Commercial Real Estate. Legal news and articles for August 11 - 14, 2016

Donald Trump's Possible $0 Tax Bill - That's Why People Do Commercial Real Estate DevelopmentFeds expand hunt for laundered money to pricey Bay Area homesForeign investors turning more attention to FloridaAgellan Commercial Real Estate Investment Trust Releases Second Quarter 2016 ResultsAgellan Commercial Real Estate Investment Trust Releases Second Quarter 2016 ResultsAgellan Commercial Real Estate Investment Trust Announces US$15.8 Million U.S. Property AcquisitionAgellan Commercial Real Estate Investment Trust Announces US$15.8 Million U.S. Property AcquisitionCommercial Real Estate Marketing Co-Op Launches; Proceeds Go to CharityMIBW 2016: Danette Davis, partner, DentonsBrash Trump Disciple Shakes Up Miami's Luxury Real-Estate MarketDorsey & Whitney expands real estate and land use groupPhoenix-area real estate: One broker, one week, $10M in salesPrivate equity firm enters Phoenix real estate marketDorsey Continues to Expand Its Real Estate Group in MinneapolisThe risks of inheriting contaminated real property

Top Picks in News

PricewaterhouseCoopers to move Milwaukee office to 833 East
Milwaukee Business Journal (blog)August 1, 2016

PricewaterhouseCoopers in December will move its downtown Milwaukee offices to the 833 East building on the lakefront. The accounting firm leased the entire 12th floor, or 26,300 square feet, in 833 East on East Michigan Street, said Mike Wanezek, vice ...more »

Crowdfunding and Real Estate: What You Need to Know
RisMedia.com (press release)August 4, 2016

Congress made this practice legal in the Jumpstart Our Business Startups (JOBS) Act of 2012, Title III, which allows for equity crowdfunding when conducted by a licensed broker-dealer or via a registered funding platform. Through this type of ...more »

Commercial Real Estate. News and Stories

Donald Trump's Possible $0 Tax Bill - That's Why People Do Commercial Real Estate Development
ForbesAugust 14, 2016

Others here will tell you more about the tax laws and whether this is possible or even true. But there's an economic ... That point being that if the NYT's contention were true then no one would ever do commercial real estate development. Yet we can ...more »

Feds expand hunt for laundered money to pricey Bay Area homes
San Francisco ChronicleAugust 13, 2016

A home in the Mission District reportedly owned by Facebook CEO Mark Zuckerberg was purchased through a limited liability company. The federal government wants to know who's behind shell companies that buy ... 28, title insurance companies must ...more »

Foreign investors turning more attention to Florida
The LedgerAugust 12, 2016

Foreign investment in U.S. commercial real estate totaled $75 billion in 2015, more than twice the amount seen 10 years earlier, said Brian Bailey, senior financial policy analyst for commercial real estate at the Federal Reserve Bank of Atlanta, who ...more »

Agellan Commercial Real Estate Investment Trust Releases Second Quarter 2016 Results
Yahoo FinanceAugust 12, 2016

The foregoing NOI, FFO and AFFO growth during the three and six month periods ended June 30, 2016 is attributable to improved operating fundamentals, such as increased leasing activity and rental rate growth arising from both the REIT's U.S. and ...more »

Agellan Commercial Real Estate Investment Trust Releases Second Quarter 2016 Results
Business Wire (press release)August 12, 2016

TORONTO--(BUSINESS WIRE)--AGELLAN COMMERCIAL REAL ESTATE INVESTMENT TRUST (the “REIT”) (TSX:ACR.UN) is pleased to report its financial results for the three and six month periods ended June 30, 2016. All dollar amounts (except per Unit ...more »

Agellan Commercial Real Estate Investment Trust Announces US$15.8 Million U.S. Property Acquisition
Yahoo FinanceAugust 12, 2016

Agellan Commercial Real Estate Investment Trust (the “REIT”) (ACR-UN.TO) announced today that it has entered into an agreement to purchase two multi-tenanted light industrial properties located in Atlanta, Georgia (“Norcross Springs”). Norcross Springs ...more »

Agellan Commercial Real Estate Investment Trust Announces US$15.8 Million U.S. Property Acquisition
Business Wire (press release)August 12, 2016

TORONTO--(BUSINESS WIRE)--Agellan Commercial Real Estate Investment Trust (the “REIT”) (TSX: ACR.UN) announced today that it has entered into an agreement to purchase two multi-tenanted light industrial properties located in Atlanta, Georgia ...more »

Commercial Real Estate Marketing Co-Op Launches; Proceeds Go to Charity
Yahoo FinanceAugust 12, 2016

12, 2016 /PRNewswire/ -- SpaceShifter.com launches as the first online resource of its kind connecting commercial real estate brokers, landlords and companies seeking space while raising money for charity. It is an affordable, user-friendly Digital ...more »

MIBW 2016: Danette Davis, partner, Dentons
St. Louis Business JournalAugust 12, 2016

Davis' love of real estate and business law brought her to Dentons in 2010, where she is currently a partner and a member of firm's real estate practice. In the role, she focuses on complex real estate issues, including development and construction, ...more »

Brash Trump Disciple Shakes Up Miami's Luxury Real-Estate Market
BloombergAugust 12, 2016

On a swampy summer afternoon, Gil Dezer led a tour of his latest exercise in excess, a condo tower with smartphone-controlled elevators that will whisk both residents and their vehicles home. He made a detour to another project, touting its hurricane ...more »

Dorsey & Whitney expands real estate and land use group
Minnesota LawyerAugust 11, 2016

Meyer – previously a partner at Lindquist & Vennum – focuses his practice primarily in real estate and commercial lending. He represents developers, sellers, purchasers, landlords and tenants in all aspects of real estate law, including financing ...more »

Phoenix-area real estate: One broker, one week, $10M in sales
Phoenix Business JournalAugust 11, 2016

Beau Flahart, an advisor with SVN Desert Commercial Advisors in Phoenix, has brokered two shopping center sales totaling $9.5 million. They both closed this week. Flahart helped negotiate the $7 million sale of the Village Grove Plaza in Mesa.more »

Private equity firm enters Phoenix real estate market
Phoenix Business JournalAugust 11, 2016

A St. Louis-based private equity firm has hired a commercial real estate executive with a $5 billion portfolio under his belt and is entering the Phoenix market. ElmTree Funds has hired Michael Carreon as vice president of acquisitions. Carreon will ...more »

Dorsey Continues to Expand Its Real Estate Group in Minneapolis
Business Wire (press release)August 11, 2016

MINNEAPOLIS--(BUSINESS WIRE)--International law firm Dorsey & Whitney LLP announced today that it continues the expansion of its Real Estate & Land Use practice group in its Minneapolis office with the addition of partners LB Guthrie and David Meyer ...more »

The risks of inheriting contaminated real property
Buffalo Business First (blog)August 11, 2016

All too often, however, the environmental risks associated with the inheritance of commercial property or businesses are not adequately considered during the estate planning process. Dad passes, leaving ... Mom passes, and leaves the family metal ...more »

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