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Owners of commercial real estate benefited under the original rules of Proposition 13: If a corporation owning commercial property (such as a shopping mall) was sold or merged, but the property stayed technically deeded to the corporation, ownership of the property could effectively have changed without triggering Proposition 13's reassessment ...
In San Francisco, Starcity is converting unused parking garages, commercial spaces and offices into single-room residential units, where tenants (tech professionals are the typical renter) get a furnished bedroom and access to wifi, janitor services and common kitchens and lounges for $1,400 to $2,400 per month, an approach that has been called ...
When rent control ended in Cambridge, the city realized a 20% increase in new development and an increase in property values, according to a study by the MIT Center for Real Estate. [29] History reveals that these regulations are constantly in flux and adapting to situations such as natural disasters, economic crises, and pandemics.
La Jolla is a highly valued real estate market in San Diego. San Diego has high real estate prices. San Diego home prices peaked in 2005, and then declined along with the national trend. As of December 2010, prices were down 36 percent from the peak, [171] median price of homes having declined by more than $200,000 between 2005 and 2010. [172]
In Germany, real estate appraisal is known as real estate valuation (Immobilienbewertung). Real estate appraisers (Immobilienbewerter or Gutachter) can qualify to become a Öffentlich bestellter und vereidigter Sachverständiger (officially appointed and sworn expert). However, this formerly very important title has lost a lot of its importance ...
When Venice of America opened on July 4, 1905, Kinney had dug several miles of canals to drain the marshes for his residential area, built a 1,200-foot-long (370 m) pier with an auditorium, ship restaurant, and dance hall, constructed a hot salt-water plunge, and built a block-long arcaded business street with Venetian architecture. Kinney ...
Following the California Gold Rush, Bernal sold what later became the Bayview–Hunters Point area for real estate development in 1849. Little actual development occurred but Bernal's agents were three brothers, John, Phillip and Robert Hunter, who built their homes and dairy farm on the land (then near the present-day corner of Griffith Street ...
Miami [b] is a coastal city in the U.S. state of Florida and the county seat of Miami-Dade County in South Florida.It is the core of the Miami metropolitan area, which, with a population of 6.14 million, is the second-largest metropolitan area in the Southeast after Atlanta, and the ninth-largest in the United States. [9]