Miami Properties

Royal LePage named nation's 2015 Outstanding Corporate Citizen
Royal LePage named nation's 2015 Outstanding Corporate Citizen

'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 ...

Former Starks building owner fought assessments before selling for $14 million
The Hertz Investment Group, a California company that owns office buildings around the country, pocketed $14.25 million this month when it sold the Starks building in downtown Louisville. Yet for the last two years, Hertz has been able to lower its annual property tax bill by insisting that the 14-story building is worth much less than that.

Fitch: U.S. Equity REITs Continue Proactive Liquidity Management
U.S. equity REITs have been active thus far in 2015 in both the credit and equity markets, according to Fitch Ratings' latest REIT Liquidity Update. This has enabled liquidity mana

InnVest Real Estate Investment Trust completes $80 million mortgage refinancing
InnVest Real Estate Investment Trust completes $80 million mortgage refinancing

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.

Fitch Affirms Trimont's Commercial Real Estate Servicer Ratings
Fitch Ratings affirms the commercial real estate servicer ratings for Trimont Real Estate Advisors, Inc. , as follows:

First REIT's net property income up 9.3% to $24m in Q1
First REIT reported that its net property income grew 9.3% year-on-year to $24.2m in the first quarter, on back of maiden contributions from its new hospital in Indonesia. First REIT's good results were supported by maiden contributions from the newly-acquired Siloam Sriwijaya in Indonesia, as well as step-up rental income from its existing properties.

Wallet squeeze: Apartment rents projected to rise again
The average U.S. rent has climbed 14 percent to $1,124 since 2010, according to commercial property tracker Reis Inc. That's four percentage points faster than inflation, and more than double the rise in U.S. home prices over the same period. "The only relief in sight is rents in the hottest markets are going to go up at a slower pace, but they're still going to go up," says Hessam Nadji, chief ...

RBNZ keeps eye on commerical property
The Reserve Bank of Australia isn't the only central bank keeping a close watch on the commercial property market - its New Zealand counterpart is also keeping a nervous eye on it as well. While much of the focus of the review, and most of the focus of subsequent media reports, was on the housing market, the RBA made pointed mention of the commercial property market and its growing vulnerability ...