Newsletters
January 2012
Ownership can benefit tenants Low interest rates do not just benefit home owners. Small business owners can take advantage of these historic lows, as well as compelling finance plans from the Small Business Administration, to transform their commercial real estate lease into a long-term positive asset through ownership. Assuming that the purchasing scenario is a [...]
Read more
December 2011
The outlook for the 2012 commercial real estate market seems to be favoring the higher-end properties in major markets. In the Triangle, we should see moderate growth on the back of our tech-oriented work culture and the continuing stream of young talent flowing from our world-class university base. Markets with strong tech sectors, like San [...]
Read more
November 2011
We should express our thanks more often than we do, at least more frequently than once a year. I don’t mean in general instances of being polite, which I think most people do pretty well here in the Triangle. I mean we should look around—every day—to offer a quick, quiet thanks for everything that helps [...]
Read more
October 2011
Embracing Social Media It’s hard to talk about social media without sounding cliche or trendy. Sure, it’s changing things, but really, what role does it play in business? Well, as it turns out, social media plays a big role in business today. And it’s something Rich Commercial Realty and to a larger extent, Keller Williams, [...]
Read more
September 2011
Time to prepare for changes to lease accounting standards. The Financial Accounting Standards Board announced last year that it was considering changes to the way all companies, private and public, account for their commercial real estate leases. The suggestion, which is now approved and in its official comment period (the International Accounting Standards Board is [...]
Read more
August 2011
Don’t let landlords know too much when touring space; and Rich Commercial welcomes new broker. Finding new office space needs to be approached in a very business-like manner. While it can be fun at times to poke around nice new offices and imagine all the new things you can offer your employees, touring potential offices [...]
Read more
July 2011
Preparing for the unpredictable The Triangle is not immune to natural disasters, a very unfortunate lesson we were reminded about a few months ago when a wave of tornadoes swept across our communities. Those of us who have been living and doing business here for a while all too vividly remember Hurricanes Fran and Floyd. [...]
Read more
June 2011
It’s all relative It is the nature of complex markets to provide real estate professionals and business leaders with confusing information. Our current market is no exception, both locally and nationally. It is times like this when brokers really earn their stripes. And despite my tenure in the profession, I still find myself challenged every [...]
Read more
May 2011
Red Week shows passion for volunteerism
Every year, Keller Williams celebrates Red Day, a company-wide movement to better the communities in which our agents work and live. Given the nationwide reach of our company, projects take every shape and help just about any cause one can dream up. The point is to simply give back and pay forward. I’m glad to be part of a company that expresses this kind of gratitude to the cities and towns in which it is a corporate citizen.
Read more
April 2011
Time to get out there and do some business!
We in the business world often have to fight the mental aspects of an economic slowdown. That is to say, we let fear challenge our business instincts. Risks, once considered smart, suddenly become definitive refusals. Capital expenditures are put on hold and we hunker down to ride it all out.
But for how long should we let the storm whip our sails? At what point do we decide to once again step back on to the deck and right the ship? For us here at Rich Commercial Realty, that time is now. We’re taking a firm stance on the condition of our market and declaring it safe to come out and get back to trusting our instincts.
Read more
Wall Street Journal Commercial Real Estate News
- Less Building Now, Higher Office Rents Later February 6, 2012Office-building construction is in the midst of a severe drought. This means higher rents may be on the horizon in some cities, if history is any guide. […]
- Plots & Ploys: Touchdown Before Kickoff February 2, 2012Regardless of whether the New York Giants or the New England Patriots win Super Bowl XLVI on Sunday, a prohibitive favorite has emerged: Indianapolis-area hotels. […]
- Home Shortage in London to Worsen February 1, 2012London looks likely to experience a drought of new housing over the next few years, as construction of homes amid fears of renewed recession and a dearth of mortgage finance, a report from property consultant suggests. […]
- Two Office REITs Post Higher Earnings February 1, 2012Boston Properties Inc. and SL Green Realty Corp. reported stronger-than-expected quarterly earnings, a sign that the nation's largest office landlords have been able to boost revenue despite tepid job growth. […]
- Goldman to Fight Over Hancock February 1, 2012A Goldman Sachs Group Inc. real-estate fund that has walked away from a number of struggling investments is taking a different approach with a Chicago skyscraper, deciding to fight its creditors rather than surrender ownership of the building. […]
- Blackstone Spies Retail Recovery February 1, 2012Blackstone Group's $11 billion bet on retail property is showing signs of paying off. […]
- Cost of Trade Center Tower Rises January 30, 2012The price tag for One World Trade Center, the signature skyscraper under construction at Ground Zero in New York, has risen to more than $3.8 billion, making it by far the world's most expensive new office tower. […]
- Developer Makes a Fresh Start January 25, 2012The family behind Opus, once one of the largest private developers in the country, is making a comeback after settling battles with creditors and former employees. […]
- Lehman to Block Zell's Archstone Deal January 23, 2012The estate of Lehman Brothers Holdings Inc. is planning this week to use $1.33 billion in cash to buy a 26.5% stake in apartment giant Archstone. […]
- Lehman's Estate Gets Montana Resort January 23, 2012The estate of Lehman Brothers Holdings Inc. is now the owner of a Montana ski and golf resort, after assuming control of the assets of Moonlight Basin Ranch LP. […]