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July 2015 Archives

Macy's advised to form new company for real estate

Kansas investors may be interested in hearing about a possible move by Macy's to either form a separate company for its real estate holdings or enter into a joint venture for them. According to sources, Starboard Value, an investment firm, is suggesting that Macy's could double its share value by doing so.

AutoNation ends partnership with TrueCar after contract dispute

AutoNation, the biggest new-vehicle retailer in the United States, notified TrueCar, an online car shopping service, that it is ending its partnership as of July 15, 2015, following a lengthy contract dispute. Auto enthusiasts in Kansas might have become aware of the impending split when the CEO of AutoNation said in April 2014 that the company intended to distance itself from third-party providers, accusing TrueCar of prompting the move.

Real estate experts predict property trends

Real estate investments made in Kansas and around the country are usually driven by long term goals. Predicting future societal and economic trends is rarely easy, but the Counselors of Real Estate produces a list each year that attempts to do just that. The Chicago-based membership organization of real estate advisers released their latest predictions on June 24, and demographic shifts and an influx of mainly foreign capital are the two factors the group feels will have the biggest impact on property values during the year ahead.

Our condo association was faced with monumental construction issues thanks to the original developer of our complex. We were cash poor and in no position to get legal representation without a contingency fee arrangement. Luckily for us, Scott Long and Burke Robinson were willing to take us on as clients. Their work ethic, professionalism and knowledge of condominium construction served our association very well. Any association would be well served in hiring these gentlemen to represent them.

Board of Directors - Plaza Gardens on the Lake Condominium Owners’ Association Lake of the Ozarks, MO

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