Tenant-in-Common Investments Attract Rich, Hopeful
( February 10, 2006) – The latest strategy for investors in Louisville commercial property eager to avoid capital gains tax is based on an old English form of ownership called tenancy in common.
Unlike a real estate investment trust or a limited partnership, a TIC is structured so that participants are direct […]
Huge news on the Louisville commercial real estate front today! The new design for a mixed-use tower downtown has been unveiled to the Louisville commercial real estate market. Have a read!
Louisville can fill space plaza offers, officials say. Mixed use may help bold design succeed.
Though gasp-inducing in scope, the 61-story Museum Plaza slated for Louisville’s […]
Local councilman to develop land in Highlands
Local businessman Jim King plans to buy eight acres along Newburg Road near Creason Park in the Highlands.
The purchase price is “roughly $2 million,” King, president of Louisville-based King Southern Bank, said in a news release. He expects to close on the transaction by March 15.
The land had been […]
Forecast Looks Good for Commercial Real Estate
With the U.S. economy growing and foreign investment at an all-time high, mortgage industry economists are predicting a solid year for commercial real estate (louisville).
“We’re looking for a pretty good year, at least as good as last year and possibly better,” says Doug Duncan, chief economist of the Mortgage […]
NTS Realty Holdings to buy Indianapolis properties
Louisville commercial real estate company NTS Realty Holdings LP has agreed to purchase two multifamily properties in Indianapolis from AMLI at Castle Creek LP and AMLI Residential Properties LP.
The properties are commonly known as AMLI at Castle Creek and AMLI at Lake Clearwater, according to a news release.
Castle Creek […]
Wachovia Tops the List of Commercial Lenders
Wachovia, with $233.2 billion in master and primary loan servicing, topped the Mortgage Bankers Association list of commercial and multifamily loan servicers for 2005.
The MBA released the list Tuesday at its annual meeting in Orlando, Fla. Rounding out the big four are GMAC Commercial Holding Corp with $231.5 billion, […]
Pinnacle Properties of Louisville LLC plans to develop a $10 million Louisville commercial real estate office park at Eastpoint Business Center that will cater to professional users looking for condominium-style space.
Eastpoint Professional Park will consist of as many as 12 individual buildings with a total of 72,000 square feet.
Construction of the first building is expected […]
More shopping options and professional services soon will be headed to far eastern Jefferson County as the result of Louisville commercial real estate expansion under way at Landis Lakes TowneCenter.
Faulkner Real Estate Corp. has started construction of a second, 42,000-square-foot retail and office facility at the burgeoning commercial development at Shelbyville and South English Station […]
Innotrac Corp., a company that provides fulfillment and logistics for Target.com, has signed a lease with Duke Realty for 646,468 square feet of new bulk warehouse space at the Hebron Industrial Park on Litton Lane. The deal will bring 300 jobs to Boone County.
Duke started the building speculatively in November, signed the lease with Atlanta-based […]
NTS Realty, a Louisville commercial real estate company, selling Orlando apartments, buying properties in Tennessee, Virginia
NTS Realty Holdings LP has sold Golf Brook and Sabal Park apartments, its multifamily properties in Orlando, Fla., to two unaffiliated Florida entities for a total purchase price of $71.5 million.
The buyer of Golf Brook, a 195-unit complex, is a […]
