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Real Estate Issues

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Recommended reading: USPAP in Plain English.(Book review)
RECOMMENDED READING USPAP in Plain English By John J. Leary, CRE, FRICS, and Alberl W. Franke III (2006, Elm City Clarion Associates LLC, New Haven, Conn., 65 pages) AUTHORS JOHN J. LEARY, . . .

Environmental due diligence in the wake of the EPA's new All Appropriate Inquiry rule.(FEATURE)(Environmental Protection Agency)
AS ANY SEASONED DEALMAKER KNOWS, there are regulatory hurdles that need to be addressed before initiating any transaction. Now, we can add a new environmental regulation to the list. Purchasers of . . .

Recommended reading; The Right to Buy: Analysis & Evaluation of a Housing Policy.(Book review)
RECOMMENDED READING The Right to Buy: Analysis & Evaluation of a Housing Policy By Colin Jones and Alan Murie (2006, Blackwell Publishing Ltd., Oxford, UK, 254 pages) COLIN JONES, PROFESSOR . . .

Focus on the United Kingdom: are commercial property yields fully compressed?(INSIDER'S PERSPECTIVE)
THIS IS THE SECOND IN A SERIES OF FOUR ARTICLES providing my personal perspective on the state of the property market in the United Kingdom. The first article, which appeared in the Fall 2006 . . .

Focus on global markets: looking outside the U.S. for real estate investment.(INSIDER'S PERSPECTIVE)
THE REAL ESTATE INVESTMENT SECTOR has often been criticized for its lack of liquidity and high degree of lumpiness, transaction costs and geographic idiosyncrasies. Despite these characteristics, . . .

Floodplain development--learning from the Great Flood of 1993.(FEATURE)
NEARLY 14 YEARS AGO, THE NATIONAL NEWS WAS DOMINATED by stories of levee breaks and flooding along the Mississippi and Missouri rivers and their tributaries. In 2005, the story of the year was . . .

Land use and master planning: flexibility, vision and effective partnerships make great cities.(FEATURE)(Discussion)
Panelists: JAMES J. CURTIS III, CRE RICHARD A. HANSON, CRE LYNN M. SEDWAY, CRE Moderator: MARILEE A. UTTER, CRE This edition of Real Estate Issues includes the first of a series of . . .

Focus on hospitality: despite age-old risks, opportunities abound in the hotel industry.(INSIDER'S PERSPECTIVE)(Company rankings
Editor's note: This article is excerpted from the presentation Steve Rushmore delivered during the 2006 CRE Annual Convention, Oct. 23-26 in Maui, Hawaii. Read more conference coverage in most . . .

Editor's statement.(Editorial)
IN MY ROOKIE YEAR, now more than 30 years ago, an industry leader whose name I have long forgotten said that to succeed in real estate you needed either a background in finance or law and had to . . .

Focus on U.S. market pricing: is U.S. real estate priced right today?(Column)
AT TODAY'S RECORD PRICES, and with 20 percent total returns over the last year, many investors have found themselves asking: "Are real estate prices too high?" Recent research shows . . .

Focus on investment conditions: capital still flows into commercial sector as investors become more discriminating.
COMMERCIAL REAL ESTATE continues to be an attractive investment relative to stocks and bonds for many reasons. Today, however, the appeal of commercial real estate is in its extremely high realized . . .

The Appraisal of Land.(Book review)
The Appraisal of Land by Max Derbes Jr., CRE, MAI (2006, Mechling Books, Chicora, PA, 470 pages) FEW COUNSELORS HAVE BEEN MORE PROLIFIC in their writing and teaching than the late Max Derbes . . .

Ground rents from Maryland to Hawaii: leasehold interests in residential real estate.
MARYLAND AND HAWAII, THOUGH GEOGRAPHICALLY DISTANT, are burdened by the same historical remnants of an English feudal land system. (1) In both states, residential property frequently is conveyed by . . .

Focus on commercial real estate: navigating the complex world of business property leasing--the tenant's side.
NO CONSULTANT, REAL ESTATE BROKER OR LAWYER likes a client to accuse him or her of over-lawyering a lease. This is particularly true when one is acting on behalf of a prospective tenant in a lease . . .

Real estate bubbles: evidence in the lender-borrower relationship.
IN THE TYPICAL REAL ESTATE ACQUISITION, the lender often has more money in the property than the borrower; hence, lenders influence transactions through the loan terms they offer. Indeed, buyer . . .

Managing Government Property Assets: International Experiences.(Book review)
Managing Government Property Assets: International Experiences Edited by Olga Kaganova, CRE, FRICS; and James McKellar (2006, Urban Institute Press, Washington, D.C., 238 pages) MANAGING . . .

Focus on the United Kingdom; The state of the UK property market: key drivers.(Industry overview)
THIS IS THE FIRST OF A SHORT SERIES of four articles with my personal perspective on the state of the property market in the United Kingdom. Initially, I will focus on some of the key drivers and . . .

The impact of cultural mistakes on international real estate negotiations.
WHEN CONDUCTING BUSINESS, INDIVIDUALS often focus on how they think, not how the other party views the situation. This built-in bias is generally very detrimental and highly toxic for international . . .

Focus on China: Shanghai development takes off, transforming the residential and commercial landscape.
MY FRIEND CHARLES RAGEN QUOTED ME THE OLD SAW: "Travel to China for a week, and you'll be able to write a book. Travel to China for a month, and you'll be able to write an article. Travel to China . . .

Modernization, immigration and conservation: counselors gain perspective at high level conference.
"The program--themed A Clash of Cultures: Understanding Life in the Global Village--was a highly stimulating and mind-stretching session," said High Level Conference Chair Marc Louargand, CRE. "We . . .

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