"We're a little unique that way, in that we're not as skewed to the variable as others are and thus there's a better fit to have commercial real estate
in our portfolio than other companies may find for themselves," Ross said.
The GLB Act neither specifically authorizes nor specifically forbids financial holding companies or financial subsidiaries of national banks to engage in real estate
brokerage and management activities.
The real estate
division suggested converting the factory to white-collar use.
Title XI of FIRREA was enacted "to promote the safety and soundness of insured institutions by requiring that real estate
appraisals utilized in connection with federally related transactions be performed in writing in accordance with the uniform standards by individuals whose competency has been demonstrated and whose professional conduct is subject to effective supervision." Federally related transactions are any real-estate-related financial transactions that a federal financial institution, regulatory agency or the Resolution Trust Company engages in, contracts for or regulates and that require an appraiser's services.
It provides a rare glimpse inside perhaps the biggest con in the real estate
industry: grossly exaggerated appraisals.
"As investors increasingly look toward real estate
securities globally to diversify their equity portfolios, they require more sophisticated risk measurement tools to benchmark their returns.
Retail web sites provide breaking news and its online newsletters, including "GlobeSt Week," address specific commercial and real estate
469(c)(7)(B) defines a real estate
professional as a taxpayer who (1) spends more than 750 hours and (2) performs more than one-half of his or her personal services during the tax year in real property trades or businesses in which he or she materially participates.
Still, the wisdom of that CEO, who runs a high-growth, high-tech company, cuts right to the heart of what chief executives need to know: Real estate
is too central to your corporation's ability to reach its overall objectives to think of real estate
strategies outside the context of corporate strategies.
"Commercial real estate
investing is a very serious business," says Olusola Seriki, principal in Metroventures/USA Inc., a real estate
development and management firm in Columbia, Maryland.
The region's strong performance in the early 1980s, after a period in which construction activity was low and the supply of housing and office space had tightened, sparked a construction and real estate
21: The Greater New York Chapter of the Institute of Real Estate
Management will hold its monthly luncheon featuring Tim Carey, of the New York Power Authority, at the New York Helmsley Hotel, 212 East 42nd Street.
The report lists public real estate
as the second-best asset class, behind natural resources, for smaller endowments, which reported a 27 percent return on public real estate
The latter was critical to Primo's strategy to swim with the big fish, since substantial deals now require the backing of real estate
469(c)(7)(B), an individual is an eligible rental real estate
professional for any tax year if: 1.