We lost sight of the basics were were taught as kids. In fact, did you know that every day more money is printed for Monopoly than the U.S Treasury? It took an email chain with a list of factoids to get me thinking that perhaps we went wrong with commercial real estate investment decisions that weren't well informed and that strayed from the fundamentals of financial analysis for commercial real estate.
I needed an inspection sticker for my car. I pulled up to Peter’s garage, a local mechanic I have gone to for repairs and maintenance for over 10 years, and I noticed the 3 garage/storage bays in the rear of the building were vacant. These bays had been leased to DHL for fleet maintenance for [...]
That is the question that Paul Marcus, CEO of Marcus Partners asked 155 seasoned Boston area real estate professionals at this week’s REFA 2009 Forecasting Luncheon.
Word On The Street
This graph depicts the psychology of the market through a boom and bust cycle. REFA coordinators used a very cool very innovative polling device that allowed the [...]
For a short time it was easy to dismiss the problems in housing as just that, problems in housing, but it’s now crystal clear that the housing disaster is taking a deep bite out of commercial real estate values. With new Case Shiller home sales data posted just yesterday I thought it appropriate to to [...]
We’re at the REFA 2009 forecasting luncheon. The view is impressive… we’ll see about the outlook. I’ve already overheard an opinion that we’re looking to lose 20-30% more in commercial real estate values this year.
Come back for a detailed follow up report on what we learn.
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You’re watching a football game on television. One team kicks off and a flurry of activity ensues. Guys are running everywhere and the ball’s on the move. They settle down. The two teams square off. They run plays to outsmart and out-maneuver the opponent. The offense works its way down the field, reaching the 50 [...]
In this podcast episode Ken Riggs, CEO of the Real Estate Research Corporation, updates his forecast for the commercial real estate market in 2009. Ken explores what property types and what locations will be be the best and which have the most exposure. Listen in to this CCIM podcast.
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In this podcast Brecht Palombo and Jeremy Cyrier talk with Craig Foley and Tim Pulling about one way commercial property owners and business tenants can reduce their expenses in 2009.
For commercial property owners the net effect of a substantial expense reduction is forced appreciation and increased cash-flow. For business owners expenses can determine the viability [...]
Saturday, January 31, 2009
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