Although the tenant-in-common (TIC) market continues to rake in a staggering amount of money, the industry finds itself in the throes of some major changes. Securitized TICs alone are responsible for raising $1 billion in equity per quarter during...
In light of the aggressive growth strategy of Hilton Hotels Corp., the observation could be made that the only place it's not planning to plant a flag may be the moon. The venerable hospitality chain just celebrated the opening of its 1,000th...
There has been a great deal of interest in recent years in providing off-campus rental housing for college students. Unlike the larger rental market, which is subject to economic swings, student housing is recession-resistant, and may well be...
A few years ago, Stanley Eichelbaum began experiencing a major case of déjà vu. Eichelbaum, president of Cincinnati-based property consulting firm Marketing Developments, Inc., watched uneasily as private-equity investors began to swarm over the...
The founder of Chicago-based tenant representation firm Equis Corp. says he will continue to run the company after he sells the business to Australia-based United Group Limited (ASX: UGL) for approximately $120 million later this year...
The Top Shopping Center Owners ranking was originally published in NREI's sister publication, Retail Traffic, in April. The listing is based on total retail GLA owned through Dec. 31, 2005, as reported by participating companies. In the case of...
Many state statutes recognize that a recent sale represents the best evidence of market value for real estate tax assessment purposes. Given the record number of real estate acquisitions over the past few years, assessors have accumulated evidence...
This is not your grandmother's Saks Fifth Avenue. For starters, it's 300,000 square feet, about triple the average size of an existing store. Then there's the line of revelers standing in line to press somebody else's flesh in the nightclub. Oh...
In a landmark case, a New York State trial judge recently ruled that a tenant who remained in commercial space after its lease expired is liable not only to the property owner, but also to the incoming tenant...