What is E and O Insurance for Home Inspectors - Live Insurance News

Google Home Inspector News - July 6, 2013 - 06:00

What is E and O Insurance for Home Inspectors
Live Insurance News
When a home inspector overlooks some element of a home inspection and then later, because of his error, damage results, whose fault is it? In almost every case, a court will decide that the inspector is liable for the damage. Errors and omissions ...

Ask the Inspector: Credentials - Leader-Telegram

Google Home Inspector News - July 5, 2013 - 23:00

Ask the Inspector: Credentials
You should feel fortunate to live in Wisconsin. Some states do not require inspectors to be licensed. Duerkop is a licensed home inspector and serves as president and education director of the Wisconsin Association of Home Inspectors for the central ...

Ask Your Home Inspector: State keeps its eye on home inspectors - Wausau Daily Herald

Google Home Inspector News - July 5, 2013 - 03:35

Ask Your Home Inspector: State keeps its eye on home inspectors
Wausau Daily Herald
When selecting a home inspector, never choose by the price. Prices might range all over the board on a standard inspection. Ask how many years of experience the inspector has, whether he or she is licensed and whether he or she belongs to any home ...

CoStar's People of Note (June 30 - July 6)

Real Estate Feed - July 5, 2013 - 01:45
This week's People of Note includes the following markets: New York City, St. Louis, Cincinnati, Hampton Roads, Seattle, Dallas, and Orlando. NEW YORK CITY The Rockefeller Group Promotes Nakajima to Top Position By Megan Gruber The Rockefeller Group, a global property owner, developer, and investment manager, named Atsushi Nakajima as acting president and chief executive officer in the firm

Everyday People: Home inspector stays nimble on the job -

Google Home Inspector News - July 3, 2013 - 10:11

Everyday People: Home inspector stays nimble on the job
He trained as a home inspector through the National Institute of Building Inspectors and worked for a franchise for six years before starting his own business, Eagle Eye Inspections. Giblin's construction days taught him a lot about how to build a home ...

Latest Transbay Project Takes Shape in San Francisco

Real Estate Feed - July 2, 2013 - 04:22
A joint venture of TMG Partners and Northwood Investors LLC has acquired an assemblage of parcels at First and Mission Streets, where it plans to develop two towers totaling about 2 million square feet of office, retail and condominiums on the 1.17-acre development site. Plans call for a 605-foot-tall condominium tower along Mission Street and an 850-foot-tall office building fronting First Street. TMG and Northwood acquired the parcels, perhaps...

Home inspector gets ASHI certification - Herald & Review

Google Home Inspector News - July 1, 2013 - 06:08

Home inspector gets ASHI certification
Herald & Review
Home inspector gets ASHI certification. Print Email. 2013-07-01T07:00:00Z Home inspector gets ASHI certification July 01, 2013 7:00 am. (0) Comments. DECATUR — Jason Warnick of Pristine Inspections & Testing, a local firm that ...

Henderson and TIAA-CREF Form $63 Billion Property Giant

Real Estate Feed - July 1, 2013 - 04:19
TIAA-CREF and Henderson Global Investors, a European investment manager, have launched a $63 billion global real estate investment management company, TIAA Henderson Global Real Estate. The new company will offer clients expanded investment opportunities in the global real estate market while helping to accelerate the growth of each firm’s real estate investment business. Taken together, the partners said the scale of the new venture matches that...

Related Expands Funding Platform With Highbridge JV Targeting Real Estate Projects

Real Estate Feed - July 1, 2013 - 04:18
Related Cos., one of the nation’s most prolific real estate development and investment firms, is partnering with deep-pocketed private investment firm Highbridge Principal Strategies (HPS) to invest in real estate debt, specifically gap financing for commercial and residential real estate projects across the U.S. that are "in transition." By leveraging Related's access to deal-flow and HPS's extensive mezzanine credit experience, the pair hope...

IRS Is Watching CBS’ REIT Conversion

Real Estate Feed - July 1, 2013 - 04:17
CBS Corp. has formally decided to spin-off its billboard subsidiary, CBS Outdoor Americas, into a separate REIT. If the conversion goes through, CBS would also dispose of all of its common stock in the newly formed REIT. The move comes at a time when the IRS has put firms owning non-traditional real estate that are seeking to qualify as real estate investment trusts on notice that it has decided to study the current legal standards it uses to define...

Facility Closures & Downsizings: Best Buy: Two Steps Back, One Step Forward

Real Estate Feed - July 1, 2013 - 04:15
Best Buy Co. Inc. gradually continues to optimize its U.S. real estate portfolio. The Minneapolis-based retailer’s key focus has been on occupancy cost reductions through both store closings and renegotiated leases. Over time, the company said it believes there is an opportunity to trim $400 million in costs in the U.S., Canada and Mexico. Share with Your Followers on Twitter Tweet Through the first 11 months of its 2013 fiscal year, the...

West Milford home inspector tells sellers what they need to know -

Google Home Inspector News - June 30, 2013 - 23:10

West Milford home inspector tells sellers what they need to know
Radon testing, insect inspections, chimney assessment…oh, my! These are just part of a routine day for Mark E. Noble, owner of West Milford's Nobility Home Inspection Services. But for homeowners selling their home, a home inspection doesn't have to ...

Office, Parking Portion of John Hancock Center Sold

Real Estate Feed - June 28, 2013 - 01:13
A group of investors led by The Hearn Co. has acquired the office and parking portions of the John Hancock Center, one of the largest skyscrapers in the U.S. Financial terms of the transaction were not disclosed by Hearn, head of the buyer’s group that also includes The Lynd Co. and Mount Kellett Capital Management LP, but multiple published reports listed the sale price at $140 million. The 100-story tower at 875 N. Michigan Ave., well known...

CoStar's People of Note (June 23 - 29)

Real Estate Feed - June 27, 2013 - 21:13
This week's People of Note includes the following markets: Chicago, Northern New Jersey, Atlanta, Indianapolis, Washington DC, Austin, South Florida, Orange County CA, and Houston. GLOBAL JLL Promotes 35 International Directors By Justin Sumner Jones Lang LaSalle (NYSE: JLL) has promoted 35 colleagues across the globe to the firm's top leadership group, naming them international directors for 2013. "Our new inte

CRE Fundamentals Continue To Recover -- So Where Are All the Deals?

Real Estate Feed - June 27, 2013 - 06:41
A recent analysis of data from the CoStar Commercial Repeat Sale Index (CCRSI) finds that commercial real estate investment transaction activity has progressed much like the overall economy, showing steady but painfully slow improvement. While prices have recovered from the trough of the Great Recession in all major markets except Jacksonville and Northern New Jersey since mid-2010, the current environment is definitely of the half-full/half-empty...

Borrower Returning Keys on 10 Million SF of Industrial Properties Fit for a Prince

Real Estate Feed - June 26, 2013 - 04:19
Following their recent transfer to special servicing, related borrowing entities are giving back the keys on two industrial portfolios containing 10.5 million net rentable square feet. The two portfolios are commonly known as the StratREAL industrial portfolios and consist of 23 industrial buildings located across Ohio, Tennessee and California. This month, the $186 million Portfolio II loan secured in CMBS JPMCC 2007-LDP10 reported a new reduced...

Neiman Marcus: Good Things Come in Smaller Spaces

Real Estate Feed - June 26, 2013 - 04:17
In a sign that the luxury retail market may be heating up again, the private equity funds controlling Neiman Marcus Inc. this week filed an initial public offering looking to raise at least $100 million to fund new growth for the high-end international retailer. With a history of 100+ years in retailing, the Neiman Marcus and Bergdorf Goodman brands just posted $4.5 billion in revenue for the fiscal year ended April 27, 2013, a 6.5% increase from...

Medley Industrial Portfolio Sells for $60M

Real Estate Feed - June 26, 2013 - 01:49
TA Associates Realty sold the 11-building Medley West industrial and flex portfolio located at 105th Way and 106th St. in Medley, FL to Lincoln Property Company for $59.85 million, or about $71 per square foot. Medley West is located in the Medley submarket of South Florida. It was built between 1979 and 1987 and is comprised of both front-load and cross-dock facilities with 20-foot to 24-foot clear heights and Florida East Coast (FEC) rail access...

BOMA Survey: Office Tenants Optimistic About Future Staffing, Space Needs

Real Estate Feed - June 25, 2013 - 22:10
Despite the recession and changing workplace trends, the walls aren't closing in on office space requirements just yet, according to the first survey of tenant sentiments and needs by the Building Owners and Managers Association (BOMA) International since 1999. BOMA found that, as a group, office tenants are optimistic about the future -- more than 75% of respondents in the 2013 BOMA Global Office Tenant Survey plan to increase staffing levels...

In The Pipeline: CoStar Development & Construction News for June 23 - 29

Real Estate Feed - June 25, 2013 - 03:37
$1.6B Merchants Row Breaks Ground In Quincy Merchants Row, the first major block of mixed-use development being constructed within the new master development plan in downtown Quincy, MA, has officially broken ground. Merchants Row is expected to bring 287 loft units in two projects, the Kilroy and the Granite Trust lofts. The latter will include more than 35,000 square feet of street retail and 24,000 square feet of office in the renovated historic...

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