At today's record prices, and with 20 percent total returns over the last year, many investors have found themselves asking: "Are real estate prices too high?" Though interest rates have risen about 75 basis points since the first of the year, capitalization rates have barely moved. Higher borrowing rates have taken many debt-based investors out of the bidding, but evidence indicates that a large numbers of bidders remain, keeping prices high and cap rates low.
... in the low 6 percent range for office, industrial and retail properties, and less than 5 percent-yes... of 500 basis points, depending on the property type. The gap now is essentially 25 basis points f...
Job growth is slowing, consumer confidence is waning, corporate profits are slipping, industrial production is declining, and the ever resilient American consumer, buffeted by the twin headwinds of rising energy prices and falling home values, is making fewer trips to the shopping mall. In denying two state referendums in the November elections - one of which would have let the state borrow $450 million for stem-cell research and the other of which would have dedicated another half penny of the 7-cent sales tax to property tax relief - New Jersey voters have echoed the business community's concern about the state's management of its fiscal affairs.
... of "thetaxing and spending power," their property is transferred throughthe Government's Treasury to...2d 657 (ED Mich.1999); Steele v. Industrial Development Bd. of Metropolitan Govt.Nashvill...
... that problem (be it capitalism, industrialism, the spread of materialist values, or the states s...45. . (11.) See especially "On Property," Chapter 5 of his Second Treatise, in Locke, Two ...
WILDLIFE WINS Let's hear it for the alligators, turtles, more than 200 species of songbirds and waterfowl, and the lovely Spanish moss-covered cypress trees of the only honest lake in Texas (TO, July 8, 2005 and August 25, 2005), Caddo Lake. And let's hear it for the folks who've worked so hard to keep it honest. As we reported last year, just as a long-anticipated wildlife refuge for Caddo Lake was about to become a reality, disturbing developments were afoot. Senator Kay Bailey Hutchison had moved to strip away between 1,000 and 2,000 acres from the 12,000-acre refuge under the guise of "economic development," in the form of an industrial park. (The U.S. Army had planned to turn over the entire acreage that had been occupied by the Longhorn Ammunitions Plant to the U.S. Fish and Wildl...
... immediately transfer all the remaining property from the now defunct munitions plant "for the sole...
IS intellectual property (IP) protection in Malaysia adequate? Is the issue the reason why some investors tend to shy away from the country? Let's look at some figures. Malaysia is a member of only three treaties under the Unesco- based World Intellectual Property Organisation (WIPO). They are the WIPO Convention (since January 1989), the Paris Convention (Industrial Property) (since January 1989), and the Berne Convention (Literary and Artistic Works) (since October 1990).
DAYTON -- City commissioners voted Wednesday to let UPS out of its lease agreement for a facility at the Dayton International Airport and transferred the $640,000 annual lease payments to the Industrial Realty Group through 2016. UPS was on the hook for the property until 2020, but the city is gambling IRG can reuse the facility and create jobs.
After several attempts to get a bill through the Mississippi Legislature that would restrict governments' authority to use , proponents are trying to let the public decide. is the process that governments use to take private land for projects ranging from road construction to industrial development. Property owners are normally paid fair- market value for the land. The issue is an emotional one for those who believe the process violates landowners' property rights. But that view obscures how the appropriate - and limited - use of can serve a community's best interests.
The cozy relationship between business and city government is nothing new in National City. Previous mayors have had glorious ideas for the city and various members of the Chamber of Commerce have bankrolled them. Today, we have [Ron Morrison] who took over a thousand campaign dollars from Jim Beauchamp, a property owner who needed Eminent Domain to acquire land to build a high-rise on National City Blvd. This project, fully endorsed by the City Council and Mayor, is now costing the people of National City many dollars in court costs. Lately, this same landlord/developer has pleaded his case in front of the Mayor asking to allow him to build seven story condos among the single-family homes of Old Town. Beauchamp's group, known as the Smart Growth Coalition, even had the nerve to ask the...
... National City zoned the neighborhood industrial. Just rezone it all to residential and fix the pro...
Helping Moderate Muslims By Imam Feisal Abdul Rauf It is customary for Muslims to begin by first invoking the name of the all-merciful and all-compassionate creator, the creator of the heavens and the earth and all that is between them, the God of Abraham, the God of Ishmael and Isaac, the God of Moses and Aaron, the God of Jesus Christ and his mother, Mary, and the God of Mohammed. [...] I'm grateful to our mayor, Michael Bloomberg, and to so many others who have spoken out in favor of our project. Participatory government; freedom of speech; separation of church and state: these were among my earliest lessons in American civic life.
...: a high-school teacher, a salesman of industrial products, and a struggling writer. I'm a typical N... and a community center on private property in Lower Manhattan, in accordance with local laws ...
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