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Opportunity Zones

It has taken a while for the Treasury, the IRS and investors to to understand, implement and utilise Opportunity Zones, created from the 2017 Tax Cuts and Jobs Act. Now that COVID-19 and the related shutdown measures and pushed us into recession, some commercial...

CBPR Commercial: 2018 in Review

CBPR Commercial Agents closed nearly $50 million in commercial transactions in 2018. Office/Industrial/Retail accounted for nearly $35 million, Land was $4.1 million and multifamily was nearly $11 million. This activity was spread throughout the Valley in submarkets...

A History of 10-Year Yields

Goldman recently published this annotated chart that depicts the history of 10-year Treasury Yields going back to the early days of the Country.  A little perspective can be nice...

Investor demands in 2018

Some notes on early 2018 activity: So far, investors probing within or purchasing assets in Southern Nevada have been in full force this January. A majority of our clients are private companies or high net-worth individuals, with the rare institutional buyer mixed in....

Construction Cost Pressures

Even before the hurricanes ravaged parts of Texas and Florida, lumber prices were on the increase. But with the anticipated rebuilding demand, wildfire ravaged British Columbia and Montana, and U.S duties on Canadian lumber, we can expect some impactful increases in...

The Top Sales of 2017 YTD

Top sales of 2017 to date. Office The developer of the Gramercy office buildings sold the portfolio of two, four-story office buildings for $32.1 Million. The project is 187,000 square feet and includes CalAtlantic, HMS Holdings Corp, Regus and Touchstone Living...