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    December 1st Through 12th, 2014: Read More

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    Baltimore's real estate revenue exceeded projections for the past fiscal year by nearly $53 million due to rising property values and increased real estate transactions. Transfer and recordation taxes, which indicate buying and selling activity, were up significantly. For the current fiscal year, which ends in June 2015, real estate revenues are also projected to be higher than originally estimated, which could help offset an anticipated $14.8 million budget deficit. Full service commercial brokers argue they provide the best deals for tenants compared to tenant-only brokerage firms. They claim any reputable full service firm will avoid conflicts of interest that could disadvantage tenants. Maintaining trust and integrity is important for maintaining their position in the industry. Mortgage rates

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    December 1st Through 12th, 2014: Read More

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    Baltimore's real estate revenue exceeded projections for the past fiscal year by nearly $53 million due to rising property values and increased real estate transactions. Transfer and recordation taxes, which indicate buying and selling activity, were up significantly. For the current fiscal year, which ends in June 2015, real estate revenues are also projected to be higher than originally estimated, which could help offset an anticipated $14.8 million budget deficit. Full service commercial brokers argue they provide the best deals for tenants compared to tenant-only brokerage firms. They claim any reputable full service firm will avoid conflicts of interest that could disadvantage tenants. Maintaining trust and integrity is important for maintaining their position in the industry. Mortgage rates

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    Baltimore's real estate revenue exceeded projections for the past fiscal year by nearly $53 million due to rising property values and increased real estate transactions. Transfer and recordation taxes, which indicate buying and selling activity, were up significantly. For the current fiscal year, which ends in June 2015, real estate revenues are also projected to be higher than originally estimated, which could help offset an anticipated $14.8 million budget deficit. Full service commercial brokers argue they provide the best deals for tenants compared to tenant-only brokerage firms. They claim any reputable full service firm will avoid conflicts of interest that could disadvantage tenants. Maintaining trust and integrity is important for maintaining their position in the industry. Mortgage rates

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    66 views2 pages

    December 1st Through 12th, 2014: Read More

    Uploaded by

    Anonymous Feglbx5
    Baltimore's real estate revenue exceeded projections for the past fiscal year by nearly $53 million due to rising property values and increased real estate transactions. Transfer and recordation taxes, which indicate buying and selling activity, were up significantly. For the current fiscal year, which ends in June 2015, real estate revenues are also projected to be higher than originally estimated, which could help offset an anticipated $14.8 million budget deficit. Full service commercial brokers argue they provide the best deals for tenants compared to tenant-only brokerage firms. They claim any reputable full service firm will avoid conflicts of interest that could disadvantage tenants. Maintaining trust and integrity is important for maintaining their position in the industry. Mortgage rates

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    December 1st through 12th, 2014

    Baltimore's real estate revenue soars as transactions, property values rise


    12/9/14, Baltimore Business Journal, Kevin Litten
    I reported Monday that Baltimore is facing a $14.8 million deficit due in part to disappointing revenue from Horseshoe Casino
    and police overtime spending. But a closer look at the numbers both projected for the fiscal year ending June 30, 2015 and
    the revenues closed out from last year shows real estate is crushing earlier predictions. Here's a closer look at those
    numbers provided by the city's budget director, Andrew Kleine, with some additional data I asked for that wasn't included in his
    presentation. Let's start with last fiscal year, which ended in June. Real estate transactions and rising property values helped
    the city rake in nearly $53 million more than the $755.3 million originally projected, and was almost evenly split between
    property tax revenue and the transfer and recordation taxes. The transfer and recordation taxes in some ways are most
    interesting because they indicate very specific market activity, namely the buying and selling of real estate (transfer taxes) and
    refinancing (recordation taxes). Read more

    Rebuttal: Full Service Brokers Give Tenants Best Deal


    12/9/14, GlobeSt.com, Erika Morphy
    WASHINGTON, DCThe debate over whether tenant-only brokerage firms are better for tenants flared recently with the
    release of a report that found full service firms will favor landlords over tenants when representing both in a deal. We looked at
    that report's findings yesterday in this article a report, it must be noted again, that was commissioned by Cresa. The actual
    study was conducted by George Washington University and Peter Smirniotopoulos, founder and principal of petersgroup
    consulting and an adjunct professor of Real Estate at George Washington University. In today's article, the full-service firms
    challenge that finding. For starters, any full service company that hopes to maintain a reputation of integrity and trust in the
    market will not allow a conflict of interest to arise under its roof, Newmark Grubb Knight Frank CEO Barry Gosin
    tells GlobeSt.comfor both ethical reasons and practical ones as well. The commercial real estate sector is a clubby, insular
    community, where most of the players in the individual markets know each other or know of each other, he said. Read more

    Top 10 Business Trends That Will Drive Success In 2015


    12/9/14, Forbes, Ian Altman
    In 2015, you have an opportunity to take some risks, change how you market and sell, as well as define your niche in your
    market. Here are my predictions for ideas and trends that will shape sales and business development for top performing
    companies in 2015.
    1,The Role of Salespeople Will Evolve
    Savvy customers dont value old-school, pressure-based, manipulative sales methods. In fact, many executives say theyll
    decide to not select a vendor because of a negative sales experience. Customers value subject matter experts (as I
    highlighted for 2014 Trends). As customers increasingly value subject-matter experts, salespeople need refined consultative
    skills. Top companies will invest prudently in teaching those individuals how to identify and cultivate opportunities that are a
    great fit for your business not old-school selling tactics. Theyll discover how customers make buying decisions and what you
    can do to add the most value for your customers. This will lead to better alignment between buyers and sellers and will put
    both parties on the same side of the table. Read more...

    Mortgage rates tick up slightly following strong employment report


    12/11/12, Washington Post, Kathy Orton
    Following last weeks strong employment report, according to the latest data released Thursday by Freddie Mac. Depending
    on what comes out of next weeks Federal Open Market Committee meeting, this latest rise could be a precursor of higher
    rates. The Mortgage Bankers Association has predicted that the average rate on a 30-year, fixed-rate mortgage will slowly
    move to above 5 percent by the end of 2015. Even so, the 30-year fixed-rate average hasnt topped 4 percent in a month.
    Despite reversing course after four straight weeks of declines, the 30-year fixed rate climbed only to 3.93 percent with an
    average 0.5 point. It was 3.89 percent a week ago and 4.42 percent a year ago. The 15-year fixed-rate average increased to
    3.2 percent with an average 0.5 point. It was 3.1 percent a week ago and 3.43 percent a year ago. Hybrid adjustable rate
    mortgages were mixed. The five-year ARM average rose to 2.98 percent with an average 0.5 point but stayed below 3 percent
    for the second week in a row. It was 2.94 percent a week ago and a year ago. The one-year ARM average dropped to 2.4
    percent with an average 0.4 point. It was 2.41 percent a week ago. Read more...

    MacKenzie is committed to helping firms capture a competitive advantage through commercial real estate. We have a proven approach, a skilled, multidisciplined team, and the in-depth local market knowledge necessary to succeed in Maryland's business environment.
    MacKenzie is a full-service commercial real estate company offering services in leasing and sales, construction, development, GIS and research,
    property management, and debt and equity placement.

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