Hear from such dignitaries as Bob Kline of R.W. Kline & Co., Victor Coleman, CEO of Hudson Pacific Properties, Inc., Dennis Vacaro Senior Managing Director of Faris Lee Investments, Ray Lapone, formerly of Grubb & Ellils and Kristina Raspe, Vice President, Real Estate Development and Asset Managment for the University of Southern California. These interviews are much more in depth than just what is going on in the economy. Listen to each of these speakers discuss what they presented with their panel and much of their reasoning behind what they believe is the current status of commercial real estate and investments.
I haven't heard much about bank failures lately only to hear that 6 more banks were taken down by the FDIC in the past two weeks. Read more
This show will address some of the key issues faced by property managers and attorneys who represent lenders/buyers after the purchase of a commercial property after foreclosure. This wouldn’t be an interesting topic if we discussed it in 2004, when there were minimal commercial property foreclosures, if any. However, in today’s economy, a lot of properties are purchased as a result of a foreclosure, rather than by agreement between the owner and seller. Purchasing commercial property through a foreclosure sale poses some interesting and significant issues and problems as well as opportunities for investors, property managers and attorneys.
This may sound like a “Howard Rant,” and to some extent it is, but for the life of me, I cannot understand why a broker would risk the significant liability that comes with the drafting of legal documents. Over the short term it may seem like a good strategy to keep attorneys away from the deal, but over the long term, I have got to believe that it is a lose, lose strategy. Read more
As a consumer, I know that if I have a choice of paying no sales tax at my local store vs. paying sales tax on Internet sales, I certainly am going to be more motivated to buy local. Assuming that I am not too different from other consumers, that alone should increase Brick & Mortar employment. Read more
The thought crossed my mind that if a state was of the mind to do something that might increase local employment, the combination of taxation of internet sales and a moratorium on sales tax, might do just the trick. Read more
I think that taxing Internet sales, just as you tax brick & mortar sales will help promote local retail sales helping local employment, which in turn helps the economy. It also helps each state improve their tax revenue on sales that the states are already entitled to, for the most part. Read more
I refer to, what Mindy is describing as, "Strategic Leasing." Mindy is a broker who apparantly has her ear to the pavement, so to speak, and I am sure that there is quite a bit of strategic leasing being done at this time. Read more
CMBS Delinquencies Decrease for Third Month in Past Four. Does paying attention to the monthly changes make any sense?
What I want to see is a steady and growing decrease in delinquency rates over at least 6 months for me to see an encouraging trend. Read more
Wall Street, generally overreacts and instantly Read more
It seems like a rapidly expanding business with very strong short term prospects, with unemployment and gold as high as they are and the economy as low as it is. Read more