Moody’s/REAL Commercial Property Price Index Picks Up Slightly After Two Months Of Declines

Posted by property | Posted in Real Estate | Posted on 23-06-2010-05-2008

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Moody’s/REAL Commercial Property Price Index Picks Up Slightly After Two Months Of Declines
The Moody’s/REAL Commercial Property Price index posted a slight gain in April, after two sequential drops, coming in at a 1.7% increase for the month. As Moody’s notes: “This price increase follows two consecutive months of slight price declines. The index currently lies at 113.10 and has fallen 16.4% in the past year. Prices have remained choppy since the low of 107.98 that was recorded in …
Read more on Zero Hedge

Embattled Money Manager’s Property Up For Auction
The property of embattled money manager Marcus Schrenker will be auctioned off to benefit investors.
Read more on WRTV Indianapolis

The pitfalls of commercial property

Posted by property | Posted in Real Estate | Posted on 21-06-2010-05-2008

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The pitfalls of commercial property
Pundits know that doom-and-gloom stories about residential property will sell, and so neglect commercial property – which is a far riskier investment according to the RBA. 21 Jun 2010 11:21 AM
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Business as usual as property eases
THE residential property market appears to be observing its traditional mid-year slowdown, with real estate prices steadying.
Read more on The Australian

Commercial Property to Stay 40% From Peak, Pimco Says (Update1)

Posted by property | Posted in Real Estate | Posted on 16-06-2010-05-2008

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Commercial Property to Stay 40% From Peak, Pimco Says (Update1)
June 16 (Bloomberg) — U.S. commercial property values are rebounding slowly and may remain as much as 40 percent below their 2007 peak levels, Pacific Investment Management Co. said.
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Estonian Commercial Property Market Hits Trough, EfTEN CEO Says

Posted by property | Posted in Real Estate | Posted on 09-06-2010-05-2008

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Estonian Commercial Property Market Hits Trough, EfTEN CEO Says
June 9 (Bloomberg) — Estonia’s commercial property market has bottomed out as signs of economic recovery and approval of its euro entry bid are pushing up prices, said Viljar Arakas , chief executive officer of asset manager EfTEN Capital AS.
Read more on Bloomberg

Commercial property to see valuation increase

Posted by property | Posted in Real Estate | Posted on 07-06-2010-05-2008

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Commercial property to see valuation increase
Valuation notices have been sent out in Scotts Bluff County, and more than 600 commercial properties will see their property value increase by at least ,000 this year.
Read more on Scottsbluff Star-Herald

First Property Acquisition for New Rencore Resources
TORONTO, ONTARIO– (Marketwire – June 7, 2010) – Rencore Resources Ltd. (formerly Kermode Exploration Ltd.) (” Rencore ” or the ” Company “), following its name change and new management direction resulting from the Annual General and Special Shareholders Meeting held on June 1, 2010, is pleased to announce its first mineral property acquisition. For staking costs and a finder’s fee of 25,000 …
Read more on Marketwire

Positive returns for commercial property

Posted by property | Posted in Real Estate | Posted on 03-06-2010-05-2008

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Positive returns for commercial property
The commercial property sector is cautiously welcoming a sign of a recovery in industrial and retail property but the office sector remains the industry laggard, still reporting negative returns.
Read more on Timaru Herald

Property buyers ‘overcharged by £30m during boom’
Property and land buyers have been overcharged by £30m for registering sales in the last seven years, a damning inspection report has found. Related Stories Cumbria gunman: Did attack turn him into a killer? Cumbria horror: 12 dead in killing spree Cumbria gunman: Did beating turn him into a killer? Warship in Belfast for maritime event Cumbria horror as people flee gunman’s path
Read more on Belfast Telegraph

JBS wants property value reduced
Grand Island’s largest employer is seeking a major cut in its property valuation.
Read more on Grand Island Independent

Effort to Cut Property Tax Fails
An effort to save you some money on your property taxes failed today at the Shelby County Commission. On the table was a tax cut, lay-offs, and delayed raises. But, by the end of the day, most of the commissioners wanted to go back where they started. And that was with Interim County Mayor Joe Ford’s proposed balanced budget.
Read more on FOX 13 Memphis

Commercial property gains ground

Posted by property | Posted in Real Estate | Posted on 03-06-2010-05-2008

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Commercial property gains ground
The commercial property sector has recorded a positive annual return for the first time since 2008, but the European debt crisis could slow the pace of growth, experts say.The Property Council/IPD index to March 2010 shows annual…
Read more on The New Zealand Herald

Property Appraisal Protest
CORPUS CHRISTI – A Corpus Christi man is protesting his latest property tax appraisal. Doctor Gary Sanderstein owns two properties on Green Grove and Horne and he says when he received his 2010 tax appraisals on them there was a *substantial increases from last year. In 2009,one property was valued at a little more than ,000. The new appraisal says the property is worth more than 8,000 …
Read more on KRIS-TV Corpus Christi

Live clinic: Property market
Confused by the property market? Getting mixed messages from the house price indices? Put your questions to our panel of experts who will be live online at 1.00pm on Wednesday 2 June It is hard to fathom what is happening in the housing market right now. House prices still seem to be going up, despite analysts’ best predictions, while the amount of money being lent has dropped like a stone …
Read more on Guardian Unlimited

Push on to save former Trillium property on Whidbey Island
Salmon berries, flowers and several different types of trees all thrive on the former Trillium property on Whidbey Island, but maybe not for long. The natural wonder could get dug up and developed into housing.
Read more on KOMO Seattle

Commercial property bad debts weigh down banks

Posted by property | Posted in Real Estate | Posted on 31-05-2010-05-2008

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Commercial property bad debts weigh down banks
THE weak commercial property sector is continuing to cause concern among the country’s biggest banks, which have 0 billion in loans exposed to the vagaries of the industry’s recovery.
Read more on Business Day

Property market surges as Hips axed
Property website Rightmove has become the latest group to say it had seen a surge in properties coming on to the market following the abolition of home information packs (Hips). Related Stories Lucky escape for car plunge pair Re-education for speeding drivers Lingerie tycoon Gold ties the knot More beaches make ‘excellent’ grade PM vows more openness in government
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Property market surges as Hips axed
Property website Rightmove has become the latest group to say it had seen a surge in properties coming on to the market following the abolition of home information packs (Hips).
Read more on Channel 4

The Hignell Companies Gain Commercial Property Management Ground in Oroville

Posted by property | Posted in Real Estate | Posted on 28-05-2010-05-2008

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The Hignell Companies Gain Commercial Property Management Ground in Oroville
The Hignell Companies announce the expansion of their portfolio with a new commercial property management opportunity in Oroville. (PRWeb May 28, 2010) Read the full story at http://www.prweb.com/releases/Hignell_Companies/Oroville/prweb4062184.htm
Read more on PRWeb

Some commercial property values adjusted, commissioners hear

Posted by property | Posted in Real Estate | Posted on 19-05-2010-05-2008

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Some commercial property values adjusted, commissioners hear
Adjustments to values were made about 50 percent of the time after property tax appeal hearings were held with owners, and a number of those adjustments have come on the commercial property side, County Appraiser Rod Broberg told county commissioners at their weekly meeting Tuesday.
Read more on Salina Journal

Lawsuit challenges DeWitt property tax levy, claims excessive reserves
CLINTON – A judge could rule on Friday on a lawsuit that may affect property tax bills in DeWitt County. Earlier this year Kenney resident Bill Spencer filed a suit in DeWitt County Court seeking an injunction against million in taxes levied by the DeWitt County Board for collection this summer. read more
Read more on The Champaign News-Gazette

HVS Launches Property Tax Services: Assisting Hotel Owners in Lowering Expenses During this Current Economy
“HVS Property Tax Services has been formally established to meet the increasing demand of hotel owners seeking to reduce their property tax expense during the current economic climate,” explains Rushmore. “This new HVS division will specifically assist hotel owners and operators in analyzing their overall tax burden, and then represent them in the appeal process. HVS’s experience in property tax …
Read more on Hospitality Net

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