Evaluating Coastal Real Estate Value vs. Risk in the Wake of Sea Level Rise

Volume 38, Number 3 Winter 2013 By Valerie Seidel, Hunter Richards, and Owen Beitsch, Ph.D., CRE Photo: ribeiroantonio/Shutterstock.com Introduction As recent hurricane events have demonstrated along the Eastern seaboard, even a relatively mild storm can cause enormous damage to coastal communities. When coastal properties become uninhabitable and roads impassable, the entire community sees the loss… Read more

Features

Downsizing and Workplace Trends in the Office Market

Introduction: Downsizing Space per Worker is a Cost Savings Goal A corporate real estate manager today might say the space target for his/her firm is 150 square feet per worker or even much less. The Government Services Administration (GSA) seems to be aiming for much lower figures and even encouraging telecommuting.[1] Who is downsizing and… Read more

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Adversaries to Allies: Creating Wealth for the Republic of Serbia from Surplus Military Property

Winter 2013, Vol. 38, No. 3 Abstract: This article demonstrates how a counselor’s interdisciplinary skills, critical inquiry and thoughtful analysis of a situation helped a receptive and responsive client look beyond a mere symptom and craft a strategy to advance economic growth in the Republic of Serbia. As part of an initiative to stimulate economic expansion… Read more

Economic Rationale, Highest and Best Use, and Market Valuation Issues for Appraising Inextricably Intertwined Assets

Fall 2013, Vol. 38, No. 2 Abstract: Some complex, special purpose property transactions can possibly include unique rights and interests that will require an appraiser to determine whether that right or interest is portable or permanently attached to the real property being valued. If the right or interest is portable, then that right is personal property,… Read more

The Relationships Between the Real Estate and Stock Markets in Poland

Fall 2013, Vol. 38, No. 2 Abstract: A combination of political, cultural and economic factors contributed to the favorable performance of Poland’s housing and capital markets over the past couple of decades. Study of the returns accruing to participants in those markets, and of the behavior of those markets relative to their international counterparts, is important… Read more

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RESOURCE REVIEW: Dynamic Urban Design: A Handbook for Creating Sustainable Communities Worldwide

Fall 2013, Vol. 38, No. 2 Abstract: What makes urban design dynamic? The author of this book, Michael A. Von Hausen, believes it is taking urban design to a more comprehensive level, essentially uniting urban design and sustainability “in a practical, measured way,” and doing it on a global basis. His proclaimed mission is “to bring sustainable urban form to people around the world.” Reviewer Joe Parker, CRE, thinks the book is a... Read More