SRS Real Estate Partners Acquires Meridian Retail Group
SRS Real Estate Partners has acquired Tampa-based full service commercial real estate firm Meridian Retail Group.
Study Reveals United Real Estate Pays Agents More Commission Than Any Other National Brokerage
/PRNewswire/ — Research released this week unveiled that United Real Estate (United) pays its agents more than any other national brokerage – 96% of total…
REAL ESTATE
NAI Columbia’s Ben Kelly, CCIM, Patrick Chambers, and Jack Springs leased 2,000 SF of retail space located at 6908 Two Notch Road in Northeast Columbia and sold 465 Industrial Drive in Lexington. The property is 18,785 SF industrial property. NAI Columbia’s Patrick Palmer, CCIM and Bobby Balboni, CCIM leased 1,500 SF of retail space
Do Ya Think This Home Is Sexy? Rod Stewart Is Selling His Beverly Hills Estate for $70M
The music icon has listed his enormous, European-style chateau for a staggering price. Here are all the luxurious details.
Intracorp, HAL Real Estate Buy Vacant Office Building in Bellevue, Washington for $18M
BELLEVUE, WASH. — A Intracorp and equity partner HAL Real Estate have purchased a site that houses a vacant, 60,423-square-foot office building in Bellevue for $18 million. The site is located at 3190 160th Ave. SE in the Eastgate neighborhood. The building was constructed in 1982 and was previously leased to Washington Department of Ecology for several decades. Official plans for the site have not yet been announced, but the buyer may execute shorter-term leases at the existing office building until a redevelopment strategy is finalized. Pat Mutzel of Cushman & Wakefield’s Private Capital Group, in collaboration with Jeffrey Cole, Jeff Chiate, Bryce Aberg, Mike Adey, Nico Napolitano and Zach Harman of the firm’s West Coast Capital Markets Group, represented the seller, a private, high-net-worth investment group. Mutzel also advised the sale of the property in December 2019 for a price of $16.3 million.
Nevada lawmakers approve bill to close real estate tax loophole
Gov. Joe Lombardo has bill to close transfer tax loophole after legislature passed it
Master the world of real estate with this investment bundle
In a late-May article, Forbes cited the National Association of Homebuilders when pointing to an uptick in builder sentiment, a positive sign for those looking to tap into real estate.
Artificial intelligence taking a more visible role in homebuying process
Zillow, the country’s largest real estate portal, began offering “natural language” searches on its mobile app to bring up more precise results.
These 5 home upgrades are the secrets to a better sale price
Sure, it’s a seller’s market, but that doesn’t mean homesellers shouldn’t go the extra mile before listing. It could even help start a bidding war.
Empty Offices Increase Risks for Banks Lending to Commercial Real Estate
Banks that loaned money for commercial real estate ventures may be feeling the pinch as many office and business spaces continue to sit vacant in the wake of COVID-19. According to recent reports, commercial real estate loans are seeing increases in delinquencies on payments—the latest in a string of bad news for the financial sector that includes bank failures, inflation, and rising interest rates.