AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Close
Create a link to this page
Copy and paste this link tag into your Web page or blog:
<a href="http://www.accessmylibrary.com/article-1G1-166693912/tax-appeals-and-net.html" title="Facts and information about Tax appeals and net leased properties: Bruce Stavitsky discusses recent court decisions in property tax litigation that concern net leased properties.">Tax appeals and net leased properties: Bruce Stavitsky discusses recent court decisions in property tax litigation that concern net leased properties.</a>
Close
Set up an RSS feed that alerts you when new articles from Journal of State Taxation are available.
Frequently asked questions about RSS feeds
Tax appeals and net leased properties: Bruce Stavitsky discusses recent court decisions in property tax litigation that concern net leased properties.
What Is Real Property?
Real property has been defined as including "all interests, benefits, and rights inherent in the ownership of physical real estate." Real estate is defined as the "physical land and appurtenances affixed to the land such as structures. Real estate is immobile and tangible." (1) Recent decisions by some courts in property tax litigation have been turning that definition on its head and it is important that practitioners address this issue at this time. The decisions focus on net leased drug stores encumbered by long-term net leases at rates that are typically above market for retail properties similar in size, age, condition and location.
...
Related articles from newspapers, magazines, journals, and more
For more facts and information, see all results
- CB Richard Ellis Investors LLC Unveils $500 Million Investment Program for...
- Press release article from: Business Wire October 14, 1999 700+ words
...disownership' strategies, including net-leased/sale-leasebacks and other...credit" and "noncredit" net-leased properties and portfolios. CB Richard Ellis...million in single-tenant, net-leased investment transactions in the...
- Marcus & Millichap Real Estate Investment Services has announced the sale of a...
- Magazine article from: Real Estate Weekly April 23, 2008 700+ words
...for $1,025,000.00, according to Edward Jordan, regional manager and East Coast director of the firm's Net Leased Properties Group. The sales price is representative of the property's $82 psf price, 7.85 times the rent roll and...
- Marcus & Millichap Real Estate Investment Services has announced the sale of a...
- Magazine article from: Real Estate Weekly April 9, 2008 700+ words
...Edward M. Jordan, regional manager of the firm's Manhattan office and east coast director of the firm's Net Leased Properties Group. The property's sales price at $451 psf represents a 6.5% cap rate on the property's net operating...
- One Liberty Properties Acquires a Portfolio of 11 Net Leased Properties.
- Press release article from: Business Wire April 7, 2006 700+ words
...mortgage encumbering all eleven properties. The properties are net leased on a long term basis to Haverty Furniture Companies, Inc...objective of acquiring well-located, quality real property net leased on a long-term basis." One Liberty is a New York-based...
- American Financial Realty Trust Completes Resnick Portfolio Sale of Net-Leased...
- Press release article from: Business Wire April 11, 2006 700+ words
JENKINTOWN, Pa. -- American Financial Realty Trust (NYSE: AFR), announced that it has closed the previously announced sale of five properties aggregating approximately 1.16 million square feet to Resnick Development Corp., a subsidiary of Jack Resnick & Sons, Inc. The gross sale price was $301
- AEI Fund Management, Inc. Increases Current Investment in Net Leased Tractor...
- Press release article from: Business Wire March 23, 2009 700+ words
...Tractor Supply tenanted long term net leased properties. "The addition of yet another...Supply store to AEI commercial net leased real estate funds confirms our strategy of owning high quality net leased properties with tenants that are the leaders...
- AEI Capital Corporation Increases Its Investment in Best Buy Net Leased...
- Press release article from: Business Wire May 4, 2009 700+ words
...property investment Funds. "Net leased Best Buy stores within AEI commercial net leased real estate funds confirms our strategy of owning high quality net leased properties occupied by tenants who are the...
- Boulder Net Lease Funds Announces Acquisition of Net Leased Northrop Grumman...
- Press release article from: Business Wire January 4, 2006 700+ words
...leading national investor in net leased properties, announced today that it acquired...building in Clearfield, Utah net leased to Northrop Grumman. The purchase...funds focused exclusively on the net leased sector. Boulder Net Lease Funds...