Apartment Market – 2015 Recap
Demand Supported by broad-based employment growth as well as favorable demographic and secular trends, healthy absorption figures supported tight market fundamentals in the national apartment market through 2015 in spite of a wider new construction pipeline. Non-farm employment at the national level increased by 2.0% year-over-year at the close of 2015 on the net addition […]
Tax incentive for conservation easement donations made permanent
A provision in the federal Consolidated Appropriations Act of 2016, HR2029, which was signed into law in late December, makes the tax incentive for conservation easement donations permanent. The incentive will be applied retroactively to take effect Jan.1, 2015. Making the tax incentive permanent has been a priority for conservation interests for a decade, and […]
Market View Q3 2015
Economic and Real Estate Market Snapshot Article Highlights: • National economic activity on the upswing • Homebuilding, business investment and consumer spending drive economic growth • Housing Market Index increased to highest level since October 2005 • Non-farm employment increased by approximately 513,000 jobs • Unemployment is under 5% in 49 of the 82 largest […]
Latest Valuation Viewpoint newsletter is available online
Shenehon Company’s latest issue of Valuation Viewpoint is now available to view online. Articles in this issue include: • Shenehon’s Joshua Johnson offers insights on business valuation matters • Waterfront residential market market toward full recovery • Are there any prevalent trends in discounts? It depends. • Real estate transaction: Northland Plaza in Bloomington, Minnesota […]
Waterfront Residential Market Marches Toward Full Recovery
By: Katherine A. Ostlund The residential market has seen vast improvements in the past two years with values approaching levels experienced prior to the economic downturn. Specifically, the market for waterfront residential properties has appreciated steadily with continued improvement expected. Waterfront properties in the Twin Cities market are highly sought-after and command strong sale prices […]
MN Building owners invited to take part in ENERGY STAR Challenge
Owners and managers of commercial buildings in Minnesota* who register for the Minnesota Energy Star Challenge may receive free or reduced-cost: • Education and assistance related to energy benchmarking • Building audit, conducted by Energy Smart, with suggestions to help a building achieve an Energy Star rating *Buildings in the City of Minneapolis are not […]