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

Sacramento really is the ‘King,’ and the boom happening in one D.C. suburb

08.14.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The New York Times: Dreams of a hip, high-tech Sacramento hinge on Kings’ new home court Sacramento is entering version 3.0. The city is in the midst of an urban revitalization, and a big part of that is the Kings’ new arena, which is set to open in 2016. But throughout California’s capital, new construction in office, housing, lodging, and retail space has begun, …

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A&P: An American Icon – A Guest Post from Llenrock Group

08.12.15
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. America’s most iconic and historically significant retail chains are broke–if not gone altogether. Case in point: the ever-cash-strapped Sears (1886-???), the famous Woolworth’schain (1878-1997), and department store pioneer Strawbridge’s (1868-2006). These chains’ enormous success decades ago is something they can rarely sustain in our current era, where shopping, demographic, real estate, and technological trends have …

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IRR Mid-Year Viewpoint 2015 shows healthy recovery for all property types

08.7.15
Posted by:
Ray Cirz
Ray Cirz

Increasing property values, rising occupancy rates, and continued cap rate compression were the big trends revealed in our Mid-Year Viewpoint 2015, an update of IRR’s annual compendium of real estate valuation, investment, and leasing trends and forecasts. The report includes a national summary and over 300 reports for 65 local markets in the office, multifamily, lodging, retail, and industrial sectors. Notably, Mid-Year Viewpoint 2015 predicts the strongest increase in property values will be in the …

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The industrial paradise in California, and why office buildings are adding amenities

08.7.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The New York Times: In California’s Inland Empire, an economic recovery brimming with industrial complexes During the Great Recession, the industrial landscape in Southern California was a cautionary tale: overdevelop, and soon you’ll be left with empty warehouses. But the winds have shifted, and while SoCal’s Inland Empire, a huge area east of Los Angeles, is building more industrial space, the vacancy rate has …

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The rebirth of Downtown Columbus, and why investors are bullish on Puerto Rico

07.31.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The Wall Street Journal: Some investors bet on Puerto Rico hotels Summer is here, and investors are feeling the Caribbean vibe. Famed hedge-fund manager John Paulson and other investment groups have recently gobbled up Puerto Rican hotels, as they believe some could draw in big bucks from wealthy travelers. These investors are taking properties, and spending millions of dollars to transform them into luxury hotels …

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Making headlines: Integra Realty Resources’ second quarter news

07.27.15
Posted by:
Ray Cirz
Ray Cirz

2015 has been a busy year for us here at Integra Realty Resources (IRR) and the second quarter was no exception. Our senior managing directors from across the country made a splash in their local real estate markets, presenting their expertise at several industry panels and responding to a plethora of requests from regional and national media looking for the latest and greatest in CRE. For the second year in a row, I was fortunate …

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A Petroleum Pipeline on MY Property? – An Appraiser Can Help

07.24.15
Posted by:
Douglas Sloan
Douglas Sloan

New pipeline easements are being acquired all over Ohio. Why? The simple answer is supply and demand. There are geopolitical and economic forces that have created increased demand for new energy sources. As the global population continues to expand and as the economies of the third world, and in particular China continues to develop, global energy demand increases. According to the International Energy Agency, energy demand is projected to increase by 60% in the next …

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Baby boomers are vying with millennials for rental properties, and LA’s hungry for apartments

07.24.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: The New York Times: Developers hope to change the face of transit hub in Jamaica, Queens Jamaica, Queens is a neighborhood in transition. This transit hub — home to an AirTrain connection from JFK to Manhattan, subway stops, bus lines, and an LIRR exchange — has long been marred by poverty and blight, but developers see Jamaica as a New York neighborhood that can …

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Crowdfunding: Boom or Blip? – A Guest Post from Llenrock Group

07.22.15
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. Back in May, I published a completely subjective ranking of the “Top 10 Disruptive Forces in U.S. Commercial Real Estate.” These disruptors included such usual suspects as energy sector vagaries and the growth of the tech sector, but also included one or two items that are relatively recent to such rankings. Most notably, …

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Retailers get particular, and New York City skyscrapers reach new heights

07.17.15
Posted by:
Ray Cirz
Ray Cirz

Here are the news stories you might have missed this week: Crain’s New York Business: How tall can NYC’s skyscrapers go? You won’t believe the answer When will a 1,400-foot-tall building look small? When it’s across the street from a building that stands over 2,000 feet. Advances in building technology and construction techniques might soon allow for New York City skyscrapers to vault 2,000 feet into the sky. Building developers will employ new dampening mechanisms, …

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