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REAL ESTATE TRANSFER TAX

I had written previously about a Real Estate Transfer Tax (RETT). This is a tax that may be imposed by states, parishes or municipalities upon the Act of Sale and transfer of ownership of real estate within the proposed jurisdiction. Real Estate Transfer taxes can vary across the country from very small (.01% in Colorado) to fairly large (4% in Pittsburgh)…

New Report: CRE Remains Preferred Asset Class Despite Economic Upheaval

NEW YORK – Commercial real estate, particularly the multifamily market, won’t be as severely impacted as other sectors by the recent economic slowdown, Standard & Poors’ downgrade of the U.S. credit rating and turmoil in global financial markets, according to a new report by CB Richard Ellis Group Inc.

2011 Smart Growth Summit

Baton Rouge-based DIG Magazine’s latest cover story, Up or Out: Grow Forth and Prosper, focuses on the 2011 Smart Growth Summit and varying perspectives on what Smart Growth could mean for the Capital City.

Federal Agencies Propose Credit Risk Retention Requirements

CCIM Institute submitted a letter on July 29, 2011, to six federal agencies (Securities and Exchange Commission, Office of Comptroller of the Currency, Federal Reserve System, Federal Deposit Insurance Corp., Federal Housing Finance Agency, and Department of Housing and Urban Development) commenting on a proposed rule on credit risk retention.

ROI Check-up

Many investors ignore the return on investment that property condition assessments often can deliver…

Employers Are Occupying More Space

In a sign the economic recovery’s recent stumbles may be Spilling over into the real-estate market, employers took on less office space during the second quarter than earlier in the year…

Development Accelerates Along I-12

After an economic winter, shoots of business life in recent months have burst forth along the Interstate 12 corridor in Livingston, Tangipahoa and St. Tammany parishes…