|2014 Conference Porspectus|
2014 Conference Porspectus
|Banks worry about commercial property|
Banks worry about commercial property
|Signs of rebound in commercial sector|
Signs of rebound in commercial sector
|Commercial real estate might not go bust|
Commercial real estate might not go bust
|NAR: Commercial hurt by credit crunch, weak economy|
NAR: Commercial hurt by credit crunch, weak economy
|Hope seen for troubled commercial sector|
Hope seen for troubled commercial sector. Commercial real estate is in the early stages of a downturn, but the picture could brighten by mid-2010, NAR Chief Economist Lawrence Yun says.
|NAR: Weak economy and lack of credit hobble commercial market|
Access to credit and refinancing issues have seriously affected the commercial real estate markets, but recent Federal Reserve actions may ease the crisis, according to presentations at a commercial real estate forum yesterday at NAR’s Midyear Legislative Meetings & Trade Expo.
|Commercial: Experts optimistic despite tight credit conditions|
Commercial: Experts optimistic despite tight credit conditions
|UF study: Florida land values down in 2008|
UF study: Florida land values down in 2008
|Commercial rents down in Q1 2009|
Commercial rents down in Q1 2009
|Vacant properties raise insurance risk|
NEW YORK – March 19, 2009 – Rising vacancies in commercial property increases insurance risk and ultimately the cost of insurance, warns the Chubb Group of Insurance Companies.
|Commercial property owners focus on preserving value of existing assets|
NEW YORK – March 17, 2009 – Battered by the U.S. economic recession, the commercial real estate market is struggling to maintain values across all property types and geographic areas, kicking a growing number of investors into survival mode as they watch the value of their existing portfolios decline, according to investors and real estate professionals surveyed as part of the First Quarter 2009 PricewaterhouseCoopers Korpacz Real Estate Investor Survey®.
|Fed prepares for commercial market bailout|
WASHINGTON – March 11, 2009 – Real estate experts agree that the best hope for avoiding a commercial real estate crisis similar to the residential one is another bailout from the federal government.
|Tips for homeowners who turn into landlords|
WASHINGTON – March 11, 2009 – Homeowners who decide to rent out their properties have to stop thinking of themselves as homeowners and instead consider themselves as running a small business, experts say.
|Commercial real estate activity continuing to decline|
WASHINGTON – Feb. 20, 2009 – A sustained lack of credit and the economic slump will depress the commercial real estate market this year, according to a forward-looking index and forecast for the commercial real estate sectors published by the National Association of Realtors® (NAR).
|Expanded TALF will encourage commercial real estate investment|
WASHINGTON – Feb. 13, 2009 – The U.S. Treasury’s decision to accept commercial mortgage-backed securities as eligible collateral for the Term Asset-Backed Loan Facility (TALF) will encourage investment in the commercial real estate market, according to the National Association of Realtors® (NAR).
|NEW REIT RULES TAXING|
Holders of real estate investment trusts (REITs) feel the pain when they look at their investments this year.
|More liquidity needed to avoid crisis in commercial real estate|
WASHINGTON – Feb. 9, 2009 – A severe lack of credit threatens commercial real estate and poses significant risks for the whole economy, according to a National Association of Realtors® (NAR) work group.
|Commercial landlords struggle to refinance|
NEW YORK – Jan. 21, 2009 – Commercial landlords, even those with good credit, are finding it increasingly difficult to refinance their properties, says Real Estate Economics LLC President Sam Chandan.
|Commercial real estate outlook dampened|
WASHINGTON – Dec. 18, 2008 – With the exception of cash transactions, investment activity in commercial real estate sectors is nearly at a standstill because commercial lending has essentially halted, while job losses are curtailing the demand for space, according to the latest Commercial Real Estate Outlook of the National Association of Realtors® (NAR).
|Commercial Real Estate Index: As expected, activity slows|
WASHINGTON – Nov. 21, 2008 – 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® (NAR).
|Commercial real estate sectors disrupted by credit squeeze and economy|
ORLANDO, Fla. – Nov. 11, 2008 – The disruption in the capital markets means many commercial real estate transactions have been cancelled or postponed, while the weak economy has eroded otherwise healthy market fundamentals, according to a commercial market update and forecast presented at the 2008 Realtors Conference & Expo here. Lawrence Yun, National Association of Realtors (NAR) chief economist, said commercial fundamentals have shifted.
|Citizens Property Insurance offers new commercial nonresidential multi-peril policy|
TALLAHASSEE, Fla. – Nov. 4, 2008 – Citizens Property Insurance Corp. announced that it will begin offering a Commercial Nonresidential Multi-peril (CNR-M) policy on Nov. 17, 2008. This new policy will be available to eligible nonresidential entities statewide.
|Commercial real estate pinched by Wall Street woes|
WASHINGTON – Sept. 17, 2008 – Activity is slowing in commercial real estate sectors in response to tightening credit and slow economic growth, according to the latest Commercial Real Estate Outlook of the National Association of Realtors (NAR).
|ARE YOU COVERED?|
The U.S. Government Accountability Office's "Terrorism Insurance: The Status of Efforts by Policyholders to Obtain Coverage" report reveals that most high-value properties in at-risk, large cities have found adequate terrorism insurance coverage.
|Economic softening hits leading Commercial Real Estate Index|
WASHINGTON – Aug. 21, 2008 – The recent softening of economic conditions should impact commercial real estate markets in the months ahead, according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors (NAR).
|Developers see perks in old buildings|
BOSTON – July 28, 2008 – Increasingly, developers are choosing to turn old factory buildings into new housing and other developments.
|Florida’s rental markets latest to suffer ill effects in housing crunch|
GAINESVILLE, Fla. – July 8, 2008 – The spread of “For Rent” signs is the latest bad news as Florida’s real estate market declines in all forms of rentals, a new University of Florida study finds. The results from the most recent quarterly survey of Florida real estate trends shows fewer takers for all kinds of properties for let — retail, office, industrial and particularly apartments.
|REITs fell in 2nd quarter, still outperform Dow|
NEW YORK – July 7, 2008 – The Dow Jones Equity All REIT Total Return index fell 4.9 percent in the second quarter versus a gain of 1.4 percent in the first three months of this year.
|New law allows landlords to charge liquidated damages|
TALLAHASSEE, Fla. – June 16, 2008 – A Florida landlord can now charge liquidated damages or an early termination fee under a bill signed last week by Gov. Charlie Crist, even if the property is re-rented immediately. The bill is similar to one Crist vetoed last year.
|Confidence in rental market weakens|
WASHINGTON – June 4, 2008 – Builder confidence in the rental apartment market dropped in the first quarter of 2008, according to the latest results of the Multifamily Rental Market Index (MRMI) from the National Association of Home Builders (NAHB).
|Leading Commercial Real Estate Index contracts in first quarter|
WASHINGTON – May 22, 2008 – Although fundamentals are sound, activity in commercial real estate markets is expected to ease in the months ahead, according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors®.
|Selling land is largest specialty for NAR commercial members|
WASHINGTON – May 21, 2008 – Reflecting a strong commercial real estate market last year, commercial members of the National Association of Realtors® (NAR) surveyed for the NAR Commercial Member Profile experienced a 7 percent jump in median sales volume for 2006, reaching a median of $2.249 million in sales. Respondents closed a median of eight transactions, the report noted.
|Conditions mixed in commercial real estate but fundamentals good|
WASHINGTON – May 19, 2008 – Commercial real estate conditions are uneven across the country and vary notably in some areas, according to a commercial real estate update and forecast presented here at the National Association of Realtors® (NAR) Midyear Legislative Meetings & Trade Expo.
|Business office rentals fall|
Business office rentals fall
|Mortgage meltdown dampens state’s commercial real estate outlook|
GAINESVILLE, Fla. – March 19, 2008 – Fallout from the subprime meltdown is now spreading from the residential to commercial real estate sectors, but the outlook for Florida remains stable because of the fundamentals of good climate and in-migration, according to the latest University of Florida survey.
|NAR: Commercial fundamentals steady|
WASHINGTON – March 13, 2008 – Commercial real estate market fundamentals are fairly stable, although investment is waning following a record year in 2007, according to the latest Commercial Real Estate Outlook of the National Association of Realtors® (NAR).
|IRS: 1031 EXCHANGES ON VACATION HOMES|
The Internal Revenue Service recently issued Revenue Procedure 2008-16, which spells out how vacation properties can qualify for 1031 exchanges. The guidance aims to clear up the debate over vacation homes, and whether they’re an investment or personal use properties.
|NAR’s Second Century Ventures acquires ePropertyData|
WASHINGTON – March 7, 2008 – The National Association of Realtors® (NAR) has acquired ePropertyData (ePD), a provider of commercial information exchange (CIE) services for the commercial real estate industry. The acquisition was accomplished by NAR’s new for-profit subsidiary, Second Century Ventures LLC.
|Fourth quarter Commercial Real Estate Index eases|
WASHINGTON – Feb. 21, 2008 – The Commercial Leading Indicator for Brokerage Activity slipped 0.4 percent to an index of 120.1 in the fourth quarter from a reading of 120.6 in the third quarter, but remains 0.1 above the fourth quarter of 2006 when it stood at 119.9.
|UF survey: Florida’s commercial market remains strong|
GAINESVILLE, Fla. – Jan. 29, 2008 – The latest survey by the University of Florida’s Bergstrom Center for Real Estate Studies finds two real estate worlds in Florida. While the residential world continues to suffer and receive bad press, the commercial world thrives. Analysts say that commercial respondents continue to report stable, healthy conditions in the state.
|Commercial real estate fundamentals sound – investment slowing|
WASHINGTON – Dec. 21, 2007 – The fundamentals in commercial real estate remain healthy with only slight increases in vacancy rates expected for the office and industrial sectors during 2008, although credit restrictions have recently slowed overall investment activity, according to the latest Commercial Real Estate Outlook of the National Association of Realtors® (NAR).
|Tax tips for real estate developers and investors|
CHICAGO – Dec. 6, 2007 – As 2007 comes to an end and planning for 2008 begins, real estate developers and investors should consider some tax tips that could save money for companies in the long run:
|Expert shares tips for mastering 1031 exchanges|
WASHINGTON – Nov. 26, 2007 – Why bother becoming an expert on 1031 exchanges? For starters, using a like-kind exchange instead of selling the property outright will almost certainly save your seller big bucks in taxes, says Jim Miller, vice president and southwest regional manager of IPX 1031 in Phoenix.
|Commercial real estate index levels out in 3rd quarter|
WASHINGTON – Nov. 21, 2007 – Commercial real estate market activity is expected to level out, suggesting stable business opportunities for commercial practitioners in the months ahead, according to a forward-looking index for the commercial real estate sectors published by the National Association of Realtors® (NAR).
|Property management presents opportunities|
WASHINGTON – Nov. 6, 2007 – Real estate agents have the opportunity to branch out into property management, especially as investors decide to rent out their units while they wait for the housing market to rebound.
|Citizens to offer commercial multi-peril coverage Jan. 1|
TALLAHASSEE, Fla. – Nov. 6, 2007 – The Florida Office of Insurance Regulation (FOIR) announced yesterday that it approved a new multi-peril commercial non-residential insurance program for Citizens Property Insurance Corp. (Citizens), the result of a legislative change that authorized Citizens to assume the policies of the Property and Casualty Joint Underwriting Association (PCJUA).
|Top commercial markets for 2008 all have similar attributes|
NEW YORK – Nov. 2, 2007 – Keep an eye on commercial real estate markets in metros that position themselves as 24-hour cities with a global pathway to international markets, says the Urban Land Institute (ULI) in a rating of the top commercial real estate markets for 2008.
|Solid fundamentals support commercial real estate|
WASHINGTON – Sept. 18, 2007 – Most commercial real estate markets are enjoying relatively low vacancy rates and healthy rent growth from a fundamentally sound economy, according to the latest Commercial Real Estate Outlook of the National Association of Realtors® (NAR).
|5 hot trends in real estate development|
DETROIT – Sept. 13, 2007 – Giffels-Webster Engineers, a civil engineering firm in suburban Detroit, identifies five top trends in real estate and development.