From 2004 to 2006 the U.S. Lodging industry experienced the strongest revpar growth in 22 years. One chain scale that has continued to sustain record-breaking success is the category labeled “midscale without food and beverage.” These properties represent 8,096 hotels with 705,305 guestrooms or 16.6 percent of the total U.S. room supply. Through May 2007,…
Most people who want to invest in real estate start off with single family residential properties. They do this because they are more familiar with residential property, and the thought of owning commercial property is scary to the new investor. I know investors who own multiple single family residences. However, because of the high maintenance…
The second quarter of 2007 ended with total available inventory stable as predicted. However, the choices for products under 10,000 sf have increased. This is attributed to the addition of new development in the area as well as existing space being vacated. The preferred space seems to be Class A with 1000 sf of office…
Improving fundamentals across all property types is drawing a greater amount of investors to value-added assets. While there are still investors focusing on acquiring stable, well-leased assets, others have shifted their attention to buying value-added properties that offer income and value appreciation and higher returns through retenanting, repositioning, and/or the releasing of available space. It…
As the summer sun blazes and temperatures soar, finding ways to stay cool becomes a top priority. While escaping to air-conditioned indoors might seem like the best option, plenty of outdoor activities can help you beat the heat while still enjoying the beautiful weather. From water-based adventures to shaded retreats and evening excursions, here are…
A 1031 Tax Exchange allows you to defer taxes on the sale of a property. It will allow you to have more money to invest in another real estate transaction. You are actually using the money from the sale toward a purchase instead of paying it to the government in taxes. This relates to a…
In our last article, we stated that we thought the housing market slump would continue through year end and start to stabilize in early 2008. Unfortunately, there has not been any news that changes our belief. Some of the recent statistics indicate that we may still be too optimistic. The Commerce Department reported on August 16…
A roof is more than just a protective cover over your head; it’s a crucial component of your home’s structure that shields you and your belongings from the elements. However, roofs wear down over time, and the importance of replacing an aging or damaged roof cannot be overstated. Here’s why getting a new roof is…
While the weather outdoors may not be frightful knowing how to spruce up your home’s curb appeal still remains important during the rainy and sometimes cold Southern winter. Below are suggestions from HGTV which will help you capture the interest of buyers this winter. If you’re trying to sell your home during the holiday months,…
Bank Owned . . . sound familiar? In today’s world of commercial real estate, most of us are now all too familiar with such terms as “REO” (Real Estate Owned) or “OREO” (Other Real Estate Owned) or “CREO” (Commercial Real Estate Owned). It is far more normal in the current market to see bank owned…
