Kansas City Commercial Real Estate

New Sgt. Jasper plan: Taller, with fewer apartments and no grocery
After incurring the wrath of many lower-peninsula residents with its initial development plan for the Sergeant Jasper apartment tower site, the Beach Company unveiled a new plan Monday that is significantly taller, has fewer apartments, includes extensive office space, and does not include a grocery store.

Singapore’s retail REITs posted average price gains of 7% YTD
There are eight Retail Real Estate Investment Trusts listed on Singapore Exchange (SGX), with a combined market capitalisation of S$22.3 billion. According to SGX, these eight Retail REITs generated an average 6.6% price gain in the year thus far and 16.2% over the last 12 months. The five best performers year-to-date were Mapletree Commercial Trust, CapitaMall Trust, Fortune REIT, Frasers ...

Expect weak reports from hospitality REITs as hotel revenues dwindle
RevPAR fell 7% year-on-year. Hospitality REITs are expected to turn in weak numbers as the reporting season rolls in, fuelled by declines in overall hotel revenues.

More Lindemuth properties to go to auction in May
Two dozen commercial properties belonging to Topeka developer Kent Lindemuth will go to the auction block on May 8. United Country Real Estate's website shows 24 properties owned by Lindemuth or entities linked to him that will go on sale.

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 ...

Fitch: Lower Oil Provides Moderate Benefit for US REITs
Lower gasoline and heating oil prices will bolster consumer discretionary incomes and will likely lead to greater retail and travel spending, providing a moderate net benefit to US

Fitch Affirms Irvine Core Office Trust 2013-IRV
Fitch Ratings has affirmed five classes of Irvine Core Office Trust 2013 - IRV commercial mortgage pass through certificates. A detailed list of rating actions follows at the end o

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, ...