TCN netWORKING: TCN Worldwide Deals, Industry News and Highlights

This is a great article from Yann Reichelt, CPA, Advisor with Mid-Atlantic Commercial's Storage Acquisition Group. Serving Hampton Roads and southeastern Virginia, Mid-Atlantic Commercial has been a member of TCN Worldwide since 2009.

In this article, Yann outlines some of the ways the proposed tax changes could affect real estate owners. He touches on the proposed changes for 1031 Exchanges, Capital Gains, and the Estate/Gift Tax. Click to download the article.
 

Top 20 Markets for Multifamily Sales in the First Half of 2021

Wealth Management Real Estate: Data from Real Capital Analytics showed some major reshuffling among the U.S. markets multifamily investors pouring money into during the first half of the year.

Overall Asking Prices for CRE Assets Hit Record Increase in Q2

GlobeSt.com: The average asking rate per month per square foot jumped 3.25% over Q1 figures.

Moody's Analytics - Q2 2021 Office First Glance

Moody's Analytics: Distress on the Occupancy Side – But Not So Much on the Rent Side.

TCN Worldwide Commercial Focus, Q2 2021: Top TCN Worldwide Member Deals

TCN Update: Check out these top TCN member deals for Q2 of 2021! Congratulations to George Larson at Barclay Street Real Estate/TCN Worldwide in Calgary who completed the transaction with the highest total value for the quarter, a 242 unit multi-family sale valued at $38.5M!

PW Commercial Real Estate/TCN Worldwide in Chicago Represents Realterm Logistics in Full Site Lease Up

Member Deal Announcement: Marc Hale, Ed Wabick, SIOR, and Terry Lynch, SIOR, at PW Commercial recently represented Realterm Logistics in fully leasing its newly acquired property located along 52nd Street just west of Pulaski in Chicago, IL. The property is now fully leased after undergoing a massive renovation and being on the market for less than a year.

Landmark Commercial Realty Inc./TCN Worldwide in Harrisburg Announced Several Recent Transactions Including a 30,000+ SF Lease at 151 Allendale Road

Member Deal Announcement: Landmark Commercial Realty has leased more than 30,000 square feet of space at 151 Allendale Road to Keystone Nationals Select Baseball. This location will serve as the new headquarters and training facility for one of the elite youth baseball programs in Central Pennsylvania. Chuck Heller and Nick Sallack of Landmark Commercial Realty represented the landlord, Parath LLC; Sean Fitzsimmons, also of Landmark, represented the tenant.

Gatski Commercial Real Estate/TCN Worldwide in Las Vegas Brokered the Sale of a 20,000+ SF Garden-Style Office Building Located at 3885 S. Decatur Boulevard

Member Deal Announcement: Congratulations to Laramie Bracken and Brenda Olson with Gatski Commercial for brokering the sale of this +/-20,332 SF office building.