The Top Reason to work in commercial real estate according to Jeffrey Edison, CEO, Phillips Edison-ARC

The Top Reason to work in commercial real estate according to Jeffrey Edison, CEO, Phillips Edison-ARC

Jeff Edison, CEO of Phillips Edison-ARC says that he has never worked a day in his life and I believe him. Now this is a man who has been very lucky, or so he says. It's interesting that highly successful people credit their success to luck and feel that they are very fortunate to have the success that they have had. In my experience, while luck has a lot to do with it, there is much more to success than blind luck. Intelligence, knowledge and hard work, among others, gets you half the way their so that you can catch the luck as it flies by, like a butterfly in a net. Read more

Is it a Good Time to Invest in Real Estate in India? (Video)

Is it a Good Time to Invest in Real Estate in India?

It may now be a great time to invest in India, finally. Previously, there had been significant hurdles for foreign investors in India. However, according to Anuj Puri, Country Chairman and Head of JLL India, the election of a new government, the first in 30 years, bodes very well for foreign investing, particularly in commercial real estate. Read more

Big Day Confirming Interviews for RECON and still Counting

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More interviews added on 5/13/14. In chronological order of interview, I have confirmed the following interviews at RECON 2014: Arturo Sneider, John Crossman, Al Weiss, Adam Ifshin; Terry Brown; Jeff Rinkov,BK Allen, Faith Hope Consolo, Judith Nitsch, Lori Kilberg, Gene Spiegelman, Matt Winn, Anthony Buono, Jeff Edison Mathew Harding, Greg Maloney, Anuj Puri, Larry Kilduff, MaryAnne Gilmarten and Mike Carroll. Read the full article for more details Read more

Designing Shopping Centers Requires Some Pretty Sophisticated Pre-Planning & Thought

Designing Shopping Centers Requires Some Pretty Sophisticated Pre-Planning & Thought

Greg explains how the retailer controls the environment within the 4 walls of it's store, while the developer and owner of the center, is responsible for the environment outside all of the stores. Is retail a subset of the entertainment industry and requires a retail design architect to understand the demographics of the retailers that the developer is trying to target as well as the demographics of the consumers that the retailers are trying to target. Read more

Downtown Los Angeles is Adding More Mixed Use and is Going Through a New Revitalization

Downtown Los Angeles is Adding More Mixed Use and is Going Through a New Revitalization

Justin Weiss discusses the recent history of Los Angeles Downtown Revitalization. He has been involved in the process for over 13 years. It's not likely that anyone knows the process better than him. Among other things, he discusses how mixed use is becoming more popular, now bringing in more high end retail and chic supermarkets and why. Is downtown LA now becoming more like NY and San Francisco and is it becoming the chic center of Gen Y? Read more

Photo by Mirza Sadovic on Flickr (CC BY-ND 2.0)

Finding the Right Commercial Real Estate Appraiser

The appraisal of commercial property is, without a doubt, one of the most important aspects of commercial real property practice. The appraisal touches every part of the business and every person involved in the process, including buyers, sellers, lenders, borrowers and their brokers. Choosing the right appraiser and understanding what goes into a thorough appraisal can make or break a deal.