Not exact matches
And despite a holiday shopping season in which spending is expected to rise sharply, 2018 could be worse,
says Garrick Brown, a retail and
real estate analyst at Cushman & Wakefield — with department stores high on many pessimists» watch lists.
In addition to expected operational savings of about $ 100 million and a portfolio of prime U.S.
real estate, one
analyst said the deal will give HBC (TSX: HBC) greater fashion credibility.
Barry Nabatian, a retail
analyst and director at Shore - Tanner & Associates,
says the Rideau Centre is prime
real estate, generating $ 1,000 in annual sales per square foot.
With a strong pro-business message, Johnson could eventually could emerge as the third — party candidate who grabs votes from either former Secretary of State Hillary Clinton or
real —
estate magnate Donald Trump, the respective presumptive Democratic and Republican candidates, political
analysts say.
The value - add model has been an increasingly popular and lucrative one in many regions of the country in recent years,
says Jack Mulcahy, a credit risk
analyst at CoStar, a commercial
real estate market research firm.
«Foreign capital remains active in its pursuit of high - quality hotel brand and
real estate investments,» David Loeb, a senior lodging
analyst at Robert W. Baird & Co.,
said in a research note Monday.
Tim Hortons, which reported first - quarter revenue and net income below
analysts» estimates today,
said on its earnings call that it was committed to the U.S. market, sees potential to add debt to its balance sheet and rejected the idea of transferring its
real estate to a
real estate income trust.
Institutional investors have purchased as many as half the homes for sale in some cities in the past year,
says Florida
real estate analyst Jack McCabe, sometimes paying as much as 25 per cent over market value.
Statistics that
say housing prices have continued to rise modestly or have fallen only slightly are deceiving,
say some
real estate analysts, because the stats don't reflect houses that sit on the market for months because their owners refuse lowball offers.
«It's not hands - off,»
says Don Campbell, author and senior research
analyst at the
Real Estate Investment Network, an educational and research company.
It's also generally more affordable, Alex Avery,
real estate analyst and bestselling author of The Wealthy Renter,
says.
«Commercial
real estate is all about supply and demand, and industrial supply has been very disciplined,»
said Ross Smotrich, an
analyst at Barclays Capital Inc. in New York.
Although the sales tax seems to be a simple way to fix a complex federal tax system, there are provisions that could hurt homebuyers, homesellers, and
real estate practitioners,
say analysts at the National Association of REALTORS ®.
Indeed,
says Richard Moore,
real estate analyst for KeyBanc Capital Markets, «I'm not sure that Simon and General Growth being as big as they are really matters to the other guys.»
«What they've done is somewhat unprecedented,»
said Mitch Germain, a
real estate analyst with JMP Securities LLC in New York.
«The theme going forward is that REITs are going to hunker down and find revenue from other sources and prove themselves by posting a strong performance,»
says Mark Zeisloft, a vice president and retail REIT
analyst with RREEF
Real Estate Securities in Chicago.
«
Real estate is a demanding profession — one that requires agents to be advisors and consultants, negotiators, statisticians and market
analysts, marketing experts and effective facilitators,»
says Linda Smardon, a past president with NSAR and a mentor in the program.
NAR
analysts say the change in oversight won't by itself change settlement services requirements, as the law includes a well - defined firewall between financial services practices and
real estate brokerage.
One thing that's certain, though, is the healthy position of
real estate to weather whatever the economy whips up,
analysts say.
The
real reason these companies have been compelled to
say adios to Latin America is homegrown: investors and
analysts have made it clear they prefer U.S. REITs to invest in U.S.
real estate.
In addition, according to
says Rich Moore, an
analyst with RBC Capital Markets, Rufrano's familiarity with the U.S.
real estate market is seen as an added incentive.
But buying Ramco would also force Equity One to take on $ 670 million in additional debt and possibly eat into its cash reserves, which at the end of last year totaled just $ 5.4 million,
says Jason Lail, senior
real estate analyst with SNL Financial LC, a Charlottesville, Va. - based research firm.
Under the legislation,
real estate practitioners who, in good faith, market a property as meeting the 55 - and - over exemption of the federal Fair Housing Law will not be liable for monetary damages if the property is later determined not to quality for the older person's exemption, NAR
analysts said.
«This is going to be a challenging year for the senior housing REITs,»
says Andrew Suh, a seniors housing REIT
analyst at Green Street Advisors, a
real estate research firm based in Newport Beach, Calif..
NAR
analysts say the regulations, which stem from the federal
Real Estate Settlement Procedures Act, would affect real estate companies affiliated with other settlement services, such as mortgage lending and title insurance, and those that use computerized loan origination systems (CL
Real Estate Settlement Procedures Act, would affect real estate companies affiliated with other settlement services, such as mortgage lending and title insurance, and those that use computerized loan origination systems (
Estate Settlement Procedures Act, would affect
real estate companies affiliated with other settlement services, such as mortgage lending and title insurance, and those that use computerized loan origination systems (CL
real estate companies affiliated with other settlement services, such as mortgage lending and title insurance, and those that use computerized loan origination systems (
estate companies affiliated with other settlement services, such as mortgage lending and title insurance, and those that use computerized loan origination systems (CLOs).
That promises to help him build bridges to the
real estate industry,
say NAR
analysts.
Real estate interests hope to move the commercial provisions this year,
say NAR
analysts.
That flatness in total returns comes as the industry fundamentals remain quite healthy,
says David Loeb, senior
real estate analyst for Robert W. Baird & Co., an investment bank in Milwaukee.
Modeled on the Certified Financial
Analyst program, Wratten
says CRI was created to make sure that as more
real estate investment shifts to publicly held entities such as REITs and CMBS debt, the investors placing that money have the analytical skills to do the job right.
WASHINGTON, D.C. — Controversial tax cut legislation, which contains important
real estate provisions such as a reduction in the personal capital gains tax rate and gradual elimination of
estate taxes, is headed for a presidential veto, NAR
analysts say.
«We were impressed both with geoVue's highly experienced
analysts and its superior software,»
says Rich Buxton, executive vice president of
real estate development, CKE.
«Bank entry into the
real estate brokerage business [would become] inevitable,»
says Jaret Seiberg, a financial
analyst with the Stanford Washington Research Group.
Although there is no direct correlation between single - family sales and commercial
real estate,
analysts say there is a psychological link.
As our legendary home sales boom eases — existing - home sales are expected to dip 2.4 percent this year —
analysts are tripping over themselves to
say real estate will lose its attraction as an investment compared with stocks and bonds.
«The retail sector is still beaten down from the past,»
says Clint McDonnough, an
analyst in the Dallas office of San Francisco - based E&Y Kenneth Leventhal
Real Estate Group.
The reform measures in the bill would put owners»
real estate assets in a better position when tenants or owners file for bankruptcy, NAR
analysts say.
«If the rules of the game they have been playing for 30 years might change, that gives investors pause,»
said Dave Bragg, an
analyst at Green Street Advisors LLC., a Newport Beach, California - based
real estate research firm.
The association
says its
analysts on staff will closely examine the facts of these cases and build on existing guidance for
real estate professionals for how to best comply with RESPA.
That effectiveness is best measured over the long term, because building a constructive legislative environment for
real estate is an ongoing task,
say NAR
analysts.
«Both the volume and pace of new unit construction has been a concern in the multifamily space this year,»
says Camilla Yanushevsky, senior
analyst of
real estate product operations for S&P Global Market Intelligence.
«I didn't see much of a change in their strategy at all,»
says Lou Taylor, a senior
real estate analyst at Deutsche Bank Securities in New York.
But with little appetite among members of Congress to open debate over changes to the MID and other tax provisions affecting
real estate, the issue should remain quiet through 2006 at least, NAR
analysts say.
«Street retail was the golden goose,»
said Alexander Goldfarb, an
analyst covering
real estate investment trusts at Sandler O'Neill & Partners.
This preference was clear in the results of a LeadingRE - commissioned survey of more than 3,000 U.S. homeowners, conducted by McKee Wallwork + Co. and Decision
Analyst, with more than 88 percent of respondents
saying they preferred working with an agent from a «well - known, local
real estate company,» while just 12 percent preferred those affiliated with a national franchise.
Real estate investment trusts including Retail Properties of America Inc., DDR Corp. and Kimco Realty Corp. are candidates to purchase some of the spaces in primary and secondary markets because many already operate similar properties, the
analysts said.
With this first installment of the
real estate business survey, NAR is set to track practitioners» changing views on residential market conditions, yielding a valuable tool for analyzing business growth,
say NAR
analysts.
He's a key
real estate ally in Congress,
say NAR
analysts, so they'll be watching his Senate bid carefully.
Cutting capital gains without also cutting the depreciation recapture rate would be tantamount to a tax rate increase for
real estate, NAR
analysts say.
Because these events aren't necessarily tied to the economic cycle, the industry «isn't recession - proof, but it is recession - resistant,»
says Ryan Burke, an
analyst at
real -
estate research firm Green Street Advisors.
Andrew LePage, an
analyst with San Diego - based
real estate information firm DataQuick,
said the lack of move - up buyers can easily be detected by looking at what's happened to sales of homes in the $ 250,000 - to - $ 600,000 range.