News about properties and real estate
Kuhn’s Woes Threaten Revitalization Plans [Central Florida] Cameron Kuhn, who has emerged in recent years as a major developer in downtown Orlando and Jacksonville, Fla., is under siege on numerous fronts, raising questions about the revitalizations of these two city centers. Late last year, Mr. Kuhn defaulted on about $31 million in loans on land …
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Real Estate Transactions for Non-Profits Can Be Daunting The sale of a church building is not like other commercial transactions. “Although we have to follow the same legal guidelines and regulations as any commercial property for office or industrial use, non-profits also have to have IRS approval. They have to have their 501(c)(3) documentation. The …
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CEO Survey on Sustainability Reveals Focus on Corporate Real Estate A new global survey of 1,254 senior business executives, including more than 300 CEOs, shows that energy efficiency plays a central role in corporate sustainability efforts — a finding that has implications for how companies manage their real estate. Fifty-two percent of all respondents named …
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American Apparel sees real estate opportunity American Apparel Inc Chief Executive Dov Charney said on Wednesday he saw opportunity in retail real estate for the fast-growing company, given the struggles of many rivals amid the economic downturn. “There’s a lot of real estate out there now because a lot of retailers are struggling,” Charney said, …
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Slowdown expected in ’08 [Indianapolis Area] Commercial real estate in the Indianapolis area is a riskier bet in 2008 than it has been for many years. A national lending crisis has nearly ended the flow of out-of-state investment capital to the sector. With the money spigot turned off, at least for now, developers locally will …
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The Other Real Estate Crisis: Are ghost malls going to haunt the economy? So far, America’s real-estate agony has been confined largely to the vast residential sector. Commercial (office buildings) and retail (malls, strip malls, big boxes) real estate have held up rather well, even though those markets were propelled by the same factors that …
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