Seen as most likely option if other exit choices don’t prove viable
Market experts are bracing for a possible wave of initial public offerings to hit the real estate world in the next two to five years as many speculate that private-equity firms may use IPOs as exit visas.
Such firms have been on a tear over [...]
- source: Commercial Real Estate News Direct
crenews.com
When bids came in 10 percent below its asking price for a Tampa, Fla., office building, Blumberg Capital Partners stirred the process by offering gap financing.
The Coral Gables, Fla., firm eventually got the property under contract for the full asking price after it had provided the buyer 15 percent financing for the transaction.
According to Philip [...]
NFIB
It’s become such common knowledge that it’s almost cliché to say it: We spend most of our time at work. Everyone knows this, yet there are many employers who give scant thought as to the conditions of our home away from home. This is an unfortunate oversight because the appearance, comfort, cleanliness and security—or [...]
TMC.net
If the message that workers sometimes receive during tough economic times is “your job is your perk,” it seems unlikely that an employer would give a rip about the decor, or the break room, or the room temperature.
Yet experts say that employers who pay attention to such niceties are more likely to retain their best [...]
chicagotribune.com
The perfect office: Nap areas. Energy-efficient elevators. Color. Free food.
A survey of office workers’ attitudes toward their work spaces found that a third had taken or left a job because of the amenities or unsavory conditions of a building. Another one in three worried about sickness or injury due to the unsanitary or unsafe state [...]
As reported by crefeed.com, Mosaic Properties, LLC has finalized the purchase of a 6,803 square foot office building in downtown Minneapolis for $1 million, another in a line of recent sales in the greater Minneapolis area (Holliday Fenoglio Fowler recently purchased office space in the same area for $28.5M, and ASB Real Estate Investments acquired [...]
ShadoVVerk
A survey by Blumberg Capital Partners has come to this conclusion…
“The biggest complaint among the 500 office workers surveyed was extreme temperatures in the office followed closely by unclean restrooms, outdated furniture, persistent odors, leaky ceilings, crime and rodents or insect problems.
Among the amenities that are most desirable by [...]
- source: U.S. News & World Report
U.S. News & World Report
Office workers may want improved conditions, but experts say other factors are still key
Large-scale layoffs were up in March from a year ago, a fact that could have many workers fretting about their job security. But some are apparently focused on less extreme problems, like the shoddy artwork in their office [...]
CNBC.com
Forget job perks like access to the company car or a cushy expense account. Keeping and recruiting employees might be as easy as keeping the bathrooms clean.
One-in-three employees surveyed by Blumberg Capital Partners, a U.S. investment firm that specializes in commercial real estate, have accepted or left a job due to the condition of the [...]
CORAL GABLES, Fla., April 24 — Philip Blumberg’s Blumberg Capital Partners, the U.S. investment firm and commercial real estate investment fund, today released verbatim comments and regional comparisons from its landmark survey of office workers. The comments from the survey respondents highlight the range of conditions under which U.S. office workers toil.
In the survey, a [...]