Commercial

The following companies announced personnel moves this week: Steven Scott Mgmt, Lantian Development, Arlington Street Investments, Cushman & Wakefield, DDR, HCP, Blau & Berg, Avison Young, Capstone Commerical, Transwestern, Colliers Int’l, Duke Realty, Thalhimer, CBRE, Bayer Properties, HFF, Urban Innovations, Principle Construction, Madison Realty Capital, Meringoff Properties, Kamber Mgmt, SRS, LPC, 29SC, Capital Square 1031, and NGKF.

Qatar’s Latest US Investment Gives Santa Monica-Based REIT Value-Add Opportunity, Majority Share in Robust Brentwood Office Submarket

The Commercial Innovation Grant Program assists REALTOR® associations with funding to help local and state associations launch new or make innovative enhancements to commercial services.

To apply, download and complete the Commercial Innovation Grant Application (.DOC, 35KB). If you have any questions during the application process, please contact Shara Varner at 312-329-8282 or via email at svarner@realtors.org.

Key Dates for the second cycle of 2016 Commercial Innovation Grant Applications:

• June 1st: Application period opened
• July 31st: All application materials due
• August 31st: Grant ...

The REALTORS® Commercial Real Estate Market Trends measures quarterly activity in the commercial real estate markets, as reported in a national survey. The survey collects data from REALTORS® engaged in commercial real estate transactions. The survey is designed to provide an overview of market performance, sales and leasing transactions, along with information on current economic challenges and future expectations.

Survey Highlights

• 58% of REALTORS® closed a commercial sale.
• Sales volume totaled $51.6 billion
• Sales volume rose 8.5% from a year ago.
• Sales prices increased 5.1% ...

Good news for the U.S. commercial real estate industry: The Protecting American Taxpayers from Tax Hikes (PATH) Act includes two very positive FIRPTA provisions that are conservatively estimated to boost foreign investment in U.S. commercial real estate by $20-$30 billion per year.

However, as part of a package of tax changes to “pay for” the two provisions, Congress also included an increase in the FIRPTA withholding rate from 10 percent to 15 percent. It should be noted that residences purchased from ...

Welcome to this special edition of Commercial Connections, with highlights from the commercial perspective and activities during the REALTORS® Legislative Meetings & Trade Expo. While it’s a condensed glimpse of what happened during the week, the important conversations had by your commercial real estate colleagues involved at the national level has great importance and long-lasting impact. Thanks to the many members and staff who contributed photos and quotes used in this publication.

We encourage you to dig deeper, attend future meetings ...