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O'CONNOR REAL ESTATE EVENTS
  • Apartment Forecast Luncheon 
    January 21st, 11:30 a.m. - 1:00 p.m.
    Location:
    Intercontinental Hotel 
    2222 West Loop South, Houston
    Speakers: 
    Richard Zigler, Kaplan Management Co., Inc.
    TBA

  • Office Forecast Luncheon 
    February 18th, 11:30 a.m. - 1:00 p.m.
    Location:
    Intercontinental Hotel
    2222 West Loop South, Houston
    Speakers: 
    John Pruitt, CB Richard Ellis
    Brandi McDonald, TRANSWESTERN

  • Economic Forecast Luncheon 
    March 11th, 11:30 a.m. - 1:00 p.m.
    Location:
    TBA
    Speakers: 
    Bill Gilmer, Federal Reserve Bank of Dallas
    Dr. Barton Smith, IRF Center for Public Policy

  • Land Forecast Luncheon 
    March 25th, 11:30 a.m. - 1:00 p.m.
    Location:
    Courtyard on St. James
    1885 St. James Place, Houston
    Speakers: 
    Charles Schwartz, Avanti Investment Advisors Inc.
    Phil Lewis, McDade, Smith, Gould, Johnston, Mason + Company 

  • Retail Forecast Luncheon 
    April 22nd, 11:30 a.m. - 1:00 p.m.
    Location:
    TBA
    Speaker: 
    Ed Wulfe, Wulfe & Co.

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Cost Segregation Houston Texas - O'Connor and Associates



Real Estate News

Federal Reserve Begins Fixed-Rate MBS Purchases
NEW YORK CITY-GSE spreads are rising, which will limit the beneficial impact of this move.

Plaza Stops 860,000-SF Mall Redo
FRANKLIN TOWNSHIP, OH-The 40-year-old Columbus-area mall, down to 25% occupied, was supposed to get a large Menards until economic problems postponed that plan.

Etak, Vitas Lease at Woodridge Centre
WOODRIDGE, IL-Etak Systems Inc. and Vitas Innovative Hospice Care have leased space at the 147,000-square-foot incubator industrial complex.

Barker Targets $300M for Troubled Assets
LOS ANGELES-Two veteran execs join the firm as part of its plan to raise the $300 million in equity to buy distressed and value-added commercial real estate notes and properties.

New Standpipe Inspection Rules Launched
NEW YORK CITY-The safety protocols, effective immediately, stem from the fatal 2007 blaze at the former Deutsche Bank building.




Construction spending falls, but ahead of analyst projections
U.S. construction spending continued to fall in November, but the slowdown was much less than expected.

Cleveland law firm Tucker Ellis & West opens Denver office
Cleveland law firm Tucker Ellis & West LLP opened its first Denver office Jan. 1 and has hired five attorneys to work here.

Construction spending falls, but ahead of analyst projections
U.S. construction spending continued to fall in November, but the slowdown was much less than expected.

Greystar acquires JPI Management Services
Greystar Real Estate Partners LLC has purchased JPI Management Services in a move that significantly expands Greystar as a leading multifamily real estate company, Greystar announced Monday.

Report: Tough times for Austin CRE in ‘09
While Austin’s economy continues to fare better than that of other U.S. cities, 2009 will be a challenging year for commercial real estate, according to a global forecast released Monday by Grubb & Ellis Co. (NYSE: GBE). (GBE)



Property Tax News

Clearer picture of property-valuation process sought by El Paso lawmakers (El Paso Times)
EL PASO -- The restructuring of the state's central appraisal districts, which dictate the property values that determine the bulk of the taxes Texas Related story: El Paso legislators say UTEP is top priority |

Former Texas governor candidate owes $21,000 (Corpus Christi Caller-Times)
A former long-shot Republican candidate for governor in the 2006 primary found out today he owes $21,000 in fines to the Texas Ethics Commission for filings four campaign finance reports months late. Locke ran in the 2006 Republican primary on a ticket that, among other things, would have abolished all state property taxes, levied a $10,000 abortion tax, and added a 50 percent tax on fatty ...

Residents paying city taxes, don’t live in city (Galveston County Daily News)
TEXAS CITY — Residents living in an area not in any city's borders were paying taxes to Texas City until League City claimed the land.

North Texas cities ready to speak up in Austin on taxes, fees, rail, education (Dallas Morning News)
At city halls statewide, minds are wandering down Interstate 35 toward Austin. The biennial legislative session in Texas starts Jan. 13, and local governments will have lobbyists and associations in Austin asking for help or, in some cases, asking to be left alone.

Budget, taxes, water on legislators' minds (The Longview News-Journal)
The Texas Legislature doesn't begin its 81st session until Jan. 13, but local lawmakers are preparing for the biennial political process. Rep. Tommy Merritt, R-Longview, is campaigning to help overthrow House Speaker Tom Craddick, R-Midland.



REIT News

Troutman Sanders merges with Ross, Dixon & Bell (at bizjournals.com)


Bulk buyer snags 60 units at Marina Blue (at bizjournals.com)


REIT taps new head of development and construction (at bizjournals.com)


Plum Creek Schedules Earnings Release and Conference Call for February 2 (Business Wire)
SEATTLE----Plum Creek Timber Company, Inc. will release its fourth quarter 2008 and full year 2008 earnings on Monday, Feb. 2, 2009, following the stock market close.

Anthracite Capital Extends Credit Lines and Announces New Dividend Policy (Business Wire)
NEW YORK----Anthracite Capital, Inc. today announced the extension of its secured credit lines with Morgan Stanley and BlackRock to February and March 2010, respectively. Advance rates on both facilities remained unchanged while spreads increased by 100-150 basis points.



News for CPAs

Web presentation introducing the exposure draft on Consolidation
Alan Teixeira, Director of Technical Activities, along with Patrina Buchanan and Michael Buschhueter, Project Managers, will be introducing the exposure draft on Consolidation in a live Web presentation on 8 January 2009, followed by a question and answer session.

IASB and FASB announce membership of Financial Crisis Advisory Group
The International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB) today announced the membership of the Financial Crisis Advisory Group (FCAG). The FCAG is the high-level advisory group set up by the boards to consider financial reporting issues arising from the global financial crisis.

IASB proposes additional disclosures for investments in debt instruments
The International Accounting Standards Board (IASB) today published for public comment proposals to require entities to provide additional disclosures on all investments in debt instruments, other than those classified in the fair value through profit or loss category.

IASB provides update on steps taken in response to the global financial crisis
This week, the IASB has taken a series of actions, as part of its response to the global financial crisis, addressing a number of the recommendations made by the G20 leaders last month.

IASC Foundation publishes update on responses to the G20 conclusions
The IASC Foundation has published today a table summarising the actions and ongoing work by the IASB and IASC Foundation in response to the conclusions reached by the G20 leaders in their summit in Washington DC on 15 November 2008.



Self Storage News

ISS Nashville Expo Includes Self-Storage Golf Tournament
The Inside Self-Storage Expo in Nashville, Tenn., Oct. 7-10, 2008, will include a golf tournament at the Gaylord Springs Golf Links. The ISS Golf Classic will take place  at 1 p.m. on Oct. 7. The format is a four-person scramble with a modified shotgun tee-off.   Designed by former U.S. Open and PGA champion Larry Nelson, the course is part ... (246 words)

Tennessee Self Storage Association Participates in ISS Nashville Expo
The Tennessee Self Storage Association (TSSA) will contribute to the planning of the Inside Self-Storage Expo in Nashville, Tenn., and will hold its quarterly meeting in conjunction with the show. The event will take place Oct. 7-10, 2008, at the Gaylord Opryland Resort and Convention Center, including educational seminars, networking opportunities and industry exhibits. “We’re very pleased to ... (168 words)

Florida Association Sponsors Inside Self-Storage Nashville Expo
The Florida Self Storage Association (FSSA) will sponsor and support the Inside Self-Storage Expo in Nashville, Tenn., Oct. 7-10, 2008. The event, which will take place at the Gaylord Opryland Resort and Convention Center, will include four days of educational seminars, networking opportunities and industry exhibits. Open to self-storage professionals worldwide, it will feature a special focus on the Southeast ... (264 words)

Inside Self-Storage Announces Dates for 2009 Las Vegas Expo
Inside Self-Storage (ISS), the producer of a monthly trade magazine and bi-annual tradeshows for the self-storage industry, has announced the dates for its next Las Vegas Expo. The event will take place Jan. 26-28, 2009, at The Venetian Hotel Resort Casino and Sands Expo & Convention Center. This year's event, also ... (141 words)

CB Richard Ellis Hosts Property Tour at Inside Self-Storage Las Vegas Expo
Investors interested in viewing self-storage properties available in the Las Vegas market can participate in a free tour sponsored by CB Richard Ellis during the Inside Self-Storage Las Vegas Expo, Feb. 5-8, at The Venetian Hotel Resort Casino and Sands Expo & Convention Center. From 9:45 to 11:45 a.m. on Feb. 8, CBRE will guide existing and potential storage investors ... (273 words)






Corporate Office
2200 North Loop West, Suite 200
Houston, TX 77018
driving directions to all locations
(t) 713.686.9955 / 1.800.856.REAL
(f) 713.686.3377
For general questions not related to property tax, e-mail us.
For property tax questions e-mail the Property Tax Department.
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