Property Jump

CNBC - Commercial Real Estate Time Bomb

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Car Dealership Closing Could Hurt Commercial Real Estate Values

Check out full article HERE This is an ugly excerpt from the article: Already, 522 dealerships have closed in 2009. Now, both Chrysler and General Motors are looking to aggressively trim their dealer base even further. General Motors, which filed for bankruptcy protection earlier this week, previously planned to close 1,200 sites by 2012, but has raised [...]

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Costar Power Brokers for 2008

Costar has announced the winners of the 2008 Power Brokers for Southern CT /Westchester.  Check out all the winners HERE Top Sales Brokers                        Top Leasing Brokers AMS Real Estate, LLC Angel Commercial, LLC CB Richard Ellis CB Richard Ellis Cushman & Wakefield Cushman & Wakefield FirstService Williams FirstService Williams Friedland Realty Inc Friedland Realty Inc HK Group H. Pearce Company Marcus & Millichap HK Group Prudential Serls Prime Properties Commerical Group Howard [...]

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Commercial Real Estate Rebound

What do you think?                          Check out the Loopnet Poll results HERE

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A look Inside ICSC 2009

If you didn’t go to ICSC in Las Vegas this year ( which sounds like most people ) you can read all about it here: Costar published a day to day summary of everything that happened throughout the week.  Check it out HERE Trend Czar published a good review of ICSC 2009.   Check it out HERE Counter Culture [...]

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Ten Reasons Commercial Real Estate Won’t Rebound

Interesting article.    Not sure if I agree completely but definitely some interesting views   1. In prime office markets, closings for trophy properties are being done at 7.5-8.5 cap rates; anything other than “trophy” quality is above 9.0 caps. Against a backdrop of halcyon-era deals, which happened at nominal 3-4 caps (in reality cap rates were at zero [...]

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Law Firm Signs New lease In Trumbull

A multi year lease was signed for 2,000 SF of office space. Steve Hodson of Hodson Realty represented the landlord, Corporate Drive, LLC and Josh Gold of Levey Miller Maretz represented Tellalian, Fray and Bussolotta. David Bussolotta and Bill Fray of Tellalian, Fray and Bussolotta, LLC are pleased to announce the opening of their new [...]

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Real Estate Mayhem

Interesting article on the national commercial real estate market.   The recently announced bankruptcy of the one of the largest mall operators ( General Growth Properties) in the United States has shaken up the national commercial real estate market.   If one of the largest mall reit’s in the US is filing for bankruptcy what will happen to the smaller [...]

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Are My 1031 Escrow Funds Safe? By Rob Pingeton

Are My 1031 Escrow Funds Safe? The recent financial meltdown, 1031 regulatory changes, government intervention and failure of a national QI are causing many would be 1031 exchangers to ask the question “how safe are my funds if I do a 1031 Exchange”?   As a custodian of exchange funds, a QI must invest in a manner [...]

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