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ST. LOUIS—ElmTree Funds recently closed on this net lease private equity fund, and says it will eventually acquire a billion dollars of net lease assets.
CHICAGO—The company's renovation of 55 E. Monroe has had a lot of successes recently, including the selling of hundreds of condos, and the office space is approaching 90% occupied.
SPRINGFIELD, NJ—Understanding the key valuation ratios plays a critical role in determining when a property tax assessment should be appealed, Springfield attorney Daniel Kanoff tells GlobeSt.com exclusively. In the second part of a two-part Q&A, Kanoff describes how tax appeal attorneys calculate the “upper limit value” for a property to decide whether the tax assessment is reasonable.
SPRINGFIELD, NJ—New Jersey commercial property owners and investors need to keep close tabs on local property tax assessments to ensure that their properties are fairly valued, or they may be overpaying taxes, warns a New Jersey attorney specializing in property tax appeals.
TRUCKEE, CA—The impact of moderating home price growth will be felt in many areas, notably consumer confidence, Clear Capital's Alex Villacorta tells GlobeSt.com.
ATLANTIC CITY, NJ—The closing this weekend of the Showboat and Revel casinos and the impending closing of Trump Plaza will result in the loss of nearly 6,000 jobs here and cause unprecedented short-term economic hardship.
MORRIS TOWNSHIP, NJ—Rockefeller Group Development Corp.'s mixed-use plan to redevelop the Honeywell campus secured a key approval late last week that will allow the developer to move forward with site plan approval.