|
|
|
|
|
Volume 3 - Number 16 | August 28, 2006
|
TOP STORY: FASB to Reconsider Changes That Could Affect Sale-Leasebacks
By Erika Morphy
The Financial Accounting Standards Board (FASB) will be reconsidering the current accounting standards for leases over the next year, with a possible decision to be announced in 2008. The new regulations could dramatically affect the financial underpinning of sale-leaseback transactions as well as valuations for other real estate transactions.
|
|
Analysts Predict Strong Hotel Investment for Second Half of 2006
By Alex Finkelstein
Major hotels in 52 monitored markets are at or near the industry’s peak operating and investment levels. Barring catastrophic global events, they will remain there for the rest of the year, according to research from Atlanta-based PKF Consulting.
|
|
More Companies Consider the Economics of Buying Land for Development
By Erika Morphy
As cap rates continue to decline, especially in tight markets, more companies are turning to development as an option to buying an existing property. That at least is ProLogis’ game plan for the Washington, DC area, according to Mark Levy, vice president and Baltimore/Washington DC market officer.
|
|
Insider: KBS Capital Markets Group's Pat Miller
By Erika Morphy
Since it was established at the beginning of this year, Newport Beach, CA-based KBS REIT has hit a number of milestones in rapid succession. It has raised approximately $12 million in capital. It recently closed on two assets in New York and Florida and is positioned in the next few weeks to close on a third transaction in St. Louis.
|
|
|
|
|
|
|
|
|
