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Top real estate news stories... |
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Study: Costs Linked To Proposed Lease Accounting Changes Could Harm Economy, CRE Values |
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Real estate businesses and property values could be adversely affected by the new accounting standards -- and the cost of complying with them -- according to a report backed by a coalition of real estate and business groups.
As international rule makers prepare to release another draft of proposed accounting changes that would require companies to capitalize real estate and equipment leases, a report warns that current proposals would impose huge... |
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Social Media in CRE No Longer Just for Socializing |
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Commercial real estate brokers and companies are slowly shrugging off their aversions to social media platforms and are engaging more frequently in online marketing, information gathering and client building.
While late to the social networking scene and still in a fledgling state of using websites such as LinkedIn, Facebook and Twitter, many in the CRE industry have started trying to harness their reach in hopes that one day it will lead to deals... |
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Retail Market Purges Fear of Double Dip |
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Retail properties went through a see-saw swing last year with strong leasing during the first half of the year surging upward only to deflate later in the year as several economic shocks threatened to derail the economic recovery. However, the industry is starting to regain some momentum as 2012 progresses, according to new retail outlooks from Marcus & Millichap, Savills US and Colliers International retail groups.
With retail sales now exceeding... |
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W.P. Carey Converting to a Public REIT |
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Investment firm W.P. Carey & Co. LLC (NYSE:WPC) plans to convert into a publicly traded real estate investment trust (REIT) and, in doing so, will acquire its non-traded REIT affiliate, Corporate Property Associates 15 Inc.
The firm said it expects the change in structure will help increase its market share and improve access to capital. The transaction values CPA 15 at $2.6 billion, including the assumption of debt of $1.2 billion, as of Dec.... |
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Equity Residential Raises Bid In Latest Move For Archstone |
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The high-stakes match for control of Archstone continues, with Equity Residential (NYSE: EQR) making |
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