ARCHIVE - Tag: Commercial Mortgage
Andy Little

RICHMOND TIMES-DISPATCH

by Andrew Little, Special Correspondent

With the threat of fallout from Brexit, tariffs looming and interest rates rising, where should you put your money?

The answer for many today is into federal opportunity zone funds, which were created in last year’s federal tax overhaul.

A recently published directory of funds tracked by commercial real estate analytics company CoStar Group Inc. shows more than 110 funds taking money in and targeting qualified opportunity zone investments.


Andy Little

RICHMOND TIMES-DISPATCH

by Andrew Little, Special Correspondent

Curtis Mayfield and The Impressions could have been talking to the Richmond area’s commercial real estate industry in the band’s 1965 hit “People Get Ready” in reference to the huge industrial development renaissance taking place in the region.

It makes sense for city and county planners to get on board and embrace the new developments, which can add to and help balance tax assessment bases.


John B. Levy & Company published the Giliberto-Levy Monitor for the fourth quarter of 2017, revealing that commercial mortgage investments totaled their highest full-year return since 2014. Despite subdued performance for the fourth quarter, 2017 was the first time in three years all four quarters posted positive total returns.


Richmond BizSense recently profiled Fulton Hill Properties breaking ground on a nearly $40 million mixed-use development project called Artisan Hill, noting it worked with JB Levy & Co. to secure financing through the Virginia Housing Development Authority.


Andy Little

RICHMOND TIMES-DISPATCH

BY ANDREW LITTLE, Special correspondent – October 15, 2017

After taking a short breather earlier in the year, commercial real estate markets are singing the “Movin’ On Up” theme song from the hit ’70s television show “The Jeffersons.”