Real Estate Issues

Trade publication covering the real estate industry.

Articles from Vol. 26, No. 3, Fall

Appraisal or Valuation: An Art or a Science? (CRE Perspective)
Herein, the author looks at the age-old conundrum to see whether, in today's hi-tech world and with the advent of Global Valuation Standards, there is a consensus of opinion. Art: thing in which skill may be exercised. Science: systematic and...
Editor's Statement
On September 11 a cowardly yet barbaric and savage attack was launched against civilization. It was an assault on a value system that cherishes democracy, personal freedoms, tolerance of diversity, and the opportunity to participate in economic prosperity....
Environmental Risk in Today's Market
On the heels of environmental law and regulation came fear. Fear of environmental liability led to fallow properties called "brownfields." The redevelopment of such properties is complicated by the real or perceived presence of hazardous substances,...
Focus on Commercial Real Estate: Real Estate Sector Faces Tough Challenges Ahead. (Insider's Perspective)
In the aftermath of the terrible tragedies that took place in this country on September 11, 2001, the issues surrounding the commercial real estate industry seem exceedingly small. However, real estate is a key driver of the U.S. and global economies...
Focus on Investment Conditions: Principles of Rational Investing Still Apply. (Insider's Perspective)
As America regroups after the September 11 attack on the World Trade Center and the Pentagon, investors are watching how terrorism and its aftereffects will play out in an economy that was already stagnant. As we go to press, we're seeing reports of...
Focus on NYC Office Markets: The Impact of the September 11th Tragedy. (Industry Perspective)
September 11, 2001, will go down as one of the darkest days in our nation's history. The authors join the rest of our nation in mourning the horror of that day and the profound loss of so many lives. As the terrible events of September 11 were unfolding,...
Focus on the Economy & Real Estate: America Attacked: Implications for the Economy & Real Estate. (Insider's Perspective)
This perspective focuses on what the events of September 11 imply for the economy and property markets. It addresses questions such as how long to expect the recession and how deep the short-term effects will be. It also considers which property types...
Focus on the Economy: The Post-Attack Economy: An Outlook across America. (Insider's Perspective)
Literally, before the dust settled following the collapse of the World Trade Center from the terrorist attack of September 11,2001, and throughout the month thereafter as the fires still burned at Ground Zero, economists have been attempting to analyze...
Focus on the Future; A Region's Rising: Triumph in Transformation. (Insider's Perspective)
NEW YORK, JULY 4, 2006: in a ceremony forged of three equal parts-- solemn remembrance, hard-won solidarity, and confident vision--New Yorkers gathered today to lay the cornerstone of the first of the new towers rising on the site of the former World...
Free Market Environmentalism. (CRE Perspective)
DEFINITIONS With the selection by President George W. Bush of Christine Todd Whitman as Environmental Protection Agency Administrator and Gale A. Norton as Secretary of the Interior, there was considerable interest in their libertarian, market-based...
Home Office Deduction Can Benefit Both Real Estate Professionals & Their Clients
Real estate professionals should have a working familiarity with the current state of the law regarding tax deductions for offices in the home. One reason for this is that a number of real estate professionals have their own home offices, either as...
How Do U.S. Residential Brokerage Trends & Fees Compare to the Rest of the World?
INTRODUCTION: PRESSURES FROM THE INTERNET There are many sweeping changes in the way business is conducted in all industries as a result of the Internet. The real estate industry is no exception. According to the 2000 National Association of REALTORS(R)...
How Relevant Are Appraisals/Valuation Reports to International Real Estate Transactions?
INTRODUCTION & RESEARCH STATEMENT OF PURPOSE On what basis do international buyers, sellers, and those involved in leases, value realty for disposition, acquisition, and/or leasing property, whether within or outside of the United States, and,...
How to Structure a Lease to Protect against the Risk of a Bankruptcy of the Tenant
The recent downturn in the economy has resulted in greater volatility in the financial status of many tenants, thus compelling landlords entering into office leases with these tenants to accept far greater risks than they are accustomed to. Due to...
Is New Urbanism the Cure? A Look at Central Florida's Response
No theory of community design and urban form is currently more debated by architects, developers, community planners, land use attorneys, and local government officials than New Urbanism. New Urbanism, also commonly referred to as neotraditional town...
Lights out for California Real Estate?
California can not guarantee that it will have enough electricity to meet future demand. Since the state began experiencing rolling blackouts in January 2001, the media has extensively covered every possible cause for the power crisis and scenario...
Why People Enter the Real Estate Sales Business. (Industry Perspective)
INTRODUCTION Turnover in the real estate sales business is reputed to be one of the highest in all job categories. Estimates from interviews performed with real estate brokers range from 50 percent within two years to 98 percent within five years....
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