There has been a lot of ink spilled regarding the significance of this sea-change in housing. Often overlooked, though, is the effect this construction boom will have on property taxes in the multifamily sector in general.
Bigger players are swallowing up smaller competitors in the rapidly-evolving single-family rental industry. Louisiana led all U.S. states in the value of industrial construction projects during 2013. Chipotle is now the most popular brand among teenage males. The Empire State Building’s managers won dismissal of lawsuits claiming they deprived thousands of early investors of as much as $410 million in profit when the iconic New York skyscraper was taken public. These are among today’s 10 must reads from around the commercial real estate industry....More
A recent legal change in Indiana has created a model for property tax reform across the country. Starting in 2011, the Hoosier State has compelled assessing officials to defend excessive assessment increases with objective evidence and meaningful arguments in appeals....More
There has been a lot of ink spilled regarding the significance of this sea-change in housing. Often overlooked, though, is the effect this construction boom will have on property taxes in the multifamily sector in general....More
There is no question that the shrinking supply of affordable housing is at odds against what continues to be overwhelming demand. Industry estimates show an affordable housing market that is significantly under-supplied by 10 million to 20 million units nationally....More
Inman.com looks at how real estate trusts save millions on taxes. Lawmakers are exploring the success of Fannie and Freddie’s multifamily lending platform as a model for privatizing the giants. Matthew Heslin explores the opportunities in the retail real estate sector in a Viewpoint for NREI. The Wall Street Journal profiles New York’s Rudin family and their commercial real estate empire. These are all among today’s must reads for the commercial real estate sector....More
Institutional capital has been pouring into the commercial real estate sector recently, helping push investment sales volumes up each year since the downturn. But it’s another pool of capital—funds from high net worth individuals and family offices—that may drive the next wave of investment....More
A healthcare REIT CEO explaining why Obamacare is good for the sector; a look at how real estate ETFs are outperforming the broader market; speculation over where the next big sale/leaseback deal may come from; a major New York office building coming on the market; and an explanation of how new IRS rules are gumming up real estate transactions are among 10 must reads from around the commercial real estate industry today....More