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Rising interest rates are having a direct impact on investors' purchasing decisions, but the single-tenant net-leased market has always been the place to find high-quality, low-management investment real estate, HIG's Jeremy McChesney tells GlobeSt.com.
“For the last two years, we've been carefully designing a plan to transform this prime commercial property into a place where locals can meet, eat and shop,” Advance Realty founder and CEO Peter Cocoziello says.
The new tax would increase the income tax rate on the city's highest earners (an estimated 32,000 New York City tax filers) by 0.534%, from 3.876% to 4.41%, on taxable incomes above $500,000 for individuals and above $1 million for couples.
In fiscal 2016, the BCEC hosted 136 events that were attended by 515,000 people that generated demand for an estimated 370,00 hotel room nights in the area and an impact of approximately $400 million in economic activity, according to the RFP.
Service-enriched housing programs are critical to affordable housing in Sacramento, says Flynann Janisse, executive director of Rainbow Housing Assistance Program, in this <b>EXCLUSIVE</b>.
The multifamily deal volume is dropping nationwide, and while L.A. is trending above the nation, it is down 20% year-over-year, GlobeSt.com reports in this EXCLUSIVE story.
The uptick in interest rates, albeit small, at the beginning of this year is swinging the pendulum back more in favor of cash buyers, but there's more, ATTOM Data Solutions' Daren Blomquist tells GlobeSt.com.
The HUD LEAN program required a partnership with a governmental entity that became the technical operator of the property and holder of the bed licenses, requiring involvement of the hospital district board.
An increase in demand for apartments in Houston's energy-centric areas–including the Energy Corridor–is being driven by an increase in jobs and a shrinking pipeline of new apartment construction, says Wolff.