Real Estate Issues

Trade publication covering the real estate industry.

Articles from Vol. 25, No. 2, Summer

About the Counselors of Real Estate[tm]
The Counselors of Real Estate, established in 1953, is an international group of high profile professionals including members of prominent real estate, financial, legal and accounting firms as well as leaders of government and academia who provide...
CAVEAT EXCHANGER: "DEJA Vu ALL OVER AGAIN"
This article focuses on the risks a taxpayer takes when undertaking an exchange, with escrow, where the escrow party (intermediary) defaults. INTRODUCTION The author hopes that Yogi Berra [1] will indulge the incorporation of his cryptic one...
Editor's Statement
Richard Marchitelli The state of real estate counseling in Summer 2000 can be characterized as busy. A variety of factors have created a frenetic business environment. Paradoxically, however, there are signs of a lack of creativity in problem-solving...
Elusive Sources of Capital Forcing Corporations to Re-Focus on Benefits of Sale-Leaseback Financing
Uneasy stock market also propels investors toward sale-leaseback investments with triple-net (NNN) leases. For nearly four decades, "Turn concrete into cash," has been the heraldic cry of America's leading lessors of net-leased corporate property....
FOCUS ON REITs
TAKING REITs PRIVATE Talk of taking REITs private continues despite the recent rebound in equity REIT stocks. Many smaller REITs have been left out of the multiple expansion being enjoyed by their larger peers and continue to explore strategic alternatives....
Focus on the Economy
FROM SEA TO SHINING SEA If there is a canon of classic texts in our professional literature, Principles of Real Estate by Arthur M. Weimer and Homer Hoyt certainly has a place of honor on the bookshelf. Originally written in 1939, Principles was...
Focus on U.S. Lodging
REVPAR GROWTH PROJECTED TO EASE IN 2001 AND REBOUND IN 2002 PricewaterhouseCoopers has been providing 12-quarter econometric forecasts of the U.S. lodging industry since 1991. The four million rooms counted in the lodging industry encompass the...
How COST SEGREGATION OFFERS SUBSTANTIAL TAX BENEFITS TO REAL ESTATE OWNERS & INVESTORS IN REAL ESTATE
With the advent of the Internal Revenue Code of 1986, real estate owners and investors have been searching for ways to increase the tax benefits from owning or investing in real estate. A Cost Segregation Study will accelerate tax depreciation, yielding...
James Maccrate, Cre, & David Peterson Receive 1999 William S. Ballard Award
The Editorial Board of Real Estate Issues was honored to recently present its 1999 William S. Ballard Award to James R. MacCrate, CRE, & David L. Peterson, for their article, "Land Investment in the 21st Century." It appeared in the Summer 1999...
Letter to the Editor
In response to the CRE Perspective: Just Thinking About it is Illegal by Arnold S. Tesh, CRE Spring 2000 (Vol. 25, No. 1) issue, pgs. 55 - 57 Dear Editor: Arnold S. Tesh, CRE, in his CRE Perspective," Just Thinking About it is Illegal,"...
Long Distance Residential Mobility & the Baby Boom
The housing industry has loved the baby boom since its members entered the housing market in the mid-1970s. Born between 1946 and 1964, this large birth cohort has affected the housing marketplace until today. Developers of retirement housing are jockeying...
Mitigating Factors in Appraisal & Valuation of Contaminated Real Property
Environmental issues have become a key concern in real property transactions. One particularly difficult issue is the question of how contaminated or formerly contaminated properties should be valued for sale, lease, or financing transactions, as well...
Quality Priority in Housing
Quality is important in every aspect of society and especially housing. The perceived quality of property influences its pricing, marketability, and value. Confirming and communicating quality are crucial to real estate transactions. Subsequent shortfalls...
The Art of Real Estate: Understanding the Visual Artists Rights Act
Given the sheer volume of law created in this country since its inception, one would expect that the relative rights between artists and purchasers of art would be well established, and generally understood. But try answering the following question...
Whither Away Office Space as We Know It Today?
The movement of more and more business activity into the Internet economy raises concerns about the long-term future of the office building market as we know it today. While these concerns have been pushed under the rug by a booming economy and relatively...