Making a splash in Las Vegas is no easy task. With erupting volcanoes, dueling pirates and now the entire city of New York splayed out along the city's famous Strip, it takes a really big statement to get noticed. When FAO Schwarz decided to open...

Although the likelihood of a tenant's premises or a shopping center being destroyed by fire, hurricane, earthquake or other casualty may seem minimal (and indeed, even in areas of the country that seem more susceptible to earthquakes and...

NREI presents the Top 100 Pension Fund Managers as ranked by Nelson Information Inc., Port Chester, N.Y., based on real estate assets managed as of July 23, 1997. Combined, these 100 firms manage $241.5 billion out of the total $256.6 billion of...

Almost without exception, shopping center leases contain subordination provisions stating that the rights of the tenants under the leases will be subject to the rights of any lender whose mortgage affects the shopping center. However, the tenant...

Although small tenants often do not think of themselves as having much leverage in a lease negotiation with a landlord, there can often be situations, particularly in the context of a strip center, where a landlord may be highly motivated to lease...

Ordinary and necessary business expenses that neither materially add to the value of property nor appreciably prolong its life, but merely keep it in an ordinarily efficient working condition, may be deducted currently.Ronald A. Morris and Elliot...

Though REITs have consistently grabbed the headlines, the nation's insurance companies are keeping stride. Editor's Note: Sometimes in this burgeoning commercial real estate recovery it's easy to overlook the role that insurance companies play in...