Wednesday, December 12, 2012

$1.2 billion more in D.C. commercial property assessment reductions

$1.2 billion more in D.C. commercial property assessment reductions

$1.2 billion more in D.C. commercial property assessment reductions

D.C. tax officials, criticized earlier this year for reducing commercial property assessments by $2.6 billion, lowered other assessments by an additional $1.2 billion through little-known settlements with property owners who had appealed to D.C. Superior Court, records show. Read full article >>

Latest concept for Westfield downtown redevelopment includes 6-story ... - MassLive.com

MassLive.comLatest concept for Westfield downtown redevelopment includes 6-story ...MassLive.comThe city already has $7 million in federal and state funding earmarked for downtown redevelopment. The latest concept is an ongoing design being created under a $400,000 study launched earlier this year under by the city, PVTA and HDR Architecture Inc.and more »

Latest CoStar Commercial Repeat-Sale Analysis: Commercial Property Prices Show Little Movement in October Amid ...

WASHINGTON -- This month's CoStar Commercial Repeat Sale Indices (CCRSI) provide the market's first look at October 2012 commercial real estate pricing. Based on 927 repeat sales in October and more than ...

Capital's commercial property values spike

Recent property assessment sets some increases as high as 79 per cent, but landlords, tenants must wait until next year to see impact on taxes and rent.

State lawmakers preview 2013 session, Storm Lake priorities

Commercial property tax reform, educational reform and an increased gas tax could potentially surface again during the state legislature's upcoming session, but representatives have expressed...

Rudy's Chicken is getting a new home. And other changes are coming to ... - Dallas Morning News (blog)

Dallas Morning News (blog)Rudy's Chicken is getting a new home. And other changes are coming to ...Dallas Morning News (blog)Moments ago, the City Council approved a four-phase, $3.4 million redevelopment of the Lancaster/Kiest corridor to bring in new retail development, high-density live/work housing, and affordable multi-family housing. All important deals to bring new ...

Firm seeks $41 million tax break for Vicksburg redevelopment project - Alexandria Town Talk

Firm seeks $41 million tax break for Vicksburg redevelopment projectAlexandria Town TalkVICKSBURG, Miss. — A company that proposes to redevelop the former LeTourneau Technologies site says it needs a tax exemption of up to $41 million in equipment and buildings. A representative for Cameron International Corp., the Houston-based oil ...and more »

Germany Sells Commercial Buildings to Lone Star for $1.4 Billion

The German government agreed to sell TLG Immobilien, a company that owns about 800 buildings in the country's eastern states, to Lone Star Funds for 1.1 billion euros ($1.4 billion) including debt. It's the country's biggest commercial-property deal of the year.

TUV SUD Organizes Green Commercial Property and Hotel Summit in Shanghai

-- TUV SUD signs cooperation memorandum with Tongji University to facilitate the development of the green building industrySHANGHAI, December 12, 2012 /PRNewswire/ -- TUV SUD( http://www.tuv-sud.cn ), ...

Taxes up $141 for Fall River homeowners

A drop in commercial property values, combined with a 2½ percent tax increase budgeted, will result in a $141 higher tax bill for the average homeowner after the City Council Tuesday night retained the residential-commercial tax factor used the prior two years.

Master plan unveiled for $275 million Allentown waterfront development - The Express Times - LehighValleyLive.com

The Express Times - LehighValleyLive.comMaster plan unveiled for $275 million Allentown waterfront developmentThe Express Times - LehighValleyLive.comDeveloper Dunn Twiggar presented its master plan for The Waterfront, a $275 million mixed-use complex of office buildings, restaurant and retail space, homes and public open space and trails. That master plan, presented to the Allentown Planning ...Allentown announces plans for massive riverfront developmentPocono Recordall 5 news articles »

Evesham to crack down on neglected commercial properties

EVESHAM—The township will be getting tough with commercial property owners who are not keeping their properties up to standards that even residential homeowners must uphold.

CMBS Beating Bank Bonds as Investors Wager on Property Recovery

Securities linked to commercial- property loans are rallying, beating out corporate bonds issued by lenders as investors wager on a real-estate recovery.

Commercial property a popular investment alternative for locals

by Cheryl Tay

AMP LIMITED : AMP Capital Shopping Centres starts $105 million ... - 4-traders

AMP LIMITED : AMP Capital Shopping Centres starts $105 million ...4-tradersOcean Keys Shopping Centre in Perth's northern coastal region is set to become a standout shopping centre for the community with construction of a $105 million redevelopment to start in January 2013. The centre is owned by investors in the AMP Capital ...and more »

Hammersmith Lyric Theatre £16.5million redevelopment underway - South West Londoner

South West LondonerHammersmith Lyric Theatre £16.5million redevelopment underwaySouth West LondonerHammersmith Lyric Theatre £16.5million redevelopment underway. Article Image. Posted Friday, 30 November, 2012 - 17:21. By Hayley Fox. The £16.5 million redevelopment of Hammersmith's Lyric Theatre began this week. The King Street venue will ...

Lafayette Place in Pontiac set to open Saturday with lofts, market and fitness ... - Crain's Detroit Business

Lafayette Place in Pontiac set to open Saturday with lofts, market and fitness ...Crain's Detroit BusinessIn January, West Construction Services, a Pontiac-based developer, announced the construction of Lafayette Place, a $20 million redevelopment of the 80,000-square-foot former Sears, Roebuck & Co. department store that was built in 1929. The building ...

Watt Properties finishes $20 million redevelopment of Edinger Plaza in ... - OC Metro

Watt Properties finishes $20 million redevelopment of Edinger Plaza in ...OC MetroWatt Properties finishes $20 million redevelopment of Edinger Plaza in Huntington Beach. The remodeled shopping mall is the new home of a Dick's Sporting Goods, Nordstrom Rack and Starbucks. by Gabriel CortésPublished: November 27, 2012 11:45 AM ...

US$23.4 million redevelopment for Ulster's Ravenhill - SportsPro Media

US$23.4 million redevelopment for Ulster's RavenhillSportsPro MediaRaboDirect Pro12 side Ulster Rugby has secured a UK£14.7 million (US$23.4 million) grant from Northern Ireland's Department of Culture, Arts and Leisure for the redevelopment of the club's Ravenhill Stadium. "On behalf of Ulster Rugby I would like to ...and more »

Tyler Perry's Former Studio Site of $70 Million Redevelopment Project - Atlanta Black Star

Tyler Perry's Former Studio Site of $70 Million Redevelopment ProjectAtlanta Black StarAtlanta director Tyler Perry's former Inman Park studio is becoming part of a $70 million redevelopment. Paces Properties LLC is developing the project, including the re-purposing of Perry's former studio on Krog Street just north of Edgewood Avenue.and more »

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