Pinnacle Brokers $3.2M Sale of Dollar Store Portfolio in Metro St. Louis
9.19.18 1031 Exchange Investor, Dollar Store Portfolio Sale, Edwards Ethington Team, Investment Property Sale St. Louis, Zach WrightPinnacle Real Estate Advisors LLC has brokered the sale of a three-property dollar store portfolio in metro St. Louis for $3.2 million. The portfolio includes a Dollar General store at 7900 Olive St. in University City; a Dollar General store at 10 Fee Fee ...
Experts Offer Tips on Tax Considerations for 1031 Exchanges
9.18.18 1031 Exchange, 1031 Exchange Tax Deferment Benefit, Commercial Real Estate InvestorEffective this year, the federal Tax Cuts and Jobs Act wiped out the 1031 exchange tax deferment benefit for personal property, such as primary residences, vacation homes, artwork and collectibles. That change might have caused confusion about how exchanges ...
620 Acres Near DIA Slated for Mixed-Use Development
9.17.18 Commercial Real Estate Brokers Colorado, Denver Commercial Real Estate News, Mixed-Use Development DenverA partnership between PCCP LLC, Greenfield Partners, Alberta Development Partners and The Fellows Cos. has acquired a 620-acre, fully entitled residential and commercial development site in Aurora. The property, called Painted Prairie, is entitled for 3,151 ...
Downtown apartment tower sells for $139.75 million
9.11.18 Denver Apartment Brokers, Denver Apartment Building Sale, SkyHouse DenverThe 25-story SkyHouse Denver downtown apartment tower has sold. Equity Residential, a Chicago-based real estate investment trust that ranks No. 3 nationally in ownership of apartments, closed Tuesday on the purchase of the 354-unit building at 1776 N. Broadway ...
Will rising interest rates slow down the market?
9.10.18 Colorado Economy, Commercial Real Estate Brokers, Commercial Real Estate Colorado, Denver Commercial Real Estate Market, Rising Interest RatesWill rising interest rates slow down the market? In a word, no. At least, not in the short term. Interest rates that continue to creep up have not had a major impact on Front Range lending activity. While interest rates are on the rise, this is still a ...
Pinnacle Arranges $1.8M Sale of Qdoba-Occupied Property in Suburban St. Louis
9.7.18 Commercial Real Estate Brokers, Edwards Ethington Team, STNL Building SalePinnacle Real Estate Advisors LLC has arranged the sale of a 3,600-square-foot property occupied by Qdoba, a fast-casual Mexican restaurant, in Clayton for $1.8 million. The single-tenant building is located at 6701 Clayton Road across the street from a ...