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Commercial Real Estate: It's all About Teamwork
Written by Eric Peterson   
September 13, 2012

iStock 000018491607XSmall"There is no such thing as a simple commercial real estate transaction. Creating a successful project or transaction involves a lot of disciplines."

 
NJCREA: How Teamwork Drove one “Decision”
Written by Eric Peterson   

decision-IMG 8836aA fast-paced marketing company needed more space and was looking possibly to relocate while also eyeing adjacent space for expansion. One problem: Another company, albeit troubled, was already in that space. There were also complicated design issues relating to the marketing company's operations. There were permits to be obtained, and other issues to be addressed.

 

 
Basement Under Water? One Authority Mandates New Conservative Guidance
Written by Eric Peterson   
May 09, 2012

iStock 000015824474SmallThe New York City School Construction Authority (SCA) recently released new guidance in the form of a Design Requirement Bulletin, which changes some of the groundwater design-related requirements for any new project. Although the guidance specifically involves school projects in New York City, it has relevance for almost any type of new construction including commercial real estate.

 
1 World Trade Center Project: An Inside Look from the NJCREA
Written by Eric Peterson   

Unbelievable. Breathtaking. Overwhelming. Part of history.

Those are just some of the terms used by a quartet of members of the New Jersey Commercial Real Estate Alliance (NJCREA) following a field trip to the construction site of One World Trade Center (WTC) in Lower Manhattan. In addition to the size, scope and complexity of the project, the four – Joel Ives of The Ives Architectural Studio, Jeffrey Reidl of Midland Abstract, Inc., Kevin Hansen of the Hunter Group, and James Heuer of Heuer & Co. – could relate to how all the pieces are coming together.

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On Campus: PPPs Join the ABCs on the Curriculum
Written by Eric Peterson   
February 17, 2012

montclairstate-iconSuccessful collaboration is often the key to success in commercial real estate, whether it is a public-private partnership (PPP) or an interaction between members of the New Jersey Commercial Real Estate Association. Rick Steiner of Langan Engineering & Environmental Services has experienced both.

 

 
Real Estate and Estate Planning: Are You Prepared?
Written by Eric Peterson   
January 19, 2012

estateplanningAs a commercial real estate professional, have you thought about the tax implications of estate planning and the gifting of assets you may own? It's both a business and personal matter, and one that is never too soon to address.

 
Tenant Quandary – To Move or Not to Move
Written by Eric Peterson   
November 06, 2011

signThe recent economic cycle created the dynamic of office building tenants with leases expiring, paying high pre-recession rents, and trying to decide what to do next. How that scenario plays out will have a significant impact on the market. Do those tenants move-often a traumatic event-or stay, and at what rental rate? Property owners hold the key.

 
NJCRE Today: Teaming Up to Take Advantage of the Opportunities
Written by Eric Peterson   
September 07, 2011

istock_000014236552The current economic climate speaks for itself, and the federal government's credit issues and Wall Street's swings further complicate matters. But commercial real estate marches on…with a caveat.

 
How Multifamily Weathered the Storm
Written by Eric Peterson   
March 15, 2012

house-water-smallWhile other commercial real estate sectors have been slow to rebound from the economic downturn—particularly office product—multifamily came back quickly and robustly. Investment sale pricing has been strong, and the same can be said for apartment rents. What's behind the rebound? John Taylor, managing director-multifamily finance for M&T Realty Capital Corp. provides some insight, tying the bounce-back to a combination of market-related and demographic trends.

 
A Banker’s View on the Economy: “Slow Improvement but We’re Going in the Right Direction”
Written by Eric Peterson   
February 08, 2012

uncertaintyAmid economic uncertainty, financial institutions continued to make front page headlines in the past year. With ongoing challenges in the housing market, the international debt crisis, the stream of regulations and more, what lies ahead in 2012 for banking and how will the real estate industry and the economy in general be impacted?

 
Service is the Bottom Line
Written by Eric Peterson   
November 16, 2011

iStock_000015611456XSmallService is certainly the bottom line in any business, but perhaps more so in the title business.

 
Construction Cost Estimating: The Price is Right
Written by Eric Peterson   
September 15, 2011

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Why use a Certified Professional Estimator (CPE) if you're buying or building a building?