Gramercy Capital Corp. announced that Michael Berman has joined its Gramercy Realty division as senior vice president, leasing and portfolio management. Mr. Berman brings to Gramercy Realty more than 20 years of commercial property leasing and asset management experience involving commercial properties throughout the United States with industry leaders including...
Most businesses—especially small businesses—rent their premises by means of a lease or rental agreement. This article explains the basics of leasing and includes the main issues to consider before signing a lease. What You Need to KnowWhat is the difference between a rental agreement and a lease? The owner,...
NORDIC BUSINESS REPORT-14 March 2008-Akelius Fastigheter AB sells commercial property in Haparanda to IKEAC1994-2008 M2 COMMUNICATIONS LTD http://www.m2.com
NORDIC BUSINESS REPORT-17 December 2007-Kungsleden AB acquires two commercial properties from Brio ABC1994-2007 M2 COMMUNICATIONS LTD http://www.m2.com
For commercial properties, sales price and market value are not equivalent. These properties are almost always valued using the income method, as there are many variables that go into the sales price of a commercial property. Financing conditions, 1031 tax exchanges, assumption of existing debt, whether the transaction is part...
Beginning this year, Texas property owners who are protesting their property taxes and do not achieve a satisfactory reduction on their home's assessed value at the Appraisal Review Board ARB hearing, now have the option to request binding arbitration instead of judicial appeal. Prior to the passage of the binding...
According to fdi.gov.cn: Latest sources show America's largest commercial property investor, developer and management company Simon Property Group has recently formed a joint venture with Fortune 500 Company Morgan Stanley Property Fund in Shenzhen. According to fdi.gov.cn: Latest sources show America's largest commercial property...
When disputes arise between parties to commercial real estate sales or lease transactions and negotiation does not resolve the conflicts, the opposing parties often consider filing civil lawsuits to resolve the disputes. Unfortunately, lawsuits can be expensive and time-consuming, and generally are not effective at preserving working relationships. Parties to...
There is, in particular, a remarkable dearth of data on real estate prices, despite their proven role in the genesis of financial crises and, increasingly, in influencing the business cycle. Data gathering has so far been largely left to the initiative of private firms, which naturally tailor the data to...
At a bare minimum, businesses need to insure their properties and their inventory, and they should secure workers' compensation insurance if there are employees. Even businesses that rent their buildings need to insure the space so that, in the event of a fire, flood or other disaster, the contents of...
The paper seeks to assess the effect of changes in commercial property prices on bank behavior and performance in a range of industrialized economies, extending the existing micro literature on bank performance. The results suggest that, consistent with macro-level studies, commercial property prices have a marked impact on the behavior...
One aspect of liquidity is the process by which transactions occur including both how properties are selected for sale and the time taken to transact. The paper analyses data from three organizations; a property company, a major financial institution and an asset management company, formally a major public sector pension...
This paper examines the ways in which human subjective judgment impacts on the process of real estate market forecast production and the consequent effects on outcomes. In so doing, the research draws upon concepts both from cognitive psychology and from principal-agent theory that emphasize the potential of biases and incentives...
In a perfect world, everyone has great credit, golden tax returns and enough capital to personally fund their next acquisition. Unfortunately, about 90% of us do not live in that world. The fact is many of us will not qualify through traditional banks. So, what is the alternative? Welcome all...
Motivated by the frequently observed link between commercial property price volatility and banking crises, this paper investigates at a macroeconomic level the determination of commercial property prices and the interaction between commercial property prices and bank lending. It develops a reduced-form theoretical model which suggests bank lending is closely related...
This paper develops a quantitative framework for analysis of the UK commercial property sector and the possible implications for the financial stability of this sector, and for the corporate sector as a whole. There is little previous empirical literature. But where there is, models have either studied particular markets or...
There has been a dramatic increase in vacancy rates and a decrease in the rental rates prospective tenants are willing to pay. Therefore, there has been a substantial diminution in the value of many commercial properties. Many owners of commercial property have requested a reduction in the assessed values of...
The purpose of this report is to review recent developments in residential and commercial property insurance markets in the U.S. There are numerous media accounts of rising prices and greater difficulty in obtaining homeowners insurance coverage. Commercial property insurance markets have experienced similar problems, with the added complication of coverage...