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If you are a player in the retail world, odds are you spent a few days in Las Vegas last month at ICSC’s “ Global Retail Real Estate Convention ” (RECON). It’s always an exciting event for the retail real estate industry. Here are my three takeaways for retail construction trends from RECON 2014: Money is out there.
What are Today’s Best New Retail Developments? With the way the commercial real estate market has been the last several years, people are looking to commercial construction experts for the best construction tips on how to proceed with a successful new retail development. Restaurant. Shopping Center. Hospitality. Office/Industrial.
The tone of the attendees at ICSC’s “Global Retail Real Estate Convention” (RECon) in Las Vegas last month was as positive and energizing as it was in the commercial construction boom years before 2008. Retailers are starting to feel more confident and expansions are on the horizon. Business is good. Overall, confidence is high.
Value-based retailers like hhgregg, Ross Dress for Less and Savers should experience construction growth in 2012. It’s that time of year when our team predicts the 2012 commercial construction trends – from what’s on tap for Chicago retail construction to national restaurant construction and hospitality construction.
Technology Aiding Construction Finance Professionals. An insightful recent article in Construction Executive , authored by one of Viewpoint’s technology partners, Nvoicepay, highlights many of the different ways modern technology and software solutions are helping construction finance professionals do their jobs better.
Low-hazard industries like retail, real estate, and finance may get a pass. The updated OSHA 300 Log requirements target high-hazard industries (think Construction, Oil and Gas, Manufacturing, Healthcare). If you have 100 or more employees, these changes are headed your way. Not all industries are in the mix, though.
They include Adrian Smith and Gordon Gill''s whimsical Dancing Dragons tower in Seoul and a 1,312-foot-tall finance and trade center under construction in Nanning, China. On the Drawing Board Education Facility Government Buildings Multifamily Housing Construction Office Building Retail Centers High-rise Construction'
Robert’s role on the holding company board will see him take overarching responsibility for the Group’s Finance, IT, HR, Property and ESG strategies, and lead its team of experienced directors including Richard Orme, who was promoted to Finance Director of AFI’s UK and Middle East operations in October last year.
Value-based retailers like hhgregg, Ross Dress for Less and Savers should experience construction growth in 2012. It’s that time of year when our team predicts the commercial construction trends for the upcoming year– from what’s on tap for Chicago retail construction to national restaurant construction and hospitality construction.
But then I came across a press release while I was at Greenbuild: Destiny USA in Syracuse Aims to be America's Largest LEED® Gold Certified Commercial Retail Project; More than 100 Tenant Retail Spaces to Also be Certified.
Commercial real estate development involves the process of acquiring, designing, constructing, and leasing or selling commercial properties such as office buildings, retail centers, and industrial parks. You must secure financing for the project. Read more on the proper steps to ensure your commercial investment runs smoothly.
Retail sales of construction equipment are expected to increase by at least 3 percent in 2013, according to a survey conducted by GE Capital, Equipment Finance. Retail sales of construction equipment are expected to increase by at least 3 percent in 2013, according to a survey conducted by GE Capital, Equipment Finance.
Real Estate Investment Trusts (REITs) are owners, operators, and financers of income-generating real estate properties. Mixed-Use Developments These developments typically include a combination of residential, commercial, and retail spaces in one building or complex, and can be located in urban or suburban areas.
With 332 retail properties, the REIT''s portfolio encompasses over 43.9 While bond financing can have higher transaction costs than oft used mortgage backed loans, even in large dollar amounts as in this instance, it is significant that there was strong market demand for these unsecured bonds that drove the lower interest rates.
The size and nature of a transaction may well affect the scope of the opinion requested and in larger traditional mortgage financing as well as bond financing, lenders attribute increased value in the security being provided for loans when a building is LEED certified or the like. a mortgage) a green building.
Mike Fredricks, Fortiva Retail Credit. Research shows that more than 50 percent of all home improvement projects over $5,000 require financing, according to the Certified Contractors Network. read more.
The size and nature of a transaction may well affect the scope of the opinion requested and in larger traditional mortgage financing as well as green bond financing, lenders attribute increased value in the security being provided for loans when a building is LEED certified or the like, so they want to know the building is really green.
The size and nature of a transaction may well affect the scope of the opinion requested and in larger traditional mortgage financing as well as green bond financing, lenders attribute increased value in the security being provided for loans when a building is LEED certified or the like, so they want to know the building is really green.
A case for mid-rise: How multifamily housing can reshape our cities 0 qpurcell Mon, 10/28/2024 - 11:01 Multifamily Housing Often referred to as “five-over-ones,” the mid-rise apartment type is typically comprised of five stories of apartments on top of a concrete “podium” of ground-floor retail. in recent years.
That’s changing as businesses everywhere — from online banking to retail and entertainment to software to even tasks like grocery shopping are moving to online operating environments. At Viewpoint, we know the construction industry. That’s because construction software is all we do — for 40 years now.
But the retail rate is at an actual loss to the monopoly utility. One day after the vote, on December 23 SolarCity announced that it was quitting sales and installation activities in Nevada, effective immediately. Net metering programs that exist today are a regressive income redistribution in support of a greater political goal.
Retail accounts for more than $2 trillion in total GDP impact with consumer spending accounting for more than two-thirds of the U.S. The Tarpon Point Resort at Marina Village is home to a number of upscale retail shops and restaurants. By the BF Staff From the March/April 2016 Issue. Credit: City of Cape Coral). percent.
Financing is another concern. As mixed-use developments become more popular, lenders become more willing to finance these projects. But they’re still comparatively more difficult to finance. For more information on how to approach financing your construction project, read our construction financing guide.
In 2007, the Destiny USA project qualified for $238 million in tax-free financing through the Green Bonds program. " To support the project, the developer applied for a $2 billion Green Bonds program that Congress passed in 2004. Furthermore, it appears that the building itself will not be obtaining LEED certification.
Ralph Korte and Joe Glik, stewards of their own construction and retail legacies respectively, first crossed paths in the early 1970s. After building Glik’s retail locations in Missouri and Illinois across four decades, The Korte Company took on an even bigger venture for this century-old retailer: A new 50,000-square-foot headquarters.
LBX Company LLC announced the formation of LBX Capital, a financial services organization that will provide retail and wholesale financing exclusively for Link-Belt excavators, material handlers and forestry machines in the U.S.
Developed by Poly Real Estate Group, the complex, called Rosewood Sanya and International Finance Forum , features a 729-key resort hotel and serviced apartment tower, a 28,000-sm International Finance Forum convention center, a series of connecting retail buildings, and a modest visitors center. Body Image: read more.
GE Capitals RetailFinance business is among the countrys most successful retail lenders, with more than 75 years of experience in consumer financing. The business, with its lending entity GE Capital Retail Bank, provides customized credit.
Helaba continues to demonstrate its commitment and support to this market, our product and the sponsorship,” said Leslie Furst, senior vice president of finance for Kettler. Green Specifications Sustainable Development Retail Centers High-rise Construction'
Serving automotive finance companies in six countries, BookItOut has opened its newest location in New York City. The expansion into Lower Manhattan positions BookItOut among the world’s largest financial institutions as its influence grows in the automotive finance industry. Posted by Heidi Schwartz.
” The industries reporting an increase in employment in November — listed in order — are: Transportation & Warehousing; Retail Trade; Information; Management of Companies & Support Services; Wholesale Trade; Public Administration; and Finance & Insurance.
Fair market values (FMV), forced liquidation values (FLV), and orderly liquidation values (OLV) are the three most common values used in equipment finance. This is in contrast to FMV and FLV, which are tied to the retail and auction channels respectively. And, there has been no clear standard within the industry for calculating OLV.
maker of apparel exclusively for babies and young children, has announced plans to consolidate its retail store and financial operations currently managed in its Shelton, CT facility with the Company’s Atlanta, GA-based operations. Source: Carters.com. Carter’s, Inc.
Cbre.com 2 identifies strength in retail (with price adjustments), industrial/logistics space, multifamily housing in downtown locations, and single-family rentals in the suburbs. Financing Help. Additionally, people are returning to the office, some full-time and some hybrid. So, there are opportunities available.
The program is initially available in Washington, Virginia, and Tennessee, where the online retailer has major hubs. Housing Policy + Finance. Housing Policy + Finance. New-Home Sales. Human Resources.
Retailers and wholesalers do their best to buy low and sell high. In economics jargon, the “street” prices paid by builders are “sticky.” This phenomenon is largely a result of dealers’ inventory carrying costs and potentially significant differences between the price at which inventory is bought and sold. For more, visit nahb.org.
CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.
“The projects supported by the Commonwealth Financing Authority (CFA) will help businesses and school districts save collectively on their utility costs and reduce their environmental impact,” said Corbett. Mid Atlantic Wind Power Blog-May-2013 CNG Commonwealth Financing Authority Funding Grants LNG Natural Gas'
The five industries reporting slower deliveries in April are: Agriculture, Forestry, Fishing & Hunting; Retail Trade; Health Care & Social Assistance; Professional, Scientific & Technical Services; and Transportation & Warehousing. Ten industries reported no change in supplier deliveries in April compared to March. .”
IRVING, Texas -- According to survey results released today by GE Capital, Equipment Finance, participants in the construction equipment industry are more optimistic about 2013, with 75 percent saying they expect retail sales of construction equipment to increase by at least three percent this year, up 10 percentage points over last year’s survey.
Helaba continues to demonstrate its commitment and support to this market, our product and the sponsorship,” said Leslie Furst, senior vice president of finance for Kettler. Green Specifications Sustainable Development Retail Centers High-rise Construction'
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