Contributors of the Magazine of the Urban Land Institute, Peter Burley and David Lynn, published an article earlier this year about the potential trends for 2015 commercial real estate based on trajectories from the entirety of 2014. Though there are many variables that determine trends of commercial real estate for the United States, here is […]
Foreign Capital Trends in Commercial Real Estate
The United States’ commercial real estate market foreign capital income has been significantly increasing lately. In a recent article written by Brian Ward from the National Real Estate Investor’s online data page, the company has been making note on long-term factors that impact the U.S.’s real estate market as the economy shifts into a recovery […]
Sears’ Selling Strategy
In recent news, Sears Holdings Corps has been selling a portion of its top properties to real-estate trust, Hoffman Estates, and then leasing them back. According to an article written by Angela Chen, published in the Wall Street Journal, this is “a financial step that will let shareholders including Chief Executive Edward S. Lampert buy […]
How to Win Commercial Lease Negotiations
Winning commercial lease negotiations should not be based on how many years of experience you have with winning leases. The truth is that if you have the right skills you will be able to execute a great lease strategy and come out on top. Here are a few things to keep in mind when it […]
Two Incredible Advances in Green Construction
As the effects of the Great Recession on economic confidence begin to wane, construction projects are on the rise. One of the most exciting elements of these new real estate developments is their usage of some of the newest green construction techniques in commercial real estate. Not only do these features provide environmental benefits like […]
Willis Tower to Be Sold
According to a recent article in the Wall Street Journal, Chicago’s iconic skyscraper formerly known as the Sears Tower has been sold for the second time in 11 years. The Deal to Buy the Willis Tower At $1.3 billion, 233 South Wacker LLC, the group that currently owns the tower, will be turning a profit […]
Home Prices Continue Steady Rise
A recent Boston.com article gives a brief and clear portrait of home prices in the U.S. The article focuses on recent reports that home prices are steadily rising. Based on statistics from June 2013, home prices since June 2012 have risen almost 12 percent. This is an encouraging number for the housing market as a […]
New York Times Profiles Brooklyn’s Clinton Hill Neighborhood
The oldest real estate cliche in the book is, of course, “location, location, location.” That’s just what this New York Times piece on the burgeoning Clinton Hill neighborhood of Brooklyn is all about. I’m Gary Richetelli, long time realtor and property management expert, and this is my take on what the NYT had to say […]