The (Other) Coastal Economy: Mobile is the Economic Engine for Coastal Alabama
Summer 2009, Vol. 34, No. 2 Abstract: In a new, and hopefully, regular feature which examines the conditions, developments and trends in local and regional economies, this article takes a look at Mobile, Alabama, an economy that is being called the “economic engine” for the coastal part of the state.
Review: Real Estate and the Financial Crisis: How Turmoil in the Capital Markets is Restructuring Real Estate Finance
Volume 34, Number 2 Summer 2009 Reviewed by Steve Price, CRE Tony Downs’ 2007 Book Niagara of Capital documented the causes of hyper-liquidity, loose credit and rapid asset appreciation in commercial and residential real estate markets. His new book follows that excellent account with an equally accurate but more forward-looking volume. Real Estate and the… Read more
Review: Creating Great Town Centers and Urban Villages, and Regenerating Older Suburbs
Summer 2009, Vol. 34, No. 2 Abstract: What’s in your corporate library? CREs Maura Cochran and Peter Holland chose two books from their own library that they have found invaluable. In this review, they discuss how material from both books has applied to their own assignments, which required them to research urban and inner-ring suburban renewal… Read more
Use of the Income Approach in Valuing a Sand and Gravel Property in a Condemnation Proceeding
Summer 2009, Vol. 34, No. 2 Abstract: The legal concept of “Market Value” is applied by courts to determine the amount of just compensation for takings. This article finds that valuing sand and gravel property using the income approach is the most appropriate method of valuation, and that the court’s process of determining just compensation should… Read more
Appraisal Requirements for Charitable Deductions
Summer 2009, Vol. 34, No. 2 Abstract: Most taxpayers are familiar with the benefit of charitable deductions, as provided under the federal income tax law, Code §170. These charitable deductions have been in existence for many decades. Not surprisingly, valuation issues spawn much controversy. This article addresses the regulations, under Treasury Reg. §1.170A-13, and generally under… Read more
Mixed-Use Development and Financial Feasibility: Part II – Physical, Phasing, Design and Public Policy Factors
Summer 2009, Vol. 34, No. 2 Abstract: As mixed-use development grows in popularity, the economic and financial factors that lead to financial feasibility and success need to be known and understood. Some of them were discussed in Part One of this article, which was published in the previous issue of Real Estate Issues. This article, Part Two, extends the discussion to physical factors, design features and public policy factors, and their role... Read More