current commercial real estate market conditions. CRE firms and organizations released a broad array of mid-year market overviews and viewpoints this past week – all of which cast conditions with a fairly sunny outlook. We report on …
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What Impact Will Debt Ceiling Decision Have On Commercial Real Estate?
June 8th, 2011 | Posted by in CoStar | Real Estate News - (Comments Off on What Impact Will Debt Ceiling Decision Have On Commercial Real Estate?)by Randyl Drummer for CoStar Group With Washington facing a showdown in less than two months for reaching a deal on the government’s debt ceiling, many observers are weighing the potential impact on the commercial real estate recovery depending on various scenarios the Congress may pursue in dealing with this matter. On May 16, the U.S. government …
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Rising Demand, Shrinking Supply Begins to Stabilize Warehouse Rents
May 4th, 2011 | Posted by in CoStar | Real Estate News - (Comments Off on Rising Demand, Shrinking Supply Begins to Stabilize Warehouse Rents)by Randyl Drummer for CoStar Group The leasing market for U.S. industrial real estate continues to show improvement but is not yet on fire. Rent declines are decelerating as consumer spending picks up, available warehouse and distribution space is absorbed, and companies emerge from the recession in growth mode. That’s the consensus of CoStar analysts, …
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For Distressed Investors, There is No Where To Go But Up
March 2nd, 2011 | Posted by in CoStar | Real Estate News - (Comments Off on For Distressed Investors, There is No Where To Go But Up)by Mark Heschmeyer for CoStar Group If conditions in commercial real estate have indeed hit bottom, then an increased amount of distressed assets could hit the market this year — and values could also begin to tick up. That is the general consensus of industry professionals that CoStar Group interviewed for their outlooks on distressed …
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Business partners take over Peach’s Restaurants
February 24th, 2011 | Posted by in Accolades | Real Estate News - (Comments Off on Business partners take over Peach’s Restaurants)by Grace Gagliano – Bradenton.com photo credit: Bradenton.com Alison Thomas does everything with a smile — busing tables, wiping counter tops and rolling up utensils in napkins. Her business partner Mary Beth Hansen is the same way, even when realizing that attempting to cook bananas and chocolate chips in …
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Commercial Real Estate Index Shows Slowing Activity
November 20th, 2008 | Posted by in Real Estate News | Realtor.org - (Comments Off on Commercial Real Estate Index Shows Slowing Activity)from Realtor.org The economic downturn will slow commercial real estate markets into 2009 according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors®. Lawrence Yun, NAR chief economist, said all components of the Commercial Leading Indicator for Brokerage Activity1 were down, with the exception of personal income. …
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