According to a recent study, 87 percent of women in commercial real-estate say equal pay is their largest obstacle. Rose Leadem Published 3:00 pm, Friday, June 29, 2018 Photo: Igor Emmerich | Getty Images Image 1of/1 CaptionClose Image 1 of 1 Photo: Igor Emmerich | Getty Images The Major Challenges Faced by Women in the Commercial Real-Estate Industry 1 / 1 Back to Gallery A whopping 87.2 percent of women say that the biggest challenge in the commercial real-estate industry is equal pay, according to a recent study by commercial real-estate recruitment and staffing firm RETS Associates. Related: This Single Mom Turned Tech Entrepreneur Shares How She Rose Above Self-Doubt The study is based on a survey of 618 women in entry- to senior-level positions about their feelings towards gender equality in the … [Read more...] about The Major Challenges Faced by Women in the Commercial Real-Estate Industry
Real estate
Inland Real Estate closes Arizona medical office deal
Inland Real Estate Acquisitions in Oak Brook said it negotiated and closed the purchase of the Banner Health Medical Office Building, located in Phoenix, Arizona. Sharon Anderson-Cox, senior vice president of Inland Real Estate Acquisitions, completed the deal, with assistance from David Neboyskey, vice president and associate counsel of The Inland Real Estate Group Law Department, on behalf of an Inland affiliate. The newly built, state-of-the-art property is located at 4375 East Irma Lane in Phoenix. It includes 29,350 square feet of Class-A medical office space with 30 exam rooms that is 100 percent leased to Banner Health, the largest private employer in Arizona.The new Banner Health location provides medical care to approximately 204,540 residents within a five-mile radius."The property's ideal location, newer construction and long-term medical tenant made this transaction a prime example of the type of medical office properties we continue to seek and acquire," said … [Read more...] about Inland Real Estate closes Arizona medical office deal
Oakland, Berkeley consider real estate tax ballot measures
By Ali Tadayon | [email protected] | Bay Area News Group PUBLISHED: June 29, 2018 at 6:10 am | UPDATED: June 29, 2018 at 6:21 am People selling Oakland properties for more than $2 million would have to pay more in taxes if voters approve a measure being proposed for the November ballot. Berkeley also is considering asking voters to increase the taxes levied when people sell property, called a real estate transfer tax. The tax rate in both cities currently is 1.5 percent. The proposed Oakland ballot measure would reduce the rate to 1 percent for properties selling for $300,000 or less and increase it to 1.75 percent for properties selling for more than $2 million and 2.5 percent for properties selling for more than $5 million. A ballot measure proposed in Berkeley would increase the rate to 2.5 percent for properties selling for more than $1 million. Oakland Councilmember Dan Kalb, who is proposing that city’s measure, said in a statement the tiered approach would … [Read more...] about Oakland, Berkeley consider real estate tax ballot measures
Real estate transfers: June 18-22
Share Tweet Share Email Comments Print LUCAS COUNTY 43412 Residential Sauceda Del na to Medina Juanita & Joe, 462 Pavilion Rd, Curtice, $40,000, (6/20) Reed William A to George Charles T, 9520 Jerusalem Rd, Curtice, $275,000, (6/21) 43504 Agricultural Taylor James Lee Tr to Staebler Jacob C & Beth A (orsurvtc), 13550 Brint Rd, Berkey, $120,000, (6/20) 43522 Residential Branch Banking And Trust Company to Secretary Of Housing And Urban Development, 8808 Jeffers Rd, Grand Rapids, $0, (6/18) 43528 Industrial Tencom Properties LLC to Keli Automotive Parts Inc, 1620 Kieswetter Rd, Holland, $283,000, (6/20) Residential Mewhort Martha M to Hitt David, 436 Pine Valley Rd, Holland, $450,000, (6/18) Sadek Betro Etal to Culbertson David N & Angela (orsurvtc), 7332 Witherby Ct, Holland, $297,707, (6/19) Miles William H & Lenore to Galambos Louis M & Deborah L (or Survtc), 8642 Quail Hollow Ct, Holland, $342,000, (6/19) Doyle Michael A to Doyle Linda J … [Read more...] about Real estate transfers: June 18-22
Vietnam real estate outlook sparks foreign investor rush
Ranked high for development prospects in the Asia-Pacific region, Vietnamese real estate is attracting increased investment interest. Big names in the global real estate industry are choosing Vietnam as their next investment destination because it shows great potential for future development, a recent report says. Tokyo-based Nomura Real Estate made a notable transaction in January when it bought a 24 percent stake in Ho Chi Minh City’s Sun Wah Tower. The Asia Pacific Investment Quarterly report for the first quarter of 2018 says that the purchase of a stake in the grade A building in HCMC’s District 1 shows that the city’s office market continues to record healthy demand and high occupancy. The report, prepared by global real estate service provider Savills, says that apart from office spaces, the hospitality sector in Vietnam is also seen as an attractive investment option for foreign investors. Japan’s Mikazuki Hotel in January announced plans to invest $100 … [Read more...] about Vietnam real estate outlook sparks foreign investor rush