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O'CONNOR REAL ESTATE EVENTS |
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- Retail Forecast Luncheon August 20 11:30 a.m. - 1:00 p.m.
Location: InterContinental Hotel, 2222 West Loop South, Houston
Speakers: Mr. Jason Baker, Baker Katz
- Office Forecast Breakfast September 10th 7:30 a.m. - 9 a.m.
Location: Courtyard On St. James,1885 St. James Place, Houston
Speakers: Mr. Henry Hagendorf, Sperry Van Ness
TBA
- Industrial Forecast Luncheon September 24th 11:30 a.m. - 1:00 p.m.
Location: The Westin Galleria, 5060 West Alabama, Houston Houston
Speakers: TBA
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Appraiser Commercial Real Estate Services and Consultants - O'Connor and Associates
Real Estate News
New Brokerage Launches $1B Non-traded REIT
OAKTON, VA-Five X Securities is also planning to raise a $250 million private equity fund that will be levered to $500 million in purchasing power.
Conference: IE Shadowed by Dark Economy
ONTARIO, CA-There's no nice way to spin it, one of the speakers says at the third annual RealShare Inland Empire conference, which draws more than 250 registrants.
Maguire Closes on $211M Main Plaza Sale
IRVINE, CA-The Los Angeles-based office REIT closes on its previously announced sale of the 607,000-sf property to Shorenstein Properties LLC.
IDI's 259,200 SF Lands Midwest Air Hub
MESQUITE, TX-Midwest Air Technologies, signing a five-year lease, will move its Southwest hub Dec. 1 to Skyline Trade Center. The industrial deal ends a 10-month space hunt.
MetLife’s MXD Project Stays on Schedule
TAMPA, FL-The first office building opens early next year, with its contractor as tenant.
Sibcy Cline enters Middletown/Monroe market
Residential real estate firm Sibcy Cline Realtors has opened its first office in the Middletown/Monroe area, the company said Wednesday.
Sibcy Cline enters Middletown/Monroe market
Residential real estate firm Sibcy Cline Realtors has opened its first office in the Middletown/Monroe area, the company said Wednesday.
Mervyn’s begins liquidation sales at San Antonio stores
Mervyn’s LLC has commenced store closing sales at its San Antonio stores Thursday, as part of its companywide reorganization process.
Sch’dy receives $200K state grant to renovate commercial properties
The Downtown Schenectady Improvement Corp. has received a $200,000 grant from the Main Street Program to renovate first floor commercial space on State Street and Erie Boulevard.
Shops of Southlake to gain Nordstrom Rack
The Shops of Southlake, a Cencor development located across from Southlake Town Square, is receiving a new anchor tenant: Nordstrom Rack, which is part of Nordstrom Inc.’s off-price retail division. (JWN)
Property Tax News
Lockhart budget increases, thanks to Texas 130 (Austin American-Statesman)
The opening of the Texas 130 toll road this year has brought new property tax revenue to nearby Lockhart, prompting the City Council to propose loosening the city's belt a bit while keeping taxes almost flat.
More Texas school districts want voters to raise tax rates (Houston Chronicle)
Schools are looking for ways to cover employee raises, greater fuel costs and rising utility bills.In the Houston area, the Alief, Humble and North Forest boards are considering property tax hikes.
AISD board votes to raise property taxes (KXAN 36 Austin)
AUSTIN, TEXAS (KXAN) -- The Austin School Board has approved a nearly $1 billion budget. Monday night the board voted "yes" to a budget totaling $950 million.
Is A Tax Increase In Texarkana, Texas' Future? (KTAL Shreveport)
People who live in Texarkana, Texas could see higher city taxes next year. City Council is talking about raising taxes at their meeting tonight. City Manager Larry Sullivan says that raising the property tax rate is necessary to pay for city expenses.
Residents would receive slight break in taxes under proposal (Cleburne Times-Review)
Joshua residents would see a slight reduction in their property taxes if the rate discussed at Thursday’s city council meeting is adopted.
REIT News
First Potomac Realty Trust to Participate in BMO Capital Markets 2008 North American Real Estate Conference (Business Wire)
BETHESDA, Md.----First Potomac Realty Trust announced it will be participating in a panel discussion at the BMO Capital Markets 2008 North American Real Estate Conference being held in Chicago on September 10-12, 2008.
Ahead of the Bell: Plum Creek in joint venture (AP)
Plum Creek Timber Co.'s announcement that it has entered a joint venture to effectively sell 454,000 acres of southern U.S. timberland could stir trading activity Thursday as investors gauge the deal's value to the Seattle-based company.
Plum Creek Timber Company, Inc. Captures the Value of 454,000 Acres of Southern Timberland (PR Newswire)
Plum Creek Timber Company, Inc. today announced it will form a joint venture with The Campbell Group LLC that will allow Plum Creek to capture the value of approximately 454,000 acres of investment grade Southern timberlands.
Plum Creek, Campbell form timberlands venture (AP)
Plum Creek Timber Co. announced Wednesday that it will form a joint venture with The Campbell Group LLC, a Portland, Ore.-based timber investment management organization, that will allow Plum Creek to capture the value of about 454,000 acres of timberlands.
Plum Creek makes $783M on timber land deal (at bizjournals.com)
News for CPAs
Round table meetings on consolidation
The IASB plans to hold a series of round-table meetings with interested parties on consolidation. The first meeting will take place on 17 September 2008 in London.
Comprehensive subscribers to receive IFRSs on CD-ROM
Expert Advisory Panel
The expert advisory panel met on 31 July 2008 to discuss the measurement of financial instruments in markets that are no longer active. A full update is available here.
IASB Board Member receives American Accounting Association Award
Professor Mary E Barth, IASB Board Member, has been awarded the 2008 Outstanding International Accounting Educator Award from the International Section of the American Accounting Association.
IASB proposes amendments to simplify and achieve convergence in the calculation of EPS
The International Accounting Standards Board (IASB) today published for public comment proposals to simplify the calculation of earnings per share (EPS) and to eliminate differences in the methods required by International Financial Reporting Standards (IFRSs) and US Generally Accepted Accounting Principles (GAAP) to calculate EPS.
Self Storage News
ISS Nashville Expo Includes Self-Storage Golf Tournament
The Inside Self-Storage Expo in Nashville, Tenn., Oct. 7-10, 2008, will include a golf tournament at the Gaylord Springs Golf Links. The ISS Golf Classic will take place at 1 p.m. on Oct. 7. The format is a four-person scramble with a modified shotgun tee-off. Designed by former U.S. Open and PGA champion Larry Nelson, the course is part ... (246 words)
Tennessee Self Storage Association Participates in ISS Nashville Expo
The Tennessee Self Storage Association (TSSA) will contribute to the planning of the Inside Self-Storage Expo in Nashville, Tenn., and will hold its quarterly meeting in conjunction with the show. The event will take place Oct. 7-10, 2008, at the Gaylord Opryland Resort and Convention Center, including educational seminars, networking opportunities and industry exhibits. “We’re very pleased to ... (168 words)
Florida Association Sponsors Inside Self-Storage Nashville Expo
The Florida Self Storage Association (FSSA) will sponsor and support the Inside Self-Storage Expo in Nashville, Tenn., Oct. 7-10, 2008. The event, which will take place at the Gaylord Opryland Resort and Convention Center, will include four days of educational seminars, networking opportunities and industry exhibits. Open to self-storage professionals worldwide, it will feature a special focus on the Southeast ... (264 words)
Inside Self-Storage Announces Dates for 2009 Las Vegas Expo
Inside Self-Storage (ISS), the producer of a monthly trade magazine and bi-annual tradeshows for the self-storage industry, has announced the dates for its next Las Vegas Expo. The event will take place Jan. 26-28, 2009, at The Venetian Hotel Resort Casino and Sands Expo & Convention Center. This year's event, also ... (141 words)
CB Richard Ellis Hosts Property Tour at Inside Self-Storage Las Vegas Expo
Investors interested in viewing self-storage properties available in the Las Vegas market can participate in a free tour sponsored by CB Richard Ellis during the Inside Self-Storage Las Vegas Expo, Feb. 5-8, at The Venetian Hotel Resort Casino and Sands Expo & Convention Center. From 9:45 to 11:45 a.m. on Feb. 8, CBRE will guide existing and potential storage investors ... (273 words)
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