Living in digital times
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"Tech journalist Kara Swisher's vision of the future
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CAR offers consumer-facing iPhone app
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"Realtors pay subscription fee, provide free consumer access
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'Old School' is new again
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"Real estate pros share views on tech, economy
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Craigslist best practices
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"A conversation with Craig Newmark
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8 WordPress plug-ins to rock your real estate website
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"Create custom forms, track commenters, create membership site
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Don't let leads slip through your fingers
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"Lead management, agent training and buy-in are keys to conversion
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Move Inc. taps Maponics for boundary data
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"Realtor.com users will see schools that serve homes in some markets
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Privacy debate touches real estate
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"NAR weighs in on draft bill
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Unlock the potential of social media sites
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"Get familiar with 'social objects'
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Don't ignore Facebook
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"Engagement on business pages can attract leads
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Prioritize real estate contacts with Gist
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"Track online content published by clients, competitors
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How to manage your Web presence
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"Engage consumers online
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Real estate in the smart phone zone
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"Which device to buy? Make apps your priority
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FHFA probes subprime, Alt-A lending
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"Regulator seeking loan applications, appraisals
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Builders to sue EPA over lead-paint rule
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"Change would add to cost of work, builders say
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CoStar's Deals of Note (July 11-17)
From: www.costar.com
"ATLANTA
InterContinental Sells Atlanta Hotel for $105M
By Laurie Forbes
InterContinental Hotels Group sold its 422-room InterContinental Buckhead Atlanta property to Pebblebrook Hotel Trust for $105 million, or approximately $248,815 per room...."
CoStar's Deals of Note (July 4-10)
From: www.costar.com
"BOSTON
Shire Expands Boston Operations, Buys Lexington Campus for $165 Million
By CoStar Research
Shire plc announced the $165 million acquisition of Lexington Technology Park, a four-building, 435,000-square-foot corporate campus in suburban Boston..."
JLL's Siteman Named President of SoCal Chapter of 7x24 Exchange
From: www.costar.com
"Jones Lang LaSalle's Michael Siteman has been named president of the Southern California Chapter of 7x24 Exchange International, a knowledge exchange for developers and users of mission-critical enterprise information structures.
Siteman and his board..."
Lease Down (July 11-17): Mergers & Acquisitions Lead to Mass Layoffs
From: www.costar.com
"CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions..."
JLL To Take Over General Growth's Third-Party Mall Management and Leasing Business
From: www.costar.com
"Jones Lang LaSalle (NYSE: JLL) signed a strategic alliance with General Growth Properties (NYSE:GGP) under which JLL will take over GGP s third-party management and leasing responsibilities for 18 shopping centers totaling 11 million square feet across..."
Lease Up (July 11-17): Major Renewals Reveal Firms Cutting Back on Space
From: www.costar.com
"CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on consolidatations and lease..."
The Gas Company to Remain in LA Skyscraper
From: www.costar.com
"Southern California Gas Co. (The Gas Company) is extending its stay in the Downtown Los Angeles office tower that bears its name, inking a 350,000-square-foot renewal.
MPG Office Trust signed the natural gas provider to a 15-year term, according to..."
Four Inglewood Retail Properties Trade for $3M
From: www.costar.com
"Inglewood Family Corp. sold five retail properties in Inglewood, CA, three on South La Brea Avenue and one on South Market Street, totaling 29,149 square feet. Navada LLC purchased the portfolio for nearly $3 million, or approximately $103 price per square..."
MMCC Promoted Petriella and Wise
From: www.costar.com
"Marcus & Millichap Capital Corp. promoted Adam J. Petriella and Jerry M. Wise (pictured) to the position of first vice president capital markets. This is one of the highest levels of recognition the firm awards to its loan originators.
Petriella and..."
Marcus & Millichap Promotes Ringer
From: www.costar.com
"Marcus & Millichap named Richard J. Ringer as first vice president investments in the firm's West Los Angeles office. Ringer received one of the highest levels of acknowledgment the company can offer to its investment specialists. Demonstrating a high..."
Pacific Palisades Multifamily Complex Trades for $15M
From: www.costar.com
"Rohit Mehta, owner of the Xenon Investment Corp., purchased the Sunset Plaza Apartments at 17250 W. Sunset Blvd. in Pacific Palisades, CA, from KMK Management for $15.15 million, or approximately $199,342 per unit.
The 76-unit property totals 64,344..."
CoStar's People of Note (July 4-10)
From: www.costar.com
"This week's People of Note includes the following markets: Atlanta, Chicago, Las Vegas, Milwaukee/Madison, Orange County, Phoenix, Portland, South Florida and Washington, DC.
WASHINGTON, DC
Avison Young Buys NoVa Firm; Taps 2 to Head New Branch
Toronto..."
Distress? What Distress? 5 Office Markets Attract Top Dollar for Prime Assets
From: www.costar.com
"For all of the talk of distress in commercial real estate, you won't hear the "D" word mentioned among investors clamoring for top-quality office properties in at least five markets. Investment activity in institutional-quality office properties in Boston..."
American Paper Buys Industrial Bldg. From iStar Financial
From: www.costar.com
"American Paper & Plastic purchased the 296,960-square-foot industrial building at 500 S. Seventh Ave. in City of Industry, CA, from iStar Financial Inc. for $15.3 million, or nearly $52 per square foot.
The structure is on 16.91 acres and features..."
Westgate Group Sells Sherman Oaks Multifamily
From: www.costar.com
"Westgate Group Inc. sold the multifamily building at 15357 Magnolia Blvd. in Sherman Oaks, CA, to AJR Investment Partnership LP for $23 million, or about $234,694 per unit. It is the largest multifamily transaction in the San Fernando Valley so far this..."
In The Pipeline: CoStar Development and Construction News For July 4-10
From: www.costar.com
"In this week's edition of In The Pipeline, long-planned mixed-use projects are emerging in New York and L.A. In Lower Manhattan, The Moinian Group will open the W New York - Downtown Hotel & Residences, following three years of planning and delays in..."
Lease Down (July 4-10): United Space Alliance Cutting Workforce by 15%
From: www.costar.com
"CoStar compiles news of consolidations, closures, layoffs and lease cancellations in the weekly Lease Down news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on corporate expansions,..."
Lease Up (July 4-10): Sallie Mae Moving HQ to Delaware
From: www.costar.com
"CoStar compiles news of corporate expansions, relocations and lease extensions in the weekly Lease Up news report, a concise read keeping you updated on major corporate moves affecting commercial real estate. For news on consolidatations and lease..."
SH Trading Pays $5.6M for City of Industry Property
From: www.costar.com
"SH Trading Inc. purchased the 85,053-square-foot industrial building at 900-908 Ajax Blvd. in City of Industry, CA, from 900 Ajax Partners LLC for $5.65 million, or approximately $66 per square foot.
The property is on 4.67 acres and has heavy power..."
SingerLewak Inks $9.8 Million Renewal/Expansion
From: www.costar.com
"Singer Lewak Greenbaum Goldstein (SingerLewak), a top accounting services and consulting firm, signed a 10-year, $9.8 million renewal/expansion for 25,258 square feet at 10960 Wilshire Blvd. in Los Angeles.
The 24-story, 595,000-square-foot office..."
Love Culture Moves to 71,286-SF Industrial
From: www.costar.com
"Love Culture, a women s specialty retailer, executed a lease for 71,286 square feet of industrial space at a single tenant building in Los Angeles. The 62-month deal takes place at 2423 E. 23rd St.
Built in 2005, the building is on the corner of East..."
CoStar's People of Note (June 27-July 3)
From: www.costar.com
"This week's People of Note includes the following markets: Chicago, Kansas City, National, San Francisco and Southern California
SAN FRANCISCO, NATIONAL
Walter Shorenstein, Real Estate Mogul, Dies at 95
Commercial real estate entrepreneur Walter..."
Proactive tax planning to take advantage of timely tax saving opportunities.
Comprehensive business services that integrate income tax compliance
and planning with investments and insurance choices.
Consulting services that review businesses to find hidden opportunities to
increase wealth accumulation and retention.
Foreign investor tax services.
Individualized accounting system setup for new businesses.
State of the art payroll tax services and sales tax preparation.
Preparation of business and individual tax returns and financial
statements.
Budgeting and projection preparation and monitoring, facilitating the
creation and tracking of events.
Assistance in selection and installation of computer hardware and
software, ongoing monitoring and updating of systems.
