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NEWS AND INFORMATION

Study Finds Repealing Like-Kind Exchange Rules Would Hurt U.S. Small Businesses and Reduce GDP
The Federation of Exchange Accommodators announced that the Section 1031 Like-Kind Exchange Coalition, of which it is a member, released a study, “Economic Impact of Repealing Like-Kind Exchange Rules,” which concludes that repealing the I.R.C. Section 1031 like-kind exchange rules would slow economic growth, reduce GDP and hurt many U.S. small businesses. (PRWeb March 18, 2015) Read the full ...

Commercial real estate boom reaches Baltimore
The jaw-dropping $121.5 million that an investor paid last month for Fells Point's Union Wharf apartments was the starkest example yet in Baltimore of how a booming national real estate market is pushing some firms to turn to smaller, riskier cities.

DTZ and CoreNet Global Establish a Multi-Year Benchmarking Relationship
CHICAGO, April 14, 2015 /PRNewswire/ -- DTZ, a global leader in commercial real estate services, has partnered with CoreNet Global to incorporate the organization's unique benchmarking service, BenchCoRE, ...

Lee & Associates Opens Second Office in Ohio
Lee & Associates, the nation’s largest broker-owned commercial real estate firm, continues to make office expansion one of its top priorities as the firm announces the opening

Common Hope Hosting Noche de Colores Benefit April 17th
Non-profit Common Hope, occupying an office space at Energy Park Drive office/warehouse building, is hosting Noche de Colores, a special evening celebrating friendship, family, and the children of Guatemala. (PRWeb April 14, 2015) Read the full story at http://www.prweb.com/releases/St_Paul_office_space/charity_event/prweb12653329.htm

Chinese auto-parts maker may be top buyer of U.S. real estate
Real estate accounted for more than half of Wanxiang's total investments in the U.S. in the past five years.

Ten percent of S&P 500 companies avoid paying U.S. taxes
Fueled by a wave of inversions, a record 54 companies in the Standard & Poor’s 500 Index of leading U.S. firms are now at least partially exempt from the corporate income tax. The biggest factor is the recent wave of companies, such as Medtronic Plc and Mylan NV, that have completed what’s known as an inversion, in which they move their tax address overseas. Other companies have declared ...

Beneficial State Bank Expands to Santa Rosa and Adds a Multifamily Division
Triple bottom-line financial institution expands lending suite to have a greater impact in the communities it serves. (PRWeb April 01, 2015) Read the full story at http://www.prweb.com/releases/2015/04/prweb12620541.htm

Parking Department needs improvement in billing, collecting money, according to city's Inspector General
City Hall’s new watchdog office found several problems in the Jacksonville parking department, including the failure to bill $45,000 to a company using a downtown parking garage and the department director’s improper discounting of parking rates for people attending a special event. read more

'New fiber' at Phipps Bend crucial to industrial recruitment
SURGOINSVILLE — The availability of high speed Internet is expected to make the Phipps Bend Industrial Park more attractive to companies shopping for locations to build a plant.For years the Hawkins County Industrial Development Board has tried to get “fiber” into Phipps Bend, but the providers weren't willing to make the investment. When Sullivan County’s NETWORKS industrial recruiting ...