Occasionally, it’s a great idea to clear your mind, empty the inbox, and allow your thoughts to be random. Today, dear readers, is such a moment. It’s fascinating how the mind can wander through a labyrinth of thoughts, each one seemingly unrelated yet all part of the same intricate web of our daily lives. Today, … Read more
Q: We have a homeowner who insists the HOA must have the complainant in a harassment violation present at his hearing? Is this required? — M.H., Pacific Beach Q: A crucial part of hearings that the public needs to know about is due process. Owners discovered that hearings were not being conducted so that all … Read more
It’s major news that Sweden’s Ingka Investments, which owns most Ikea stores, formed a “strategic alliance” in Extell’s planned, one million square-foot mixed-use tower at 570 Fifth Ave. Developer Gary Barnett has long planned to build a large new skyscraper at the precious Midtown site. Ingka will hold a one-third stake in the project and have full … Read more
The one-time Tom’s Diner building is taking a new form once again. Champagne Tiger, a soon-to-be French-American diner, has leased the building at 601 E. Colfax Ave. in Denver that was home for two decades to Tom’s Diner and then, briefly, Tom’s Starlight. Owner Chris Donato said he’s targeting a September opening for his restaurant … Read more
Today marks the end of the first half of 2024. Halloween decorations are already gracing store shelves. Today, I thought it would be interesting to take a look at the predictions I made in January. It’s always a good idea to make sure you’re on the right track — especially when advising owners and occupants … Read more
BOSTON, June 27, 2024 /PRNewswire/ – Manulife Investment Management (Manulife IM) has announced a strategic partnership with Foundry Commercial to acquire, develop, and lease industrial outdoor storage (IOS) sites in key infill industrial markets throughout the Southeast. The portfolio consists of 10 sites located in Atlanta, Nashville, Dallas-Fort Worth, and Jacksonville. Three of the sites … Read more
Recently, we discussed price reductions and the factors that cause them. In short, when supply exceeds demand, a shortage occurs — also called an imbalance. This imbalance is like a seesaw — it’s hedged toward either side, with one side up and the other down. In our industrial market, the number of occupants needed to … Read more
Flipping Rate Increases for Second Quarter in a Row While Profit Rebound Continues; Investment Returns Still Low but Reach 30 Percent Nationwide for First Time in Over a Year; Raw Flipping Profits Also Hit High Point Since 2022 IRVINE, Calif., June 20, 2024 /PRNewswire/ — ATTOM, a leading curator of land, property and real estate … Read more
Kauhale Pettigru to Lead Middle-Market in Senior Living Accommodations WESTERVILLE, Ohio, June 14, 2024 /PRNewswire/ — Kauhale Health (“Kauhale”) has acquired assisted living and memory care community The Parker (Greenville, SC). This marks Kauhale’s second acquisition and a further step in the execution of a deliberate senior living investment and management strategy. The Parker will … Read more
Our industrial market in Southern California is rapidly morphing into a buyer’s/tenant’s market. By that I mean, a supply of available buildings which exceeds demand and a softening of prices. This is happening in the large logistics spaces constructed in the last building craze. At their peak, rents topped $2.10 per square foot (triple net) … Read more
