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

Next Moves – A Guest Post from Llenrock Group

10.30.14
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. Amazon.com, one of the great success stories of the late-90s tech boom and an e-commerce juggernaut of the last decade or so, rarely shies away from surprising investors, customers, and the media alike. While Amazon (NASDAQ: AMZN) is no longer the world’s largest eCommerce company–having lost that title following Alibaba’s(NYSE: BABA) record-setting, $25B …

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How the energy sector is ramping up CRE investments in Houston, and reasonable rents drive investors to Philadelphia

10.24.14
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: Houston Business Journal: Houston named No. 1 real estate market to watch in 2015 Investors worldwide have targeted Houston as the next big U.S. market for commercial real estate.  The city was recently ranked by the Urban Land Institute and PwC as the top market for investment and development prospects, the second hottest market for office and multifamily, and fourth for hotel investment.  Much …

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Hot off the press: Integra Realty Resources’ October in the News

10.20.14
Posted by:
Ray Cirz
Ray Cirz

It was an active third quarter in the commercial real estate industry, and with Integra Realty Resources’ hundreds of appraisal experts located throughout our 66 offices across the country, the media turned to IRR for insight on everything from national trends to hot local markets in Texas and Florida.  Here are just a few of the stories that featured Integra’s experts last quarter. Reuters: A recent report by the team at IRR-Miami on the state …

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America’s warehouse boom, and CRE is on the rise in Phoenix

10.17.14
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The Post and Courier: Charleston region on cusp of new growth for commercial real estate Charlotte investors and realtors are moving full steam ahead with an onslaught of new commercial real estate projects.  As Charlotte’s population continues to grow and vacancy rates drop across market segments, demand for new construction is at an all-time high.  The rising need for real estate is encouraging investors …

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3 ways Charlotte’s Blue Line extension could spark a commercial real estate boom

10.14.14
Posted by:
Fitzhugh Stout
Fitzhugh Stout

A simple rail line transformed Charlotte’s real estate landscape.  The LYNX light rail service, which commenced service in 2007, sparked nearly $2 billion in new construction in Charlotte’s South End and uptown neighborhoods. The success of the rail, and real estate development around its stations, encouraged the city to continue its public transit push.  It recently announced a 9.3-mile, $1.1 billion dollar Blue Line extension project connecting Ninth Street and University City.  While the Blue …

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Shopping centers prove to be a hot sector, and New York investors head west

10.13.14
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed last week: The Wall Street Journal: Hilton to sell Waldorf Astoria to Chinese firm The famous Waldorf Astoria Hotel in Manhattan just sold for a record-breaking price — $1.95 billion.  A Chinese insurance company splurged on this New York landmark, and the purchase reflects an ongoing trend in the luxury real estate market.  Experts are seeing more and more foreign investors gobbling up high-end American hotels …

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Want to ensure you are RICS Red Book compliant? Attend this webinar on compliance for North American valuers

10.6.14
Posted by:
Jim Andrews
Jim Andrews

As a part of the RICS Online Training Academy curriculum, and to help bring American and Canadian RICS members up to speed on the newest Red Book requirements, I will be leading an RICS online course titled “Compliance with The Red Book for North American Valuers” on October 20, 2014, at 12:00 p.m. EDT. The Royal Institute of Chartered Surveyors (RICS) has more than 100,000 members in over 120 countries; 3,400 members in the U.S., …

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New York City’s record-setting year, and the first transit-oriented development breaks ground in Utah

10.3.14
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: Bloomberg: NYC commercial-property sales top transactions last year New York City’s commercial real estate market is facing a record-breaking year, with 2014 CRE sales already outpacing 2013 deals.  Citywide cap rates now stand at 5.5%, and a handful of neighborhoods throughout the city, including Harlem, Bensonhurst, Ridgewood, and parts of Brooklyn and Queens, are seeing even lower rates.  Falling interest rates, rising rents rates, …

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Faneuil Hall: Reimagining Boston’s Famous Landmark – A Guest Post from Llenrock Group

10.1.14
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 while back, Travel + Leisure published a ranking of America’s most-visited tourist attractions based on each location’s annual number of visitors. The number one attraction in the United States is, no surprise, Times Square in Manhattan, with over 40 million visitors per year. That’s the population of Argentina! Yes, that’s a lot of …

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Atlantic City’s genius redevelopment idea, and millennials rule the multifamily sector

09.26.14
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The New York Times: The wrecking ball targets a former Army base New Jersey’s Fort Monmouth is performing an about-face, transforming from a military hotbed to an extensive mixed-use park.  CommVault, a data and information management software company, recently moved into a $100 million building on base, and now residential, retail, and commercial real estate developers have shown interested moving to the 1,126 acre …

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