Tag Archives: firm
California investment firm spurns Seattle area for rural Clark County; where drivers are coming from; warm economic outlook on a snowy day – Seattle Times
Commercial tenants, taking a page from Starbucks, are asking for sharp rent reductions, Lyon said. The pressures could bring changes to downtown Seattle’s retail landscape, he said. Levi’s Original store at 1500 Sixth Ave. is closing for good Sunday. “rent … Continue reading
California investment firm spurns Seattle area for rural Clark County; where drivers are coming from; warm economic outlook on a snowy day – Seattle Times
Commercial tenants, taking a page from Starbucks, are asking for sharp rent reductions, Lyon said. The pressures could bring changes to downtown Seattle’s retail landscape, he said. Levi’s Original store at 1500 Sixth Ave. is closing for good Sunday. “rent … Continue reading
San Jose apartment rents rise fastest in nation – San Francisco Gate
That’s how much apartment rents rose in San Jose in the third quarter from a year earlier, marking the biggest jump of any major U.S. city, according to research firm Reis Inc. Fresh off the news that Bay Area office … Continue reading
Xtra-vision owners vow £7m boost – Belfast Telegraph
It is understood the examiner negotiated substantial rent reductions at about half the firm’s 140 outlets in the Republic. He succeeded in having a number of leases held by Xtra-vision repudiated, terminating the lease agreements. The majority of those … … Continue reading
Landlords accept Southern Cross rent cuts – HealthInvestor
Representing Southern Cross’s 80 landlords, the committee said it accepts that longer-term solutions, including rent reductions, will be required, and called on the firm’s lenders and the government to help resolve the crisis at the company. Daniel Smith … “rent … Continue reading
U.S. Apartment Rents and Occupancies Seen Set to Rise – Bloomberg
Apartment rents and occupancies are likely to continue to rise as the U.S. home and labor markets remain depressed, economists said at a conference sponsored by investment-advisory firm Bentall Kennedy. “There are fewer jobs today than 10 years ago … … Continue reading
Beverly Hills Lures Wealthy Investors Seeking Trophy Apartments – BusinessWeek
The Beverly Hills investor accepted an annual cap rate of 4.5 percent, more than two percentage points below the national average, said Hamid Soroudi, senior managing director at Los Angeles-based real estate firm Charles Dunn. “It seems almost a … … Continue reading
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
Landlords Raising Rents as Demand Outpaces Supply – BusinessWeek
Landlords Raising Rents as Demand Outpaces SupplyBusinessWeekIn 2010, rents nationwide rose an average 4.2 percent. In 2009, by contrast, landlords offered greater discounts to attract tenants, and effective rents fell 5.9 percent. According to AXIOMetrics, an apartment market research firm … Continue reading