Tuesday, January 8, 2013

Cost of Downtown Abbey | Commercial Real Estate Investing

Maintaining a Downtown Abbey-sized English country estate would cost upwards of $1.5 million a year

1. U.S. remains No. 1 for global commercial real estate investors [Reuters]
2. How to pick an REIT with an ownership orientation?[Forbes]
3.?And how a plethora of professionals are making real estate a highly successful second career [NYP]
4.?You don?t need to be the Earl of Grantham?to live in a house like?Downton Abbey?? just a king-sized maintenance budget?[CNBC]
5.?A?Goldman-backed German property firm plans to raise $1 billion in one of Europe?s first IPOs of the year?[NYT]
6.?A 24-property commercial portfolio snags $607 million in financing ?[CPE]
7.??Must a rent-controlled tenant abide by co-op rules???[NYT]
8.?Forget dorms. Nickelodeon star Miranda Cosgrove,?a USC student,?recently bought a $2.65 million L.A. home.?[NYDN]
9.?Hunting for real estate with a sense of community?[NYT]
10.?Barneys considers relocating its?West 18th Street store?[NYP, 2nd item]
11. A Q&A with a Peter Magistro, the founder and president of the?Bronx Pro Group, which manages low- and moderate-income housing in the borough. ?[NYT]

Source: http://therealdeal.com/blog/2013/01/07/u-s-remains-no-1-for-global-commercial-real-estate-investors-how-to-pick-an-reit-with-an-ownership-orientation-amd-more/

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