Multistory warehouses are the only alternative for increasing last mile distribution space in highly populated urban areas as e-commerce sales increase. “The idea is to transfer goods the shortest distance possible.”
Read More
The adage of "invest in real estate because they're not making it anymore" has enticed more than a few people to buy property. There is money to be made in this alternative asset – and for the unwary, money to be lost.
That's because real estate isn't just an investment; it's a commitment, too. "If you're going to take on the responsibility of an investment property, you have to be prepared," says Nancy Doyle, author of "Manage Your Financial Life."
Read More
As head of Kaiser Permanente’s real estate division, Ethan Sullivan receives phone calls on a daily basis from developers, landowners and retail strip owners about wanting a Kaiser medical facility to anchor their properties.
But before those anxious owners get too excited, Sullivan immediately lets it be known that bringing in a Kaiser Permanente medical office or any kind of medical facility as a cornerstone of a retail strip or shopping mall is a serious commitment.
Read More
It has been estimated that more data has been generated in the last two years than in the entire span of human history. In fact, recently The Economist suggested the world’s most valuable resource is no longer oil, but data. At a time when the volume of information being generated far outpaces our ability to do something with it, there is one largely untapped supply of data that can provide a rich source of actionable information: the office building. Information gathered here can help landlords and occupiers together make better informed, more confident real estate and workplace decisions.
Read More
There has been much talk in the news of the tenant advocate groups receiving enough signatures to add a measure in this November’s ballot to repeal Costa-Hawkins. The Costa-Hawkins Rental Housing Act is a California state law enacted in 1995 that placed limits on local rent control ordinances. Costa-Hawkins did not outlaw rent control, but instead placed two main limits to municipalities that had/have rent control: 1) It exempted certain types of buildings from rent control (Single Family Residences, Condominiums and new construction), and 2) it instituted vacancy decontrol (whereby the rents of a unit subject to rent control could be brought up to market rate upon a resident moving out.
Read More
“I’m going to be one of the biggest real estate developers of all time, like what Howard Hughes is to aircraft and what Henry Ford was to cars,” West told Charlamagne as the two walked his Calabasas plot.
Read More