Welcome to STCAR/STCAREP real estate marketplace.
Our Commercial Information Exchange is the premier website resource for Commercial Real Estate in South Texas. Encompassing a 44 county area, our property centric database includes retail, industrial, office, land, multi-family, plus farm and ranch listings in one comprehensive website. The STCAR CIE is available to all Texas Real Estate licensees and appraisers. STCAR is changing the way commercial real estate is transacted in South Texas. Join today and subscribe to STCAR CIE.
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NAR Treasurer Bill Armstrong explains why REALTORS in the commercial sector need to be at the Rally to Protect the American Dream, taking place on May 17, in Washington, D.C.
April 2, 2012
On March 26, 2012, Reps. Bachus (R-AL) and Garrett (R-NJ) issued a letter expressing concern to six banking agencies regarding their risk retention proposal, which contained a requirement that securitizers set aside the profits from sales of securities in a “premium capture cash reserve accounts” (PCCRAs). Specifically, the two lawmakers raised concerns that this provision would greatly reduce the securitization market for many asset classes, thereby reducing a vital source of capital for the commercial real estate industry. Given this potential negative... Read More
WASHINGTON (May 3, 2012) - Although commercial real estate markets showed signs of recovery in 2011, commercial lending standards have tightened in the past year for small businesses and scuttled a major portion of contracted transactions for smaller properties, according to the National Association of Realtors® annual Commercial Real Estate 2012 Lending Survey.
Lawrence Yun, NAR chief economist, said there is a significant split in commercial lending depending on value. "This is very much a tale of two markets. There have been notable improvements in capital for large... Read More
The Commercial Real Estate Lending Survey is conducted annually and provides an overview of lending conditions that impact commercial transactions nationally, based on responses from commercial real estate members. The 2012 survey shows that while commercial markets turned a corner in 2011, commercial lending standards have tightened in the past year for small businesses and have remained an obstacle to a major portion of contracted transactions for smaller properties.
Report Highlights
May 7, 2012
On Thursday, April 26, 2012, a coalition of real estate and other business organizations (including NAR) wrote to the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) reaffirming their calls for an economic impact study, extensive field testing, and full re-exposure of the entire lease accounting proposal — with the goal of creating a standard that will meet the tests of the marketplace and fulfill the needs of all stakeholders.
Under the boards’ proposal, U.S. companies that lease commercial space would... Read More
Second Century Ventures, the strategic investment arm of the National Association of Realtors®, has sold ePropertyData (ePD) to Xceligent to create a competitive national alternative in commercial real estate information.
Xceligent will leverage ePD’s commercial information exchange (CIE) solution to help expand its existing coverage of fully researched commercial real estate information into the largest U.S. markets. ePD provides commercial real estate information in... Read More
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A ballot measure pushed by former Phoenix mayor Paul Johnson that would get rid of partisan primary elections is receiving some big union and business contributions.
Johnson wants to get an initiative before voters replacing partisan primaries with nonpartisan ones with the top two vote-getters facing off in general elections. The aim is to dilute conservative power in the state by giving moderates a chance to get in runoffs. The idea has support from some Democrats, more moderate Republicans and...read more
Hong Kong businesswoman Cecilia Ho has gifted a condominium unit at the Ala Moana Hotel with a value of $117,000 to the University of Hawaii Manoa’s Shidler College of Business. The college said it plans to use the condotel unit for visiting professors, faculty candidates and visiting executives-in-residence. Ho, a Shidler College alumna, has authorized the school to sell the unit in the future to fund the Cecilia Ho Endowed Scholarship for Excellence for full-time undergraduate students enrolled...read more
A 2,700-acre ranch on the North Shore of Oahu founded a century ago by Hawaii railroad tycoon Benjamimn Franklin Dillingham has gone on the market for $65 million. The Dillingham Ranch in Waialua includes oceanfront property, Oahu’s North Shore polo grounds and a main lodge built in 1917 that recently underwent a multimillion-dollar restoration. “This is a once-in-a-lifetime opportunity to acquire such an iconic landholding,” said Ed Rapoza of Island Land Co., who represents the listing along...read more
A proposed Gaylord Entertainment Co. hotel/conference center in Colorado received approval for state Regional Tourism Act funding Friday, although the amount approved was lower than its backers were seeking.
Gaylord CEO Colin Reed had said earlier this month that his Nashville-based hospitality company would not move forward with the planned 1,500-room, $824 million facility if it did not receive everything it sought from the state.
But after the Colorado Economic Development Commission voted to...read more
U.S. Bankruptcy Court Judge Timothy Dore ruled against Bellevue businessman Tom Hazelrigg III Friday morning, saying Hazelrigg could not refuse to answer questions about his finances in his involuntary bankruptcy by making a blanket assertion of his Fifth Amendment privilege against self-incrimination. Hazelrigg had turned in largely blank bankruptcy schedules earlier with a notation that he was asserting his Fifth Amendment right. “It’s hard to imagine some of these questions are protected...read more
Hamid Shojaee is adding publisher to a bio that includes tech entrepreneur, software CEO and incubator developer.
Shojaee, CEO of Axosoft in Scottsdale, launched his latest creation, AZTechBeat.com, earlier this week as a way to provide more in-depth coverage of the state’s software and technology industry than what currently exists.
It’s not just the coverage that is lacking, but an overall sense that software isn’t a viable industry in Arizona, despite numerous startups, Shojaee said.
"Facebook...read more
Amkor Technology is planning to build a $350 million factory and research and development complex in Seoul, South Korea, over the next three to four years. The Chandler-based semiconductor manufacturing and testing firm (Nasdaq: AMKR) said the facility will continue its work of packaging semiconductors as well as testing them. "We are making a strategic, long term investment in our core manufacturing and research infrastructure. It is a commitment to the future," said Ken Joyce, Amkor’s president...read more
The North American Development Bank has closed on a $65 million loan agreement with SunEdison that will be used toward the construction of a 20-megawatt solar park in Picture Rocks, Ariz.
SunEdison will supply electricity to Tucson Electric Power over a 20-year period. The solar park will consist of hundreds of photovoltaic modules on a 250-acre lot owned by Tucson Water, a department of the City of Tucson.
San Antonio-based NADB is a financial institution established and capitalized in equal parts...read more
Intel Corp. on Thursday said it plans to cut greenhouse gases by 10 percent per chip by 2020, while in the same time making notebook computers 25 times more efficient.
As Sustainable Business Oregon reports, those ambitions are among several new environmental goals the Santa Clara, Calif.-based chip-maker (NASDAQ: INTC) hopes to achieve by 2020.read more
Good magazine released a list of 40 companies that its editors determined are making the world a better place. Portland has three of its companies on the list: gDiapers, Keen Footwear and New Seasons Market.
As Sustainable Business Oregon reports, companies were judged based on their core values including diversity, creativity, globalization, social responsibility, sustainability and innovation. The project was sponsored by IBM Corp.read more
A high-ranking delegation from the South Korean government was in Portland Thursday to sign a memorandum of understanding with Portland Mayor Sam Adams formalizing a partnership to work together on sustainable city development.
As Sustainable Business Oregon reports, the Korean delegation is from the Multifunctional Administrative City Construction Agency, charged with building a new capital city 75 miles south of Seoul.read more