Schroder REIT manager Nick Montgomery (pictured) says UK commercial real estate is in recovery following an ‘unprecedented’ period in which rents rose while values fell. The REIT, which Montgomery manages alongside Bradley Biggins, announced its results for the year to the end of March last week, revealing an 11% net asset value total return over the period — Schroder REIT’s strongest annual performance since 2022. UK commercial property has undergone a correction over the last few years, with most sectors falling by up to 25% after peaking in 2022 according...
Schroder’s REIT manager Nick Montgomery (pictured) says UK commercial real estate is in an ‘unprecedented’ period as rents continue to rise while property values fall. The REIT, which Montgomery manages alongside Bradley Biggins, announced its results for the year to the end of March last week, revealing an 11% net asset value total return over the period — Schroder REIT’s strongest annual performance since 2022. UK commercial property has undergone a correction over the last few years, with values in most sectors falling 25% after peaking in 2022 according to...
The 35,616-square-foot building that’s home to a Tesla Collision Center in Irvine sold May 28 for $21 million. SRS Real Estate Partners said Tesla has a 10-year triple net lease with options to extend at 18011 Mitchell South. The seller was North Palisade Partners, a Los Angeles-based developer. The buyer, Np Mitchell LLC, was represented by Costa Mesa-based Tidemark Real Estate. SRS Capital Markets Senior Vice President Pat Weibel said the property offered up a well-known tenant in “an affluent demographic base in the heart of Orange County, on the border...
Oshkosh last conducted a property evaluation in 2017 prior to last year.OSHKOSH – Common Council is continuing to address the city’s property tax concerns.Oshkosh will now conduct property revaluations every five years, beginning with a planned assessment in 2025, to avoid a repeat of the revaluation calamity that resulted in this year’s spike in property taxes.City council unanimously passed the resolution 7-0 during the June 10 common council meeting after Oshkosh’s failure to conduct regular property evaluations saw the combined assessed value of residential properties jump by 53% last year.“It’s...
The Free Press/YouTube Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. As a co-founder of PayPal and the first outside investor in Facebook, Peter Thiel is widely recognized for his expertise in the tech world. But lately, the billionaire venture capitalist has been sounding the alarm on an entirely different sector: real estate. During an interview with The Free Press, Thiel drew upon the insights of 19th-century economist Henry George to underscore the gravity of America’s real estate crisis. “The basic Georgist...
Strategic Expansion Enhances Company's Presence in Key Market LAS VEGAS, NV / ACCESS Newswire / April 4, 2025 / Rhino Investments Group, a leading Las Vegas, NV, based commercial real estate firm specializing in value-add investments, is pleased to announce the acquisition of the property located at 6230 S Decatur Blvd, Las Vegas, NV. This strategic investment reflects Rhino's continued commitment to expanding its footprint and enhancing its portfolio in the Las Vegas area. dji 0666 Rhino Investments Group Acquires 6230 S Decatur Blvd Property in Las Vegas The acquired...
In 2024, Peachtree Group deployed approximately $1.6 billion in commercial real estate credit investments, including a $59.0 million bridge loan for the AC / Element Hotel, San Antonio, Texas (pictured). Ranked as a Top 10 Hotel Sector Lender for the Fourth Consecutive Year ATLANTA, March 31, 2025--(BUSINESS WIRE)--Peachtree Group ("Peachtree") ranked as the eighth-largest investor-driven commercial real estate lender in the U.S., according to the Mortgage Bankers Association’s (MBA) 2024 loan origination rankings. In 2024, Peachtree deployed approximately $1.6 billion in commercial real estate credit investments. "With a substantial volume...