Thursday, December 20, 2012

State Calls Off Nursing Home Meeting After Rocky Hill Files Suit - Hartford Courant

State Calls Off Nursing Home Meeting After Rocky Hill Files Suit - Hartford Courant

State Calls Off Nursing Home Meeting After Rocky Hill Files Suit - Hartford Courant

State Calls Off Nursing Home Meeting After Rocky Hill Files SuitHartford CourantAfter learning earlier in the day that the town had filed a lawsuit, state officials Thursday night called off a community information meeting to discuss plans to open a private residential nursing home to care for prisoners and mental patients. The ...and more »

Southdale shopping for rejuvenation - Minneapolis Star Tribune

Minneapolis Star TribuneSouthdale shopping for rejuvenationMinneapolis Star TribuneBut the company, which bought the 1.3 million-square-foot mall about five years ago, says it's pulled out all the stops to bring shoppers and retailers back as Southdale undergoes its biggest makeover since opening in 1956. Throughout the center, there ...and more »

Sea Changes in the Caribbean - Wall Street Journal

Sea Changes in the CaribbeanWall Street JournalOn this small chain of islands not far from the Bahamas, total real-estate sales peaked in 2007 to around $250 million and by 2009 had dropped to under $50 million, according to Rick Newton of Resort Capital Partners. Nina Siegenthaler, a broker with ...and more »

Partners Real Estate Investment Trust (TSX: PAR.UN) Completes Montreal and ... - Equities.com

Partners Real Estate Investment Trust (TSX: PAR.UN) Completes Montreal and ...Equities.comPartners Real Estate Investment Trust (TSX: PAR.UN) Completes Montreal and Timmins ... The Timmins West Power Centre is a 100% leased 43,774 square foot open-air retail centre shadow-anchored by Canadian Tire and Home Depot. The property includes three ...and more »

No Sting: Feds Won't Go Undercover to Prove Housing Discrimination - ProPublica

ProPublicaNo Sting: Feds Won't Go Undercover to Prove Housing DiscriminationProPublicaExperts say undercover testing is the most effective way to catch landlords and real estate agents who conceal their intentions behind smiling faces and seemingly open, friendly attitudes. Indeed, the handful of people who, like Rembis, realize what ...and more »

Terranova/Acadia Team on $139 Million Lincoln Road Buy - The Herald | HeraldOnline.com

Terranova/Acadia Team on $139 Million Lincoln Road BuyThe Herald | HeraldOnline.com20, 2012 — /PRNewswire/ -- In the largest Florida retail acquisition of 2012, affiliates of Terranova Corporation and Acadia Realty Trust have acquired a $139 million, three building portfolio on Lincoln Road in Miami Beach, the most powerful retail ...and more »

Gov. Snyder signs industrial property tax bill

Michigan's personal property tax on industrial equipment and machinery would be phased out over 10 years and small retailers would no longer have to pay the commercial levy under legislation Gov. Rick Snyder signed today.

Meeting Friday About Planned Prisoner Nursing Home In Rocky Hill - Hartford Courant

Meeting Friday About Planned Prisoner Nursing Home In Rocky HillHartford CourantThe suit, which is expected to be served on Friday, names iCare Management LLC and SecureCare Realty LLC as defendants. SecureCare, an iCare subsidiary, purchased the 60 West St. property for $1.9 million in November. The property was developed ...

Pike + Rose pushes the envelope on suburban retrofits - Greater Greater Washington

Pike + Rose pushes the envelope on suburban retrofitsGreater Greater WashingtonAs the Friends of White Flint blog wrote last week, it will be huge, with 3.5 million square feet of apartments, offices, shops, restaurants, entertainment venues and a hotel on 24 acres. The first of four phases at Pike + Rose broke ground this summer ...

Detroit cultural gems DSO, DIA and science center show luster again - The Detroit News

Detroit cultural gems DSO, DIA and science center show luster againThe Detroit NewsThe Detroit Symphony Orchestra was burdened by a $54 million real estate debt it could not pay. Leaders at the Detroit Institute of ... We would become a museum that could open its doors on the weekends for a few hours." Campaigning for the millage was ...and more »

NHB to raise up to $200 million next quarter via ECB route - Economic Times

NHB to raise up to $200 million next quarter via ECB routeEconomic Times"We are looking at raising up to USD 200 million under the new external commercial borrowing (ECB) window opened by RBI for low-cost housing. We will soon approach RBI for its permission. The money will be used to fund retail housing," NHB Chairman ...and more »

Ares Commercial Real Estate Corporation Originates $49.6 Million Senior Loan Commitment for Tampa-Area Multi-Family ...

Ares Commercial Real Estate Corporation announced today that it closed a $49.6 million first mortgage loan commitment collateralized by a 982-unit multi-family apartment portfolio located in Brandon, FL, within the greater Tampa market.

Ideas abound about commercial taxes

Labi Kousoulis of Zephyr Rug and Home would like to see a hybrid taxation system for commercial property taxes. (ERIC WYNNE / Staff)

Privately Held Real Estate Firm Fortis Commercial Advisors Announces Six Commercial Property Closings

Las Vegas commercial real estate brokerage firm Fortis Commercial Advisors closes six commercial properties in 10 days.Las Vegas, NV (PRWEB) December 19, 2012 Privately owned Las Vegas commercial real estate brokerage firm Fortis Commercial Advisors celebrated six successful commercial property closings in a 10-day period in November, a timeframe unusual in the industry. The timing and pricing ...

Mandan approves new standards for business tax breaks

The Mandan City Commission Tuesday approved a revised commercial property tax break policy that sets standards that benefit the city

Sampson Morris Group Selected For "25 Largest Pittsburgh-Area Commercial Property Managers"

Sampson Morris Group of Monroeville,PA, has been honored with a recognition by Pittsburgh Business Times in its selection of "25 Largest Pittsburgh-Area Commercial Property Managers."MONROEVILLE, Pa., Dec. 19, 2012 /PRNewswire-USNewswire/ -- Announcing a special recognition appearing in the March,2011 issue of Pittsburgh Business Times published by American City Business Journals,Sampson Morris ...

Investors Anticipate Opportunities in Commercial Real Estate across All Major Property Sectors in 2013, According to ...

NEW YORK, Dec. 19, 2012 /PRNewswire/ -- As 2012 draws to a close and the industry's recovery progresses, commercial real estate offers varied investment opportunities across each major sector and a diverse ...

Large Tiburon commercial property portfolio sells

TIBURON -- Two North Bay commercial property investment companies purchased 10 downtown Tiburon buildings with 72,000 square feet of retail and office space from a major force for real estate ... Read more »

Evesham to crack down on neglected commercial properties

EVESHAM—The township will be getting tough with commercial property owners who are not keeping their properties up to standards that even residential homeowners must uphold.

Latest CoStar Commercial Repeat-Sale Analysis: Commercial Property Prices Show Little Movement in October Amid ...

WASHINGTON -- This month's CoStar Commercial Repeat Sale Indices (CCRSI) provide the market's first look at October 2012 commercial real estate pricing. Based on 927 repeat sales in October and more than ...

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