Curtis D. Harris, BS, CGREA, REB
Associate Degree in Architecture, LACCBachelor of Science in Real Estate, CSULA
State Certified General Appraiser
Real Estate Broker
ASTM E-2018 Commercial Real Estate Inspector
HUD 203k Consultant
HUD/FHA Real Estate Appraiser/Reviewer
FannieMae REO ConsultantCTAC LEED-GREEN Certificate The Harris Company, Forensic Appraisers and Real Estate Consultants
*PIRS/Harris Company and the Science of Real Estate-Partners Since 1984*630 North Sepulveda Boulevard, Suite 9A
El Segundo, CA. 90245
310-251-3959 CellWebSite: http://www.harriscompanyrec.com Resume: http://www.harriscompanyrec.com/rESUME2011.pdf Commercial Appraiser Blog: http://commercialappraiser.typepad.com/blog/ IT'S THE LAW-Designation Discrimination is Illegal [FIRREA, Sec. 564.6]: Professional Association Membership: "A State Certified General Appraiser may not be excluded from consideration for an assignment for a federally related transaction by virtue of membership or lack of membership in any particular appraisal organization," including the appraisal institute. http://www.ofi.state.la.us/re-otspart565.pdf CONFIDENTIALITY/PRIVILEGE NOTICE: This transmission and any attachments are intended solely for the addressee. The information contained in this transmission is confidential in nature and protected from further use or disclosure under U.S. Pub. L. 106-102, 113 U.S. Stat. 1338 (1999), and may be subject to consultant/appraiser-client or other legal privilege. Your use or disclosure of this information for any purpose other than that intended by its transmittal is strictly prohibited and may subject you to fines and/or penalties under federal and state law. If you are not the intended recipient of this transmission, please destroy all copies received and confirm destruction to the sender via return transmittal.
From: Real Estate Investment SmartBrief [mailto:email@example.com]
Sent: Friday, 21 April, 2017 11:24 AM
Subject: Mnuchin says comprehensive tax reform plan to be released shortly
Mnuchin says comprehensive tax reform plan to be released shortly | CAQ's Ide: Non-GAAP metrics provide important insights | Survey: Investors prefer European over US equities
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April 21, 2017The daily source on REITs and real estate investmentSIGN UP ⋅ FORWARDTop News
Mnuchin says comprehensive tax reform plan to be released shortly
At an industry event, Treasury Secretary Steven Mnuchin said the Trump administration will release its plan for a comprehensive tax overhaul "very soon." He also said the plan would be a simultaneous reform of both corporate and individual taxes, instead of a more modest approach as some have speculated.
The Wall Street Journal (tiered subscription model) (4/20)
CAQ's Ide: Non-GAAP metrics provide important insights
Non-Generally Accepted Accounting Principles financial information also provide important insights to investors, says Catherine Ide, senior director of professional practice at the Center for Audit Quality, noting that CAQ has called for a conversation about the use of these measures. "We believe the auditing profession is uniquely positioned to foster this dialog because we have a lens into many facets of those stakeholders in this process," she says.
Survey: Investors prefer European over US equities
Global fund managers are choosing European stocks over US equities, according to a survey by Bank of America Merrill Lynch. Of 203 fund managers surveyed, a record 83% say US stocks are overvalued.
The Wall Street Journal (tiered subscription model) (4/19), Financial Times (tiered subscription model) (4/19)
Schroders to acquire private equity firm Adveq
Swiss private equity firm Adveq Holding, which manages more than $7 billion, is being sold to UK asset manager Schroders. The sale is likely to close in the second half of this year.
Real Estate Marketplace
Industrial warehouse sector positioned for continued positive growth
All of the 45 industrial markets tracked by Reis are experiencing positive growth. The top five markets for warehouse/distribution construction activity this year are Dallas; Chicago; San Bernardino/Riverside, Calif.; Kansas City, Kan.; and Central New Jersey.
National Real Estate Investor online (4/20)
Report: Multifamily sentiment remains lackluster
Sentiment in the multifamily community remains below the break-even level of 50 for the third consecutive quarter in all four indices published by the National Multifamily Housing Council, which cover market tightness, debt and equity financing and sales volume "After years of lagging behind the increase in apartment demand, new supply is finally coming on line in sufficient quantity to alter [the previous] supply-demand imbalance," says chief economist Mark Obrinsky.
Green Street: Private real estate values expected to remain flat
Private real estate market values are probably going to be flat for the next six to 12 months, says Cedrik Lachance, director of US REIT research at Green Street Advisors. In the REIT market, manufactured homes, storage, apartments and malls are attractively priced, he says, adding that the "mall business clearly is in a period where it has to reinvent itself."
AccorHotels sees signs of a turnaround in France
AccorHotels says hotel occupancy in France is on the rise after a steep decline in demand following a series of terrorist attacks. Worldwide, AccorHotels reported first quarter revenue growth of 35%, with a 7.4% like-for-like rise.
§ Report: Existing-home sales in March hit 10-year high Bloomberg (4/21)
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