Tag Archives: Business

Regency Centers lifts 2Q profit 67.5% – The Business Journal

During the quarter, Regency purchased one wholly owned operating property at a gross sale price of $ 11 million and a cap rate of 7.6 percent. Cap rates are the rate of return an investor will earn from a property, … Continue reading

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Dayton apartment buildings face ‘absolute’ auction – The Business Journal

Three apartment buildings in northern Dayton will be sold at absolute auction Aug. 23. The buildings — at 2507 Riverside Drive and 246 and 250 Basswood Ave. — will be sold at 6 p.m. Tuesday, Aug. 23 on the top … Continue reading

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Agree Realty hires chief investment officer as Borders’ bankruptcy creates vacancies – Crain’s Detroit Business

But with a combination of new tenants, diversified tenants and rent reductions it is currently 9 percent of revenue. “With the Borders question mark removed via liquidation, we believe that Agree is worth more without Borders’ leases and associated … … Continue reading

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Xtravision seeks extension of court protection – Business and Leadership

Its owner, Birchall Investments, said it is willing to invest a further €6m in the retailers but rent reductions need to be secured from landlords across the country. ‘‘While it has secured significant reductions in costs in some areas, the … Continue reading

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Business Valuation Part 2 – Associated Content

As the assumed amount of interest that you’ll pay ‘” cap rate ‘” goes up, the discounted value of the payment stream goes down, and fewer dollars are required on day one to earn the forecast income flows expected by … Continue reading

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A crackdown on hotels in apartment buildings – Crain’s New York Business

On May 1, a law affecting budget hotels that also have residential units goes into effect, making it illegal for these properties to rent rooms for less than 30 days. Two dozen hotel owners claim the regulation, signed into law … Continue reading

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A crackdown on hotels in apartment buildings – Crain’s New York Business

On May 1, a law affecting budget hotels that also have residential units goes into effect, making it illegal for these properties to rent rooms for less than 30 days. Two dozen hotel owners claim the regulation, signed into law … Continue reading

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Demand keeps Seattle apartment rents high – Birmingham Business Journal

Because only one third the number of new apartments will be constructed this year compared with 2009, the supply of Seattle apartments remains tight and rents remain high. The Seattle Times reports that, according to a local research firm, declining … Continue reading

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Cap rate shows Manhattan is U.S. leader – Crain’s New York Business

Price rises here push down investors’ expectations of their returns on buying property here in further sign of recovery; NYC market expansion forecast for 2012, year ahead of D.C. The amount of money investors are anticipating they’ll make when they … Continue reading

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Wealthy individuals bet on commercial property – Crain’s New York Business

He seeks apartment buildings with a cap rate of 6% to 9% annually. Families should compare what they may be charged in “promotes,” which are similar to carried interest fees paid to private equity and hedge funds, to other investments, … Continue reading

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