Several trends are shaping the modern commercial real estate industry in Kansas and throughout the country. These trends are changing the way in which people within the industry are doing business, and they have the potential to improve efficiency so individuals can achieve more success.
Kansas Lottery Commission grants extension on casino project
A brewing legal battle between the developers of the Kansas Crossing Casino and the Castle Rock Casino has pushed back the proposed opening of Kansas Crossing Casino from July 2016 to October 2016. The state's lottery accepted the developer's request to move the opening date.
Company sued for $300 million fighting back
Kansas residents may be interested in a major breach of contract action currently pending in a California courtroom. In the suit, Santa Clara County alleged that Turner Construction breached its contract to build an expansion for the Santa Clara Valley Medical Center.
Comparing residential and commercial property investing
Kansas residents often consider putting their money into the real estate market because the returns can be high, but choosing between residential and commercial property investment opportunities can be difficult. Investing in residential real estate such as homes, apartments and condominiums generally requires less capital, but the profits associated with commercial properties like offices, stores and warehouses can be far higher. However, there are a number of other significant differences between the two types of property investment.
