With increasing tax assessments for commercial real estate properties, an independent third-party appraisal may lessen the property-tax burden for CRE owners. BBG, the nation’s largest independent commercial real estate services firm, can provide the support that...
Tech billionaire Bill Gates who amassed a fortune in the computer software business is making money in one of the world’s oldest professions: farming. The former Microsoft chief, who is the country’s largest private landowner, is counted among investment firms,...
The bloom may be off the rose of the top-performing U.S. industrial sector as a result of current market conditions. But a growing onshoring trend is expected to temper the economic headwinds facing these properties and help position them for significant growth this...
Real estate portfolio transactions captured CRE headlines at the close of 2022. Among the largest was the sale of a Chicago multifamily portfolio with about 7,500 units across more than 400 buildings for approximately $600 million. The transaction was one of the...
Commercial real estate values are not expected to see significant declines this year despite market concerns over recent and forecasted interest rate hikes, stagflation, and recession fears. Current market conditions have caused REIT stock prices to decline this year,...