Insights and perspectives with the world's most experienced real estate valuation and consulting professionals.

IRR Mid-Year Viewpoint 2014 reveals CRE markets continue to recover nationwide

07.17.14
Posted by:
John Albrecht
John Albrecht

Decreasing vacancy rates, moderate/high new construction growth, high absorption rates, and medium/high rental rate growth are all trends revealed in IRR’s Mid-Year Viewpoint 2014, an update of the industry’s annual compendium of real estate valuation, investment, and leasing trends and forecasts.  The report released today includes a national summary and over 300 reports for 63 local markets across five key property types: office, multifamily, retail, industrial, and lodging.  The report reveals that each of those …

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Real estate drones are still up in the air, and Kansas City is booming again

07.11.14
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: USA Today: FAA says real estate agents’ drone use illegal Should we look to the sky for the future of real estate?  Brokers are increasingly using drones to give video tours and capture photos of properties from a bird’s eye view.  But using the remote-controlled aircraft comes with a flight risk: the FAA has banned drone use for commercial purposes, and real estate agents …

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IRR- Philadelphia Senior Managing Director Joseph Pasquarella appointed to the Pennsylvania State Board of Certified Real Estate Appraisers

07.9.14
Posted by:
John Albrecht
John Albrecht

Congratulations are in order as yet another of IRR’s professionals is recognized as a standard bearer for our industry.  Joseph Pasquarella, MAI, CRE, FRICS, the Senior Managing Director who leads our Philadelphia office, was appointed to the Pennsylvania State Board of Certified Real Estate Appraisers by Governor Tom Corbett – an honor that carries both high prestige and serious responsibility.   During his four-year term, Joe will help regulate the certification process and establish professional standards …

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Miami prepares for a $1.5B Worldcenter, and why women are the ones to watch in New York real estate

07.7.14
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed last week: The Wall Street Journal: For New York real estate dynasties, daughters hold the future Women are finally starting to take the reins in New York real estate.  The industry glass ceiling is cracking in part due to family ties: daughters of several real estate dynasties are poised to take over the family business, with last names like Trump, Zucker, and Rudin.  While barriers still …

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So Far, So Good?-A Guest Post from Llenrock Group

06.30.14
Posted by:
Ray Cirz
Ray Cirz

This post from Eric Hawthorn is part of our Llenrock Group guest post series and originally appeared on the Llenrock Group blog. A couple years ago, in a post entitled “A Return to Luxury,” I reported that UBS was offering single-asset CMBS on the famous Fontainebleau Hotel in Miami Beach. This was a significant move for the bank, and for the commercial real estate world, because it was the first time in over 10 years that a hotel property had been …

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Investors land deals on the tarmac, and the TRAINsformation of the Washington metro area

06.27.14
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The New York Times: Tysons, a Northern Virginia crossroads, waits impatiently for the train Once a rural crossroads just outside of downtown Washington, D.C., Tysons, Virginia is now poised to become the next hot live, work, and play community.  Tysons currently ranks eighth in retail square footage among national shopping hubs, but the region is eagerly awaiting the new Metro rail line extension to …

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San Diego Senior Analyst Eric Schneider joins IRR’s ranks of MAI-designated appraisers

06.25.14
Posted by:
Jeff Greenwald
Jeff Greenwald

We’re proud to announce that yet another dedicated IRR employee has earned the Appraisal Institute’s honorable MAI designation, adding to our firm’s industry-leading number of  MAI-designated appraisers, and furthering building upon IRR-San Diego’s impressive employee accolades.  In addition to this recent honor, Senior Analyst Eric Schneider was also appointed to lead the estate and trust specialty division for our San Diego office.  To read more about this news, check out the official press release below. Integra …

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Integra Realty Resources’ May news: The many variables of marina appraisal, and the Jersey Shore makes a comeback

06.17.14
Posted by:
Ray Cirz
Ray Cirz

The media sought out Integra Realty Resources’ experts throughout the month of May to gain insights on a variety of topics, including marina valuation and the second-home market in New Jersey.  Here are some stories that featured IRR in May: New Jersey Realtor: Anthony S. Graziano, Executive Director and Director of Litigation Services for IRR’s coastal New Jersey office, spoke to Heidi Lynn Russell of New Jersey Realtor Magazine about the state’s growing second-home market.  …

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New York City offices get with the times, and why you need to follow the energy sector

06.13.14
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The New York Times: A tug-of-war of tax breaks tightens across the Hudson New York and New Jersey are battling over the country’s biggest multibillion-dollar companies, using subsidies as ammunition.  New Jersey Governor Chris Christie awarded more than $4 billion in tax breaks and credits to major corporations in an effort to keep them (and their jobs) in the state.  Meanwhile, Governor Cuomo of …

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New Advisory Board members bring fresh insights, expertise to IRR

06.10.14
Posted by:
John Albrecht
John Albrecht

As IRR continues to expand and improve our services nationwide, we have also committed to strengthening our leadership in key business areas where we see strong opportunities.  To that effect, this week we proudly welcome three new Advisory Board Members to our Board of Directors: Guillermo Cano, Senior Product Manager, Investable Products at Russell Investments; Mark Testoni, Chief Executive Officer at SAP National Security Services (SAP NS2), and Jennifer Vogel, former Senior Vice President, General …

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