Friday, November 14, 2014

Apartments for sale in Tucson and Arizona following National Trend

Apartments for sale in Arizona are following the national trend in vein that they are out pacing every other Commercial segment in CRE. With higher valuations and lower CAP rates than the other segments we are still seeing a high volume of transactional real estate in the Multifamily sector. Nationally we are seeing cap rates trending down with Apartments just under 6% nationally.
Now that the Federal Reserve has officially shut down its quantitative easing program, current financing rates are low but subject to change. 

With office and apartments combined representing nearly 60% of the dollar volume, CRE sales reached $97.5 billion in the third quarter of 2014, up 11.6% Y-O-Y. cites investor confidence in US real estate amid global geopolitical risks and the tenuous economic situation in Europe.

Follow this link to a great article on Commercial real estate’s Risk Premium outlook. CRE Risk Premium

If you are looking to acquire Commercial Real Estate as part of your portfolio of investments Peterson Commercial Group represents clients in the acquisition and disposition of Multi family properties Nationally. Call us for a confidential discussion.

Thursday, November 13, 2014

1031 Exchange Rules for Investment Properties

A 1031 exchange, also called a like-kind exchange or a Starker, is a swap of one business or investment asset for another. Peterson Commercial Group specializes with clients in using this investment tool to increase portfolio's. 
Do it right, and there is no tax. You change the form of your investment without cashing out or paying tax. And like a 401(k), that allows it to continue to grow tax-deferred.
There is no limit on how many times you can do a 1031. You can roll over the gain from one piece of investment real estate to another, then another and another. You may have a profit on each swap, but you avoid tax until you actually sell for cash. But be careful and do it right.

We work with investors every month that have a need to purchase or sell an investment property and using a 1031 exchange or a reverse 1031 exchange is an AMAZING tool to defer capital gains. There is no limit on how many different 1031 exchanges a person can do. 
If you would like the specific rules on 1031 exchanges please contact us for more information.

Tuesday, November 11, 2014

Outlet Malls in Tucson Breaks Ground - Marana

Last Friday the Simon Property Group broke ground in Northwest Tucson on a 366,000 mixed UASE commercial development.

Tucson Premium Outlets will be the anchor for 170 acre mixed use commercial project on the south side of Twin Peaks Road , Linda Vista Blvd and I-10. Vintage Partners are the developers on the project and are projecting a completion date in the fall of 2015!

The Tucson Premium Outlets will have a food pavilion as well as specialty shops for apparel, shoes and accessories. Home furnishings and leather good retailers are included on the development.

The project will bring 90 retailers into the area and create economic development through the creation of over 800 full and part-time positions.

Wednesday, November 5, 2014

Commercial Real Estate Tucson AZ and Solar Energy-on fire?

With Tucson having sunshine more days per year than just about any other major city in the U.S. One would think we would be more proactive for Solar Energy, what is stopping this industry from expanding in Arizona? The entry of the solar energy industry in Arizona could directly benefit employment and create healthy competition for energy companies who monopolize over the market. Creation of new competition will in turn drive prices down for consumers. Further expansion and strengthening of the Arizona economy first requires taking steps in allowing new industry to form, solar energy creates that opportunity.

As our country continues to explore alternative natural resources for energy where are we going currently with Solar energy?

Do you think we are ahead or behind the curve with Solar energy?

Check out this article  

 Solar Energy In Tucson- On Fire?