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… Read more

Global Real Estate Investment and Risk: An Interview with David J. Lynn, Ph.D., CRE

Volume 38, Number 2 Published: Fall 2013 Interviewer: Mary C. Bujold, CRE Editor in Chief, Real Estate Issues® President, Maxfield Research, Inc. Minneapolis, Minnesota Interviewee: David J. Lynn, Ph.D., CRE Executive Vice President, Chief Investment Strategist Cole Real Estate Investments Phoenix, Arizona Introduction One of the subjects on The Counselors of Real Estate’s “Top Ten… Read more

Golf Courses and Tax Assessments: Just One Right Way?

Fall 2013, Vol. 38, No. 2 Abstract: This article addresses inconsistency that exists in valuation methodology for golf course properties in ad valorem tax assessment cases. In many instances, jurisdictional rules or laws or court decisions incorrectly interpret the methods and techniques applicable to developing accurate values of the different types of golf course properties, often… Read more

Underwater Mortgages: Can Eminent Domain Bail Them Out?

Volume 38, Number 2 Fall 2013 By Anthony F. DellaPelle, Esq., CRE, and Cory K. Kestner, Esq. Photo: cherezoff/Shutterstock.com Introduction The Genesis of the Concept Discussion of the use of eminent domain to seize “underwater” residential mortgages began in mid-2012, when it was conceived as a potential way to improve the housing market and to assist… Read more

Bright Spots and Blind Spots

Fall 2013, Vol. 38, No. 2 Abstract: What are the bright spots and blind spots in the U.S. economy and real estate in the second half of 2013? How do four options, including the Fed monetary policy, the housing recovery, energy and manufacturing, affect the outlook? In this article, noted economist K.C. Conway, chief economist/USA, Colliers… Read more

The Consequences of Tax Exempt Debt for Private Real Estate Development: The Case of The Villages

Fall 2013, Vol. 38, No. 2 Abstract: Tax exempt debt in the United States is commonly secured by special districts to provide a variety of infrastructure routinely treated as public facilities. In some cases, these special districts are largely controlled by private interests, and the infrastructure or services support what might otherwise be viewed as the facilities normally required of real estate development. In this article, the author takes... Read More