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Commercial Construction Real Estate Trends from ICSC 2014

HardHatChat

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.

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Green Building Bonds as a Game Changing New Source of Capital

Green Building Law Update

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.

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Housing’s Great Rethink: Workforce Development Takes Center Stage

Pro Builder

The construction industry is also dealing with what has been a 25-year erosion of vocational training and in-school programs, as well as some bitter critics from within its own ranks who effectively shrink the pool of (mostly younger) workers by dissuading them from considering construction jobs as an avenue to job security and fulfillment. “Low

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Steady Optimism Among U.S. Commercial Real Estate Executives, Increased Investor Appetite

Buisness Facilities Contributed Content

commercial real estate financing in 2014. REITs are expected to continue to serve as a leading source of real estate debt and/or equity funding while banks also are projected to boost funding in 2014. Confidence in the banking industry as a primary source of commercial real estate financing has increased by 34% since 2011.

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Oregon Incentives and Workforce Development Guide

Buisness Facilities Contributed Content

Oregon Business Development Fund (OBDF): A revolving loan fund that provides term fixed-rate financing for land, buildings, equipment, machinery and permanent working capital. Express Bonds: are placed with the borrower’s bank; and . They provide long-term financing for land, buildings and equipment. loan origination fee.

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Legal Documents Required for Purchase of Property

CivilJungle

The mother agreement is known as the parent agreement for land ownership, and the mother agreement offers the facts about the actual land and works as an essential certificate in case of retail of the land. If you are buying a resale property, ask for a copy of receipts from the seller to be produced to the bank. Conversion Deed.

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Snapshots: 60 Seconds… With Michael Finney, President And CEO, Michigan Economic Development

Buisness Facilities Contributed Content

MF: The program is open to virtually all business expansions with the exception of retail and retention projects. We give preference to businesses that need assistance for deal-closing or those second-stage companies that need gap financing. CRE teams include site selectors, facility managers, finance and IT experts.