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BIZDEV
SEMINAR: GOOGLE+ - GROWTH, VALUE AND CLEARING UP THE CONFUSION
Tuesday, July 9, 2013
8:45 am - 10:30 am
801 2nd Ave, 2nd Floor | Seattle
Presented
by Matt Cail, Founder of Super Charge Marketing
Google+ is now #2 in social media behind Facebook and yet the value for Google+
and business have been slower to develop. Get the latest scoop on how to take
advantage of Google+, as well as clear up the confusion between Google's
various page products.
RealShare
Orange County
DATE:
August 22, 2013
TIME: 02:00PM - 07:30:00PM
LOCATION: Hyatt Regency Irvine
THE
7 BEST PERFORMING LEAD GENERATION TACTICS
Tuesday, July 16, 2013
11:00 am - 1:00 pm
801 2nd Ave, 2nd Floor | Seattle
Presented
by Dave Scott, Author of "The New Rules of Lead Generation"
This session explores the seven most popular lead generation techniques. We
look at 3 offline tactics - direct mail, cold calling, trade shows - and
compare them to 4 emerging digital tactics - search engine marketing, display,
email, and social media. Which tactic is best for your business? Which tactic
doesn't make sense? We'll explore how to test each tactic and how to integrate
them into a cohesive marketing platform.
RealShare
Apartments 2013
DATE:
October
24, 2013
TIME:
07:00 AM
- 6:00 PM
LOCATION:
Los
Angeles 404 S Figueroa Street Los Angeles, CA 90071
China's leading luxury property Show, LPS
Shanghai 2013 (www.lps-china.com) will once again present luxury properties
from all over the world to China's elite.
To
be held on
December 6-8, 2013, at the prestigious JC Mandarin
Shanghai, the 6th consecutive edition of LPS will feature:
• A 3-day event entirely dedicated to
international high-end properties
• Over 80 real estate exhibitors from
over 20 countries
• Over 5,000 VIP buyers anticipated
• An exclusive event in the heart of
downtown Shanghai
• A glamorous environment in a
luxurious exhibition venue
• Over 100 media & show partners
• Series of over 20 seminars &
forums, as well as many upscale events (Gala cocktail, VIP Grand Opening
reception, VIP cocktails, etc.)
Sponsored
by Lamborghini, Interior Design and Beneteau Yachts, LPS Shanghai 2013 will
welcome the world’s leading real estate brokers & developers.
The
Show is already over 50% sold out, so please contact us now if you are
interested to book an exhibition stand.
RealShare
NEW JERSEY – September 17
TIME:
07:30AM - 12:45PM
LOCATION: Hyatt Regency New Brunswick
Join
us on September 17, as more than 300 commercial real estate decision makers —
comprised of the Garden State's leading owners, lenders, investors, developers,
and brokers - convene to hear industry experts tackle these critical topics
Local
Silver
Cloud buys Opus Bank site in downtown Bellevue
Records
show that Silver Cloud Inns & Hotels paid $7.1 million Tuesday for a
downtown Bellevue property at 200 108th Ave. N.E., where an Opus Bank branch
currently operates.
Trammell
Crow Co. proposes downtown Bellevue office tower
Commercial
real estate company Trammell Crow has a contract to buy a downtown Bellevue
property where it’s planning a 19-story office project.
Las
Margaritas site in Bellevue sells for record price
A
site just west of the transit center in downtown Bellevue that is ripe for
redevelopment finally sold Monday for a record price.
Home
bidding wars ease in May in Seattle, U.S.
The
percentage of competitive bids for residential real estate eased a bit in May
in both Seattle and the United States.
Rail
Lines Bring Housing Clashes
SEATTLE—When
the Central Link light-rail line opened here four years ago, city officials
were hoping it would spur economic development in the working-class
neighborhood of Rainier Valley.
Legacy
Partners Residential has an option to buy a prominent corner property in
downtown Bellevue, and is studying whether to build an apartment tower there.
The
Kitsap Mall in Silverdale has been sold for an undisclosed price…….
FEDERAL
WAY, WA-Locally based Weyerhaeuser Co. revealed that it would explore
“strategic alternatives with respect to Weyerhaeuser Real Estate Co.,”
Weyerhaeuser's homebuilding and real estate development business.
Weyerhaeuser
Co. WY -0.87%announced plans to greatly expand its forest holdings and
potentially divest itself of a big homebuilding unit, in moves that seem aimed
at focusing the company around its core timber business.
It’s
been a long haul for the real estate markets of the world since the crash of
2008.
The
saga of a prominent octogenarian Seattle real-estate developer who fled the
U.S. in 2011 when a bankruptcy court was attempting to seize his assets appears
to have reached a final chapter: retirement in France.
A
Seattle-based ownership group on Friday purchased the shuttered Semiahmoo
Resort and its still-open golf courses in Blaine for $19.5 million, the group
announced.
SAN JOSE, CA-While
the talk at Santana Row these days is all about its new resort style
residential community, GlobeSt.com was out—with VIP guest Vernon Davis of the
San Francisco 49ers—to celebrate the retail at the mixed-use property.
NEW YORK CITY—The
48-story office tower is expected to bring owner Boston Properties more than $1
billion, Bloomberg reported Wednesday.
One of New York's
most prolific developers is opening a 34-story skyscraper in Manhattan's
Diamond District this week, hoping to change the face of the storied
neighborhood with security technology reminiscent of "Mission:
Impossible."
The opening this week
of Detroit's first Whole Foods Market WFM -1.41%is a welcome bright moment for
a city that is in dire financial straits. The opening of the upscale
grocery-store chain also marks the end of a 15-year effort to develop the
property, showing how difficult it remains to complete relatively small
real-estate projects in Detroit, even in well-regarded neighborhoods.
The office market is
seeing a flurry of high-priced skyscraper sales, as cheap debt and the hunt for
yield lead investors to pile money into tall towers, particularly in New York.
A hotel company owned
by Texas billionaire Robert Rowling is making a big bet on the continued
recovery of the vacation and corporate-meetings business by buying five
high-profile resorts in California, Texas and Virginia.
Carlyle Group, CG
-0.47%coming off a series of recent high-profile sales, is preparing to launch
a multi-billion dollar real-estate fund, say people familiar with the matter.
BISMARCK,
ND—Thousands of oil and natural gas workers have begun flowing into North
Dakota to help exploit the vast underground shale formations through the
technique of hydraulic fracturing
Dissident shareholder
OTK Associates gained control of Morgans Hotel Group Corp.'s MHGC -1.40%board
Friday, likely reducing the chances the trendy hotel operator will sell itself.
One of America's most
recognizable bricks-and-mortar retailers will swap out clothes racks for server
racks if a new strategy by Sears Holdings Corp. (Nasdaq: SHLD) pans out.
Nearly a decade after
a fiscal crisis earned the city of San Diego the tagline "Enron by the
Sea," America's eighth-largest city has yet to shake the nickname—or the
budget woes.
Sometimes you have to
spend money to save money.
That is what some
federal government officials are saying as they move workers into a new $863.1
million manufacturing complex built using a rare lease deal with a private
venture.
Asian investors are
pumping money into U.S. commercial real estate at a record pace, pushing
real-estate values higher and helping get stalled projects off the ground.
The saga of Chicago's
John Hancock Center has taken another turn, with a group buying a chunk of the
property for a low price of about $140 million, according to a person familiar
with the deal.
The latest developer
betting on the luxury condominium market is Texan Ross Perot Jr. But he isn't
building in his company's relatively inexpensive hometown of Dallas. He is
angling to be a big player in San Francisco, one of the nation's most difficult
cities in which to build.
Donald
Trump, who first found fame as a real-estate developer, has put his name on
mens' fragrance, mattresses and neckties in recent years. But there is one type
of product he hasn't licensed his name to since the beginning of the financial
downturn: a U.S. building.
WARSAW—City
officials in Poland's capital say they are getting closer to breaking the curse
of Parade Square…….
Foreign
property investors are returning to Poland, a country whose highflying
real-estate market became a symbol of overexuberance during the boom years.
WARSAW—French
luxury-goods maker Louis Vuitton's planned store opening here later this month
is a striking example of how far Poland's retailers have come in the 20 years
since fake brands were sold in giant flea markets.
SHANGHAI—
Larry Silverstein, a real-estate developer best known for his role in
rebuilding New York's World Trade Center, is close to moving forward with his
first major project in China despite the mixed track record of foreign
developers there.
BRUSSELS-CBRE
has acquired complete ownership of Sogesmaint-CBRE, a company that has been
managing properties in Belgium and Luxembourg for 40 years. CBRE has held a
minority interest in the company since 2006.
Russia
has become a nation of homeowners, thanks to the mass privatization that
followed the fall of communism and new development in the ensuing years. But
one key sector of the housing market has been neglected: rentals.
MADRID—Spanish
house prices fell at their fastest quarterly pace on record at the start of
this year, raising concerns that the country's embattled banking sector may
need more capital despite a recent bailout.
FRANKFURT
and DUSSELDORF, GERMANY-FirstService Corp. subsidiary Colliers International
has acquired controlling interests in Colliers Schon and Lopez Schmitt GmbH
("Colliers Frankfurt") and Trombello Kolbel Immobilienconsulting GmbH
("Colliers Dusseldorf"), market leaders in Frankfurt and Dusseldorf.
BEIJING—Chinese
property conglomerate Dalian Wanda Group plans to expand its luxury real-estate
and hotel business overseas, as it builds the world's first Chinese luxury
hotel outside of China's mainland to cater to the country's booming outbound
travel market.
Europe
(Reuters)
- Qatar is in talks to buy some or all of Milan's newly built Porta Nuova
business district as Italy's economic crisis squeezes its U.S. developer,
several sources have told Reuters.
One-third
of the $8.5 billion invested by Kennedy Wilson since 2010 has gone to debt and
properties in Ireland, said William McMorrow, Kennedy Wilson chairman and CEO
of real estate, at the Milken Institute Global Conference in Beverly Hills,
Calif.
ATHENS
— Not long ago Leonidas Hamodrakas, a lawyer in Athens, decided to pay closer
attention to his family’s land holdings — some fields, a scattering of
buildings and a massive stone tower — in Mani, a rural region in southern
Greece.
Latin America
By
Ms. Luciana Bassani
Partner,
Dannermann, Siemsen Bigler & Ipanema Moreira
Along
with corporations, limited liability companies (LLCs) are the most common form
of corporate entity in Brazil. LLCs are governed by the Civil Code and may be
supplementarily governed by the Corporations Law. An LLC's capital is divided
into quotas, representing its equity.
SCT
Newswire
Mexico
expects to see strong investment in its retail and shopping-center industry.
Its trade group in this space recently raised its expected investment estimate
by $32 million this year, to $4 billion. If that investment materializes, it
will be $400 million more than 2012's investment.
By
Samindra Kuntri
The
Rio Times
The Cidade
Maravilhosa is already home to one of the world's richest real estate markets,
and the sector keeps growing as, according to some reports, comparatively more
units were sold in the first quarter of 2013. Amid fears of a bubble in the
property market, price rates have however gradually stabilized, for the moment.
By
Armando Tovar
After
a quiet two-year incubation period, domestic and foreign investors are piling
into Mexican real estate investment trusts, which are strongly outperforming
the wider stock market.
The
trusts, known as fibras, are similar to REITs (real estate investment trusts)
and issue certificates that function much like shares on the bourse.
By
Christiana Sciaudone
Investors
in builders from PDG (PDGR3) Realty SA to Brookfield Incorporacoes SA (BISA3)
are swapping their shares for real estate investment funds as developers
struggle under mounting debt from cost overruns and delays.
MultiFamily
Two
big owners of Sunbelt region rental apartments announced they will merge in a
deal valued at more than $2 billion and form the nation's second largest
publicly traded multifamily landlord.
LOS
ANGELES-The first phase of transforming the former Linda Vista Community
Hospital into low-income senior citizens housing has been completed.
RIVERSIDE,
CA-The Paseos at Magnolia, a smoke-free, 168-unit luxury complex is now
pre-leasing.
POMONA,
CA-A mixed-use, 173,000-square-foot graduate student housing project is
underway here, with anticipated completion by the third quarter of next year.
ANN
ARBOR, MI—The historically low interest rates have caused the pace of HUD
financings to accelerate in Michigan, and two multifamily properties run by
McKinley Inc., are just the latest to lock-in those interest rates for years to
come.
ORLANDO—An
out-of-state investor just snapped up Oak Reserve at Winter Park, a 142-unit
multifamily community in an affluent Central Florida city.
MIAMI—Once
again, a foreign buyer snapped up a South Beach multifamily asset. Get all the
details.
FORT
MYERS, FL—Seville Apartments is a 1980s vintage, class B-plus garden apartment
community on 5.8 acres of land in Fort Myers, FL. Find out why it fetched
near-record pricing.
NEW
HAVEN, CT-Developer Live Work Learn Play wants to build more than 500
apartments and office space on the former Coliseum site here.
WASHINGTON,
DC-Fannie Mae just priced its sixth Multifamily DUS REMIC for $1.02 billion. In
many ways, the transaction, done under the GSE's Guaranteed Multifamily
Structures program, was business as usual, says Josh Seiff, Fannie Mae Director
of Multifamily Capital Markets.
COSTA
MESA, CA-CT Realty Investors and WLCM have sold three apartment communities
located within a mile of each other here for $13.6 million.
ATLANTA—A
nine-property Atlanta multifamily portfolio has traded hands for $49 million.
The properties are located north of Buckhead on Buford Highway, and are flanked
by Brookhaven and Druid Hills.
SCOTTSDALE,
AZ- Equity Residential Trust has continued its area sell-off, disposing of the
168-unit Scottsdale Meadows for $20.6 million.
DISTRESSED
American
International Group Inc. AIG -0.43%argued at a New York court hearing Tuesday
that an $8.5 billion settlement between Bank of America Corp. BAC -1.51%and
investors over mortgage-backed-securities losses is "inadequate" and
the result of a conflicted process.
IRVINE,
CA-Several Western markets have seen foreclosure starts increase dramatically
despite nationwide defaults being down 28% over May 2012, reports RealtyTrac, a
locally based online source of real estate and foreclosure data.
IRVINE,
CA-Auction.com has completed its fourth incidence of reaching $100 million in
sales in one day. On May 30, the locally based online real estate marketplace
successfully auctioned 49 commercial real estate properties across 24 states
for more than $133 million.
SAN
DIEGO-While the picture is brightening, we’re still not out of the woods when
it comes to troubled assets, Bliss Morris, founder and CEO of First Financial
Network, tells GlobeSt.com. Morris is a scheduled panelist at the session
“Opportunities in Troubled Assets and Bank Notes” to be presented next Tuesday,
June 18, during RealShare Investment & Finance here.
IRVINE,
CA-REO activity in the residential market increased in May from the previous
month in 33 states including western states Oregon and Colorado, reports
RealtyTrac, a locally based online resource for real estate and foreclosure
data.
DALLAS—Distress
game behemoth Lone Star Funds is now gearing up to raise a new fund, this time
with a target of $6 billion.
The Internal Revenue Service is stepping up
its scrutiny of companies that are looking to avoid some corporate taxes by
converting their operations into real-estate investment trusts.
The Internal Revenue Service has raised the
yellow caution flag delaying the efforts of three firms racing to convert to
real estate investment trusts.
Is the stodgy real-estate investment trust
business ready for a strip-club REIT?
That is about to be tested by Rick's Cabaret
International Inc., RICK +0.47%a Houston-based operator of
37 adult-entertainment clubs and bars.
As the hotel investment market has started
heating up, so too has the jockeying for control of two luxury hotel REITs:
Morgans Hotel Group Co. and Strategic Hotels & Resorts.
NEWPORT BEACH, CA-GlobeSt.com has learned
exclusively that American Healthcare Investors and Griffin Capital Corp.,
co-sponsors of Griffin-American Healthcare REIT II, have acquired 20
healthcare-related buildings for the REIT for an aggregate purchase price of
approximately $141.3 million
WASHINGTON, DC-The month was a loss, but the
first five months are up, according to NAREIT, with lodging and healthcare
leading the way.
KBS Strategic Opportunity REIT, Inc. acquired
the six-building Westmoor Center office portfolio at 10055-10385 Westmoor Dr.
in the submarket of Westminster, CO, between Denver and Boulder. CBRE Global
Investors sold the portfolio for $86 million, or about $140 per square foot.
NEWTON, MA-CommonWealth REIT on Friday urned
shareholders to take “no action” following a report by Institutional
Shareholder Services recommending that the locally based office REIT’s entire
board be voted out.
Shares of real-estate investment trusts have
been hammered in the past month as interest rates have risen, but few have been
hit as hard as companies that own properties leased to single tenants such as
fast-food restaurants and convenience stores
CHARLOTTESVILLE, VA-It’s a big nut to
swallow. More than half of all outstanding debt held by hotel REITs—52%, in
fact, just north of $16 billion—is set to come due between 2014 and 2016.
CHARLOTTE, NC—Find out why KBS is pursued a
class A deal in the Greensville region.
Downward Pressure Is Likely on
Prices and Demand; REIT Shares and Commercial Mortgage Bond Market Take a Hit
The Federal Housing
Administration's projected losses over 30 years could reach as high as $115
billion under a previously undisclosed "stress test" conducted last
year to determine how the agency would fare under an extremely severe economic
scenario, according to documents reviewed by a congressional committee.
Residential real-estate brokers
and agents—among the hardest hit during the housing bust—are seeing their compensation
rise at the fastest pace in nearly a decade as home sales and prices pick up.
One big issue is looming in the
background this week as hundreds of real-estate executives gather in Chicago
for an industry convention: rising interest rates.
Cities around the U.S. are
liberalizing their zoning codes to allow more basement apartments, backyard
cottages and the like. But many of the suburbs on New York's Long Island have
allowed add-on apartments for decades.
Mortgage rates will continue to
rise. They will probably be near 5 percent by this time next year, compared to
the 3.5 percent average of the past 12 months.
Are you finally off the fence and
doing a little home shopping? As the market heats up and sellers regain
control, here are a couple of trends to consider.
A surprise spike in mortgage
rates threatens to halt a refinancing boom that has delivered strong profits
for U.S. banks over the past two years.
Congress is gearing up to tackle
an issue that Washington has mostly ignored for nearly five years: What to do
with Fannie Mae FNMA +7.10%and Freddie Mac, FMCC +8.44%the bailed-out but
now-profitable mortgage companies.
The outbreak of bidding wars for
center-hall colonials, split-levels and ranches all over America is more than a
little reminiscent of the mid-2000s.
SAN DIEGO-Investor confidence is
at an all-time high, but some investors paying ever-higher prices for
commercial and residential properties may not be looking far enough ahead at
some of the potential danger signs, said speakers at today’s RealShare
Investment & Finance conference here.
SAN DIEGO-The return of
construction lending and a generally more positive attitude toward construction
are signs that point to a recovering market,
Asian investors are
pumping money into U.S. commercial real estate at a record pace, pushing
real-estate values higher and helping get stalled projects off the ground.
Downward Pressure Is Likely on
Prices and Demand; REIT Shares and Commercial Mortgage Bond Market Take a Hit
RE Blogs Education
By the time many of us retire we’ve become so
accustomed to owning a home, that the idea of renting one might never occur to
us.
IRVINE, CA-Buyers and sellers may be
suffering from a lack of broker cooperation, but this is beginning to change as
more data is being shared.
IRS
Grants 1031 Extensions for Disaster Victims
This year our country has been stricken with
a number of devastating natural disasters which have caused loss of life,
property and economic damage. From the heart breaking tornadoes in Oklahoma to
the record breaking floods in Illinois and Mississippi to the ravaging
wildfires in California, many states and communities have been hit shockingly
hard.
What does that mean for citizens in the affected areas who were participating in 1031 Exchanges at the time of the disasters? Based on the severity of a natural disaster, the IRS may extend 1031 Exchange deadline timeframes to accommodate natural disaster victims. Below are several links that give an overview of how IRS extensions generally work and recent specific notices from the IRS website:
What does that mean for citizens in the affected areas who were participating in 1031 Exchanges at the time of the disasters? Based on the severity of a natural disaster, the IRS may extend 1031 Exchange deadline timeframes to accommodate natural disaster victims. Below are several links that give an overview of how IRS extensions generally work and recent specific notices from the IRS website:
- Disaster Relief Deadline Extensions
- Tax Relief for Victims of Severe Storms, Straight-line
Winds and Flooding in Illinois
- IRS Gives Tax Relief To Oklahoma Tornado Victims
- Tax Relief for Victims of Severe Storms, Tornadoes and
Flooding in Mississippi
- IRS Website
SAN FRANCISCO-Continued support of commercial
real estate programs that provide both undergraduate and graduate-level
education and ongoing professional education for women is vitally important,
RE Videos and
Interactive
LAS VEGAS-Retail real estate development is
starting to improve, but in the Southern California market, it is tough to find
sites, says Arturo Sneider, CEO of Los Angeles-based Primestor Development. His
firm is a GlobeSt.com Thought Leader through the month of May. He spoke with us
in the Las Vegas Convention Center about:
•Retailer demand in the hunt for leasing
space.
•His
involvement with ICSC and how the Hispanic consumer is holding up.
•His
views of the overall retail real estate climate.
